Ripple header image

Ripple - The Real Crypto-”Currency”?

Ripple History

First off, are you sitting down? I’m about to blow your mind. Ready? Did you know that Ripple was actually the first cryptocurrency!? The protocol behind it was actually created in 2004, 5 years before Bitcoin was launched. Okay, maybe that isn’t “the cure for cancer”, “the location of Ark of the Covenant”, or the answer to “what is actually a completed pass in the NFL”. But, when I saw that, it definitely surprised and excited me.

The first installment of Ripple, called Ripplepay, was developed by Ryan Fugger a Web Developer. Fugger had the idea of creating a decentralized monetary system that would allow people and communities to create their own money. Later, Opencoin took the concepts that Fugger developed and used them to develop what we know today as the Ripple network.

In September of 2013, Opencoin Inc changed its name to Ripple Labs Inc. Since then Ripple Labs has been partnering with companies such as: ZipZap (a Western Union Competitor), Accenture, American Express, just to name a few. There have also been numerous testing phases with various banks around the world to see if Ripple could provide cheaper, faster, transferring and settling of funds. All phases have shown very promising results.

Recent Updates

Just recently, a large Japanese Bank Consortium along with a few of the largest banks in South Korea have announced they are testing the Ripple Network with possible full scale adoption in the near future. This could be just the start of Ripple adoption.

In a nutshell, what Ripple is trying to do from what I have read, is take on SWIFT which is the way banks around the world currently communicate and move money. As it was put in some research I have read. Currently, for banks to move money worldwide they have to hold 10 Trillion+ dollars in reserves and as we all know, transfers can take 3 days or more to occur. With the Ripple network, transfers will happen instantly and do not require large reserve funds to be held.

Here is a scenario, say someone in Japan wants to send a large amount of money to someone in the USA. With the Ripple network, the funds would immediately be converted from Yen to Ripple then immediately converted from Ripple to USD at the receivers end. Ripple can currently process 1500 transactions a second and each transaction takes about 4 secs to complete. That is on par and rivaling what Visa can do. Not to mention that it is much cheaper and costs a fraction of the electricity to perform.


First I must mention I do have an investment position in Ripple. RippleLabs may currently be focused on large financial institutions, it will not be long before it is benefiting individuals worldwide. The pushback you always hear about Bitcoin is that it is so volatile therefore it cannot not be used as an actual “currency” but more so as a “store of value”. One reason for this is that there will only ever be 21 million Bitcoins in existence. Ripple on the other hand has a 100 Billion max cap and currently about 39 Billion in circulation.

That would lead to the assumption that the price would be much more stable and with fact that the network can process transactions in quantity and speed that rivals Visa. All signs point in favor of this being the crypto we actually use in day to day transactions.

Lastly, this is merely rumor, but Coinbase plans on adding more crypto’s to their offering in 2018 and a lot of industry leaders believe Ripple could be one of them. If that is the case, Ripple trading under $1 will never happen again.

Just my two satoshis…

Thanks for reading,

JayCo-Founder CryptoFizz

Bitcoin Worth header image

Bitcoin Will Be Worth...

Before I finish the statement of my title, I want to discuss all of the Bitcoin Haters and Deniers claiming “It’s a fraud” “It’s overvalued” “It’s a bubble” and throwing subjective numbers at what they ‘think’ it should be worth.

A famous investor Jack Bogle, who is 88, recently claimed “Avoid bitcoin like the plague... it may reach $20,000 but come and talk to me when it’s $100”, hedging your bets there huh Jack? In reality he has no clue what he is talking about. It could drop, it could rise, I am not denying that. But he didn’t give one shred of evidence that he actually understands the technology behind the blockchain to even make this claim. Trust everything you read with a grain of salt, hell, even this article I am writing right now. Do your own research before coming to a conclusion… let's talk a little bit about valuation.

I was reading in the news the other day that a painting accurately titled “untitled”, because the artist spent so much time working on it he didn’t want to put in the extra effort into coming up with a name, recently sold at an auction for $46 Million dollars. Now, if you haven't seen this gem, it looks like something that I, with absolutely no artistic ability, created after returning home from the longest pub crawl ever, completely shit faced. The look is eerily similar to what my tortilla shell looks like after I prep it with 3 pouches of Taco Bell fire sauce.

