136: Delving into Cryptocurrencies with Jay Smith

Three Devs and a Maybe

In this episode we are lucky to have cryptocurrency proponent and trader Jay Smith on the show. We start off by talking about how he got introduced to cryptocurrencies and trading, highlighting what trading actually is, and the two different schools of thought (fundamental vs. technical analysis). From here we move on to chat about how innovations such as Bitcoin are changing the way we view money/bank, the underlying technologies that make it possible (Blockchain), and the game-theory/incentives behind it for each participant to continue ‘playing the game’. Conversation then moves on to touch upon alternative cryptocurrencies (alt-coins) and the different use-cases/advancements they are making in the space. Finally, we highlight Bitcoins scaling dilemma, how all routes seem to effect decentralisation in some shape or form, and how he stores his private keys.

Show Links

• Jaynemesis - Accessible Copy Trading
• Jaynemesis - eToro
• Pizza for bitcoins?
• Introduction to Fundamental Trading
• Introduction to Technical Trading
• Ivan on Tech - YouTube
• Bitcoin Improvement Proposals
• Dash Crypto Currency
• What’s the difference between hyperinflation and inflation?
• Inflation, measuring the cost of living - Khan Academy
• Learn Cryptography - 51% Attack
• Genesis block - Bitcoin Wiki
• Zimbabwean dollar
• Monero - secure, private, untraceable
• Ethereum Project
• ERC-20 Token Standard - GitHub
• How Blockchain Tech Could Move Self-Driving Cars Into the Fast Lane
• ParkByte
• Analysis of the DAO exploit
• SegWit
• Lightning Network - Bitcoin Wiki
• Bitcoin Cash - Peer-to-Peer Electronic Cash
• Bitcoin Gold - GPU Bitcoin Mining (Official Website)
• Litecoin.com - Open source P2P digital currency
• Charlie Lee on Twitter
• Payment channels - Bitcoin Wiki
• What is a pre-mined coin?
• Exodus - Manage Blockchain Assets