Crypto for Newborns

Latest Episodes:

Crypto for Newborns - Episode 11: Stablecoins May 09, 2021

Show notes

In the volatile world of cryptocurrencies, a bit of stability may provide a breath of fresh air. Welcome to stablecoins, the answer to crypto volatility… or are they? In Crypto for Newborns Episode 11, you’ll learn what stablecoins are, how they work and some of the more popular stablecoins in the crypto market today!

Resources:

Coindesk article: “What Are Stablecoins?”

Benzinga article: “Stablecoins”

CoinMarketcap

CoinGecko

Send your questions, comments, rants and raves about to biff@cryptofornewborns.com.

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Crypto for Newborns - Episode 10: Cocktail Party Crypto Talk, Part Deux May 06, 2021

Show notes

In the cryptosphere, being able to talk the talk will help you walk the walk! In Crypto for Newborns Episode 10 - Cocktail Party Crypto Talk, Part Deux, you’ll learn five more key crypto terms that will help you navigate the basics of a social event crypto discussion.

Without listening to this episode, you may be in the dark when someone refers to a large marine mammal in relation to cryptocurrencies or the type of hands you have determines what kind of crypto investor you are! Confused? You won’t be after listening to this episode!

Resources:

I’ve included two crypto glossaries (also provided in the episode 6 show notes) below if you wish to expand your crypto terminology horizons:

Coinbase crypto glossary

FXCM crypto glossary

Send your questions, comments, rants and raves about to biff@cryptofornewborns.com.

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Crypto for Newborns - Episode 9: Decentralized Finance (DeFi) May 02, 2021

Show notes

In Episode 9, we dive into the world of DeFi, decentralized finance—and it could change banking and other financial services as we know it! Without the middlemen of centralized financial institutions, there’s the potential of getting your cryptocurrency investments working for you with big rewards and higher yields. However, along with the potential benefits come greater risks!

Learn the basics of DeFi, what staking and yield farming are as well as some of the most recognized crypto projects in the DeFi space!

Resources for this episode:

Forkast article -DeFi explained: The guide to decentralized finance

Coinbase – What is staking?

Shrimpy article - Yield Farming vs Staking: How Are They Different?

B2Broker article – Cryptocurrency Liquidity

Links to DeFi projects mentioned:

yearn.finance

aave

uniswap

Thanks for tuning in!

Send your questions, comments, rants and raves about to biff@cryptofornewborns.com.

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Website: cryptofornewborns.com

Crypto for Newborns - Episode 8: Decentralized Exchanges (DEX) Apr 29, 2021

Show notes

Crypto for Newborns Episode 8 introduces the decentralized exchange – DEX. These peer-to-peer exchanges provide a cryptocurrency marketplace for buyers and sellers without centralized authority—and there are definite pros and cons compared to centralized exchanges like Coinbase and Gemini.

Decentralized exchanges provide access to thousands of cryptocurrencies—you can find some real treasures through a DEX—and a lot of crap! But if you’re getting serious about cryptocurrencies, you’ll want to learn about decentralized exchanges.

Reference material from Episode 8:

Article: What Is a Decentralized Exchange (DEX)?

Video: How to Use Uniswp With TrustWallet

Send your questions, comments, rants and raves about to biff@cryptofornewborns.com.

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Website: cryptofornewborns.com

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Crypto for Newborns - Episode 7: NFTs Apr 25, 2021

Show notes

The original GIF of Nyan Cat sold for about $580,000. Lindsay Lohan sold a digital image of her face for $17,000. Twitter CEO Jack Dorsey sold one of his tweets online for $2.5 million. What the hell is going on? Welcome to the frenetic world of NFTs!

In Episode 7 of the Crypto for Newborns podcast, we’ll explore NFTs, what they are, what’s going on with them and references to other sources if you want to dive deeper into this multimillion-dollar marketplace.

Resource material from this episode:

Wikipedia NFT definition

National Law Review article on NFTs

NBA Top Shot

Bad Crypto Podcast about NFTs

The NIFTY Show (NFT podcast from the Bad Crypto Podcast hosts)

Benzinga article “How to Buy NFTs”

After this episode, send your questions, comments, rants and raves about NFTs to biff@cryptofornewborns.com.

