On the Crypto Confidence Podcast today I’m talking to my BlockSparks colleague and PR expert, Helen Moore, about what has been said about Blockchain in the media in 2018.
We chat about the way that crypto and blockchain are portrayed in the media, how sentiment can affect the markets and what the big news stories of the year were.
Follow Helen on Twitter here.
G is for gas.
Gas is a small amount of ethereum paid to people who use their computers to record transactions and do other software acts, on the ethereum blockchain. It’s the cost of doing business. Remember that cryptocurrencies can’t make more money out of the mere existence of your money, in the way that central banks can – such as by fractional reserve lending. So simply processing and sending transactions always has a tiny cost involved for the miners, which has to be paid somewhere along the line.
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And remember: nothing in this podcast or our related social media, nor anything else published by BlockSparks OU at any location, is intended as financial, investment or trading advice. Everything we share represents our personal opinions, for your information, education, and entertainment only. You should not make any decisions based on anything we share with you, not without undertaking independent due diligence and consultation with appropriate professional advisors. CryptoConfidence is all about being smart and informed and making the right choices for YOU