About Crypto News

An independent crypto news desk — bilingual, ad-supported, one person.

Crypto News is an effort to share the most important crypto headlines on a daily basis whenever possible — and to spread knowledge through the content offered. But how did all of this begin?

The Story

My story with crypto begins in 2015, when I was just starting my university career as a student. Around that time I read a random article about blockchain and immediately recognized that we were dealing with something revolutionary on a technological level. But back then I believed that for a technology like this to triumph, the giants of tech — Microsoft and the like — would have to take it over, and that on its own it could never break through. (I feel quite foolish writing these lines now.)

The years passed and I was nearly graduating, having already begun looking for work in my field — but the world's crisis with the pandemic made that effort sink deeper day by day. I was simply getting more disheartened every day without wanting to admit it; and without wanting to make this text any more miserable, I have the conviction that I was sliding toward depression. Thankfully I never reached it, but I was sliding that way.

Depression is like quicksand: you sink into it slowly, and once you sink completely there is no rescue — but before you sink completely you still have a chance to escape. — Crypto News, 20/09/2020

By coincidence, that same period brought the GameStop incident. In short: GameStop is an American chain that sells video games and related products, and at that time it was going through a very rough patch. A group of investors decided to short the stock so GameStop would be driven into certain bankruptcy — profiting from the closure of a company. But a group on Reddit decided to push back and called on the public to buy GameStop shares so the company wouldn't be sunk by the short sellers. And that's exactly what happened: the GameStop stock shot up to the heavens, with a rise of more than 1,600%. This put the investors in a very difficult position, because they had bet on the company falling, and now not only would they not make money — they owed many millions on top.

Up to this point everything is normal: one side wants the stock to fall and goes short, the other wants it to rise and goes long. What shook me, however, was that the investors — in order not to lose any more money — "came to an arrangement" with Robinhood (it's like Binance, except this one trades stocks) so that Robinhood would stop selling GameStop shares. And not only could you no longer buy the stock because it was "dangerous," as they claimed at the time, but in some cases, even if you had already invested in it, they took the shares from you and gave you your money back — and in some cases at a loss. Long story short: in that period Robinhood had an exclusive grip on GameStop's stock movement, and as I said before, this shook me a great deal.

Until that moment in my life I had trusted the "system." I wasn't a complete fool — I knew the "big players" enjoy the system's favor — but I had never grasped how much more favored the "big players" really are compared to me and ordinary people. In the end, the combination of not being able to find work and stand on my own feet financially, together with the arbitrariness baked into our supposedly "free markets" — where you can do whatever you want with your money until somebody decides you can't, as happened with GameStop — led me into crypto. I started reading about it day and night, about the fairness, the freedom, and the gains it can give us inside an economic system that does not particularly benefit ordinary citizens.

Inside the misfortune of those times I was lucky in another way: the pandemic and the lockdowns gave me ample time to read about crypto, to the point of total exhaustion every day.

Beyond crypto I also took up investing more broadly, and I realized that in Greece we don't really have a culture for it. The main reason is the collapse of the Greek stock market (1999, if I'm not mistaken), which led many Greeks to lose money. Ever since then we've considered investing as a people to be a bad thing — which is obviously a wrong mindset that has to change. I'm glad to see that, little by little, it is changing.

Personally, I invest in crypto not because I want to become a millionaire in a single day and buy a different yacht every day with cocaine and Russian women on board (not that I wouldn't enjoy that every once in a while), but because the conditions of my life have shown me that the future is uncertain and the system is against you. So you have to invest in order to have one more source of income for the difficult days. That's all — nothing more.

How Crypto News Was Born — the YouTube channel and the website

As I told you, I was already reading about crypto and obviously following the news on it — probably more news than the average person. And every day I would send an audio message via WhatsApp to a friend of mine in the Netherlands, who was also investing but didn't have time, because of work, to follow crypto news. So I would tell him about it. From what he told me, I delivered the news well: concisely, clearly, keeping the essence — and I helped him decide his moves in the market.

And then it hit me like a flash, as we say in my village, and I thought: "Why don't I make a YouTube channel where I share the most important crypto news?" And that's exactly what I did. About a year ago I began the preparations for the channel: name, content, sources, audio, and so on. After three to four months of preparation and rehearsals on the episodes, I released the first episode of Crypto News on the 3rd of March, 2022.

As for the website — I noticed there were so many interesting headlines in a single day that there was no way I could cover them all on the YouTube channel. So I built the Crypto News website, where you'll find any headline you might be looking for, plus, of course, educational content.

Thank You

At this point I want to thank you for all the support you've given me throughout this time at Crypto News. Please — keep going.