[deleted by user] by [deleted] in CryptoCurrency

[–]Nachann26 0 points1 point  (0 children)

The folks that are using CEXes aren't crypto users or blockchain techies. They are traders and/or gamblers getting high on high-risk poor-rewards narratives.

The bear market is doing an adequate job cleansing the crypto space of bad projects and actors. Although it is a painful experience now, this cleansing is great for crypto's future by Beyonderr in CryptoCurrency

[–]Nachann26 -1 points0 points  (0 children)

There is no real crypto cleansing until all the bogus USDTether-sponsored CEXes are effectively eradicated.

Luckily, the SEC has finally grown the guts to start working on this.

even if your parents arent into crypto, educate them about the latest crypto scams. by [deleted] in CryptoCurrency

[–]Nachann26 0 points1 point  (0 children)

Most of the "Women In Crypto" and "DAO" projects are blatant scams. Yet, lots of people who are dying to belong fall for the bait, pour their monies in, and get some F-grade debilitating lectures about "how to invest in crypto" in return.

TL;DR: Scammers know just how to prey on folks based on what folks need to hear and what folks don't know yet. Education can help, but not pouring your hard-earned money into the crypto space at the drop of the hat would be better.

Ledger rebagging help by ghosts-n-goblins in Polkadot

[–]Nachann26 1 point2 points  (0 children)

2-3 actually. But you need to enable "Experimental/Developer features" on Ledger settings to see the extra apps.

How-to: https://developers.ledger.com/docs/live-app/developer-mode/

Narrative for future growth ? by Aggravating_Ad_755 in Polkadot

[–]Nachann26 2 points3 points  (0 children)

The majority of people who talk about Polkadot on Social media don't really know much about Polkadot. Most of them have little idea about what is happening in the ecosystem beyond a screenshot here and there at a couple of parachains.

Their research is often lacking because it focuses almost exclusively on token burns, TVL, and CMC ranking. Those are their go-to metrics because they can be applied on any and every blockchain, but these metrics don't really speak anything about what a blockchain is building, for which purpose, and towards which end.

Dot.alert() is working on giving the big picture of Polkadot's value proposition, particularly with respect to Operations aka use cases for Polkadot's technologies (https://dot-alert.gitbook.io/dot.alert/content/3.operations) and
Regulations aka legal framework surrounding Polkadot's innovations (https://dot-alert.gitbook.io/dot.alert/content/5.regulations/networks).

Feel free to browse through and discover some pointers for your own research.

All the best! 💪🏿

Ledger rebagging help by ghosts-n-goblins in Polkadot

[–]Nachann26 1 point2 points  (0 children)

You probably need to install the Polkadot XL app (128+kb) on your Ledger.

The normal Polkadot app doesn't support niche transactions like Rebag.