<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*xc-tNzGE61-3CSrhJI9btw.png" /></figure>It’s difficult to go a day without reading troubling news about the supply chain, inflation, recession or economic turmoil. Uncertainty is pervasive and it’s natural to be concerned. There are experts around the world sharing their views about why the economy has shifted and what happens next, yet few are talking about how to weather the storm and come out the other side having made smart financial decisions. This is why we started Blockchain.com: to be your partner through both the boom times and the rough patches.Crypto is becoming more stable with each market swing but it’s critical you have the right advice, tools and guidance from your crypto partner to navigate market dynamics. In Blockchain.com’s nearly 11 years in the market we have persevered through four crypto market cycles and each time been responsible stewards of the trust our customers place in us. We’ve been preparing for this moment, and throughout 2021 invested in our systems to ensure our products remain available and functioning as our customers expect.We continue today to make your funds available when you need them and to safeguard your funds when you don’t. This is our promise to our customers and to the ecosystem: our job is to build a suite of products — recession and volatility proof — and to be ready for this moment so you have the power to make choices. With a strong capital base, cash positions, and liquidity reserves, we remain rock solid for our customers, clients and the industry.Your global team is <a href="https://support.blockchain.com/">available</a> 24/7 to answer questions, fix issues and be a sounding board for the crypto ecosystem. If you have thoughts or comments to share with me, please reach out on Twitter <a href="https://twitter.com/OneMorePeter">@OneMorePeter</a>.Thank you for being part of Blockchain.com and for your continued trust.<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=fe4a5f44f7b1" width="1" height="1" alt=""><hr><a href="https://medium.com/blockchain/in-times-of-uncertainty-you-can-depend-on-blockchain-com-fe4a5f44f7b1">In times of uncertainty you can depend on Blockchain.com</a> was originally published in <a href="https://medium.com/blockchain">@blockchain</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.

It’s difficult to go a day without reading troubling news about the supply chain, inflation, recession or economic turmoil. Uncertainty is pervasive and it’s natural to be concerned. There are experts around the world sharing their views about why the economy has shifted and what happens next, yet few are talking about how to weather the storm and come out the other side having made smart financial decisions. This is why we started Blockchain.com: to be your partner through both the boom times and the rough patches.
Crypto is becoming more stable with each market swing but it’s critical you have the right advice, tools and guidance from your crypto partner to navigate market dynamics. In Blockchain.com’s nearly 11 years in the market we have persevered through four crypto market cycles and each time been responsible stewards of the trust our customers place in us. We’ve been preparing for this moment, and throughout 2021 invested in our systems to ensure our products remain available and functioning as our customers expect.
We continue today to make your funds available when you need them and to safeguard your funds when you don’t. This is our promise to our customers and to the ecosystem: our job is to build a suite of products — recession and volatility proof — and to be ready for this moment so you have the power to make choices. With a strong capital base, cash positions, and liquidity reserves, we remain rock solid for our customers, clients and the industry.
Your global team is available 24/7 to answer questions, fix issues and be a sounding board for the crypto ecosystem. If you have thoughts or comments to share with me, please reach out on Twitter @OneMorePeter.
Thank you for being part of Blockchain.com and for your continued trust.

In times of uncertainty you can depend on Blockchain.com was originally published in @blockchain on Medium, where people are continuing the conversation by highlighting and responding to this story.

In times of uncertainty you can depend on Blockchain.com

<h3>Introducing .blockchain domains</h3><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*w-TCJ-vrJUKVBTMy9zoOtw.png" /></figure>A couple of weeks ago, we announced support for <a href="https://medium.com/blockchain/sending-and-receiving-crypto-just-easier-ad4c01c36bf2">all Unstoppable Domains’ top level domain endings</a> in the Blockchain.com Wallet, including .crypto, .zil, .x, .nft, .wallet, .coin, .bitcoin, .dao, and .888.Today we’re excited to partner with Unstoppable Domains to introduce a brand new set of domains to their line-up: .blockchain domains. In doing so, Blockchain.com is the first company to have a branded top level domain with Unstoppable Domains.Starting now, you can buy your personalized .blockchain domain on the <a href="https://unstoppableweb.co/dotblockchain3">Unstoppable Domains website</a>. What’s more, in the coming weeks we’ll be giving Blockchain.com Wallet users the opportunity to claim your very own .blockchain domain for free that will be associated with your Blockchain.com Wallet.What is a .blockchain domain?<iframe src="https://cdn.embedly.com/widgets/media.html?src=https%3A%2F%2Fwww.youtube.com%2Fembed%2FxQhKvKf-j_o%3Ffeature%3Doembed&amp;display_name=YouTube&amp;url=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DxQhKvKf-j_o&amp;image=https%3A%2F%2Fi.ytimg.com%2Fvi%2FxQhKvKf-j_o%2Fhqdefault.jpg&amp;key=a19fcc184b9711e1b4764040d3dc5c07&amp;type=text%2Fhtml&amp;schema=youtube" width="854" height="480" frameborder="0" scrolling="no"><a href="https://medium.com/media/81b7a98a4817ee6e5749a04c99d34cae/href">https://medium.com/media/81b7a98a4817ee6e5749a04c99d34cae/href</a></iframe>Similar to an email address, a .blockchain domain is an easy-to-remember address for sending and receiving crypto.Instead of having to copy-and-paste long complex wallet addresses like bc1qw508d6qejxtdg4y5r3zarvary0c5xw7kv8f3t4, you can simply type in an easy-to-remember domain like john.blockchain.Once associated with your Blockchain.com Wallet, any crypto sent to your .blockchain domain will be received in the appropriate Private Key Wallet.Why should you use a .blockchain domain?By using an easy-to-remember .blockchain domain, you reduce the chances of your crypto being sent to the wrong address.Plus, claiming it is easy, free, and your .blockchain domain is yours for life.How to claim your free .blockchain domainStarting today, you can <a href="https://www.blockchain.com/waitlist/blockchain-domain">join the waitlist</a> to be one of the first Blockchain.com Wallet users to claim your free .blockchain domain.Over the coming weeks, we’ll be rolling out the ability to claim your free domain directly in the Blockchain.com Wallet app–starting with iOS.So <a href="https://www.blockchain.com/waitlist/blockchain-domain">sign up</a> and we’ll let you know when it’s your turn to claim your domain!About Unstoppable DomainsFounded in 2018, <a href="https://unstoppabledomains.com/">Unstoppable Domains</a> is an NFT domain name provider and digital identity platform working to onboard the world onto Web3. Unstoppable Domains offers NFT domains minted on the blockchain that give people full ownership and control of their digital identity, with no renewal fees. With Unstoppable Domains, people can replace lengthy alphanumeric crypto wallet addresses with a human-readable name and log into and transact with more than 200 apps, wallets, exchanges and marketplaces. The company was named by Forbes as one of America’s Best Startup Employers in 2022.IMPORTANT NOTE:Crypto is a high-risk investment. The value of crypto can fluctuate and investors may lose the capital they invest.Digital currencies are not bank deposits, are not legal tender, are not backed by the government, and accounts and value balances. Blockchain.com’s products and services are not subject to the US Federal Deposit Insurance Corporation or Securities Investor Protection Corporation, or any other non-US governmental or government-backed protections. Legislative and regulatory changes or actions in any jurisdiction in which Blockchain.com’s customers are located may adversely affect the use, transfer, exchange, and value of digital currencies.<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=be670306f345" width="1" height="1" alt=""><hr><a href="https://medium.com/blockchain/introducing-blockchain-domains-be670306f345">Introducing .blockchain domains</a> was originally published in <a href="https://medium.com/blockchain">@blockchain</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.

