S21: 21 on 21

21 questions for 21 giveaways

Breakfast with Blockchain

Recap

Welcome to Breakfast with blockchain series 21. the 21 on 21. 21 questions with 21 giveaways. before we dive into it let's do a recap of series one to twenty quickly, especially for those joining us for the first time, if i were you, i will take this recap seriously.

anyways Breakfast with Blockchain is the vantage point for technology, blockchain & cryptocurrency at large. we are a community that aim to teach and learn from ourselves especially about financial inclusion, investment, things that are trending, controversy, & portfolio in an unbiased way.

we kick start this community last year to help ourselves come together every saturday by 10am to discuss what is happening & talk about various topics in the tech space that captures our interest, i remember, the very first event started on clubhouse, it was a complete failure, then we moved to twitter space to leverage a platform that is generally used by majority. ever since its been consistency so much that we had our highest tune in of 507 persons on series 7, and we even forgot to record series 10.

we have covered alot of things, sometimes it looks like there is no topic to cover again, between series 1 and 20, we have talked about satoshi Nakamoto launching bitcoin in 2009, and the four years life cycle of rewarding miners with bitcoins known as Bitcoin halving, starting with 50 bitcoins as reward when it was launched to the next halving reward to be 3.125btc, in which when this event happens, it sparks up Bull Run which usually see the price of bitcoin & other crypto go up rapidly and significantly for an average of 8months before the market start cooling off.

one time, a particular audience asked if bitcoin can be taken over by bad actors, and we said that as long as bitcoin network nakamoto's coefficient of 51% is constant, the bad actor can't take over the blockchain and it gets more difficult for bad actors to take over the network as more transactions are completed and more people join the network.

We have also referenced how bitcoin network is unique from traditional banking system as it possess properties like transparency, decentralization and its distributed network allowing it to function without trusting a middleman. We also talked about Ethereum network been the first to introduce smart contract to the bitcoin technology concept which gave birth to many innovations like (NFTs) which is Non-fungible token that also birthed Ordinals which is the idea of minting NFTs on bitcoin network.

We have covered how crypto stand to be a threat to the existing global financial market and how different countries are rushing to create CBDC i.e Central Bank Digital Currency, we have looked at scenarios that even though the US Dollar is the current world reserve currency, the Chinese Yuan is already a threat to USD. because the solution of the westerners to solving problem is printing more money tied to nothing, infact, we had a hot series that we mentioned how US printed $300bn in one week to bailout the issues with silicon valley Bank to prevent customer from rushing to banks to collect their money due to panic and fear that a bank is insolvent or in trouble known as Bank run.

particularly in series 17; we mentioned that while the 3Ps of due diligence is People, Process & Performance, it is also important to know that custodian wallet is the form of wallet that will give you 100% control over your money. because the BRICS are coming i.e Brazil, Russia, India, China & South Africa are coming. and you need to be prepared as our guest mentioned in series 18 that 95% of beginner forest traders always lose money and chicken out. Crypto may be your only save haven overtime.

Rules of Engagement

we have two set of questions

1. open end question: 1 to 10; we have 10 open end questions, we will throw the questions to the you, the community, you will signify you want to answer the question, and we will bring you up, if you get the answer correctly, you will unlock win your $10, and unlock a question. earn prize is $10

2. unlock the question: 11 to 21; if you get any open end question correctly, then you can unlock a question. if your answer is wrong,

you have

1. 3 lines of option

   1. 2 by 2: i will provide you 2 options, you will choose the correct one, if you get it wrong, the question is destroyed.

   2. half & half: in half & half, you choose someone in the audience to answer the question for you. if the person get it right, you will both split your prize.

   3. throw to audience: in 15 secs, someone will be expected to answer the question from the audience, if the person get it right, you split your prize, if the person is wrong, we will leave the question open. and any other person can request to answer your question.

   Benefit: a person can answer an open line of option question first before continuing to unlock a question.

