Crypto and Blockchain Talk - Making You Smarter

The Ethereum Hard Fork is Delayed – But What does it all Mean? The core developers of Ethereum have called for a delay in the activation of Constantinople, just hours before the long-awaited hard fork was scheduled to go live for Ethereum, who are the third-largest cryptocurrency in the marketplace. The fork had been scheduled to go live at block 7080000 on January 16, but the last block processed by the network at the time of broadcast was 7075654. The reason they decided to postpone the hard fork was that security researchers identified a potential vulnerability in one of the software upgrades. They stated in a public release that security researchers, namely ChainSecurity and TrailOfBits, are running an analysis across the entire blockchain, and although they did not find any further cases of this vulnerability, there is still a non-zero risk that some contracts could be affected. And it is because the risk is non-zero,  a decision was reached to postpone the fork. That simple. But what is a Hard Fork and what the heck does Constantinople have anything to do with it? What is going on here? A fork is a change to a blockchain protocol and there are two types - a soft fork and a hard fork. Soft forks are backward-compatible, meaning that nodes within a network can still recognize newly coded blocks implemented by the soft fork. A hard fork, on the other hand, is not backward-compatible and newly created blocks cannot be recognized by the network’s native nodes, meaning a new network will have to be created to cater to new blocks using an updated protocol. A prime example of a hard fork is the creation of Bitcoin Cash in the wake of the Bitcoin hard fork of 2017. Please listen to Crypto and Blockchain Talk Episode31 to learn more about the Bitcoin fork. The main goal of the Constantinople fork is to ease the future transition of Ethereum from the Proof-of-Work (PoW) mechanism to Proof-of-Stake (PoS), making savings on costs and increasing the efficiency of the network. Listen to this episode for more information! Listen to Crypto and Blockchain Talk for more interesting topics! If you like this episode, give us 5 stars in iTunes or Stitcher, Thank you for listening! Crypto and Blockchain Talk - Making You Smarter SUBSCRIBE to our social channels and never miss an episode: SPOTIFY   iTunes   Stitcher   Soundcloud   Google Play Music   Tunein    Castbox    Pocket Casts    Overcast    iHeartRadio   PlayerFM    YouTube  ________________ Do you want us to talk about your project or company? Email us: education@saviidigital.com  

Explaining Cryptocurrencies This week we talk about cryptocurrencies such as Siacoin, Bytecoin, Factom, and Zilliga.   Siacoin: Siacoin is a decentralized storage platform aimed at providing reliable, private storage for a fraction of the cost you would pay at major cloud hosting providers. Storage providers can sell their free hard drive space on Siacoin’s marketplace, and shoppers can look for the best available deal. Once a price is agreed upon, the storage provider and shopper enter into a contract to determine the level of uptime and reliability guarantee, for a predetermined amount of time. The storage provider most stake a large amount of Siacoin as collateral, to prove they will take this contract seriously.   Zilliga: Zilliqa is a payment processing and decentralized application (DApp) platform using blockchain technology. What makes Zilliqa different from all the others in this space is that they have implemented a technology called sharding (think of broken glass shards as pieces of a whole pane). Sharding technology is the latest major solution for scaling blockchain services, and is under consideration to be adopted by Ethereum, but Zilliqa already has it.   Bytecoin:  Factom is a data integrity protocol that first launched in 2015. With the power of distributed ledger technology, Factom aimed at helping enterprises integrate documents and resources into immutable data.   Factom: Factom is a data integrity protocol that first launched in 2015. With the power of distributed ledger technology, Factom aimed at helping enterprises integrate documents and resources into immutable data.   _____________________________________ Listen to Crypto and Blockchain Talk for more interesting topics! If you like this episode, give us 5 stars in iTunes or Stitcher, Thank you for listening! Crypto and Blockchain Talk - Making You Smarter SUBSCRIBE to our social channels and never miss an episode:  SPOTIFY   iTunes   Stitcher   Soundcloud   Google Play Music    Tunein    Castbox    Pocket Casts    Overcast    iHeartRadio   PlayerFM    YouTube   

