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What will recession do to bitcoin? We analyze the Pros and Cons

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What will recession do to bitcoin?

There is a sense that we are heading toward a global economic slowdown. Some say, we will experience a mild recession in 2020 while others think this will be as big as 2008. That prompts an underlying question that many crypto lovers ask:
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What happens to bitcoin when a recession hits?

Will bitcoin survive a financial recession?

Will recession kill bitcoin?

What happens to bitcoin price if a recession hits?

If someone says they have an affirmative answer to these questions, they are just playing you for your money because no one knows for sure. However, we can look at the common market patterns and experiences we have gone through since bitcoin’s inception to draw probabilities that might help.

Let’s break it down in simplistic terms.  

Topics discussed under the Green category below are all in favor of bitcoin performing well in the event of a recession and topics in Red are the ones that may work against bitcoin.

Green: Bitcoin is still a nascent technology

In the world of progress and adoption, bitcoin is still in its infancy.  This means two things:

  • People do not know whether they can truly trust it or not
  • It has wild upside potential

To address the first point, bitcoin only has 35 million wallets as of 2019. 35 million represents 0.00897435% of 3.9 billion individuals with internet access. To reiterate, that’s 1% of 1%.

Pie Chart showing Bitcoin wallets across the globe

When thinking about blockchain and bitcoin, we have to think past people with bank access and people without it because blockchain promises to wipe out that difference. So for our purposes, we have to consider every single internet user as a potential bitcoin user of the future.

As I said at the beginning, we haven’t even started our journey when it comes to bitcoin and Cryptocurrencies.

From a potential perspective, we are yet to see a 1000+ fold in potential adoption. This sentiment is supported by Clem Chambers’statement“the whole cryptocurrency space is still only the size of a single Nasdaq blue chip, so there is a long way to go yet.”

Just to reiterate that statement, the whole cryptocurrency space is at a size of single Nasdaq blue chip company; One company. What happens when bitcoin alone reaches the market cap of Amazon?

Red: This 1000 fold potential also indicates ignorance among the masses

Bitcoin awarenessWhat is not even adopted by 1% can be easily forgotten or ignored by 99%.

During the period of a recession, people don’t think about HODLing or a bright technological future or a decentralized utopia; they think about keeping a roof over their heads, food on the plate, and safety & wellbeing of their loved ones.

This means we may even lose some early adopters and speculators in the 35 million list to the real FUD that the recession could induce.

A recession could mask the rational judgment of the pragmatic amongst us. This will be truer in case of those who flocked to bitcoin in the hopes of becoming millionaires overnight. They will be the first one to be scared out of bitcoin when the market goes to dumps during the recession.

These sellouts will cause mass hysteria and panic, which will further worsen the situation before the true visionaries and those with a long-term mindset endure the turbulent waters of a recession.

Green: Failing fiat systems could fuel bitcoin adoption

InflationBitcoin traded at a premium of 40% in Venezuela and 40% in South Africa and at a similar premium in Argentina. What is the common factor underlying these countries?  

Inflation. Failing fiat.

When inflation rises to uncontrollable levels, people hesitate to buy gold because it is easy to steal, difficult to carry around, and needs to be converted to fiat to spend. As a result of these inherent issues, some people have been turning to bitcoin, which is safe to hide with private keys, easy to move, and has been steadily increasing in value, much better than gold.

The U.S. National Debt has reached a whopping 22 Trillion dollars. Printing money to pay off this debt will simply not work, anymore.

When people realize that Russia, China, and North Korea are accumulating bitcoin alongside gold to back their fiat, and that the U.S. is sinking under the weight of its own debt, it will be difficult to trust the fiat that is backed by the big nothing.

This realization could work in bitcoin’s favor since it is the only currency with worldwide recognition and absolute zero need to rely on one authority or the other.

Red: USD reemerges as the world currency in case of a war, recession, or depression

According to some theories, whenthe USD weakens, there will be a recession or a war, and sometimes both.

This forces the nations around the world to put their faith behind the Green almighty. The U.S. invests in its national security heavily and does not shy away to showcase its power once in a while to keep the place of its U.S. Dollar intact.

In the event of a recession, the 99% we talked about earlier will be laboring for dollars. Since a recession marks pay cuts, job cuts, and an inherent shortage of fiat dollars in the hands of common households, the U.S. dollar quickly becomes the safe haven again to survive.

This scenario could work against bitcoin.

