Episode 38 - What are DeFi Token Bridges? (The good, the bad, and can Bitcoin fix it?)I need to start off by saying this is not financial advice so if you are looking for that this show isn’t for you. The content of this podcast episode is for informational purposes only. The opinions expressed here are not meant to be taken as financial, investment, or any other advice.There’s a lot of criticism and confusion in and out of the crypto community with users unable to swap one type of coin for another like Bitcoin for Ethereum without going through a centralized exchange service like Coinbase. Decentralized finance has a big problem, and this is where defi token bridges attempt to fix the problem. DeFi token bridges are becoming increasingly important as the DeFi ecosystem continues to grow and expand across multiple blockchain networks. They offer users the ability to access a wider range of DeFi applications and services, while also helping to bridge the gap between different blockchain communities.Join the discord server - https://discord.gg/Y9CPnYm8C2Looking for Crypto apparel? Crypto 101 swag, shirts and apparel available here. This episode is sponsered by Joe Ugly Apparel - www.joeuglyapparel.comThis week's episode was produced by The WIld 1 Media. If you or anyone you know is looking for podcast editing, podcast production, or any other podcast services please reach out to The WIld 1 Media at www.thewild1media.com. Thanks for listening.FOLLOW US ON:Facebook - @crypto101show or https://www.facebook.com/The-Crypto-101-Show-100158338867665Instagram - https://www.instagram.com/crypto101show/Sign up for our newsletter - thecrypto101show@gmail.comProduced by The Wild 1 Media - www.thewild1media.comCheck out our other podcasts-https://darksidediaries.sounder.fmhttps://anchor.fm/ttmyghhttps://anchor.fm/morning-joe-rant-show#crypto #cryptocurrency #bitcoin #tokenbridges #token #altcoins #defi #coins #cryptocoins #blockchain #finance #ordinals #protocols #currency #etherum #smartcontracts

Episode 28 - Listeners Crypto Questions Vol 1 - LCQ V1I need to start off by saying this is not financial advice so if you are looking for that this show isn’t for you. The content of this podcast episode is for informational purposes only. The opinions expressed here are not meant to be taken as financial, investment, or any other advice.In this episode I wanted to answer some listeners' questions I have received. I actually really enjoy the questions and it helps me see where some of you as listeners are, with your thinking. It also helps me understand what I may need to do an episode on in the near future. Some of these questions you may know the answer to and some you may not. But I find it important as a whole community we try to help each other out. There are 4 questions today from 4 different listeners. First things first, there is no stupid question in my book. Even some of the simple ones can actually be a deep dive. Second, if there are any of you listeners that have questions you would like to ask about anything pertaining to crypto please either DM the show via the Instagram, Twitter, or Facebook profiles or use the email address I have provided in the show notes and I will try to put it in for the next episode of listeners questions. Third, like all things with this show I am going to do my best to leave my opinion out of the answers as much as possible. And lastly, like all things in life there’s a grayscale. There’s an in between where we have to weigh the pros and cons. So I hope you all can take an open mind to these questions and answers and use them to help you grow in your crypto education. 1. "When will crypto become more mainstream?"2. “Doesn’t bitcoin or crypto just create a new type of generational wealth that will eventually lead to inequality all over again?”3. “Do NFT’s get held in wallets like crypto?”4. “Do you think there will be a white swan or black swan event?”

Episode 27 - Proof of Work vs Proof of Stake & the Ethereum 2.0 release I need to start off by saying this is not financial advice so if you are looking for that this show isn’t for you. The content of this podcast episode is for informational purposes only. The opinions expressed here are not meant to be taken as financial, investment, or any other advice.In order for cryptocurrency to come to the creation and validation of cryptocurrency onto the blockchain they have to follow one of two ways. Either proof of work or proof of stake. These are two different consensus mechanisms for cryptocurrency that help validate cryptocurrency transactions. These consensus mechanisms help blockchains synchronize data, remain secure, verify and add new transactions to the blockchain, and create new tokens. Consensus mechanisms allow each computer attached to the network to agree on legitimate transactions to avoid middlemen. Proof of work, first pioneered by Bitcoin, uses mining to achieve those goals and the first functioning proof-of-stake cryptocurrency was Peercoin, introduced in 2012 which uses staking to achieve its goals. The main upside of proof of work is that it is trusted, and has a long track record while the main upside of proof of stake is that it requires less energy, and is scalable. While both methods validate incoming transactions and add them to a blockchain which is the ultimate endgame they still both differ in how they get there. The easiest way to think about them both is Proof of work is computer power meaning the more robust the computer the more that complex equations can be solved and more mining can be done earning them rewards. And proof of stake is currency power, which means the more coins a validator is holding the more chance they will be allowed to validate transactions which rewards them with more coins. The other thing is Proof of Work creates coins, like bitcoin, while Proof of Stake does not, because the coins have been created at the start of the project which means they essentially mint their tokens before an ICO or initial coin offering. So let’s break this down a bit more.

