Econometrics With Free and Open Source Software - Gretl Tutorial
https://www.youtube.com/watch?v=6rB8g0-pae0
Econometrics is a field of study that allows economists and business people to make future predictions based on historical data. Econometric analysis is a powerful tool, but unfortunately, many econometrics software packages are either cost-prohibitive or too complicated to use. In this post, I'll show you how to get started conducting regression analysis with Gretl which is a free and open-source software package.
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 what a hard fork is, why they happen, and the implications for crypto holders. We will also take a look at some historically important cryptocurrency hard forks. #crypto #ust #luna
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. Does this mean that simply increasing block size is a wonder cure that leads to lower fees and faster processing times, or are there some drawbacks to be aware of? In this video, I'll explain the basics of how blocksize works and describe why determining the "right" block size isn't an easy question. #crypto #btc #bch
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 teaching point, and I think today is a perfect time to deep dive into stablecoins. In today's post, I'll explain what a stablecoin is, why they are used in cryptocurrency, and compare and contrast the different ways in which stablecoins maintain their value.
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 top of the existing chain and requires the "host" chain and the native currency to be used to process its transactions. #crypto #blockchain #eth
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 mitigating factors to consider when it comes to impermanent loss.
For those of you who don't have time to watch the whole video, the key points are that 1) Impermanent loss isn't always a loss per se, but rather the lost value compared to simply hodling the assets. 2) Impermanent loss is a function of the way that DeFi protocols automatically rebalance the ratio of their assets via the AMM algorithm.
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 recent news as a tangible illustration of several monetary and international relations theories. #btc #crypto #education
Beginner's Guide To Google Slides
https://youtu.be/tIKIyULij5M
If you have never created a presentation before and don't want to spend lots of money for PowerPoint, then creating a presentation with Google Slides might be the place to start. Google Slides provides a host of easy to use templates that guide you through the process of creating a fantastic slideshow presentation. In this video, I'll explain the basics of how to create a presentation with Google Slides.
NFT Games VS Traditional Gaming Expectations
https://youtu.be/LRE948sR35w
NFT games are often thought to be a perfect combination of fun as well as earning potential. In theory, blockchain based NFT games are designed to allow players to have a fun, enjoyable gaming experience while also giving players several ways of earning crypto income. In reality, many NFT games lack even the functionality of 80s era games and are mostly point and click games that require significant investments in order to make a decent profit. This isn't to say that all NFT games are terrible, but rather that there is a clear difference between customer expectations for NFT games as opposed to traditional games. Exploring those differences is the subject of this video. #nft #cryptogaming #crypto
References
https://social.battlegamesnfts.com/spt/@schubes/thoughts-on-splinterlands-update-as-a-new-player
https://wax.atomichub.io/
https://www.coingecko.com/
https://alcor.exchange/
https://thenextweb.com/news/so-you-bought-an-nft-doesnt-mean-you-also-own-it-syndication
https://dappradar.com/rankings/category/games
Counif Statements in Google Sheets
https://www.youtube.com/watch?v=x3XGkPWyPRE
Countif and Countifs statements in Google Sheets are fantastic tools that allow you to return a count of the number of cells that meet certain criteria. For example, the countif function in Google sheets could help a manager count the number of teams that met their sales goals for the past three quarters while also maintaining above 90% customer satisfaction. In this post, I'll explain how to get the most out of Google Sheet's countif and countifs functions.
Send Automatic Emails With Google Sheets + Google Forms📧
https://www.youtube.com/watch?v=VHeiN9oWBGQ
Imagine that you have a business that accepts orders online via the free to use Google forms program. More than likely, you would want to send automatic emails to your customers to confirm their orders, but you would also want to personalize the email based on the responses to the initial form that the customer submitted. In this video, I'll show you how to easily send automated, customized emails in response to customer inquiries by using a combination of Google Forms, Google Sheets, and the Mergo mail merge program.
