CryptoBasic Podcast

Your source for all Cryptocurrency information, made for the novice investor. 

Flagship Episode 5: India, Facebook, and Bitgrail


Flagship Episode 5

India, Facebook, and Bitgrail

Our team sits down to discuss the sensationalism in play when it comes to crypto. India mentioning crypto becomes "India Bans Crypto" and a scammer getting $12 becomes "Scammer makes millions" and puts the word penis on his site (well that's true). The team discusses what the reward will be for being a founding member, and teases a new contest starting March 1st. 


Here's the megathread on the BitGrail scam from reddit. There's a lot of good information in here and people were really taken advantage of by this guy. Here's a link to the statement he released and all the arrogance contained. 

And of course here's the link to Prodeum's Penis. 

Facebook blog post detailing the banning of the crypto ads. 

Bloomberg article on the Tether subpoena. : Awesome site that shows the correlation in price movement for different cryptocurrencies. 


PLEASE Subscribe and give us an honest rating on iTunes. 

These links are all referral links for us, but we use every one of these exchanges and wallets. 

CASH APP HAS BITCOIN! If you sign up through that link the show gets $5 and so do you! Stop the presses. The easiest to use money transfer application (yes it's easier than Venmo) now as a built in way to buy and sell Bitcoin. They even have a no - fee debit card you can use.  

Binance Exchange Binance is the primary location for many of the coins that are not available on CoinBase. They have the best user experience, don't use the USDT as a primary trading pair, and have reasonable customer service. Give them a look. 

Ledger Wallet Website This is where you buy the hardware wallet that we're always talking about on the show - we all use a Ledger Nano S.



The members of the CryptoBasic podcast are not financial advisors, and this information is provided for entertainment purposes. Please do your own research, and don't listen to these idiots.

The CryptoBasic Podcast is owned and operated by Cipher Consulting Group LLC.