Trust me, this is worth a read

So I've been watching the cryptocurrency market like a hawk for the last 5 years ever since my high school acquaintance got busted for buying drugs from Silk Road online with Bitcoin. I cant even imagine how much he would be worth today if he would have hung on to those coins instead of using them for Swat Team bait. He had ~$2,000 worth back then which would be ~$400,000.

Anyway, there's finally a promising and revolutionary development in the world of cryptocurrency and open source distributed ledgers since it has nowhere to go right now.

Blockchain is cute, but it cannot scale, transaction fees are crippling, mining requires high power computers not accessible to the public, and much more. Long story short, blockchain based currencies are a great start, but will not be the finisher. Basically any cryptocurrency you've ever heard of is based on this underlying protocol.

Through my steady research and oversight, I have discovered at its most early phases, a permission-less open source ledger that was built from the ground up by a brilliant team. These guys were frustrated by the impossibility of blockchain being the backbone for IBM's predicted 50 billion connected devices by 2020.

I was waiting to post about this until someone had made a good quality video explaining the solution, so here's the youtube link:

Oh and one more thing, it becomes publicly traded today.

Here's the video link:

0 Comments

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”