Easy Data Collection with Google Forms
https://www.youtube.com/watch?v=MQMGPxyE0Wo
Google forms allows you to easily gather data, conduct online polling, accept reservations, get customer feedback and so much more. Not only does Google forms allow you to easily gather data, Google forms also allows you to pull data directly from your forms into a spreadsheet for further analysis which reduces the time and error potential associated with manually entering data.
Pivot Tables With Google Sheets - Easy Tutorial🎓🍎
https://youtu.be/jJxmK7fsQ5w
Creating pivot tables with Google Sheets is an effective way of summarizing data and identifying key patterns and trends with minimal effort. Not only are pivot tables simple to use, they are extremely powerful and being able to create pivot tables with Google Sheets is a great skill to have.
How to Calculate Correlation With Google Sheets
https://www.youtube.com/watch?v=8lL0obYm61w&feature=youtu.be
In this post, we will learn how to generate a correlation coefficient using Google sheets with crypto as an example. Although correlation doesn't imply causation, it can be a good first step for conducting analysis and asking questions such as "Does Bitcoin price increase with inflation" or "Do altcoins pump when BTC pumps?" Although we are using crypto prices in this video, that is solely for demonstration purposes and should not be indicative of any potential for future performance.
Google Sheets Tutorial - VLOOKUP Made Easy
https://www.youtube.com/watch?v=xxDRidc30Zs
Conducting a VLOOKUP in Google Sheets allows you to quickly lookup and retrieve data without having to search through your entire spreadsheet manually. In today's post, I'll show you how to quickly and easily create a VLOOKUP with Google Sheets. #google #googlesheets #techtutorial
Web Scraping With Google Sheets! - SUPER EASY Tutorial!!
In this video, I'll show you how to web scrape with Google Sheets and use Google Sheets to import data for further analysis. In this video, you'll learn the basics of web scraping as we design our very own crypto portfolio value tracker that pulls crypto prices directly from CoinMarketCap. Although web scraping is a powerful tool, its always important to be considerate of the websites ToS, so keep that in mind when designing your application. #data #googlesheets #datatutorial https://www.youtube.com/hashtag/data https://www.youtube.com/hashtag/googlesheets https://www.youtube.com/hashtag/datatutorial
https://youtu.be/tNGkA4iACKA
Time For a Break From Crypto - Here's What's Next For the Channel
https://www.youtube.com/watch?v=2tAEt7GLfhs
For the past two years, my channel has been devoted almost exclusively to crypto content, and I feel that the time has come to return to the roots of the channel by talking about a wide range of topics. Crypto will certainly play a role, but I want to cover more topics as well. In today's post, I'll explain the basics of how to use Google sheets to create a basic crypto portfolio tracker. In future videos, we'll spice the tracker up and pull data directly from web pages and create graphics to represent our crypto holdings, but this first video is definitely intended as a basics class to get newbies up to speed with the fundamentals of Google sheets.
Cryptocurrency Executive Order - What Does It Mean?
https://www.youtube.com/watch?v=83PT6VA-vPc&feature=youtu.be
US President Joe Biden recently signed an executive order that directed various US government agencies to study a wide range of cryptocurrency related topics including future regulation, consumer protection safeguards, and the possibility of a CBDC (central bank digital currency). Although the executive order itself is worth a read, I think that the reaction to the executive order serves as a good reminder of why doing our own research and fact checking our sources is important.
Note: After recording the video, it appears that Kiyosaki's initial prediction was made even BEFORE the executive order was released, so bear this in mind when watching the video. Rather than weakening the points in this video, I think that makes the points of the video even more pertinent because Kiyosaki's dreary prediction wasn't a result of the EO, but rather an anticipation of the EO.
