There’s this fancy trend going around the districts of town Crypto defining blockchain as a trustless network, meaning that no single entity/node/miner or other party has excessive power in the structure. This practice does not let any single bad agent to accumulate a significant amount of influence which could later be exerted to manipulate the network. Hence, the decentralization proposed by the blockchain that everyone is screaming from the top of their lungs about…

If you’ve been monitoring Crypto evolution at least for a couple of months, you must have seen headings describing Crypto space as a swarm of scammers, criminals and con artists flash in front of your eyes at least a few dozen times. With the recent developments of BitConnect (token price went through the floor, the basement and the top layer of soil), these claims are not completely uncalled for. Bitconeeeeeeect. Price went from $442 USD to $2.

A good lesson not to invest into Ponzi schemes.

Ouch…

Nevertheless, assuming you own a spark of common sense and at least one of your parents did a somewhat decent job of teaching you to question everything you read or hear - hours spent exploring the space eventually reward you with a break. By a mere accident, you might bump into some lighthearted developers who spare their time (extremely well paid time, I might add) to explain cryptography and intricacies of the technology. Some of them are able to perform the task so marvelously as if it wasn’t blockchain they are referring to but simply some LEGO blocks of a four year-old’s pirate ship. Take that information greedily — as water appearing in the desert.

If you actually put the time and effort in without dismissing the notion of Crypto, it slowly becomes easier to absorb what’s happening in the space. You just have to keep your determination rock solid and do not quit during the first couple of times when you’ll hit a wall of confusion and start to question whether you own that grain of common sense or are you just a regular everyday idiot. Cause that’s definitely happening. And that’s not even the worst part.

The thing is Crypto turf is still very young and underdeveloped. This means that reliable sources are extremely rare meanwhile people who call themselves ‘experts’ most often than not don’t fully know what they are talking about. Your bullshit sensor should always be on full power or you’ll get crushed.