Episode 169 - Metamask, Fake Trades, and more

# Episode 169 - Flagship Friday Today we talk about everything from Formula One Racing to Metamask. Karim, Adam, and Brent are hardly able to even get through a rapid fire section without some commentary, and they go over the dumb and dumber that is the Weiss Ratings on this edition. - Rapid Fire [Fidelity has so many people at the firm on board with crypto. The MOST RELEVANT real money firm is turning into a crypto culture. How great is it that the work culture is beaming with crypto enthusiasts. It’s a part of the pipeline that needs to be laid for mainstream mass adoption](https://twitter.com/aridavidpaul/status/1110824390646743041?s=21) [Ari Paul ⛓️ on Twitter](https://twitter.com/aridavidpaul/status/1110824390646743041?s=21) [Initial Exchange Offering -](https://www.reddit.com/r/ethtrader/comments/b6b2ev/initial_exchange_offering_a_new_alternative_to_ico/?st=JTSBN1LZ&sh=fd4021d2) [r/ethtrader - Initial Exchange Offering: A New Alternative to ICO?](https://www.reddit.com/r/ethtrader/comments/b6b2ev/initial_exchange_offering_a_new_alternative_to_ico/?st=JTSBN1LZ&sh=fd4021d2) [Tether had 100% of the Stablecoin market this time last year. Now it's 75%](https://twitter.com/ceterispar1bus/status/1109782306372255744?s=20) [r/ethereum - The Samsung Galaxy S10 has shipped but only users in Germany, Korea and the U.S. are able to use its crypto features for now. Not a bad start!](https://www.reddit.com/r/ethereum/comments/b6660y/the_samsung_galaxy_s10_has_shipped_but_only_users/) - [Formula One is getting into blockchain](https://www.trustnodes.com/2019/03/27/formula-one-enters-partnership-to-launch-ethereum-based-blockchain-game). - Adam - They will have nfts in the game. Makes me think you’ll be able to collect cars old and new - What are some of the best games you’ve seen in the blockchain space so far? - Formula One, or their parent company Liberty Media, has not yet responded to confirm the partnership, with it unclear at this stage whether they’ve just bought the branding rights or whether there is closer collaboration. - This is actually a big deal for blockchain gaming [Formula One Enters Partnership to Launch Ethereum Based Blockchain Game](https://www.trustnodes.com/2019/03/27/formula-one-enters-partnership-to-launch-ethereum-based-blockchain-game) - [Metamask has been in the news](https://twitter.com/metamask_io/status/1110989506134446081?s=19) - Brent - Metamask has a setting that makes it non-private. It basically does this to communicate with DApps, but in doing so it basically broadcasts your public ETH address to every website that you access. - They've always had a private mode, but it would make it a little clunkier to operate with the sites that it integrates with (imagine like using radar relay, they already know you have metamask when you go there). - Well the community started to have an outcry about this and doesn't want their address broadcast like this by default. - What would other coins do? - What metamask did. - [Weiss ratings](https://weisscrypto.com/en/cryptos/screener/shared/coins-by-market-cap) are out! Lets play ESPNnnn - Karim - 3 Categories - Overall rating - B- Bitcoin, Ripple, EOS, Binance - C+ ETH, LTC, Stellar, Cardano, Tron, NEO - C Monero - Technology/Adoption Rating - A Btc, Ripple, EOS - A- Eth - B+ Stellar, Litecoin, Cardano, Neo, Zcash, Bitshares, Steem - Investment Risk/Reward Rating - B Binance - C- Litecoin, Holo - No one got an Overall A, - [Imagine having to convince your grandmother to start using cryptocurrency.](https://www.reuters.com/article/us-crypto-currencies-compliance-idUSKCN1R90FR) - Adam [Compliance officers wary of switch to 'Wild West' crypto sector](https://www.reuters.com/article/us-crypto-currencies-compliance-idUSKCN1R90FR) - Thats loosely what these head hunters are going through. - The crypto world is burgeoning and these companies are looking to recruit employees from comfy positions while making them understand the importance of cryptocurrency as an innovation. Could unexpectedly be very tough - [Saw some bullish news about crypto.com and decided to see what their MCO card is all about](https://help.crypto.com/mco-visa-card/mco-visa-card-limits-and-fees) - Brent - Shady af. - So they have a bunch of card tiers and a bunch of cool cash back stuff. - I had to give them a picture of my ID before I could even find their fees. Literally the FAQ says you have to look in the app for fees - On their website everything looks so good - free spotify, 1% cash back bla bla bla. - The fees are 3.5% per purchase, and that's without the exchange fee / rate. - [Nearly all bitcoin trades are fake???](https://www.technologyreview.com/the-download/613201/nearly-all-bitcoin-trades-are-fake-apparently/?utm_medium=tr_social&utm_source=facebook&utm_campaign=site_visitor.unpaid.engagement) - Adam (With a little side of Brent) - Somewhat of a clickbait title but apparently a lot of exchanges participate in something called “wash trading” where most of the volume on the exchanges are fake. Trading back and forth between the same exchange [Nearly all Bitcoin trades are fake, apparently](https://www.technologyreview.com/the-download/613201/nearly-all-bitcoin-trades-are-fake-apparently/?utm_medium=tr_social&utm_source=facebook&utm_campaign=site_visitor.unpaid.engagement) - Shots Fired! [Half of Justin Sun's followers are revealed as Fake](https://www.trustnodes.com/2019/03/24/close-to-half-of-justin-suns-new-followers-revealed-as-fake) - Well..his new followers. Basically a standard account should have around 1% of its followers be new users each month. Justin's are 50%. [Jack on BCH - "Hell no!"](https://twitter.com/jack/status/1092970006462160896) - Patreon - Master Node Andrew Giles Marcel "Bitcoin Mexico" Bosio Robert Laverty Simon Gordon thebiggerboat - Secure Node Ameya "Degenerate Brahmin" Vaidya DisDangus InYaMouth Jeff Steven "Steve Staples" Stapelton the zman - Node Boris "Early Adopter310" Boychev Crypto Tytan Fanc1dan Laze Peter Stewart SamMcCallum Simon Stokes Tyler "The Big Cohoonah" Cohoon