Too Busy For Crypto

The Why of Crypto

Free yourself. Cryptocurrency is a tool that enables motivated individuals to reclaim power and dignity from a legacy financial system that extracts power and dignity from us.
Author Simon Sinek talks a lot about answering the question of Why, in contexts like business, politics, and social movements. In his book "Start With Why", Sinek presents a pattern to answer the questions of Why, then How, then What, in that order. Based on this structure, I will discuss Why Cryptocurrency.
This podcast promotes financial literacy and cryptocurrency literacy because I believe this knowledge can make the difference in ensuring our financial and personal freedom. We must acquire and articulate ideas that promote financial and personal freedom if we are to escape our rat race by gaining financial and personal security.
This podcast is not financial advice or trading advice. Enjoy!

Calling Crypto a Commodity

People in the world of traditional finance are struggling to define cryptocurrency and put it in a box. The box determines the regulation and taxation associated with the interface between the world of financial middlemen and the world of crypto. One possible outcome is that some or all cryptocurrencies become classified as commodities.
This episode, I discuss some definitions of commodities and how cryptocurrency can fit with those definitions. This is entry level information that may encourage you to do your own research.
The right knowledge at the right time and can make the difference between freedom and slavery.
This podcast promotes financial literacy and cryptocurrency literacy because I believe this knowledge can make the difference in ensuring our financial and personal freedom. We must acquire and articulate ideas that promote financial and personal freedom if we are to escape our rat race by gaining financial and personal security.
This podcast is not financial advice or trading advice. Enjoy!

HEX and ’Number Go Up’

For any investment, all most people ultimately care about is price. A phrase that summarizes this mentality is 'Number Go Up'. This episode I frame positive HEX characteristics with respect to the phrase 'Number Go Up'. I make a case why HEX is structurally positive for unit price and unit count without making price predictions.
In previous episodes, I have discussed basics about crypto, such as risks, terminology, and perspective. If you are unfamiliar with cryptocurrency, please listen to my early episodes titled "Risks and Warnings", and "What is Crypto?". Cryptocurrency is software, and it is the best performing asset class in history. Extreme price volatility has been the trade-off for that performance.
This podcast IS for fans of cryptocurrency who want to learn more or better articulate what they know. This podcast IS NOT financial advice or trading advice! This is education for financial literacy and cryptocurrency literacy. Enjoy.

Interest Rates and the Economy

This episode dicusses interest rates and the economy to promote financial literacy. My hope is that by listening, you may better understand or articulate the relationship between interest rates and cost of capital, which affects the entire economy, including asset prices.
This podcast is for people who want to increase their financial literacy and cryptocurrency literacy. None of this is financial advice. This is education. Enjoy.

How a DEX Works (Decentralized Exchange)

Most people have no idea what a DEX is or how it works. DEX is short for Decentralized Exchange. It is synonymous with AMM, or Automated Market Maker. Holders of Real Crypto can use a DEX to trade cryptocurrency with other holders of Real Crypto in a manner consistent with Decentralized Finance.
A DEX is a key component of Real De-Fi (Decentralized Finance). Since most people who think they are in crypto are not in Real Crypto or Real De-Fi, understanding how to use a DEX instead of a CENEX (Centralized Exchange), is essential for escaping Fake Crypto and Fake De-Fi, and using cryptocurrency as it was intended: with no middlemen or centralized control.
This episode, I will discuss the basics for understanding DEXes. I compare a DEX to a CENEX. I discuss aspects such as an order book, order router, inventory, liquidity providing, liquidity pools, fees, slippage, market orders, limit orders, and viewing trading pairs as ratios.
 
In previous episodes, I have discussed basics about crypto, such as risks, terminology, and perspective. If you are unfamiliar with cryptocurrency, please listen to my episodes titled "Risks and Warnings", and the episode "What is Crypto?". Cryptocurrency is software. It is the best performing asset class in history. Historically, extreme price volatility has been the trade-off for that performance. Those of us who participate should educate ourselves accordingly.
This podcast IS for fans of cryptocurrency who want to learn more or better articulate what they know. This podcast IS NOT financial advice or trading advice!