First off, I feel sorry for whoever spent a fortune on this piece of ar… shit. Actually, no i don’t, in my opinion they are an idiot. Period. But that is for them to decide, it's their money.

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What in the hell makes this worth that kind of money? You can’t even look at it without it hurting your eyes.

Now, stepping up the game a little bit, this comic book ( sold in 2014 for around $3.2 million, it originally cost .10 cents. So for this pad of paper, that’s only unique properties are the ink that was printed on it, sold for what could feed a small village, for 10 years. The only justification being “rarity”. I mean what can you do with a comic book besides read it? In this case you probably don’t even want to do that because if you bend one corner you just lost half its value.

What makes the new iphone $800, or the lipstick my wife buys from Mac Cosmetics for $50 a tube, worth it? I was in the gap the other day with my wife and a pair of pants were selling for $50, essentially the same exact pair with a simple color variation were selling at Target for $25. It all comes down to what someone is willing to pay, at the time, for something.

Where are the people claiming these are “Overvalued”. Hell i am not even claiming that, anything is worth what someone is willing to pay for it. That is how the world has operated for thousands of years.

I personally hate articles that claim “$25,000 by february” or even the opposite “It’s going to go down to $100, one day”. No one actually knows what is going to happen. They can speculate by, using models, studies, theories, to justify their prediction. Hell, if we listened to some of those people and they were correct every time, you probably wouldn’t be viewing this article because we may not have the internet itself, which was claimed to be a “bubble” in its infancy.

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While watching the new season of Halt and Catch Fire the other day Spoiler Alert they are envisioning use cases for the internet. At the early stages there wasn’t any such thing as a search engine. You basically had to know someone's web address to see their site. The initial pass at creating the first google was essentially a page with links. In order for your site to be listed you had to email them the link and description of your page. Looking back now it's hard to put yourself in that place. But if you have no clue what something CAN become, you can make any claim you want… Like Ken Olsen for instance...

In 1977, Ken Olsen the CEO of Digital Equipment Corporation, was quoted as saying “There is no reason for any individual to have a computer in his home.” How did that turn out Ken?

Now, to finish my title…. World changing technology and rarity (only 21 Million) aside…. Bitcoin will be worth, whatever we as the community and adopters decide its worth… period… We are all just along for the journey and if you are an investor my advice is: Invest wisely, do your own research, it's your money… Invest in what you believe in.

Together we might change the world, or come crashing down with it. I’m betting my money on the former. F%$k the haters...


safex safe exchange

Safex (Safe Exchange Coin) - The Marketplace of Tomorrow

Safex (Safe Exchange Coin) is a cryptocurrency that allows all holders decision making in what happens on the platform. The team behind Safex will be creating a software called the Chille Blockchain which will create the first decentralized marketplace. This marketplace will allow users to transfer money and goods, anonymously, with no territorial boundaries. 

First of all, this has the potential to completely change the way we buy and sell goods. As an American, I have grown up with Craigslist, then ebay, and now with Amazon and Alibaba, all which revolutionized the “retail” industry, in the US at least. It just recently became commonplace that Amazon was in the same sphere as the giant, Walmart. Amazon “is” the next big thing even though it has been around for over a decade now. But then the blockchain gods declared “Hodl Up” and revealed another amazing concept, the potentially “decentralized ebay” of sorts, Safex and their Chille Blockchain.

Here are some core features and fundamentals that make it even better though…

  • No Territorial Restrictions, No Borders.
  • Anonymous, need we say more.
  • No Government Control, cannot be shut down.
  • Ownership, Safex Coin Holders are awarded stake in the Chille blockchain.
  • Dividends, and also receive portions of all trades and transfers completed on the network.
  • Transfers occur all via the internet which removes middleman.
  • All transfers are done in real time removing all delays.
  • Anyone, Anywhere can own Safex.
  • Max supply of 2.147 Billion.

Safe for you to use. Safe for you to buy. Safe for you to receive. Safe for you to send. Safe for you to interact with from one feature to the next. Seems only fitting the name is Safex with those features. 