Crypto Trading Education This week we talk about limit orders, what they are and how to use them. Plus we talk about cryptocurrencies such as Bitcoin Diamond, Nano, and Pundi X.   Bitcoin Diamond: Bitcoin Diamond was forked and created from Bitcoin in November 2017. It essentially uses the same technology with a couple of modifications. The total supply is 210,000,000 instead of 21,000,000. It debuts an entirely different mining algorithm for which there is no ASIC available at this time, allowing GPU miners to get back in the game.   Nano: Nano is a digital payment currency that differs from most others because instead of using a traditional blockchain ledger, it uses a highly complex block lattice structure instead. This allows for infinite scaling, zero fees, and instant transactions. The big question is, why isn’t everybody using this technology? The answer is because it is hard to get working.   Pundi X: Pundi X is a new payment system that is gaining huge traction throughout Asia touting themselves as the “Walmart and 7-11 of cryptocurrency”. Their vision is placing their product in every physical store, digitized with the ability for consumers to transact and purchase or sell cryptocurrency with fiat, bank cards, mobile wallets and/or their native private key-encrypted smart card and wallet, XPASS.   Listen to Crypto and Blockchain Talk for more interesting topics! If you like this episode, give us 5 stars in iTunes or Stitcher, Thank you for listening! Crypto and Blockchain Talk - Making You Smarter SUBSCRIBE to our social channels and never miss an episode:  SPOTIFY   iTunes   Stitcher   Soundcloud   Google Play Music    Tunein    Castbox    Pocket Casts    Overcast    iHeartRadio   PlayerFM    YouTube 

What are Oracles?  An oracle is a data feed or a search agent used by a smart contract to obtain information outside its native blockchain. Using a web API interface, it can communicate with news websites, traditional databases, other blockchains and their DApps, and much more. Without an oracle, a smart contract would only work for situations where all the needed information to be executed was found on the blockchain it resides on. For example, without an oracle, an Ethereum smart contract could not move funds based on the price of Bitcoin. If a smart contract wants to trigger conditions that exist outside their native blockchain, it needs an oracle to communicate with third parties on the internet to find what it needs. For instance, let’s say that there is a smart contract that says Joe will get 100 ETH if the Chicago Cubs win the World Series. Well, it needs some way to identify the Chicago Cubs, track baseball scores, and news. That’s where an oracle comes in. The oracle will track and deliver that information to the smart contract at the appropriate time the World Series is played. Allowing blockchains to communicate with the outside world and fetch the data they need is critical to their function. Imagine having an Excel spreadsheet, where you have the prices of the top 10 flavors of 2L bottles of soda. You want the real-time prices but you can’t be bothered to look online and enter in the price manually every day. If only you had a snippet of code to fetch it for you! That’s what an oracle does for a smart contract. Without them, a smart contract is just a bloated “if, then; else” statement.  There are different types of oracles that serve different purposes: Software Oracles - Software oracles look up information on websites. Examples of required data could be temperature, prices, and flight times. The software oracle extracts the information and sends it to the smart contract. Hardware Oracles - For smart contract conditions that needs data directly from the physical world, there are hardware oracles. For instance, when an employee enters the building, there is a movement and visual sensor to automatically clock them in and begin paying them for their time. These sensors then send the data to a smart contract, which triggers their pay at the end of the day. Inbound Oracles - A type of device or software oracle that provides the smart contract with data from the external world. For instance, when the price of Bitcoin hits $7,000, buy 3.5 BTC. Outbound Oracles - A type of device or software that gives smart contracts the ability to send data to the outside world, like a smart lock to the front door, that receives information on the blockchain that the owner has been verified through their mobile app and now the door needs to open. Consensus Based Oracles –When using only one source of information could be risky and unreliable, Consensus Based Oracles come into use. For further security, a combination of different oracles may be used, for example, 3 out of 5 oracles could determine the outcome of an event. An example is a prediction market bet on the outcome of an election. For more info listen to this episode or read the full article here:  https://cryptofinance24.com/what-are-oracles-p423-171.htm   Listen to Crypto and Blockchain Talk for more interesting topics! If you like this episode, give us 5 stars in iTunes or Stitcher, Thank you for listening! Crypto and Blockchain Talk - Making You Smarter SUBSCRIBE to our social channels and never miss an episode:  SPOTIFY   iTunes   Stitcher   Soundcloud   Google Play Music    Tunein    Castbox    Pocket Casts    Overcast    iHeartRadio   PlayerFM    YouTube 

