I'm not sure why, but I never really got into the coin pusher games like this when I was a kid. I was always more of a crane game guy. I remember going to my aunt and uncles for a couple of weeks one summer to work on the farm. It was hard work, but at the end of the day we would go to the county fair and I blew at least half my money on the crane game trying to win a knife.
I broke the knife shortly after I finally won it, but I will never forget it.
I was traveling this past weekend with @mrsbozz and I came across this cool old machine in a small ice cream shop I stopped in to get a chocolate malt. As soon as I saw the name I knew I had to take a photo for the #silvergoldstackers group. I was in a hurry because I was parked a little illegally, so I didn't take the time to try my luck.
It was still cool to see it and if you ever get the chance to watch some of the coin push videos on YouTube, they can actually be quite entertaining.
It is time again for another Finance Friday/Friday Finance. This is a series I started where I talk about random bits of financial stuff that I have seen, gathered, or experienced during the week. I hope as a reader you find it informational, entertaining, or both. I also hope it can generate some good discussion and edify the community.
Speaking of Silver
I saw this article the other day talking about how they are coming out with a new coin in the US that will feature Celia Cruz. She is the first "Afro-Latina" woman to be featured on a piece of American currency.
She was considered the queen of salsa and that has earned her a spot on a special US quarters in the future.
I'm not going to plagiarize a photo to post here, but if you want to see what it is going to look like, feel free to follow the link I shared above. They have a photo of it there. Personally, I'm not that familiar with Cruz or her work, but I think it is cool that they are finally continuing to expand beyond dead presidents that had questionable records at best.
I think putting people who held cultural significance on currency is more likely to open conversation and educate others on who some of these icons were.
Things are getting interesting...
There's been a lot of speculation about how things are going to go come November in the United States. The general consensus is that if Trump gets elected it will be good for crypto and if Harris gets elected it will be bad. As much as I want to be rich, I'm not the type of person who can vote for a candidate based on a single issue. I'm holding out hope both sides will reach some kind of common ground in terms of digital currency. I still haven't decided how I am voting yet.
It looked like the left was starting to do a 180 for a second there, but then it was announced who the finance advisors would be for the Harris campaign and it isn't looking too good.
Two of them in particular Brian Deese and Bharat Ramamurti have been very outspoken in their distaste for cryptocurrency. How much do you want to bet they still hold some though? Personally, I wouldn't trust a single word that Trump says. I have zero doubt he will fire Gary Gensler if he gets elected, but beyond that I can also see him doing a 180 on his current crypto stance.
My hope is that like many others, these advisors for Harris can learn from their past misconceptions and learn to adapt to a changing world like many of us already have. Only time will tell...
LP's on WAX
I've been playing around with some of the liquidity pools available over on Alcor Exchange. It's a decentralized trading platform that also offers farm and staking opportunities for tokens/chains built on the EOSIO framework. I've been sitting on a decent amount of WAX since the last bull market. It's my fault for not moving more into stable coins, but there is nothing I can do about it now.
I was talking with some fellow WAX holders the other day and I was complaining mentioning, that I always forget when the liquidity pools end and then my tokens sit there locked up earning nothing. Someone else asked if you could automate the process (you can), but another person said the kind of see it as a game.
With so many play to earn games closing up shop or offering no return on WAX anymore, I can appreciate the viewpoint that moving funds around in LP's trying to find the best returns can be a bit of a game. I'm choosing to take that mindset to heart moving forward with my WAX tokens.
There are a ton of them out there, so if you are holding some WAX and some of the random project tokens (or the WUFF memecoin), you might want to check them out.
The Resurrection of LBI
To be fair, @lbi-token was never actually dead, but it was definitely in a bit of a hiatus as the bear market was brutal to many of us. It was necessary to stop paying dividends (it was actually voted on by the token holders), to ensure the continuation of the project.
Although my tokens haven't been earning me LEO as a dividend in a while now, they have been sitting in wallet doing a decent job of holding their value. Actually, as far as unstaked tokens go, LBI is in the top five of my holdings right now with a couple of asterisks.
The first being that you can't always trust the USD value that is represented in Hive Engine. It often is skewed by orders that have zero chance of ever getting filled.
Second, the DREIT token is basically dead, but that sits in the fifth place spot of my unstaked tokens. This goes back to the fact that a token can be listed as being worth anything, but if there is no one buying, it doesn't really matter one bit.
I recently pooled some of my LBI with some liquid LEO I had in the new LBI/LEO pool to eventually start earning some rewards. I'm looking forward to seeing what the future holds for LBI.
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