The Venezuelan government released the Petro in 2019... Sort of. Cryptocompare.com says they have no data about what the current price is, and Coin Market Cap doesn't list it at all. It seems that it was a state-sponsored scam. A government releasing their own crypto isn't so important to the long-term success of the market. Cryptocurrencies are already finding adoption in one way or another - used in commerce or as fund-raising tools for new companies - in the world's largest nation: the ...
Feb 11, 2019•7 min
Since 2015, hundreds of people have gone to Acapulco every year to celebrate liberty, and discuss how to make the world more free. Some of them decided to never leave, and some decided to keep coming back. In this episode, Kurt is joined by Acapulco expatriate Michael Nimetz, and Anarchapulco performer, MC ELAmental. If you've ever worked in a large organisation, you probably know that the rule is "The left hand doesn't know what the right hand is doing." That's why Michael is presenting a works...
Feb 10, 2019•1 hr 12 min
After a solid year of bitcoin making low after low, you might think that it will continue to make new lows. You might even be so confident as to sell bitcoin short - that is, to borrow bitcoins in order to sell them, and profit when it goes lower. Would that be a smart move in market like this? Or would the opposite action be correct - has crypto been going down for so long that it's "due" for a turn around? Should you invest in cryptocurrency now, in February 2019? The other day I spoke with lo...
Feb 04, 2019•10 min
According to Warren Buffett, there are two rules to making money: 1. Don't lose money. 2. Don't forget Rule #1. Sounds pretty obvious, but the question is how to apply it to build your wealth over time? One vital tool is asset allocation - carefully dividing your portfolio over several markets, and rebalancing when they gain or lose share. Purchase a Trezor to keep your crypto safe: https://trezor.cryptonomics.space Please upvote on Steemit: https://www.steemit.com/@cryptonomics1 Wa...
Jan 28, 2019•9 min
Is bitcoin going to zero in 2020? Probably not. I sat down with long-term Bitcoin enthusiast and smart guy, Chris Guida, to discuss this question. Chris's response was, the longer something continues, the more likely it is to continue. Bitcoin has been around for ten years, and so it's likely it will be around for ten years more. We also discussed the potential threats to cryptocurrency - some undiscovered bugs, states messing with it, sending NSA spies onto the dev team. Purchase a Trezor...
Jan 24, 2019•11 min
The other day I sat down with my friend Chris Guida, long term Bitcoin enthusiast, software developer and all-round nice guy, to discuss some questions about cryptocurrency that people had raised on the Internet. Please upvote on Steemit: https://www.steemit.com/@cryptonomics1 Watch on BitTube: https://bit.tube/theparadiseparadox Website: https://cryptonomics.space Facebook: https://www.facebook.com/cryptonomics.space YouTube: https://www.youtube.com/c/TheParadiseParadox...
Jan 22, 2019•13 min
Patreon has blocked YouTuber Sargon of Akkad for dropping N bombs, calling it hate speech. Now many customers and creators are leaving Patreon even if they don't like Sargon. Turns out when it comes to people spending their money, they don't like being Patreon-ised. Purchase a Trezor to keep your crypto safe: https://trezor.cryptonomics.space Please upvote on Steemit: https://www.steemit.com/@cryptonomics1 Website: https://cryptonomics.space Facebook: https://www.facebook.com/c...
Jan 14, 2019•10 min
Since the dawn of man, and maybe a few hours before, people have been using psychedelic substances to expand their consciousness, give them a greater perspective, and get in touch with something divine. Psilocybe mushrooms, peyote and other substances were seen as holy, a sacrament, a way to connect something deep within us. These days, many might consider that superstition, but as the public discourse and awareness of psychedelics grow, more people are talking about the sacraments' relationship...
Jan 11, 2019•1 hr
If you want to invest in crypto or stocks or even your own business, you need to get capital first. I know from experience that saving small amounts of money every week can add up over the years. But you gotta find that money to save, to put that money into a fund to buy your own financial freedom, and it all starts with paying yourself first, being conscious of your money, learning restraint, and being grateful. You Need A Budget review: https://beeverythingbeautiful.com/the-best-bud...
Jan 07, 2019•9 min
In 2017, Kurt was deported from Mexico for overstaying his tourist card, serving as a warning to all those ex-pats who let their papers lapse. In the detention centre, he met many fascinating characters, a kind drug-dealing hippie, a Romanian credit card fraudster, many Central Americans and many Indian gentlemen, trying to get to the United States to earn an honest living. In this episode Kurt is joined by former Paradise Paradoxian, Mr. Aaron Battle, and we discuss being deported, the culture ...
