Bear run
Blockchain
- a secure type of ledger that documents transactions of cryptocurrencies
- organizes a big spreadsheet of transactions in blocks
Bull run
Cold storage
- e.g Ledger Nano S
Crypto
- intangible magic internet money that can be used for payment
- over 7,000
DeFi
Dollar cost averaging
KYC law
- know your consumer law
NFT
- Non fungible token (not interchangeable)
- ownership of a jpeg image
- you cannot own and sell licenses. the original owner does
- most expensive: $69 million (one guy’s pieces of art)
- It’s here to stay
- Significant interest from household gigantic brands
- potential: NFL sports cards, NASA