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Now to the topic…
THIS NEWSLETTER IS NOT FINANCIAL ADVICE, THIS IS FOR INFORMATIONAL PURPOSES ONLY!!!
Terms/Acronyms/Lingo:
Keys -
a key is a long string of numbers and letters used to secure transactions and control access to your digital assets.
Ledgers -
A "crypto ledger" refers to a digital record-keeping system that tracks cryptocurrency transactions.
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Web 1.0 vs Web 2.0 vs Web 3.0 -
Web 1.0, 2.0, and 3.0 represent distinct stages in the evolution of the internet, each with unique characteristics and functionalities. Web 1.0 was a read-only, static environment, while Web 2.0 introduced user-generated content, social networking, and increased interactivity. Web 3.0 promises a more decentralized, intelligent, and interconnected web experience, leveraging technologies like blockchain and AI.
Acronyms:
- Non-Fungible Token (NFT)
MEME - fun ways for groups to express their community in the form of a token
TradFi - Tradional Finance
DeFi - Decentralized Finance
TVL - Total Value Locked
AMM - Automated Market Maker
LP - Liquity Pool
Lingo:
Moon - price shoots up
DCA - dollar cost average
Maxi - Maximalist to one ecosystem over another(negative connotation?)
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Special Shoutout:
To my grandfather, who passed away a few years ago. He was a World War 2 hero, who was shot down in his plane and escaped capture. When he went back to civilian life, he farmed and raised 5 children. He and my grandmother were married for 77 years. 🙏