Inflation and M2 Dollar Supply

This episode continues the theme on inflation data. The St. Louis Federal Reserve FRED website publishes data such as the M2 Dollar Supply series. This chart shows how the supply of dollars available to the public has increased from 1980 to today (2023). Monetary inflation leads to price inflation.
https://fred.stlouisfed.org/series/WM2NS
We must understand the problem of limitless inflation in order to identify the solution of limited inflation.
This podcast is not financial advice. This is educational content to promote financial literacy. I hope you learn something or learn a new way to articulate these ideas. Enjoy!

Inflation and the Purchasing Power Index

Did you know the modern dollar has depreciated 97% since it was created in 1913?
Inflation is the silent threat to individual wealth in the modern world. Purchasing Power depreciates as a currency inflates. A common way to visualize dollar depreciation is through the Purchasing Power Index Chart published by the St. Louis Federal Reserve FRED website.
https://fred.stlouisfed.org/series/CUUR0000SA0R
This episode discuss this chart, the data, and some history behind the data. This is a an entry point to discussions about the twin scourges of central banking and fiat currency. This podcast is not financial advice. This is educational content to promote financial literacy. I hope you learn something or learn a new way to articulate these ideas. Enjoy!

Hex Mining and T-Share Mechanics

When anyone is researching HEX, it is a magical time when they first ask the question: So, what IS a T-Share? T-Shares are HEX miners. T-Shares mine HEX inflation. Shares share the HEX inflation that is distributed to Shares. HEX has an systemic annualized supply inflation of 3.69%, and it has to go to someone. Instead of going to everyone, it goes to those with Shares. Shares may be acquired with HEX. HEX may be acquired with Shares. This explanation scratches the surface. Please listen if you wish to learn more.
In previous episodes, I have discussed basics about crypto, such as risks, terminology, and perspective. If you are unfamiliar with cryptocurrency, please listen to my episodes titled "Risks and Warnings", and the episode "What is Crypto?". Cryptocurrency is software. It is the best performing asset class in history. Historically, extreme price volatility has been the trade-off for that performance. Those of us who participate should educate ourselves accordingly.
This podcast IS for fans of cryptocurrency who want to learn more or better articulate what they know. This podcast IS NOT financial advice or trading advice!

Got Yield?

What is Yield? This episode discusses yield in the context of financial literacy. I begin by discussing living yield, mineral yield, business and land. Then I discuss major classes of debt and equity financial products that include bonds and stocks. These ideas are foundational to be able to think about how yield works in cryptocurrency. For cryptocurrency, I only discuss the difference between custodian yield ("fake crypto") and custody-free yield ("real crypto"). This is general education and is not financial advice.
In previous episodes, I have discussed basics about crypto, such as risks, terminology, and perspective. If you are unfamiliar with cryptocurrency, please listen to my episodes titled "Risks and Warnings", and the episode "What is Crypto?". Cryptocurrency is software. It is the best performing asset class in history. I invite you to learn why.

Bubba Uses DeFi Part 2 - Getting Real Crypto

In previous episodes, I have discussed generalities about crypto, such as risks, terminology, and perspective. This episode I will offer narrative story about how Bubba Uses DeFi. In this story, Bubba will start with dollars, then take a journey from fake crypto to real crypto on the Ethereum Network where Bubba acquires HEX and stakes it.
Part 1 covers the "on-ramping" process of going from Dollars at a bank, to buying stablecoins on a centralized exchange, to moving those stablecoins from the exchange to a personal wallet. Part 2 covers using a decentralized exchange to trade stablecoins for HEX, then staking the HEX.
My intent is to offer tangible details that allow any person to better understand and articulate one avenue to turn Dollars into Crypto with minimized reliance on centralized middlemen. This story is not a comprehensive description, and may include errors or inconsistencies. This story is not to encourage you to participate. If you are a no-coiner who has never participated in crypto, you will become aware of costs and technical nuances that no-coiners don’t know to research ahead of time. Historically, most people in crypto have learned by experience and lost money as part of the learning process.
Please listen to my first four episodes on risk, downsides, and disclaimers, if you have not already. Those first episodes on Crypto-Negatives are meant to anchor my more Crypto-Positive content. I consider this episode Crypto-Postive.
This podcast IS for fans of cryptocurrency who want to learn more or better articulate what they know. This podcast IS NOT financial advice or trading advice!