How I burned $10,000
Meme coins are one of the parts of the crypto ecosystem that I have no interest in. They are pure speculation. I’m fine if folks want to do that, but it’s not my thing. I’ve never owned any Dogecoin. A little over a year ago when BONK launched as a Solana version of Dogecoin I didn’t pay any attention. 🪙
I received alerts of incoming transfers of BONK tokens into my Solana wallet. It turns out as an owner of Famous Fox NFTs I received special airdrops of BONK tokens. A lot actually. I was annoyed by the clutter and without thinking much about it burned 394,305,096 Bonk tokens that were cluttering up my wallet. 🔥
Well, as it turns out BONK has traded actively. My nearly 400M burned tokens were worth as little as $70 at the 1-year low of $0.0000001763… and $10,000 at current price the current price of $0.00002536. 😳
I guess “easy come, easy go” as they say. On the bright side I don’t have to bother with the tax treatment of the air drop. 🤷♂️
Posting this on leap day means I’ll only revisit this mistake once every four years in my On This Day page.
Reviewing my On This Day page today made me do a double take — so few posts. Then I remembered it is leap day, and February 29, 2024 is only the 6th leap day since my blog was started. 😁
POAP 7025662 at TechConnect 2024 - AI Challenge.
POAP 7025255 at SPS TechConnect 2024.
On Artist Point in Grand Marais in pre-dawn light to catch the sunrise.
Lake Superior, Grand Marais.
First time winter hiking today with these hiking crampons. Amazing stability and still easy to walk on.
Suggestion from Bryan Hansel to find your photography style — go through your photos for the year and pick your favorite single one from each month. Not your best, or most liked. Your favorite! Look at those twelve photos and reflect on what the common threads are between them all.
Ice Climbers along the Cascade River.
How is it possible that I’m just now discovering how amazing Swedish Cream is. Wow.