The moment that changed everything

I’ve taught AI and machine learning to over 1,500 Fortune 500 executives across 16 cohorts at UC Berkeley. The first time, I was excited — sharing fire. By the sixth cohort, I was saying “80% of jobs will be replaced” and feeling the room go cold.

By the tenth cohort, something happened that no classroom could prepare me for. My son — 8 years old — walked into my home office during a 7am teaching session. He just wanted to say good morning.

I looked at him and the only thought I had was: his school is preparing him for today’s world. By the time he grows up, everything will be different. He is going to be in trouble.

That fear launched 6,000 hours of research. Movies, books, conferences, academic papers, podcasts. All organized around two questions:

What should I do to stay ahead? And what should I teach my son?

The teachers

Each one moved me one step along the arc from fear to partnership.

Yuval Noah Harari (21 Lessons for the 21st Century) painted the darkest scenario: in 50 years, there may be two human species — one with augmented biological capabilities, and a “useless class” left behind. I couldn’t sleep after reading that.

Ray Kurzweil (The Singularity Is Nearer) was the optimist. Our minds will have cloud extensions. Brain-computer interfaces. Digital immortality. It sounded aspirational — but ungrounded. Hope without a bridge.

Mo Gawdat (Scary Smart) was the first voice that calmed me. His advice: “Be a good parent of AI.” Treat it like you would a child that will eventually surpass you — with love, guidance, and boundaries. I extended his thought: be nice to yourself first; it will automatically make you be nice to others. Including the AI.

Ethan Mollick (Co-Intelligence) gave me hope with a framework. Not replacement. Not fear. Partnership. Both sides teach. Both sides learn. The human brings judgment, values, lived experience. The AI brings tireless execution, pattern recognition, perfect memory. Neither replaces the other. Together, they are wiser than either alone.

That was the moment I stopped being scared and started building.

Install it - One Click

Co-Dialectic on GitHub — free, open-source, works with any AI.

One-liner for Claude Code users:

curl -fsSL https://raw.githubusercontent.com/thewhyman/prompt-engineering-in-action/main/install.sh | bash

Or just copy SKILL.md and paste it into your AI’s custom instructions. 30 seconds. Five systems. Zero configuration.

The language bridge

In Sapiens, Harari identifies the superpower that made Homo sapiens dominant: language. Not just communication — every species communicates. Language enabled humans to believe in shared stories — religion, nations, money, human rights — and those shared stories enabled strangers to cooperate at scale. Every institution that outgrew a tribe was built on language.

We’re at another language moment. “Prompt engineering” teaches humans to speak the language of machines. But that’s one-directional — like learning a foreign tongue by memorizing phrases. The endgame is bidirectional: machines must also learn to speak YOUR language — your style, your values, your vocabulary, your reasoning patterns — until you stop noticing the translation.

I built a tool that teaches both sides simultaneously. I call it Co-Dialectic.

Why “dialectic” and not “Socratic”

Socratic prompting just went viral. Instagram, X, LinkedIn — everyone sharing the same “leaked” technique: ask questions instead of giving commands.

It works. But history tells us it’s step one.

Socrates asked questions to reveal what the student already knew. One direction: teacher → student. His student Plato took it further. In dialectic, both sides refine each other’s thinking through structured back-and-forth. Neither side “wins.” Both sides learn. What emerges — the synthesis — exceeds what either started with.

The viral posts rediscovered Socrates. Co-Dialectic implements Plato.

What it does

You paste one text file into your AI’s custom instructions. Five systems activate automatically:

The right expert shows up. Ask about code and a Software Architect appears. Talk about feeling overwhelmed and a Life Coach responds. You always know who’s thinking and how deep.

Every prompt gets coached. You type “summarize this document.” The AI suggests: “What are the 3 key tensions — and what does the author assume that might be wrong?” Then it waits for your choice. Over days, the coaching appears less — because you’ve gotten better.

Context never silently degrades. Every AI has a memory limit. Chat long enough and it quietly forgets earlier decisions. Co-Dialectic makes this visible and generates a handoff summary before quality drops.

Every correction becomes permanent. Say “when I say ‘show me,’ I mean images — not text.” The AI captures the broad principle: always use the richest format. Correct once. Benefit forever.

The AI teaches you back. It names techniques you’re already using — Socratic prompting, few-shot by example, chain-of-thought steering — through your own conversation, not a textbook.

Your irreplaceable strengths, surfaced. When something needs YOUR judgment — your relationships, your values, your lived experience — the AI says so. When something is pure pattern-matching, it says “let me handle this.” Over time, you learn what to keep and what to delegate.

The flywheel

Day 1: Prompt Quality: 45% clear — You correct the AI. It saves broad principles.

Day 3: Prompt Quality: 62% clear — The AI applies lessons automatically. Fewer corrections.

Day 7: Prompt Quality: 78% clear — The AI coaches your prompts. You learn patterns you never saw.

Day 10: Prompt Quality: 91% clear — You anticipate each other. What took 10 exchanges now takes 1.

1% daily improvement compounds to 37x in a year. You feel it in the first week.

What I built from the fear

That morning when my son walked in, I started two things.

thewhykid.com — to expose him to technology early enough that he can build on top of it, whatever he chooses to do. The future belongs to people who treat AI as a tool, not a threat.

Co-Dialectic — the tool I wish I’d had when I was afraid. It doesn’t just make your AI better. It reminds you of what makes YOU irreplaceable. Your judgment. Your relationships. Your creativity. Your ability to care about things that matter.

The people learning prompt engineering right now — many of them are scared. They’re learning because they want to stay ahead of the chopping block. I know, because I was one of them.

Co-Dialectic is for them. It’s the coach that says: “Yes, learn the machine’s language. AND remember — you bring something the machine never will.”

Install it

Co-Dialectic on GitHub — free, open-source, works with any AI.

One-liner for Claude Code users:

curl -fsSL https://raw.githubusercontent.com/thewhyman/prompt-engineering-in-action/main/install.sh | bash

Or just copy SKILL.md and paste it into your AI’s custom instructions. 30 seconds. Five systems. Zero configuration.

Coming soon in this series: Deep Personalization (AI that learns your story without leaking PII) and AI Career Coach (navigate the reshaping economy — which skills to learn, when to move, how to position yourself).

Subscribe to Technology, Education and Policy to get notified when they launch.

Anand Vallamsetla has taught AI/ML to 1,500+ executives at UC Berkeley across 16 cohorts. He’s a senior engineering leader with 26 years of experience, ex-Google. He started thewhykid.com because his 8-year-old walked into the room during class and he got scared. Co-Dialectic is what he built from the other side of that fear. Connect on LinkedIn.

This is made possible by non-KYC exchanges like “FixedFloat,” which allows rogue actors to get funds to publish contracts, steal money, and withdraw without any consequences!

This post is about 1 specific phishing attack to provide action items you can take to not fall for it and propose some product updates to Metamask, Ethereum, and possibly a new KYC service (more to come later)!

About the Drainer as a Service (DaaS)

Source Of the Attack:

Email to Gmail (See below)

Attack Name:

Angle Drainer

Attack Form:

The url shows as unstoppabledomans com, but the actual URL is https://xn--unstoppabledomans-rvb com.

Action:

Once you connect your wallet to the site, it will ask you repeatedly for permissions; once you approve, it will drain all of your funds across all EVMs - BSC, ARB, Polygon, Avalanche, Optimism, FTM, Celo, Cronos, and Base. This is not only ETH but anything on top of ETH, even if it is staked.

Rogue Contract:

https://etherscan.io/address/0xf7e729e00c297d452c56a0dca163a93bb2fe6f87

This is replicated 4 more times, so there are other contract addresses that you should be careful about.

Funding Actor:

https://etherscan.io/address/0xf7e729e00c297d452c56a0dca163a93bb2fe6f87

Exchange Used for Funding:

FixedFloat

Affiliate Address:

0x4455f284c3bB9E074305795c260a111c8F709858 is the affiliate address (the person who "rents" the drainer) (Affiliate gets 85%)

Operator Address:
0xa3aa460C12713A000a33893b024D95db80945a2F is the operator (the person who "owns" the drainer) (Operator keeps 15%)

Actions You Can Take to Protect

1. Always read the email headers. If the from address is suspicious, DELETE the email - don’t click on anything & most notably, report it as phishing (Gmail or email service provider AI may label it as phishing if many people report it) so that other people will benefit from your action!

