[File: Dado Ruvic/Illustration/Reuters]

What is Bitcoin?

Bitcoin is a decentralized, trustless, peer to peer transaction network and global currency. However, the intent of this post is not to teach you what bitcoin is, but rather to answer frequently asked cryptocurrency questions. If you want to learn more about bitcoin, head on over to my post titled What is Bitcoin?

Which cryptocurrency should I invest in?

Bitcoin (BTC) and Ethereum (ETH) are the safest plays. Generally speaking, the larger the market cap of an asset, the less volatile it is. Check out CoinMarketCap.com to see a list of cryptocurrencies by market cap. Bitcoin and…

Mint.com — My Assets 2016–2020

People often look for quick ways to become rich but getting rich quickly is rare. It generally involves taking on large risks or getting really lucky. Many of these people lose a lot of money by succumbing to greed when they take on too much risk. If you come across an easy way to get rich fast, chances are it’s a scam.

Since I am somewhat risk averse and don’t want to count on luck, I advocate for the Get Rich Slow Scheme. I believe that with a ten to thirty year horizon, many Americans are capable of becoming millionaires.

Clearing away misconceptions about forest fires

Source: https://www.sacbee.com/news/california/fires/article245846235.html

Our world is burning. Quite literally. An unprecedented number of wildfires rage across California, Oregon, and Washington. Half a million Oregonians have been forced to evacuate their homes due to fire danger (totaling over 10% of Oregon’s population). The blood-red skies with raining ash make for some apocalyptic scenery.

In 2018, 1.9 million acres burned in California, setting a new record. That record was smashed in 2020 with over 3.2 million acres burned so far (an area the size of Connecticut). 6.7 million acres have burned across the US this year. …

Artist (Forest Sterns) Rendition of a Quantum Computer

In this post, I will explore an analogy between the human brain and modern day computers.

Almost all computers, since their invention, have utilized binary processors. All information stored in a computer is stored as either a 0 or 1 and is known as a bit. A bit is the smallest unit of information we can conceive of. By storing billions of bits, modern binary computers can be very powerful, but they still have their limitations. A new type of computer is being developed, which may one day render the binary computer obsolete.

Companies like IBM and Google are working…

Exponential Growth — Data Taken From https://www.worldometers.info/coronavirus/

Hey All,

I have put a lot of thought into what our next steps should be as a nation. Please read and provide feedback.

We have reached the point where we can no longer afford to root for this administration to lose. The stakes are too high. Now more than ever, we need to unite as a country and as a species. I plan to bite my tongue when it comes to what we should have done and focus on what needs to be done now. The White House’s COVID-19 press event today was the best one yet since the…

Data from Johns Hopkins showing exponential growth outside of China

I have already discussed the financial implications of the Coronavirus, this post focuses on how to stay safe and flatten the curve.

COVID-19 wont kill us all. It’s not the end of the world. However, several projections show that my March 23rd, without proper action, our ICU units in several major cities will be overwhelmed by patient volume. We are about ten days behind Italy in terms of infection rate. Hospitals in Italy already have to decide who gets treatment, depending on their age & chance of survival. Imagine having to choose who get’s to live or die? If many…

Data from Johns Hopkins

2020 is shaping up to be a crazy year. Australia was on fire, a novel deadly virus is spreading rapidly throughout the planet, while stocks and other assets are cratering.

If you aren’t worried about COVID-19, you probably haven’t done enough research. I am not saying you should begin to panic, but you certainly should learn what you are up against and prepare.

There are two things that make a virus deadly: Mortality rate and rate of transmission. …

Note: The prices and statistics in this post represent as snapshot in time and may differ from current numbers, as they change frequently.

The idea of Bitcoin is very difficult to explain. In addition to this, there is a lot of misinformation out there. I will do my best to explain it in a simple manner, but be patient. It is very technical, even for a nerd like me.

Bitcoin is a digital currency that can be used anywhere that you have an internet connection. It was created in 2009 by a person or group of people only known by…

Disclaimer: Any numbers used here represent a snapshot in time. After only one day they have changed significantly. Please run the numbers for yourself if you plan to execute this strategy.


In order to execute this strategy you will need the following:

  • At least $75k-$100k in free capitol that you are willing to invest in Tesla Motors
  • A good understanding of how options contracts work.
  • A brokerage account with Level 1 or higher options trading that allows you to write puts and calls (This is something you need to apply for and they may not give it to someone…

24 Hours to Live — What would you do?

I am just finished reading The Untethered Soul, by Michael a Singer. It is the type of book that forces me to view life from a new perspective, which is exactly why it is so powerful. I’d like to start this post by sharing a passage with you.

From Chapter 17, Contemplating Death:

“Take a moment to look at the things you think you need. Look at how much time and energy you put into various activities. Imagine if you knew you were going to die within a week or a month. How would that change things? How would your…

Damian Shchur

Be a good person

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