Massive Cardano Update: What You Need to Know NOW!

[@LearnCardano]

Beware of scammers! Don't trust anyone! But join my new channel www.youtube.com/@LearnCardano-Tutorials?sub_confirmation=1

[@brianpackard9954]

Thanks Pete. Always unique updates. Liquidity is tough when the only onramp is coinbase.

[@LearnCardano]

Very true!

[@DeLaGhetto1986]

Putting precious metals like Gold, Silver, Platinum, Palladium, Rhodium or Iridium and some stablecoins, treasury bills, properties, stocks and Bitcoin sounds like a good idea! It would strengthen more our treasury system!

[@LearnCardano]

I like a good spread of assets

[@hako3633]

I like the idea of diversification in the Cardano treasury. There should be bitoin, gold and silver in it in my point of view.

[@LearnCardano]

Diversification is the key thing here. Indexes are a fantastic financial instrument.

[@davidneal3684]

@@hako3633 Agree!

[@aussiealts3507]

Awesome Pete, cheers and subed to the new channel.

[@LearnCardano]

Awesome thank you!

[@machtwoegrin6181]

Thanks Pete, great job, love your updates 👏

[@LearnCardano]

and thank you for being here.

[@FesteringRatSub]

I think the funds should go towards creating a world voting and ID system that is decentralized. Also some type of truth verification project.

[@LearnCardano]

The Cardano Foundation have done a lot of work around that already with all the solutions they have created. x.com/Cardano_CF/status/1828099214988935579

[@robtihanyi1155]

Good job Pete

[@LearnCardano]

Glad you enjoyed it

[@johndussin5004]

DCA ADA !

[@LearnCardano]

DCA ADA!

[@davemccraw3910]

Just subscribed to your new channel.

[@LearnCardano]

Thank you! Just need another 980 people to sign up!

[@FesteringRatSub]

The proposals need to somehow be sent out to people for an easy yes no click on an app? Is this even possible?

[@LearnCardano]

Yes, I really hope that the wallets will implement all of this. I'm looking at Lace for this to make it so easy and built into the interface so that its in your face and just takes a couple of clicks.

[@heinatavi]

But, how much ADA to retire? 1 million ADA (staking+other passive forms), would equate to 250k with pessimistic 0.25 usd / ada price. With around 4% interest, that would make around 10k USD in a year, which very low, but doable. I'd personally have to pay 30% capital-tax on it (non-deductible), so would just scrape by with that amount. I could take more risk and get higher return, but not sure about it. Already risked too much on DeFi and it's tanking. Probably wouldn't retire on it. Or maybe.

[@LearnCardano]

Thanks for providing the input there on the numbers for you.

[@heinatavi]

Hey Pete! I'm subscribed to you (the cheaper tier, would love to upgrade it to 10 bucks a month someday), but never really interact, since I'm taking a break from crypto-news. It's too hectic and draining to constantly follow the ups and downs. Love the channel, I still watch your videos on incognito so YT won't start recommending me crypto-stuff. Keep up the good stuff! I'll be here.

[@LearnCardano]

Thank you so much for subscribing. I really really appreciate the support like that. Means a lot to me. I'll try and keep the content unique and precise for ya.

[@pippopippoloni2126]

Hi Pete! Great video as always! CF has already withdrawn the ADA for fund 13! I think the reason that few people participate in Catalyst voting is the fact that almost no wallet supports it..

[@LearnCardano]

yes you are correct. The funding was taken out in epoch 495-496 x.com/Star_Forge_Pool/status/1821575167883296975

[@111dcormack]

Good vid

[@LearnCardano]

Thank you

[@thanhtung1512]

Thanks for your useful contents

[@LearnCardano]

My pleasure

[@FesteringRatSub]

These scam tokens are a real problem, could people flood your wallet with them? They must be paying money for these scams.

[@LearnCardano]

yes they can flood your wallet with them. Each time they send them, it does cost them at least one ADA that has to be sent to you.

[@loulisto6576]

Are you kidding me? Are you THAT out of touch? BTC in the treasury is an excellent idea!

[@LearnCardano]

As long as it managed properly. I just watch what happens with UST and USDD.

[@winder_1910]

Hey Pete! Can you talk about why FREN has been suspended. Thanks!

[@LearnCardano]

Sorry, I don't know anything about FREN.

[@pxkqd]

I don't know if memes and trades are a good fundation for network activity. Until there's useful products and services, there's no reason to spend.

[@LearnCardano]

It's not ideal, but all the ideas that they are bringing and creating can all be applied to better assets and projects.

[@zkproof]

Strike Finance. I didn't find any financial experience on their LinkedIn or anything in their Linktree. What credibility do they have? 2 full stack devs and thats it. Founder doesn't seem to have much work expereince anywhere. Not high confidence

[@LearnCardano]

He did tell me where he use to work. I wrote a bunch of smart contracts for some other projects. I'd have to look them up. It might have been Cherry Lend as they were transitioning from the off the shelf code to more custom stuff. If you're not confident in it. Then pass and move on.

[@greger589]

👍

[@benmiguel]

I would leave my day job for 1.5B ADA

[@LearnCardano]

LOL, put in a proposal and governance action for us to vote on. Throw a party for us at least.

[@CryptoGypsy-]

I'm hearing the Ledger Nano-S wallet isn't Chang #1 ready. Would this affect transaction settlements if you wanted to trade or transact? Or would this simply affect your ability to participate in voting? It's probably a dumb question, but feel free to enlighten me. TIA. ADA all the way 🚀🚀🚀

[@LearnCardano]

It's now confirmed its Chang ready! They did the work that was required to make it happen: x.com/ATADA_Stakepool/status/1828788278373548248