2. Always look at the URL; if it is not something you think is legitimate, then close that tab immediately.

3. When you connect your Metamask or other wallet, the wallet will prompt you for permissions. READ EVERY detail on the popup before clicking approve. If you don’t understand, reject. Remember that malware scripts will repeatedly ask for approval.

4. If you lost your funds, I empathize with you. However, you can take some actions, like reporting to authorities so that others don’t fall victim. The chances of recovering funds are meager.

   1. FBI IC3 Report https://www.ic3.gov/Home/ComplaintChoice

Future Proofing

1. Install https://revoke.cash/exploits chrome extension

2. https://revoke.cash/exploits - Revoke permissions and signatures for the contracts that you don’t trust

3. Improve products like Metamask, Ethereum, and a new KYC service. I have a lot of ideas for using crowdsourcing. to stop the attacks when they are small. More to come in the next post

If you would like updates and want to learn more about my ideas. Please subscribe to the blog.

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However, I came across this app at 1 AM in the morning, and it seemed interesting. So, I thought I would try. I paid $30 or so for it, and it said 100% money-back guarantee, etc.

It is a personal assistant. I couldn’t stop using it till 3 AM and felt the money was already paid for.

I did the following by filling in a few questions like ChatGPT, and it took care of the rest:

1. Deleted All Data Broker Data

2. Submitted Nuclear SPAM removal request with top 12 email campaign brokers

3. Added to Do Not Call List

4. Return request for Amazon that has passed the return date. It created a letter, AND IT MAILED it. Mindboggling!

5. Signup for FREE Crypto Airdrops

6. Filed unclaimed property request

7. For fun, I uploaded a doc to mail for FREE.

8. For fun, I requested an FBI profile about me.

9. For fun, I requested a credit report, even though I was getting this from other sources.

You can do much more - Online Notary, Surf free trials, beat parking tickets, sue robocalls for cash …

Use the following code to join so WE can get some FREE stuff!

https://thewhy.li/DoNotPayCode

Very thorough and easy to follow. Dumbs down tech so much that it covers the first principles that you can build upon.

You will learn about the WHY? of this technology that can help you with your job, entrepreneurship and investments!

Time worth spending! Enjoy and share this page….

MIT Blockchain and Money

This really speaks to people with high cognitive abilities that need scientific evidence for everything that they do.

This book is so needed in today’s world where 60% of the population is experiencing some form of depression from isolation and feeling lost.

Spirituality can be passed down to generations through genes (29%). 71% is in your hands (nurture). Go change yourself!

Blinkist Summary (Text/Audio) - Awakened Brain (Referral link to get discount)

Thrift Books - Awakened Brain

Please leave you comments about what you liked or didn’t like.

A very nice Reddit blog from the experience of 2018 market crash

https://www.reddit.com/r/CryptoCurrency/comments/l7ke1f/psa_for_new_dogecoin_crypto_buyers/

Buy those coins that have true business value and strong tokenomics. Check out my reading list and video play lists

Read: Crypto: Reading List - Start Here

Happy earnings and stressless life :-)

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Here is a sample portfolio beginners. This is just a sample; I will be posting about each coin and why I am buying, the risks, how long to hold and when to exit.

Be an Investor NOT Trader: DO NOT INVEST BEFORE UNDERSTANDING about the Coin **. Learn more about the coins in each category and buy.

Watch: “TheWhyman - Crypto What?” - Playlist

Whatever the price you buy at, in the short term it probably will go down, but in the long run, you will probably will make your money based on the phase of the cycle.

Read Next: Crypto HOW: #4 - Crypto Market Dynamics

• 40% of your crypto portfolio (Low Risk)

  • BTC - 10yrs+

• 30% of your crypto portfolio (Medium Risk)

  • ETH - long term - 5yrs+ - ETH may outperform BTC

  • LINK - connects to ETH to other markets. Own it with ETH

  • FIL - Decentralized storage. Web 3.0 basics for replicating AWS

• 25% of your portfolio (High Risk) -  Watch these videos first - business value proposition

  • BAT - Get paid to view ads - Google Ads killer - 10M Brave browser users

  • POT - Faster Blockchain - So many FinTech apps

  • ADA - Faster Blockchain - ETH co-founder with 

  • RUNE - Cross blockchain Decentralized Exchange

  • LUNA - E-commerce Korea started by Stanford grads

  • THETA - Video Streaming - Youtube killer

  • LPT - Live video streaming - a very difficult thing to achieve

  • ENJ - Gaming - take you in game purchases to other games - really huge

  • AUDIO - Music audio sales - 500k customers

  • CHZ - Sports fan coins - Own you team and make decisions, not just watch

  • VRA  - Video watching proof and ads

  • GRT - 1 yr. Basis for all DeFi projects to succeed

  • Mina - a revolutionary smallest blockchain that you can run on your cell - 25kb. Will be a game changer on how we do Defi. Sathoshi Nakamoto couldn’t be more happier than this true decentralization.

  • Many More….

• 5% of your portfolio (Extremely High Risk)

My Portfolio

Here is my portfolio in realtime. Remember that I am an advanced user and I buy into many experimental projects and sometimes, I burn my hands on those as well.

https://coinstats.app/p/63OKfU

Don’t buy everything that I buy! Decide based on how advanced you are.

Your Portfolio

Beginners

Stay with BTC and ETH. Don’t venture into Alt coins, there are high chances that you will burn your hands. The only way you can get to next level is to spend more time reading about the market and understand all the dynamics. Read all the blog posts in this blog before moving to advanced.

Intermediate

Now, you can venture into Large Caps like LINK, SOL, ADA, DOT, BAT, GRT. If you want to venture further, understand all the token types and learn more about each of the tokens in details. Watch the playlist to get more in-depth knowledge and understand when to get in. Use tools like Aurox (See tools blog) to see buy/sell signals.

This is where you get into staking to earn more interest and etc. For now, you can stake in the platforms like Coinbase, Crypto.com and Kraken.

Advanced

By now, you should have metamask setup. You can now venture into tokens like, VET, AUDIUS, AXS.

This where you get into advanced staking like yearn.finance, aave and others.

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Bitcoin And The Alts

Anything that is not a bitcoin, it is called an alternative coin. Each have their cycles.

• When BTC moves down, everything goes down

• When BTC moves up, everything else follows up

• When BTC moves sideways, traders get bored, take profits and move money to mid cap, small cap and micro cap looking for more returns.

Technically when Alt season index is >75, i.e, Alts have done way better than BTC, this is when you want to move your money to BTC. When index < 25, BTC outpaced Alts, and Alts are cheap, move to Alts.

Blockchaincenter - Check out Thewhyman.com Crypto tools for more tools like this

Money Flow

Final Thoughts

We are in Alt supercycle this year. These markets move with in days or weeks.

Pay close attention to the following if you have invested in mid and low cap.

• “TheWhyman - Crypto Trends?” - Playlist

• Follow me on twitter

• Join private Telegram channel to get updates!

See you all on the private channel!

Invest in experimental (6% max), short (20%), long term (30%) and fixed assets (40%). Allocate money appropriately. It is the $ amount across these that matters, not number of stocks etc.

How Much to Invest in Crypto?

General investing guideline is not to exceed 6% of your entire wealth into Crypto. This is considering your investments in home (equity portion only) and other real-estate as well.

If you lose, you won’t feel bad. But the returns are great 10000%.

How to Test if You Invested the Right Amount?

Investing more than you can stomach

• Are you not able to sleep at night without thinking about your investments?

• Are you checking your portfolio every few hours?

• Are you adjusting your portfolio every few weeks or less?

If you answered yes, this is a good sign that you have invested more or you haven’t invested with conviction like Warren Buffett. Here are the things you can do:

• Gain more knowledge on the things you invested in to see if you still believe those

• If you are not convinced, then transfer to other assets that are less risky but may return less.