Introducing .blockchain domains

A couple of weeks ago, we announced support for all Unstoppable Domains’ top level domain endings in the Blockchain.com Wallet, including .crypto, .zil, .x, .nft, .wallet, .coin, .bitcoin, .dao, and .888.
Today we’re excited to partner with Unstoppable Domains to introduce a brand new set of domains to their line-up: .blockchain domains. In doing so, Blockchain.com is the first company to have a branded top level domain with Unstoppable Domains.
Starting now, you can buy your personalized .blockchain domain on the Unstoppable Domains website. What’s more, in the coming weeks we’ll be giving Blockchain.com Wallet users the opportunity to claim your very own .blockchain domain for free that will be associated with your Blockchain.com Wallet.
What is a .blockchain domain?
https://medium.com/media/81b7a98a4817ee6e5749a04c99d34cae/href
Similar to an email address, a .blockchain domain is an easy-to-remember address for sending and receiving crypto.
Instead of having to copy-and-paste long complex wallet addresses like bc1qw508d6qejxtdg4y5r3zarvary0c5xw7kv8f3t4, you can simply type in an easy-to-remember domain like john.blockchain.
Once associated with your Blockchain.com Wallet, any crypto sent to your .blockchain domain will be received in the appropriate Private Key Wallet.
Why should you use a .blockchain domain?
By using an easy-to-remember .blockchain domain, you reduce the chances of your crypto being sent to the wrong address.
Plus, claiming it is easy, free, and your .blockchain domain is yours for life.
How to claim your free .blockchain domain
Starting today, you can join the waitlist to be one of the first Blockchain.com Wallet users to claim your free .blockchain domain.
Over the coming weeks, we’ll be rolling out the ability to claim your free domain directly in the Blockchain.com Wallet app–starting with iOS.
So sign up and we’ll let you know when it’s your turn to claim your domain!
About Unstoppable Domains
Founded in 2018, Unstoppable Domains is an NFT domain name provider and digital identity platform working to onboard the world onto Web3. Unstoppable Domains offers NFT domains minted on the blockchain that give people full ownership and control of their digital identity, with no renewal fees. With Unstoppable Domains, people can replace lengthy alphanumeric crypto wallet addresses with a human-readable name and log into and transact with more than 200 apps, wallets, exchanges and marketplaces. The company was named by Forbes as one of America’s Best Startup Employers in 2022.
IMPORTANT NOTE:
Crypto is a high-risk investment. The value of crypto can fluctuate and investors may lose the capital they invest.
Digital currencies are not bank deposits, are not legal tender, are not backed by the government, and accounts and value balances. Blockchain.com’s products and services are not subject to the US Federal Deposit Insurance Corporation or Securities Investor Protection Corporation, or any other non-US governmental or government-backed protections. Legislative and regulatory changes or actions in any jurisdiction in which Blockchain.com’s customers are located may adversely affect the use, transfer, exchange, and value of digital currencies.

Introducing .blockchain domains was originally published in @blockchain on Medium, where people are continuing the conversation by highlighting and responding to this story.

Introducing .blockchain domains

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*jRdeXUUHB2kO6AQl" /></figure><a href="http://blockchain.com/static/pdf/LatAmsCryptoBoomArgentina.pdf">Spanish Version</a>Next on our tour through Latin America: Argentina.Internationally recognized for its diverse geography, travel and tourism make up a considerable amount to Argentina’s national economy.The arrival of cryptocurrency has offered an option for financial freedom and a safeguard against market volatility as the region faces structural inflation. <a href="https://www.lanacion.com.ar/economia/las-criptomonedas-son-una-alternativa-contra-la-inflacion-en-la-argentina-nid24042022/">It’s estimated around 17%</a> of Argentine citizens use cryptocurrencies.In this series segment, we visit shops that have adopted cryptocurrency as a means of payment and tour the city of Buenos Aires in search of new cryptocurrency ATMs.<h4>A safe haven of value</h4>Local clothing brand <a href="https://www.instagram.com/reneeoficial/">RENEÉ</a> was one of the first brands in Buenos Aires to accept cryptocurrency as a form of payment.With the slogan “In bitcoin we trust,” the brand encourages its community to join the crypto trend and try out this new payment method.<figure><img alt="" src="https://cdn-images-1.medium.com/max/501/0*TkxOjui9ibkJ0K0f" /></figure><figure><img alt="" src="https://cdn-images-1.medium.com/max/518/0*VWiNWspwwv02eBS-" /><figcaption><a href="https://www.instagram.com/reneeoficial/">RENEÉ</a> social network and payment system. Credit: Instagram</figcaption></figure><h4>The rise of cryptocurrency ATMs</h4>The first cryptocurrency ATM was installed inside a Walmart supermarket located in Villa Pueyrredón, Buenos Aires. The network had since quickly expanded with twelve crypto ATMs located across Buenos Aires, Santa Fe, Córdoba, and Mendoza, Argentina.<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*s1Tdpy5LG_B3mJdW" /><figcaption>Bitcoin ATM in the Paseo la Plaza car park — Av. Corrientes 1660, City of Buenos Aires Credit: Laura Foti</figcaption></figure><h4>New ways of enjoying sport</h4>As the excitement around NFTs grows, local sports stars are capitalizing on the technology’s potential. For example, Argentine footballer Leo Messi now has a collection of NFT fan tokens.“These NFTs are rare pieces of digital art that will exist forever on the blockchain and they will allow you to enter the <a href="https://www.instagram.com/explore/tags/messiverse/">#Messiverse</a>,” Messi <a href="https://www.instagram.com/p/CS2OcCesWxQ/?hl=en">posted on his Instagram account</a> in early August.<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*PiuC1gVRRB4CTpoY" /><figcaption>Leo Messi’s post on his <a href="https://www.instagram.com/leomessi/">official Instagram</a></figcaption></figure>Local heroes, such as Messi, using their platform to amplify NFT use cases have promoted excitement, growth, and trust around this new and emerging technology.What’s next for Argentina and cryptocurrency?The use of cryptocurrency in Argentina is still in its early days but is growing at an unprecedented rate.What’s certain is that the economic crisis in Argentina has been a catalyst for change and new technologies, such as cryptocurrency, are leading the way.<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=ad41318a5e3b" width="1" height="1" alt=""><hr><a href="https://medium.com/blockchain/latams-crypto-boom-argentina-ad41318a5e3b">LatAm’s Crypto Boom: Argentina</a> was originally published in <a href="https://medium.com/blockchain">@blockchain</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.

Spanish Version
Next on our tour through Latin America: Argentina.
Internationally recognized for its diverse geography, travel and tourism make up a considerable amount to Argentina’s national economy.
The arrival of cryptocurrency has offered an option for financial freedom and a safeguard against market volatility as the region faces structural inflation. It’s estimated around 17% of Argentine citizens use cryptocurrencies.
In this series segment, we visit shops that have adopted cryptocurrency as a means of payment and tour the city of Buenos Aires in search of new cryptocurrency ATMs.
A safe haven of value
Local clothing brand RENEÉ was one of the first brands in Buenos Aires to accept cryptocurrency as a form of payment.
With the slogan “In bitcoin we trust,” the brand encourages its community to join the crypto trend and try out this new payment method.
RENEÉ social network and payment system. Credit: Instagram
The rise of cryptocurrency ATMs
The first cryptocurrency ATM was installed inside a Walmart supermarket located in Villa Pueyrredón, Buenos Aires. The network had since quickly expanded with twelve crypto ATMs located across Buenos Aires, Santa Fe, Córdoba, and Mendoza, Argentina.
Bitcoin ATM in the Paseo la Plaza car park — Av. Corrientes 1660, City of Buenos Aires 
Credit: Laura Foti
New ways of enjoying sport
As the excitement around NFTs grows, local sports stars are capitalizing on the technology’s potential. For example, Argentine footballer Leo Messi now has a collection of NFT fan tokens.
“These NFTs are rare pieces of digital art that will exist forever on the blockchain and they will allow you to enter the #Messiverse,” Messi posted on his Instagram account in early August.
Leo Messi’s post on his official Instagram
Local heroes, such as Messi, using their platform to amplify NFT use cases have promoted excitement, growth, and trust around this new and emerging technology.
What’s next for Argentina and cryptocurrency?
The use of cryptocurrency in Argentina is still in its early days but is growing at an unprecedented rate.
What’s certain is that the economic crisis in Argentina has been a catalyst for change and new technologies, such as cryptocurrency, are leading the way.