Episode 26 - All about Bitcoin (The Bitcoin episode)I need to start off by saying this is not financial advice so if you are looking for that this show isn’t for you. The content of this podcast episode is for informational purposes only. The opinions expressed here are not meant to be taken as financial, investment, or any other advice.In this episode we are going to talk all about Bitcoin, as it is the most known cryptocurrency throughout the world. To start I want to give a quick history of Bitcoin, who its creator or creators are, and why they created it. Then we will talk about some of the biggest questions around bitcoin. A lot has happened since the “genesis block” of bitcoin (BTC) was mined in early 2009, and Satoshi Nakamoto sent the first-ever transaction to Hal Finney. Bitcoin is a digital currency that operates on a decentralized network and is a global currency not tied to any one country. It was invented in 2009 by a person or group of people who called themselves Satoshi Nakamoto. The goal was to create "a new electronic cash system" that was "completely decentralized with no server or central authority." After creating the technology, in 2011, Nakamoto turned over the source code and domains to other individuals in the bitcoin community, and then disappeared. With just thirty-one thousand lines of code and an announcement on the Internet there were no paper bills or precious metals this type of currency would be made of. Giving way to a new form of money and payment structure. A few months after the 2008 financial sector collapse Nakamoto published a five-hundred-word essay about the traditional fiat/government-backed currencies. Nakamoto wrote “The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve.”

Episode 25 - What is a “crypto winter” and a “crypto ice age” and why are they significant? I need to start off by saying this is not financial advice so if you are looking for that this show isn’t for you. The content of this podcast episode is for informational purposes only. The opinions expressed here are not meant to be taken as financial, investment, or any other advice.Continuing from our previous episode crypto the last few months has seen a big beat down. The value of crypto went from $3 trillion back in November 2021 to just around $1.3 trillion since the crash in May. This caused huge losses to many investors and purchasers of crypto. With the crypto market not coming close to recovering many big name investors and crypto enthusiasts say we are heading for or are potentially in “crypto winter” and even more people are asking is this a crypto “ice age” we are heading into?Crypto winter is a term used to explain a period of flat trading after a crypto price crash. It is a market condition when cryptocurrencies’ prices fall significantly below where they usually trend in a bull market or when the market rises and thrives.The cryptocurrency market goes through cycles similar to the stock market called bullish and bearish. Think of crypto winter as when crypto prices of coins go down and freeze there or stay stagnant for a shorter period of time with very little movement. The length of time of crypto winter could be thought of as a season, usually 6 months to a year but can sometimes last even longer. And causes of a crypto winter vary.

Episode 24 - What happened to stable coins with the market meltdown?I need to start off by saying this is not financial advice so if you are looking for that this show isn’t for you. The content of this podcast episode is for informational purposes only. The opinions expressed here are not meant to be taken as financial, investment, or any other advice.These last few weeks we saw the crypto market get rocked. One part of this meltdown was stablecoins, which we are going to talk about further in this episode. We saw a tremendous drop in value for most if not all of the coins and I think this is important to go over and understand what and how this happened, with stablecoins in particular. Back in episode 6 we talked a bit about Stablecoins with what they are and how they work but as a quick refresher Stablecoins are tokens pegged to the value of a government-backed currency or fiat currencies such as the US dollar or commodities like silver or gold. Hence the name stablecoins because they are kept stable by being pegged to those assets and therefore can be traded 1 to 1 for them. But there are even some Stablecoins that are pegged to currencies with an algorithm which we will discuss in this episode. Let’s answer first: what's the point of stablecoins? Stablecoins are seen as a safe haven to store cash without having to interact with the traditional financial system like banks or other regulated financial institutions. This means holding in a stablecoin allows crypto traders to both hold their money entirely on blockchains or in the crypto ecosystem without being burdened with the market fluctuation because stablecoins are supposed to be the least volatile. A lot of crypto traders hold stablecoins to easily go in and out of different crypto investments without using a traditional bank or fiat currency and can make for faster trades. Stablecoins are supposed to help crypto traders have a steady and less volatile place to park their cash and occupy a different role in the digital finance market because of this.

