Go Full Crypto

68: What is Blockchain?

Blockchain is the software that runs every cryptocurrency. What exactly is blockchain though? What features of blockchain make it possible to have cryptocurrency? Since the invention of blockchain, there have been many who've explored the use cases of blockchain. This episode breaks down blockchain, and talks about which use cases would actually benefit from running on blockchain.
 
(00:00) - Introduction
(03:18) - What is Blockchain? And our background discussing it
(09:40) - What is a Signature?
(12:26) - Why is it difficult to go back and change/modify a certain block?
(16:42) - Some of the use cases of Blockchain, and where 'trust' comes in
(21:04) - Smart contracts, and the two types of Blockchains
(30:51) - More use cases of Blockchain
(35:59) - Closing Thoughts
 
Edited and Mixed by Kaushik Sethunath.
Visit the Go Full Crypto website at: https://www.gofullcrypto.com

67: Toxicity in Bitcoin and Crypto Maximalism

Bitcoin Maximalist Toxicity is like an auto-immune disorder of the Bitcoin world. In this episode, we explore this analogy in detail due to the rise of a loud minority of voices on social media. We need people to defend Bitcoin to the death, but where is the line, and does the line even exist?
 
Keegan's Newsletter on Bitcoin Maximalism and Shitcoins
Robert Breedlove on Toxic Bitcoin Maximalism
 
(00:00) - Introduction
(01:37) - Discussing toxic learning environments from experience
(05:14) - Toxicity in the crypto space
(11:44) - What is the toxic maximalist bitcoin perspective?
(17:59) - Reminder that Bitcoin/crypto doesn't care about who you are, or your beliefs
(24:12) - Shoutout to Brad Mills, and Bitcoin Sherpa
(27:48) - Closing Thoughts
 
Edited and Mixed by Kaushik Sethunath.
Visit the Go Full Crypto website at: https://www.gofullcrypto.com
 

66: Three Most Asked Questions This Month

Is it safe to leave your crypto on an exchange? Should you diversify your portfolio? Do you need to trade to make money off of your crypto? These are some of the most asked questions we were asked in the past month. This episode is dedicated to answering those questions and elaborating on our reasons for why we have the answers that we do!
 
For any follow up questions, email us at ready@gofullcrypto.com
We love hearing from you!
 
(00:00) - Introduction
(01:41) - Q1. Why is everyone telling me to move my crypto into a wallet?
(07:14) - Cold Storage
(11:28) - Q2. Shouldn't my portfolio be diverse?
(21:09) - Q3. Don't I need to trade, to make money with crypto?
(27:14) - Bonus Q. People asking us: "Are you okay?" after the recent dip, and Closing Thoughts
 
Edited and Mixed by Kaushik Sethunath.
Visit the Go Full Crypto website at: https://www.gofullcrypto.com
 

65: El Salvador Adopting Bitcoin - So What?

El Salvador is the first country to adopt Bitcoin as its official legal tender. This has many broad reaching implications, all discussed within this episode. In this episode we discussed El Salvador's bold step towards adopting Bitcoin, the economic benefits of doing so, their future plans for mining bitcoin using thermal energy (volcano), and the possible positive and negative repercussions of implementing the Bitcoin Standard.
 
Keegan's Newsletter on El Salvador
Wikipedia Page for El Salvador
 
(00:00) - Introduction
(02:20) - El Salvador makes BTC Legal Tender
(04:48) - The dollarization of El Salvador, and the freedom that comes with BTC
(08:42) - El Salvador want to mine Bitcoin using renewable energy, and what this could mean for other countries
(18:54) - Keeping Elon Musk in mind, what if El Salvador change their mind in the near future?
(29:13) - Discussing the economic difficulties, and geopolitical realities faced by the people of El Salvador
(41:48) - Wrapping Up, and Closing Thoughts
 
Edited and Mixed by Kaushik Sethunath.
Visit the Go Full Crypto website at: https://www.gofullcrypto.com
 

64: The Basics of Trading Crypto

"How do I trade?" is one of the most popular questions we receive from our audience. In this episode, Mrugakshee and Keegan discuss what trading is at a fundamental level, and cover key terms that you'll need to know if you want to begin. If you've ever stared at a trading terminal, and were confused by the green and red flashing lines and numbers, this is the episode that breaks it all down.
 