LatAm’s Crypto Boom: Argentina was originally published in @blockchain on Medium, where people are continuing the conversation by highlighting and responding to this story.

LatAm’s Crypto Boom: Argentina

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*wITAY6lj-dVbXQxz9WULXQ.png" /></figure><h4>The world of crypto just got a lot easier to navigate</h4>Today we’re introducing a brand new Blockchain.com Explorer that features the most important information on the crypto ecosystem–all in one place.Before diving into what’s new, it’s worth taking a step back and revisiting how we got here.The History of the Blockchain.com ExplorerWhen we first introduced the Blockchain.com Explorer back in 2011, our goal was simple–provide an easy way to understand what’s happening in the crypto ecosystem, starting with Bitcoin.Our original Bitcoin Explorer solved this by surfacing information on mined blocks, transactions, and key statistics from the Bitcoin blockchain. It quickly became one of the most visited sites in crypto and a go-to source for analysts, traders, and enthusiasts alike.<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*Ba61kzwsi_EpPyR3UzIJtA.png" /><figcaption>The original Bitcoin Explorer circa October 2011.</figcaption></figure>Over the years, the crypto landscape has expanded significantly. And, with it, so has our offering.With the rise of new protocols and assets, we added new Explorers to support the growing ecosystem. This included the Ethereum Explorer (introduced in 2018) and Bitcoin Cash Explorer (introduced in 2019).<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*FG_MrnYEZ6jQ5RkGdXeuqQ.png" /><figcaption>The Ethereum Explorer was introduced in October 2018.</figcaption></figure>And as new use cases emerged, we continued to add more data and insights. In 2021, we introduced the NFT and DeFi Explorers to help users better understand and participate in these burgeoning ecosystems.<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*o5cF_Zd-sB3saTIibosyFw.png" /><figcaption>The NFT Explorer was introduced in November 2021.</figcaption></figure>With all this information now available at your fingertips (and certainly more to come), it was incredibly important for us to revisit our original goal and ensure we’re continuing to provide the easiest and most intuitive experience possible.The New Blockchain.com ExplorerThe new Blockchain.com Explorer is your home for crypto data and insights.<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*9pw4gZfBun_O-PzSJzQydw.png" /><figcaption>The New Blockchain.com Explorer–May 2022.</figcaption></figure><ul><li>Check the latest prices and market caps of top crypto assets</li><li>Analyze on-chain data to understand the current state and health of the blockchain</li><li>Discover top NFTs and collections that are on the rise</li><li>Keep tabs on the role crypto is playing in global issues, such as donations to Ukraine</li><li>And learn from the sharpest minds in crypto by tuning in to the Blockchain.com podcast</li></ul>Whether you’re an industry veteran or newcomer, the Blockchain.com Explorer is your lens into the world of crypto. And it just got a whole lot easier to navigate.This is just the first in a series of enhancements coming to the Blockchain.com Explorer, so be sure to watch this space. In the meantime, <a href="https://www.blockchain.com/explorer">check out the new Blockchain.com Explorer</a> today and let us know what you think!IMPORTANT NOTE:Crypto is a high-risk investment. The value of crypto can fluctuate and investors may lose the capital they invest.Digital currencies are not bank deposits, are not legal tender, are not backed by the government, and accounts and value balances. Blockchain.com’s products and services are not subject to the US Federal Deposit Insurance Corporation or Securities Investor Protection Corporation, or any other non-US governmental or government-backed protections. Legislative and regulatory changes or actions in any jurisdiction in which Blockchain.com’s customers are located may adversely affect the use, transfer, exchange, and value of digital currencies.<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=e08fad3af0d0" width="1" height="1" alt=""><hr><a href="https://medium.com/blockchain/the-new-blockchain-com-explorer-e08fad3af0d0">The New Blockchain.com Explorer</a> was originally published in <a href="https://medium.com/blockchain">@blockchain</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.

The world of crypto just got a lot easier to navigate
Today we’re introducing a brand new Blockchain.com Explorer that features the most important information on the crypto ecosystem–all in one place.
Before diving into what’s new, it’s worth taking a step back and revisiting how we got here.
The History of the Blockchain.com Explorer
When we first introduced the Blockchain.com Explorer back in 2011, our goal was simple–provide an easy way to understand what’s happening in the crypto ecosystem, starting with Bitcoin.
Our original Bitcoin Explorer solved this by surfacing information on mined blocks, transactions, and key statistics from the Bitcoin blockchain. It quickly became one of the most visited sites in crypto and a go-to source for analysts, traders, and enthusiasts alike.
The original Bitcoin Explorer circa October 2011.
Over the years, the crypto landscape has expanded significantly. And, with it, so has our offering.
With the rise of new protocols and assets, we added new Explorers to support the growing ecosystem. This included the Ethereum Explorer (introduced in 2018) and Bitcoin Cash Explorer (introduced in 2019).
The Ethereum Explorer was introduced in October 2018.
And as new use cases emerged, we continued to add more data and insights. In 2021, we introduced the NFT and DeFi Explorers to help users better understand and participate in these burgeoning ecosystems.
The NFT Explorer was introduced in November 2021.
With all this information now available at your fingertips (and certainly more to come), it was incredibly important for us to revisit our original goal and ensure we’re continuing to provide the easiest and most intuitive experience possible.
The New Blockchain.com Explorer
The new Blockchain.com Explorer is your home for crypto data and insights.
The New Blockchain.com Explorer–May 2022.
Check the latest prices and market caps of top crypto assets
Analyze on-chain data to understand the current state and health of the blockchain
Discover top NFTs and collections that are on the rise
Keep tabs on the role crypto is playing in global issues, such as donations to Ukraine
And learn from the sharpest minds in crypto by tuning in to the Blockchain.com podcast

Whether you’re an industry veteran or newcomer, the Blockchain.com Explorer is your lens into the world of crypto. And it just got a whole lot easier to navigate.
This is just the first in a series of enhancements coming to the Blockchain.com Explorer, so be sure to watch this space. In the meantime, check out the new Blockchain.com Explorer today and let us know what you think!
IMPORTANT NOTE:
Crypto is a high-risk investment. The value of crypto can fluctuate and investors may lose the capital they invest.
Digital currencies are not bank deposits, are not legal tender, are not backed by the government, and accounts and value balances. Blockchain.com’s products and services are not subject to the US Federal Deposit Insurance Corporation or Securities Investor Protection Corporation, or any other non-US governmental or government-backed protections. Legislative and regulatory changes or actions in any jurisdiction in which Blockchain.com’s customers are located may adversely affect the use, transfer, exchange, and value of digital currencies.

