Getting Paid in Bitcoin — VAULT Cryptocurrency Blockchain News #30

Week of October 31st — November 6th

There has been an interesting trend this week. Many famous celebrities and politicians are announcing that they are getting paid in Bitcoin.

One of the first to announce was Green Bay Packers quarterback Aaron Rodgers.

There were several key political elections this past week. It was interesting to see that the new mayor of New York City has elected to be paid in Bitcoin.

It was announced that he is not alone, as currently the mayors of 4 US cities are now getting at least a portion of their salary in Bitcoin.

This trend may spread quickly as the king of podcasts, Joe Rogan himself, has announced that he has been paid in Bitcoin recently. Will getting paid in Bitcoin become the new trendy thing to do?

El Salvador has already fully embraced Bitcoin. Will Brazil be next? There is now a proposal in that country to allow people to be paid in Bitcoin.

If you had the option, would you want your salary in Bitcoin? Inflation is just getting started. Fiat has plummeted in terms of buying power. Over the last 100 years, the loss of buying power of the US dollar is alarming.

Will we see a new trend? Will people start to demand to be paid in Bitcoin as the dollar continues to plummet? Stay tuned.

VAULT Crypto News This Week

Monk (MONK) Delisting Cancelled

We are pleased to announce that we will be continuing to provide hosting for Monk project and MONK coin. Holders of MONK coin on VAULT platform should start seeing rewards resume soon.

VAULT Investments provides a service to clients and is not responsible for projects listed or featured in its platform or ecosystem. Users should always DYOR.

VAULT Investments Team

MONK upgraded to the new collateral (12000), all masternodes restarted https://my.vault.investments/coins/monk/

New whitepaper is close to being released!

VAULT Coin’s Market Performance This Week

We finished out the week at $6.62, which is down from last week’s price of $6.77. We had a high of $7.18 on Tuesday, and our low for the week was $6.38 on Monday.

Source: Coingecko

We saw an average of $1,508.99 traded daily. This maintains us above the $1,000 daily level and is below last week’s number of $1,781.70.

VAULT coin trades on Hype Coin Exchange and SouthXchange, and we continue to see a majority of trading now occurring on SouthXchange.

The Minimum Guaranteed Price https://vaultility.vault.investments/ buy wall of 937.44 VAULT at 10,500 Satoshi or above was maintained on SouthXchange.

The current price average on all exchanges is 10,871 Satoshi (0.00010871 BTC).

In addition to the platform, products, use and demand, VAULT continues to benefit greatly from being tied to and backed by Bitcoin. This week BTC had a modest pullback of -2.2%.

Bitcoin (BTC) Update

Let’s look at the news this week and see if the tweet above is true.

Number 1: Do banks want your Bitcoin?

Australia always seems to be where things are tested out first. What are their banks doing?

Number 2: Do governments want your Bitcoin?

Number 3: Do influencers want your Bitcoin?

Number 4: Do scammers want your Bitcoin?

Number 5: Do news corporations want your Bitcoin?

So, a quick review of the headlines this week does confirm that there are a lot of entities that want your Bitcoin. Is HODLing your best option though?

What if you could earn ~24% APR on your Bitcoin? What if you had the choice of cashing out your daily interest earned or compounding your returns for even greater yield?

VAULT makes this dream a reality. Look into VAULT and learn how to increase your cryptocurrency holdings daily.

Cryptocurrency News This Week

Retail Investors Buying Shibu Inu Not Bitcoin

I’ll Trade You My Dog Coin For Your Dog Coin

Squid Game Kills

I’ll Have a Whopper With a Side of Dogecoin

Bitcoin is The Economy’s Canary in the Coal Mine

Edward Snowden Suspicious of Shibu Inu

Polkadot Poppin

Goldman Sachs is Bullish on Ethereum

Bitcoin Safe in Singapore

Bitcoin Schools in El Salvador

VAULT Crypto Portfolio Tracker

I wanted to give you a running tally of what you could potentially be earning with VAULT. The example I’m using is holding 1,000 VAULT with 0.1 BTC invested in the BTC% program (check it out here).

I wanted to show you what kind of returns you could be earning weekly and cumulatively.

1,000 VAULT with current ~24% ROI generated 4.76 VAULT blockchain rewards this week for a total of $1,153.42 VAULT over the past 31 weeks if you compounded your daily rewards with 100% reinvest on the VAULT platform. Total is now $1,153.42 VAULT. The total dollar value earned is $1,012.86 at VAULT’s current price of $6.62 (0.00010871 BTC). The total BTC value earned at VAULT’s current price is 0.0166.

Investing 0.1 BTC in the BTC% program earns you 11% APR, giving you a weekly return of 0.00021089 BTC. Over the last 31 weeks, this would be worth 0.006537 BTC with a current value of $398.21.

The current total value of your potential returns over the past 30 weeks would be $1,411.07 or 0.02313 BTC.

We Are Here to Help You DYOR (Do Your Own Research)

I hope this week’s update on Bitcoin and its growing use case has been helpful.

Thanks to all VAULT coin investors and hosting service customers for an amazing first 2 years and we look forward to many more to come!

Consider investing the VAULT way and enjoy a seamless crypto experience!

VAULTility: https://vaultility.vault.investments/

VAULT Platform: https://my.vault.investments/dashboard/

Lifetime Affiliates: https://affiliates.vault.investments/

VAULT Discord: https://discord.gg/BEDSGCs

VAULT Twitter: https://twitter.com/VaultInvest

VAULT Telegram: https://t.me/vaultinvestments

Forever Innovating: https://vault.freshdesk.com/support/solutions

This is not financial advice. VAULT Investments provides a service to its clients and is not responsible for projects listed or featured in its platform or ecosystem. The views and opinions in this update are my views alone and are not necessarily those of VAULT investments or its administration. Users should always DYOR. Invest at your own risk.

About the Author:

My Discord handle is Bobtilladhun.

I’m a long-term crypto investor. I bought my first Bitcoin in 2016 for $700. I sold 1/2 my BTC when the price doubled to satisfy my wife that I wasn’t going to lose all our money and made my initial investment back. Since that time, I have used my remaining Bitcoin stack to HODL and invest in interesting projects. I am a founding investor in VAULT and have accumulated a significant number of VAULT coins through holding my coins in CRYO and taking advantage of the compounding interest VAULT provides.

I was asked by Ian and the VAULT team to provide a weekly update on VAULT’s performance and current issues in cryptocurrency.

I hope these updates provide you with a quick overview of what is happening with VAULT and in the world of cryptocurrency.

Please contact me on Discord if you have any comments or suggestions.

Bobtilladhun#8522

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