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Select Coinbase Members: Earn $3 in MINA Cryptocurrency w/ Tutorial Quiz Expired

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(While Supplies Last)
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Coinbase is offering select Coinbase Members: $3 in MINA Cryptocurrency for Free when you login to your account and start the course/tutorial provided and answer (3) questions/quiz.

Thanks to community member(s) ShawnAndGus & Honest-IJM for finding this deal

Note, offer may not be available to all Coinbase Members, however, please check to see if you qualify.

You will receive $1 (in the form of MINA cryptocurrency) for each answer you receive correct automatically added to your account. You will also receive an email to confirm this

Some Q&A may include
  • What is MINA?
    • A lightweight blockchain that remains around 22kb even as it scales
  • What are zkApps?
    • Privacy preserving decentralized applications
  • What role does the MINA token play in the Mina blockchain?
    • It's used for transaction fees, block rewards, and purchasing proofs in the Snarketplace.
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Original Post

Written by
Edited May 25, 2022 at 08:06 PM by
Learn and earn on coinbase to earn $3 of MINA

https://www.coinbase.com/earn
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Thanks OP!

Q & A:
What is MINA?

A lightweight blockchain that remains around 22kb even as it scales

What are zkApps?

Privacy preserving decentralized applications

What role does the MINA token play in the Mina blockchain?

It's used for transaction fees, block rewards, and purchasing proofs in the Snarketplace.
·
Crypto held on Coinbase is considered an asset of the company and is not owned by the user. Less than two weeks ago the CEO said, essentially, "if we go bankrupt, you don't get your crypto back".

https://nypost.com/2022/05/11/coi...-bankrupt/

This is pertinent because Crypto has largely tanked, and so has Coinbase stock, which is down 82% off it's high.
Their fees are also ludicrous.
·
It's true that most people buying crypto now are not doing so for illegal purposes, but not that many people are making money. 40% of people who have ever bought crypto are currently in the red.

https://www.fxstreet.com/cryptocu...2205111451

It's also true that huge percentage of the market is explicitly speculative investing at best, and scams or fraud at worst.
·

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Joined Sep 2016
yeet
> bubble2 574 Posts
225 Reputation
Firenova
05-26-2022 at 10:31 AM.
05-26-2022 at 10:31 AM.
Quote from Develop_Ment :
Most people investing in this BS are in the red.
Anyone who purchased bitcoin prior to Fall-Winter 2020 is in the green. Anyone who bought during the 2017 run up has nearly doubled their investment and had a chance to sell for 3-4x during 2021.

You don't have to support crypto but saying it's BS because people who bought the top have lost money os ignorant and logically inept. Mainstream media outlets recommended buying Netflix at $600+ in January 2022. Is Netflix BS? Is listening to the news BS? Those people are down 80% in 6mo. Losing money investing is in no way unique to crypto assets.
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Joined Dec 2010
L2: Beginner
> bubble2 76 Posts
18 Reputation
chabala
05-26-2022 at 11:40 AM.
05-26-2022 at 11:40 AM.
I did this once, got approximately $1 USD each of three different shitcoins.

Then at tax time coinbase wanted me to claim $6 of income for the trash, and it wasn't even worth $3 any more.
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Joined Aug 2019
Professional Annoyance
> bubble2 432 Posts
82 Reputation
bad_SAM
05-26-2022 at 02:31 PM.
05-26-2022 at 02:31 PM.
Quote from PoopyMcPoopyFace :
A scam, just like every crypto. Perfect for?
1. Buying something illegal online. What's your poison? Drugs? Guns? Kiddie porn?
2. Scamming some other sucker who gets into the pyramid scheme later than you.

A solution looking for a problem? No. A scam looking for a sucker.
Anonymously purchasing items for illegal purposes? Yep, sounds like untraceable paper money.
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Joined Jul 2017
Guzzardo
> bubble2 1,751 Posts
222 Reputation
fintlewoodlewix
05-26-2022 at 03:10 PM.
05-26-2022 at 03:10 PM.
Quote from bad_SAM :
Anonymously purchasing items for illegal purposes? Yep, sounds like untraceable paper money.
Paper money has the backing of the government and people of a nation. Cryptocurrency has nothing of the sort. Cryptocurrency is also not anonymous, essentially by definition, because of the public ledger. Efforts can be made to hide the buyer and seller, but those efforts have been pierced many times before. My dollar bill doesn't keep track of every transaction it went through, but your cryptocurrency does.