The New Blockchain.com Explorer was originally published in @blockchain on Medium, where people are continuing the conversation by highlighting and responding to this story.

The New Blockchain.com Explorer

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*3egYXpVpjPO4-u3M" /></figure>With interest rates rising in the United States and the world starting to emerge from COVID, financial conditions across the globe have tightened. Bitcoin and Ethereum are both down more than 50% from their all-time highs.The season of “up only,” #cryptotwitter’s favorite term for the bull market, has come to an end.So, what can you do when things go sideways or down for a bit?Here are five ideas that may help 👇<h4>1. Forget your peak net worth number</h4>Even though it’s difficult, try to avoid obsessing over the loan you could have paid off, the house you could have bought, or the riches you could have been swimming in.Chasing after this number will likely lead to poor decision-making.Instead, try journaling about what happened to your investment and what you might change in the future.<ul><li>Did you not take profits as you had planned?</li><li>Did you not leave enough cash on the sidelines for unexpected life events?</li><li>Were you listening to the wrong influencers?</li><li>Did you focus on a project’s hype instead of its fundamentals?</li><li>Did you not have a plan in the first place?</li></ul>Identifying these decisions can help you make better ones in the future. The first step is acknowledging the problem.<h4>2. Avoid revenge trading and FOMO</h4>If you’re down substantially from your portfolio highs, you’re likely not going to make it back on one trade.Yet, this doesn’t prevent people from revenge trading, trying to recover a loss from previous trades in a super short period––and often acting irrationally in the process.The key to avoiding this is position sizing, adjusting your trade size to fit your account balance. You’ll always risk a set percentage of your account on each trade, no matter how large or small your account is.For example, if you can risk 2% of your portfolio per trade, and have a $10,000 account, you’ll take a $200 position on each trade. If your account doubles or shrinks, so does your trade size.Position sizing is critical because it helps you stay in the game, even if you run into a string of losing trades..<h4>3. Consider dynamic dollar cost averaging</h4>Macro investor <a href="https://twitter.com/42macroDDale">Darius Dale</a> tells his audience to not only dollar cost average — investing a set amount weekly or monthly — but to dynamically dollar cost average.What does this mean?When the financial outlook is negative, you scale back your buying in favor of holding more cash. When the financial outlook improves, you increase the size of your purchase.To make the strategy even better, you can direct part of your monthly investment into a dollar-pegged stablecoin like USDC, USDT, or USDP and move them into a Blockchain.com Rewards Account to earn a competitive APY.<h4>4. Take risk off the table if you can’t sleep at night</h4>Yup, that’s the whole tip. <a href="https://emojipedia.org/index-pointing-up/#:~:text=Emoji%20Meaning,to%20Emoji%201.0%20in%202015.">☝️</a>The predictable thing about crypto is that it’s unpredictable. If that causes you to lose sleep, you may have too much at risk.And finally…<h4>5. Keep an open mind</h4>We’re still in the early innings of this technology.When the internet went mainstream, it was hard to imagine that companies like Facebook, Google, and Amazon would emerge.The same goes for Ethereum and Bitcoin today. We don’t know what amazing use cases will emerge or which projects will thrive.We know it hasn’t been easy out there. But the good news is that crypto has been through difficult times before.And that’s often when the best building happens. 🏗 ️Did we miss any tips? Let us know in the comments section.<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=c2a768a9edd7" width="1" height="1" alt=""><hr><a href="https://medium.com/blockchain/what-to-do-in-a-crypto-downturn-c2a768a9edd7">What To Do in a Crypto Downturn</a> was originally published in <a href="https://medium.com/blockchain">@blockchain</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.

With interest rates rising in the United States and the world starting to emerge from COVID, financial conditions across the globe have tightened. Bitcoin and Ethereum are both down more than 50% from their all-time highs.
The season of “up only,” #cryptotwitter’s favorite term for the bull market, has come to an end.
So, what can you do when things go sideways or down for a bit?
Here are five ideas that may help 👇
1. Forget your peak net worth number
Even though it’s difficult, try to avoid obsessing over the loan you could have paid off, the house you could have bought, or the riches you could have been swimming in.
Chasing after this number will likely lead to poor decision-making.
Instead, try journaling about what happened to your investment and what you might change in the future.

Did you not take profits as you had planned?
Did you not leave enough cash on the sidelines for unexpected life events?
Were you listening to the wrong influencers?
Did you focus on a project’s hype instead of its fundamentals?
Did you not have a plan in the first place?

Identifying these decisions can help you make better ones in the future. The first step is acknowledging the problem.
2. Avoid revenge trading and FOMO
If you’re down substantially from your portfolio highs, you’re likely not going to make it back on one trade.
Yet, this doesn’t prevent people from revenge trading, trying to recover a loss from previous trades in a super short period––and often acting irrationally in the process.
The key to avoiding this is position sizing, adjusting your trade size to fit your account balance. You’ll always risk a set percentage of your account on each trade, no matter how large or small your account is.
For example, if you can risk 2% of your portfolio per trade, and have a $10,000 account, you’ll take a $200 position on each trade. If your account doubles or shrinks, so does your trade size.
Position sizing is critical because it helps you stay in the game, even if you run into a string of losing trades..
3. Consider dynamic dollar cost averaging
Macro investor Darius Dale tells his audience to not only dollar cost average — investing a set amount weekly or monthly — but to dynamically dollar cost average.
What does this mean?
When the financial outlook is negative, you scale back your buying in favor of holding more cash. When the financial outlook improves, you increase the size of your purchase.
To make the strategy even better, you can direct part of your monthly investment into a dollar-pegged stablecoin like USDC, USDT, or USDP and move them into a Blockchain.com Rewards Account to earn a competitive APY.
4. Take risk off the table if you can’t sleep at night
Yup, that’s the whole tip. ☝️
The predictable thing about crypto is that it’s unpredictable. If that causes you to lose sleep, you may have too much at risk.
And finally…
5. Keep an open mind
We’re still in the early innings of this technology.
When the internet went mainstream, it was hard to imagine that companies like Facebook, Google, and Amazon would emerge.
The same goes for Ethereum and Bitcoin today. We don’t know what amazing use cases will emerge or which projects will thrive.
We know it hasn’t been easy out there. But the good news is that crypto has been through difficult times before.
And that’s often when the best building happens. 🏗 ️
Did we miss any tips? Let us know in the comments section.

What To Do in a Crypto Downturn was originally published in @blockchain on Medium, where people are continuing the conversation by highlighting and responding to this story.

