6 Questions for Lisa N. Edwards of Getting Started In Crypto – Cointelegraph Magazine

6 Questions for Lisa N. Edwards of Getting Started In Crypto – Cointelegraph Magazine 1
Cointelegraph Magazine

We ask builders in the blockchain and cryptocurrency sectors for their thoughts on the industry … and we throw in a few random zingers to keep them busy!

This week our 6 questions go to Lisa N. Edwards, a cryptocurrency trading specialist who runs Getting Started In Crypto and is a part of it.

Lisa is an Elliott Wave specialist trader with over 20 years of experience in traditional stocks and commodities, now trading exclusively in cryptocurrency. She directs and co-owns Getting Started In Crypto, Thousand To Millions and The Moon Mag. Lisa has extensive experience in previous business activities such as Satoshi Sisters, Trading Places VIP, D4.Partners and CoinRunners. Outside of trading, Lisa has a thriving career in the media and film industries with a cryptocurrency-themed screenplay titled “CoinRunners,” which she believes will be filmed in late 2021.

1 – How do they react when you tell people that you are in the blockchain industry?

Is someone saying they are in the “blockchain” industry? Crypto, baby, all the way! I’ve been telling everyone for years to buy Bitcoin (BTC) and various cryptocurrencies, and now that Bitcoin is around $ 45,000, suddenly it’s interesting – more interesting at $ 45,000 than $ 200. That was the price when I started actually telling people to trade bitcoin. I shake my head and laugh when these people ask me. The reactions are opposite, however – most of the time people react with interest or look at me blankly. There is nothing in between.

2 – What will happen to Bitcoin and Ether in the next 10 years?

Let me get my crystal ball – she trained during the bull runs. I don’t like looking that far into the future, as a lot can happen in crypto in just two months. So 10 years is like an eternity. Both can become dinosaurs, and we know what happened to them.

3 – Does it matter if we ever find out who Satoshi really is or was? Why or why not?

It depends on who you ask. Different things are important to different people.

Satoshi is defined by people in many ways, and thoughts and ideas – who or what something is – lead to new ideas, changes, and conversations. I have family ties with the name Satoshi and I have yet to do one interview without it being mentioned (yawn). But honestly, I’m only interested in living my life, sharing my experiences in the world of cryptocurrency and letting others form their own opinions.

4 – What’s more silly: $ 500,000 Bitcoin or $ 0 Bitcoin? Why?

Neither is silly and there are arguments for both.

$ 500,000 Bitcoin is a simple argument from a trading point of view, with global acceptance and an extremely outdated, archaic financial system. With only 21 million BTC mined and a world population forecast for 2021 of Above 7.8 billion people, at the time of writing, there is currently 18,821,768.75 BTC in circulation. Then remember that 30 to 50% of the total offer could be lost because early paper wallets were destroyed or hard drives are no longer available or simply the password was forgotten to access them. This is a closed market model that is making it scarcer by the day so demand could definitely outweigh supply, making $ 500,000 bitcoin a strong reality. Money is essentially a technology that has reinvented the exchange system, and Bitcoin is a technology that can reinvent our global transactions.

As for the $ 0 Bitcoin, you’re trying to get me to expose family ties and the BSV camp’s argument that if Craig Wright moves the Genesis block, BSV Bitcoin and BTC will be obsolete. Personally, I don’t think BTC would go to zero even if it did. My analogy is that if we look at blockchain as the streets we drive on and any cryptocurrency as the car we drive, I like a Porsche 911 because it looks faster, leaner and better, but Bob on the road likes his Prius because it is reliable and saves energy. They can both successfully ride the same road – like crypto, with bridges and interoperability – but more people like Porsches over Prius. So don’t be Bob – be like Lisa!

5 – From smart contracts to DApps, NFTs and DeFi, we’ve seen so many of the next crypto killer apps, but none have really caught on. What will stick

The app anyone can use without understanding the terminology or what it is, just what it does to change their life. The same goes for apps in the non-crypto world. A successful app has to be simple, provide a solution to a real problem, and do so efficiently as the attention span is getting shorter and shorter.

The truth is that most people just want solutions no matter how things work, although I think those in the crypto world have a greater interest in understanding how something works. It’s really fascinating when you get involved! Think of mainstream output with an underground build. Most apps would get away with not mentioning anything about crypto, even though they’re based on the technology! It doesn’t have to be the defining trait that captivates the audience.

6 – Have you ever bought a non-fungible token? What was it? And if not, what do you think will be your first?

I always buy and sell NFTs while trading. Don’t I have fungible art? Currently not. My problem with that now is that art should be shown. I’m having trouble displaying art on an LCD screen. I suppose it’s no different than having a photo library on my iPhone to bring back memories when you’re feeling nostalgic, but having a big, ugly LCD screen on my wall displaying a $ 69 million beeple , somehow misses the purpose of art. I believe NFTs can transform the music and media industry by allowing artists to automatically distribute royalties, and I would love to see my CoinRunners movie funded this way to showcase the cryptocurrency industry to the masses. To answer that, I’d love to use CoinRunners as my first NFT.

A wish to the blockchain community:

If you can dream about it, you can achieve it, so don’t stop trying until you find a way!

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