Blockchain and the Luxury Industry   E-commerce stores can be built fairly quickly. Scammers can easily build authentic-looking sites, filled with fake comments and feedback about the products and delivery. They lure people in with cheap prices and great discounts, but there is a high probability that the products they sell customers are cheap counterfeits, that is if those customers receive anything at all. Blockchain technology will bring much-needed transparency and security back to the luxury items industry. Eliminating counterfeit products completely is almost impossible, but it is hoped that blockchain can reduce their universal presence. There are already some companies that are utilizing this technology, but it is still in its infancy. To achieve an international scale, it will take much more time and effort. But the building blocks have been laid.   Listen to Crypto and Blockchain Talk for more!   ____________________________________________ Listen to Crypto and Blockchain Talk for more interesting topics! If you like this episode, give us 5 stars in iTunes or Stitcher, Thank you for listening!   Crypto and Blockchain Talk - Making You Smarter   SUBSCRIBE to our channels and never miss an episode: SPOTIFY iTunes Stitcher Soundcloud Google Play Music Tunein Castbox Pocket Casts Overcast iHeartRadioPlayerFM Twitter YouTube LinkedIn

Crypto Is Not Scary! Halloween is coming and Crypto is really not that scary! Here are the tales of a few cryptocurrencies and see just how scary, or not, they are! We cover cryptocurrencies such as: OmiseGo Binance Basic Attention Coin (BAT) Dogecoin Verge Listen to Crypto and Blockchain Talk for more! ____________________________________________ Listen to Crypto and Blockchain Talk for more interesting topics! If you like this episode, give us 5 stars in iTunes or Stitcher, Thank you for listening!   Crypto and Blockchain Talk - Making You Smarter   SUBSCRIBE to our channels and never miss an episode: SPOTIFY iTunes Stitcher Soundcloud Google Play Music Tunein Castbox Pocket Casts Overcast iHeartRadioPlayerFM Twitter YouTube LinkedIn

Blockchain and Travel Every one of us has travelled. Whether it is to a foreign country hundreds of miles away or just to another city within your country. We can travel by bus, rent a car and drive ourselves, or take the plane. If we don’t have any friends in the location we are traveling to, we can stay at a hotel, hostel, B&B or even couch surf. Travelling has never been as easy as it is right now. Platforms like Expedia, Skyscanner, and Booking.com have understood that people prefer secure platforms where they could see all of the options in one place and find the perfect solution for them without having to search through different websites for hours. These platforms make planning your travels convenient, but it comes at a cost. Often, these platforms take up to 20% of the ticket price that you pay. To change that, companies are looking to implement blockchain technology to the travel industry. This would give consumers the possibility to book hotels, plane tickets or anything else using smart contracts, therefore eliminating the middlemen. This week we cover how blockchain can change the Travel industry including: Online booking Travel industry security Luggage tracking Loyalty management   ____________________________________________ Listen to Crypto and Blockchain Talk for more interesting topics! If you like this episode, give us 5 stars in iTunes or Stitcher, Thank you for listening!   Crypto and Blockchain Talk - Making You Smarter   SUBSCRIBE to our channels and never miss an episode: SPOTIFY iTunes Stitcher Soundcloud Google Play Music Tunein Castbox Pocket Casts Overcast iHeartRadioPlayerFM Twitter YouTube LinkedIn

