I love this poem almost as much as I do elderberry jam! I love the distinctive taste of elderberries, but I don't have much experience with the flowers. They look gorgeous!
The elderflower is just an earlier version. Imagine that elderberry jam, but then made in spring. That's about the difference. It's a bit lighter, a bit springy-er.
Yes, of course, you mean the Exchange Art site? For me, it's a new thing, so I'm exploring. But it would be good for you to have a look at Objkt.com as well. That's similar, but on a different blockchain. I've been on there for just over a year now. I assume the Exchange Art works similar, but have only started using this week. For both, you would need a crypto wallet. Unfortunately, not the same.
What precisely interests you about it? Would you like to know how to start creating on it? That in itself is not so difficult. The bit that's hard is the crypto-wallet thing.
I'm nervous about crypto and whether it will be a bad or good thing, what the tax consequences and liquidity would be, etc. So, any information on that I would greatly appreciate!
RIght. Those are very good, and complicated questions. What I see at the moment is that there is a clear division between the "crypto" world and the "blockchain" world, but the terms are still used for everything. When it comes to the blockchain technology being used for financial instruments, assets (compare buying/selling crypto with any other coin, such as USD or EUR), or speculation, that is an entire world on itself of which I have no deep insights. I think tax-issues are mostly tied to the gains or losses made with playing with these financial instruments and these will differ from state to state and country to country. I assume your state will have something to say about that, and the federal government as well. As I am not in the US, I have no visibility of that.
Then there is the blockchain world, where the focus is more on the other ways you can use the blockchain technology. For example buying and selling digital art. I like the Tezos blockchain for this, because the prices in general of art on this blockchain are relatively low (starting around 1 dollar), so it's a good entry point., Also, the value of the Tezos coin is relatively stable, hovering between approximately 80 cents and 1.10 USD in the last year. So, there's little financial risk. To enter and see for yourself, I would recommend getting a Tezos wallet, putting a little bit of money in (how much that is, is up to you, but you really do not need to take a risk of more than 50 USD) and start collecting some art via the Objkt marketplace. That way, you get a bit of a hang of it. Also, follow some artists on Twitter to see what they talk about and understand the market better. As for liquidity: there is none at the moment. A little bit, but it really is, what the Web3 people like to call it, a bear market going on. So, if you buy some art for 3 dollars, you will not be able to flip it for 5 any time soon.
Thank you so much for the mention on the Grace of the Oud!
Yes, of course. I really like your odes to instruments!
Thank you!
I love this poem almost as much as I do elderberry jam! I love the distinctive taste of elderberries, but I don't have much experience with the flowers. They look gorgeous!
Elderberry jam. Hmm. That sounds nice.
The elderflower is just an earlier version. Imagine that elderberry jam, but then made in spring. That's about the difference. It's a bit lighter, a bit springy-er.
Could you talk with me about this Exchange. It looks very interesting!
Yes, of course, you mean the Exchange Art site? For me, it's a new thing, so I'm exploring. But it would be good for you to have a look at Objkt.com as well. That's similar, but on a different blockchain. I've been on there for just over a year now. I assume the Exchange Art works similar, but have only started using this week. For both, you would need a crypto wallet. Unfortunately, not the same.
What precisely interests you about it? Would you like to know how to start creating on it? That in itself is not so difficult. The bit that's hard is the crypto-wallet thing.
I'm nervous about crypto and whether it will be a bad or good thing, what the tax consequences and liquidity would be, etc. So, any information on that I would greatly appreciate!
RIght. Those are very good, and complicated questions. What I see at the moment is that there is a clear division between the "crypto" world and the "blockchain" world, but the terms are still used for everything. When it comes to the blockchain technology being used for financial instruments, assets (compare buying/selling crypto with any other coin, such as USD or EUR), or speculation, that is an entire world on itself of which I have no deep insights. I think tax-issues are mostly tied to the gains or losses made with playing with these financial instruments and these will differ from state to state and country to country. I assume your state will have something to say about that, and the federal government as well. As I am not in the US, I have no visibility of that.
Then there is the blockchain world, where the focus is more on the other ways you can use the blockchain technology. For example buying and selling digital art. I like the Tezos blockchain for this, because the prices in general of art on this blockchain are relatively low (starting around 1 dollar), so it's a good entry point., Also, the value of the Tezos coin is relatively stable, hovering between approximately 80 cents and 1.10 USD in the last year. So, there's little financial risk. To enter and see for yourself, I would recommend getting a Tezos wallet, putting a little bit of money in (how much that is, is up to you, but you really do not need to take a risk of more than 50 USD) and start collecting some art via the Objkt marketplace. That way, you get a bit of a hang of it. Also, follow some artists on Twitter to see what they talk about and understand the market better. As for liquidity: there is none at the moment. A little bit, but it really is, what the Web3 people like to call it, a bear market going on. So, if you buy some art for 3 dollars, you will not be able to flip it for 5 any time soon.
Does this help?