My crypto home screen as of July 2021.

Bees Balm is fully in bloom.

Couple of pork butts rubbed and ready for the sous vide! After 24 hours in the water each they will finish on the Big Green Egg for the weekend. π₯
Nice night for some youth soccer! Go Lancers! β½οΈ

Look up. π

Seventeen cheeseburgers? No problem on the flat top!
π π π π π π
π π π π π π
π π π π π

Rained most of the day today so I was able to finish the Saturn V LEGO build. For sure my favorite LEGO I have done. The size is impressive! π
Youβre never too old to go play in the rain. βοΈ

The Saturn V LEGO build might be my favorite LEGO yet. The way that it comes together is delightful.

I love the look of native tall grasses. Plus they provide great support for birds and other animals.
Our garden has taken off with enthusiasm! Strawberries sending shoots. Ears of corn starting. Zucchini overload. Tomato plants flourishing. Blueberries are only thing struggling a bit.
Crypto Allocation (June 2021)
Time for another Crypto Allocation update. The last two months have seen a huge draw down in all crypto markets. Here is NYDIG Market Update on June 23, 2021 to put it into context.
The current market drawdown, the peak to trough decline, currently ranks as one of bitcoinβs toughest periods. The current decline of 55.6% is the fifth most severe, following big rallies and subsequent drawdowns in 2011, 2013 (which had two), and 2017.
So needless to say all crypto assets are down substantially in that period. Here is how my allocation looks as of today, with notes below. I’ve added some footnotes. Tokens that have no notes are ones that I have made an active decision to hold some invested amount in. Others are either included in my basket, or are tokens I hold for some utility.

* Indicates tokens that Coinbase makes a market in with a $10B market cap.
** Indicates a token that does not meet one of my criteria, meaning it is either less than $10B in market cap or is not traded on Coinbase, however I have purchased it for some other purpose.
Notes:
- Polygon: I got into Polygon with OpenSea’s announcement that they were adding it as an alternative blockchain to Ethereum for NFT sales. Polygon is a Level 2 chain with substantially lower costs, and has the very powerful benefit that you can transfer NFTs from Polygon’s Layer 2 chain to the Layer 1 Ethereum chain. Iβm intrigued by the model of Ethereum as a core blockchain and specialized Layer 2 chains connected to it, and allowing fluid movement of tokens between them all.
- Solana: Solana is an incredibly performant blockchain built on Rust. It support smart contracts and you can even write them in Rust. Solana does not meet my market cap requirement however I bought my minimum to get early exposure to it and to get my wallet setup and play with it.
- Uniswap: Powerful solution to swap any token for any other token. Seems like a core component of the DeFi solution space. Meets the $10B market cap threshold.
- Polkadot: Newly listed on Coinbase and meets the $10B market cap threshold. Facilitates cross blockchain movement of tokens and data.
- ICP: Newly listed on Coinbase and met $10B threshold so added to basket. Promises to offer an amazingly performant blockchain with very good features. Worse performing token I’ve had now dropping 90%.
- Zcash: Zcash is super interesting to me because it supports multiple types of addresses including a shielded address that is more private. Zcash is one of the few that overs private transfers on its blockchain. Zcash does not meet the $10B market cap requirement.
- Tezos: I purchased Tezos just so I could buy some NFT at the REM5 for Good event.
- Bitclout: I’ve setup a profile on Bitclout, and all profiles on Bitclout hold CLOUT tokens. I also have one for the Weekly Thing. The whole ecosystem of creator coins and “diamonding” posts is pretty interesting. Bitclout can be purchased with Bitcoin, and you can sell Bitclout back to Bitcoin. The Bitclout blockchain is merge mined with Bitcoin. This does not meet the $10B market cap requirement, and it is also not traded on Coinbase.
- Basic Attention Token: BAT is the token that the Brave browser uses, and Iβm intrigued by Brave and what they are doing to I added it to my basket. This does not meet the $10B market cap requirement.
Also see April 2021 and March 2021 allocations, and my approach to crypto.
REM5 for Good: Simulacra Two
REM5 for Good ran a digital art event, Simulacra Two, and in addition to other options they offered NFTs of a number of items.
I missed the real event but found out about it before it was all done and picked up four NFTs.
They used Tezos for this and minted and sold the NFTs on H=N. I wasn’t setup for that at all so I bought some XTZ on Coinbase, setup a walled on Kukai, and was then able to grab these.
First MN United game since Oct 20, 2019! So awesome to be here with the chants, drums, and smoke! MN United leading Austin FC 2-0 at half. β½οΈ
19,209 total attendance!
Random Forecasts
We all try to predict the future. Particularly in business, sports, finance, etc. I like to recall a story that Larry Kramer, CEO of MarketWatch, shared with me a long time ago.
Larry had spent a lot of time in finance, but before that had a deep background in sports. Sports betting is a huge industry and people try to prove that they have the edge in picking the winner of any game. So, anyone that can prove that they are a good picker will get attention, or be able to sell their upcoming predictions. Larry shared one of the strategies that he had seen many times.
- Take a large group of people, let’s say 10,000. Send half of them a message that Team A will win the game this weekend. Send the other have a message that Team B will win the game this weekend.
- Whichever team wins, send a message to that group that you were right. Send no further messages to the group you got wrong.
- Repeat.
At the end of three cycles you have 1,250 people that have seen you perfectly predict the last three games. You must be a genius! Will they pay you to get your prediction for the next game? You must have an edge.
So what is the lesson? When someone seems like a fantastic forecaster, make sure you aren’t just one of the people in that third set of people!
We ended Fathers Day by watching RV. Loved it. Made me want to go on another long RV trip. π£πΏ

We walked through the Lyndale Park Rose Garden on our way around Lake Harriet today. The flowers were beautiful.
It was a fabulous Fatherβs Day 2021! Waffles with berries and whipped cream to start the day. Family walk around Lake Harriet. Visiting Family. Finished with dinner at Yum!
I am so lucky for these two kids, and my amazing wife Tammy who took the picture. π₯°

We watched Raya and the Last Dragon tonight. It was a fun movie, great animation, and a classic storyline. The five quests reminded us of Trolls World Tour, but with more complications. πΏ

Family supply chain overload as demand has dropped precipitously.