This week we talk about Bitcoin Cash, what it is and what does bitcoin fork mean!  With incredulous poetic justice, in-fighting amongst developers at Bitcoin Cash is causing a major disturbance within the crypto communities to the point that more hard forks and chain splits seem inevitable. In addition, one of the developers, Craig Wright, is claiming to be the real Satoshi Nakamoto (the pseudonym used by the inventor of Bitcoin, who the NSA and other agencies have failed to discover on their own). If forking once from Bitcoin could create an enormous amount of wealth for a small group of dissenters, why not do it again, and again? Two groups are emerging from Bitcoin Cash’s community, calling themselves Bitcoin ABC and Bitcoin SV. ____________________________ Listen to Crypto and Blockchain Talk for more interesting topics! If you like this episode, give us 5 stars in iTunes or Stitcher, Thank you for listening!   Crypto and Blockchain Talk - Making You Smarter   SUBSCRIBE to our channels and never miss an episode:SPOTIFY iTunes Stitcher Soundcloud Google Play Music Tunein Castbox Pocket Casts Overcast iHeartRadioPlayerFM Twitter YouTube LinkedIn

Crypto Wallets When choosing how to store your precious cryptocurrencies, it is important to keep one thing in mind: Your actual coins are not stored there. They are always on the distributed blockchain.  The wallets only hold the private keys and passwords to them. So, if you’ve at least printed out a copy, or wrote a Post-It note somewhere, you can lose your wallet, have a hard drive crash, or any number of disasters occur, and you can still recover your funds. This week we cover: Coinbase Custody itBit Gemini Ledger Also, we talk about: Hardware Wallets Mobile Apps At the end of the podcast, we give out some security tips to keep your coins and tokens safe! Listen to Crypto and Blockchain Talk for more interesting topics! If you like this episode, give us 5 stars in iTunes or Stitcher, Thank you for listening!   Crypto and Blockchain Talk - Making You Smarter   SUBSCRIBE to our channels and never miss an episode:SPOTIFY iTunes Stitcher Soundcloud Google Play Music Tunein Castbox Pocket Casts Overcast iHeartRadioPlayerFM Twitter YouTube LinkedIn

Tune in for this weeks episode of Crypto and Blockchain Talk to find out more about the history of ICOs. For the last several years, ICOs have been the mechanism of fundraising by companies who are selling their cryptocurrencies as a way to invest in their projects. Cryptocurrencies created by companies for raising funds, whether an idea or a developed product, usually come with a promise of a good return on the initial investment, and could even include bonuses such as the ability to purchase or participate in the company’s product or service with little or no fees as a reward for being a participant in their ICO.   Listen to Crypto and Blockchain Talk for more interesting topics! If you like this episode, give us 5 stars in iTunes or Stitcher, Thank you for listening! Crypto and Blockchain Talk - Making You Smarter     SUBSCRIBE to our channels and never miss an episode:SPOTIFY iTunes Stitcher Soundcloud Google Play Music Tunein Castbox Pocket Casts Overcast iHeartRadioPlayerFM Twitter YouTube LinkedIn

  Hey everyone! This week we are back with the new episode of Crypto and Blockchain Talk podcast. We are covering the topic that many people are asking us, why does coin/token price drop after an ICO?  Aviva Õunap, the host of the show will explain different factors that can bring down the price including:  The overall state of the cryptocurrency market is very bearish.  ETH, which is also tied to BTC, has lost 80% of its value in that same time frame. Supply and demand of the market. Weak hands.   Supply and demand of the coin. Futures trading.   Cryptocurrencies are beginning to trade on stock exchanges all over the world. Many banks are coming out with their own cryptocurrencies or partnering up with blockchain companies to use their platforms. We are looking forward to seeing how cryptocurrencies and blockchain technology will be implemented in our everyday life!   Listen. Comment. Share!   Listen to Crypto and Blockchain Talk for more interesting topics!    SUBSCRIBE to our channels and never miss an episode:SPOTIFY iTunes Stitcher Soundcloud Google Play Music Tunein Castbox Pocket Casts Overcast iHeartRadioPlayerFM Twitter YouTube LinkedIn www.cryptoandblockchaintalk.com

