Today's episode we cover what is CeFi, DeFi, (and some TradFi) and talk wth happened at FTX.

Edge Wallet: https://edge.app/

Coindesk Report Over Alameda's Balance Sheet: https://www.coindesk.com/business/2022/11/02/divisions-in-sam-bankman-frieds-crypto-empire-blur-on-his-trading-titan-alamedas-balance-sheet/

CZ's tweet : https://twitter.com/cz_binance/status/1589283421704290306?s=20

FDIC Crypto Fact Sheet: https://www.fdic.gov/news/fact-sheets/crypto-fact-sheet-7-28-22.pdf?source=govdelivery&utm_medium=email&utm_source=govdelivery

Hello, basic b’s!

Welcome to WTF is Blockchain You probably know that blockchain is a thing, but you're not quite sure what it is or how it works. Well, we're here to break it down for you. Blockchain is basically a digital ledger that keeps track of all the transactions made by a bunch of computers. It's the technology behind cryptocurrencies like Bitcoin, but it's also being used in a lot of other industries too, like supply chain management, identity verification, real estate, and charity.

Think of it like a digital notebook that everyone can see and add to, but no one can change. Tune in to learn more about this technology and how it's going to change the way we do things in the future. Don't forget to hit that like button, leave a comment, and subscribe for more content!

SHA256 https://blockchaindemo.io/

Supply chain management with IBM x XCEED x Renault https://www.ibm.com/blockchain-supply...

Real estate with Propy https://propy.com/browse/

Identity verification with Estonia https://e-estonia.com/solutions/cyber...

Charity with Unicef unicef.org/innovation/blockchain

Podcast episodes to listen to:

Crypro Renaissance by Bankless https://www.youtube.com/watch?v=kardd...

Crypto Revolution by Bankless https://www.youtube.com/watch?v=0psJ5...

You're the best! byeeeeeeeeee

We break down the meaning of Web3 and explain why it’s important. We touch on the difference between the internet vs the world wide web, web1, web2, a little history lesson, and chatGBT?? Grab your favorite drink and join us!

Watch the video on yt or lenstube @web3forbasicbs

learn about fiat, monetary policy, fractional reserve lending, and crypo with your favorite basic b's!

Pew Research Public Trust: https://www.pewresearch.org/politics/2022/06/06/public-trust-in-government-1958-2022/The

Changing World Order: https://www.chandlernguyen.com/blog/2020/04/14/the-changing-world-order-ray-dalios-insights-about-what-to-come-in-the-next-5-30-or-50-years/

Watch the video on yt and lenstube @web3forbasicbs

We've made it asmr since one co-host lost her voice (lol).

In this podcast, we'll start with the foundation of, Layer 0, and work our way up to the penthouse of the blockchain building, Layer 3. We'll talk about the importance of interoperability, faster and cheaper transactions, and how Layer 0s provide infrastructure for developers.

Next, we'll delve into the challenges of blockchain technology, known as the blockchain trilemma, and how it's like a game of rock-paper-scissors. We'll discuss how no single blockchain has yet to conquer all three aspects of decentralization, security, and scalability.

ok byeeeeee