References
https://twitter.com/theRealKiyosaki/status/1501239532158693376
https://www.whitehouse.gov/briefing-room/statements-releases/2022/03/09/fact-sheet-president-biden-to-sign-executive-order-on-ensuring-responsible-innovation-in-digital-assets/
https://www.forbes.com/sites/jasonbrett/2022/03/11/bidens-new-executive-order-on-digital-assets-fuels-us-crypto-economy/?sh=7d3ecfd277af
Crypto, Russia, Ukraine, and Lessons to Be Learned
As we witness the ongoing war in Ukraine, there are so many lessons to be learned with regards to political strife, conflict, and the struggle for power. Although those issues clearly take center stage, I do think the conflict in Ukraine also has several important lessons that we should keep in mind regarding cryptocurrency, its future, and its use cases.
https://www.youtube.com/watch?v=mm0kw-mR-ZA&feature=youtu.be
References
https://weraveyou.com/2022/02/ukrainians-are-converting-their-assets-into-crypto-to-avoid-bank-restrictions/
https://www.cnn.com/2022/02/24/business/cryptocurrency-bitcoin-russia-sanctions/index.html
https://www.technologyreview.com/2022/02/25/1046525/ukraine-is-turning-to-online-crypto-crowdfunding-to-fund-its-fight-against-russia/
https://fortune.com/2022/02/24/ethereum-vitalik-buterin-twitter-russia-ukraine-invasion-crypto-bitcoin-price/
Crypto and the Canadian Trucker Protest.....What Can We Learn?
Michael Saylor is one of the most well known cryptocurrency advocates. Thanks to his bold move of investing in BTC, his company earned a hefty reward, and Saylor has been able to use this success to showcase the merits of crypto. Although I tend to agree with most of his comments regarding cryptocurrency, I think that the recent Canadian Trucker Protests should cause us to re-examine one of his conclusions. In this post, I will do my best to make the case that holding crypto with a third party custodian that provides fiat settlement services more or less re-creates the existing financial system under a different name and negates the peer to peer nature of cryptocurrencies in favor of convenience. #bitcion #crypto #cryptocurrency
https://www.youtube.com/watch?v=UG83wte2Hdw&feature=youtu.be
References https://bitcoin.org/bitcoin.pdf https://twitter.com/saylor/status/1313494150554308615 https://twitter.com/APompliano/status/1495038292773019655 https://www.cbc.ca/news/politics/ottawa-protests-frozen-bank-accounts-1.6355396
Roadmap vs Whitepaper - What's The Difference?
https://www.youtube.com/watch?v=pZ86DOZO1Gg&feature=youtu.be
Although a cryptocurrency whitepaper and a cryptocurrency roadmap are both tools that can be used to learn more about a cryptocurrency and understand its purpose, some people want to dive into the specific details and understand the differences between these two documents. In this post, I'll answer a viewer question and describe what a cryptocurrency whitepaper is, how it works, and most importantly, how reading a whitepaper can help you to better understand a cryptocurrency project and determine whether its a project you're interested in.
Staking vs Lending Crypto - What's The Difference, and Does It Matter?
Staking and lending are both ways of earning additional passive cryptocurrency income and many beginners can easily confuse the two. Although staking and lending are similar in that they allow users to earn additional crypto, they differ in several important ways including risks, benefits, and utility. In this post, I'll give a beginner's overview of the differences between staking and lending. As always everything in this post is my own opinion, is not financial advice, and is not an endorsement or dis-endorsement of any coins, projects, or companies.
https://www.youtube.com/watch?v=1Hu7R0u9RNs&feature=youtu.be
How "Storing" Cryptocurrency Works- Crypto Whiteboard 101
If you're new to cryptocurrency, you might have heard that cryptocurrency is a type of "digital asset" that doesn't exist in physical form and should be stored in a cryptocurrency wallet. However, the term "wallet" can be a bit confusing in that even a cryptocurrency "wallet" doesn't actually store cryptocurrency at all and there is absolutely zero Bitcoin, Ethereum, or any other cryptocurrency actually stored "in" your cryptocurrency wallet. Rather, wallets are a way of storing public and private keys that allow you to access certain funds on the blockchain. If you're a bit confused, then this beginner tutorial is just for you!
https://www.youtube.com/watch?v=XHHuW8kAP5w
As always, nothing is financial advice, all opinions are my own, and thanks for stopping by!
