{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Introduction to Cryptocurrency Investing","description":"Curtis Chappell of Blockchain Collective joins us again for an introductory conversation around cryptocurrency and investing. Our discussion starts with distinguishing blockchain software from the cryptocurrency projects that utilize its infrastructure. We learn that crypto isn\u2019t just a means of exchanging financial value, but is also created as tokens representing a myriad of values in business solutions. Things really get going when comparing our traditional view of investing with the new landscape of digital dollar projects and how to capitalize on coins. Grab your pen and a journal \u2026 Curtis drops an immense amount of knowledge for navigating this space and also reveals some passive income opportunities and projects he\u2019s excited about. He also shares real experience as an active user of bitcoin, bitcoin cash, and other coins that are currently accepted in everyday transactions, from bar food to paying your utility bills with cryptocurrency. Here we go!. Show Notes: 1:42: First Movers Advantage: Bitcoin and #namerecognition 3:04: Bitcoin = financial value, but many cryptos specialize in solving real world business problems. 4:02: Where does the term \u201ccryptocurrency\u201d come from? #cryptographichashing #dataencryption 4:28: The science of \u201ccryptography\u201d and encoding information. 6:00: Centralized finance systems & decentralized finance systems.  #goldstandard #federalreserve #decentralized 8:05: Bitcoin\u2019s finite ceiling of 21 million bitcoins ever available\u2014can never be deflated. 9:50: Investing: a system with its own language. Now cryptocurrencies? 10:48: Value of money, PE ratio and a quick accounting lesson. 12:06: Crypto itself  doesn\u2019t create revenue or earnings.  12:45: Price Discovery = Everyone\u2019s best guess. \u201cBuyer beware\u201d of influencer project validity. Insight on how to research which projects to invest in. *We are not providing financial advice, we are not financial advisers, you must do your own due diligence. 15:40: The influencer industry and projects that are complete scams. Coinmarketcap.com, coingecko.com \u2014 the first 100 projects are probably legit. 17:45: What is a crypto exchange? Cryptos can be different values on different exchanges. 19:40: Cryptos that are money vs cryptos that are projects. 20:40 Some problems: cryptos are difficult to purchase & manage. 21:00: \u201cTransactional Time\u201d = \u201ctransactions\/second\u201d which crypto is currently not convenient compared to credit cards. 22:42: Bitcoin addresses, \u201con-chain forensics\u201d and public networks. 23:23: Privacy coins mask transactions for safety. 23:36: Utility tokens: you hold on to the token and get benefits from the business. 24:20: \u201cGas\u201d tokens, etc. ONT & ONG for example. 26:50: So which cryptos do you spend and which ones do you keep? 29:45: Insight on using crypto transactionally (Bitcoin Cash for one) 30:30: \u201cSatoshi\u2019s Living Room\u201d for paying bills with crypto. 31:10: Cryptocurrency is volatile, but blockchain isn\u2019t like cryptocurrency projects. 32:50: Ethereum; blocktivity.io. 33:50: dApp compared to App 34:10: Passive income tokens. \u2028 35:00: \u201cStaking\u201d = token in a wallet on a network participating in \u201cproof of stake\u201d with rewards. 35:30: Cardano, peer reviewed white papers, think through conceptually and use applied science and cryptography and programming. 36:55: Icon (ICX) - chrome extension wallet for staking tokens which pay out every day, plus compounding options. 38:00: Master nodes. 39:09: Mining with quality computers. 40:46: Staking pools. 42:14: Find a project you believe in and learn as much as you can. Telegram and reddit are both places to find interesting projects. 43:00: Bonus Cardano information: ethical blockchain. 44:50: The concept of wallets in crypto: merely a window into what you own. . A reminder that Blockchain Collective\u2019s 6-Week Applied Blockchain Intensive Course will open up on September 24, 2020. Remember to use our promo code \u201cAlpha200\u201d for a $200 discount and join Jacki as she will be in this class! https:\/\/bit.ly\/38YJhGCPROMO CODE FOR $200 DISCOUNT WHEN YOU REGISTER: Alpha200 (case sensitive)..\ud83e\uddd8\ud83c\udffb\u200d\u2640\ufe0f Experience The Alpha Drop through Meditation: https:\/\/bit.ly\/TheAlphaDropFBMeditationGroup \ud83e\udd33\ud83c\udffc Connect with us on IG: https:\/\/www.instagram.com\/TheAlphaDrop \ud83d\udcbb Be a part of our conscious community on FB: https:\/\/www.facebook.com\/TheAlphaDrop\/ \ud83d\ude4b\ud83c\udffb\u200d\u2640\ufe0f Get In On Crypto: bit.ly\/TheAlphaDropCoinbase ","author_name":"The Alpha Drop","author_url":"http:\/\/thealphadrop.libsyn.com","html":"