What To Do in a Crypto Downturn

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*Kw7ykInpVm0WD-RozyICbQ.png" /></figure><a href="http://blockchain.com/static/pdf/LatAmsCryptoBoomMexico.pdf">Spanish translated version</a>The next installment in our LatAm’s Crypto Boom series takes us to Mexico.Home to thirty-five <a href="https://www.unesco.org/en">UNESCO</a> World Heritage Site listings, Mexico is a country rich in cultural history and diversity and shares international borders with the United States, Guatemala, and Belize.While Mexico ranks among the top 15 economies globally in size, remittance fees are among the highest in the world, creating a bottleneck for growth and poverty reform in the country.With regional adoption at an all-time high, cryptocurrency provides an opportunity to level the playing field and create a more financially inclusive Mexico.<h4>Investing in education</h4>Local academic and business leader <a href="https://es.cointelegraph.com/authors/eloisa-cadenas">Dr. Eloisa Cadenas</a> is a firm believer that education offers a gateway to equality.A lack of technical understanding in academia meant that in 2013, <a href="https://es.cointelegraph.com/authors/eloisa-cadenas">Dr. Cardenas</a> struggled to find a university professor who would support her Ph.D. proposal that explored the financial impact of companies accepting cryptocurrency as a form of payment.Only after years of searching, in 2015, did Eloisa finally find a professor under whom she could complete her Ph.D.<figure><img alt="" src="https://cdn-images-1.medium.com/max/720/0*X1D6hl-GvPy74lKx" /><figcaption>Dr. Eloisa Cadenas pictured outside her higher education building. Source: Dr. Eloisa Cadenas</figcaption></figure><blockquote>“I was determined not to let the same thing happen to someone else so I developed one of Mexico’s first university modules on cryptocurrency at <a href="https://www.unam.mx/">Universidad Nacional Autónoma de México</a>,” says Dr. Cadenas.</blockquote><blockquote>“More and more often, institutes and schools here in Mexico want to teach classes about cryptocurrency as they see the value that it brings to both businesses and individuals.”</blockquote><figure><img alt="" src="https://cdn-images-1.medium.com/max/960/0*ZVpVth-YOgXGjAFA" /><figcaption>Dr. Eloisa Cadenas pictured teaching at the <a href="https://www.unam.mx/">Universidad Nacional Autónoma de México</a> Source: Dr. Eloisa Cadenas</figcaption></figure>Dr. Cadenas has since gone on to help further education institutions all over Mexico to develop classes and programs about cryptocurrency.<h4>Fostering a sense of community</h4>Most crypto education communities have sprung up outside of classrooms.<blockquote>“Mexico city has always been a hub for crypto communities to network, collaborate, and educate,” explains crypto journalist and event organizer, Juan Galt.</blockquote><blockquote>“It’s almost its own society — the memes, the terminology. It comes as part of your life. It changes you and influences those around you. There is more brand recognition of crypto in Mexico than ever before. We’re at an all-time high in awareness right now,” adds Galt.</blockquote>According to the 2021 <a href="https://go.chainalysis.com/rs/503-FAP-074/images/Geography-of-Cryptocurrency-2021.pdf">Global Crypto Adoption Index</a>, Mexico is now within the top 50 countries in the world for regional crypto adoption.<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*BgfgGwzJDt8H74Qc" /><figcaption>Juan Galt hosts a YouTube channel dedicated to crypto education. Source: Juan Galt</figcaption></figure><h4>Working with regulators to create a new opportunity</h4>With rapidly increasing adoption comes a requirement for safeguarding, something that local entrepreneur José Rodríguez has been exploring since 2013.Coming from a traditional finance background, Rodríguez later transitioned into crypto and now runs Bitcoin ATM company, <a href="https://www.chainbytes.com/">ChainBytes</a>.<blockquote>“I started to meet with regulators back in 2014 and at the time, there were only some thousand cryptocurrency users in Mexico, not many at all,” Rodríguez said. “The Mexican Central Bank said that the market was too small to explore future opportunities.”</blockquote>Fast forward almost a decade, and you’ll even find in-office Mexican senators like Indira Kempis recognized for her progressive outlook toward digital assets.One of Rodríguez’s Bitcoin ATMs is even located by her office in the senate building in Mexico City.<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*gAX8k0IM0hC0qYsb" /><figcaption>Mexican Senator Indira Kempis pictured with José Rodríguez with an ATM located in the senate building in Mexico City. Source: @ IndiraKempis Twitter.</figcaption></figure>Earlier this year at the <a href="https://b.tc/conference/">Bitcoin 2022</a> conference in Miami, Kempis announced that Mexican officials had been researching ways to improve the use of Bitcoin in the country.While no official plans to make Bitcoin legal tender have been published just yet, the possibility of a central bank digital currency (CBDC) is currently being explored by Mexico’s federal government.With so much adoption on the horizon, Mexico’s crypto future looks bright.<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=9642e0efc405" width="1" height="1" alt=""><hr><a href="https://medium.com/blockchain/latams-crypto-boom-mexico-9642e0efc405">LatAm’s Crypto Boom: Mexico</a> was originally published in <a href="https://medium.com/blockchain">@blockchain</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.

Spanish translated version
The next installment in our LatAm’s Crypto Boom series takes us to Mexico.
Home to thirty-five UNESCO World Heritage Site listings, Mexico is a country rich in cultural history and diversity and shares international borders with the United States, Guatemala, and Belize.
While Mexico ranks among the top 15 economies globally in size, remittance fees are among the highest in the world, creating a bottleneck for growth and poverty reform in the country.
With regional adoption at an all-time high, cryptocurrency provides an opportunity to level the playing field and create a more financially inclusive Mexico.
Investing in education
Local academic and business leader Dr. Eloisa Cadenas is a firm believer that education offers a gateway to equality.
A lack of technical understanding in academia meant that in 2013, Dr. Cardenas struggled to find a university professor who would support her Ph.D. proposal that explored the financial impact of companies accepting cryptocurrency as a form of payment.
Only after years of searching, in 2015, did Eloisa finally find a professor under whom she could complete her Ph.D.
Dr. Eloisa Cadenas pictured outside her higher education building. Source: Dr. Eloisa Cadenas
“I was determined not to let the same thing happen to someone else so I developed one of Mexico’s first university modules on cryptocurrency at Universidad Nacional Autónoma de México,” says Dr. Cadenas.
“More and more often, institutes and schools here in Mexico want to teach classes about cryptocurrency as they see the value that it brings to both businesses and individuals.”
Dr. Eloisa Cadenas pictured teaching at the Universidad Nacional Autónoma de México Source: Dr. Eloisa Cadenas
Dr. Cadenas has since gone on to help further education institutions all over Mexico to develop classes and programs about cryptocurrency.
Fostering a sense of community
Most crypto education communities have sprung up outside of classrooms.
“Mexico city has always been a hub for crypto communities to network, collaborate, and educate,” explains crypto journalist and event organizer, Juan Galt.
“It’s almost its own society — the memes, the terminology. It comes as part of your life. It changes you and influences those around you. There is more brand recognition of crypto in Mexico than ever before. We’re at an all-time high in awareness right now,” adds Galt.
According to the 2021 Global Crypto Adoption Index, Mexico is now within the top 50 countries in the world for regional crypto adoption.
Juan Galt hosts a YouTube channel dedicated to crypto education. Source: Juan Galt
Working with regulators to create a new opportunity
With rapidly increasing adoption comes a requirement for safeguarding, something that local entrepreneur José Rodríguez has been exploring since 2013.
Coming from a traditional finance background, Rodríguez later transitioned into crypto and now runs Bitcoin ATM company, ChainBytes.
“I started to meet with regulators back in 2014 and at the time, there were only some thousand cryptocurrency users in Mexico, not many at all,” Rodríguez said. “The Mexican Central Bank said that the market was too small to explore future opportunities.”
Fast forward almost a decade, and you’ll even find in-office Mexican senators like Indira Kempis recognized for her progressive outlook toward digital assets.
One of Rodríguez’s Bitcoin ATMs is even located by her office in the senate building in Mexico City.
Mexican Senator Indira Kempis pictured with José Rodríguez with an ATM located in the senate building in Mexico City. Source: @ IndiraKempis Twitter.
Earlier this year at the Bitcoin 2022 conference in Miami, Kempis announced that Mexican officials had been researching ways to improve the use of Bitcoin in the country.
While no official plans to make Bitcoin legal tender have been published just yet, the possibility of a central bank digital currency (CBDC) is currently being explored by Mexico’s federal government.
With so much adoption on the horizon, Mexico’s crypto future looks bright.