Green: Logistics issues around gold could prompt a bitcoin rally

Gold vs Bitcoin

Every time we talk about bitcoin in the context of the store of value, we inevitably compare it with gold. Most people in the current workforce or those who are just venturing into the workforce may not know that the U.S. Government at one point outlawed gold.

During the FDR era, gold was outlawed overnight, and people were forced to surrender their gold to the government.

Even when gold is legal, there are numerous restrictions on moving physical gold. First of all, it is a metal; that means it is heavy to move anywhere. If you move gold to another jurisdiction in substantial quantity, you will probably have to disclose it to the customs and may invite unwarranted attention from every single federal agency.

Moving 1000 grams of gold worth $45,000 (June 2019) will bring a lot of attention, and even if you succeed in moving it, how are you going to liquidate it safely?

To move $45,000 worth of bitcoin will take nothing more than a piece of paper with private keys or your phone with a secure wallet, with zero interference from any outside force.

Many outlets are springing across the globe that either accept bitcoin directly or convert it for you at competitive rates to any fiat you desire, to the fraction you need.

This convenience could slowly gain traction for bitcoin from gold aficionados.

Red: Gold has been in existence since the birth of the financial system

While logistics work in bitcoin’s favor, history favors gold because it is the oldest form of money known to man.

People trust gold because you can touch it, store it, and sell it when you need to. Gold has held its value steadily over the centuries.

Bitcoin, on the other hand, lives in the digital world and continues to swing up and down wildly; sometimes dipping 80%. This volatility has deterred many concerned investors from putting their faith in bitcoin.

Green: Bitcoin has been the best performing non-correlated asset, ever

Bitcoin’s performance over the last year (even during this crypto winter) or to that matter even close to a decade has been unmatched.  There is even a math around how if you were doing dollar-cost averaging irrespective of bull or bear markets, you would come out with a decent upper hand; we are talking double digit gains.

If bitcoin lives up to its non-correlated asset narrative, then theoretically, when the traditional markets sink and gold stabilizes, bitcoin should move in the opposite direction.  Even when everything comes back to normal and slow pace of normalcy is returned, bitcoin should perform on its own terms.

This independent movement may give bitcoin the needed attention during the time of recession and push it higher.

Red: Gold and USD are backed by trust of nations

Gold and US DOLLAR

While bitcoin is people’s currency, it is still in its first decade. That is infancy in the finance world. Gold and USD have been cornerstones of our financial system for the longest. Gold especially has been in use since humans evolved out of barter system.

The USD is backed by the great strength of American armed forces and hard work of the people that toil to earn their wages in dollars.

When a recession takes place, people are going to trust what they have accustomed to trust all their lives. They may not put faith in something that they hardly know about.

 

Green: All classes of people can participate with no minimums

Anyone can purchase bitcoin

Bitcoin is not controlled by governments or financial institutions. Anyone can invest in it, whether through an institution or buying it from other individuals who own it. Owing to the fact that there are no minimums, everyone gets a fair shot at investing in it.

In the traditional world, only super-wealthy or accredited investors get to invest in the ground floor of lucrative projects. Blockchain and cryptocurrencies are changing that unfair culture.

This means, there is a possibility that when fiat bubble bursts, people flock to bitcoin and a few handfuls of crypto projects.

Red: Highly manipulated space

cryptocurrency bitcoin manipulated spaceBecause there are little to no-restrictions (although this is quickly changing), many questionable practices are thriving in the crypto space.

The rumors around Tether pumping the prices of bitcoin to benefit its own wealthy customer base have made rounds in the crypto circles for some time.

Many exchanges have shut their doors and vanished with all the funds. Many people were scammed into investing in con projects using outright unethical marketing practices.

During a market panic, one such story of crypto scam could send the whole market tumbling down, taking bitcoin along with it.

Red: First recession may be the toughest for bitcoin

While bitcoin is used to facing volatility of 85% and yet continue to march on, an actual financial recession might put unprecedented stress on such a dip.

As bitcoin has never been through an actual recession, it could have a drastic negative impact, at least at the outset, on it.We wouldn’t be surprised if prices slash down to 80% from its peak.

This potentiality of the wild dump in case of a recession will force some blockchain companies to close their shops since they will not have the fluidity to run the business using crypto. This further increases the selling pressure in the market – lowering prices even further.

Green: First recession may be the last recession that bitcoin will ever face

After bitcoin goes through its first recession, the narrative around it being a non-correlated financial asset and a better store of value will catch on.  When this happens, bitcoin will steadily find its ground and will start its uptrend.