(00:00) - Introduction
(01:25) - What do we think of, when we think of trading?
(05:33) - Demystifying the Trading Terminal
(12:51) - The value of setting rules
(18:04) - Short term vs Long Term Trading, and knowing what your goal is
(24:04) - Talking Candlesticks
(28:13) - Closing Thoughts
 
Edited and Mixed by Kaushik Sethunath.
Visit the Go Full Crypto website at: https://www.gofullcrypto.com

63: Tackling Fear, Uncertainty, and Doubt (FUD)

Have you been keeping up with all the FUD? In this episode, Mrugakshee and Keegan tackle the fear, uncertainty, and doubt that has been wreaking havoc in the cryptosphere. From the renewed energy efficiency debate, to mining Chia, to the PetroDollar system backing the USD. Lastly, a return to fundamentals, and a conversation about why GoFullCrypto, is Bitcoin First.
 
Mentioned in the episode:
 
Fear and Greed Index
Alex Gladstein's Hidden Costs of the PetroDollar
6 Trillion Dollar Stimulus
Strike.Global.Me
(00:00) - Introduction
(01:57) - Feeling the FUD: What is FUD?
(06:11) - Talking about Elon Musk and his journey through crypto
(07:23) - Combating the FUD
(12:52) - Discussing Chia, and Green Cryptocurrencies
(21:41) - Discussing Strike.Global, and the Petrodollar
(31:43) - Bitcoin as the best chance to dismantle the petrodollar system
(34:41) - Closing Thoughts
 
Edited and Mixed by Kaushik Sethunath.
Visit the Go Full Crypto website at: https://www.gofullcrypto.com

62: How to Deal with a Red Market?

This week in crypto was a sea of red. This is an episode that dives into our own personal stories of loss. Over the years we've learned various strategies with how to deal with, and conceptualize loss. It doesn't become any easier, but we do learn how to prevent it from happening again in the future.
 
Mentioned in the show:
the Psychology of Money - https://www.amazon.ca/Psychology-Money-Timeless-lessons-happiness/dp/0857197681
Email us at ready@gofullcrypto.com
 
(00:00) - Introduction
(01:23) - Diamond Hands, and the recent crypto dip
(08:01) - Beware of people who try to predict the market
(10:58) - Dealing with losses, and HODLing
(19:19) - Why did Keegan decide to HODL Bitcoin?
(25:47) - Ways to deal with the stress of loss
(34:31) - Closing Thoughts
 
Edited and Mixed by Kaushik Sethunath.
Visit the Go Full Crypto website at: https://www.gofullcrypto.com

61: Elon Musk and Media on Bitcoin

What a wild week in Bitcoin. We first offer a clarification on whether or not Bitcoin is a ponzi scheme. Then, we go straight into speaking about the recent drop in price of Bitcoin, largely caused by Tesla's decision to stop accepting Bitcoin as payment. This prompted us to "re-hash" the environmental debate. Lastly, we shared real-world stories about people using Bitcoin to uplift themselves out of the grips of financial censorship and inflation.
 
Links mentioned:
Story of Syrian Refuge
Venezualan Economist
Bill Maher on Bitcoin
 
(00:00) - Introduction
(01:58) - Clarifying some thoughts from Ep 60 - Is Bitcoin a ponzi scheme?
(08:46) - Tesla's statement, the price of Bitcoin falling, and the representation of Bitcoin in the media
(14:18) - Bitcoin as an investment, vs Bitcoin as money
(17:22) - The Tesla Situation, and revisiting the Environmental Debate
(29:12) - Mainstream media and its one sided portrayals of Bitcoin
(37:57) - An example of a Syrian refugee in the Netherlands
(40:27) - Closing Thoughts
 
Edited and Mixed by Kaushik Sethunath.
Visit the Go Full Crypto website at: https://www.gofullcrypto.com