The wallet has just been released and you can tell by the UI this team really cares about what they produce. I am definitely cheering on the project and have a few Safex coins in my portfolio. We previously picked Safex as one of our 3 coins to watch in August. It definitely has the potential to change the game, and maybe someday we could be saying “Amazon and Alibaba were the next big thing”.

Jay - Connect with the Author


BIP91 Bitcoin Lock In

BIP91 has locked in and Bitcoin is rallying

With all of the news regarding Segwit that we have heard of the past couple months and the potential for Bitcoin to split into 2 separate coins, the market is rallying with the news that BIP91 has locked in. By locking in it basically means that as long as a majority of the network (51%) supports BIP91 blocks, there will be no risk of the aforementioned split.

Originally, BIP141 was proposed to solve the scaling issue that Bitcoin is seeing. However, in order for BIP141 to be a success, 95% of the miners on the Bitcoin network were needed to successfully activate Segwit. Instead, BIP91 was developed by James Hilliard as a Segwit2x and only 80% of the network is needed for it to be a success; therefore it was deemed the most viable solution.

When and what does it mean when BIP91 activates?

  • It will activate at block 477,120
  • There is a 336 block grace period for miners to prepare then blocks will be rejected that do not support BIP91.
  • Any miners not supporting the new protocol will have their blocks rejected, orphaned, and will lose mining profits.

At the time of writing this article Bitcoin is up 20%, valued at $2770 per coin, for the day and has been as high as 30%+:

This is certainly great news after the drop Bitcoin saw this past weekend when it hovered around $1900 US dollars a coin.

So what does this mean for Bitcoin in the long term?

  • Faster Bitcoin Transactions
  • Lower Transaction Fees
  • No Bitcoin Split (ie: Ethereum and Ethereum Classic)

Maybe with this news, a $500k target in 3 years is theoretically possible. I know one thing, if that does happen, you better get in now. But if it doesn’t, at least we will all be in for a show...


Thanks for reading,

Jay - Connect with me

McGregor-Mayweather Crypto

McGregor-Mayweather: 6 Investing principles fighters teach us

McGregor-Mayweather: 6 Investing principles fighters teach us

With the upcoming McGregor-Mayweather fight on August 26th, I thought it only made sense to look at what makes professional fighters so successful and how those principles could be applied to investing. Below are a few principles every successful fighter should have and how they equate to investing.

Be Decisive

By definition Decisive means “the ability to make decisions quickly and effectively”. This is a quality the elite boxers and fighters have. When you see an opening you need to be able to make a decision quickly and take opportunities as they present themselves, because they don’t usually last very long. This is all too true in Crypto Investing, with the drastic fluctuations that happen so quickly, you need to be able to determine when the timing is right to sell, buy, and hold.

Be Flexible

No matter how many hours McGregor-Mayweather spend watching each others film, studying the techniques, their ticks, their habits, footwork, and anything else, in the heat of the fight things may change and they will need to adapt. In the Crypto world you need to maintain this flexibility. One piece of news for a coin can totally change the outlook for the better or worse and you have to be ready to change your strategy when that occurs.

Be Simple

McGregor-Mayweather have both trained for years and have probably thrown a million jabs, crosses, hooks, and upper cuts in training. Yet in every single training session they continually practice these in an attempt to ingrain them into their muscle memory. As mentioned in a previous article “Crypto Investing: Using stock market principles as a guide”, it is best to stick with what you know. Invest in industries you are knowledgeable about so that you can see the early sign’s like when it might be a success and when it is time to cut a failure loose. Also, don’t base your strategy solely on one coin (technique) diversify so that you have multiple tricks in your arsenal and you aren’t a one-hit pony.

Be Patient

Sometimes an opponent may have the upper hand and the energy is with them. In these instances its sometimes best to defend while planning your next attack. Don’t just jump into something without proper knowledge and having a plan. This is where you will lose money due to the momentum against you. Defend, Plan, then attack when the moment is right.

Be Exploitative

If a fighter sees an opportunity they need to take it, this goes hand and hand with being decisive. If you see any opportunity in crypto coin, like we saw over the last few days when the entire market was down, take advantage of it. While others are fear selling and taking losses you should be the one taking advantage of that fear and getting into the market when the timing is right. As Warren Buffet once said, “Be fearful when others are greedy and greedy when others are fearful”.

