Ep 20. Rich people problems

Woohoo! This is my 20th edition! I started writing on a whim without a plan. I knew I wanted to learn more about crypto and share with others interested and so I just started. Thanks for coming along on this ride. Be sure to invite others who might get a kick out of this too. There is room at the table. <br/><br/>Quick rant: I intentionally do not spend a lot of time talking about the price of bitcoin or other cryptocurrencies. Developments in this ecosystem are going to transform our lives, the products we buy and build. Sometimes, I feel like the price is a distraction. #DollarCostAverage #BuyTheDip #StackSats #HODL <br/><br/>News<br/><br/>Luxury goods get on blockchain<br/><br/>Over $600B of fake goods are sold each year. How would you feel if you unknowingly bought a fake $5,000 Rolex watch or $50,000 Birkin bag? <br/><br/>LVMH (ex Louis Vuitton), Prada, and Richemont (ex Cartier) formed the <a href="https://auraluxuryblockchain.com/">Aura Blockchain Consortium</a> to provide customers with proof of authenticity and ability to track ownership and post-sale repairs.<br/><br/>This is huge for the pre-owned market for luxury goods. Maybe one day you could whip out a phone and scan watches, bags, jewelry to find if its real. <br/><br/>Binance US names Brian Brooks as CEO<br/><br/><a href="https://www.binance.us/en/home">Binance US</a> is the American arm of the world&#8217;s biggest crypto exchange. The company has a big vision with projects in payments and stocks. <br/><br/>For example, the US stock market is closed more hours than it is open, Binance has tokenized Tesla stock so that you can buy and sell it 24/7/365<br/><br/>However, Binance US needs a steady hand to navigate complex regulatory environment. Brian is the crypto-loving former head of a bank regulator. Sounds like a win-win!<br/><br/>Venmo goes crypto<br/><br/>Do you remember writing checks or using cash to pay your nanny? Person-to-person payment solutions like Venmo and CashApp have changed the game. <br/><br/>Venmo is owned by PayPal. Last ye