Unlike gold, bitcoin’s finite supply may help drive its price higher each year making it better than gold for those who are looking for a safety net that can withstand or beat inflation.

Green: Finite supply of bitcoin will help its value

Bitcoin’s finite supply and its halving event have always pumped the value of bitcoin. Now that more people are assigning a small portion of their portfolio into bitcoin and institutions are entering this space, the demand is constantly rising while the supply shrinks.

It is a simple economic principle. When demand is high and supply is limited, the market sets the price at a premium.

When this factor plays out, even during a recession, people will continue to put money into bitcoin to keep it afloat or thrive during the economic meltdown.

Red: A bitcoin alternative currency could kill the bitcoin mania

blockchain vanishAlthough a long shot, it is still in the realms of possibility that an alternative much better than bitcoin, both in terms of network strength and trust, could emerge that could send bitcoin to the dumpster.

Just to set the record straight, we are big fans of bitcoin. However, when considering the pros and cons, we have to be ruthless about what factors could work against bitcoin.

MIT announced that it has developed a cryptocurrency that reduces data users to join the network and verify the transactions by 99%. Of course, new types of cryptocurrencies do not mean bitcoin is going to be made redundant tomorrow; however, it may drag its price down dramatically.

And if such innovation is announced during a recession by a reputed body (like MIT or Harvard or NYSE) – then that could hurt bitcoin really bad.

Conclusion

Based on all the factors discussed above, you can draw your conclusions and place your bets on the scenario you think will play out the most.

In our opinion, even with a temporary dump of bitcoin in the event of a recession, things should bounce back quickly to help bitcoin find its ground and get back on its uptrend.

Thank you for reading the article.
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We do not endorse or guarantee the accuracy of the information and claims made.

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About the author

RK Reddy holds two Masters degrees, one in Accounting and another in Business Administration with over 15 years of experience in the financial services industry.

RK Reddy is an ardent fan of Blockchain and Cryptocurrencies. You can see the excitement about this new blockchain technology in every article on Cryptotapas.com. Sometimes this excitement leads to an overly optimistic view. Guilty as charged. RK Reddy says what may seem like an ‘overly optimistic expectation’ today may become an everyday norm in 5-10 years; look at the history of cars or airplanes, Blockchain and Cryptocurrencies belong to a similar frame of reference.”  Of course, that is just his opinion.

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6 Massive Benefits of Cryptocurrency

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Benefits of Cryptocurrency

It is normal to be hesitant about using cryptocurrency as the medium of financial transactions. 

There is a school of thought which believes, it is a domain suitable for criminals, fraudsters, and terrorists. Cryptocurrencies allow them to maintain anonymity for discreet transactions and ransomware scams.

However, the increasing acceptance of Bitcoin as a digital currency has initiated a positive perspective around this mode. It brings a distinct set of pros for the users, making them overlook the risks tag along.

According to the Finder, a post on social media surfaces about Bitcoin every three seconds. If we do the math, it means 1203 posts pop up per hour, making it to 20 posts per minute.

A more general view on the crypto landscape speaks of its overall growth, too. Block Social tells us how cryptocurrency exchanges around the globe have exceeded 300 during 2020.

In fact, the success of crypto shows us the loopholes of the traditional banking system. If you, too, want to leap on this bandwagon and aren’t sure about your next move, this is the right place. Our blog sheds light on the positive aspects of cryptocurrency that make it a more established form of financial trade. 

Healthereum

1. Easy transactions

When dealing with brokers or legal representatives, you have to pay the transaction fee from time to time. This comes along with immense paperwork, commission, brokerage charges, and so much more. Using cryptocurrency eliminates the need for a middle man. The transaction changes into a one-to-one affair taking place on a secure network.

No wonder Forbes stated that adopting blockchain technology can save financial organizations around $12 billion yearly. A deduction of extra charges from third parties and reduced operations cost is saving millions for huge organizations.

Moreover, the transactions are transparent, making it easier for you to establish audit trials. There is no more confusion over who pays whom. All parties involved in the transaction know each other quite well. Accountability on each party grows.

2. Asset transfers

A financial analyst rightfully describes cryptocurrency blockchain to be a “large property rights database.” On the one hand, it helps execute and enforce two-party contracts on commodities such as real estate and automobiles. At the same time, it also facilitates special modes of transfer. 