LatAm’s Crypto Boom: Mexico was originally published in @blockchain on Medium, where people are continuing the conversation by highlighting and responding to this story.

LatAm’s Crypto Boom: Mexico

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*1LnuT_NHx7W8dsaQ96bPIQ.jpeg" /></figure>As our global business scales, we maintain a commitment to upholding the highest standards of compliance in every market we serve. Regulators across the world are thoughtfully discussing ways to protect consumers while supporting innovation in the industry. Nowhere is crypto regulation more robust and advanced than in Germany, where our team continues to grow.Sven Niederheide, the newest member of our German team, joins us as Head of Legal and Compliance and Money Laundering Reporting Officer (MLRO), and is based in Hamburg. With nearly 20 years of management experience in banking, payments, and fintech within Germany, the UK, and Europe, Sven specializes in helping to scale businesses through strategic banking and payments licensing. He has extensive experience working with regulators in Germany, Europe and the United States, handling crypto regulation, corporate and regulatory compliance, open banking, anti-money laundering, and more.A former Chief Compliance Officer for a number of German banks and financial services companies, Sven is no stranger to navigating complex regulatory landscapes. Most recently, Sven led compliance for neobank N26. He also built the compliance function from scratch at B2B fintech company Nufin, automotive financial services firm GMAC, as well as all of GE Capital’s businesses in Germany, Belgium, Netherlands, and Luxembourg. In his role as Chief Governance Officer for Hamburg Commercial Bank, Sven supported a turnaround from a state-owned entity to what has now become one of the most profitable private banks in Germany.The largest economy in Europe, Germany is led by a pro-blockchain government and boasts high crypto adoption rates. Sven will be instrumental in supporting our efforts to work alongside regulators and acquire the appropriate licenses in Europe and beyond. As we work to build the future of finance, we look forward to providing more access to crypto directly from the heart of Europe.<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=9dc4af84e043" width="1" height="1" alt=""><hr><a href="https://medium.com/blockchain/sven-niederheide-joins-blockchain-com-as-head-of-legal-and-compliance-for-germany-9dc4af84e043">Sven Niederheide joins Blockchain.com as Head of Legal and Compliance for Germany</a> was originally published in <a href="https://medium.com/blockchain">@blockchain</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.

As our global business scales, we maintain a commitment to upholding the highest standards of compliance in every market we serve. Regulators across the world are thoughtfully discussing ways to protect consumers while supporting innovation in the industry. Nowhere is crypto regulation more robust and advanced than in Germany, where our team continues to grow.
Sven Niederheide, the newest member of our German team, joins us as Head of Legal and Compliance and Money Laundering Reporting Officer (MLRO), and is based in Hamburg. With nearly 20 years of management experience in banking, payments, and fintech within Germany, the UK, and Europe, Sven specializes in helping to scale businesses through strategic banking and payments licensing. He has extensive experience working with regulators in Germany, Europe and the United States, handling crypto regulation, corporate and regulatory compliance, open banking, anti-money laundering, and more.
A former Chief Compliance Officer for a number of German banks and financial services companies, Sven is no stranger to navigating complex regulatory landscapes. Most recently, Sven led compliance for neobank N26. He also built the compliance function from scratch at B2B fintech company Nufin, automotive financial services firm GMAC, as well as all of GE Capital’s businesses in Germany, Belgium, Netherlands, and Luxembourg. In his role as Chief Governance Officer for Hamburg Commercial Bank, Sven supported a turnaround from a state-owned entity to what has now become one of the most profitable private banks in Germany.
The largest economy in Europe, Germany is led by a pro-blockchain government and boasts high crypto adoption rates. Sven will be instrumental in supporting our efforts to work alongside regulators and acquire the appropriate licenses in Europe and beyond. As we work to build the future of finance, we look forward to providing more access to crypto directly from the heart of Europe.

Sven Niederheide joins Blockchain.com as Head of Legal and Compliance for Germany was originally published in @blockchain on Medium, where people are continuing the conversation by highlighting and responding to this story.

Sven Niederheide joins Blockchain.com as Head of Legal and Compliance for Germany

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*pGo4U6NaptxQAO-I" /></figure>On June 9–12, thousands will descend on Austin, Texas for the return of <a href="https://www.coindesk.com/consensus2022/">Consensus 2022</a>, the world’s biggest and longest running crypto festival, and Blockchain.com is set to sponsor. Hosted by CoinDesk, the year’s most influential crypto and web3 festival will focus on the future of digital finance and its mainstream impact.At Blockchain.com, we’ve seen that mainstream impact firsthand. The number of unique wallets created on our platform grew by 70% in the last two years alone. Crypto transactions on our platform have now surpassed $1.2 trillion, totaling nearly a third of all Bitcoin network transactions since 2012.<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*8Hrasux3eJHiLnzO" /></figure>As crypto grows, industry events like Consensus become critical meeting places for industry experts, thought leaders, academics, and policymakers. Home to many tech giants and crypto miners alike, Austin serves as an ideal backdrop for luminaries to discuss and debate the future of money.Want to attend for free?Blockchain.com and CoinDesk are partnering up to give away two free tickets to the conference to two of our followers.It’s easy to participate:1. Follow us on Twitter2. Retweet and tag a friend you’d take with youThe ticket giveaway runs from May 4–11, and winners will be notified on May 12.Good luck!<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=3d1296979a2a" width="1" height="1" alt=""><hr><a href="https://medium.com/blockchain/blockchain-com-sponsors-consensus-2022-3d1296979a2a">Blockchain.com sponsors Consensus 2022</a> was originally published in <a href="https://medium.com/blockchain">@blockchain</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.

On June 9–12, thousands will descend on Austin, Texas for the return of Consensus 2022, the world’s biggest and longest running crypto festival, and Blockchain.com is set to sponsor. Hosted by CoinDesk, the year’s most influential crypto and web3 festival will focus on the future of digital finance and its mainstream impact.
At Blockchain.com, we’ve seen that mainstream impact firsthand. The number of unique wallets created on our platform grew by 70% in the last two years alone. Crypto transactions on our platform have now surpassed $1.2 trillion, totaling nearly a third of all Bitcoin network transactions since 2012.

As crypto grows, industry events like Consensus become critical meeting places for industry experts, thought leaders, academics, and policymakers. Home to many tech giants and crypto miners alike, Austin serves as an ideal backdrop for luminaries to discuss and debate the future of money.
Want to attend for free?
Blockchain.com and CoinDesk are partnering up to give away two free tickets to the conference to two of our followers.
It’s easy to participate:
1. Follow us on Twitter
2. Retweet and tag a friend you’d take with you
The ticket giveaway runs from May 4–11, and winners will be notified on May 12.
Good luck!

Blockchain.com sponsors Consensus 2022 was originally published in @blockchain on Medium, where people are continuing the conversation by highlighting and responding to this story.

