The following transcript was created using artificial intelligence. There will be some grammatical errors below. 

00:00:03:17 – 00:00:21:26

Richard Carthon: Hello, everyone. Welcome to another episode of Crypto Current, your host here, Richard Carthon and today I got a special guest all the way out in the country of Georgia working on a ton of great projects, really started in the Bitcoin ATM market, but now is expanded to a lot of other offerings. Excited to more, we have Cryptx. We have George, how are you doing today? 

00:00:22:20 – 00:00:30:29

George Gvazava: Hello, Richard. Thank you for inviting me here. We’re doing fine. The weather is fine here and we’re waiting for summer and good things for Crypto.

00:00:31:01 – 00:00:44:16

Richard Carthon: For sure. Man Well, it’s a fun time to be in the world of Crypto right now. A lot of bullish things are going on, so it’s definitely a fun time to be here. But, you know, before we dive in and learn more about Cryptx lets learn about you. Give us some background about you. 

00:00:45:14 – 00:00:54:14

George Gvazava: Yeah. So actually, I first heard about Crypto quite late. It was about 2015, so it’s considered late for the early adopters. 

00:00:55:02 – 00:00:55:17

Richard Carthon: Yeah.

00:00:55:19 – 00:01:11:10

George Gvazava: So, I made a couple of investments actually, of course in Bitcoin as well as Ethereum. Actually, my brother is a thoracic surgeon and he bought Ethereum mining, like mining stuff. He was mining, the thoracic surgeon.

00:01:11:12 – 00:01:11:27

Richard Carthon: Wow.

00:01:11:29 – 00:01:32:14

George Gvazava: So he was, I think, more into it than me. So, actually I exited the first time in 2017, September. So for three months when the price was still going, I felt very stupid and warned myself to that, like in the first months of like, Okay, I think I’ve, I’ve exited well.

00:01:32:16 – 00:01:33:01

Richard Carthon: Right.

00:01:33:03 – 00:02:13:03

George Gvazava: So then I was, you know, I was always following it, but I actually have not started, like, you know, in this direction, working in that direction until in 2019, when George and a very successful individual contacted me about this opportunity, the Cryptx itself, which was just starting. So, we were just starting that down to join as a CFO at the time, at a group level, so, that’s when I joined and dived in more into Crypto. And like, I actually moved from investment banking. 

00:02:13:05 – 00:02:13:20

Richard Carthon: Wow.

00:02:13:22 – 00:02:17:17

George Gvazava: So like very, very, I would say finance.

00:02:17:19 – 00:02:18:04

Richard Carthon: Traditional.

00:02:18:06 – 00:02:23:29

George Gvazava: Hard finance. Yeah, traditional things into Crypto. And I think the timing was great that time. 

00:02:24:18 – 00:02:25:03

Richard Carthon: Yeah.

00:02:25:05 – 00:02:29:11

George Gvazava: And I see that I made a good decision by doing that.

00:02:29:13 – 00:02:29:28

Richard Carthon: Oh, absolutely. 

00:02:30:00 – 00:02:32:09

George Gvazava: And I mean evolved for me at that time, yeah. 

00:02:32:21 – 00:02:46:01

Richard Carthon: Right. No man, that’s great. And even with you saying, like you got in late quote, unquote in 2015, like, I personally got in the beginning of 2018. But everyone listening right now, 2021, relative to where we are in the grand scheme of Crypto, it’s still super early. 

00:02:46:03 – 00:02:46:18

George Gvazava: Yes we are.

00:02:46:20 – 00:03:13:09

Richard Carthon: We are still very early in this journey that is. So, I just wanted to definitely echo that really quickly. But it’s really cool to see that you came from the traditional finance background, I did as well. I worked at a Merrill Lynch back in the day and then transitioned into some other things, but it’s interesting that a lot of traditional finance people are making the conversion over into Crypto because they see and I don’t want to speak for you, but like just how the opportunities that’s available in the Crypto realm.