I need to start off by saying this is not financial advice so if you are looking for that this show isn’t for you. The content of this podcast episode is for informational purposes only. The opinions expressed here are not meant to be taken as financial, investment, or any other advice.Before we begin into what Web3 or Web 3.0 is, let's take a step back. The very first version or first generation of the internet available to use, we know as the World Wide Web. This goes back to the early 90s, where it was primarily made up of static web pages connected by hyperlinks. Some of you may remember those annoying dial up tone high pitch squeals that sounded like this. That was the very first of its kind and we called it Web 1.0. Next came Web 2.0, the 2nd generation where the internet was used as a platform. We saw the rise of e-commerce sites like Amazon and eBay as well as social media sites like Facebook, Twitter, and Instagram. People had the ability to interact with online platforms and publish content of their own websites as well. Cloud computing and smartphones were the large accelerators of growth for this.Some people believe the problem with Web 2.0 is that internet users are required to surrender their personal data. If users want to use "free" services provided by the tech giants of the industry, they collect all the users' information and preferences while using these services. This personal information is then sold to third parties and often used to send specific ads to its users. And this is where the 3rd generation called Web3 or Web 3.0 comes in. Web 3.0 is believed to bring Internet technology that has the advantage of machine learning, artificial intelligence, and blockchain all together unified to achieve real-world human communication. It can potentially be open, trustless, and permissionless which we'll touch on in a bit. But first in this episode we will take a look at what Web 3.0 is, where it is now, where it’s possibly going in the future, and why it pertains to cryptocurrency.

I need to start off by saying this is not financial advice so if you are looking for that this show isn’t for you. The content of this podcast episode is for informational purposes only. The opinions expressed here are not meant to be taken as financial, investment, or any other advice.Blockchain has been single handedly changing the tech industry with its ability to keep a decentralized encryption ledger. This technology has led to the evolution of cryptocurrency which has shaken up and changed the financial industry. There are so many other industries evolving with blockchain technology like the medical, real estate, supply chain, cyber security and the most recent being the art and entertainment industry. NFT’s or non-fungible tokens are the latest thing to come out evolving the art world. So let’s take a look at what these are, how they work, and what the possible bigger picture is for them.

Episode 21 - The basics about cryptocurrency exchangesI need to start off by saying this is not financial advice so if you are looking for that this show isn’t for you. The content of this podcast episode is for informational purposes only. The opinions expressed here are not meant to be taken as financial, investment, or any other advice.In this episode we are going to talk all about crypto exchanges. How crypto exchanges work, the difference between them, why they have different prices, and rules to live by finding the right exchange for you. Crypto exchanges are a pretty big critical function in the crypto ecosystem. Think of exchanges like the portal between the fiat world and the crypto world. There are currently thousands of digital currencies, and more get added every month. With the crypto world evolving investors, beginners and everyday people will need to understand where and how to do all transactions with cryptocurrencies. One of those ways is with a crypto exchange. Simplified, crypto exchanges make it possible to do 3 main things. They allow the exchange of one cryptocurrency for another, the buying and selling of coins, and the exchange of fiat money into cryptocurrency.

Episode 20 - Everything we need to know about blockchain including use casesI need to start off by saying this is not financial advice so if you are looking for that this show isn’t for you. The content of this podcast episode is for informational purposes only. The opinions expressed here are not meant to be taken as financial, investment, or any other advice.Blockchain. I am not a guru on blockchain nor do I claim to ever be when it comes to crypto or blockchain, but the coolest thing about cryptocurrency in my opinion is blockchain. It is estimated that global spending on blockchain technology will reach around $17.9 billion in 2024. So it doesn’t seem to be going anywhere considering the demand for it. Blockchain is the online digital ledger. Think of it as the blocks are what store data and as you add more blocks full of data they build the chain with one block after another, hence its name blockchain.In this episode we will go over the basics of blockchain and some use cases such as NFT's, cybersecurity, smart contracts and IoT (Internet of Things).