Dec 29, 2018•40 min
Is it possible to become financially free within 4 years, the same amount of time it takes to complete a university degree? Maybe. In December 2018, the crypto market is lower than it's been in 16 months. That will send many running, but for contrarians looking for an opportunity, it looks great. Of course, to take advantage, you need to be careful with your money. Pay yourself first, tighten your purse strings, and remember your legacy. Then, glory may await you on the other side. Little mistak...
Dec 17, 2018•9 min
In March 2017, I lost all of my bitcoin on a Brazilian exchange. After 20 months of mixed emotions, frustration, confusion and peace, I finally got my bitcoins back. Let me tell you the story on this exciting episode of Cryptonomics! Purchase a Trezor to keep your crypto safe: http://trezor.cryptonomics.space Please upvote on Steemit: http://www.steemit.com/@cryptonomics1 Website: http://cryptonomics.space Facebook: http://www.facebook.com/cryptonomics.space YouTube: http://www.youtube.com/c/The...
Dec 11, 2018•8 min
A lot of people believe that money is evil, or the love of money is the root of all evil. I don't believe that. In fact, I think the opposite. Money is actually sacred - it's this potent condensed form of energy which can be used to benefit people. Money is powerful, and it's beneficial to show it respect. Let me tell you a story about what happens when you don't show respect for money, about how I lost my bitcoins. By the way, I did end up getting my bitcoins back; it just took a really long ti...
Dec 04, 2018•10 min
Have you ever pulled on a door with a handle, only to realise it says "push"? What's the handle for? Have you ever had your washing machine lock its door on you, and then give you a really helpful message like "DOOR IS LOCKED"? People have these experiences all the time. Often they get frustrated. Sometimes they think "Aw geez I'm such a dummie for not knowing how to work this thing." But generally, it's not your fault. It's the fault of the designers for not keeping you in mind when they made t...
Nov 26, 2018•8 min
Months ago I talked about how to know when a market is overheated. It's a lot easier to tell when it's heated than when it's reaching bottom... People at the top are a lot louder, because they believe they're genius traders, they're rich and they've figured it all out. At the bottom, people aren't so public in admitting that they've lost thousands of dollars. So it gets quiet. And it has been quiet for the last month. Now with Bitcoin dropping again, it seems like nobody is even crying about the...
Nov 19, 2018•6 min
Bitcoin will never reach mass adoption - that's my case here. It's not because there's anything wrong with Bitcoin of itself. It's simply because Bitcoin isn't aiming for mass adoption. The Bitcoin team isn't focused on mass adoption, and maybe they never were. They're focused on something else - I don't know exactly what, something technical, some kind of engineering miracle. I know they're not focused on mass adoption, because mass adoption comes with user experience. The way you get people to...
Nov 12, 2018•10 min
You might know that Bitcoin is money for the Internet, a system where no one person has the power to change the ledger. What you might not know is, why should you care? How is it going to help people escape poverty, find prosperity, to hold governments accountable, to push banks to reform or be forgotten? Let's talk about the potential that cryptocurrency has to change the future for regular people like you. Please upvote on Steemit: http://www.steemit.com/@cryptonomics1 Website: http://cryptono...
Nov 05, 2018•12 min
A lot of people forget the reason Bitcoin and cryptocurrency were invented - to threaten the monopolies and oligopolies of central banks around the world which abuse their power. Like it or not, Bitcoin is threatening to banks. That's why a system of independent funding like the Dash treasury is so important, an autonomous system of funding which reduces the chance of moneymen moving in to take over an operation and direct it in a way which serves their interest, rather than ours. Please upvote ...
Oct 29, 2018•10 min
Have you ever seen a ghost? Can atheists believe in ghosts, or is it solely the domain of the faithful? In this episode, Kurt chats to Juan Galt about what apparitions mean, where they might come from, and what they could be if they're not literal spiritual entities. They also share a few personal stories of seeing weird things in the night. Juan can't help you exorcise your house, but he can help you get started with Bitcoin or cryptocurrency in general. Reach out to Juan Galt on Twitter. Check...
Oct 25, 2018•21 min
Last week, Nouriel Roubini, professor of economics at NYU's Stern School of Business wrote an article about cryptocurrency, explaining how it's all about greed. It's true, crypto is about greed, but that's not all it's about. Cryptocurrency is a movement and technology with many people involved, some with idealistic motives, and some more nefarious. Roubini's piece is littered with truths, half-truths and mis-truths, as I break down in this episode of Cryptonomics. Original article: https://www....
