welcome back everybody to altcoin daily my 
name is aaron smash the like button because in   today's video i want to talk about some of the top 
crypto protocols and top news stories in the space   we keep you informed on a daily basis 
this is why you subscribe we demystify   the cryptocurrency market and that's exactly 
what we're doing today the top story is this   bitcoin ethereum cryptocurrency drops as china who 
is a world leader a powerhouse china intensifies   their cryptocurrency crackdown the chinese 
government has again announced more bearish   statements on crypto direct quote from the chinese 
government recently virtual currency trading hype   activities have arisen disrupting economic and 
financial order breeding illegal and criminal   activities such as gambling illegal fundraising 
fraud pyramid schemes and money laundering so   china good china for the people china altruistic 
bitcoin bad crypto nefarious bitcoin and crypto   used for illegal activities hurting humanity 
hurting people china saying this let me know   what you think in the comments below because from 
what i see the only thing that china is doing   is hurting their own people taking away freedom 
taking away choice and directly manipulating the   cryptocurrency market to see double digit losses 
in the high caps and even greater losses in the   rest of the cryptocurrency market there are some 
deals today my friends let me know which coins   you're buying in the dip or do you think that 
this china news is bad news and this is for real   because let me share with you some perspective 
if you haven't been in cryptocurrency that long   perhaps you're unaware that china has banned 
bitcoin and crypto so many times i've lost count   almost every year it seems we can go back for 
seven eight years and see articles of china   banning bitcoin and crypto for eight years china 
has been banning bitcoin which they claim is bad   which they claim is nefarious 2013 was the first 
time this happened where china ruled that banks   cannot use the bad currency bitcoin 2017 china 
banned bitcoin again except this time banning   bitcoin exchanges now 2021 china has actually 
banned bitcoin two times one with the mining and   infrastructure and now with transactions they say 
that bitcoin's bad but it seems to me that china   is the one that is hurting its population bitcoins 
distributed and immutable accounting network   cannot be held hostage by any country's lawmakers 
bitcoin is unbreakable it's money for everybody   money for enemies and with china's forced shutdown 
of 60 plus of bitcoin's hash rate all the miners   that used to be in china china cracked down on 
this and what did we see nothing no lawsuits no   bankruptcies no bailouts and most importantly no 
downtime bitcoin's network just shrugged it off   and relocated to countries with increased freedoms 
and increasing freedoms for those countries china   is doing themselves a disservice and they have 
been since 2013.

Bitcoin is up over 40 000   since the first china ban zoom out my friends 
zoom out in fact investing in almost anything   that china has banned when it comes to disruptive 
technologies that they're saying are no good   it's always usually been really good to invest in 
those projects orders of magnitude gains each time   china bans innovative technology bitcoiners 
and people have been in the crypto market   are unfazed by this the true bitcoin veterans 
are no longer phased by negative news like this   we've seen it get attacked for 10 years straight 
every attempt only strengthening why it exists and   it's no surprise to see china releasing this news 
after one of the most exciting bitcoin twitter   payment updates twitter is global global adoption 
this is a slow rollout but i'm sure you know   twitter rolls out bitcoin tipping worldwide and 
also they're going to verify nfts directly in   your twitter profile twitter users can now send 
each other bitcoin as tips starting today so this   is quite literally worldwide bitcoin and crypto 
adoption using bitcoin's lightning network sending   and receive bitcoin as tips or payments but how do 
you do it how do i get tipped on twitter i'm going   to tell you how you go to edit profile the top of 
your twitter then you go to tips you turn it on   make sure that allow tips is active and then you 
connect your bitcoin lightning wallet a lot of   people like strike i like strike you type in 
your username your strike username or whatever   your bitcoin lightning network wallet is and all 
of a sudden it's that easy to start accepting   tips well what about nfts you mentioned 
nfts yes direct quote from twitter nft   authentication on twitter will come in the form 
of a badge shown on profile pictures marking the   owner's nft as authentic this is huge twitter 
is furthering cryptocurrency furthering bitcoin   by leaps and bounds and when you zoom out and 
start to truly understand the way the world   is trending and what's going on how can you not 
be bullish take a look at some of these metrics   openc nft activity this year on ethereum has been 
staggering an explosion of use for the ethereum   network for nfts and d5 there's a lot of things 
happening on ethereum quietly eth locked in d5   approaches new all-time highs so this is ethereum 
the asset getting locked up in d5 protocols   quietly approaching new highs how can you not 
be bullish and like i said it's not just a   theory my theorem's the leader but many ethereum 
interoperators and ethereum competitors are doing   great the avalanche ecosystem has seen 
considerable growth over the past few weeks   from under half a billion in total value locked 
at the beginning of august to over 3 billion today   this is a bullish metric if i've ever seen one 
and coming next week because of avalanche's rush   program to encourage different protocols to come 
on to the avalanche network and get interoperable   with avalanche next week the imminent 
arrival of ethereum blue chips ave and curve   will come to avalanche and it will be fascinating 
to see how this shifting defined landscape   continues to evolve so avalanche doing big 
things cardano do we have any cardano fans in the   audience because cardano is doing big things as 
well cardano announces a dapp store for certified   defy applications the key takeaways are 
this cardano is launching a storefront   for certified decentralized apps called the 
plutus dapp store the goal of the dapps is to make   dapps running on cardano easier for discovery iohk 
is also launching a formal certification program   for third-party dapps on cardano it's like the 
apple app store except it's the cardano app store   this is going to be interesting this is going to 
be cool it sounds like it's going to be super user   friendly so we'll see how retail gets involved 
with that when it is implemented and there's   just so many things going on in crypto in general 
pointing out social tokens here xcad continues to   announce partnerships with youtubers that 
have millions and millions of subscribers   in many different countries around the world 
these creators have millions of subscribers   they're announcing x-cad to their audience with 
snoop dogg selling 1 000 nft passes for private   ethereum metaverse party who doesn't want to 
party with snoop dogg in the metaverse well   the newly revealed nft collector is readying a 
bash within the sandbox ecosystem a snoop dogg   messing with ethereum messing with 
sandbox which is a decentraland competitor   very bullish very bullish and if you want to be 
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check it out it's a great card let me know if you   like it with that being said my name is aaron at 
altcoin daily we will continue to report and keep   you informed on news just like we've done today in 
the future every video this is why you subscribe   i think it's going to be a great rest of the 
year i'm actually kind of bullish let's go

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