Mindblown: a blog about philosophy.

  • How to buy bitcoin in Nigeria

    Nigeria is not only Africa’s largest economy; its population and a weak currency are turning into a powerhouse for buying and selling cryptocurrency. It has the most Google searches for bitcoin of any country outside of the United States and the highest volume of peer-to-peer crypto trading. If you want to join this African crypto…

  • Shitcoins & Poopcoins: Navigating the crypto sewer

    What exactly is a shitcoin? What gives crypto value? The shitcoin hype machine The dangers of shitcoins Decentralised. Unforgeably scarce. Backed by a committed developer community with a clear roadmap. These are the fundamental qualities that give cryptocurrencies value. None of these apply to so-called shitcoins, the crypto moonshots and meme tokens that, through humour…

  • Ultimate list of ways to earn free crypto

    No such thing as a free lunch Learn & Earn Crypto Cashback & Retail Rewards Airdrops There’s no getting away from the fact that investing in crypto involves a lot of risk, which is enough to put many people off. There are ways, however, of getting a foot on the first rung of the crypto…

  • Concept of a balanced crypto portfolio

    If you’re thinking seriously about building an investment portfolio then there are some fundamental rules around balancing risk. Though crypto is a brave new world, these rules still apply, so if you haven’t thought about what a balanced crypto portfolio means, now is a good time to start.  Investing and trading are overlapping ideas that…

  • Defi comes to XRP & Dogecoin

    Dogecoin’s design What Turing Complete means Introducing the Flare Network Spark & Songbird Airdrop Dogecoin has been one of the biggest crypto stories of the last 12 months. The memecoin has been pumped by the world’s richest man and rose 1000% in value, but because of its design its holders can’t easily access all the…

  • When is the right time to sell your crypto?

    Starting with your feet on the ground The Simple & Sane Crypto Savings Plan There is never a right time to sell With growing numbers of people getting into crypto, there is a far greater focus on finding the right to buy, than knowing the right time to sell. But unless you have a clear…

  • What does money printing really mean?

    Learn CryptoSep 08 · 8 min read The problems with unchecked money creation Why governments keep growing national debt Kicking the debt can down the road  Bitcoin – schmuck insurance Crypto thrives on memes and one of the most popular is the message of governments spending their way out of economic problems, with the ‘money…

  • How Bitcoin transaction fees work

    How much traditional financial transactions cost Bitcoin’s on-chain transaction fees Bitcoin transactions for low fees at Lightning speed How to minimise bitcoin transaction fees Bitcoin was created as an upgrade to the legacy financial system, giving more people access to banking, and making transactions faster and cheaper. Sending bitcoin isn’t, however, free, and fees can…

  • How does an NFT have value?

    What is an NFT? Scarcity & intrinsic value The role of hype Innovation & the future of NFTs On June the 10th 2021, a 24 x 24 pixel digital image of a punk alien was sold for the equivalent of $11.75 million, which equates to over $20k for a single pixel. Simply described as Punk…

  • Five tips for crypto investing

    Always do your own research (DYOR) Don’t invest what you can’t afford to lose Discover what Survivorship Bias means Take a slow & steady DCA approach If you’re looking to invest in crypto you might be tempted to follow colourful influencers on Youtube, TikTok or Twitter, promising massive overnight gains. Sadly, crypto, and life in…

Got any book recommendations?