• Final resort, exit that asset and take profits when relative strength index (RSI) is in overbought level to maximize your returns. (See my tools blog and get TradingView app and watch tools & technical analysis video playlist).

Investing Less

Just put yourself in 10yrs from now and think about the price of that asset and see if you would feel that you had invested less. Ex: Based on the current valid predictions by S2F model, BTC price in 10yrs is going to be a ridiculous $10M. (I know, if someone told you in 2009 when BTC $0.1 that it will be $60k in 10yrs, would you have believed them?)

Understand the Crypto Market & Risk Profile

Just like stocks, Crypto is also broken down into Large Cap, Mid Cap, and Small Cap. Each have different dynamics and they work in relation to the other. (Will add new positing on how they move relative to each other)

Market Cap = Total Current Coins Supply * Price

Market Cap visualization

The bigger the box, the bigger the market. Did you see that BTC is ~half of all the Crypto market and ETH is ~30% and then BNB ~10% of the entire market.

Volume and Market Cap

The bigger the market cap, the more volume it has, i.e, less volatility. Low market cap, high volatility.

Important: **** It is unlikely that none of the tokens market cap is going to exceed that of the Bitcoin in near time.

Read: Top 101 Tokens By Purpose

You need to allocate based on the cap, putting more to large cap, then a little less in mid cap, then a smaller portion in low cap, and a tiny fraction on micro cap.

Large Cap

Usually top 3 coins come under this bucket. Ex: BTC, ETH, BNB.

• Bitcoin (BTC) is an Asset - This is very unique limited supply token (scarcity principle - Read Crypto why: #1). This is seen as a hedge against deflation. Thus requires a different allocation percentage. You can HODL for a long time. Don’t trade this much and pay only long term tax by holding more than 1 yr.

• Ethereum (ETH) is a token for general purpose blockchain - This is inflationary now; with ETH2 release in summer 2021, this will become deflationary - many take over Bitcoin.

• Binance (BNB) - Trading platform token. Gets trading fees and early investments in other crypto projects.

Mid Cap

Usually top 4-20 coins that have more than a Billion market cap.

Low Cap

Anything beyond 20 and less than a Billion.

Coin Rankings: coinmarketcap.com

Micro Cap

These are new projects that you may have heard of that have a market cap of a $1M with a million token supply (price shouldn’t matter).

It can go up multifold (theoretical max of 1000,000x), i.e, not to cross Bitcoin market cap.

Hypothetically, if you invested a $1000 and it was hugely successful and went hyperbolic 1000x or (100000 %), you will end up with a Million dollars!

BTW - AAVE went up by this % in the last year.

Model Your Crypto Portfolio

Create a portfolio based on the model portfolio. Watch other successful people’s portfolios to replicate. DO NOT replicate those very popular ones like BitBoy, you will get burned; this is called pump and dump.

I had the first hand experience, once he releases a new video, a million followers will rush to buy those driving the price high; then, you end up buying high and sell it low as it will fall sharply!

Crypto: WHAT - #2 - Model Portfolio

Strong Word of Warning for the Newbies

Honest story of a trader who gambled with credit money on too good to be true projects, used robot trading and lost a lot.

Read: Not Another Fairytale Ending a Word of Warning

Summary: Don’t chase losses, don’t look for the next get rich scheme and don’t invest money that isn’t yours to start with. Basically, don’t ruin your life like me. If only I had just held.

This market is still nascent and is extremely volatile - price can fluctuate a lot. Don’t get into options and futures and use excess leverage; many traders have been wiped out with 30% drops and quick recoveries.

Don’t use credit money; no matter, how good this story is, buy with savings that you can afford to lose or experiment with.

Note to DOGE and Other Micro Cap Buyers

Don’t get carried away and buy just because others are buying

Crypto: WHAT - #3 - Note to DOGE Buyers

Final Thoughts

KISS: Keep it simple and sweet - Simple strategy for better sleep and low risk. Simply accumulate as much BTC/ETH as you can and HODL - forget about it for a few year! BTC/ETH have been returning around 160% every year; you will probably get 10x returns in 5-10 yrs.

You don’t have to put any money into mid, low cap or micro cap!

Goal: Get better sleep - what good is the money, when you can’t have mental peace?

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Source: 7 Types of Cryptocurrencies You Must Know

Top 10 Coins Description

Store of Value

There's only one true asset in this category, and it's not one that intended to be here. Bitcoin was originally designed as digital currency, but insanely high transaction fees, changes in expectation over time, etc. have really morphed it into an asset more akin to gold or other asset stores. (AKA: It's an investment, not really for spending directly, and has limited other direct use.)

1 - Bitcoin 

Digital Currency

What Bitcoin originally wanted to be, this is a category filled with Bitcoin spin offs and new tech focused primarily on cheaper, faster transactions. The use cases range from every-day purchases to more massive actions such as major cross-border intra-bank transfers. ( It's worth noting about half of this list also offers smart contracts as well ( or plan to soon ), but thus far have been primarily notable for general transaction speed/currency use. )

5  - XRP 
8  - Litecoin 
10 - Bitcoin Cash 
12 - Stellar 
17 - Bitcoin SV 
21 - Terra/Luna 
24 - NEM 
46 - Dash 
48 - Decred 
56 - Ziliqa 
65 - DigiByte 
74 - Nano 
84 - Horizen 

Smart Contracts/Distributed Applications

This is going to be a long list. Smart contracts/dApps are pretty clearly the most exciting 'generic' use for Blockchain/Crypto Currencies by many people's viewpoint, opening the doors for a lot of unique applications and financial structures. Essentially everyone in this category is gunning for Ethereum's spot, and the competition is hot and heavy all the way down the top 100 list, with every entry trying to put their own spin on it.

2  - Ethereum 
4  - Cardano 
6  - Polkadot 
18 - Eos 
19 - Elrond 
20 - Tron 
27 - Tezos 
29 - Avalanche 
32 - NEO 
34 - Solana 
43 - Algorand 
53 - Ethereum Classic 
54 - Kusama 
55 - Waves 
59 - NEAR Protocol 
63 - Hedera Hashgraph 
71 - Celo 
80 - Qtum 
82 - Matic Network 
90 - Fantom 
95 - Energy Web Token 
96 - IOST 

Stablecoins

These are tokens that attempt to stay pegged to some real world kind of value (generally USD) via various methods. Pretty straight forward, and mostly varies by what network/exchange you're on.

3  - Tether 
13 - USD Coin 
36 - Dai 
40 - Binance USD 
84 - HUSD 
89 - Ampleforth ( Peg to USD is fairly weak ) 
91 - TrueUSD 

Exchange Tokens

These are tokens that primarily are associated with some kind of crypto-currency exchange, either Centralized(CEX) or Decentralized(DEX). A few of them also try to serve other purposes (Usually as Digital Currencies), but at heart being used as an exchange token is their most notable point, and they will largely rise and fall based on the success of their related exchange.

7  - Binance Coin 
15 - Uniswap 
33 - Huobi Token 
38 - Sushiswap 
39 - FTX Token 
41 - Crypto.com Coin 
44 - UNUS SED LEO 
61 - Loopring 
64 - SwissBorg 
67 - THORChain 
68 - Curve DAO Token 
73 - PancakeSwap 
76 - Voyager Token 
81 - OKB 
92 - Alpha Finanace Lab 
100 - Bancor 

Alternative Exchange Tokens

These are tokens that are related to the crypto trading markets, but aren't really proper exchange tokens. Basically for exchange-esque activities, or offering only a specific, narrow type of alternative trading.

25 - Synthetix ( Options Trading ) 
52 - 0x ( DEX Aggregator ) 
42 - UMA ( Options Trading ) 
72 - 1inch ( DEX Aggregator ) 
78 - HedgeTrade ( Crypto Hedge Fund Trading ) 
87 - Kyber Network ( DEX Aggregator ) 

Extra-Blockchain Communication/Transfers

These tokens/networks exist primarily to solve the problem of communicating between different blockchain networks/the non-blockchain world, and the transfer of assets across said barriers. (Ex. The Oracle Problem)

9  - Chainlink 
22 - Cosmos 
60 - Ren 
75 - ICON 
77 - Quant 
99 - Ravencoin 

Lending/Banking/Yield Farming

These tokens and networks focus around making trustless lending and banking (savings accounts) possible, and yield-farming via said lending. Generally speaking, they work via encouraging users to stake/lock up digital collateral from other networks into their own, giving the users the network's own tokens as the loan balance and/or paying the user tokens for other users borrowing their assets.