Episode 19 - What would it mean if the Fed creates a Central Bank Digital Currency?I need to start off by saying this is not financial advice so if you are looking for that this show isn’t for you. The content of this podcast episode is for informational purposes only. The opinions expressed here are not meant to be taken as financial, investment, or any other advice.Recently the Federal Reserve came out and stated that it is beginning the talks over whether or not they should create a Central Bank Digital Currency or CBDC and how it could improve a safe and effective domestic payments system. With this news coming out, there’s been a big heated debate about what this would ultimately entail. As it tries to figure out how to keep cash relevant in a cashless digital world. And we need to be clear that there is no determined date at the moment for this, and if they do say yes to this we don’t actually know when this will come to fruition. There is a MIT and Boston Fed test project in the works called Project Hamilton which is a high performance payment system specifically designed for a CBDC but again this is really just in the early phases.If we do see a CBDC we would most likely see a direct bank account given to each U.S. citizen that the Fed would have access to to deposit funds. Think exactly like a banking app but with the Fed. China, for example, allows digital yuan payments in the cities in which the country is piloting its digital currency, and it allows citizens to make payments via an app set up by the government.So many questions arise with this. Will stable coins survive if this happens? How would a US digital coin work with being centralized? What regulations and restrictions could be issued with this? How would this affect cryptocurrencies as a whole? One of the biggest concerns is what about privacy? Add in the differing opinions on all sides with it and it becomes a bit of cluster and confusion.So let's take a look at what this all means.

Episode 18 - The “cryptocurrency has no intrinsic value” argument.I need to start off by saying this is not financial advice so if you are looking for that this show isn’t for you. The content of this podcast episode is for informational purposes only. The opinions expressed here are not meant to be taken as financial, investment, or any other advice.Maybe this will come off as an economics 101 lesson or a history of currency lesson but I really hope it doesn’t. This question gets asked so many times that I felt like it was a necessary episode to have. Let me clarify that this podcast is strictly for education, and I want you all to be better thinkers when it comes to this new technology and financial market. I am neither for nor against crypto. I think there’s a bigger picture that everyone should be thinking about with it though and I will get to that later. The statements “cryptocurrency has no intrinsic value” or “how is cryptocurrency worth anything” often come up in discussions and many times it turns into a debate of all sorts. But I will get straight to the point with this and no sugar coating. There are 3 main characteristics any form of currency must have to be worth for trading. So let's dive in!

Episode 17 - What are airdrops, hard forks, soft forks and governance tokens?I need to start off by saying this is not financial advice so if you are looking for that this show isn’t for you. The content of this podcast episode is for informational purposes only. The opinions expressed here are not meant to be taken as financial, investment, or any other advice.Airdrops, hard forks, soft forks, and governance tokens. I know, I know…more terms for you to hear and digest. For those of you who are still trying to grasp this whole cryptocurrency environment I don’t think these terms will make or break you. Adding more crypto tools like these into your crypto toolbox will ultimately help you in your future crypto endeavors. With thousands of cryptocurrencies in circulation the number of people purchasing and investing in digital coins is rising.

Episode 16 - Protocols, yield farming, staking and mining in cryptocurrency.I need to start off by saying this is not financial advice so if you are looking for that this show isn’t for you. The content of this podcast episode is for informational purposes only. The opinions expressed here are not meant to be taken as financial, investment, or any other advice.These may sound like some big terms but there’s no need to worry. We will simplify these and make them easier to digest. It’s important to understand cryptocurrency may be decentralized but it still has rules you have to follow especially when it comes to the blockchain. Let’s understand that Bitcoin's blockchain is different from Ethereum's blockchain. And to clarify quickly each coin can have its own blockchain but tokens do not. Blockchain’s rules are called protocols. Protocols allow digital money to be securely exchanged on the internet. They are the basic sets of rules that allow data to be shared between computers or nodes and that data can be either peer to peer payments, or file exchanges between to nodes, or even digital art work. The specific blockchain running will set the rules. Why am I mentioning protocols? Because these rules help you understand what exactly you can and can’t do with cryptocurrency and specific coins and tokens. Especially when it comes to staking, mining, and yield farming. People often think decentralization means there’s no rules, but that just strictly means there is no central authority like we have learned in previous episodes. For a quick example, one of Bitcoin’s protocols is the double-spend problem, meaning Bitcoin can’t be spent simultaneously more than once. Think of it like if you bought a concert ticket from a stranger only to discover that it’s already been scanned by someone else. Bitcoins blockchain protocol prevents this from happening. So what does this have to do with mining or staking?So et’s get into it.

