What is Fiat?

Fiat = Traditional, government issued money. Examples include the US Dollar, British Pound, and Indian Rupee. Fiat money has no intrinsic value of it’s own; rather it’s ‘value’ is derived from the public’s perception of the issuing government’s political and economic stability.

Converting fiat currency to cryptocurrency (or crypto to fiat) can be challenging. Laws vary significantly between legal jurisdictions and often change as the crypto-economy develops. One option is to use the services of an Exchange such as Coinbase.

What is FUD?

FUD = Fear, Uncertainty, Doubt

FUD is a tactic often used by those who want to drive down the price of a cryproasset.  Typically various social media sites will be used to disseminate emotionally charged negative information regarding a particular cryptocurrency, token or asset.  The “information” is often presented out of context, incomplete or outright false.

For Crypto investors and traders FUD is an emotional danger that often leads to poor decision making.

The terminology in the crypto world is often cryptic (pun intended) and difficult to understand at first.  Because of this I initially found the cryptocurrency world confusing and disorienting– but a few quick Google searches usually unlocked the cryptic terminology.

What is a Clog?

If a web log is a blog, and a video log is a vlog, wouldn’t a cryptoasset log be a clog?  I dunno know, but it sounds good to me.

My intention is to publicly record my personal thoughts, ideas, questions, discoveries, and cryptoasset activity.

This website is NOT financial, legal or any other kind of  advice.  Cryptoassets are inherently risky and are not for the faint of heart.  You could lose everything. Seriously.