As per Born2Invest, Bitcoin alone is responsible for an average of 350 000 daily transactions on the Blockchain. Meanwhile, Coinbase has 30 million cryptocurrency users (Block Social). The increasing figures of each crypto speak of its acceptance worldwide.

The parties involved in asset transfer can design contracts and add third-party approvals at a later date. It also helps to reference the external facts and gives the parties exclusive governance of their account. It reduces the time and money involved in asset transfers. Perhaps this is why US federal government spending on Blockchain shall reach $123.5 million by 2022.

3. Confidential transactions

Cryptocurrency purchases remain discreet. Unless a user voluntarily publishes his transactions, the purchase is never associated with their identity. In official scenarios, such as when you put your cars for sale, the parties must reveal an association with their cryptocurrencies. It helps to establish trust and relevance.

Within the cash/credit system, your entire transaction history turns into a reference document for the banks/credit agencies involved. On the contrary, cryptocurrency is a transaction that is a unique exchange between two parties. They can negotiate and agree on preferable terms. The information exchange takes place on the “push” basis. This means you transmit only that which you wish to send to the recipient and nothing else.

It keeps your financial history secure and guards you against identity theft. Chances of which are quite high under the traditional transaction system. 

On top of this, the combination of Blockchain with IoT is considered revolutionary by the experts. This has accelerated data exchange, lowering the operation costs, and improved the security of files. Your Tech Diet predicted that 75% of the IoT industry would adopt Blockchain technology by the end of 2020. Lack of exposure is, thus, something the entire industry is looking for.

4. Transaction Fee

You have probably faced hefty monthly account statements from your bank/credit companies. The transaction fee charged at every transaction you have made might leave you shocked. The whopping fee of multiple transactions can take you by surprise at the end of each month.

In the case of cryptocurrency exchange, the data miners receive their share from the cryptocurrency network involved. Transaction fee does not apply as the remote and separate computer systems that do the number-crunching get a pretty fair share. 

According to Investopedia, the Bitcoin reward for miners halves for every 210 000 blocks added to the chain. Nonetheless, this system has freed the transaction parties to pay the fee, making it the most feasible. 

However, there might be some external fee involved if you engage a third-party management service to maintain the crypto wallet. These charges are likely to be quite less than the transaction charges levied by the traditional banking system. 

5. Hold Ownership

The traditional banking system works in a manner where the amount goes to the nominee if a person passes away. The chances of the account closing are quite high when you infringe the terms of their services. Unlike this framework, digital currencies give you the sole ownership of private and public encryption keys. This makes it easier for you to identify the encryption network.

6. High security

Once a party authorizes the cryptocurrency transfer, they cannot reverse it. This is not the case in “charge-back” transactions allowed by the credit companies. Cryptocurrency gives you reliable encryption throughout the transaction process to keep it protected from bugs and malicious entities.

Systems like Binance Smart Chain are enabling people to do more with BTC.

Final Thoughts 

Cryptocurrency is taking the financial world by storm, and we know the reasons why. It is about time you kickstart your digital finances journey and make the most out of it. Who knows what surprises are about to come later in this landscape!

Thank you for reading and sharing this article. We appreciate you.

Stay safe and healthy!

Top 5 Cryptocurrencies 2020

IMPORTANT DISCLAIMER

Everything in this article is an opinion, not an advice of any kind. This material has been prepared for general informational purposes only and it is not intended to be relied upon as accounting, tax, investment, legal or other professional advice. Please consult with a professional for specific advice.

We do not endorse or guarantee the accuracy of the information and claims made.

All product and company names are trademarks™ or registered® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.

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Cardano or PolkaDot? Which One to Invest In?

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Cardano vs Polkadot

There is a new battle in the crypto space.  Cardano (ADA) and PolkaDot (DOT) maximalists are headbutting as to which project is better and why.

The conversations are intense to say the least and we will try to provide our view on which one we are leaning toward and the reasons why, in this rather short article.

Just to be clear, we are invested in both ADA and DOT so we have a vested interest in both projects, however, we are now asked to pick one over the other and that brings us to this article.

Decentralization

The whole spirit of cryptocurrencies is the concept of decentralization, however, some of the more popular projects don’t seem to have a grasp of what that means.

Diem (previously Libra) or XRP etc., are controlled by a group for validators who could, in theory, easily collude, in our view.

With DOT, things are not as centralized as some other projects with about 1000 validators securing the platform.