Oct 23, 2018•13 min
For years people have been asking when Bitcoin is going to reach mass adoption, and though the market has expanded a lot, there still hasn't been a lot of use in day-to-day commerce. In this episode I talk to Juan Galt about the lack of user experience in cryptocurrency, the projects which have the best user experience such as Dash and Steem, and what kind of UX we can expect in coming years. Please upvote on Steemit: http://www.steemit.com/@cryptonomics1 Website: http://cryptonomics.space Faceb...
Oct 15, 2018•12 min
Juan Galt is a cryptocurrency journalist and consultant, who guides Bitcoin newbies to correct security practices. He's given a few presentations at Anarchapulco, and he formerly covered crypto for The Dollar Vigilante's newsletter. Juan lived in Colombia, then Canada, then Acapulco, and now he's travelling the world. I managed to get a hold of him over Skype, finding him in beautiful Prague. A few weeks ago, Juan tweeted: "Bitcoin Maximalism is a reactive, defensive, pragmatic mindset to handle...
Oct 09, 2018•52 min
In the cryptocurrency market, anybody with a laptop, a little coding knowledge and a dream can invent a new asset, programming a financial instrument from their garage, scaring the pants off of regulators like the SEC, and many banks. That's why it's so popular among libertarians - it's liberty money. However, freedom also comes with responsibility. A free market with little oversight and no system of redress leads to widespread scams and other shady projects. There are many ways to address this...
Oct 08, 2018•10 min
I saw a question on Quora recently: Is this the end of cryptocurrencies?, accompanied by a link to a quote from Ethereum founder, Vitalik Buderin saying "There isn’t an opportunity for yet another 1,000-times growth in anything in the space anymore." It's funny to think that, without the chance of 100,000% gains, it seems like anything interesting about crypto is over. Most people playing the stock market would be ecstatic with even a 100% gain. The truth is, there are still many opportunities i...
Oct 04, 2018•7 min
In 'Post Office', Bukowski's girlfriend tells him to get a job, and he responds "Any damn fool can beg up a job. It takes a wise man to make it without working. Out here we call it 'hustling'." In movies and novels, adventurers, rogues and hustlers are glamourised, representing something desireable and unattainable. In the real world, people judge and marginalise them, calling them "dreamers" or even "bums". Every day, these people dance through cracks in the system, finding value and opportunit...
Oct 04, 2018•11 min
In this interview, "Emancipated Human" Luis Fernando Mises explains the things he focused on after a tragic loss - losing his best friend and $400,000 at once. It's always going to be tough, but with confidence in your own skills, the support of your loved ones, and the knowledge that you can always rebuild, life becomes a lot less stressful. Emancipated Human: https://emancipatedhuman.com DFiles - Crypto in Venezuela: https://d.tube/#!/v/eftnow/wia9ytgo Bobaphet on Steemit: http://steemit.com/@...
Oct 04, 2018•13 min
Hyperinflation happens more frequently than a lot of people think. Venezuela is a current example, but we've seen a similar thing in Zimbabwe in the last ten years, the Argentine government has revalued the peso 4 times in the last 50 years, and there are even historical examples from the United States and Germany. Let's talk about how Dash and other cryptocurrencies are helping people handle the problems of hyperinflation in Venezuela, and give you some historical context about the failure of f...
Oct 04, 2018•11 min
Crypto fanatics have been asking for a long time, when will this technology reach mass adoption? However, for many years the situation wasn't ripe. Bitcoin wasn't user-friendly enough, it was hard for non-techy newbies to get involved, and they didn't have an incentive. That seems to be changing, with Dash helping merchants and users get involved, giving the people of Venezuela a new tool to improve their situation during a crisis. Venezuela and the cryptocurrency revolution documentary: https:/...
Oct 04, 2018•6 min
Lots of people who are involved in crypto have opinions about the direction of the market. People standing on the sidelines can tell you that it's over and will never recover after the crash in 2018. However, for people who have been in this for a while, we can see the patterns. Bitcoin bubbled at $30, $200, $1,000, and $20,000, and some were even expecting the rise and fall. Nobody knows the day or hour when these patterns and cycles will play out, but we can say at least that they probably wil...
Oct 04, 2018•10 min
Is it possible to know where the crypto market is heading? Can you tell when the market is overbought, overheated, and getting close to a correction? Here are three simple ways you can get an idea of where the crypto market is heading, especially when a lot of money is moving into the market, and it's reaching the peak of a bull market. Let's look at our own biases, then our own emotions, and finally some patterns of behaviour of others on social media. Please upvote on Steemit: http://www.steem...
Oct 04, 2018•13 min