Web 3.0 Explained For Beginners - Crypto Whiteboard 101
Web 3.0 has become a popular buzzword in the cryptosphere lately, but what is Web 3.0? How does Web 3.0 differ from Web 1.0 or Web 2.0 and what role do cryptocurrencies and blockchains play in the future of the internet known as Web 3.0? Lastly, what are purported benefits, as well as criticisms, of Web 3.0? I’ll do my best to provide a beginner’s overview of Web 3.0 in this video.
https://youtu.be/PrnYB78iMNw
Not financial advice in any way, all opinions are my own.
References
https://coinmarketcap.com/alexandria/article/what-is-web-3-0
https://www.npr.org/2021/11/21/1056988346/web3-internet-jargon-or-future-vision
Paid to Play???? A Look Inside The World of Blockchain Gaming
Play to earn, sometimes called P2E is a form of online gaming in which users are rewarded with cryptocurrency (and sometimes nfts) for playing various cryptocurrency games. Although it is certainly to monetize traditional gaming by becoming a streamer or getting sponsorships, play to earn gaming is different in that the use of cryptocurrency and blockchain technology allows the reward mechanism to be built into the game itself instead of being dependent on external sources. In today's post, I'll explain the basics of play to earn gaming, describe how p2e games utilize cryptocurrency, and also share some of the pros and cons of p2e games vs traditional gaming experiences.
https://www.youtube.com/watch?v=QA8PRoo_KLo
As always, this should be considered strictly educational content that expresses only my own opinions and is not designed to approve or disapprove of any specific projects.
Rug Pulls, Pump and Dumps, and Other Crypto Scams To Watch Out For in 2022
https://www.youtube.com/watch?v=SPz4KlA3kUk
As we enter 2022, there is a lot of uncertainty in the crypto market. We don't know what the price of Bitcoin will be or how new regulations will affect stablecoins, but there is one think I can guarantee with 100% certainty.....there will be lots of hard working, intelligent people working day and night to do their best to....steal your crypto. Obviously, nobody wants to get scammed, so in today's post, I'll share some of the most common forms of scams I've come across during my years in crypto so that you can be on the lookout to protect your coins!
What Are Governance Tokens and How Do They Work - Extended Edition
Governance tokens are a type of cryptocurrency that gives users the ability to vote on updates and changes to cryptocurrency and blockchain projects, but how exactly do these governance tokens work? How are governance tokens distributed, and are there any rewards for holding governance tokens. Although many people know that governance tokens allow users to vote on changes to blockchain projects, how are those changes actually processed? How are governance tokens similar to traditional stocks, and how are they different? In this post, I'll do my best to explain what governance tokens are and how they work.
https://www.youtube.com/watch?v=XbrkBve_Kug
References
https://www.gemini.com/cryptopedia/defi-solutions-decentralized-governance-meaning#section-governance-tokens
https://medium.com/compound-finance/compound-governance-5531f524cf68
https://www.coinbase.com/learn/market-updates/around-the-block-issue-13
https://medium.com/multi-io/explained-defi-governance-tokens-23a76e4df543
How To Explain Crypto to Friends and Family - Crypto Whiteboard 101
Picture this, you're sitting down for Christmas dinner and Aunt Sally is fussing a little Susie for kicking her feet under the table and telling her that she will not be getting any dessert till she finishes the green beans that your grandmother cooked. To your right, Uncle Frederick is off on a political tangent, and you are just sitting there between them picking at some cranberry sauce that you really don't want to eat trying to stay out of the middle of it. You're trying to keep a low profile when out-of-the-blue Grandpa Jedediah looks straight at you and asks what you are doing these days with your career. Your mind goes blank because you did not prepare for this. Sure, you can explain the intricacies of proof of stake vs proof of work, but **how do you explain to Grandpa Jedidiah what cryptocurrency, why it matters, and why you have made it your full-time job?**
https://www.youtube.com/watch?v=PXT7MDLKmK8
In my opinion, explaining cryptocurrency to people that have never heard of it before is much more difficult than explaining complex technical details to crypto veterans, so in this post, I wanted to share one of my favorite ways of explaining cryptocurrency to friends and family who have a genuine interest but may not have a technical background in the subject.