I need to start off by saying this is not financial advice so if you are looking for that this show isn’t for you. The content of this podcast episode is for informational purposes only. The opinions expressed here are not meant to be taken as financial, investment, or any other advice. Many associate cryptocurrency with being illegal, as well as with the dark web, illegal gun trades, sex trades or trafficking, illegal drugs or even terrorism funding. Which to be fair has a lot of pop culture stigma and reference to it thanks to Hollywood. I wanted to really dive into this to show the percentages and data of what illegal activities were actually happening involving crypto. Cryptocurrency is so new and the data will change frequently and we’ll see new laws and regulations added and changed within the next few years to decades because of it. The digital world itself is so new and it has really blown up only in this last decade, especially involving digital coins or cryptocurrency. So let's get started down the rabbit-hole so to speak.

Episode 15 - How do new types of cryptocurrency coins get created? (And how coins and tokens differ).I need to start off by saying this is not financial advice so if you are looking for that this show isn’t for you. The content of this podcast episode is for informational purposes only. The opinions expressed here are not meant to be taken as financial, investment, or any other advice.When a new cryptocurrency gets created there’s a lot of technical lingo and know-how involved. And I am not talking about how a new Bitcoin coin gets mined, I am talking about how a completely new coin with an entirely different name gets created. I have had a few people ask this question and I was at first hesitant to do an episode this early in about it. But ultimately decided it would be good to get your feet wet with a bit of the crypto and development jargon associated with it as well as showing you how coins and tokens differ. So let’s first start with the coins and tokens first and then we will take a quick look at the 8 steps to making a new cryptocurrency coin.

I need to start off by saying this is not financial advice so if you are looking for that this show isn’t for you. The content of this podcast episode is for informational purposes only. The opinions expressed here are not meant to be taken as financial, investment, or any other advice. White papers have come to be known as an essential part of creating a new blockchain project or cryptocurrency. Investors, businesspeople, and developers expect to see this document that explains what problem the project solves and how it does so. A simplified definition of a White Paper is a document released by a crypto project that gives investors technical information about its concept, and a roadmap for how it plans to grow and succeed. But white papers didn’t originate with cryptocurrency or even with businesses for that matter. Let’s take a quick look back at how they started and why they have come to be important. The term originated when government papers were coded by color to indicate distribution, and white was designated for public access. This is why white papers are used in politics and business, as well as in technical fields like cryptocurrency, to educate readers and help people make decisions.

Your Chapter 2 - More terms, ideas & teachings of cryptocurrency, and a hard lesson I had to learn.I need to start off by saying this is not financial advice so if you are looking for that this show isn’t for you. The content of this podcast episode is for informational purposes only. The opinions expressed here are not meant to be taken as financial, investment, or any other advice. Welcome to your “chapter 2” of your cryptocurrency experience. I want to say thanks from the bottom of my heart for listening so far and I hope the episodes have truly helped and you keep coming back for more. You’ve all been doing a great job so far. And I can tell many of you have been sharing this podcast which is fantastic. The whole point to this podcast is for people to get educated in all things crypto purely because cryptocurrency isn’t going anywhere. I have tried very hard to consolidate a lot of information into shorter segments almost like cliffsnotes for you. I think this is (for me at least) easier to understand. Too much information can overwhelm many of us. So I hope this style of learning helps most of you. If you just found this show and are completely new please start with the first episode of the podcast. It doesn’t do you any good to get confused and the process will be much easier starting from the beginning. With that out of the way let’s get started. We’re going to start with more terms that I think are important, 12 to be exact. These terms come up quite a bit in the crypto community and I think they are some of the more crucial ones to start understanding as you progress. It’s okay if you don’t remember these the first time around but the more you hear them the more you’ll understand them. 1. Microeconomics “The Bottom-up Approach”2. Macroeconomics “The Top Down Approach”3. POW - Proof of work4. POS - Proof of stake5. Arbitrage6. ATH - All Time High7. Bear or Bearish8. Bull or Bullish9. Consensus10. Private Key11. Public Key12. WhaleNow let’s go through each term more in depth.

