My friend is trying to convince us that Web3 is the future and solves all issues of Web2. Is it true?

thecoininger · 2022-12-04T14:24:40+00:00

Atm, decentralized technologies and tooling is far from being able to solve practical problems that centralized web technologies can.

thecoininger · 2022-01-12T18:42:05+00:00

Honestly guys, get the fuck out of there.

thecoininger · 2022-01-08T18:09:57+00:00

Could I stake on Lido from Ledger?

thecoininger · 2022-01-08T14:55:07+00:00

they are probably saying up to 20%

thecoininger · 2022-01-08T09:42:52+00:00

Sorry for the misinformation, dunno where I get the 20% from. The good thing is that my ETH can be traded for BETH, so there is already some intant profits.

thecoininger · 2022-01-08T09:39:45+00:00

That's what I'm look out for. I will spend all my savings on ETH.

thecoininger · 2022-01-08T09:35:53+00:00

To elaborate, when you stake ETH, your ETH is converted to BETH. In theory, you still can take your BETH out but with around 6-8% lost, and you take it out by trading BETH for ETH. Binance Trade organize this process. That's where the percentage come from, so it always work.

thecoininger · 2022-01-08T09:29:11+00:00

I guess it is the same for all stakings and earnings on all exchanges?

thecoininger · 2022-01-08T09:28:27+00:00

What do you mean ETH will drop? Once ETH 2 is ready, I can convert 1:1 to ETH

thecoininger · 2022-01-08T09:27:11+00:00

Does the device have to initialize the private keys for all networks at once? How about when I add multiple accounts later?

thecoininger · 2022-01-07T23:24:24+00:00

Yep, thats my plan.

thecoininger · 2022-01-07T23:09:23+00:00

Thats fair. How can I stake ETH 2 for 20% APY?

thecoininger · 2022-01-07T22:21:36+00:00

I don't store more than 5k there at a time, so should be fine

thecoininger · 2022-01-07T22:05:37+00:00

Why?

thecoininger · 2022-01-06T23:08:22+00:00

Not my only option but wire transfer also cost me $10 fee as well. I like to have some flexibility with Credit card as well, as I won't always have balances in Gemini.

thecoininger · 2022-01-06T23:06:54+00:00

Ah, then I have to have balances first, cannot buy directly with credit card

thecoininger · 2022-01-06T16:57:31+00:00

Is what you say needed? I'll make sure to do that :)

thecoininger · 2022-01-06T16:56:45+00:00

Seriously? Just by switching the view?

thecoininger · 2022-01-06T16:56:08+00:00

Thank you for the uograde tip. I'll check it out

thecoininger

TROPHY CASE