6 questions for Lisa N. Edwards about getting started with crypto – Cointelegraph Magazine


We’re asking builders in the blockchain and cryptocurrency industry what they think of the industry … and we’re running some random zingers to keep them on their toes!

This week, our 6 questions are for Lisa N. Edwards, a cryptocurrency trading specialist who runs and co-owner of Getting Started In Crypto.

Lisa is an Elliott Wave specialist trader with over 20 years of experience in traditional stocks and commodities, now trading exclusively in cryptocurrencies. She runs and co-owns Getting Started In Crypto, Thousand To Millions, and The Moon Mag with Josh Taylor. Lisa is very experienced, with previous trading ventures including Satoshi Sisters, Trading Places VIP, D4.Partners, and CoinRunners. Outside of commerce, Lisa has a thriving career in the media and film industries, with a cryptocurrency-themed script titled “CoinRunners,” which she says will be filmed in late 2021.

1 – When you tell people that you are in the blockchain industry, how do they react?

Does anyone say 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 costs around $ 45,000, all of a sudden it’s interesting – more interesting at 45. $ 000 than at $ 200. This was the price when I started telling people to trade Bitcoin. I shake my head and laugh when these people ask me. Reactions, however, are poles apart – most of the time people respond with interest or stare blankly at me. There is no middle ground.

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

Let me take my crystal ball – it trained during the bull races. I never like to look this far into the future because a lot can happen in crypto in just two months. So 10 years is like an eternity. Both can turn into 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?

Depends on who you ask. Different things matter to different people.

Satoshi is defined by people in many ways, and thoughts and ideas – about who or what something is – brings new ideas, changes, and conversations. I have family ties to the name Satoshi and have yet to have an interview without it being mentioned (yawn). But honestly, I’m just interested in living my life, sharing my experiences in the crypto world, and letting others make up their own minds.

4 – Which is dumber: $ 500,000 Bitcoin or $ 0 Bitcoin? Why?

Neither is foolish, and there are arguments for both.

$ 500,000 Bitcoin is an easy argument from a business standpoint, with global adoption and an extremely outdated and archaic financial system. With just 21 million BTC mined and a projected 2021 global population of more 7.8 billion people, at the time of this writing there are currently 18,821,768.75 BTC in circulation. Then think that 30-50% of the total supply could be lost due to the destruction of the first paper wallets or the disappearance of the hard drives, or simply forgetting the password to access them. This is a closed market model which is making it rarer by the day, so demand could definitely outweigh supply, making Bitcoin’s $ 500,000 a strong reality. Money is essentially a technology that has reinvented the barter system, and Bitcoin is a technology that can reinvent the way we do business on a global scale.

Regarding the $ 0 Bitcoin, you are trying to get me to lay out the family ties and the BSV camp argument that when Craig Wright moves the genesis block, BSV is Bitcoin and BTC is obsolete. Personally, I don’t think BTC would go to zero even if it did. My analogy is that if we think of blockchain as the roads we drive on and every cryptocurrency as the car we drive, I might like a Porsche 911 because it’s faster, sleeker, and looks better to me, but Bob on the road loves his Prius because it is reliable and saves energy. They can both successfully drive the same road – like crypto, with bridges and interoperability – but more people like Porsches than Priuses. So don’t be Bob, be like Lisa!

5 – From smart contracts to DApps, NFT and DeFi, we’ve seen so many upcoming crypto “killer apps”, but none have really taken off yet. What will stick?

The app that anyone can use without needing to understand the terminology or what it is, just what she does to change her life. It’s the same with apps in the non-crypto world. A successful app has to be simple, it has to offer a solution to a real world problem, and it has to do it efficiently, as attention spans are getting shorter and shorter.

The truth is, most people just want solutions, no matter how things work, although I like to think that those in the crypto world are more interested in understanding how something works. It’s really fascinating when you get started! Think of a general public outing with an underground construction. Most apps would get away with not mentioning anything to do with cryptography despite being built around technology! It does not necessarily have to be the defining characteristic that grabs the audience.

6 – Have you ever bought a non-fungible token? what was that? And if not, what do you think is your first?

I buy and sell NFTs all the time when I trade. Do I own non-fungible art? Not currently. My problem with this right now is that the art is meant to be displayed. I am having issues with displaying art on an LCD screen. Guess it’s no different having a photo library on my iPhone, to pull out memories when you’re feeling nostalgic, but having a lousy big LCD screen on my wall to display a $ 69 million Beeple goes to the point. ‘defeats the purpose of s. I believe that NFTs can transform the music and media industries, by allowing artists to be automatically distributed royalties, and I would like to see my CoinRunners film funded in this way in order to showcase the crypto industry. money to the masses. So to answer that, I would like CoinRunners to be my first NFT.

A wish to the blockchain community:

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


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