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Sberbank to Join Russia’s Crypto Settlement Pilot This Fall, Executive Reveals

Sberbank to Join Russia’s Crypto Settlement Pilot This Fall, Executive RevealsSberbank, Russia’s largest financial institution, plans to join a cryptocurrency settlement pilot program this fall. The bank also aims to serve clients using digital rubles by 2025. Deputy Chairman Anatoly Popov supports regulatory efforts to legitimize cryptocurrencies for international payments and mining. He highlighted cryptocurrencies as effective payment methods, especially for small businesses, amid global […]

$200,000 Bitcoin ‘Doable’ in 2025 Courtesy of One Catalyst, Says Venture Capitalist Dan Tapiero

Meet the 13-year-old student selling sneakers for Bitcoin: The Agenda podcast

13-year-old Blake Cockram founded CryptoKicks last year, and now he is teaching sneakerheads in the U.K. about all things crypto.

Footwear has long been a critical element of culture and fashion worldwide. For some, shoes exist only to protect one’s feet from the elements; but for others, they are the most critical part of a wardrobe. Sneakers, in particular, have developed a cult following, with some ultra-rare pairs selling for tens of thousands of dollars. 

An entire industry has developed around sneaker culture, ranging from the shoe manufacturers and retailers themselves to the influencers who help drive the culture. And as Web3 becomes more mainstream, big sneaker brands like Nike are dipping their toes into nonfungible tokens (NFTs) and the metaverse, while play-to-earn projects like StepN have also experimented with tokenizing shoes.

One particularly active group is resellers, who purchase just released, high-demand shoes and resell them to eager buyers who missed out on the original drop. CryptoKicks, a United Kingdom-based shoe resale business founded by 13-year-old Blake Cockram, is taking this business model and adding a fresh Web3 spin to it — anyone who buys a pair of sneakers with crypto gets 10% off their order.

On Episode 22 of The Agenda, hosts Jonathan DeYoung and Ray Salmond chat with Blake to learn what it’s like being a teenage entrepreneur and how CryptoKicks’ crypto-centric business model is helping onboard new users into the blockchain space.

Onboarding newbies to crypto, one shoe at a time

“We accept crypto as a payment,” Blake explained. “You can pay in whatever you want, but we’ve got a thing going, and if you pay in crypto, you get 10% off any trainer.” According to the young entrepreneur, this proves an enticing offer for many, especially when in-demand sneakers on the secondary market can cost hundreds of dollars.

“People think, ‘Oh wow, that sounds quite good. May as well get some crypto and get some cheaper Jordans.’”

CryptoKicks accepts Bitcoin (BTC), Ether (ETH) and stablecoins like Tether (USDT). According to Blake, most customers who purchase sneakers with crypto are brand new to blockchain. “‘I’ve probably only had about one or two people who were already into crypto, but everyone else has kind of been new to it, and we’ve got them into it,” he told co-hosts Jonathan DeYoung and Ray Salmond. So, in addition to getting a pretty sweet discount, Blake’s customers also learn how cryptocurrencies like Bitcoin work and how to take greater control over their assets.

“We’ve walked a couple people through it, like download this app, make your wallet, that it might take 24 hours to confirm you, because it normally does. And you just tell them how to go through it. And a couple people have asked us, ‘What’s the best coin for me to pay you in? What would I make money off in the future?’ and stuff like that.”

The life of a 13-year-old crypto entrepreneur

Blake, himself, was orange-pilled by his older brother. “He’s into crypto a lot, and he’s like, ‘We could do something crazy here. ‘You start your company and put crypto in the name, and people are going to go crazy for it.’ And we’ve done it, and it’s worked out pretty good.”

At 13 years old, Blake is still in school, where the opinions of other students are mixed when it comes to crypto. “People ask me, like, ‘What is crypto?’ Because not many people actually know about it,” he explained. “And then you’ve got some people who do know about it, and they’re like, ‘It’s a good thing.’ But I’ve also got some people who are like, ‘Oh, I don’t believe in crypto. It’s a load of rubbish.’”

But Blake is doing his best to spread awareness among his classmates:

“I just say like, ‘I think crypto is good.’ Like it’s a new way of payment [that] not a lot of people know about. You can get money instant, and it’s like good fun as well, having a bit of crypto, sending it around, that stuff.”

To hear more from Blake’s conversation with The Agenda, including his insights on sneaker culture in the U.K. and his plans for his future, listen to the full episode on Cointelegraph’s Podcasts page, Apple Podcasts or Spotify. And don’t forget to check out Cointelegraph’s full lineup of other shows!