Episode 11 - How do I start purchasing or investing in cryptocurrency?I need to start off by saying this is not financial advice so if you are looking for that this show isn’t for you. The content of this podcast episode is for informational purposes only. The opinions expressed here are not meant to be taken as financial, investment, or any other advice. This is one of the top questions often asked by beginners interested in cryptocurrency. Before we dive into how to purchase or invest in cryptocurrency, it’s important to understand that there are good reasons to purchase or invest in crypto, and there are bad reasons. Remember for every person who made an overnight fortune trading crypto, there are many countless others who lost their entire life’s savings or at least quite a large amount of money, so if you’re not willing or able to tolerate high-risk and extremely volatile investments with the potential for high rewards or high losses, then cryptocurrency purchasing or investing may not be for you. This is my warning for you as a beginner. This isn’t to scare you but to be honest with you. I have said this before in prior episodes only put it in what you are willing to lose. I cannot stress this enough. However, if you are genuinely curious about the possibility of cryptocurrencies forever changing the way we deal with finances, and are wanting to learn and you are able to manage the risk, then listen on.It really comes down to 4 steps when purchasing or investing into cryptocurrency.

Cryptocurrency can sometimes seem like the Wild West of the financial market. It can get really attractive with the glittery gains, the cool names of coins, and the mysteriousness of it all. Newbies in the crypto market often tend to play the same moves as the experienced traders or crypto gurus without any understanding of it. People have made a lot of money from cryptocurrency and people have lost a lot of money from it. There’s a great quote and piece of wisdom I will share with you “A smart person learns from his mistakes, but a truly wise person learns from the mistakes of others.” I wanted to do this specific show not only to build your confidence but also to share the struggles. So let’s dive in to the crypto mistakes beginners make.

Is cryptocurrency inflationary or deflationary and what does this mean?I need to start off by saying this is not financial advice so if you are looking for that this show isn’t for you. The content of this podcast episode is for informational purposes only. The opinions expressed here are not meant to be taken as financial, investment, or any other advice. I know this is a boring topic but I think it’s important to touch on this as a newby getting into crypto. In the world of cryptocurrency you will hear the terms inflation or inflationary and deflation or deflationary. Let’s define these 2 terms and then dig deeper into what this means for crypto.

What are the fundamentals of cryptocurrency?I need to start off by saying this is not financial advice so if you are looking for that this show isn’t for you. The content of this podcast episode is for informational purposes only. The opinions expressed here are not meant to be taken as financial, investment, or any other advice. I really wanted to touch on this topic. This is probably a little advanced for basics but I felt it was helpful to understand this part when digging further into the cryptocurrency markets and how all of this starts to work. So far in the episodes of the Crypto 101 show you’ve learned what cryptocurrency is, including key terms and basics, why cryptocurrency was created, including a brief history of it, how cryptocurrency is worth anything including its store of value, and if they are safe and defining the difference of being safe to purchase versus safe as an investment. So I think it’s good to start talking a little about the fundamentals of cryptocurrency. The term ‘fundamentals’ literally means — a foundation, a basis — from which you use to understand something. Investors use what is called foundation analysis which is how they establish the "intrinsic value" or objective calculation of an asset or business. They can look at a number of internal and external factors, and the main goal is to determine whether the said asset or business is overvalued or undervalued. They can then leverage that information to strategically enter or exit positions of the asset. This should not be confused with technical analysis which is financial analysis that uses patterns in market data to identify trends and make predictions. Being able to separate the market price from the "true" value of a network is an excellent skill to have when trading.The problem is cryptocurrency networks can't really be assessed through the same lens as traditional fundamental analysis.The fundamental beliefs of currencies are typically units of measurement, stores of value and mediums of exchange. I want to clarify here there’s different outcomes for what you choose to do with cryptocurrency. Do you choose to hold or “HODL” your cryptocurrencies or do you choose to trade it with riding the peaks and valleys? These fundamentals can be different depending on your outcome. Also each coin is different from the next. Crypto fundamental analysis involves taking a deep dive into the available information about a financial asset. For instance, you might look at its use cases, the amount of people using it, or the team behind the project. Your goal is to reach a conclusion on whether the asset is overvalued or undervalued. The concept of fundamental analysis is simple: if you see a coin with a value that isn’t proportional to its price, it may be worth looking into. The challenge with fundamental analysis is identifying projects with high potential. And to accurately determine their future value, you’ll need to do a lot of research. So let’s break down the 5 basic fundamentals you should at least look at.

