Grumete Spot

I think that the USA is "the land in the middle".

In ancient China, as I have seen in a documentary, they viewed themselves as "the land in the middle" and this is how it is studied in schools.

What does it mean to be the land in the middle? It refers to the center that possibly has all other places at an equal distance. If we were talking about a volume, we would say "center of gravity", which has the different weights distributed evenly in different directions. Weights, not volumes.

The human body also has a center of gravity.

I believe that the USA is "the land in the middle" because it has a coast on the Pacific and another on the Atlantic.

Russia is a singular actor, it has weight, it also has size, although it does not have a large population compared to other actors. The USA does not have a coast on the Pacific; it has the Mediterranean and Russia. I won't elaborate.

Reflections on the state of the situation.

Media attention is focused on the economy. At this moment, the emphasis is on tariff policy. This directly impacts companies and consumers.

Consumer behavior is fascinating; by convention, it is said to be logical and rewards the best price, but there are also instinctive, addictive, impulsive, irrational, and committed factors, either in favor or against.

In economics, things are often oversimplified. In the case of types of goods, we have on one side the so-called "essential goods" and necessary items, while on the other side, we refer to luxury goods as those that are not necessary or vital, and free goods are those that cannot be boxed (free goods are characterized by being abundant and not commercialized).

Then another factor is added, which has to do with the possibility of substituting one good for another. Cow's milk is an essential good, but now a substitution with plant-based milks can be considered. Another interesting example is coffee, as it doesn't really have a substitute; if it were to become very expensive, people would obviously switch to tea. These are hasty and simplistic examples; they are not good examples, but I mention them to see what comes to mind, to think.

It exceeds the purpose of this reflection to delve into trade. We used to organize ourselves by countries, now by blocs, and in each bloc, there is a legal framework. The so-called developed countries manufacture at higher prices and include a handful of costs related to insurance policies, labor risks, public finance, which ensure the legal framework, the price per square meter of the establishment, parking costs, waste management costs, and externalities (now they want to include CO2), etc. Developed countries end up with a high price due to adding costs that in turn generate indirect industries.

Elon Musk mentioned that he would like an agreement between the EU and the US; it is not a nonsense, although they are not identical.

Bear markets.

2. Renewable Energy and Carbon Trading

I think adding to the system the possibility for individuals or families to produce electricity by capturing solar energy, for example, is a good thing. I don't consider it a change to the system; it's like telling me you can generate electricity by pedaling stationary bikes at a gym. There's no problem; it's good for the system. The title of this chapter refers to the word "trade," and this is precisely what could scare an individual or family away from selling electricity. We have the solution in blockchain and tokenization technology, do you understand?

Centralitation is not the problem is simply natural, we live in society and we have convinient organitation. Also we see that for example an electric company sponsors the women's basketball league, so thousands of families are happy with that. Please undestand if we live in a big city we dont realy have much posibility to produce solar energy as an individual. But if we live in the country its more probable... because if we live in a city apartment, we dont have a lot of roof, we will have to talk with the neighbors and organize cooperation. I'm being simplistic.

To the possibility of producing solar energy as an individual, a synergy is produced if we add a premium for the reduction of CO2 emissions.

It's very stimulating, blockchain dont change the system, the truth is that it doesn't change the system it simply adds improvements.

Enough for today.

There is an explanation for receiving a part of that 400 prize that is greater than 20, and it is that on that day we were few and even fewer were those who answered all the questions correctly. Exactly. I have no reason to doubt the prize. Excuse my suspicions.

Operational risk.

Today, during the live broadcast of Binance Spain, we had some technical issues. I can't say what caused it, but I can describe the effect: the questions weren't appearing, and when answering, there was no acknowledgment, with the classic correct or false. This could have been due to the interference of a hacker, or something related to the server, the software program, saturation of the plotter, or who knows.

I don't want to drag this out; last time I was surprised to receive a prize. I've been involved in airdrops, play-to-earn money for months, and since there's no contract, I don't take it for granted. I'm pessimistic. Additionally, I tend to make mistakes, and I also have the deficit of not doing the so-called social tasks (sharing with friends).