Questions

open end question

1. Where did the first Breakfast with Blockchain event take place? | Answer: Clubhouse | Twitter

2. 95% of beginner forex traders lose money and chicken out. what series was this statement made? prize is sirfitech booklet | Answer

3. which series have the highest tune in on breakfast with blockchain ? $10 | Answer: Series 7

4. which series was not recorded on breakfast with blockchain ? $10 | Answer: Series 11

5. what is CBDC? $10 | Answer: Central Bank Digital Currency

6. What is the current world reserve currency | Answer: USD | Chinese Yuan

7. Which currency is a threat to the current world reserve currency | Answer: Chinese Yuan | Russian Ruble

8. in Series 19: we said BRICS are coming, what is the full meaning of BRICS: | Answer: Brazil, Russia, India, China & South Africa | Blockchain, Robots, Intelligence, Coins & Strategy

9. What is the full meaning of NFTs? $10 | Answer: Non Fungible Token | Not formable token

10. Who invented Bitcoin? $10 | Answer: Satoshi Nakamoto | Satoshi Sacramentos

Unlock a question

1. in the next bitcoin halving, how many bitcoin will miner get as a reward? | Answer: 3.125 Btc | 6.25btc | Reward: Sensor lamp & a phone holder

2. as long as nakamoto coefficient is constant, bitcoin network cannot be hacked! what is nakamoto's coefficient for bitcoin network? | Answer is 51% lunch voucher | Reward: Branded Wireless Booklet

3. all crypto wallet comes in two forms, which one gives you 100% control over your money: | Answer Non-custodian wallet | custodian wallet | Reward: branded speaker & multihead cable

4. Bitcoin Halving happens in every _ years? how many years? | 4 |3 | Reward: Branded speaker & Multihead cable

5. When is the crypto market considered to be in Bull Run? | Answer Non-custodian wallet | Reward: branded digital bottle & multihead cable

6. in series 17, we mentions 3Ps of doing due diligence Answer: | Answer: people, process & performance | platform, personality, progress | Reward: Branded Booklet

7. the solution of the western world to financial crisis is to print more money that is tied to nothing, recently the USA printed money to bailout silicon valley bank, How much money was printed | Answer: $300Bn in one week | $150Bn in less than one week | Reward: lunch voucher & a branded cable

8. What is Bank Run? | Answer: customer rush to bank or platform to collect their money because of panic or fear that a bank is insolvent | when banks run away with money | Reward: Bamboo booklet

9. in the NFT space, a new trend is Ordinals and it is highly controversial. what is Ordinals | Answer: minting NFT on Bitcoin network | creating NFT for ordinary people | Reward: Branded speaker & a flash drive

10. Bitcoin is the future of money, it is a threat to tradition banking and govt can't stop, name 2 properties of bitcoin that make it unique | Answer: trustless, transparent, distributed network, decentralized, | a wizard created it, it is limitless, you need a wallet to access it. | Reward: one branded bamboo booklet & a pen

11. which network is the first to introduce smart contract to the technology that drives bitcoin | Answer: Ethereum network | USDT network. | Reward: Branded Speaker, multihead cable & flash drive 13,15,17

score card

Questions	Responder	Status	status
1	Tega of Sirfitech	$10 = N7,400	Nullified
2	Teeola	$10 = N7,400	Paid
3	Lanre	$10 = N7,400	Paid
4	Sirfimix	$10 = N7,400	Paid
5	Goga Great	$10 = N7,400	Paid
6	Dexfiat	$10 = N7,400	sustained
7	goga great	$10 = N7,400	Paid
8	Alice	$10 = N7,400	Paid
9	Daniel	$10 = 7,400	Paid
10	Adu	$10 = N7,400	Paid
11	Goga great	Sensor lamp & phone holder	Calabar (packed)
12	Sirfimix	Destroyed!
13	Lanre	share with olawale; (branded speaker & multihead cable)	Akure (packed)
14	Daniel	Branded speaker & multihead cable	Akure (packed)
15	Teola fx	branded digital bottle & multihead cable	Abuja (packed)
16	Goga Great	Branded Booklet	split with icon_art (Akure/Abuja)
17	Tega of Sirfitech	lunch & branded cable	Nullified
18	Daniel	Bamboo booklet	Akure (packed)
19	Dexfiat	flash&speaker	Collected
20	Adu	one branded booklet & a pen	Akure (packed)
21	Alice	Brand speaker, multihead cable, flash drive	Calabar (packed)

Conclusion

if you win something today, please dont forget to DM me your wallet and if you dont have a wallet just specify it in your message, we will send you a seed phrase of trust wallet and how to claim your money in it.

Thank you for participating in this series of breakfast with blockchain, next one is going to be very educative