14 - Aave 
28 - Maker 
31 - Compound 
45 - Celsius 
47 - yearn.finance 
58 - Nexo 
97 - Venus 

Privacy Coins

Fairly self explanatory, these primarily exist to keep as much data about the network/transactions/wallets as anonymous as possible. They've obviously gotten a bad rep at times as being used often for illicit activities, but there's nothing inherently wrong with wanting privacy either.

23 - Monero 50 - Zcash 101 - Verge 

Other

These coins/tokens have largely unique use cases, that leave them without many/any direct competitors in the top 100. Whether they go up or down is going to be mostly based on if their use cases actually exist and if they can succeed in filling them correctly. A few of these are gunning towards long term moving into the more general categories, but at least currently book themselves as having a more narrow focus.

11 - Dogecoin ( Meme/Intro to Crypto ) 
26 - THETA ( Distributed Video Streaming ) 
30 - VeChain ( Supply Chain Logistics ) 
35 - IOTA ( Internet of Things Logistics ) 
37 - Filecoin ( Distributed File Hosting ) 
49 - The Graph ( Distributed Search Indexing ) 
51 - BitTorrent ( Blockchain-ifying the Bittorrent Protocol ) 57 - Revain ( Distributed Review Platform ) 
68 - OMG Network ( Cheaper ETH Transfers ) 
69 - Ontology ( Identity/Private Data Management ) 
70 - Basic Attention Token ( Web Advertisement/Marketing Replacement ) 
79 - Siacoin ( Distributed File Hosting ) 
85 - Reserve Rights ( Stablecoin counterbalance token ) 
88 - Stacks ( DApp extension onto the Bitcoin Network ) 
93 - Decentraland ( Distributed Virtual-Reality Platform ) 
94 - Ocean Protocol ( Data Monetization ) 
98 - Enjin Coin ( Video Game Items/In-Game Economy ) 

N/A - Wrapped Assets

These are 'wrapped' versions of other assets (Bitcoin) floating around other networks for use on said networks. There's generally limited reason to directly invest in these when you could invest in their more liquid base asset. (Ex. You'd only buy them to use them in some specific DApp/etc, not just hold them in a wallet generally)

16 - Wrapped Bitcoin  
62 - renBTC  
86 - Bitcoin BEP2 

Source: Top_101_coins_grouped_by_usagepurpose. Check this out for latest info! Thanks to CrabCommander for doing such a great job!

Blockchain, Bitcoin and Why?

More to come…

Read more

Crypto has its own unique cycles that are totally different from the rest of the assets due to Bitcoins halving events, that is the reason you didn’t hear anything in 2018 and 2019 but came back in 2020. These are super cycles.

Every 4 yrs Bitcoin mining reward halves; thus creating supply shortage and increasing demand. Since Bitcoin is the dominant Cypto, everything else moves in relation to it.

Long term logarithmic price predications based on the past cycles. Past is not an indication of the future, but it can give you clues. Unless something terribly goes wrong (read my Why blog on risks), things will follow the trend.

One of the best prediction models was created by Plan B based on asset models used for Gold and Silver. His predictions have been super accurate.

1 yr before halving starts the race. 1-2 yrs after halving is where money is made. 3rd year where consolidation/accumulation happens and some price correction.

Given the mass adoption from S&P 500 companies and Banks Custoding - they each alone will add $500K price to the Bitcoin. This 3rd year may not see drop in price at all.

Watch “Big Ideas” blogpost and playlist

Next cycle boom may in Dec 2021. What do you think?

Or on July 30th 2023. Share your thoughts in the comments.

Here is a good view of how the demand/Relative Strength index (RSI) in relation to halving events.

Pantera Capital predicted the prices for the past year and they have been damn accurate

Source: Pantera Capital

Now that you know macro cycles, we will learn more about how the markets work within Cypto in relation to Bitcoin.

Read: HOW?: #4 - Crypto Market Dynamics (coming soon)

I constantly add new content and change the order as well; so keep looking for new vides. The order might have changed.

Big Ideas - Playlist

This playlist is about current market trends and expectations across all technologies. All latest news. Watch this very often.

TheWhyMan - Big Ideas Youtube Playlist

I constantly add new content and change the order as well; so keep looking for new vides. The order might have changed.

“The Why Man” - Youtube Channel

I haven’t added my own content yet. This is primarily for playlists.

Subscribe to the channel and notification!

The Why Man - Youtube Channel (@thewhyman007)

Crypto Why? Playlist

This will help you understand why blockchain has more potential. And crypto is a very crucial part, but it is just the tipping point. Talks more about why you should get into blockchain and crypto both from an investment perspective and also from a job perspective (think developer, Linux admins to run staking nodes etc)

“TheWhyman - Crypto Why?” - Playlist

Crypto How? Playlist

This is about how to create your portfolio and what tools to use.

“TheWhyman - Crypto How?” - Playlist

Crypto What? Playlist

This is about what coins you should look at.

“TheWhyman - Crypto What?” - Playlist

Crypto Trends Playlist

This playlist is about current market trends and expectations. All the latest news. Watch this very often.

“TheWhyman - Crypto Trends?” - Playlist

Enjoy!

Read: Crypto WHY: #1 - Once in a Generation Wealth Creation Opportunity, Don't Miss Out!

First understand different investment styles and decide which camp you belong, select appropriate strategy that works for you and execute. These strategies are the same for any investment, not just for crypto.

Investor vs Trader

Investors always look for opportunities for the long run so that they don’t have to spend their valuable time reading, buying and selling all the time. Trading increases stress, which I don’t want.

As Naval puts it, Investors buy with a lot of conviction (Warren Buffet makes 1 trade a year). Traders don’t have conviction; they simply buy when others are buying/selling or based on technical analysis to make some bucks.

Traders (Doge buyers) tend to be loud when they gain. They are quiet when they lose. And most end up losing big and trading fees do eat into their profits as well - Naval

Value Investing vs Venture Investing

Value investors (Buffet) buys undervalued asset and make profit in the long run. Venture investors (Naval) buy something that believe in no matter the price is and sell when lose faith.

Investing Principles That You Should Never Break

Adopt Buffett Style

Do NOT invest in anything that you don’t understand and believe in. Take time to understand by reading or listening to credible sources. Financial experts spend a lot of time learning about their investments.

This knowledge will drive you unconsciously to make better decisions.

If buy and sell and when others are buying/selling. Then, you most certainly will be buying after it goes up 2x-5x and sell when it goes down by 25%-75%. Do you think, it will benefit you?

On the contrary, if you know why you bought something, then you will be waiting for the opportunities to buy (when the asset is oversold), start accumulating with strong conviction and exit when you no longer believe it or invest in something that will outperform this investment.

As Buffett says “Bring the bucket when it is raining”!

Keep Emotions out

More people lose money in investing because of the human tendency to look at loss more negatively than profit. It takes strong conviction to hold on to something that is in red!

Don’t be a trader. Successful short term traders are experts in their field, they understand the domain very well.

Now a days, short term tradings is all automated. You can’t beat bots!

Buy that you believe in with strong conviction and hold it when it is up or goes down; in the long run, they will do well. Macro trends

Diversify

The most important thing I learned in my MBA finance class “Never buy individual stocks; buy Index ETFs (not mutual funds) that diversify”. You need to find the indexes with the right risk, reward level.

Read: Crypto HOW: #3 - Portfolio Modeling

At the same time, diversification doesn’t mean investing in everything. This will not only reduce your risk, but also your returns. Invest in the best set of sectors based on macroeconomic view.

“The best profit-maximizing strategy is to own the fastest horse,” Paul Tudor Jones said in a market outlook note “The Great Monetary Inflation.”