I believe I received a prize higher than what they say, but I need to check it because it's in BNB. On the other hand, since I've completed all the free courses from Binance Academy, I thought that Big Data might have taken it into account.

Be that as it may, we know that the blockchain records everything. I don’t want to give specific figures; I can say that the prize is supposed to be 400 euros to be divided among the top 20. This amounts to 20 euros (in BNB). I have received a slightly higher amount that I prefer not to specify.

Since today there was an issue with the live broadcast, I wanted to put in writing this matter related to automatic computer issues, I suppose? And just as I confess that I may have benefited, as I do when I am harmed, I have taken the opportunity to explain the concept of "operational risk," which causes so much discomfort.

Nice to greet you.

In our days, a distinction is made between trader and investor. The difference seems to be a matter of timing. For example, in the times when the famous French writer Jules Verne lived, only investors were spoken of. A very clear example was when capital was sought to build a railway line, the shareholders were the investors. In those times, it could also be an initiative of the crown, as it was a matter of infrastructure. During the Spanish industrial revolution, which was in the 19th century, somewhat later, there were several broken banks of the crown and a lot of foreign capital. These are also the times of big banking.
It is said that what happened in Spain is that we were traditional and that when someone came to sell coal, they replied that they had always lived with charcoal and it had gone well for them; they were content or did not believe that they could be offered hard currency for pesetas (euros for cents of euro).

With this post, I intend to provide another way of explaining the difference between investor and trader.

Technology allows us to open and close a position instantly, whereas in the past it required: a stockbroker, paper documents, notaries, and lawyers (to open or close a position). What was done before was also a trader, but one contributed capital to a tangible project that needed to buy machinery, furniture, etc.

In ancient times, they could not even imagine that it would be possible to buy or sell shares with a single click, and that is why experts have to rewrite past recommendations to interpret them in the present.

As an student, also, of History. I know that:

In one trial (judgment) it takes three, it is a very old teaching, we find it for example in the Talmud.

Developing accuracy using blockchain consist in being a third party as a verification. The challenge to be a layer is to do verification having a reliable data base.

I´m starting with the course "Blockchain for Business Sustainability" (the subject is awesome).

1. Blockchain’s Role in Sustainable Business Practices.

Years ago I saw on TV that in Japan (the future in many things) you could know who was the producer of a food before buying. Not only in processed food.

You could know who is the person who grew, for example, fruits and even a photo of the place where the tree is or was. I call it "Precision Era" which is our next, post-"Information Era".

In this first chapter we find some examples of companies in ETH or Solana that are developing precision and combating fraud.

It is not yet, but an organic food certificate is predicted.

Good morning.
Ebook or paper book? My position on this matter is not defined, I'm not sure. I coexist with both. The question is very good because it can be extrapolated to many other things like, for example, gold or BTC?
Gold is a raw material with very specific uses, the most well-known being jewelry, the other being what made it ideal for minting coins. I also wonder why the technicians who assess operations on the network are called miners.
I am clear that I am grateful to Binance Academy because I have enjoyed studying again about a specific field. We also know that those who are on this boat will find opportunities.
There are many ecosystems that coexist simultaneously and I myself live different customary events here and there.
Have a good day.

Binance Spain is preparing some live sessions with content from Binance Academy (in Spanish). The latest one we have as of today is about Web3 and the metaverse. It's very interesting. Coincidentally, I recently remembered TG, which for some inexplicable reason attracts me. Besides being a messaging app, it is also a launcher, an application launcher. I recalled it in a post and immediately took another look. This weekend I have been absorbed in one of these strategy games. The fact is that I don’t usually play; I have a few things on Steam, I don’t have a PlayStation or Xbox, nor Game Pass. I have a Discord that I use little and I hardly watch Twitch. And it's curious that TG can capture my attention for a weekend with its offerings. And it’s precisely here where I explore the theory about Web3, the "private" ownership of what one owns on the web, NFTs, and after digesting it, I draw conclusions from what I grasp.

Now I am resting in stablecoins; tomorrow I hope to attend the next scheduled live session from Binance Spain.