What is DeFi or Decentralized Finance? An intro to DeFi -I need to start off by saying this is not financial advice so if you are looking for that this show isn’t for you. The content of this podcast episode is for informational purposes only. The opinions expressed here are not meant to be taken as financial, investment, or any other advice.Right off the bat DeFi or decentralized finance is the competitor to traditional banking and provides new financial instruments that are a mirror of their traditional finance counterparts. DeFI is making its way into a wide variety of simple and complex financial transactions. It’s powered by decentralized apps called “dapps,” or other programs called “protocols.” Dapps and protocols handle transactions in the two main cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH).We've discussed in previous episodes the difference between centralized and decentralized. Centralized meaning that there is a central point and decentralized meaning there’s no central point of the network and it’s spread over different nodes. DeFi is short for “decentralized finance,” an umbrella term for a variety of financial applications and encompasses so much of the cryptocurrency world. DeFi can be used for lending, borrowing, insurance, asset management, etc. These are perfect examples of the capabilities of a decentralized ecosystem.In its simplest form, DeFi is a blockchain-based financial infrastructure, and generally refers to a collection of protocols built on a public smart contract platform such as Ethereum. DeFi is based on decentralized applications (DApps) and open protocols, instead of requiring brokers such as brokerage firms or centralized administrators such as banks. Let's also see the advantages and disadvantages of DeFi.FOLLOW US ON:Facebook - @crypto101show or facebook.com/The-Crypto-101-Show-100158338867665Instagram - instagram.com/crypto101showTwitter - twitter.com/Crypto101showSign up for our newsletter - thecrypto101show@gmail.com Produced by The Wild 1 Media. Check out our other podcasts-https://darksidediaries.sounder.fmhttps://anchor.fm/ttmyghhttps://anchor.fm/morning-joe-rant-show

What are stablecoins, altcoins and Bitcoin and what are the differences between them?I need to start off by saying this is not financial advice so if you are looking for that this show isn’t for you. The content of this podcast episode is for informational purposes only. The opinions expressed here are not meant to be taken as financial, investment, or any other advice. Navigating the world of cryptocurrency can get confusing with all the technical jargon and can get overwhelming with a bit of a steep learning curve. There’s a lot for newcomers to take in with all of it. One of the most important things you need to know is the differences and similarities between Bitcoin, altcoins and stablecoins. Underneath the umbrella of “Cryptocurrency” all 3 of these branches fit. So let’s take a look at each of them.I want to be extremely upfront that I try my best to leave all of my opinions out of this. I want you to gain your own understanding and beliefs and not be persuaded by me. I hope this helped you gain a better grasp of it. Please remember to share, follow and subscribe for future episodes so you can gain more with your crypto knowledge. Thanks for listening.

An intro to crypto wallets and buying, selling, receiving or sending cryptocurrency coins -So far in the first 4 episodes of the Crypto 101 show you’ve learned what cryptocurrency is, including key terms and what crypto is, why cryptocurrency was created, including a brief history of it, how cryptocurrency is worth anything including its store of value, and if they are safe and defining the difference of being safe to purchase versus safe as an investment. In this episode I want to explain how one would purchase. receive or send different crypto coins or tokens and a basic understanding of types of wallets and how they work.There’s 3 different ways to exchange for coins or receive and send coins and tokens. There’s purchasing crypto through a coin exchange, there’s getting certain coins at specialized ATMs, and the last way is through peer-to-peer exchanges. With all of these options you will automatically need a crypto wallet, that goes for any crypto transaction period. So let’s give you an intro to crypto wallets first. Before you can even purchase or exchange any cryptocurrency you will need a crypto wallet. A crypto wallet is a piece of software that enables you to send and receive cryptocurrencies. When you want to acquire cryptocurrency, whether by purchasing it in a currency exchange or receiving or sending it, you direct the sender to a unique cryptographic address which is issued by the wallet. Wallets can be used to store multiple tokens and coins at once. But it’s important to keep in mind most wallets will only support a limited number of cryptocurrencies.

