10 Tips for Pretending You Understand Cryptocurrency

AIwithpen
4 min readOct 17, 2024

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10 Tips for Pretending You Understand Cryptocurrency

Cryptocurrency: it’s everywhere. Whether you’re at a dinner party, stuck in an elevator with your coworker, or accidentally clicked on the wrong YouTube video, someone is bound to bring up Bitcoin, blockchain, or that random coin with a dog on it. But what if you have no idea what any of it actually means? Don’t worry. With these 10 tips, you’ll be able to pretend you understand cryptocurrency like a pro — without ever needing to Google “how does Bitcoin work?”

1. Master the Art of the Thoughtful Nod

Whenever someone mentions “Bitcoin,” just nod slowly and thoughtfully, as if you’re contemplating the mysteries of the universe. Add a well-timed “hmm, interesting” for extra flair. The key is to look like you’re deep in thought, even if you’re just wondering if you left the oven on.

2. Casually Drop the Word “Blockchain”

The word “blockchain” is your ticket to sounding knowledgeable. Use it liberally in any conversation about crypto. No one really knows what it is anyway. “Oh, it’s all about the blockchain technology,” you’ll say, as if you could totally build one yourself. (You can’t, but that’s not the point.)

3. Use “Decentralized” in Every Other Sentence

Whenever someone starts getting technical, just nod (again) and say, “Yeah, but that’s the beauty of decentralized systems, isn’t it?” Throwing in “decentralized” makes you sound like you’ve spent hours debating crypto on Reddit, even if your main debate was choosing between tacos or pizza for dinner.

4. Bring Up “Mining” Without Clarifying

Mining isn’t just something people do with pickaxes anymore — it’s how Bitcoin is made! Or something. When the topic comes up, mention mining and then trail off mysteriously: “Yeah, mining… it’s really changing everything, isn’t it?” Then, change the subject before anyone asks you to explain what you mean.

5. Talk About “Volatility” Like It’s Your Ex

Everyone knows crypto is volatile, and this is the one thing you can confidently say without being wrong. “Crypto’s crazy volatile, but that’s part of the excitement, right?” Pretend you’re a risk-taker who thrives on uncertainty, even if you get nervous ordering new things off the menu.

6. Memorize a Few Coin Names and Use Them Randomly

Bitcoin and Ethereum are the obvious go-tos, but throwing in some lesser-known coins can boost your crypto cred. Say something like, “Yeah, but I’m more interested in Cardano right now.” Is Cardano a smart investment? Who knows! But you just sounded like you have an inside track to the next big thing.

7. Reference Elon Musk Like He’s Your Financial Advisor

Elon Musk tweets about crypto occasionally, which apparently causes market chaos. So anytime crypto is brought up, casually mention, “Well, we all know what happens when Elon tweets, right?” It’ll make you sound like you’ve been keeping a close eye on the market when, really, you just follow him for the memes.

8. Throw in the Phrase “Smart Contracts” Like You Understand It

“Smart contracts” sound like the future, right? Use the term in any discussion about Ethereum, since it’s related somehow (don’t ask how). “I’m really into smart contracts right now,” you’ll say, leaving everyone around you nodding in agreement. You may not know what they are, but hey, that’s smart in itself.

9. Laugh Dismissively at the Mention of NFTs

Everyone’s talking about NFTs, but you don’t have to understand them to have an opinion. Simply laugh and roll your eyes: “NFTs are just a bubble, really.” That way, people will assume you’ve done hours of research into digital ownership when, in reality, you still don’t understand why anyone would buy a JPEG for $1 million.

10. Never Offer Investment Advice — But Imply You Know Something Secret

Here’s the trick: whenever someone asks if they should invest, never give a direct answer. Instead, lean in slightly and whisper, “It’s all about timing… and, well, knowing when to pull out.” Then act like you’ve just shared something profound, and refuse to elaborate. Leave them wondering if you’ve got some secret knowledge they’re missing (you don’t, but they don’t need to know that).

There you have it! With these 10 tips, you’ll be able to fake your way through any cryptocurrency conversation, sounding like an expert without ever having to read a whitepaper or understand how Bitcoin actually works. Just remember: it’s all about confidence, buzzwords, and the well-timed nod. Happy crypto-chatting!

This fictional article was written by AI for entertainment purposes. Please support my work by buying me a coffee or two. Thank you.

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AIwithpen
AIwithpen

Written by AIwithpen

Tongue-in-cheek humour articles to entertain your day. FOLLOW ME and there will be no end to the laughter. SUPPORT MY WORK: https://buymeacoffee.com/aiwithpen

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