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Website: cryptofornewborns.com

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Crypto for Newborns - Episode 6: Cocktail Party Crypto Talk Apr 22, 2021

Show notes

When the pandemic settles down and we all get back to attending social events (like cocktail parties), are you ready to talk about cryptocurrencies--or are you worried that you'll be relegated to the card table with jello molds because you have nothing useful to contribute. You'll have nothing to worry about after Episode 6!

We'll go over five key crypto terms that will make you a confident contributor to the crypto cocktail party conversation!

Below is an article I refer to that includes a great story about one of the five terms. Check it out here!

I've also included two crypto glossaries below if you wish to expand your crypto terminology horizons:

Coinbase crypto glossary

FXCM crypto glossary

Send you questions, comments, rants and raves to biff@cryptofornewborns.com.

Thank you for tuning in!

Crypto for Newborns - Episode 5: Cryptocurrency Wallets Apr 18, 2021

Show notes

In this episode of the Crypto for Newborns podcast, we'll review cryptocurrency wallets which are designed to protect your digital currencies. While they’re not failsafe, cryptocurrency wallets add a much-needed layer of protection and are necessary as you become more advanced in buying, selling and exchanging cryptocurrencies.

I refer to the following resources in this episode:

Coinbase insurance policy

A Comprehensive List of Cryptocurrency Exchange Hacks

Two articles on the different types of cryptocurrency wallets:

What Are the Different Types of Cryptocurrency Wallets?

Types of Crypto Wallets Explained

Reference to one of the most popular crypto wallets on the market:

TrustWallet

TrustWallet Youtube Channel

Please note that the information provided is not intended to advocate investing or trading in cryptocurrencies. Always do your own research!

I encourage you to send your questions, comments, rants and raves to biff@cryptofornewborns.com. You can also visit the podcast website cryptofornewborns.com.

Thank you for tuning in!

Crypto for Newborns - Episode 4: Ethereum Apr 15, 2021

Show notes

The most recognized cryptocurrency on the "block" is Bitcoin, but number two is arguably Ethereum and definitely one of the most important.

One reference made the analogy that Bitcoin is "gold" but Ethereum is the economy. Quite a statement but by no means an overexaggeration.

Ethereum is a driving force in the crypto world and in this episode, you'll find out what Ethereum is, why it's so significant and where to buy it.

Before diving into Ethereum, I reference an article from money.com: What Is Bitcoin and Why Do People Call It the New Gold? It's good read. Check it out!

Other sources/references in this episode:

Crypto terminology covered in this episode:

Ether
DApps
Gas
Gwei
NFTs
smart contracts

This episode is jam-packed but easy to digest! Hey, that's what the Crypto for Newborns podcast is all about!

Any questions, comments, rants or raves, email me at biff@cryptofornewborns.com or visit cryptofornewborns.com.

Thank you for tuning in!

Crypto for Newborns - Episode 3: How to Buy Bitcoin Apr 11, 2021

Show notes

Ready to take the Bitcoin plunge? In this episode, you'll learn how (and where) to buy Bitcoin.

To get started, one of the easiest places to buy Bitcoin is through Coinbase.

To add an extra layer of security to your Coinbase account, you'll be downloading an app called Google Authenticator. I highly recommend doing it!

Have any questions, comments, rants or raves, visit cryptofornewborns.com or email be at biff@cryptofornewborns.com.

Thank you for tuning in!

Crypto for Newborns - Episode 2: What is Bitcoin? Apr 07, 2021

Show notes

In Episode 2, you'll learn what exactly Bitcoin is and how it works.

You'll also learn some key terms (crypto lingo) that you'll hear over and over again in reference to Bitcoin and other cryptocurrencies:

Decentralized
Mining
Proof-of-Work
Blockchain

My information sources include:

For a more detailed explanation of what "mining" is, check out this article on Investopedia - How Does Bitcoin Mining Work?

As you come to understand more about Bitcoin, you'll start to get a better grasp about cryptocurrencies in general!

Any questions, comments, rants or raves after the show? Feel free to email me at: biff@cryptofornewborns.com.

Thank you for tuning in!

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