Blockchain.com sponsors Consensus 2022

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*r3lunlUromOYpEHHW8ToYg.png" /></figure>As the largest cryptocurrency company in Latin America, Blockchain.com’s LatAm’s Crypto Boom blog series delves into ways countries across LatAm are utilizing cryptocurrency.Countries leverage cryptocurrency to thrive in conditions of heightened inflation and accelerate financial inclusion for over 200 million unbanked individuals across the region.First up in this series is Guatemala. Once the core of Mayan civilization, today Guatemala boasts a population of 18 million and is home to Central America’s largest city, Guatemala City.Despite having the largest economy in Central America, over 50% of the population are unbanked and the country’s income distribution ranks are among the most unequal in the world.We spoke with local crypto enthusiasts, business owners, and educators about the ways that cryptocurrency is being used to create new financial opportunities for Guatemalan citizens.<h4>Local innovators and entrepreneurs</h4>The crypto ecosystem is powered by innovation and Guatemalan tech start-up <a href="https://www.ibexmercado.com/">IBEX</a> has made its mark on the LatAm scene by developing a transactional solution for merchants to accept bitcoin payments.Across the border in El Salvador, <a href="https://www.ibexmercado.com/">IBEX</a> has already become the official bitcoin payment partner of Starbucks El Salvador and other clients including Dominos, Wendys, and KFC.<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*ivc4z1ZoUqJ-hu1h" /><figcaption>El Salvador bitcoin sticker in Starbucks Credit: Stephen Delorme</figcaption></figure>Based in Guatemala City, <a href="https://www.ibexmercado.com/">IBEX</a> Chief Technology Officer Rafa Cordon explains,<blockquote>“while our biggest Central American market is El Salvador, we also have a number of Guatemala-based clients, including the microbrewery <a href="https://www.cerveceriasanroque.com/">Cervecería San Roque</a>.”</blockquote><blockquote>“We believe there is a strong correlation between the development of financial markets and socioeconomic well-being.”</blockquote>IBEX has found a market that is eager to adopt new systems of payment. Juan José Urruela, co-founder of brewery <a href="https://www.cerveceriasanroque.com/">Cervecería San Roque</a>, shares that<blockquote>“accepting bitcoin as a business was a ‘no brainer.’ IBEX has helped us attract a younger customer base through accepting crypto. Our payment fees are significantly reduced compared to credit cards.”</blockquote><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*yTx3BNuVej5E5OXo" /><figcaption>Juan José Urruela, Co-Founder of Cervecería San Roque. Credit: Cervecería San Roque</figcaption></figure><h4>Cryptocurrency as an inclusive form of payment</h4>Digital nomad-focused hostel <a href="https://adrahostel.com/">Adra Hostel</a> in Antigua, the former Guatemalan capital and tourism hotspot, started accepting bitcoin as a form of payment after a community meet-up hosted in the hostel explored the topic of cryptocurrency.<a href="https://adrahostel.com/">Adra’s owners</a>, local husband and wife team Ricardo Ruiz and Jeaninne Ruata, were taken by what bitcoin could do for their employees. Ricardo explains,<blockquote>“for us, one of the major benefits of accepting bitcoin is the opportunity for our employees to have their own individual wallets to accept tips. The majority of our employees have family members in the United States.</blockquote><blockquote>Sending and receiving remittances through traditional methods of transfer is expensive. Using crypto offers a low-fee solution.”</blockquote><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*BKlsqr7zBIrRdWfi" /><figcaption>Jeaninne Ruata facilitating a bitcoin payment in Adra Hostel</figcaption></figure><h4>Promoting community and longevity in the tourism industry</h4>Guatemalan-American crypto meet-up host Rishi Bond lives in Lake Atitlan, where around 60–80% of the economy is driven by tourism while 74% of its inhabitants live in poverty, 34% of whom live in extreme poverty.<blockquote>“Most of the businesses at Lake Atitlan are unbanked and do not accept credit cards. If they do, banks are charging anywhere between 4.5–7% fees,” says Rishi.</blockquote><blockquote>“Guatemala also has a very closed banking system, so it’s not easy for tourists to spend money. ATM fees are so high and many vendors don’t accept card payments.”</blockquote><a href="https://twitter.com/PeterMcCormack/status/1395536503707770881?t=-CD2T5aalPHm_TMmS-yE3Q&amp;s=08">After Peter McCormack</a>, host of the podcast What Bitcoin Did came along to one of Rishi’s crypto meet-ups, Rishi and other crypto enthusiasts on the lake were inspired to develop a similar concept to El Salvador’s ‘Bitcoin Beach,’ <a href="https://twitter.com/bitcoinlake">a social program</a> that onboards local businesses to accept bitcoin as a form of payment.<figure><img alt="" src="https://cdn-images-1.medium.com/max/902/0*X1rBwUUOVL13qfzd" /><figcaption><a href="https://twitter.com/PeterMcCormack/status/1395536503707770881?t=-CD2T5aalPHm_TMmS-yE3Q&amp;s=08">A tweet from Peter McCormack at a Lake Atitlan cryptocurrency </a>meet-up.</figcaption></figure>Rishi explains,<blockquote>“I went to Bitcoin Beach a month after Peter’s visit and the team behind the initiative shared the first steps on how we could get started to develop our own Bitcoin Lake.</blockquote><blockquote>We now have 16 or 17 businesses onboarded here in San Marcos, Lake Atitlan, including Guatemala’s first street vendor to accept bitcoin.”</blockquote><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*wnd6eizsvwd4XIni" /><figcaption>Ernesto Ixcoy, Guatemala’s first street vendor to accept bitcoin through the Bitcoin lake project, San Marcos Lake Atitlan.</figcaption></figure><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*adxRkqKFdJnn6W17" /><figcaption>A Bitcoin ATM in San Marcos Lake Atitlan.</figcaption></figure><blockquote>“As part of the onboarding process, I educate businesses on what they need to do to either hold on to their crypto (hodl) or cash out using the bitcoin ATM that we have.</blockquote><blockquote>Everything that we offer is absolutely free for businesses and being able to give that gift to my people, to my Guatemalans, is something that I’m very passionate about.”</blockquote>While cryptocurrencies are not presently legal tender in Guatemala, associations such as the <a href="https://www.acucrip.com/">ACUCRIP (Central American Association of Cryptocurrency Users)</a> educate chambers and universities on the potential of cryptocurrency in a high inflationary environment and recently provided training to the Minister of Economics on blockchain technology — a promising step forward in the country’s future in crypto.We can’t wait to see what Guatemala does next.<a href="https://drive.google.com/file/d/1Mj7iFy5_rDMgUIDB2YdPTdnZz-UPVdS5/view?usp=sharing">Spanish version</a><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=d228e7291c65" width="1" height="1" alt=""><hr><a href="https://medium.com/blockchain/latams-crypto-boom-guatemala-d228e7291c65">LatAm’s Crypto Boom: Guatemala</a> was originally published in <a href="https://medium.com/blockchain">@blockchain</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.