In this episode, we are talking about cryptocurrencies  backed by gold, OmniCoin, and ICO Scams.   Since 1971, the US dollar is no longer backed by gold. It is essentially just a piece of paper, backed by faith in the US government. There are currently no government-issued currencies that are 100% backed by gold or any other valuable material. If you’re one of the many who wants a currency backed by precious metals, the emerging token assetization market is creating digital tokens that represent shares of gold, silver, palladium, and other metals, held in different mining reserves and private vaults. What if you could even trade your Bitcoins for gold? It’s now possible. But be careful, there are a tremendous amount of scams! A thing to beware of is that many of  ICOs are actually for gold mining companies. You get an equity share of the company while they mine for actual gold. However, there are no promises of actually finding any. These ICOs can be repeated indefinitely by the same people, suckering people who are hoping for a huge payout that never comes. There is a list of gold-backed tokens that have become legitimate enough to make it onto www.coinmarketcap.com. There are, however, dozens of others out there, which are in ICO, pre-ICO, or are too small to have made any waves in the market. Again, we are not endorsing the following projects and you must do your research before investing in any ICO or cryptocurrency. At the time of writing (July 16th, 2018) price of one (1) gram of gold: $39.87 AurumCoin (AU) - http://www.aurumcoin.com DigixGlobal (DGX) - https://digix.global GoldMint (MNTP) - https://www.goldmint.io HelloGold (HGT) - https://www.hellogold.org Xaurum (XAUR) - https://www.xaurum.org GoldBlocks (GB) - https://info.mygoldblocks.com Dignity (DIG) - https://cryptobontix.com   Omni (Known as Mastercoin) - The first altcoin was named Mastercoin. 5 years after its birth, Omni’s market cap is little over 7 million USD. The ROI for the initial ICO investors is about 700% and the value of the token has grown from an initial price around $1.5 USD to $12 USD by the time of writing. The most famous offspring fostered by Omni are Tether and MaidSafe - not exactly the hallmarks of a failure. But the truth is that compared to the grandiosity of Bitcoin and the explosiveness of recent ICOs, holding a rank of 499 on www.coinmarketcap.com is nothing to brag about.   Listen to Crypto and Blockchain Talk for more interesting topics! If you like this episode, give us 5 stars in iTunes or Stitcher, Thank you for listening! Crypto and Blockchain Talk - Making You Smarter     SUBSCRIBE to our channels and never miss an episode: SPOTIFY iTunes Stitcher Soundcloud Google Play Music Tunein Castbox Pocket Casts Overcast iHeartRadioPlayerFM Twitter YouTube LinkedIn  