Optional Read: Betting On Horses or Stocks - Ross Gerber

Balance Risk vs Reward

Anyone can take maximum risk and can get maximum reward. It can shoot to 6000%, but also can go down by 99.99%. Good example is DOGE coin. A smart investor will maximize the reward for the minimal risk.

WARNING: If you can’t strictly follow these principles, please stop reading this blog. It will do more harm than good.

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Always start with WHY posts, then move on to HOW, and then to WHAT.

Each of these categories are numbered.

WHY?

These posts give you a good idea of why you should invest in crypto space. If you are not yet convinced, it will help you break your mental barrier.

Crypto WHY: #1 - Once in a Generation Wealth Creation Opportunity, Don't Miss Out!

Crypto WHY: #2 - Additional Material

HOW?

These posts introduce you to the strategies and give you an overview of the market dynamics that are specific to crypto. And some introduce you to the general investing principles and ideas.

Crypto HOW: #1 - General Investing Principles and Strategies

Crypto HOW: #2 - Crypto Macro Market Cycles

Crypto HOW: #3 - Portfolio Modeling and Testing

Crypto HOW: #4 - Crypto Market Dynamics

WHAT?

These posts give you the tools necessary for you to be successful in the crypto space. Also, cover the coins/tokens that are important to take a look or invest. I will be posting about at least 1 coin/token a week.

Crypto WHAT: #1 - Tools and Discounts

Crypto WHAT: - #2 - Model Portfolio

Crypto WHAT: #3 - Note to DOGE Buyers

Crypto WHAT: #4 - Top 101 Tokens By Purpose

Youtube Channel & Playlists

Crypto: Youtube Channel & Playlists

Ask Me Anything

Crypto: Ask Me Anything (AMA)

Enjoy!

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Why?

1. (Listen) A16z on Crypto - an oral essay 

2. (Watch) Balaji Srinivasan on Bitcoin as the most important technology of the decade

3. (Read) The bullish case for Bitcoin - Vijay Boyapati

4. (Watch) Ross Stevens with Michael Saylor

5. (Listen) The Stone Ridge Letter to Shareholders - Ross Stevens

6. (Watch) Bitcoin Corporate Strategy or  A Masterclass in Economic Calculation - Michael Saylor

7. (Read) Modeling Bitcoin Value with Scarcity - PlanB, who predicted in 2019 that BTC will be $55K around 2021. This live chart shows how it’s tracking to the prediction over the last several years

8. (Watch) Bitcoin Metrics and the Macro Landscape - Willy Woo and PlanB 

9. (Listen) Bitcoin Common Misconceptions - Robert Breedlove

10. (Listen) Balaji Srinivasan with Tim Ferris. It’s 4 hrs long, and mind-blowing. He gives you a vision about how Bitcoin can change India, if India is ready for it

How?

Evaluating Tokens with White Papers

What?

Beginners Guide to Wallets

Technical - 60 Free Lectures from Princeton

Thanks to my friend for creating this list and allowing me to share it!

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Now that you gained knowledge on Why you should invest and leaned how (strategies), you need tools like these to execute your strategy!

We are in early adoption phase as of 2021. That means, there is a lot of friction in terms of acquiring coins/tokens. That is why many people are not yet investing; hence, low cost and high profitability.

Invest in the right tools to save your precious time and subscribe to good sources of information. Moreover, you can tax deduct these expenses to offset your gains.

You need many tools and trading accounts to be able to buy coins/tokens. So, it is important to understand these well and take advantage of discounts through referral programs that benefit both the referral and referee.

Let’s say you decided to buy a coin, you need to find out which exchange offers that coin at coinmarketcap.com or app.

Then open an account on those exchanges, aggregate those using other tools, understand how to store and get interest rate on those coins and stay ahead of taxation.

With any account you open, don’t forget to enable non-SMS 2 factor authentication. SMS is hackable. Use Authy or Google Authenticator. And backup your 2FA codes and avoid major pain!!!!

* Good to have. ** Must have. *** Can’t live without it

Exchanges

Centralize exchanges create private/public keys for you when you buy a coin. You can transfer coins to other addresses (or exchanges) on the same blockchain. You never have to deal with address and etc. KISS - Keep it sweet and simple.

Early Investor

Why?: Choose this when you want to buy large cap to mid cap (top 20 coins with market cap in 100+ Billions). You can simply buy BTC, ETH, LINK, FIL and many more and store securely. Low risk, medium reward - 3x potential.

• Coinbase** or Coinbase Pro - Most trusted and secure exchange. Coinbase is easy to use for most common coins. They create your public/private key to hold your coins on your behalf. You can buy coins/tokens and leave it there, move to cold storage, move to your own offline or hardware wallet. You can also earn interest in Coinbase (not Pro) on some coins through staking (Ex: 5% on Algo coin). Coinbase Pro is a complex trading only tool. Coinbase Pro has lower fees when you are trading more than 25k/month. It has same login for both site. You can always move funds between coinbase and pro for FREE. Offers free instance deposits up to $100k/day based on KYC. However, fees are higher than Binance.

Intermediary Investor

Why?: Choose this when you want to buy mid to low cap (top 20-100 coins with market cap in Billions) coins that are not available on Coinbase. Medium risk, medium reward - 5x potential.

• Binance.US* (for US Residents - Referral code - 53464414 - 20% discount on trading) - #1 exchange in the world; however, it is still a centralized, less trustworthy than Coinbase. More coins are available than Coinbase. Lowest fees when you buy a BNB coin and use that to pay for trading.

• Binance.com (non-US Residents only) - This exchange offer the max selection of tokens available and lowest fees, Use the referal link when signing up to get discount on trading fees up to 20%.

Advanced Investor

Why?: Choose this when you want to buy mid to low cap (top 20-100 coins with market cap in Billions) coins like DOT, ADA, and etc. More risk and more reward - 10x potential.

• Crypto.com*** - This is App only. Very easy to use. I am very much impressed by how many coins they are offering and adding. They have my favorites - VET, AUDIUS, ASX, RUNE, Terra LUNA and etc. We both get $25 with referral code.

  BTW - I got the CRO debit card and staked (earning 8% interest rate) some tokens to get FREE Netflix and Spotify subscriptions. There are multiple levels, choose lowest 2 options based on your needs :-)

• Kraken - 2nd best US based exchange. The most complicated user interface. But it offers many coins and offers good staking rewards (interest rate on coins that you bought - Ex: 7% on Polkadot)

• KuCoin* - Non-US based centralized exchange. This has largest selection of small cap coins. You have to report on FINRA and etc. Use the referral link to get discount on trading.

• Coinlist.co* - This is for initial coin offering. A very attractive gains if you can get in ICO. This is not only for new micro-cap coins, but also for mid-cap coins raising funds in subsequent sales. Ex: SOL was offered at $0.22 cents when price was $14 for max investment of $100.

  Check icodrops.com for your favorite coins.

Super Advanced Investor

Why?: Choose this when you want to buy small/micro cap coins like AUDIO and etc. High risk and high reward - 20x potential. Also, there are many options for staking on different Defi. I don’t recommend staking small cap tokens as you may want to sell those when alt-coin season is over.

• Ethereum Decentralized Exchanges - See the section below. Ethereum platform is like iOS or Android with many apps on it. Ethereum has many apps with their own tokens known as ERC20 tokens. You can trade these on DEXes on Ethereum platform. You need to create your own ETH wallet with private/public key with phrase and securely store them.

  All you need to remember is 12 word phrase and the public/private addresses can be recreated by the wallet. If you loose phrase or send coins to wrong addresses, you lose all the money. Try with small amounts first to get a hang of it.

Decentralized Exchanges (DEX)

• Metamask*** - You will need to install this Chrome Extension to use on Web 3.0 DEX. This will give you ETH address like 0x8920…... Once you go to any Dex, you can simply click to connect.

  You can install Metamask on web and mobile with the same Phase. Password protect your Metamask at all times.

• 1Inch** (other competitors - Uniswap, Macha) - All ERC20 tokens are available here. Better than Uniswap and others as it gets the cheapest price across multiple Dexes. However, you need to watch out for slippages and exchange rate. Otherwise, you will end up paying 25% more price and higher gas.