Be Resilient

A fighter needs to have the ability recover and withstand during difficult situations. Sometimes you will make the wrong decision and lose money in the process. But remember, while you were losing someone else was most likely winning. You need to be able to get back up and focus on the fundamentals with a clear head in order to turn the tides in your favor.

Be Decisive, Be Flexible, Be Simple, Be Patient, Be Exploitative, and Be Resilient. If you follow these basic principles you will most likely Be Successful.


tenx altcoin crypto

TenX (Pay) - What crypto card is in your wallet?

TenX (Pay) coin was officially listed on bittrex last Friday, July 7th. After seeing it hit the exchange I decided to check out what all the hype was about and took a journey over to their website.

You see, the first thing I do when I research a company is read their opening paragraph on the site, I know pretty cliché, but to me, that opening paragraph describes the creativity and dreams of the team. If I am not intrigued by it, then how do I know the team selling it to me is fully bought in? It’s just like online dating; you need to sell yourself, as best as possible, in 200 words or less. In TenX's case, they don’t actually even describe themselves. Instead, the first thing you see is a quote that reads "TenX has figured out how to solve one of the biggest problems for people that are involved in cryptocurrency -- actually spending the currency. – INC." It was like a blind date where their friend, who is popular and you have known a while, sells them for you. They didn’t even have to do a thing other than “not-mess-it-up”.

The next link I click, on any site, is “The Team”. I want to put a few faces to a brand and vision. On TenX’s site the first thing I noticed was that Vitalik Buterin was an investor and advisor. For anyone new to the crypto world or that has been living under a rock, Vitalik is the founder of Ethereum, so in other words, a crypto god. Now, I get it, the whole reason they put his pearly whites glaring  prominently on their site is usually for salesy propaganda. But this one is different; it depends on who the actual person is. My reasoning? Its been said that Vitalik typically doesn't advise on many projects because he is not too keen on organizations benefiting from his image. Therefore if he is okay with them broadcasting his picture and background, that adds a lot of credibility for me.

Now for what Tenx actually does, it’s basically a debit card that converts your crypto to fiat and can be used anywhere credit cards are accepted. As mentioned in a previous article, I come from a Credit Card Processing background, so this possibility really excites me.

There are a few awesome example videos on their site where they use it to purchase McDonalds and even a beer. The transactions and overall process appear to be seamless. While there are a few other companies attempting to enter this space, the one big thing TenX has over them is a working product. You can already order a card directly from their website and being the first to market allows them to start building a foothold in the coveted payment processing space.

Will TenX be the dominant player for years to come? Your guess is a good as mine. But until someone else knocks them off, Tenx will be what’s in my wallet.

Thanks for reading,

Jay - Connect with me


Crypto Investing: Using stock market principles as a guide


Crypto Investing: Using stock market principles as a guide

You see that hot new Crypto hitting the market, check out the charts on your favorite exchange, and notice it's up 25, 50, even 100%. Your first thought is, what is going on, followed by, I need to ride this wave. So you take all the funds you have and submit a buy order in an attempt to ride the trend upwards. I won't lie, this has been me on a few different occasions. Many times I have rode the wave and sold for a nice profit, but many more times I didn’t see the bad signals and was thrown along the sand of the beach as I lost money on my gamble. Sometimes it will work you and will make a great deal of money, but for the majority of people, the gamble will fail.

After taking one too many hits doing this I decided to seek out some advice from top investors. Since I don’t have any major names on speed dial in my iPhone contacts I did the next best thing. I went to amazon and started looking at investing books others recommended. That is when I stumbled across “One Up On Wall Street: How to use what you already know to make money in the market. By Peter Lynch”. It changed my whole view on investing.

Peter Lynch was the manager of the Magellan Fund at Fidelity Investments from 1977-1990. During that time frame the fund averaged 29.2% annual return, making it the most profitable mutual fund in the world. I know, that was the stock market, and not crypto. But I believe these principles are fully translatable. The thing is, Bitcoin has only been around for about 10 years, the investing history isn’t there, yet.