I am finishing the swing, I will start identifying when to close positions and rest in stablecoin, until I make a new entry. My focus is on spot trading.

Protectionism - Tariffs.

How much will this interval of tariff protectionism affect? This goes by "economic communities" (it could have said countries) and will depend on the proportion of GDP that is exported. For example, in one area, phones can be produced that are purchased within an "economic community", plus an amount that is demanded outside of that area. We need to see the proportion between what is consumed inside in relation to what is exported. At first glance, the Trump administration aims to produce more things domestically.

In the crypto market, I have changed my initial plan a bit. There is a lot of volatility here, and swinging can be well thought out, but if you set a stop loss, you might find yourself getting swept. This week, I've seen two very notable ones. There's one from today. It's a very long red candle that then turns around ipso facto. Everyone who has automated with stop loss has found that it has triggered, although the trend has continued on a higher step. The good thing for me is that I'm moving a little capital and that it's capital I had set aside for leisure (a leisure not realized). The large red candle that I've eaten amounts to 40 cents of euro; I believe that the value will rise, but for now, we have this red candle, we'll see. I stay because I think it will rise based on a rebound effect and an emerging manifest change in trend.

I picked up a red candle. It was predictable, it's not a big deal, this weekend has been blah. But I have everything anticipated and discounted, we are in the most volatile market there is. This is provisional until the other arrives, my plan A.

In my opinion, ETH is the asset that leads in terms of game-Fi and private ownership of NFTs. The thing is that there are side chains, which are adjacent, with their own brands. The tokens from game developers will have their own brand, as is the case with GUN.
Changing the subject, I have heard that LTC has little value, so I am already withdrawing my 10 bucks from there. Sometimes you will see me doing something strange like this, and I explain it. It turns out that I did want to participate in GUN and in things related to Binance, and I have been in the GUN/USDT pair, and since we are going to stop having USDT operational in Spain, I had to exchange it for USDC, for example. It turns out that this weekend I got curious about LTC, which appeared in a mining game. I entered, saw the chart, and as the value turned and the 20-session average crossed the 200-session average, it looked bullish. So I entered to exit, but knowing that now I am looking for another pair that is not with USDT. I don’t know if I have explained myself because I write with haste and simplicity.

I'm glad I came across this comment, I just entered with 10 € but briefly.

Nice to greet you.

This weekend I spent some time with the TG bots, where I discovered game-Fi and air drops. There are several types of game-Fi; some aim to offer what traditional games provide, emphasizing 'ownership,' while others aim to be educational for you to operate in the cryptocurrency market. The latter type is a bit flat. It is with this second type that I have entertained myself this weekend, with no pretensions. Coincidentally, today #GUN was listed here on Binance; I participated a bit. It's the first time I am in a premarket and participating, but I acknowledge that I am not committed to the project because I do not play the games they currently promote.
While I was in TG, I wondered if I wanted a TON wallet to use in that area; having it is nothing special because all you have to do is download the app. The truth is that for now, I don't want complexity; I will stay where I am and keep learning things around here. Currently, I am in swing mode; I don't know for how long. If we drop a level, I will expand my positions, and if we go up, maybe I will edge into stablecoin or maintain the position. The €10 I used to participate in #GUN , I have put into LTC, which seems to change the trend, but it is a clearly volatile asset, and I am only making a €10 play. The chart tells me it might drop another step or turn around. I am not committed to this asset because I don't know it.

It would be interesting to study if there is any seasonal component, because now is the time when employees are paid. End of the month.

An interesting question: Why am I holding a bit of TON? As of today, I recognize that it is a different cryptocurrency. The first thing that stands out is that it has been less volatile than others. Another factor is the TG sphere, which leads us to the Emirates and to Pavel Durov's Russia. The first point encourages me to hold. Regarding the second, I understand that it may seem somewhat controversial, because the interests of Russia and Europe are opposed at this moment. We are talking about a very small amount of TON. The fact that USDT is not a stablecoin approved by Europe makes me consider closing the position, and I do not have a TON wallet. That's all for now regarding this decision. If I close the position, it is due to the unease that the geopolitical issue causes me.