Culture

Exodus is a cryptocurrency wallet that operates like other software. It’s user-friendly and gives people access to a wide variety of coins. It’s not as safe as a Trezor or Keepkey, but is a great wallet, especially because of its Exchange feature.

• Disclosure: I don’t sell Exodus or have any relationship with them.
• I’m the Gorilla Mindset guy, not your financial adviser. Nothing in this article is legal, tax, or investment advice.
• You can read my article and listen to my podcast on Bitcoin here.

How to use Exodus.

When you first install Exodus, you’ll be shown a 12-word recovery code. Store this in a safe place (or memorize it), as you’ll need it to recover your Exodus. You can recover your Exodus wallet in the event the device you have Exodus installed on is lost or stolen.

Then you’ll create a password, and you’re ready to sign in.

Once inside Exodus, you’ll find a lovely interface and have immediate access to your portfolio of coin’s as well as their market value.

Exodus offers most of the major altcoins.

You can your Exodus for Bitcoin, Bitcoin Cash, and altcoins like SALT, BAT, and Zcash.

How to receive Bitcoin on Exodus.

Go to the tab marked Wallet. You’ll see two buttons – one marked Sent and another Receive.

Click on Receive, and you’ll see your wallet address.

• 16a3asUjJw3HxZpDU9x6VSkvYPC3ag3daW is Cernovich’s Bitcoin Wallet address.

How to exchange cryptocurrency on Exodus.

The best feature of Exodus is that you can easily exchange cryptocurrencies using ShapeShift.

ShapeShift is a crypto currency exchange. Rather than trade dollars for Euros, you trade Bitcoin for altcoins.

Let’s say you want to diversify your cryto portfolio, or want to buy another coin for whatever reason.

Click on the Exchange tab, and you’ll see that you can trade one crypto for another. (Keep in mind these transactions have fees associated with them. Reckless crytpo newbies don’t factor in the fees shape shifting requires.)

• And while I’m not giving YOU legal advice, I personally treat each ShapeShift as a taxable event. That is, if I exchange Bitcoin for Zcash, then I’ve sold my Bitcoin and thus must pay the appropriate capital gains taxes.

 

Exodus now offers ZCash.

As with Bitcoin, you click on the Receive icon to get your Zcash wallet address. For example, Cernovich’s Zcash wallet is

• t1aXBEnaxnqYGxBNVjnTYjSMnaQXGj7FnM1

 

You can use ShapeShift to trade one altcoin for another, like Zcash.

 

Is Exodus’ Exchange feature more expensive than using ShapeShift Directly?

Some have noticed that Exodus’ Exchange feature has higher fees than on ShapeShift.

Before making an exchange, check the fees for yourself on ShapeShift.

Exodus v. Trezor or KeepKey

Bitcoin is like physical gold, if you lose it, it’s gone. People with substantial crypto assets keep them spread out over several devices to mitigate the loss of any one wallet.

The best hardware wallets are Trezor, KeepKey, and Ledger.

If you’re keeping large amounts of money on any wallet, you should keep it “sterile,” that is, only use the device for a crypto transaction, and always use a VPN.

A lot of people will send Bitcoin to Exodus, use the Exchange feature to buy another currency, and then send that currency back to a hardware wallet.

What happens if you lose your Exodus?

If someone guesses your password for Exodus, it’s game over. They can move all of your crypto within minutes.

If someone gets hold of your 12 word pass phrase, they can “recover” your Exodus wallet on their own device. (This is also true of hardware wallets. If someone gets your pass phrase, they can restore your wallet onto their own.)

If you lose the computer you use Exodus on, you can recover it using your 12 word pass phrase.

Hardware wallets aren’t for everyone. Like I said at the beginning of this article, the Exodus people aren’t anyone to me.

I personally use Exodus and think it’s a top-tier wallet, and is the best software wallet available today.

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“Recent court filings, both in federal and state court, have raised new allegations about his involvement in a wider sex trafficking ring,” the Miami Herald writes in its Motion to Intervene and unseal records in a case involving Jeffrey Epstein. The full motion is here, and Cernovich readers will find it interesting because it’s one of the free speech case I’m involved in.

Over a year ago, at great financial cost and risk to my safety, I sought to uncover records that could implicate Epstein and others in a sex-trafficking case. Sources within the national security community told me to never mention Epstein’s name again. “You did what you always do, which is to rush in, and you have no f-cking idea what you just got yourself into,” one source told me.

Now that the Herald is involved, I can talk about the case again.

The Herald writes in its motion:

For over three years, the Miami Herald has reported on and investigated Mr. Epstein and others who were involved in the sexual abuse of underage girls. Recent court filings, both in federal and state court, have raised new allegations about his involvement in a wider sextrafficking ring. The Miami Herald has covered, among other subjects, the initial investigation by the Palm Beach state attorney, the FBI and the U.S. Attorney’s Office, the negotiations between those law enforcement agencies and Mr. Epstein’s legal defense team, and the ultimate decision by the U.S. Attorney’s Office to sign a non-prosecution agreement that was negotiated in secret and sealed in return for a guilty plea to a lesser state crime. The deal, which was not revealed until well after it was signed and Mr. Epstein was sentenced, resulted in him serving 13 months of an 18-month sentence. He now lives in the U.S. Virgin Islands.