Here are some of Peter’s principles that I take to heart:

Invest in what you know - Based on your background, invest in those businesses. For instance, I am in IT, it would never make sense for me to invest in an oil business. Other than changing my car oil every 3000 miles, that's a about the limitation of my knowledge in that industry.

Translating to Crypto: During my time at a financial provider, I became very proficient in credit card processing. So I may look at Ripple, Polybius, or another blockchain financial technology.

Homework - Review their site, understand what they do, research the team, review their total coin supply. A lot of the information I use is based on the company's website and data from sites like coinmarketcap.

Niche Business - Find companies that provide business to a niche market, being in a niche market means there is less competition.

Buy Back Burns - Look for ICO’s or already traded Businesses that buy back tokens and then burn them decreasing the supply. One day your tokens may just magically rise in value due to the decreased supply.

Proven Industries - If a blockchain company decides to do something that has already been proven outside of the blockchain and the blockchain technology will only enhance it. That company may be a great pick. For instance, Siacoin is traded at about 1.2 cents. The main use for their technology is cloud storage and their goal is to take on already proven entities like Amazon S3, Dropbox, and Box. It's only a matter of time before they or some other blockchain company starts taking a portion of that market share due to the decentralized nature and much lower costs.

Diversify - Peter Lynch uses an example in the book where if you diversified in 5 different stocks, held for a certain period, and only one showed significant gains, it would outweigh most losses or slow growth in the other stocks.

Pick a few of these types:

Stalwarts - Bitcoin, Ethereum, Litecoin. Coins that you know will most likely hold the value they have achieved and show a decent growth rate due to growing market adoption.

Fast Growers - Companies that will churn out a 25-50% growth. As Lynch states, these are the stocks where you will see your biggest gains.

Turnarounds - Companies that have seen depressed growth but are changing the way they operate. Not exactly the best example since they just closed as an ICO but Crypviser just recently made the decision to move from Ethereum platform to Bitshares due to the network issues caused by most ICO’s operating on Ethereum.

Rather than put all of your eggs in one basket, and hope for a solo home run, incremental growth spread out will show greater gains and much less chance of losses. The solo home run can be great, but a bases clearing double puts more runs on the board.

Selling - If the time comes and you believe you need to cut a coin loose. Try to replace it with another coin that has the same target market. One of them will most likely come out the winner and if it is in a niche business like mentioned above, you want to be riding that train when it does.

Invest for Long Term - I know its hard, especially in the crypto world where you can buy and sell instantly, 24 hours a day. But try to have some patience and after doing the research mentioned above, buy and hold. Its easy to get caught up in the daily fluctuations and take a loss. As my good friend said one time “You are only guaranteeing that loss when you sell”. Not to say you shouldn’t sell at a loss sometimes, just make sure you have researched and determined your reason as to why.

These tips I would suggest using at your own discretion. It has personally changed how I invest and my portfolio thanks me every day for it. If you have any tips or suggestions of what works for you, leave a comment below and hopefully we can help others avoid some pitfalls we all have fell into in the past.

Thanks for reading,



What is a cryptocurrency ICO? Explained here..

A Cryptocurrency ICO (Initial Coin Offering) is a means of crowd funding a new cryptocurrency. At least that is how it is described on Wikipedia. In simpler terms, an ICO is a way of funding a new technology or startup.

I will include links throughout this article where you can read further into items that have are already been fully detailed. The main point of writing this is to explain in layman’s terms what an ICO is so that anyone could understand. I personally like to use a lot of analogies and examples because I feel as a normal person those help build the visual picture in your mind of how something works that you may have never had experience with.

Lets say you have an idea for a new technology or business, in the past if you needed funding to further pursue this idea, you would fund it yourself, ask friends, family, or even go to a bank to apply for a loan. An ICO is the new way around the typical funding of the past. I personally believe the initial rise/idea of this was generated from websites such as gofundme and kickstarter. Add in anonymous, decentralized, cryptocurrency and the ICO was born.


How it works

Using an example of a current ICO lets discuss Polybius. Polybius has the goal of creating a banking institution with new principles and approach. But lets be real, creating a bank, challenging all the major banks that have been established for years would take some major funding. How could normal people ever accomplish this in the past? Hello ICO.