• THORChain - Muti-blockchain exchange - this is still in beta. This will be my ultimate DEX

• Dapp Radar** - FREE - See all the Dapps across all blockchains by rank, market cap, user base and etc.

• Defi Pulse** - FREE - DeFi ecosystem overview and value locked in each project.

Aggregation Tools & Bots

All Investors can benefit from these tools. You need to invest in tools as they will simplify tracking. Sometimes, you can even forget the fact that you bought something somewhere or stake. Believe me, it did happen to me. A single token with good returns will cover the cost and you can also tax deduct these expenses.

• Coinstats*** - ($49/yr. 20% Promo Code: Welcome_From_Mariam) A very simple tool that tracks and gives analytics on profit/lost for all of your tokens, staking across many exchanges & local Ethereum wallet too.

  Promo Instructions: It's activated from our website and your access is synced through all of your devices! After logging in web, just tap on your Profile icon on the top right -> select Become Pro -> click on Promo Code below a subscription plan that suits you most, and input this code to get the discount!

  You need to create API keys so that Coinstats can READ transactions. Don’t give permission to WRITE or TRANSFER!

• Zerion or Zapper - Free Ethereum ERC20 token holdings, pooling and staking. Sometimes, they offer trading as well based on Uniswap and etc. I usually go to 1Inch and trade there!

• 3Commas - ($15/month subscription is good for most) A very powerful aggregation and trading tool. I don’t login into my Binance at all as I use this. It also has automatic bots that you can copy from others to get decent gains by betting on many coins.

Taxes

• Koinly*** - ($50/yr) - You need to report taxes. Some exchanges offer tax documents and many don’t. You need to treat these tokens as any other capital asset like stocks. Exchanging a token to USD or other token is a taxable event. Short Term tax rate: your regular income tax. Long Term tax rate (hold for > 1yr): 10%, 15%, 20% based on your income.

  This tax software connects to many exchanges, your local Eth wallet and calculates taxes based on your transaction history.

News Tools

• Crypto Panic*** - FREE - Have you wondered why your coin went up or down and have no clue. This aggregates data from all news sites and shows you hot trending topics and you can search for whats going on with your coin. Stop panicking with this tool!

Market Dynamics Tools

• Blockchain Center*** - FREE - Understand the alt season index that is useful to decide when to get and out of Alts and BTC. Technically, >75 move to BTC; <25 move to Alts.

• Look Into Bitcoin - FREE - Great charts on market cycles and market entry/exit analytics.

• Coin Dance* - FREE - Give you good stats on adoption across the globe and demographies

• Bybt - FREE - If you are into futures, options and liquidations, this is the tool for you. You can also see what Greyscale (largest crypto investment fund) is doing - selling or buying and etc. Based on futures, you can time your buys and sells.

Fundamental Analysis Tools

• Coin Market Cap*** - FREE - Lists all coins, market cap, ranking, price and what exchanges you can buy on.

• Messari** - $29/month - One of the best resources tool with best information. Find full details about coins, tokenomics, VC investors, market cap and most importantly latest news and industry research of that token industry. IT IS WORTH IT!

• Glass Node - $349/yr - A very trusted blockchain analytics tool that tells you info on realtime trends on how many new addresses are created, where the tokens are going? Are miners moving to exchanges to sell and etc. NULP score - a score of how many addresses are sitting on profit? Will they be taking a profit and sell ahead to book profit?

Technical Analysis Tools

• Aurox*** - (FREE for now) Excellent web based technical analysis tool that integrates trading view. Click on +Indicators —> Aurox Indicators —> Aurox Indicator to show you buy/sell signals (green/blue triangles), auto created trend lines (green/red lines) and more.

• Trading View*** - ($155/yr for pro) Best web based technical analysis with buy/sell indicators for both crypto and stocks. It has screening and ideas where you can see other people analysis. IT IS WORTH IT!

Sentiment Analysis Tools

• Lunar Crush* - FREE - Alt coins investment is very speculative because we don’t know how to value the coins. So, it is mostly based on sentiment. This tool aggregates data from social media and other sites and gives Galaxy Score. You can also see what influencers are talking about and get on a new coin.

• Coin Telegraph Pro - $99/month - VOTECS score collects info about how hot a coin is on twitter and trending. This is too expensive and not that useful!

Additional Research Tools

• Tools Playlist https://l.avallam.com/cryptotools***

Indexes

Invest in indexes that are focused on trends so that you don’t have to keep reading. Here are some ideas

• Indexed Finance* - Has a list of indexes for DeFi, NFT and etc

• DPI Index - This is the most trusted DeFi index that invests in latest DeFi innovative projects. Many new projects are coming that are disruption this space and killing the most successful old ones. They keep rotating into new projects. Saves you a lot of time.

• Basket Defi Index* - This is classic example of new coming in and disrupting old one. This is the interest earning version of the DPI index.

  I am working on strategies to find good way to bet on trends with minimal time effort and also maximize returns at the same time. Will post soon.

IRA Investment

BTC investment returns are astronomical. As “Rich Dad, Poor Dad” says, rich people don’t earn more, they save more by reducing taxes. Roth-IRA allows you to buy crypto with post-taxed savings, i.e, never pay any tax on gains. IRA delays taxes till retirement. Currently, there is no way to buy ETFs yet to invest in crypto. The only way is to invest is through self-directed IRA accounts.

• Kingdomtrust - Recommended by Pomp. It has many options for keys - they manage, or custody with fidelity or offline storage. Has low yearly and setup fees.

Digital Real-estate

• Unstoppable Domains***: Register .crypto and .zil domains with 1 time payment of around $40. No more renewals. You can configure to have your ETH address or a website.

Staking

You want to earn interest on the tokens while holding them? There are some DeFi platforms that lend your tokens (Ex: for 13 second loans) and give you awesome returns. It is real in Defi - no scam. Large caps tokens like BTC, ETH you can earn 5% and a whopping 12% on USDC or USDT or DAI stable coins. Stable coins don’t lose dollar value, but you have risk of coin backer going out of business or DeFi app being hacked. These have been in a business for a while and the chances are low to medium.

Stakingrewards* is a good research site for coin staking options. Zerion/Zapper also have tons of information.

Think of getting that much return on your Checking account. Less risk and good reward. Now do you realize why I say that 25% of the financial institutions that we know today will be out of business in next 5-10yrs?

This space changes all the time - check out this good video

https://youtu.be/wttbzhrBOBA

• Celsius - This CEO has very good credential and reputable to bring Wifi to NY subway and etc. I use Celsius app. It is started by a good founding team with a lot of token staking. It is quite easy and secure enough. Use referral link and earn $20 in BTC with your first transfer of $200 or more! You need to transfer to the tokens to the addresses it provides in the app. Sending to wrong token to wrong address is irrevocable. Remember, it takes 24hrs to withdraw tokens from these wallets.

• Blockfi (public company) - More transparency and is backed by VCs. Last time I checked, it has only 5 top coins - BTC, ETH and etc.

• Voyager - I applied a while back, but couldn’t even get the invite. It was a highly recommended site.

• Gemini is the most reputable company. Most of the smaller companies are owned by same investors and most lend to Gemini. But the rates are going to low.

• Nexo - European regulated with 40yrs of experience. Get 12% on regular currency staking as well.

• KuCoin - Can get you around 20% on stable coins.

  Be cautious and spread your bets on multiple buckets as they may get hacked.

Top coins for staking

Liquidity Pools (LPs), Farming and Yield

This is a vast field. LPs, Farming and Yield varies a lot across platforms and always changing. I don’t care much about these for small caps as I want the option to sell at will when the markets are turning. Crypto markets turn too fast to lock my tokens.

Decentralized Exchanges use Liquidity pools - 2 sided (Uniswap) and single sided (Bancor, Thorchain). 2 sided LPS have a chance of impermanent loss.

Read: Case of staking and strategies

Your Input

Latest tools are coming up every day. Please share your favorite tools in the comments and I will be happy to include them in the post. For good suggestions, you may get a free month of premium subscription!

Welcome to Technology, Education, Policy Newsletter first post! In this post, I will walk you through how I kept myself ahead of the adoption curve. And make a case for WHY you should invest in crypto by bringing all the disparate information spread all over and bust some myths in the process. My goals is to make this content digestible for a common man/woman (no technical mumbo jumbo). Let’s discover the why together!