A Buzzing Show on the Blockchain Island - Malta Blockchain Summit!   -50% off from all tickets! Get it on now with this code: 50MBSDLTA1   Malta, with its new regulatory framework, is leading the pack. The massive scale of the Malta Blockchain Summit, set to take place at the InterContinental on November 1-2, is a reflection of this momentum. The Summit includes four conferences, a buzzing expo floor, a two-day Hackathon, a Blockchain Awards ceremony, an eclectic ICO pitch – and ends with a suave Crypto Cruise. Dr Stornetta is one of the most keenly anticipated speakers.    Two of the largest crypto exchanges out there, Binance and OKEx, have already announced their relocation to Malta – The Blockchain Island. Moves like these give credence to the islands ambitions, and make The Malta Blockchain Summit the hottest ticket in town, and a massive development in its own right.   Boasting over 4000 delegates, 100 speakers and 150 sponsors and exhibitors, the Malta Blockchain Summit promises to be an innovative and momentous opportunity for global influencers to network, forge new connections and debate the potential applications of blockchain across a myriad of industries such as health, entertainment, government, and banking.    Every blockchain enthusiast is welcome to the Malta Blockchain Summit and we offer you a -50% off from all the tickets! Get it on now with this code: 50MBSDLTA1   Full Agenda  1st November08:00 | 18:00 - Registration And Expo Opening 09:00 | 09:10 – Keynote (Blockchain Regulation - The Local Scenario) 09:10 | 09:50 - Regulatory Panel (How To Build A Regulatory Framework For Blockchain) 09:50 | 10:00 – Keynote (The Competitive Benefits Of "Blockchain Island": Malta Presentation By Maltaenterprise). 10:00 | 10:10 – Inauguration (Joseph Muscat - Prime Minister Of Malta) 10:10 | 10:40 – Panel (Challenges: Transparency Vs The Right To Be Forgotten) 10:40 | 10:45 - TBC 10:45 | 11:00 – Keynote (Crypto Asset Taxation) 11:00 | 11:30 – Panel (Regulation Gone Wrong) 11:30 | 11:40 - Reserved For Super Speaker 11:40 | 12:10 - Panel Debate (Will Blockchain Replace The Top-Down Approach Of Contemporary Government?) 12:10 | 12:20 – Keynote (Leveraging Multiple Jurisdictions To Achieve Ico Nirvana) 12:20 | 13:00 - Round Tables 14:00 | 14:15- Keynote (How To Prepare A Blockchain Startup For Traffic Acquisition) 14:15 | 14:30 – Keynote (Why Stos Will Outperform Ipos In The Long Run) 14:30 | 14:45 – Keynote (Cryptoexchange Listing. Common Mistakes And Real Cases) 14:45 | 15:00 – Keynote (How We Saved $100,000 In Ico Advertising). 15:30 | 18:30 - Blockchain For Affiliates And Marketing Tbc 19:30 | 21:30 - Mbs Cryptocruise 20:00 -Mbs Dinner Host Tbc   2nd November 09:00 | 09:10 -Opening 09:10 | 09:20 - Opening Keynote 09:20 | 09:30 - TBC 09:30 | 09:40 – Panel (The Use Of Non-Turing Complete Smart Contracts) 09:40 | 09:50 -Permissioned Vs Permissionless Blockchains 09:50 | 10:00 - TBC 10:00 | 10:10 - Consensus: What Lies Beyond Proof Of Stake 10:10 | 10:20 – TBC 10:20 | 10:30 - The Blockchain Of Things 10:30 | 10:40 - Dapp Development In Ethereum 10:40 | 11:10 – Panel (Marrying Ai To The Blockchain) 11:10 | 11:20 - Blockchain Bridging 11:20 | 11:30 - TBC 11:30 | 11:40 -Implementing Oracles In Blockchains 11:40 | 11:50 - TBC 11:50 | 12:00 - Zero Knowledge Proof In Data Verfication 12:00 | 12:10 - Reserved 12:10 | 12:20 - TBC 12:20 | 12:30 - Exclusive Keynote 12:30 | 13:00 - Round Tables (Blockchain For Tokenomics And Cryptocurrencies 14:00 | 14:10 - Killer Keynote 14:10 | 14:40 - The Rise In Cryptotrading 14:40 | 15:10 - Token Modeling 15:10 | 15:40 - Ico Bubble Or Balloon 15:40 | 16:10 - Banking On Bitcoin, Can Banks Evolve? 16:10 | 16:40 - Investing In Blockchain 16:40 | 16:50 - TBC 16:50 | 17:00 - Post Ico, Millions In The Bank, Whats Next? 17:00 | 17:30 - Is Your Business Blockchain-Able? 17:30 | 18:00 - Round Tables 17:30 | 18:30 - Investor/Startup Speed Dating 19:30 | 21:30 - Mbs Cryptocruise 20:00 -Mbs Dinner Host Tbc    Listen to Crypto and Blockchain Talk for more interesting topics! If you like this episode, give us 5 stars in iTunes or Stitcher, Thank you for listening! Crypto and Blockchain Talk - Making You Smarter SUBSCRIBE to our channels and never miss an episode: SPOTIFY iTunes Stitcher Soundcloud Google Play Music Tunein Castbox Pocket Casts Overcast iHeartRadioPlayerFM Twitter YouTube LinkedIn  

