Crypto… 

Its in the news every oth­er day…

But do you real­ly know about what cryp­to actu­al­ly is?

Chances are you may have heard about cryp­to and the chances are even greater that you may not real­ly under­stand it much.. 

Even if you do have a tech­ni­cal men­tal­i­ty most peo­ple that do know what cryp­to is just do not ful­ly grok it. 

If you know what Grok means you are well on your way to being both a star Trekkie and lean­ing more about Cryp­to. 

How can I learn more about Cryp­to?

There is a lot to know and much more than the aver­age per­son even realis­es. 

For many years peo­ple that were inter­est­ed in all kinds of sci­ence based infor­ma­tion as well as com­put­ers were often referred to as geeks and at first it was not real­ly a good thing. 

They say that girls love big time geeks but while that may sound cool it’s real­ly not the case at least not that most geeks have noticed. 

Cryp­to start­ed out as an exper­i­ment between a few “Geeks” the first beta ver­sion of Bit­coin min­ing, which at the time it was not even called that came out in 2008, at the time bit­coin was worth noth­ing… 

Not even a pen­ny… 

In fact one of the first peo­ple to run the bit­coin client said that if bit­coin were one day worth a pen­ny a piece they would have $14.00 in bit­coin. 

So, what is the big deal about cryp­to any­way. 

Well, that is a tough ques­tion but one that you can learn more about with a free sub­scrip­tion to this very infor­ma­tive street lev­el dai­ly email Mon to Sat­ur­day once a day you can get great infor­ma­tion that you will not find in many places and you might also get a laugh too. 

The ini­tial draw for techies and yes geeks was and still is the nature and use of cryp­tog­ra­phy (see how that works). 

In cryp­tog­ra­phy Cryp­tog­ra­phy, or cryp­tol­ogy, is the prac­tice and study of tech­niques for secure com­mu­ni­ca­tion in the pres­ence of adver­sar­i­al behav­iour. More gen­er­al­ly, cryp­tog­ra­phy is about con­struct­ing and analysing pro­to­cols that pre­vent third par­ties or the pub­lic from read­ing pri­vate mes­sages. 

Keep­ing pri­vate mes­sages pri­vate that was and is some­thing that many geeks find fas­ci­nat­ing in many dif­fer­ent ways. 

In fact a lot of ear­ly bit­coin min­ers lost their keys or lost the hard dri­ve that the bit­coin was stored on it is esti­mat­ed that up to 50 bil­lion dol­lars of bit­coin has been lost for­ev­er. 

While some peo­ple think that it might be pos­si­ble that some large bit­coin files may actu­al­ly still be owned and just wait­ing for the right time to sell. 

Still its some­thing that in 2008 was not of much inter­est because bit­coin was not worth any­thing at all. 

But now things have changed, even though the price of bit­coin has gone way down in the last year or so more recent changes have cre­at­ed oppor­tu­ni­ty that no one thought about in 2008. 

Did you know for exam­ple you can get STX which is a very excit­ing project that allows you to “stack” coins in such a way that you actu­al­ly earn a small amount of bit­coin. 

Check out this resource …

The aver­age rate varies some­times depend­ing on how many coins you own and can stack but it aver­ages out to between 8 and 13 per­cent, also depend­ing on var­i­ous fac­tors, like the going price of STX and oth­er fac­tors. 

STX was trad­ing for around $1.50 cents up to $2.00 per coin just before the big cryp­to crash which was blamed on many dif­fer­ent things but real­ly came down to one big prob­lem that was that FTX became insol­vent but that was not the only rea­son for more than a year now the prices of many cryp­to projects have gone down and in some cas­es they have gone away and some peo­ple do not realise that some of these projects that are still active­ly being trad­ed are actu­al­ly gone.   No devel­op­ers, just traders doing stuff that you might not under­stand well. 

Stacks went down from that high of around $2.00 to a low of around 20 cents, then it came up to around 30 cents. 

Just in the last two weeks the price of stacks has increased by 160%

You might think that its too late but no its not, of course now is a good time to insert the oblig­a­tory dis­claimer, (this is not finan­cial advice we are not asso­ci­at­ed with any cryp­to and you are as always encour­aged to do research and get pro­fes­sion­al advice)  so with that out of the way and be assured we mean it, we do not give out finan­cial advice.   

The biggest thing to know about cryp­to is that it is not going away. 

Some peo­ple do not like it because they can’t con­trol it. 

Cryp­to is not like the stock mar­ket. 

But in some cas­es many traders are try­ing to apply stock mar­ket tools to cryp­to and that is a huge mis­take. 

There are many dif­fer­ent kinds of stock and also many dif­fer­ent kinds of cryp­to but that is about the only things that the stock mar­ket and cryp­to have in com­mon. 

If you want to know more about cryp­to and all of the dif­fer­ent things that are out there edu­ca­tion is the key here and this is one of the best meth­ods of learn­ing. 

Read­ing… 

GET Edu­cat­ed.