The Archives at the Factory

A Hitchhiker’s Guide to the Cryptocurrency Galaxy

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Navigating the World of Cryptocurrency:

In The Hitchhiker’s Guide to the Galaxy the characters visit the planet Magrathea which is home to the planet building industry.  Bitcoin is much like Magrathea and the Alt-coins in the cryptocurrency universe are like the planets that get built.

What are Alt-coins?

Altcoins are cryptocurrencies other than Bitcoin. Altcoin is a combination of two words: “alt” and “coin”; alt is short for alternative and coin as to do with currency; together they imply a category of cryptocurrency that is alternative to Bitcoin itself.

The majority of altcoins are forks of Bitcoin and are slight changes to the underlying Blockchain. Altcoins are the later alternative cryptocurrencies launched after the immense success Bitcoin had after its release in 2009. After the Bitcoin became a success, many other peer-to-peer digital currencies have emerged in an attempt to imitate it.

In General, altcoins are alternatives to bitcoin because they tend to improve and solve the Bitcoin protocol’s limitations and features. Alternative currencies aim to be better substitutes to Bitcoin, or serve different niche markets. (more…)

Why Do I Do What I Do?

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I recently had a Jerry Maguire moment in my business. For many people their Jerry Maguire moment occurs when they take a leap of faith and go out on their own. Like the famous scene where Tom Cruise walks out of the office with the goldfish after yelling Show Me the Money! My Jerry Maguire moment had more to do with the core of what Jerry was getting at in his written manifesto (Its not a memo). He wanted to have more meaningful relationships with his clients. He felt the business had become too focused on the wrong things and they had lost sight of what they really did as agents.


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Who is your Game of Thrones Money Personality?

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“Winter is Coming!” – Ned Stark

The iconic line from the premier episode of Game of Thrones is the perfect descriptor of Ned’s view on money. He had little concern for financial gain he was more concerned about protecting his family than his finances. Enjoy this cross between behavioral finance and the world of the 7 Kingdoms. I promise there are no spoilers ahead!


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