Sirwin
Sirwin
Adobe Stock Licensed Image via Thomas Wolf Standard License

2023 - Crypto, Change & Contribution

By Thomas Wolf | Thomas Wolf's Den | 16 Jan 2023


As we get over the doom & gloom of 2022, many have set new-years resolutions and fiscal goals for 2023.  After much thought, I’ve decided to donate 15% of all of my cryptocurrency writing income with proof of receipt from here on out.

“It does not matter how slowly you go so long as you do not stop.” ― Confucius


I intend to donate to two prominent charities, Save The Children, which has been a continuous recipient of my friend Paul Mihalache and the 1BCH collective's generosity. Keeping with my career goals in Environmental Science after STEM undergraduate college I intend to donate to The Rainforest Foundation.  I will provide proof of receipt monthly starting in February.

The market is caught in a bubble no one wants to pop.  Economically speaking, recently listed data on inflation via CPI (Consumer Price Index) came out as 6.5, which illustrates a “middle of the road” marker for economic conditions for many analysts.  Bitcoin reached a peak of $21,340 USD in yesterday's pump, and is currently attempting a new run at $21,325 USD.

Ethereum made its way to $1,578 USD, while BNB marked $307.3 USD during the pump.

The CPI number was buffed by a variety of things.  The events varied, such as unexpected record high temperatures in the east, fertilizer company stock cash outs rounding a several-year high due to seasonal demand decrease over the winter, and more factors set to rebound for the negative like natural gas prices were used to produce this number while people who considered themselves upper-class are living paycheck to paycheck in various parts of the world.

As a result, people feel safer investing and whales know that the sheep will be easily wooed by misleading CPI data, they just injected tens of billions of dollars of volume into the market and we are now easily in bull run or bull trap waters.  With the power behind crypto and the ambition of investors, it could be enough to maintain these prices and turn 2023 into a wild ride, although I always prepare for the worst while hoping for the best.

A bull trap is a large possibility, especially when considering global economic conditions and the lies being sold around temporary stability in market activity.  However, with cryptocurrency being a niche market that holds less than a few trillion dollars in total market volume, large whales can easily keep these pumps up, the question is, will they?  If not, I'd blame politicians and the mainstream media for funneling their lies about the economy.

I’ve learned to never underestimate human greed... but that goes both ways, especially in futures.  An educated guess would say yes, at least until bad info on interest hikes and inflation comes out again.

On other horizons, Avalanche (AVAX) paired with AWS (Amazon Web Services) and saw tremendous growth during the recent pump, going from $10.26 USD to $18.07 USD.  AWS is a highly prized customer and its blockchain adoption means a lot for both sides I am happy to see that pairing go to a deserving company.  I expect great things from Avalanche and plan to write about their project in detail.

My friend Allen Taylor is publishing his new book Web3 Social: How Creators Are Changing Social Media (And You Can Too!) and I highly recommend his work.

Additionally, the e-Book will be available for the first few days after its launch for only $0.99 USD.  If you’re interested in helping Allen launch his book, you can join his book launch team to get an advance review copy of the eBook for review and promotion purposes.

Telegram has created a site where users are tipped in their native token Toncoin (TON) which is now listed on KuCoin.  Users are tipped simply for posting, I recommend you head over to Ton.Place and start stacking.

I am exploring different avenues with content creation to continue with professional development, aimed heavily at growth and adaptation to Web3 standards.  One of the things I plan to be more involved in are sponsored & community-funded poker tournaments such as the one I just took the #4 prize in, sponsored by Paul Mihalache & Pantera via Club 1BCH, thanks again!

I'll be seeing you all soon for a rematch :)

I have now been a member of the Publish community for over three years. Cheers to that!  My OPs have been moved back to Publish, as well.

The Rainforest Foundation US is focused on securing the rights of indigenous peoples, protecting much-needed rainforest lands, providing education, resources, and tools.  Through this, they are battling pollution, deforestation, climate change, and more.

Save The Children does just that wherever possible, helping to improve the living conditions, education, and healthcare they receive while helping to protect them from exploitation. They utilize The Giving Block which makes cryptocurrency donations with proof of receipt easy with a variety of choices of cryptocurrencies to donate in.

We have no future without them or the environment.  I hope to leave both behind in better condition than I found them. I plan to donate 7.5% to each charity, marking half for the children, and the other half for the environment they will hopefully be lucky enough to grow up in.

Cryptocurrency acts as an excellent medium for donations because they are classified as property, and when you donate property to a non-profit organization it is tax-exempt for capital gains.  This way, the charities keep more money, and you don't pay to donate it, along with tax deduction opportunities.

As always, comments & suggestions are highly encouraged.

Stay smart & Stay safe.

-Thomas Wolf

Pronouns: He/Him/His

DISCLAIMER

I am not a certified financial, tax, or legal advisor, analyst, or planner.  The above information should not be considered advice but as an opinion intended to share information and ideas for entertainment and independent research purposes.  I am not responsible for any losses or damages incurred due to misinterpreting my personal opinions for professional advice.


Follow Me:

Noise.app - Ton.Place


Honeygain - Passive earner, P2E, offerwalls - pays in JMPT via BSC or BTC
Cointiply - My favorite for surveys, P2E, PTC, and Quests
FireFaucet - An earning site that pays better for some than Cointiply
Pipeflare - Faucet that pays in ZCash and MATIC, Games pay in DAI
Womplay - Mobile dApp Gaming Platform that Rewards in EOS & NFTs
IguVerse - Mint your pet NFT for FREE and start earning rewards!
Upland – Metaverse Monopoly, UPX to FIAT in Beta
Sandbox - Metaverse P2E, now listed by Binance and Coinbase
GlobalHive - ZCash (ZEC) Faucet
FreeBitcoinCash - Faucet and Offerwall app, 20,000 Satoshi Min. W/D
LitecoinGiveaway - Faucet and Offerwall App, 100,000 Litoshi Min. W/D
ADBTC - Easy PTC for Satoshi’s, Works in Mozilla Firefox!
FaucetCrypto - A popular site that pays out small amounts instantly
FreeCAKE - A CAKE (PancakeSwap) hourly faucet
FaucetPay - New & Improved Micro-wallet & Payment site


 

How do you rate this article?

84


Thomas Wolf
Thomas Wolf Verified Member

Independent Researcher & Writer.


Thomas Wolf's Den
Thomas Wolf's Den

This is no place for sheep.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.