However, ADA has the most number of nodes and has most of its circulating supply staked on its wallet. The community behind ADA has biggest proponents of decentralized frameworks.

ADA: 8 (top 10 is reserved for BTC)

DOT: 6

Team

Cardano boasts the maximum number of Ph.Ds on its team and has a more decentralized team structure.  You have teams that are working exclusively on wallet and staking while you have other teams focusing on interoperability. Yet, another team is focused on bridging projects from Ethereum to Cardano.

DOT has the ammunition of Gavin behind it. He is undoubtedly one of the brilliant minds in the space. 

However, as we learned in basic math, sum total is always greater than an individual unit.  This applies more aptly with these projects. In our opinion, Cardano has a greater edge when it comes to collective human capital.

Having Charles Hoskinson helps ADAs impression.

ADA: 8

DOT: 6

Social presence

There is no competition when it comes to social presence and engaging the community when it comes to the leaders of these two projects.

While DOT’s founder Gavin might come out as eccentric and polished in the social media, Charles takes the cake in engaging with his audience and making things sensible for the community.

ADA: 9 

DOT: 7

On a mission

Whenever you hear Charles speak about ADA you will immediately understand that he is on a mission to bring the marvels of blockchain enabled financial services to all corners of the world.

Cardano’s team is now focused on the South Africa continent to bring the under-previleged onto the world commerce through their platform. They are even close to signing a contract with Ethiopia government in 2021.

While DOT is catapulting the entire space forward it just lacks the same charm that comes with a project on a grandiose mission.

ADA: 8

DOT: 6 

Miscellaneous considerations 

Market cap: ADA has $20 Billion market cap while DOT has $19 Billion, as such they are on par with each other when it comes to valuation. The large cap is a stamp of approval from the crypto community.

Price: ADA is at around 60 cents while DOT has been stabilising at $20 at the time of this writing. When the newbies come to the market and they see they cannot afford Bitcoin or Ethereum, they will most likely go after the projects that are under $1. This does not mean DOT is inferior, it is just an edge that low priced tokens have over higher priced projects. It’s just a newbie mindset that drives higher demand during bull runs to lower priced projects.

Inflationary supply

DOT has an inflationary supply model while ADAs supply is capped.

Yes, DOTs supply is far larger than DOT, however, there is no new minting on ADA when compared to DOT.

Mainnet

DOTs technology is operational and is onboarding projects already.  ADA is scheduled to launch its mainnet this month (Feb 2021). ADA has been in works for many years now and if their product matches the hype and the wait – then it may not matter as much that they are late to the party. However, if there are issues with their mainnet – it may not bode well for ADA.

Conclusion: Total score

ADA: 33

DOT: 25

If you are a DOT fan you might think this score is skewed.   If you are an ADA fan you might think it should score perfect points in all fronts.

In fact, there are some areas where DOT is a clear winner like having a functioning platform. ADA, in our opinion, takes the prize with clear fandom, gigantic mission and a total brainiac project. 

Thank you for reading and sharing this article. We appreciate you.

Stay safe and healthy!

Top 5 Cryptocurrencies 2020

IMPORTANT DISCLAIMER

Everything in this article is an opinion, not an advice of any kind. This material has been prepared for general informational purposes only and it is not intended to be relied upon as accounting, tax, investment, legal or other professional advice. Please consult with a professional for specific advice.

We do not endorse or guarantee the accuracy of the information and claims made.

All product and company names are trademarks™ or registered® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.

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Best of the Best YouTube Channels to Follow for your Crypto Fix

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Best Crypto Youtubers

There are literally 100s of crypto-experts on YouTube who claim to have cracked the secret code that can make you millions in crypto riches. 

Who should you follow?  

We have followed many YouTubers, subscribing and unsubscribing to avoid the noise and after having been in this space for over 4 years, we have narrowed our favorite crypto YouTube channels to just a few.

In this article, we will show you our favorite YouTubers and what we like about each one of them. 

Overall number 1: Coin Bureau

coin bureau When it comes to deep analysis, composed demeanor and outright professional crypto channel in the entire space, we have not come across anyone better than Guy.  

Not only is he great at the reviews and in depth analysis, if you have followed the channel long enough you will realize that he reviews the gems long before others pick on the momentum.  

He picks solid projects, never shills a shitty project to his followers and is upfront about his views which he backs up with solid research.

This is the best no-shill and no bull crypto channel on YouTube in our view.

Best original content: Chico Crypto

chico crypto review

If you love a bit of quirky, goofy and somewhat out there viewpoints on the crypto space then there is no one better than Tyler at Chico Crypto. 

His investigation stretches the boundaries of research (and sometimes common sense) but he does do a bang up job on every video.  

I am yet to come across a boring video on this channel.  I will admit that his live streams can be a drag sometimes but his followers seem to relish his presence.

You may not like or agree with what Tyler presents on this channel but you will absolutely be floored by the originality.   

Best TA: TIED: Crypto Capital Venture & Tyler S

                         Crypto Capital Venture Tyler S crypto

With under 90K subscribers at the time of this writing, Dan may not be the most popular of the Crypto channels [yet] but his TA analysis is just so easy to follow.

Dan makes it easy for non-technical folks to understand what’s going on in the market in the language of TA.

There are other folks on YouTube who are good at TA but their videos are so obnoxious that they leave you with a massive headache.  

Not Dan’s Crypto Capital Venture channel.   Dan walks you through the markets in such a calm, composed and professional manner that you might start caring about those candles.

We are forced to share the Best Title for crypto TA on YouTube with Tyler S. 

Tyler’s expertise on TAs is quite awesome and he has a funny way of delivering it too.  

Best expertise on the markets: Alessio Rastani

Allesio RastaniIt doesn’t matter if you are just lurking around the crypto markets or if you trade in the traditional markets…Alessio is one of the best guys on YouTube for great insights into the broad market and its impact on Crypto.

While everyone on YouTube (not the people on this list, of course) is either quick to FOMO or FUD, Alessio is just grounded in fundamentals and technicals.

When you are high on FOMO, he can bring you to the ground.

When you are getting buried in FUD, he can lift you up with facts, not false hopium.

Alessio is personable, professional and an honest guy to follow to understand the markets ahead of others.

Best round up of the market: AltCoin Daily

Altcoin DailyWant to stay up-to-date on what’s happening in the crypto space but don’t have time to keep up?  

Fear not. AltCoin Daily got you covered.

This channel is just a gem among the channels that bring crypto market updates in a concise and palatable format.

You can sense the dedication in the way Austin brings the updates and his opinions in front of his audience. No wonder the channel has recently hit over 420K subscribers.

Best humble and honest take: Crazy 4 Cryptos

Crazy 4 crypto

What does Crypto mean to you?

Most people will say ‘Freedom’, yet, most of the YouTubers we see on the Tube will be broadcasting from their bedrooms or backyards (nothing wrong with that) but not Dave.

He has been in Thailand and streams his videos directly from the beach.

You will immediately connect with his simpleton style and honest reviews.  

He has been touting about Theta when it was trading in cents and now those who followed him are very happy.

Besides Theta, Dave talks about a lot of topics in terms of storing your coins, being careful with people and how to have a long-term plan in space.

Honorable mentions

Team Underground (TA)

We had too many channels to weed out for the TA category and that is why we had to pick two winners, however, Team Underground is a channel we cannot skip.

This underdog channel has been more right about the calls than any other mainstream channel. If you like your TAs and technical side of crypto – be sure to check this channel out.

BitBoy

People either love him or hate him.  There is no middle ground when it comes to BitBoy.  

Personally, we have to weed out a lot of noise while browsing through his channel since he picks a new project every few days (or weeks) and can become overwhelming. 

However, the fresh content is worth the watch.

EllioTraders

The guy behind this channel is truly vested in the space. So much so that he recently launched his own crypto project.

It’s definitely refreshing to see the YouTuber taking his expertise into a live project.  

The reason we did not list this channel on the BEST list is because of the constant feed of projects he pitches that is a bit overbearing for our taste.  

Nevertheless, a great channel and great recommendations.

Conclusion

There are 100s of YouTube channels out there but not everyone is worth your attention. We hope you found some channels of interest through this article.

Note: if we missed any gem of a channel, please let us know and we will be more than happy to add it after review.

Thank you for reading and sharing this article. We appreciate you.

Stay safe and healthy!

Top 5 Cryptocurrencies 2020

IMPORTANT DISCLAIMER

Everything in this article is an opinion, not an advice of any kind. This material has been prepared for general informational purposes only and it is not intended to be relied upon as accounting, tax, investment, legal or other professional advice. Please consult with a professional for specific advice.

We do not endorse or guarantee the accuracy of the information and claims made.

All product and company names are trademarks™ or registered® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.

Continue Reading

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