All crypto gets its value from the fact that some people will convert it into real money. Nobody is going to say, "Well, I know that Terra Classic is now worth $0.0001368 on the exchanges, but I don't care about that. It was .06 for a burger a month ago, so it's .06 for a burger today." The value is ONLY what people will take for the currency. Even if the dollar crashes, I at least can pay my taxes and debts in those same dollars.
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Joined Feb 2007
L4: Apprentice
> bubble2 390 Posts
120 Reputation
TheCBB
05-26-2022 at 05:24 PM.
05-26-2022 at 05:24 PM.
I lot of people in here telling me they are 90 years old without telling me they are 90 years old. Don't worry...we'll stay off your lawn.
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Joined Feb 2014
L1000: Blue Double Dragon
> bubble2 562 Posts
54 Reputation
WOLFBEAR
05-27-2022 at 09:01 AM.
05-27-2022 at 09:01 AM.
Quote from TheCBB :
I lot of people in here telling me they are 90 years old without telling me they are 90 years old. Don't worry...we'll stay off your lawn.

At least they have a lawn for you to stay off
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Joined Mar 2019
dot matrix with stereo so
> bubble2 233 Posts
42 Reputation
dcccc
05-27-2022 at 09:07 AM.
05-27-2022 at 09:07 AM.
You'll have to list this as crypto income on your taxes. That will knock you out of the free/cheap tier if you use TurboTax or H&R Block. Just an FYI.
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Joined Jun 2013
L6: Expert
> bubble2 1,779 Posts
203 Reputation
koge811
05-28-2022 at 01:29 PM.
05-28-2022 at 01:29 PM.
none here gg coinbase it means we divorcing I only joined you for the free crypto since you excluded me bye coinbase.
start losing users
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Joined May 2013
L6: Expert
> bubble2 1,309 Posts
744 Reputation
Expert
This user is an Expert in Tech & Electronics
Numus19
05-28-2022 at 05:55 PM.
05-28-2022 at 05:55 PM.
Quote from cdddddd :
You'll have to list this as crypto income on your taxes. That will knock you out of the free/cheap tier if you use TurboTax or H&R Block. Just an FYI.

Right now you only have to declare crypto sales on your taxes (transfer of crypto to USD).
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Joined Mar 2019
dot matrix with stereo so
> bubble2 233 Posts
42 Reputation
dcccc
05-28-2022 at 05:58 PM.
05-28-2022 at 05:58 PM.
Quote from Numus19 :
Right now you only have to declare crypto sales on your taxes (transfer of crypto to USD).

Okay true. If you sell this, even if it's a few bucks, you'll have to declare it (and, frustratingly, will need to upgrade to premium on those two tax services. Incidentally I recommend FreeTaxUSA instead, for this reason)
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Joined May 2013
L6: Expert
> bubble2 1,309 Posts
744 Reputation
Expert
This user is an Expert in Tech & Electronics
Numus19
05-28-2022 at 05:59 PM.
05-28-2022 at 05:59 PM.
Quote from cdddddd :
Okay true. If you sell this, even if it's a few bucks, you'll have to declare it (and, frustratingly, will need to upgrade to premium on those two tax services. Incidentally I recommend FreeTaxUSA instead, for this reason)

Shit I haven't been able to use a free tax solution for years Frown
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Joined Sep 2005
Bye. Too much spam.
> bubble2 14,417 Posts
HapShaughnessy
05-29-2022 at 07:14 AM.
05-29-2022 at 07:14 AM.
Quote from SnowJunkie21 :
Back when these started I had around $40~ now it's looking more like $22~

If you have done any of the learn and earn now is the time! Learn low, sell high.
Ditto. It's too bad Madoff died. I'd cash out and invest it with him. Sure, they're both Ponzi schemes, but he didn't speed up the end of life on Earth.

Read: major sarcasm.
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Last edited by MrSkeptic May 29, 2022 at 07:16 AM.
Joined Nov 2010
L7: Teacher
> bubble2 2,301 Posts
231 Reputation
smartt
05-29-2022 at 01:58 PM.
05-29-2022 at 01:58 PM.
These are literally every time a new coin is added to Coinbase.
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Joined Nov 2010
L7: Teacher
> bubble2 2,301 Posts
231 Reputation
smartt
05-29-2022 at 02:06 PM.
05-29-2022 at 02:06 PM.
Quote from PoopyMcPoopyFace :
A scam, just like every crypto. Perfect for?
1. Buying something illegal online. What's your poison? Drugs? Guns? Kiddie porn?
2. Scamming some other sucker who gets into the pyramid scheme later than you.

A solution looking for a problem? No. A scam looking for a sucker.
Man, you buy some highly questionable stuff with your crypto...
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Joined May 2019
L3: Novice
> bubble2 143 Posts
container
05-31-2022 at 11:50 AM.
05-31-2022 at 11:50 AM.
Quote from Firenova :
Is Netflix BS? Is listening to the news BS?
Yes...
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