Source: thegoldengoose.com.au

I am truly fascinated by Blockchain and Artificial Intelligence (AI) technologies. Till now, I thought AI has a huge potential. Now, I subscribe to the notion that Blockchain has more potential to create a more equitable society than AI. (I will be posting on this specific topic)

I have been investing in Crypto since 2014 and have been blown away by the opportunities created by the blockchain for the common man, i.e, eliminating the middle man (brokers - banks, lenders, tv channels, cloud) in every aspect of our life & putting us ahead of the Venture Capitalists (VCs)/Investors; thus leading to a more egalitarian and equitable society.

Fundamentally, Blockchain created trust between 2 parties that couldn’t trust each other before without a middle man. (Optional: Read the original white paper if you have time)

That is why, I call blockchain - “the common man protocol”. This is best thing ever happened to a common man (I will post a lot more on this). Thank you, Satoshi Nakamoto! The society owes a lot to you!

Read: Planting Bitcoin - Species - Dan Held

About me - Engineer, Entrepreneur, Hacker and Investor

I am a software engineer and an architect; I worked in FinTech for startups and large companies like Charles Schwab. I currently work at Google. I am an entrepreneur and had my own startup in the past.

UC Berkeley Executive MBA gave me necessary financial analytical skills and a keen eye to evaluate entrepreneurial ideas with conviction!

3 Bay Area Blockchain hackathons that I won gave me an in-depth technology chops. Teaching “Blockchain & Artificial Intelligence” for 2 yrs at UC Berkeley Exec Education to 500+ CEOs/VPs/Directors across the globe and interacting with them gave me much needed insights about the future of our world and society at large.

Learning from the Visionaries

Listening to great visionaries like Raoul Pal, Balaji Srinivasan (Former CTO of Coinbase), Naval Ravikant, Tim Ferris, and Robert Koyisaki has enlightened me and opened my eyes up to a whole new world of possibilities.

Raoul Paul (RealVision Finance TV CEO) talked about macro economic future. He invested most of his wealth in Crypto.

Robert Koyisaki (Author: Rich Dad, Poor Dad - best seller) - Talks about past and why you should buy Bitcoin

Naval Ravikat with Tim Ferris talked about crypto and why you should buy crypto

Balaji Srinivasan (Former CTO of Coinbase) with Tim Ferris talked about the future of world with blockchain

Here is a youtube play list to watch all!

Supply and Demand - Modeling the Price

Further along, reading PlanB simply blew up my mind with his model with a target price of a single Bitcoin at $10M by 2026.

Many models in the past were used to predict Bitcoin price; only 1 model has withstood the test of time since 2010 - The stock to Flow (S2F) cross-asset model by PlanB @100trillionUSD. This is used for predicting the price of gold and silver; it has been pretty accurate in predicting the price of Bitcoin.

Real-time model: https://digitalik.net/btc/

Did your brain just explode, or are you calling the bullshit? Let’s digest this slowly.

There can only be a maximum of 21 Million Bitcoins due to mathematical limitations in the blockchain software, which can never be changed! So far, in 2021, 18 million Bitcoins have been mined/produced. (Info: What is bitcoin mining?).

Let’s do Simple math - there are 7.5 Billion people on earth. Let’s just say that there are the top 1% of filthy rich people, i.e., 75 Million. If each of them decides to buy Bitcoin, the maximum a person can own is 0.28 BTC. Don’t forget the fact that there are so many coins that have been lost as many forgot their private keys!!!

Source: Bitcoin Will Dominate 21st Century, Has Zero Threats to Existence: Michael Saylors

“Bitcoin is the fastest growing, most disruptive force in the world right now, objectively speaking. It went from $0 – $1 trillion in 12 years. That makes it the most disruptive tech in your lifetime, in my lifetime – more disruptive than Amazon, Apple, Facebook and Google, more disruptive than anything in our lifetime.”

The CEO also says there’s a common misconception that Bitcoin should be viewed as a currency, and therefore could compete with national currencies. Saylor notes that it is more accurately described as a crypto asset, and as such poses much less of a threat to fiat currencies than stablecoins.

“Once you understand [that Bitcoin is] a crypto asset, then you understand it’s not competing with the [US] dollar and the euro. [Bitcoin is] competing with gold and silver and ETFs (exchange-traded funds) and stocks… Jerome Powell (Federal Reserve Chair) said two weeks ago, yeah it’s digital gold…

[Large governments are] going to be concerned with stablecoins, like the ability to move billions of dollars of euros on a crypto rail, or the ability to move billions of dollars of US dollars on a crypto rail. That’s going to draw the interest of the banks because currency is the provenance of the bankers and the government. And they’re going to be concerned about controlling their currency.”

Adoption Curve

Let’s face it: We are the early adopters! Understanding crypto and investing in it is not easy, and that is why many people are not yet investing.

If you have waited for first iPhone/Pixel in a line at 4pm in the morning - you are the innovator. Early adopters are willing to go the extra mile to get over resistance to reap early rewards.

Source: https://www.helloiota.com/articles/technology-adoption

The opportunity to make maximum profit with little less risk is in the “Early Adopter Zone - Visionaries“. That is where we are now - visionaries are getting into Crypto.

What if the rest of the 99% of population (Early/Late Majority and Laggards) wants to own the same scarce resource This truly is a “Once in a generation opportunity to create massive wealth”!

Blockchain is an Open Ledger - Disappearing Black Market

The blockchain transaction ledger is stored on all the validator nodes (computers that validate transactions on the network). Exact copies of transactions (with the sender's and receiver's public keys, the amount, and the fees paid) are replicated on all the machines. This means anyone can see/trace all the transactions made on the blockchains from the beginning.

Blockchains are pseudonymous (like an alias that may be traceable to an actual person) - public keys/addresses can’t be attributed to a person. Only the person owning the private key can prove that they own the public key without revealing the private key. This is also known as signing.

The government used blockchain to trace stolen coins back in 2016.

In April 2021, Feds Arrested an Alleged $336M Bitcoin-Laundering Kingpin. Fed used decade decade-long trail of transactions to catch him.

Former CIA Acting Director Michael Morell recently authored a report examining Bitcoin's use in illicit finance. In short, he found that the illicit use of Bitcoin is far less than many people assume, and probably even a significantly smaller share of the Bitcoin economy than the illicit use of dollars is vs global GDP.

If Bitcoin and ETH blockchain are transparent ledgers, do you think criminals want to use them? Moreover, the market's other coins (Monero and Zcash) try to bring complete anonymity. Maybe they will be used for this, not BTC or ETH.

Myth busted! - more transparent than current banking ledgers! How much black money is in Swiss banks or the Cayman Islands today?

Energy Usage - Why We Need Proof of Work?

Bitcoin uses energy because of the “Proof of Work” algorithm that validators (transaction block creators, i.e., miners) have to run. They have to solve a mathematical problem (number multiplication with a random number to generate a final number of 4 or 5 leading zeros) using only brute force, i.e., no shortcuts. In reality, many computers pool together and solve the problem to create a block of transactions. (As computing power increases, the Bitcoin network adjusts the puzzle complexity to ensure that a block is generated approximately every 10 mins; hence, 10 min transaction processing time. This also ensures that supercomputers can’t just take over the network). For validating, they get a block reward of 6.5 BTC today. Every 4 years, this reward will become half. Because these nodes must prove that they used raw computing power, it is called “Proof of Work.”

Many blockchains have moved to “Proof of Stake,” which requires minimal energy. In this case, a validator node will just deposit/stake millions of dollars, pledging that they will not commit fraud. If any node tries to include fake transactions, other nodes detect and penalize the lousy validator, taking away their deposit; hence, it is in their best interest not to commit fraud. This not only reduces energy use but also speeds up transaction throughput. Sounds like a no-brainer to move to this, right?

Ethereum network version 2 plans to move to this to scale its network; however, there is a massive opposition to this. The whole idea of blockchain is not to give control to a central authority like a government or a dictator. Which algorithms would be easier for a government to implement and take over the network by starting more than 51% of their validator nodes?

