Newsletter May 2021
A Month is a Long Time in Crypto
Early in May, Elon Musk stated that Tesla would no longer accept Bitcoin in payment due to its poor environmental track record, while Tesla would hold onto their BTC stock, they would also actively look for more renewable-friendly alternatives.
This news was one of a chain of events that set off a mini bear market on the crypto exchanges this month, and much good news was lost in the furore. One of these was the news that India would be going down the regulation route for crypto, rather than attempting to ban its use and, further, the Indian Reserve Bank clarified that banks were not allowed to deny services to customers involved in digital assets.
We've also seen plenty of bite back on the environmental issue, with the Binance head wondering, publicly, why an electric car is good for the environment but the most efficient financial system in the world, which also runs off electricity, is bad. Nevertheless, the environmental credentials of bitcoin (or lack thereof) have been an issue for some time. The network itself has been working in the background to improve and invest in renewables. There are also a good number of alternative currencies that have a great record.
In May, we published a number of INSIGHT articles that looked at environment issues. Take a look at this articles by clicking on the images below.
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dWeb Guide and Social Media
Web 2 social media is a necessary evil for us dWeb enthusiasts; we need to spread the word and have to use traditional media to do it! We've been working hard at this lately and you'll notice we have many more followers and dWeb Guide is taking off!
We just added a tiktok stream which involves fun, bite-sized bits of Web 3.0 information. Click here to check out and follow our channel.
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Decentralised Social Media
Facebook, Twitter, Whatsapp, Insta...these traditional platforms are controlled by single entities that can (and do) monitor everything you do. What options are there for us? Where will social media lead us in future? Check out out article on decentralised social media here.
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A Note on Fraud
We've noticed a couple of scams on our facebook page lately; someone fraudulently using an account that looks like ours with a similar name trying to get our followers to send BTC with the promise of instant returns. The only way for us to stop this is to notice it and delete and ban that user. The dWeb Guide website has official referral codes for a number of exchanges. We also have a system on our website for if you would like to donate crypto to what is a free information service on the dWeb. We will never suggest you send money through our social media. Please inform us if you see something that looks suspicious so we can put a halt to it.
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DID YOU KNOW? dWeb Mythbusters
MYTH: Tokens are the same as coins FACT: Many people use the terms token and coins interchangeably without knowing the difference between them. The primary difference between tokens and coins is that coins provide the privilege of participating in a network while tokens can serve as important elements of a digital resource or provide representation for a share in the company.
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May Jellyfish - The Fried Egg Jelly
Lets take a peek at another more crazy looking jellyfish!
The ocean is full of seemingly endless fascinating and diverse organisms, and the fried egg jellyfish (Phacellophora camtschatica) is definitely one of them, with a look that is oddly reminiscent of eggs dumped in the sea. "Egg yolk jelly" is another common moniker for the species, which lives in seas around the world.
Fried Egg Jellyfish are commonly seen in temperate and open-ocean setting around the waters off of the United States' West Coast, in regions such as southern California all the way up to the Gulf of Alaska
The main body -- or "bell" -- of the fried egg jellyfish can grow to up to 2 feet in diameter. His tentacles can surpass 20 feet long. Fried egg jellyfish have a pale yellow center surrounded by opaque or white tissue consisting heavily of water -- roughly 95%. These sizable and sluggish invertebrates feed on zooplankton, especially smaller jellies, which they retrieve through stinging via the nematocysts of their tentacles. Their stings are rather moderate in intensity. Numerous animals routinely prey on fried egg jellyfish, including water birds, fish, and sea turtles.
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LATEST DWEB, CRYPTO & BLOCKCHAIN NEWS HEADLINES
Paypal Will Enable Crypto Withdrawals to External Wallets Blockchain.news - May 27
Cointelegraph - May 26
Cointelegraph - May 26
Cointelegraph - May 26
Blockchain.news - May 26
Cointelegraph - May 25
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