00:03:13:11 – 00:03:13:26

George Gvazava: Yeah 

00:03:13:28 – 00:03:24:04

Richard Carthon: And what all can come. So, let’s dive into Cryptx. So what made you transition away from traditional finance into Cryptx? And then let’s dive into, like, what that is evolved into.

00:03:24:24 – 00:03:57:15

George Gvazava: Yeah, great. Thank you for that. Actually, Cryptx itself started with a Crypto ATM company, as you mentioned, in 2017. So, they’re about six ATMS were opened like in Georgia. And then, as we saw that there was demand into everything, so we added and added. So, we have like all sorts of manufacturers that we are using for that. And then we thought that we should build the whole ecosystem around this. 

00:03:57:17 – 00:04:59:25

George Gvazava: And in Georgia, you know, there are quite good talent, tech talent mostly, but we still had trouble finding some, you know, Blockchain developers, like the big stuff. But, you know, lots of people also transitioned that time, so we assembled a quite great team, like a small team of, you know, interpreters and started at the time and we started working on Crypto and Blockchain related solutions. The first major project was Cryptx Wallet, which we launched about actually for our internal usage. We launched it two years ago, but we’ve kind of started marketing it outside the group about one year ago. And the main reason why we started with that was that we were using some other third wallet at that time for Crypto ATMs, but we thought that, you know, we could save money. And once we started saving money, then we got some feedback from, you know, some affiliated companies.

00:04:59:27 – 00:05:00:12

Richard Carthon: Right.

00:05:00:14 – 00:05:10:26

George Gvazava: That guys you’re stuff is good so why don’t you, you know, develop it further? And then we started investing a little bit more in UX and UI to make it easier, you know.

00:05:10:28 – 00:05:11:13

Richard Carthon: Right.

00:05:11:15 – 00:05:32:18

George Gvazava: For the customers, for the business. It’s a B2B wallet for operational operational uses. It’s a service. And then, the demand kicked in and we are kinda onboarding new customers on a daily basis now. So, that project appeared to be quite successful. 

00:05:33:01 – 00:05:59:13

Richard Carthon: Yeah, it’s amazing. Congrats on that. Definitely see the use case and you’re like, Man, we’re letting these users use a different wallet, when we could create our own, we can make it easy for them and they could just incorporate it. So, I see that smooth transition into why that makes sense. And it’s really cool to see that that’s growing, but then, you know, as that kind of picked up, it sounds like you were like, Wow, there’s so many other, like, streams that we could go and help people. So, let’s dive into that a little bit. What are some of the other things that Cryptx has going on? 

00:05:59:23 – 00:06:46:22

George Gvazava: Yeah. So apart from that, we’ve also launched a Crypto exchange. It’s called Crypto.com. It’s quite simple now because it was launched about like three months ago, but it always has quite good traction here in Georgia and in the regional countries, but we are trying to expand internationally as well. And the main thing is that there are quite low fees and quite kind of easy and fast transfers around it. We worked with two London Stock Exchange listed banks, so like these banks are based in Georgia, but they are listed in Élysée, so that makes us very smooth. And we have all these, I’ll just say email and other procedures.

00:06:46:24 – 00:06:47:09

Richard Carthon: Right.

00:06:47:11 – 00:07:12:08

George Gvazava: That help us stand out. So, and that helps us work with the banks better as well. So, we feel very confident with our sending and we feel that we’ll be able to expand in Eastern Western Europe soon and we’re just starting our marketing campaign towards that direction. Apart from that, like, we have about a team of about 60 or 70 developers now, so. 

00:07:12:10 – 00:07:12:25

Richard Carthon: Right.

00:07:12:27 – 00:07:20:03

George Gvazava: You know, these projects are kind of, you know, divided, like based on this talent that we have available now. 

00:07:20:11 – 00:07:20:26

Richard Carthon: Right.

