The Part Time Economist

The Part Time Economist

Hi everyone. This is just a place for me to post some of my thoughts and analysis. I hope that someone finds them useful.

Staking vs Lending Crypto - What's The Difference, and Does It Matter?

5 Feb 2022 1 minute read 2 comments The Part Time Economist

Staking and lending are both ways of earning additional passive cryptocurrency income and many beginners can easily confuse the two. Although staking and lending are similar in that they allow users to earn additional crypto, they differ in several i...

How "Storing" Cryptocurrency Works- Crypto Whiteboard 101

23 Jan 2022 1 minute read 0 comments The Part Time Economist

If you're new to cryptocurrency, you might have heard that cryptocurrency is a type of "digital asset" that doesn't exist in physical form and should be stored in a cryptocurrency wallet. However, the term "wallet" can be a bit confusing in that even...

Web 3.0 Explained For Beginners - Crypto Whiteboard 101

16 Jan 2022 1 minute read 4 comments The Part Time Economist

Web 3.0 has become a popular buzzword in the cryptosphere lately, but what is Web 3.0? How does Web 3.0 differ from Web 1.0 or Web 2.0 and what role do cryptocurrencies and blockchains play in the future of the internet known as Web 3.0? Lastly, what...

Paid to Play???? A Look Inside The World of Blockchain Gaming

9 Jan 2022 1 minute read 1 comment The Part Time Economist

Play to earn, sometimes called P2E is a form of online gaming in which users are rewarded with cryptocurrency (and sometimes nfts) for playing various cryptocurrency games. Although it is certainly possible to monetize traditional gaming by becoming...

Rug Pulls, Pump and Dumps, and Other Crypto Scams To Watch Out For in 2022

2 Jan 2022 1 minute read 2 comments The Part Time Economist

As we enter 2022, there is a lot of uncertainty in the crypto market. We don't know what the price of Bitcoin will be or how new regulations will affect stablecoins, but there is one think I can guarantee with 100% certainty.....there will be lots of...

What Are Governance Tokens and How Do They Work ? - Extended Edition

26 Dec 2021 1 minute read 3 comments The Part Time Economist

Governance tokens are a type of cryptocurrency that gives users the ability to vote on updates and changes to cryptocurrency and blockchain projects, but how exactly do these governance tokens work? How are governance tokens distributed, and are ther...

How To Explain Crypto to Friends and Family - Crypto Whiteboard 101

24 Dec 2021 1 minute read 5 comments The Part Time Economist

Picture this, you're sitting down for Christmas dinner and Aunt Sally is fussing a little Susie for kicking her feet under the table and telling her that she will not be getting any dessert till she finishes the green beans that your grandmother cook...

What is The Metaverse? - Crypto Whiteboard 101

19 Dec 2021 1 minute read 9 comments The Part Time Economist

After Facebook (Meta) announced its rebranding strategy back in October 2021, the term metaverse exploded in popularity, and many metaverse related cryptocurrencies such as the Sandbox's Sand token and Decentraland's Mana token experienced significan...

What Is Self-Custody? - Crypto Whiteboard 101

12 Dec 2021 1 minute read 6 comments The Part Time Economist

Cryptocurrency can either be stored with a third party custodian for safekeeping or stored in a wallet that you take sole responsibility for. Each method of storing cryptocurrency has its advantages and disadvantages, so in today's post, I'll explain...

What Does HODL Mean? - Crypto Whiteboard 101

5 Dec 2021 1 minute read 6 comments The Part Time Economist

In my "Crypto Whiteboard 101" series, I explain the most important cryptocurrency topics in less than two minutes. In today's post, we answer the question "What does it mean to HODL cryptocurrency?" Although you're free to watch the video for a more...