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This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

$200,000 Bitcoin ‘Doable’ in 2025 Courtesy of One Catalyst, Says Venture Capitalist Dan Tapiero

Kevin O’Leary Warns American Small Businesses Getting Crushed by Surging Rate Hikes and Inflation

Kevin O’Leary Warns American Small Businesses Getting Crushed by Surging Rate Hikes and Inflation

Investor and Shark Tank star Kevin O’Leary says that the Biden administration’s economic policies have neglected small businesses as rising inflation and interest rate hikes add to their pain. In a recent Fox News interview, O’Leary says that the CHIPS Act (Creating Helpful Incentives to Produce Semiconductors) and the Inflation Reduction Act (IRA), which President […]

The post Kevin O’Leary Warns American Small Businesses Getting Crushed by Surging Rate Hikes and Inflation appeared first on The Daily Hodl.

$200,000 Bitcoin ‘Doable’ in 2025 Courtesy of One Catalyst, Says Venture Capitalist Dan Tapiero

Kevin O’Leary Says American Small Businesses Getting Crushed by Surging Rate Hikes and Inflation

Kevin O’Leary Warns American Small Businesses Getting Crushed by Surging Rate Hikes and Inflation

Investor and Shark Tank star Kevin O’Leary says that the Biden administration’s economic policies have neglected small businesses as rising inflation and interest rate hikes add to their pain. In a recent Fox News interview, O’Leary says that the CHIPS Act (Creating Helpful Incentives to Produce Semiconductors) and the Inflation Reduction Act (IRA), which President […]

The post Kevin O’Leary Says American Small Businesses Getting Crushed by Surging Rate Hikes and Inflation appeared first on The Daily Hodl.

$200,000 Bitcoin ‘Doable’ in 2025 Courtesy of One Catalyst, Says Venture Capitalist Dan Tapiero

#WeAcceptCrypto

How and Why Crypto Supports Small Business

We have a huge admiration for small businesses because they play an essential role in both our economy and our culture.

Infused with the unique personalities and perspectives of both owners and patrons alike, small businesses are integral to shaping the identity of communities far and wide.

They’re also built from the ground up by people with a dream and a vision. And that’s something Coinbase will always get behind.

For us, that support looks like this: making crypto as easy to use as possible so more money can find its way into the hands of small business owners rather than large banks and corporations. Coinbase Commerce, for example, illustrates how switching from traditional finance to crypto can provide tangible benefits and additional profits to business owners. If a business uses the Coinbase-managed version of Commerce to accept USDC, it would only incur a 1% transaction fee on the sale, as opposed to the 2.5% — 3.5% charged by most credit cards. The business owner can then convert the USDC into US Dollars and withdraw to a bank account for free, or they can leave it in their Coinbase account to earn rewards.

At first glance, that may seem like a small savings, but on hundreds or thousands of transactions per week, it adds up to a lot of money. Money we think would be better spent by owners reinvesting in themselves and helping their businesses grow and thrive.

That’s why we’re launching “We Accept Crypto,” an effort to raise awareness of small businesses that accept cryptocurrency as a form of payment.

Whether you’re a small business owner or a small business shopper, show your support for your community by participating in #WeAcceptCrypto.

Here’s how it works:

If you own or work at a small business that accepts crypto payments:

  1. You can post on Instagram, Instagram Stories or Twitter with a picture of your business and tag it with #weacceptcrypto
  2. Coinbase may feature your business on one of our social media platforms
  3. Coinbase will send a link via DM to the first 1,000 businesses who post using the hashtag. Use the link to provide your shipping information and Coinbase will send you a complimentary window sticker for your business

If you shop at a small business who accepts crypto payments:

  1. You can post on Instagram, Instagram Stories or Twitter with a picture of you supporting a small business that takes crypto and tag it with #shopcrypto
  2. Coinbase may reshare your post on one of our social media platforms
  3. Coinbase will send a link via DM to the first 1,000 shoppers who post using the hashtag. Use the link to provide your shipping information and Coinbase will send you a complimentary tote bag

Additionally, small businesses can right click + save our official “We Accept Crypto” badge below for free and add it to their websites or social channels, to show the world that it accepts crypto. Send us a screenshot if you do!

Terms and Conditions

Gift recipients must be based in the United States. Gift recipients must reply to their DM from Coinbase with their shipping information by midnight Pacific time on 11/30/21. Limit one gift per person and while supplies last.


#WeAcceptCrypto was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.

$200,000 Bitcoin ‘Doable’ in 2025 Courtesy of One Catalyst, Says Venture Capitalist Dan Tapiero