00:07:20:28 – 00:08:00:02

George Gvazava: And another major, I think the biggest project that we’ve launched about two weeks ago, so it’s very, very new, is called Cryptx Terminal. And this is kind of a tool mostly for experienced Crypto traders, but also quite useful for the newcomers as well, like who have for example, let me give you just a brief example about that. So, I imagine that you might have like, lots of different accounts on different exchanges, right? I don’t know. There are, I don’t know, hundreds and hundreds of different exchanges, so.

00:08:00:04 – 00:08:00:19

Richard Carthon: Right.

00:08:00:21 – 00:08:23:17

George Gvazava: And, you know, you might want to, you know, use some strategies. Maybe you want to make some arbitrage profit, like buying somewhere in one exchange and selling in another and so on, just to make it for the short term differentials in prices or you want to kind of launch your MACD books or any other like Bollinger brands and so on, right? 

00:08:23:21 – 00:08:24:06

Richard Carthon: Right.

00:08:24:08 – 00:08:42:23

George Gvazava: So, what if I told you that you could do that? Everything from one place on one user interface where you can link all your accounts that you have on different exchanges through APIs to one system and do all your trades here without kind of logging in on 10 different exchanges, so to say. 

00:08:43:00 – 00:08:43:15

Richard Carthon: Right.

00:08:43:17 – 00:08:58:02

George Gvazava: So, that makes it very, very easy to, you know, for you to develop different strategies to, you know, look, see and utilize some price differentials that there are and, you know, profits even when you sleep.

00:08:58:04 – 00:08:58:19

Richard Carthon: Yeah.

00:08:58:21 – 00:09:04:00

George Gvazava: What bots are doing what you should be doing. Safe to say. 

00:09:04:02 – 00:09:29:20

Richard Carthon: Exactly. Man, let’s spend some time on that one really quickly. So, you just talked about two different streams, one was the exchange where people could go and have some different opportunities to buy and sell different Cryptos that are also linked to some local Georgian banks, but you’re also trying to expand to some other European countries. But the one that you just spoke on, I think I need to go back and just talk to everyone that’s listening right now and say how huge of a deal that is. 

00:09:29:22 – 00:10:15:12

Richard Carthon: So, I’m part of a Crypto fund in the States and one of the opportunities is arbitrage, but the challenge is speed and liquidity for some of the different exchanges to be able to get everything lined up in enough time to execute on all of these in a timely fashion. To put gas on it once you find it, right? And so, if you’re saying that you’re finding a way to get all these APIs, all these different systems and uniformly put it into one location and quickly be able to execute on all this and have it done, so, if you do have some algorithms, or bots, or trading things that you have and it could just be executing while you’re sleeping, powerful. That is extremely powerful. Can we like, spend a little bit more time on there? And just say, like how far in development. I know you said you just launched two weeks ago, but like, how is it being utilized so far? Because this, again, is an extremely powerful tool. 

00:10:15:22 – 00:11:05:06

George Gvazava: Yeah. So, actually what you’re saying, we got this kind of feedback about a year ago when we actually got a grant from the Georgian government of 650k. So we’ve invested one million, two hundred, something like that and they gave us the other part of the money, so to say. And when we, you know, accelerated our development and this service is actually software as a service business, although a classical one, so, you just pay monthly for software. And as for the stage, we launched like two months ago. It’s still a beta version, but we’re thinking that we’ll finalize it in about two months. So, we’ll have kind of a bigger launch.

00:11:05:08 – 00:11:05:23

Richard Carthon: Right.

00:11:05:25 – 00:11:28:09

George Gvazava: Bigger marketing campaign and everything. You know, there are some competitors, but they are also in the early stage. So, we filled that with a proper marketing and with a proper kind of user acquisition strategy. We think that, as you said, these problems are the ones that we saw a year ago. 

00:11:28:24 – 00:11:29:09

Richard Carthon: Right.

00:11:29:11 – 00:12:16:25

George Gvazava: And we have, you know, quite a good, I would say cohort of advisors who thought about this. And when we talked our solution to that, they said, “Go for it, do it as fast as you can.” So, you know, even though we had some limitations with the technical on the gain, due to, it was quite hard to find additional, we are still looking for some team members, actually. We still managed to finish it on time. And we believe that a lot of like, in the first stage, I think mostly professional quick book pages are going to find value in this. But, you know, there are lots of tools that might be useful for a novice once and like for beginners as well.