The question "are cryptocurrencies safe?", is a relatively tricky question to answer. There are a few components that go into this. There are the coins themselves, the blockchain that they are secured with, the exchanges people store them on and purchase them through and also the transactions people can purchase goods, services and products with. So let's break this down into coins, blockchain, exchanges and transactions to get a better idea of what is safe.I want to be extremely upfront that I try my best to leave all of my opinions out of this. I want you to gain your own understanding and beliefs and not be persuaded by me. I hope this helps you gain a better grasp with it. Please remember to share, follow and subscribe for future episodes so you can gain more with your crypto knowledge. Thanks for listening and see you next time.Coins, blockchain, bitcoin, exchanges, crypto, cryptocurrencies, money, safe, security, secure, transactions.

How is cryptocurrency worth anything? How does cryptocurrency have value?I need to start off by saying this is not financial advice so if you are looking for that this show isn’t for you. The questions, “how is cryptocurrency worth anything?”, or “what actual value does cryptocurrency have?” come up all the time. I am not here to convince anyone what has value but I am here to explain the thought process and idea of how it gets its value. Like any currency, cryptocurrencies gain their value based on the scale of community involvement (like the user demand, scarcity or coin’s utility). Successful currencies have six key attributes—scarcity, divisibility, utility, transportability, durability, and their ability to not be counterfeited. An example of a good store of value commodity would be precious metals like gold or silver because their shelf lives are essentially perpetual or never ending. An example of something with a bad store of value would be milk because it will decay and become worthless.Knowing those key attributes let's use the cryptocurrency bitcoin as an example. It has value because it holds up very well when it comes to these six characteristics. Let’s breakdown bitcoin into those 6 key attributes a little further.

I need to start off by saying this is not financial advice so if you are looking for that this show isn’t for you. This episode is specifically about why cryptocurrency was created. Satoshi Nakamoto wrote “The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust.” I am not even going to sugar coat this answer or make you listen to the whole episode to get this answer. I will give it to you straight. The main purpose of cryptocurrency was to create a new way of payment that could be used internationally and globally, it could be decentralized, without having any financial institution behind it, and have a set limited supply of it where no extra currency could be printed or created. So let’s break this down a bit further. We need to kind of understand how the current financial system works to get a more in depth answer and a little history of it all too. Thanks for listening to this episode of The Crypto 101 Show. If you would like to join our email list, email us at thecrypto101show@gmail.com. For more helpful tips su bscribe in your favorite podcast app, so that you don’t miss our next episode.

This is the beginning of your education for cryptocurrency. The 101's of it. It's to help you be ahead of the game and understand the new power structure of money, how important it is with the future, why and what you should know, and how it's the next generation dominance in the financial markets. The 101’s of crypto.Before we start I would like to thank you for listening. This is not financial advice so If you're looking for that this isn't the place for you. The point of this show is for people of all generations, all backgrounds, and all walks of life to get educated in all things cryptocurrency. It’s short, sweet, to the point and condensed down into an easier to digest concept. It’s the 101’s of crypto. So welcome and please remember to subscribe, follow and share if you find this useful. Okay, on that note let's begin. Cryptocurrencies have been here for over a decade but are still relatively new and what you are seeing is the ground floor level being built of a new financial system. It’s never too late to understand it and I think it’s important you made the initiative to be here and learn. I spent the last 4 to 5 years doing my own learning and I find many people asking me questions that require a solid foundation of understanding the basics first. But I don’t want people thinking I am here to lecture you or tell you my opinions on it. This is strictly for you to understand it all. It takes a bit of time but it’s really not that complex. I promise, if I can understand it, so can you. And I will try to explain as basic as I can. But I think this is important for people to start understanding it. So let’s start from the beginning, Let’s break out some terms first for you to grasp before diving straight in. I am going through these because they will be the foundation of understanding cryptocurrency. These terms will be used over and over and over again and the more you understand them the easier it gets. And don’t worry if you don’t remember all of these. Just hearing them more and more will help. This is a marathon not a sprint. So let’s jump in. Join the email list at - thecrypto101show@gmail.com Produced by The Wild 1 Media. Check out our other podcasts-https://darksidediaries.sounder.fmhttps://anchor.fm/ttmyghhttps://anchor.fm/morning-joe-rant-show

Welcome to The Crypto 101 Show, the best place to learn, understand, and grow with your cryptocurrency education for all ages. Starting with the basics to help you get a solid foundation with all things crypto.The point of this podcast isn't to make you rich. It's to help you be ahead of the game and understand the new power structure of money, how important it is with the future, why and what you should know, and how it's the next generation dominance in the financial markets. The 101’s of crypto.