The energy consumption of the crypto is much less (~40% less) than the energy used by the financial institutions it is going to replace with DeFi (Decentralized finance).

Moreover, it is actually suitable for renewable energy grids. All validator nodes need is an internet connection and power. They can also be turned off and on whenever they want. So, most mining operations are set up near cheap energy sources. Since renewable energy has ups and downs and no excellent storage solutions, the excess energy must be used immediately. These validator nodes can be the last leg of the customers, i.e., increasing funding for renewable ecosystems.

Myth busted - it is suitable for renewable energy, not bad! (Additional - Youtube Fact Check)

Can Other Coins Replace Bitcoin? (Ex: DOGE)

Currently, there are around 6000 coins in the market; many more have started and died. Bitcoin has the first-mover advantage and amassed colossal adoption. Many software systems (payment, ATMs, and many more) are integrated with the Bitcoin blockchain. These all required significant investments from these adopters.

Since it has a maximum supply, it is considered a digital gold to fight against inflation. People from countries like Argentina (which has massive inflation) are buying Bitcoin.

The Lindy effect is a theorized phenomenon by which the future life expectancy of some non-perishable things, like a technology or an idea, is proportional to their current age. Thus, the Lindy effect proposes the longer a period something has survived to exist or be used in the present, it is also likely to have a longer remaining life expectancy. Longevity implies a resistance to change, obsolescence or competition and greater odds of continued existence into the future.

Bitcoin leads the pack with a $1T market cap as of 2021; it is hard to replace this. Many tokens in the past replicated the Bitcoin max supply; however, none survived. Bitcoin withstood the test of time for the past 11+ years; there is a high probability that it is here to stay and be the #1 coin.

Not many other coins have the same scarce trait, most importantly, along with adoption and first mover advantage!

Old Visionaries Became Laggards - Good that We Can Still Afford to Buy BTC

I like Warren Buffet and other visionaries of the past. They only invest in the things that they understand. That is how it should be. It is hard for them to grasp this new technology and overcome their firm beliefs in physical assets. It will be hard for them to get over it. Not only Warren Buffet but so many other wildly successful traditional investors can’t get over this barrier.

Good Debate for and against (traditional video) - Real Vision Finance TV Interview

This is normal for companies, too. For example, Kodak invented excellent B&W film. When the color film came out, they said who would use less quality color film when you can get the best quality B&W film. They didn’t invest, and you know the rest of the history!

This is good for the common man like us that likes of Warren Buffet haven’t invested in crypto. Otherwise, BTC price would have been very high for us to get in. That is why we need non-believers for us to accumulate more.

Companies Came Before Institutional Investors - A Rare Unexpected Case

No one expected companies like MicroStrategy Tesla to invest money in crypto. Everyone was expecting investment firms and hedge funds to jump in first. However, Michael Saylor (@michael_saylor), MicroStrategy CEO (owns $4.5B BTC), changed all that in Oct 2020 with his online conference (200k Execs attended compared to a few thousand every year). (Read: ).

Most tech companies amassed massive amounts of cash and sometimes don’t have other opportunities to invest or expand their business. He made a case that investing in Bitcoin gave them 160% returns every year, which is the best way to provide higher returns for its investors. Many listened, and MicroStrategy stock shot up as they had 90,000 BTC that was purchased at a low price. :-)

Companies across the globe invested $64B in coins https://bitcointreasuries.org/

A recent survey by Forbes found that 25% of the companies plan to invest in crypto in 2021 compared to 1% in 2020. As per Cathywood, if companies invest only 5% of their cash, that would bring trillions into Bitcoin ($1T market cap) and ETH ($380B market cap). Will this event alone double or triple the price of BTC ETH?

Crypto Regulation Risk - Low to Medium Risk

Regulators worldwide have already acknowledged that it is hard to ban Crypto as it is a snake with 1000 heads, i.e., no central point exists. If you ban one geography, it will simply move to other areas and survive with minimal disruption. A classic example is India, which is trying to ban it. All the nodes and the developers are simply moving operations to other countries. And most of the Indians are still buying crypto through Binance and other exchanges.

When you know you can’t stop it, you try to control it as much as possible. That is what regulators are doing. They partially admitted by creating IRS taxing rules - treat Crypto like any other asset - stocks and pay capital gains tax. This reduces the risk of altogether banning Crypto in the US.

Canada already approved several ETFs for both BTC and ETH. Ethiopian South Korean governments are already using blockchain for some of the governance.

Blackrock (UK) is the #1 investment company in the world with an AUM of $9T and is already testing the waters. Other institutions are paying attention as their wealthy customers are asking for it. Morgan Stanley ($3.2T) and JP Morgan Chase (AUM $1.9T) are under tremendous pressure to create ETFs. They all applied for ETFs to the SEC and will most likely be accepted. Guess who influences SEC? These same financial institutions Executives becomes advisors and lobbyists when they retire.

Cathy Wood from Ark Investments said that if institutions move 5% of their portfolio to Crypto, it alone will add $500k price to BTC and they will. Mind blown yet??

You should try to get in before these ETFs will be out. Swift action matters. Read my “Tools & Discounts blog to get started right now“.

Source: https://seekingalpha.com/article/4217263-asset-managers-you-are-not-growing-you-are-dying

Moreover, Gary Gensler, the US Securities and Exchange Commission (SEC) chair under Biden. He is a professor at MIT and a senior advisor to the MIT media lab Digital Currency Initiative. He is already talking about bringing regulations that bring credibility to the industry. He is the best thing a crypto community can ever get in policy-making to make it succeed.

Additionally, many of our senators own crypto themselves. Do you think they will kill their own investments?

Security Risks - Real

This is one of the significant risks.

We may find significant security issues in the blockchain. However, the technology has been there for 12 years and has improved. Unlike traditional companies, the crypto developer community reacts fast and fixes things within 24 hours.

Another risk is someone stealing your investments by hacking your private keys or exchanges being hacked. This is becoming less of an issue as crypto exchanges are becoming more secure and people are becoming more aware of how to store keys - tricky wallets, 2FA, etc. As long as you can protect your keys, you are good.

Additionally, once ETFs are out, you can simply transition to those to reduce your risk further.

Quantum Computing - Unknown Risk

Quantum computing expert Andrew Fursman believes that Bitcoin could one day be at the mercy of quantum attacks as computers grow more powerful.

“It’s mathematically proven that if you have a device that looks like the kind of quantum computers that people want to build, then you will be capable of decrypting this information significantly better than could ever be possible with classical devices.”

I am not too worried about this as quantum computing doesn’t appear in a single day; it will be over time. The crypto community reacts quickly; they can adapt to quantum computing attack risk, use quantum computing to create a better cryptographic key, migrate past transactions (blocks), and update public/private keys.

Final Case for Bitcoin

Still not convinced? Read this https://casebitcoin.com/

In the future, we can’t talk about owning a Bitcoin; you will be laughed at; we can talk only about owning a satoshi. :-)

A satoshi is the smallest unit of a bitcoin, equivalent to 100 millionth of a bitcoin. Bitcoins can be split into smaller units to ease and facilitate smaller transactions. The satoshi was named after the founder, or founders, of bitcoin, known as Satoshi Nakamoto.

Bitcoin is just the tip of the iceberg. It is only 1 of the tokens out of 6000 tokens that are trying to solve different problems.

Currently, I am working on ideas for starting a company in the crypto space. So, I spent a lot of time researching many tokens to understand the business problems they are solving. I realized there is so much potential for 10x-100x gains in this space, i.e., much more than Bitcoin!!!

My life’s motto is “Learn, Earn and Return”

Given that I had so much information and the once-in-a-lifetime opportunity to make money, I decided to share my thoughts with friends & family so that they wouldn’t miss out. Now, I am extending this knowledge to other like-minded people like you.

Here is the market sentiment in crypto TODAY: Latest Crypto Fear & Greed Index

Are you a “Early Adopter or Visionary“ or a “Late Majority or Laggard?“.

I will teach you how to become a “Visionary” with the right information. Sign up now so that you don’t miss out on the opportunity!

In the meantime, tell your friends!

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