Join Cody For A Cryptocurrency Zoom Call
Last week I mentioned my ideas for two new cryptocurrencies — The SpaceCoin and The AntiCryptoCoin and I asked Trading With Cody subscribers for help. I received dozens of replies from subscribers, including some great insights, some good questions and some funny jokes. I’m going to host a zoom call tomorrow to discuss all things cryptocurrency and specifically to discuss with you all about whether its possible for us to create a value-add SpaceCoin or to create an AntiCryptoCoin which could trade inverse to the thousands of crappy crypto coins out there that are headed to $0.
We’ll do the call at 4:30pm ET tomorrow (Wednesday) over zoom. Everybody is welcome. We’ll use the usual Trading With Cody Chat zoom link for it: https://us02web.zoom.us/j/89076435567?pwd=c1VEelN1dDhra2pKc3Z0T2NCaitjZz09 Meeting ID: 890 7643 5567 Passcode: 449982 One tap mobile +12532158782,,89076435567#,,,,,,0#,,449982#
In the meantime, here’s a reprint of some of the questions and my answers about cryptos and these new ideas…
Q. Did I miss the video where you talk about bitcoin and cryptos with the CEO of Immersed? There wasn’t an attachment or link in my email.
A Here’s the link. Sorry: EASY-TO-UNDERSTAND Explanations of Bitcoin
Q. The metaverse is a great investment theme. Have you looked into any crypto focusing on the metaverse? If so, what are you looking into?
A. I think ETH is probably the surest winner in the crypto world for the metaverse. According to a US News article I just pulled up about the metaverse: “These seven names are the top metaverse stocks to invest in: Facebook Inc. (FB) Microsoft Corp. (MSFT) Unity Software Inc. (U) Roblox Corp. (RBLX) Amazon.com Inc. (AMZN) The Walt Disney Co. (DIS) Nvidia Corp. (NVDA).” Aren’t you glad I got you into ETH back in 2018 at $500 (Read: “Trade Alert: Building out my basket of cryptocurrencies”), along with FB at $25, AMZN at $500 or something, and NVDA back at $8, long before the US News was writing about the best ways to invest in the metaverse. Do you have other metaverse-centric cryptos you think I should check out? Please share, if so. Thank you!
Q. Crypto’s with a metaverse focus I know are MANA, SAND and ENJ. I’m sure there are others.
A. Thanks Rahul, we’ll take a look.
Q. Hey Cody. Two names come to mind for your new coin venture- “Crapto” Coin and “Black Hole” Coin
A. Haha, I love ’em both, except the Black Hole Coin is supposed to be a positive thing!
Q. My vote would be for an anti-crypto.
A. Yes, but how?! LOL.
Q. Hi Cody & Team, I’m writing in response to Cody’s comment about a SpaceCoin. I’ve also been looking into the crypto space and am completely fascinated by utility coins such as Livepeer (peer-to-peer video sharing) and Helium (HNT), aka the People’s network. I think these examples offer a possible hint into a type of SpaceCoin that may or may not exist. SpaceX is already launching mini-satellites to provide coverage for global internet via its Starlink service but is not based on crypto like HNT. There may be other use cases to fund a decentralized, user/crypto supported satellite network for other practical applications or uses. Examples include satellite imagery or examples like Spire’s use cases in their recent investor presentation. Maybe a smart-contract-based token that enables services (e.g. fractional sharing and/or use of satellites)? Hubble is a perfect example where there is public use rights but extreme competition (not every proposal is accepted..1 out of every 5). One possible consideration is to build on top of existing tokens such as Cardano or maybe even Chainlink for smart contract services. I’ll ping you if I think of something else. Thanks.
A. Thank you for all of this, I love it! I think you’re onto something with this concept. Let’s do a group zoom call about these AntiCryptCoin and SpaceCoin ideas on Wednesday next week at 4:30pm ET if you all can make it. Everybody is welcome. We’ll use the usual Trading With Cody Chat zoom link for it. Here are the details for the Zoom call: https://us02web.zoom.us/j/89076435567?pwd=c1VEelN1dDhra2pKc3Z0T2NCaitjZz09 Meeting ID: 890 7643 5567 Passcode: 449982 One tap mobile +12532158782,,89076435567#,,,,,,0#,,449982#
Q. Create a space coin that would allow us to own a percentage of SpaceX.
A. Unfortunately, that would be a security then.
Q. I like the crypto ideas Cody. It sounds like a conversation with Naval might be in order. On a different note, does anyone know how to identify locations where Amazon is building fulfillment centers that will employ 1000 or more people? I have some ideas for housing investment.
A. Thanks. Can you set up a talk with me and Naval? I don’t know about how to find the Amazon fulfillment center question, but I get where you’re going with the idea. As long as you’re early enough when you get the properties, it might be a good idea.
Q. Cody, have you researched ADA (Cardano)? Any thoughts?
A. ADA looks good and I actually own a little bit of it now in one of crypto wallets courtesy of someone buying it on my referral code or something. I don’t own much of it but I like it and would love to build up a reasonable-sized position in Cardano if/when the cryptocurrency market crashes again next time.
