Crypto Money Lab

Hey there, I’m Alex and this is my blog about cryptocurrencies, decentralized systems, blockchain, bitcoin, altcoins and technology in general.

This project is called a Crypto Money Lab because I experiment with different cryptocurrencies and services and then analyse the results for better understanding the whole idea and the possibilities it gives.

Here is some personal advice for beginners in cryptocurrency

  1. Keep your cryptocurrency safe: do not keep any currencies in exchanges. Always control your private keys yourself. Use a hardware wallet, paper or software wallet.
  2. Before investing your cryptocurrency in any project, do your research, see who’s behind the project, understand the technical aspect of what they’re doing.
  3. Invest in cryptocurrencies as much as you can afford to loose. When you do invest, get emotionally detatched from that money.
  4. If you’re considering to get involved or invest in some project, always do your own research and at least check if they’re listed on badbitcoin.org
Bitcoin Magazine

Tezos Foundation Reorganizes, Gevers Steps Down

After months of infighting between the organizers of Tezos, a blockchain project currently in development, and the Tezos Foundation, a Swiss nonprofit that controls the project’s pursestrings, the two remaining original members of the Foundation have “voluntarily” resigned. This means that since December, the entire three-person board has been replaced. According to an announcement by

Bitcoin Magazine

Venezuela’s On-and-Off Love Affair With Cryptocurrency Mining: It’s Complicated

If you want to see first hand how cryptocurrency functions in a market outside of speculative investing, right now, Venezuela is an interesting place to look. “Venezuela could become a case study repeated all over the world under certain conditions,” said Jeffrey A. Tucker, editorial director of the American Institute for Economic Research (AIER), in

Bitcoin Magazine

This Upstart Cryptocurrency Exchange Is Making Inroads in Canada

Cryptocurrency and precious metals exchange Coinsquare is taking steps toward its goal of leading the cryptocurrency exchange market in Canada. On February 20, 2018, it announced a new partnership with Processing.com, after wrapping up a recent investment of $30 million, for a total $47 million raised in the last four months. The partnership with Processing.com

Bitcoin Magazine

Korean Regulator Tips Cryptocurrency Prospects Back Toward “Normalization”

On February 20, 2018, investors saw signs of yet another directional shift in South Korea’s regulatory stance on cryptocurrencies. According to Reuters, Choe Heung-sik, the governor of South Korea’s Financial Supervisory Service (FSS), told reporters, “The whole world is now framing the outline (for cryptocurrency) and therefore (the government) should rather work more on normalization

Bitcoin Magazine

Venezuela Launches “Petros” Cryptocurrency Amid Growing Skepticism

With crushing debt and a starving population, the Maduro government in Venezuela is launching what it says is the world’s first sovereign cryptocurrency. The cryptocurrency is designed to bypass U.S. government sanctions against the socialist regime. The “Petros” cryptocurrency will have an initial value tied to the price of a barrel of Venezuelan crude oil

Bitcoin Magazine

NASA, ESA Considering Innovative Applications of Blockchain Technology

NASA and other space agencies, such as the European Space Agency (ESA), are considering potential applications of blockchain technology to space missions and internal operations. According to a NASA presentation titled “Bitcoin, Blockchains and Efficient Distributed Spacecraft Mission Control,” blockchain technology could have useful applications in distributed spacecraft missions involving multiple elements. Artificial intelligence (AI)

About me

I am a programmer with over 20 years of experience, currently working as a freelance IT Consultant.
I’ve been involved in cryptocurrencies since 2011. I liked the ideas and the technology behind blockchain and bitcoin in particular so much, that I was promoting it among my friends and clients. With each cryptocurrency hype and significant price changes in bitcoin, ethereum or any major altcoin, my phone and messengers explode with many different questions about investing in cryptocurrencies, trading, mining, lending, etc.
So decided to put up this little website to share my thoughts, knowledge and experience on cryptocurrencies, blockchain, bitcoin, ethereum, altcoins and decentralized systems in general.
I’m not a financial advisor in any way and on this website I only share and recommend the services that I’ve been using myself and haven’t noticed any signs of them being a scam.