Specifically, Court transcripts in the Giuffre/Maxwell case make several references to Ms. Maxwell being the” madame” of Mr. Epstein’s sex-trafficking enterprise, and to witnesses who may be able to provide evidence of a wider, cross-border sex-trafficking ring.

Although the media unfairly maligns me as a conspiracy theorist, here are the facts.

I filed the first lawsuit for these records. The trial court denied my motion on flimsy grounds, and I appealed to the Second Circuit Court of Appeals.

The Reporters Committee for Freedom of the Press filed an amicus curiae (friend of the court) brief supporting my lawsuit:

Michael Cernovich sought access to certain sealed judicial records in Giuffre v. Maxwell, a defamation action in the Southern District of New York. The district court entered a standing order in the case permitting the parties to file documents under seal without first seeking judicial approval, resulting in the filing of the majority of the substantive papers in the case under seal, including the papers in support of an opposition to the Defendant’s motion for summary judgment. The amicus brief argues, among other things, that the district court’s order permitting the sealing is contrary to the First Amendment and common law presumptions of access, and there are no compelling or countervailing interests justifying sealing in this case.

I’m involved in litigation against a billionaire with the power to have me killed, and my legal arguments are supported by the Reporters Committee for Freedom of the Press, and now the Miami Herald is seeking the same records I sought.

As a preliminary matter, one of the main reasons for closure identified in the Court’s denial of the Cernovich Motion – the ongoing status of the litigation – is no longer relevant because the case has settled. Accordingly there is no more risk that the “release of contested confidential discovery materials could conceivably taint the jury pool.” (ECF No. 892, at 7.) Any weight given to the fact that, at the time of the denial of the Cernovich motion, the case was “mere weeks from assembling” trial, should be disregarded. The legal rights of the parties are now settled, and if the public’s interest in this matter was at all tempered in light of the on-going litigation, it is now renewed.

What’s the Gorilla Mindset lesson?

How many journalists in a career can say they broke a story that led to a Congressman resigning, and filed a lawsuit that was supported by the Reporters Committee for Freedom of the Press?

There’s no magic. I’m not special. I simply applied the principles of Gorilla Mindset, which you can buy here, to media and journalism.

P.S. This litigation is expensive.

If you want to support it, you may do so here.

 

I used to read a book or two a week. Old habits die hard, and I travel with books….which go unopened as I scroll Twitter. Does this sound familiar? You’re not alone:

Out for dinner with another writer, I said, “I think I’ve forgotten how to read.”

“Yes!” he replied, pointing his knife. “Everybody has.”

“No, really,” I said. “I mean I actually can’t do it any more.”

He nodded: “Nobody can read like they used to. But nobody wants to talk about it.”

Read, “I have forgotten how to read” by Michael Harris.

My creative apex was in 2015 – before I became big on social media. “It’s the dose that makes the poison,” the proverb goes, and there’s not a day I don’t think about leaving social media forever. We’re all sick of social media, and we can’t turn away.

(Bookmark Cernovich.com because this is where most of my new writing will appear.)

Speaking of being alone, I return to this 2010 essay, based on a speech given to West Point plebes:

We have a crisis of leadership in America because our overwhelming power and wealth, earned under earlier generations of leaders, made us complacent, and for too long we have been training leaders who only know how to keep the routine going. Who can answer questions, but don’t know how to ask them. Who can fulfill goals, but don’t know how to set them. Who think about how to get things done, but not whether they’re worth doing in the first place. What we have now are the greatest technocrats the world has ever seen, people who have been trained to be incredibly good at one specific thing, but who have no interest in anything beyond their area of exper­tise. What we don’t have are leaders.

What we don’t have, in other words, are thinkers. People who can think for themselves. People who can formulate a new direction: for the country, for a corporation or a college, for the Army—a new way of doing things, a new way of looking at things. People, in other words, with vision.

See, “Solitude and Leadership,” by William Deresiewicz.

Peter Thiel discusses America’s lack of vision in Zero to One:

In the 1950s, people welcomed big plans and asked whether they would work. Today a grand plan coming from a schoolteacher would be dismissed as crankery, and a long-range vision coming from anyone more powerful would be viewed as hubris.

Will Thiel lead a cultural revival in Los Angeles?

Billionaire investor Peter Thiel reportedly is fed with up with all the political antics in Silicon Valley. Thiel is relocating his home and personal investment firms to Los Angeles from San Francisco, the Wall Street Journal reported. Read more: WSJ: Tech Luminary Peter Thiel Parts Ways With Silicon Valley | Newsmax.com Important: Find Out Your True Retirement Date in Minutes Online! Go Here Now

Today’s music recommendation comes courtesy of NPR’s addictive “Tiny Desk Concert” series, and the featured group is The Crossrhodes.

Part gospel, part political protest, you’ll enjoy the beats with insightful lyrics:

“You got less influence on your kid than the average rapper
Got the nerve to walk around with your chest poked out
While your daughter is getting turned out
Your son is getting smoked out

 

Check back tomorrow for more articles, and every Sunday we’ll have a politics-free highlight reel for you.

P.S. Be sure to spend time with friends and family today.