Mar 19, 2021 • 38M

RM Founders Series - What Is Blockchain, Bitcoin and Ethereum with Qayyum Rajan

Listeners Asked And We Answered. Tune into this weeks founder series to better understand what’s fuelling the crypto craze. This is a fantastic primer for anyone wanting to learn the space.

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Reformed Millennials
The Reformed Millennials Podcast covers a wide ranging topic arc focusing on Sports and Investing. RM Pod is dedicated to identifying the latest trends in technology, sport and investing. We discuss the ways Millennials can leverage these trends to better invest their time, fandom and money.
Episode details

In this week's Founder Series episode of Reformed Millennials, Joel Brings back ESG Analytics CEO Qayyum “Q” Rajan, CFA to Talk Crypto.

Q isn’t just a ESG company operator interested in crypto, he’s also the proud owner of a Ethereum tattoo on his bicep. To put it mildly, Q is dedicated. Having a very successful exit under his belt with the iComply ICO, we felt like Q was the perfect person to educate the Reformed Millennials listeners.

Listen on AppleSpotify, or Google Podcasts.

If you aren’t in the Reformed Millennials Facebook Group join us for daily updates, discussions, and deep dives into the investable trends Millennials should be paying attention to.

👉 For specific investment questions or advice contact Joel @ Gold Investment Management.

🌚Crypto Basics🌞

Understanding the Crypto space isn’t for the faint of heart. And to those who think its nothing more than Tulips 2.0, I think this podcast is great place to start your journey to enlightenment.

Some writing from Q on Crypto here and here

NFTs, Bitcoin, Ethereum, Cardano, Blockchain, DAO, Decentralization, ICO, Virtual Tokens, Miners, Crypto, Dogecoin… The list is exhausting!

cryptocurrency is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership. It doesn’t exist in physical form (like paper money) and is typically not issued by a central authority. Cryptocurrencies typically use decentralized control as opposed to centralized digital currency and central banking systems. When a cryptocurrency is minted or created prior to issuance or issued by a single issuer, it is generally considered centralized. When implemented with decentralized control, each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database.

How the Blockchain Works:

A blockchain is a continuously growing list of records, called blocks, which are linked and secured using cryptography. Each block typically contains a hash pointer as a link to a previous block, a timestamp and transaction data. By design, blockchains are inherently resistant to modification of the data. It is "an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way". For use as a distributed ledger, a blockchain is typically managed by a peer-to-peer network collectively adhering to a protocol for validating new blocks. Once recorded, the data in any given block cannot be altered retroactively without the alteration of all subsequent blocks, which requires collusion of the network majority.

Proof Of Work:

Proof-of-work cryptocurrencies, such as bitcoin, offer block rewards incentives for miners. See how below.

If you want to learn how to buy, store and trade crypto start here - Beginners Guide

💡Reformed Millennials Crypto Library📚


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All information provided is for educational purposes only and does not constitute investment, legal or tax advice, or an offer to buy or sell any security. For our full disclosures and disclaimer, visit our website: