Eric Goldfond Capital

For my first official post, I will provide a high-level and overly-simplified rundown on Cryptocurrency and Decentralized Finance in general.  Then, I'll discuss my personal experiences and the specific data points I analyzed with Ethereum .  I'll try to keep this and all future posts as objective and digestible as possible, as there are hundreds of resources out there by industry experts that go into greater detail than I can. ------------------------------ Without getting too involved, I see the 2020 and continuing sociopolitical climate as a strong advertisement for crypto and decentralized finance (DeFi). For the sake of smooth conversation, I'll refer to both as exchange systems for digital assets not reliant on banks and other institutions .  A simple phrase I've seen online I like that summarizes these systems well is "wild west" as they are still very experimental and lacking in regulations resulting in high volatility.    I will preface with the sent

 I'll try to keep this introduction short and sweet.  I've included a brief biography on my profile page, so feel free to check that out for some additional background. I never had been significantly involved in any investing.  However, I found myself with some extra free time browsing twitter and seeing headline after headline, tweet after tweet regarding Bitcoin, blockchain, cryptocurrency and decentralized finance (DeFi).   I had always been aware of these as general concepts, but I never paid much attention.  Rather, I was naïve and wrote off the concepts as irrelevant and worthless.  I was wrong. For the months of November through January, I closely tracked Bitcoin and Ethereum and watched them each double from approximately $18,000 to $36,000 and $700 to $1,400 respectively.  It seemed like many sociopolitical factors  (pandemic, stimulus payments, presidential shift, riots, the challenge on wall street/Gamestop/WallStreetBets) were advertisements for cryptocurrency and