Starting on the 31st May 2017 the Polybius ICO opened and it concludes on the 30th of June 2017. During this time frame early investors can pay what essentially equates to $10 per PLBT coin. The PLBT coin is a new cryptocurrency created by the Polybius team. Holders of this coin will hope to achieve a few different things:

  1. Potential Profit: Once the ICO has ended this coin will be listed on various cryptocurrency exchanges where you can buy and sell it, similar to how traditional stocks work but with cryptocurrency. The hope for some early investors is that the coin would rise once it hits the exchanges and they are able to either generate an early profit or hold for future gains.
  2. Dividends: Polybius has stated that at the end of each financial year all PLBT coin holders will receive a portion, based on the amount of coins they hold, of 20% of the company’s profits.

The perks differ from ICO to ICO, so do your research.

Lets just think about this for a minute though, how cool would that be to be an initial investor in a banking institution!? I cannot stress this enough though, make sure you do your own research, these can be very volatile and there really is no safety net if the companies plans do not work out.

The group behind the ICO usually has milestones they would like to achieve via the funding and if their initial goal is not reached, the funders are typically refunded their investment. For instance, here are Polybius’s milestones:

Milestone 1 - $1.5 Million: Become an Authorized Payment Institution.

  • P2P Loans
  • Investment Portfolios
  • EBA Clearing
  • Swift Membership
  • EPC Rulebooks
  • API License
  • Payment Services

Milestone 2 - $3 Million: License for Electronic Money Institution.

  • Consumer and working Capital Loans
  • Foreign Exchange
  • Card Issuing and Payment Acquiring
  • EMI License

Milestone 3 - $6 Million: License for Commercial Banking.

  • Credit Cards
  • Savings Deposits
  • Open API Apps
  • Card Scheme Memberships
  • Bank License

Milestone 4 - $10 Million: Funding to create Digital Pass.

  • Blockchain
  • Big Data
  • Applied AI
  • Internet of Things
  • eSignatures
  • eSeals

Milestone 5 - $25 Million: SME Financial Marketplace

  • Venture Capital
  • Crowdfunding
  • Insurance
  • Brokerage

As of writing this Polybius has raised $24 million hitting their first 4 milestones and well on the way to hitting all 5 they set out to achieve at the start.


Research, Research, Research

All ICO’s usually start of with a traditional website explaining their goals and team. Using the Polybius example, check out their page, the majority of their team has a background in the cryptocurrency world. Generally they also have a board of advisors and what you should really look for here are industry professionals. If you are building a bank it only makes sense to have leaders from the banking industry advising your team.

Review everything from the look and feel of the website, check out the linkedin profiles of the people involved, read any news you can find (which we will try to provide with this new site). Then make the most educated decision you can.

As Peter Lynch states in the book One Up Wall Street, “Stick to the industries YOU know”. I have a background working for one of the top Accounting Software Institutions so I understand in pretty good detail how credit cards, payroll, and business loans work. But I personally wouldn’t invest in something that I have no industry experience.

Lastly, one item I suggest you be aware of is the amount of coins the company will create. In many cases, coins will only be created during the ICO, which gives you the peace of mind, that what you purchase will at least hopefully retain its value. I would always be wary of an ICO that has the fine print where they reserve the right to create coins after the ICO has ended. In some cases, there are good reasons for this, but make sure you understand all the details before investing.

The best scenario, which some ICO’s do, is the strategy of “burning” coins. For instance, they will use a portion of their profits yearly to purchase coins back from investors and will subsequently “burn” or destroy those purchased coins which will decrease the supply and increase the value the coins still in existence. This is like music to investor’s ears. Less coins = more value, Less coins = more value.



ICO = New way of funding an idea or business usually based on crypto technology. It provides a way for a business to gain funding and early investors help which in turn should generate a profit if the company is successful.

As this is one of our first articles here at we ask for your constructive feedback and questions below in the comments. We do not claim to know everything or are perfect so if you have suggestions for improvements please let us know. Our goal here are Crypto Fizz is to help educate the cryptocurrency community and educate us at the same time. Cryptocurrency, while created 8 years ago in 2009 with the initial genesis block of Bitcoin, is still in its infancy, it is an exciting time and we are so happy to be a part of it.

Love, peace, and knowledge for all!

Jay - View Tutorials & Investment Strategies