As the largest cryptocurrency company in Latin America, Blockchain.com’s LatAm’s Crypto Boom blog series delves into ways countries across LatAm are utilizing cryptocurrency.
Countries leverage cryptocurrency to thrive in conditions of heightened inflation and accelerate financial inclusion for over 200 million unbanked individuals across the region.
First up in this series is Guatemala. Once the core of Mayan civilization, today Guatemala boasts a population of 18 million and is home to Central America’s largest city, Guatemala City.
Despite having the largest economy in Central America, over 50% of the population are unbanked and the country’s income distribution ranks are among the most unequal in the world.
We spoke with local crypto enthusiasts, business owners, and educators about the ways that cryptocurrency is being used to create new financial opportunities for Guatemalan citizens.
Local innovators and entrepreneurs
The crypto ecosystem is powered by innovation and Guatemalan tech start-up IBEX has made its mark on the LatAm scene by developing a transactional solution for merchants to accept bitcoin payments.
Across the border in El Salvador, IBEX has already become the official bitcoin payment partner of Starbucks El Salvador and other clients including Dominos, Wendys, and KFC.
El Salvador bitcoin sticker in Starbucks Credit: Stephen Delorme
Based in Guatemala City, IBEX Chief Technology Officer Rafa Cordon explains,
“while our biggest Central American market is El Salvador, we also have a number of Guatemala-based clients, including the microbrewery Cervecería San Roque.”
“We believe there is a strong correlation between the development of financial markets and socioeconomic well-being.”
IBEX has found a market that is eager to adopt new systems of payment. Juan José Urruela, co-founder of brewery Cervecería San Roque, shares that
“accepting bitcoin as a business was a ‘no brainer.’ IBEX has helped us attract a younger customer base through accepting crypto. Our payment fees are significantly reduced compared to credit cards.”
Juan José Urruela, Co-Founder of Cervecería San Roque. Credit: Cervecería San Roque
Cryptocurrency as an inclusive form of payment
Digital nomad-focused hostel Adra Hostel in Antigua, the former Guatemalan capital and tourism hotspot, started accepting bitcoin as a form of payment after a community meet-up hosted in the hostel explored the topic of cryptocurrency.
Adra’s owners, local husband and wife team Ricardo Ruiz and Jeaninne Ruata, were taken by what bitcoin could do for their employees. Ricardo explains,
“for us, one of the major benefits of accepting bitcoin is the opportunity for our employees to have their own individual wallets to accept tips. The majority of our employees have family members in the United States.
Sending and receiving remittances through traditional methods of transfer is expensive. Using crypto offers a low-fee solution.”
Jeaninne Ruata facilitating a bitcoin payment in Adra Hostel
Promoting community and longevity in the tourism industry
Guatemalan-American crypto meet-up host Rishi Bond lives in Lake Atitlan, where around 60–80% of the economy is driven by tourism while 74% of its inhabitants live in poverty, 34% of whom live in extreme poverty.
“Most of the businesses at Lake Atitlan are unbanked and do not accept credit cards. If they do, banks are charging anywhere between 4.5–7% fees,” says Rishi.
“Guatemala also has a very closed banking system, so it’s not easy for tourists to spend money. ATM fees are so high and many vendors don’t accept card payments.”
After Peter McCormack, host of the podcast What Bitcoin Did came along to one of Rishi’s crypto meet-ups, Rishi and other crypto enthusiasts on the lake were inspired to develop a similar concept to El Salvador’s ‘Bitcoin Beach,’ a social program that onboards local businesses to accept bitcoin as a form of payment.
A tweet from Peter McCormack at a Lake Atitlan cryptocurrency meet-up.
Rishi explains,
“I went to Bitcoin Beach a month after Peter’s visit and the team behind the initiative shared the first steps on how we could get started to develop our own Bitcoin Lake.
We now have 16 or 17 businesses onboarded here in San Marcos, Lake Atitlan, including Guatemala’s first street vendor to accept bitcoin.”
Ernesto Ixcoy, Guatemala’s first street vendor to accept bitcoin through the Bitcoin lake project, San Marcos Lake Atitlan.A Bitcoin ATM in San Marcos Lake Atitlan.
“As part of the onboarding process, I educate businesses on what they need to do to either hold on to their crypto (hodl) or cash out using the bitcoin ATM that we have.
Everything that we offer is absolutely free for businesses and being able to give that gift to my people, to my Guatemalans, is something that I’m very passionate about.”
While cryptocurrencies are not presently legal tender in Guatemala, associations such as the ACUCRIP (Central American Association of Cryptocurrency Users) educate chambers and universities on the potential of cryptocurrency in a high inflationary environment and recently provided training to the Minister of Economics on blockchain technology — a promising step forward in the country’s future in crypto.
We can’t wait to see what Guatemala does next.
Spanish version

LatAm’s Crypto Boom: Guatemala was originally published in @blockchain on Medium, where people are continuing the conversation by highlighting and responding to this story.

LatAm’s Crypto Boom: Guatemala

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*RAY1P5fbVFFhsosW8DVy-g.png" /></figure><a href="http://www.dappcamp.xyz">DappCamp</a> has partnered with Blockchain.com to provide scholarships for underrepresented minorities and women to help kick-start their careers in Web3.<a href="http://www.dappcamp.xyz">DappCamp</a> offers a 21-day cohort-based course for Web2 developers to make the shift from Web2 to Web3 by learning to architect, deploy and scale an app on Ethereum.The course offers hands-on experience taking a dapp from ideation to creation through a mix of self-study, live lectures, and office hours.With <a href="http://www.dappcamp.xyz">DappCamp</a>, students are split into teams based on their qualifications and experience, and each team is assigned a technical coach for their project.Technical coaches are available 24/7 to answer questions and you can also check out previous guest lectures on the YouTube channel <a href="https://www.youtube.com/channel/UCLRaOds9WfKUU8cRrF8gQZg">here</a>.After creating a sound foundation in Ethereum and building a dapp with a team in 21 days, <a href="http://www.dappcamp.xyz">DappCamp</a> further helps with getting placements by assisting with interview preparation and referrals.Alumni Kumar Nilay went on to work for <a href="https://prepo.io/">PrePo</a> (a decentralized trading platform that allows anyone, anywhere to gain access to any pre-public asset) after <a href="http://www.dappcamp.xyz">DappCamp</a>. Listen to Kumar’s experience <a href="https://twitter.com/iam_preethi/status/1514617282202202127">here</a>.Excitingly, DappCamp has partnered with Blockchain.com to provide scholarships for underrepresented minorities and women.If this sounds like an opportunity you may be interested in, please visit <a href="http://www.dappcamp.xyz/">www.dappcamp.xyz</a> for more information on the course and details on how to apply.Please note you should have some experience with coding before applying. Applications close 24th April, 2022.Take the leap of faith. It will be worth it!Apply today at <a href="http://www.dappcamp.xyz/">www.dappcamp.xyz</a>Please fill in the general application found on the website and when you are prompted “will you be applying for scholarship?” select “yes”.<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=7ec0bc08d2eb" width="1" height="1" alt=""><hr><a href="https://medium.com/blockchain/pivoting-from-web2-to-web3-by-preethi-kasireddy-of-dappcamp-7ec0bc08d2eb">Pivoting from Web2 to Web3 by Preethi Kasireddy of DappCamp</a> was originally published in <a href="https://medium.com/blockchain">@blockchain</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.

DappCamp has partnered with Blockchain.com to provide scholarships for underrepresented minorities and women to help kick-start their careers in Web3.
DappCamp offers a 21-day cohort-based course for Web2 developers to make the shift from Web2 to Web3 by learning to architect, deploy and scale an app on Ethereum.
The course offers hands-on experience taking a dapp from ideation to creation through a mix of self-study, live lectures, and office hours.
With DappCamp, students are split into teams based on their qualifications and experience, and each team is assigned a technical coach for their project.
Technical coaches are available 24/7 to answer questions and you can also check out previous guest lectures on the YouTube channel here.
After creating a sound foundation in Ethereum and building a dapp with a team in 21 days, DappCamp further helps with getting placements by assisting with interview preparation and referrals.
Alumni Kumar Nilay went on to work for PrePo (a decentralized trading platform that allows anyone, anywhere to gain access to any pre-public asset) after DappCamp. Listen to Kumar’s experience here.
Excitingly, DappCamp has partnered with Blockchain.com to provide scholarships for underrepresented minorities and women.
If this sounds like an opportunity you may be interested in, please visit www.dappcamp.xyz for more information on the course and details on how to apply.
Please note you should have some experience with coding before applying. Applications close 24th April, 2022.
Take the leap of faith. It will be worth it!
Apply today at www.dappcamp.xyz
Please fill in the general application found on the website and when you are prompted “will you be applying for scholarship?” select “yes”.

Pivoting from Web2 to Web3 by Preethi Kasireddy of DappCamp was originally published in @blockchain on Medium, where people are continuing the conversation by highlighting and responding to this story.

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