Crypto Jiu-Jitsu

What BJJ Can Teach Us About The Difference Between Bitcoin and Ethereum

Although I am working on a platform, Global Unity, that happens to integrate blockchain and a cryptocurrency into its design, I’m a total novice when it comes to the space, so take everything I say with a grain (pound?) of salt. Most of my time over the last few decades has been dedicated to Brazilian Jiu-Jitsu. I’m a second degree black belt, and have been studying, teaching, coaching, and competing for the last twenty five years, and own one of Toronto’s longest running and most highly decorated Jiu-Jitsu academies, OpenMat MMA.

Over the past year, I’ve been trying to understand both blockchains and cryptocurrencies, slowly learning more, dipping my toe in while working on Global Unity. I feel like a few things are starting to make sense, particularly in having a clearer understanding of the difference between the two biggest cryptocurrencies, Bitcoin and Ethereum, and the communities surrounding them. They say the best way to learn is to teach, so here we are.

Based on what I’ve learned, I feel there are some concepts from Eastern philosophy and martial arts that can help us understand what is happening in the space, but before diving in, it may be useful to have some understanding of how blockchains and cryptocurrencies work.

Crypto 101

If I give you a dollar, you know that that dollar has left my pocket and is in yours. If we try to do that…