Topic 3 Defi: What’s the use? Introduction We have covered how Decentralized Finance differs from Traditional Finance and the history of DeFi, and you may be thinking “What’s the use?” The use is where DeFi and TradFi overlap. They have similar use cases, including borrowing, lending, trading, buying insurance and derivatives, and creating a savings… Continue reading Topic 3: Defi: What’s the use?
Topic 2 A brief history of DeFi Introduction Describing the history of Decentralized Finance is like describing the history of a five-year-old. Similar to how a five-year-old experiences major milestones early on, DeFi advanced quickly since its public release. Some say that DeFi started with Bitcoin in 2009. Others believe Bitcoin enabled the start, but… Continue reading Topic 2: A Brief History of DeFI
Topic 1 Defining DeFi Introduction When ordering a Venti Vanilla Latte, skinny with oat milk and an extra shot, from your perspective, it’s a quick and easy transaction. You ask for a drink, the cashier subtly gives you side-eye, tells you the total, and you swipe your card. What you may not think about is… Continue reading Topic 1: Defining DeFi
Topic 2 The NFT categories you need to know about What makes a digital piece of art valuable? The same thing that gives a banana duct taped to a wall value. It is valuable because we, as a society, have decided it is valuable. It has no use, yet it’s worth $120,000. PFP NFTs are… Continue reading Topic 2: The NFT categories you need to know about
Topic 3 How to research and value NFTs Introduction When you ask yourself why you would buy an NFT, you can ask similar questions for why you would buy anything. Value can be based on perception and some people value rarity, while others value utility or practicality. NFTs can be both rare and useful, but… Continue reading Topic 3: How to research and value NFTs
Topic 4 NFTs and the Metaverse Introduction Have you ever wondered what it would be like to be immersed in a completely different universe where you can play games, shop, and even have Snoop Dogg come rap at your house? This isn’t Marvel’s multiverse. It’s the metaverse. The metaverse can be an exciting way… Continue reading Topic 4: NFTs and the Metaverse
Topic 6 Summary Finish Line Grab a glass of wine because you’re almost done. Back to where we started In the first topic, we explored a crypto story that described a transfer of funds between friends planning a trip to Bali for their mutual friend. Here is the same story but with crypto. Crypto/Blockchain Transaction… Continue reading Topic 6: Summary
Topic 4 Bitcoin Introduction To understand the importance of Bitcoin and cryptocurrency, we will look at a significant event that preceded it. 2008 Great Recession Many people believe the Global Financial Crisis (GFC) of 2008 paved the way for the release of Bitcoin. In the years leading up to the economic collapse, lenders such as… Continue reading Topic 4: Bitcoin
Topic 2 The Internet Introduction Cryptocurrency is primarily exchanged through the internet, so to gain a deeper understanding of blockchain, we will explore the evolution of the internet through its three stages: Web 1.0, Web 2.0, and Web 3.0. The tweet below breaks down the basic idea of the three. Watch Bec explain more @cryptobec_… Continue reading Topic 2: The Internet
Topic 3 Blockchain Introduction Inevitably, the internet was the inception of the technology revolution. It changed everything – the way we research (Google), shop (Amazon), entertain ourselves (Youtube), connect with one another (Facebook), and make payments (Blockchain). Watch Bec explain more @cryptobec_ What in the *#%+@;/: is cryptocurrency? #crypto #btc #cryptocurrency #investing ♬ original sound… Continue reading Topic 3: Blockchain
