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Choose Your Own Adventure | Bankless Publishing Recap
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Whether you’re a degen trader, NFT connoisseur, hardcore gamer, crypto nomad, or none of these, web3 offers endless choices and opportunities to learn.
In this issue, Bankless Publishing brings you the details on crypto-friendly countries. No matter where you call home though, did you know that your choice of RPC node — the means by which you connect and interact with an EVM-compatible blockchain like Ethereum — will dictate the level of privacy you maintain? You can change this in your crypto wallet settings, and you’ll want to once you read the article! Plus we take a look at mass market psychology and the phenomenon of meme coins, as well as the impact of gaming on crypto adoption.
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✍️ Article Summaries
What do Germany, Switzerland, Puerto Rico, and Malta have in common? You guessed it, they all have some measure of pro-crypto policy and are hospitable to digital nomads. While VPNs let you log in from anywhere, there are still many benefits to living in crypto-friendly jurisdictions. This article explores those permutations and subtly encourages some anons to go check them out!
“As more countries recognize the importance of creating effective tax policies and legislation to manage tax revenue, it becomes increasingly important to prepare for the tax implications of using cryptocurrency in different regions across the world. Crypto-friendly countries can be a great hub for innovation where individuals and companies can achieve synergies.”
Find your beach, or business opportunity, in a friendly jurisdiction with this article by 0xzh.
Did you know that it’s not uncommon for RPC connections — the way you connect to many blockchains — to correlate your IP address with your wallet address? There’s good news, however, as you can select your RPC connection, and this article explains how to do just that. Privacy and data hygiene are a fundamental digital right, and education is the tool to wield it.
“RPC stands for Remote Procedure Call, which is the name of the communication protocol services like wallets and dApps use to interact with a blockchain network. Most blockchains use RPCs, and many blockchains have multiple RPCs from which to choose. One way to think about the RPC is that it’s a way for you to choose your access route to the blockchain network. If you choose an appropriate RPC, you can connect to the network almost as if you were running your own node.”
Connect to the right node in this article by Hiro Kennelly for BP.
Sure we all know gaming is popular, and that gamers drive a lot of technological innovation — they are inherently early adopters. But this piece explores the question of whether or not gamers and gaming may be the catalyst for crypto’s largest adoption over a longer time horizon, and whether that adoption has already started.
“When we look at the top 40 mobile game studios, each one has brought in over $1 billion in revenue. In Q1 of 2022, mobile gaming brought in more than $21 billion (and that was a decline). Collectively, around 2 billion users are playing these mobile games.”
Brush up on your gaming chops with TheWriteDude’s breakdown on BP.
Do meme coins and their popularity have origins in mass purchasing psychology? How about the behavior of crowds with a select few people moving along a prescribed path. PEPE reached a $1 billion market cap in less than three weeks, and we wanted to figure out why.
“Since the advent of the blockchain, some memes have found a home as tokens, and currently the top two meme coins occupy a $15.6 billion market cap. What began as a joke — DOGE coin and its Ethereum-based follow up meme coin SHIB — became a collision between market forces and memetics.”
Dive into Frank America’s memetic analysis here.
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