**"Cryptocurrency is a modern type of money for the 21st century that brings the benefits of cash to the internet era. It promotes fairness, equality, and empowers people to take control of their financial future. "**
Although it's not a perfect definition, I think it strikes a reasonable balance between being complete, hitting most, but not all, of the key points, while also not being so lengthy and dull as to put someone to sleep. Further, I think that by using a variety of terms such as fairness, equality, and financial empowerment, this definition resonates with a wide variety of people regardless of what their specific interests are.
Of course, this is simply one definition of cryptocurrency, and I'd be interested to know what definitions that you use. What's the language that you use when explaining cryptocurrency to someone completely new to the subject?
As always, thanks for reading, and nothing is financial advice
What is The Metaverse? - Crypto Whiteboard 101
After Facebook (Meta) announced its rebranding strategy back in October 2021, the term metaverse exploded in popularity, and many metaverse related cryptocurrencies such as the Sandbox's Sand token and Decentraland's Mana token experienced significant price spikes as the concept of an immersive digital experienced the mainstream consciousness. In today's post, I'll do my best to describe what the metaverse could look like and what role cryptocurrencies and blockchain could play in this future digital reality.
https://www.youtube.com/watch?v=zJKTSZp5KiE
Thanks for reading!!
References
https://www.gemini.com/cryptopedia/what-is-metaverse-crypto-nft-game-blockchain
https://about.fb.com/news/2021/10/facebook-company-is-now-meta/
As always, nothing is financial advice, any mention of specific projects or coins is for educational and illustrative purposes only.
What Is Self-Custody? - Crypto Whiteboard 101
Cryptocurrency can either be stored with a third party custodian for safekeeping or stored in a wallet that you take sole responsibility for. Each method of storing cryptocurrency has its advantages and disadvantages, so **in today's post, I'll explain the differences between keeping your cryptocurrency with a third party custodian vs keeping it yourself.** As always, nothing is financial advice and the content in this post is solely my own opinion.
https://www.youtube.com/watch?v=cOvI9hwUwAY
Although the full details are discussed in the video, there are a few points to keep in mind when discussing the difference between storing your crypto on an exchange vs taking self custody and storing your crypto in a wallet that only you have access to.
Self-custody generally requires YOU to take more responsibility for your funds. If you loose your device without backing it up, that crypto is gone forever. On the flip side, self-custody is more private, comes with less restrictions, and gives you true ownership of your crypto
Storing your crypto with a custodian generally comes with more safeguards and insurance policies but is also associated with less control of your assets. Although the assets still belong to you, the institution will usually require documentation to establish an account, and there may be restrictions regarding how much crypto you can withdraw at a time. Exchanges are big targets for hackers, and major hacks certainly aren't unheard of. That being said, most leading exchanges do provide insurance for their customers. Because custodians safeguard your funds for you, loosing your phone or computer doesn't necessarily mean that you will lose your crypto, and resetting a password to gain access to you funds with a crypto custodian is MUCH easier than trying to recover crypto from a lost wallet (which is exceedingly difficult if not impossible).
As always its important to make the decision that best meets your needs and specific circumstances. Thanks for reading!
References
https://www.investopedia.com/terms/c/custodian.asp
@The.Part.Time.Economist
