• Episode 3: What is Cryptocurrency?

  • Jul 27 2021
  • Length: 49 mins
  • Podcast

Episode 3: What is Cryptocurrency?

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  • Summary

    • 0:00 Introduction & Overview
    • 1:49 The Misconception about the Term "Cryptocurrency" 
    • 2:41 Cryptocurrency vs Fiat Currency 
    • 4:53 History of the Term "Cryptocurrency" 
    • 6:56 Bitcoin as "Digital Gold" 
    • 11:00 Meaning behind "Eth is money" 
    • 12:04 Why Do We Need Ether/Bitcoin
    • 17:35 Crypto Assets and What Are They
      1. Securities (The DAO)
      2. Commodities (Ether/Bitcoin)
      3. Properties (NFTs)
      4. Stablecoins (Currency)
      5. Intangible Assets ("Good will" and Company's reputation)
    • 28:35 Current Events: Regulators Cracking Down on Centralized Exchanges and Crypto Banks
      1. "Stock Tokens": Binance, FTX 
      2. FTX Marketing Campaigns: Miami Heat, TSM, Tom Brady
      3. Stablecoins Backed by Securities (Tether)
      4. SEC and US Treasury's Stance on Stablecoins
      5. New Jersey's Cease & Desist to BlockFi


    For feedback and questions: https://twitter.com/ByteSizedEth
    Alexandra: https://twitter.com/alexandravbotez
    Topher: https://twitter.com/topherbenson 
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