Your Chapter 2 - More terms, ideas & teachings of cryptocurrency, and a hard lesson I had to learn. I need to start off by saying this is not financial advice so if you are looking for that this show isn’t for you. The content of this podcast episode is for informational purposes only. The opinions expressed here are not meant to be taken as financial, investment, or any other advice. Welcome to your “chapter 2” of your cryptocurrency experience. I want to say thanks from the bottom of my heart for listening so far and I hope the episodes have truly helped and you keep coming back for more. You’ve all been doing a great job so far. And I can tell many of you have been sharing this podcast which is fantastic. The whole point to this podcast is for people to get educated in all things crypto purely because cryptocurrency isn’t going anywhere. I have tried very hard to consolidate a lot of information into shorter segments almost like cliffsnotes for you. I think this is (for me at least) easier to understand. Too much information can overwhelm many of us. So I hope this style of learning helps most of you. If you just found this show and are completely new please start with the first episode of the podcast. It doesn’t do you any good to get confused and the process will be much easier starting from the beginning. With that out of the way let’s get started. We’re going to start with more terms that I think are important, 12 to be exact. These terms come up quite a bit in the crypto community and I think they are some of the more crucial ones to start understanding as you progress. It’s okay if you don’t remember these the first time around but the more you hear them the more you’ll understand them. 1. Microeconomics “The Bottom-up Approach” 2. Macroeconomics “The Top Down Approach” 3. POW - Proof of work 4. POS - Proof of stake 5. Arbitrage 6. ATH - All Time High 7. Bear or Bearish 8. Bull or Bullish 9. Consensus 10. Private Key 11. Public Key 12. Whale Now let’s go through each term more in depth.