My Crypto Journey – Democratizing crypto

Published since 4 April 2022

Sorry these are Brain dump only at the moment

My Dream is to democratize cryptocurrency and blockchain through education. Why is cryptocurrency hard to immediately grasp? It requires knowledge in 2 fields – tech and finance.

Levels of knowledge by Purpose

1. Being able to use cryptocurrencies
2. Understanding NFT and if it is our cup of tea.
3. How is crypto related to Metaverse?
4. Being able to understand basic concepts to understand the importance or significance of news
5. Being able to trade cryptocurrencies
   1. When to go in and out
   2. dependency on major coin to alt coins
   3. Finding underrated gems
6. Being able to invest in Defi, crypto and blockchains and projects.
   1. Dollar cost Averageing
7. To become a developer(business or tech) of the Crypto industry.

Foundation Crypto Banter 

• The History of Money
• Centralization vs Decentralisation
• Network effects
• Bitcoin and Blockchain
• Gold vs Bitcoin
• Ethereum
• Blockchain Disruption and Altcoins
• Centralized Exchanges
• Wallets
• Decentralized Exchanges
• Security
• Scams – How to Stop Being Scammed
• How to Build a Portfolio

Foundation

Money revolution

Why and when did bitcoin appear?

• cryptography – public and private key

What is blockchain and what is cryptocurrency (9th evolution of money)

What is mining?

what is proof of work vs proof of stake

Difference between Bitcoin and Ethereum?

Where is the value of the cryptocurrency coming from?

What are utilities?

Play to earn

What is ICO (initial coin offering) ? 

What is in your cloud wallet?

Understanding and getting your own Crypto Wallet

What is in your cold wallet?

How does ledger deal with fraction of a coin?

Why is the smallest fraction of a coin?

• 1 bitcoin – 100M satoshis. 0.00000001 (8 decimal places)
• The smallest unit of ETH is called Wei, and is 1×10^-18 ETH

  • 1 Wei = 0.000000000000000001 ETH

Understanding Coins (Crypto Currency)

1. Major coins
   1. Bitcoin
   2. Ethereum
2. Alt coins
3. Stable coins (10th evolution of money)
   1. USDT
   2. USDC
4. algorithmic stable coins.((11th evolution of money)
   1. Terra Luna – UST (UST crashed – Learnings

Understanding the coin(crypto Currency) & the network(blockchain).

Bitcoin : BTC

Ethereum: ERC 20 (Ethereum Request for Comment) (Too slow.

Binance: BSC (Binance Smart Chain)

Solana:

Table:

What is Layer 1 blockchain and Layer 2 Blockchain

Cross Chains

1. Torchain
2. Anychain
3. Rune

What is launchpad?

Where to learn about crypto (news and learning)

https://coinmarketcap.com/

https://dappradar.com/

https://bacondao.com/

https://www.tradingview.com/markets/cryptocurrencies/prices-defi/

https://decrypt.co/

https://www.coindesk.com/

https://news.bitcoin.com/

https://cointelegraph.com/

https://cryptonews.com/

https://www.cryptotimes.io

https://www.bloomberg.com/crypto

Read usage stats

https://consensys.net/insights/

uni swap usage stats

Learn by doing

1. How to start trading crypto coin – Binance – Luno – Zipmex – Bitkub
2. Off Ramp On Ramp
3. Peer to peer trading.
4. When to buy and when to sell.
5. Market trading.
6. Conversion
7. Deposit and lock in money to gain interest during Bull Run.
8. How to make your own coin
9. How to make your own wallet
10. How to make your own defi

Defi services

1. Binance
2. Metamask
3. luno
4. Pancakeswap
5. Quickswap
6. Uniswap

Youtube

CryptoBanter
Finematics

READ UP

coinbase

cointracker.io

Alternative utilities/adoption

https://coinapp.co/

Smart contracts

NFT

app.cakedefi.com learn and make money

CASINO

https://crypto.games/

Only in the US

crypto.com

Marketing on Youtube

weisscryptoalert.com

Gaming

robertspaceindustries.com (star citizen)