Bitcoin, Africa, And The International Monetary System https://youtu.be/vKjT0d-KumE It was a big week for cryptocurrency with the announcement that the Central African Republic has become the second country to adopt Bitcoin as a national currency. Although that is certainly a cause for celebration among the Bitcoin community, I think this decision has broader implications not just for crypto but the larger international monetary system. In today's post, I'd like to use this…
What Is Impermanent Loss - DeFi Made Simple 🤓 https://www.youtube.com/watch?v=nKjti1x_seM Impermanent loss refers to a situation in which a person can "lose" money lending cryptocurrency on DeFi protocols while simultaneously increasing the value of their holdings. In my opinion, impermanent loss is one of the most difficult crypto concepts to understand which is why I made this beginner-level video that explains what impermanent loss is, how impermanent loss works, and…
Coins VS Tokens - Is There a Difference, and Does It Matter?🤔 https://www.youtube.com/watch?v=T3FG-rkfww4 What's a cryptocurrency token, what's a coin, and does the difference even matter? In today's post, I'll provide a beginner-level overview of the difference between cryptocurrency coins and crypto tokens. To briefly summarize, a coin is the native asset of a blockchain that is used to fuel the blockchain and carry out transactions whereas a token is an asset that runs on…
Not So Stable??? - An Analysis of Stablecoins https://www.youtube.com/watch?v=-DPifouB5WY The recent collapse of the Terra ecosystem and the Luna cryptocurrency has left many investors holding worthless bags of a failed crypto, and the collapse of the UST stablecoin has shaken the confidence that many crypto investors had in stablecoins. Although I can't get into any coin specific analysis, I do think the collapse of the Terra cryptocurrency ecosystem presents a valuable…
Speed, Fees, and Decentralization - Why Blocksize Matters. https://youtu.be/TZ51OywENR4 In contrast to other forms of payments, cryptocurrency transactions are not processed sequentially. Rather groups of transactions are bundled into "blocks" that are then processed and added to the blockchain. However, there is a finite limit to how many transactions can fit into each block on the blockchain, and competition to be included in a block leads to high fees and long wait times.…
Airdrops, Splits, and Crypto Forks Explained https://www.youtube.com/watch?v=7OO2_oSiZPQ After witnessing the complete and total annihilation of the Terra ecosystem over the past few weeks, many people are excited about the possibility of a hard fork breathing new life into the Terra ecosystem, revitalizing the project, and hopefully making good on some of the losses that Luna holders suffered.....but what even is a hard fork in the first place? In today's post, I'll explain…
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