4.11 What Is Crypto and How to Handle It with Evgeny Egorov

Happy New Year, friends! No matter how hard we tried, the previous episode about NFTs still came out packed with “crypto words”: bitcoin, ether, binance (not to confuse it with bi-hance), alts, mining… You practically want to open a dictionary. That’s why in the first episode of the new year we decided, in a human way, to break down what blockchain is. We invited again your familiar Zhenya Egorov—he explains the basics of this mysterious crypto world literally “with his hands,” so it’s understandable even to your grandma.

In the episode we discuss:
— why the first wave of the pandemic was a good moment for investments and where it logically makes sense to start;
— the main misconceptions about the crypto market: myths, legends, and typical mistakes;
— how it happened that crypto became so popular exactly now;
— where Bitcoin came from and how a decentralized system works;
— bitcoin, altcoins, stablecoins—what they are and how legal they are in general;
— how much money a beginner needs to enter crypto and what results they can expect;
— first steps: a checklist for how to buy your first bitcoin without intermediaries.

Useful links from the episode:
1) Coinmarketcap.com — a cryptocurrency aggregator in one place
2) Binance — registration on the largest exchange (10% discount on commissions)
3) Cryptobubbles.net — interactive market statistics (especially for designers)
4) Checklist “how to buy your first bitcoin”

And as a bonus for listeners from Zhenya: a discount on a beginner crypto course. This program is for those who want to quickly understand blockchain from scratch and learn how to make crypto investments with minimal expense. With the promo code “DESIGNPROST”—minus 10% on any plan on the site egorovdigital.com/crypt.

P.S. Part of the funds from course sales will go to developing the podcast “Design Prost.” You can support the podcast with any amount via this link: https://sobe.ru/na/g202f1o1G0z1
Likes, shares, and reposts also help a lot.

* Mentions of Instagram and Facebook may appear in episodes. The activities of Meta Platforms Inc., which owns Instagram/Facebook, are prohibited in Russia in relation to implementing these social networks due to recognizing it as extremist.