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Can you teach crypto?

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@young-boss-karin
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3 min read

Last night, I found myself in a 2-hour long conversation with a friend who's somewhat anti-crypto. The conversation had been building up over the past couple of days as he would send a random anti-crypto statement, contradicting an observation I would make about financial institutions.

Our conversation about crypto started when I complained about why I hate banks so much at the moment. I have 3 bank accounts with different banks and I can't seem to receive proper service from any single one of them. It's stupid. pexels I recounted how many times I had suffered a great deal with terrible banking services, horrible accountants and plain unnecessary charges. I thought one bank would be different but they all just turned out to be the same in the long run.

I told him I didn't entirely give a damn about them because I tried hard enough not to have money in my accounts often but to hold them on Hive. The best I could do is hold some HBD.

I don't know if it was because of the fact that I talked about the use of Hive blockchain as a solution to a problem but he began to ask questions and be curious rather than speak like a know-it-all and condemn the entire system.

I don't know if it had to do with the manner he asked or the mood I was in but I found myself answering questions I had no idea I could answer about crypto. I simplified the entire Hive process, including the Leofinance link to Defi and other tokens as well as their usage.

His reservation was mostly on the fact that there was way too many rug pulls in crypto. The problem was that he didn't understand the basics and why these rug pulls while a lot of investors remained unphased.

I explained why these people who got affected by rug pools and why the research was always important, and the exact kind of research to conduct first, giving myself as an example, stating how I aped into a lot of coins last year and have been at a constant loss since I did.

I also gave a run down explanation of meme coins, comparing them to potential rug pools. Luckily for me, he is well informed, so he knew the story behind the pump and dump of coins like Doge and the likes.

I introduced him to several tokens, explaining their use cases. My major focus was AVA from Travala because it has one of the most fun use cases I could ever want from crypto (in my future, though). At every point, I made reference to Hive because it's my primary focus and it's the best I understand.

Towards the end of our conversation, we discussed his current project of building a freelance platform. That further pushed my idea of designing a web3 freelance Dapp. Although we were able to put our heads together to figure out a way the platform could be tokenised and how to derive the best benefits from it, I felt stuck when it came to deriving benefits from a decentralised platform of that same nature.

I realised through the entire talk, that I understood a lot more than I gave myself credit for, and rather than be defensive of a system I love very much, I was able to explain it to the point that my friend was able to learn a lot from me.

He learned so much that he was able to drop his hatred for the system and think up ways to harness it properly. Although he claims he has always wanted to harness it, I guess I fueled his interest a little bit more.

I guess I knew a lot more about crypto than I gave myself credit for. I believe I could even explain Defi and liquidity pols to a 7-year-old.

Have you ever impressed yourself like this? How did it feel?

Thanks for reading **

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