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Week of May 29, 2023

Weirdo's Weekly Update — 29 May, 2023

The team celebrates the launch of the Weirdo.rocks Academy and announces a new partner program, while covering the controversial Ledger Recover Program and recommending the Ellipal Titan as a more transparent alternative. After nine months in Southeast Asia, they return to Europe.

What are we working on?

The team celebrated the Weirdo.rocks Academy launch one week prior. They announced plans for a partner program, inviting community members to earn commissions by promoting their offerings.

Cryptos

The update discusses the controversial Ledger Recover Program, which allows users to store seed phrases online for recovery purposes. Concerns arose regarding potential security compromises from firmware update 2.2.1. The authors recommend alternatives like Trezor and Ellipal for their transparency and open-source approaches.

Recent data indicates approximately 425 million crypto owners existed globally as of December 2022, representing roughly 5% of the world's population. Despite this significant figure, the authors note that web3 adoption remains in early stages with substantial growth potential ahead.

Travel Update

After nine months in Southeast Asia, the team returned to Europe. Maja received a tattoo featuring "sabai sabai," a Thai phrase meaning contentment and relaxation. They look forward to reconnecting with family and exploring European cultures.

Currently Consuming

  • Podcast: Tim Ferriss Show episode featuring Seth Godin on meaning and attitude
  • Television: Tulsa King, featuring Sylvester Stallone as a mafia capo building a criminal enterprise in Oklahoma

Quotes to Consider

Two notable reflections are featured: Flora Rheta Schreiber's statement about readiness through action, and James Clear's Pareto Principle lifestyle framework covering relationships, priorities, learning, and stress management.

Tool of the Week

The Ellipal Titan hardware wallet is recommended for its security features and DApp integration, positioned to gain market share following Ledger's recent controversies.

Productivity Insight

The law of diminishing returns is explained using financial well-being as an example, noting that beyond approximately $75,000 annual income, additional money shows diminishing impact on happiness according to psychologist Daniel Kahneman.