QUICK LINKS

Follow the adjacent links to learn more about a number of public blockchain & cryptocurrency projects that could impact the world of Digital Finance.

Here are some short term ‘calls’ [as of 27 May 19] that are obviously not to be taken as investment targets/advice; but will be used to illustrate some of the basics of 'Digital Finance' as it evolves into the 3rd decade of the millennium:

BNB - Binance (Coin) is one of the largest centralised exchanges

PUNDIX - Indian based mobile payments early adopter PundiX

EOS - One of the more promising blockchain 'infrastructure' projects

SOLVE.CARE - Medical Administration Token by SolveCare

BAT - Blockchain based Digital Advertising token by Brave

XBT [margin trading] - Bitcoin is the dominant market cap running at 60-70% as of writing. A 'wolf of wall street' rides it up but shorts the overbuy; Bitcoin was only a test case and remains impractical for high volume transactions in real use.

ETHEREUM [infrastructure / DAI / Collateralised Debt Positions]

- Ethereum is the first decentralised computing platform; using to power d'Apps, Ether is the currency which is ('occasionally') used for collateral to draw a new 'loan' currency: DAI; 1 DAI = 1 USD through the MakerDAO project

SNX - Synthetix is an Australian based fiat stable coin project offering a multitude of fiat currencies

 
 

THE FIRST PORTALS

A quick summary of some beginning steps for those venturing into the cryptoworld be they individual, entrepreneur or investor. From my perspective, this is most suited to those with an antipodean approach, but this is free (spot the hidden referral codes) and open to those pursuing sovereignty of their online personal identity. #liberationetc.

Cryptocurrency Exchange

Independent Reserve is an Australian institutional grade cryptocurrency exchange with an orderbook enabling Australian and NZ clients to securely trade, invest and hold digital currencies. Independent Reserve operates fully in line with Australian financial services regulations; accepting SWIFT bank transfers and other payment methods.

Cryptocurrency Exchange

Binance is a 'global' [Chinese] cryptocurrency exchange that provides a platform for trading more than 100 cryptocurrencies. As of May 2019, Binance has been considered as the biggest cryptocurrency exchange in the world in terms of trading volume.
Binance also trades its own coin, Binance Coin and is a financing platform for many blockchain and cryptocurrency projects.

Hardware Wallet

Ledger is a popular supplier of hardware wallets which are the primary 'cold storage' method used for cryptocurrency; hardware wallets are the most secure class of wallet encrypted on a localised physical device; normally connected via USB or bluetooth to a PC or smartphone and interfacing with browser plugins or applications.

Another popular provider of hardware wallets Trezor: which differs due to the open-source nature of its security technology.

Both feature a 'Medium-High' level of resistance to black magic due to the inherent principles of 'cold storage' and the data-gap achieved upon physical disconnection from a network.

Cryptocurrency Wallet

Metamask is a cryptocurrency wallet which can be used on the Chrome, Firefox and Brave browsers. It’s also a browser extension. This means that it works like a bridge between normal browsers and the Ethereum blockchain..

The Ethereum blockchain is a network where users can build their own apps (which are called dApps) and cryptocurrencies. Ethereum also allows its users to write transaction guidelines called smart contracts. MetaMask can be used to store keys for Ethereum cryptocurrencies only.

Medlium-low level resistance to black magic with private keys secured in browser.

Pay-to-surf Web Browser

Brave is a free and open-source web browser developed by Brave Software Inc. based on the Chromium web browser.
The browser blocks ads and website trackers. In a future version of the browser, the company has proposed adopting a pay-to-surf business model.
Giving users BAT (Basic Attention Tokens) for viewing advertisements that can be tipped to creators or converted into another crypto-currency.
As of 2018, Brave supports Windows, macOS, Linux, Android, and iOS. The current version features 5 search engines by default, including their partner, DuckDuckGo.

Cryptocurrency Portal

A crypto-agnostic industry leader providing exchange and investment services; with access to the buying and selling of Bitcoin and Ethereum online with AUD.

Bitcoin Australia aims to deliver the best cryptocurrency service in Australia and is a member of the Australian Digital Commerce Association.

Australian Payment Merchant

LivenPay is the world’s first global lifestyle economy powered by blockchain, with a growing payment network of over 400,000 users and more than 1,000 merchants.

Liven pays you for 'eating' with LVN - ostensibly the Digital Currency for Food. Compatible with the smartphone inclined.

Cliffnotes version: Pay with your phone and earn universal cash rewards at hundreds of restaurants in Melbourne and Sydney + more. 

 
Person at Night with Smoke

WTF WAS THAT?

There are many aspects of Digital Finance,

but inherently trust is the most valued currency

Bear with it and take a breath;

let us underline some primary concepts

Stay with me

 

A FINANCE REFRESHER

Designed with You in Mind... (not really that was Wix stock text but I'm sure you trust me now)

Dollar Bills

CURRENCY

Currencies are loosely definable as an“economic buffer” as they allow people to convert their physical or mental efforts into something that maintains its value and can be converted back into goods or other services at a later point in time; they are a portable time secured store of value.

Currencies are perhaps most simply defined as a medium of exchange between individuals.

'Bread, cash, dosh, dough, loot, lucre, moolah, readies, the wherewithal: Call it what you like, it matters. To Christians, love of it is the root of all evil. To generals, it’s the sinews of war. To revolutionaries, it’s the chains of labor.'

- from Niall Ferguson's 'The Ascent of Money'

CRYPTOCURRENCY

The concept of Digital Currency started in the 1990's but eventually came to mainstream prominence following the public release of the Bitcoin whitepaper by Satoshi Nakamoto in 2009

A cryptocurrency (or cryptocurrency) is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.


Cryptocurrencies use decentralized control as opposed to centralized digital currency and central banking systems; which at a certain point fail due to their inherent dependence on human 'fallibilities' of character, or at another abstraction their 'eventual' imperfect perception of reality.

Without fail, there remain possible circumstances where these individuals in elected or dictated power will diverge from the path of the 'greater good' and make choices to further their own vested interests; to the long term detriment of underlying economic and social systems.

The decentralized control of each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database.

Bitcoin, first released as open-source software in 2009, is generally considered the first decentralized cryptocurrency. Since the release of bitcoin, over 4,000 altcoins (alternative variants of bitcoin, or other cryptocurrencies) have been created.

-Wikipedia 2019

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Room 101 is the basement torture chamber in the Ministry of Love, in which the Party attempts to subject a prisoner to his or her own worst nightmare, fear or phobia, with the object of breaking down their resistance.

Nineteen-Eighty-Four by George Orwell