Crypto and Blockchain Talk #24  The Supply Chain is a system of processes, people, activities, information, and resources needed to move a product from the manufacturer to the consumer. The supply chain is essentially the process of natural resources and raw materials to a final product that is delivered to the consumer. This process involves all of the suppliers, manufacturers, and companies that assemble the products and deliver them to the end customer – which is you.   Problems with current Supply Chain   Supply chain at the moment is long on data and short on trust. Significant lack of transparency generates constant suspicion of illegal and unethical practices. Companies are so keen on keeping their information private, without even seeing the damage they are doing to the trust between them, their suppliers and vendors. Building a strong relationship between parties starts with mutual respect, benefits, honesty, and trust. For supply chain management to work effectively, enterprises need to track the movement of the raw materials that are needed to create the products, optimize their inventory levels to reduce costs, and synchronize their supply with customer demand. Companies with international supply chains have to consider different cultures, preferences and legal frameworks. There are risks of losing control, oversight, and mismanagement over inventory when the supply chain is taken lightly.   Main features that blockchain integration gives to supply chain: Transparency, Traceability, Security, Automation, Immutability   Blockchain technology can change most industries, and supply chain management is one of the more obvious uses for this technology. Supply chain management provides enterprises, especially manufacturers, with tremendous competitive and business advantages. Adding blockchain to the mix will make your business more competitive, transparent, secure, tracable, and above all, trustworthy.     Listen to Crypto and Blockchain Talk for more interesting topics! If you like this episode, give us 5 stars in iTunes or Stitcher, Thank you for listening! Crypto and Blockchain Talk - Making You Smarter     SUBSCRIBE to our channels and never miss an episode: SPOTIFY iTunes Stitcher Soundcloud Google Play Music Tunein Castbox Pocket Casts Overcast iHeartRadioPlayerFM Twitter YouTube LinkedIn

This week we focus on the topic that many of our listeners have asked - How to Get Started In Crypto? Welcome to the digital money revolution! This isn’t just a financial revolution, this is the next generation of technology being built right before our eyes. There is a lot to learn, with both legal and technological situations evolving constantly. You can wait until the dust settles, or you can try to maximize potential profits now. Either way, it’s an exciting time to be alive! When doing anything with money, the first and most important question is, “Who can I trust?”. With crypto being a “environment of trust” from its very foundation, this is a philosophical problem everyone must overcome using some form of rationality. The most important thing you can do in the beginning is just to learn and watch for a while before breaking into your bank account. Here is a list of things we think you need to do to embrace the world of cryptocurrencies:   Research - The most important thing you can do in the beginning is just to learn and watch for a while before breaking into your bank account. Take Time and Invest Wisely - Take some time to find a project that you find interesting, and that you want to succeed. Find a good team that seems like they know what success looks like. FIAT into Crypto - To make your first investment, you need to convert your money into cryptocurrency (Exchanges with better reputations and no-so-great reputations). Security and Safety – NB! If you lose your private key, and don’t have it backed up, you will lose your money. There is no-one who can recover it for you, so keep it secure Repeat - Now that you’ve successfully invested in cryptocurrency, it’s time to do it all over again!   Even the greatest technology, with the smartest team, and the most fervent community doesn’t always last. There is always an even better project around the corner, with established partnerships already waiting to use their platform. So, keep researching, learning, and investing in more things. But keep things in line, don’t go out there taking a mortgage on your house to invest in crypto. Only invest what you can afford to lose.   Listen to Crypto and Blockchain Talk for more interesting topics! If you like this episode, give us 5 stars in iTunes or Stitcher, Thank you for listening! Crypto and Blockchain Talk - Making You Smarter     SUBSCRIBE to our channels and never miss an episode: SPOTIFY iTunes Stitcher Soundcloud Google Play Music Tunein Castbox Pocket Casts Overcast iHeartRadioPlayerFM Twitter YouTube LinkedIn