00:12:16:27 – 00:12:17:12

Richard Carthon: Right.

00:12:17:14 – 00:12:37:24

George Gvazava: Because with a proper explanation of what each bot is doing, for example, where you should prefund, which exchanges, you should prefund to do this in this case and so on and so on. I think that it will be also useful for just, you know, just the normal Crypto traders.

00:12:37:26 – 00:12:38:11

Richard Carthon: Yeah.

00:12:38:13 – 00:12:43:26

George Gvazava: Who just wants to make profit when they sleep. And you know that when the like, Crypto markets do not sleep, right? So.

00:12:44:09 – 00:12:44:24

Richard Carthon: Yeah.

00:12:44:26 – 00:13:02:28

George Gvazava: But people sleep, right? So, if you can somehow adjust your speed, availability and desire to trade when everyone else is sleeping, I think using bots in a proper way would be a game changer, so to say. And I know lots of people who are doing that.

00:13:03:00 – 00:13:03:15

Richard Carthon: Right.

00:13:03:17 – 00:13:06:03

George Gvazava: But it’s very hard for them. Like, you have to be very tech savvy. 

00:13:06:08 – 00:13:06:23

Richard Carthon: Yeah.

00:13:06:25 – 00:13:18:15

George Gvazava: You can, of course, write your bots in Python and, you know, link it. But you know, we’re a ready made solution and a turnkey solution for that. I think it is a game changer and we believe in this project as well. 

00:13:19:10 – 00:14:03:27

Richard Carthon: No doubt. And just like you said, this is a little bit more advanced, so, this is going to be a little bit more for your advanced trader and has some technical knowledge. But as it evolves, just like you said, and it’s opened up to your everyday retail Crypto investor, it’s still going to be a very powerful tool that, like you said, once you figure out the operational piece of how you set everything up can be making money in your sleep, which ultimately, for a lot of these investors, because, like you said, Crypto doesn’t sleep. It’s open 24/7, it’s always going to be active to consistently find ways to balance your portfolio and find new entry points. And if you are doing arbitrage and other more advanced types of trades, this could be a really great and unique opportunity. 

00:14:03:29 – 00:14:04:14

George Gvazava: Yeah.

00:14:04:17 – 00:14:19:19

George Gvazava: So, just from a phase standpoint, I know you said you just launched it and it’s still growing, you’re going to do like a fuller launch in like two months. If someone’s interested in being one of these either first use cases or testing this out, is it that people can go and sign up online or how is that working right now? 

00:14:19:21 – 00:15:11:13

George Gvazava: Yeah, yeah. They can sign up online. Actually, we give a two month free trial for that, so it’s really easy. They can go to Cryptx.com, to this domain and they’ll see all of our products that we have there. So, when they click on Cryptx terminal, they will be kind of redirected to that web page and they can just go sign up there and see what it can do. And if there are some questions or something like that, we have a quite good, dedicated support team for that, so, would be happy to, you know, guide people. We already have some test users actually from whom we are actually collecting some additional feedback. But mostly the feedback is positive, so, there’s going to be like small tweaks that we need to do, I think, for the next two months, and then there’s going to be a full scale launch on that. So, on that domain.

00:15:11:15 – 00:15:33:15

Richard Carthon: Right. And that’s great, man. Well, congrats on that and getting all that going. The journey from Bitcoin ATMs all the way into wallets, also into having some exchanges and also having this unique trading tool, y’all have been growing and building some really amazing stuff in the last four years. Is there anything else that’s on the roadmap that people should be aware that’s coming to Cryptx? 

00:15:34:24 – 00:16:31:18

George Gvazava: Yeah. Yes. So, as you know, like all of our projects are now in active development, but we still decided, you know, to try and get some projects on a, like, a custom project as well. So, we have a software development company as well called Cryptx IQ, which actually takes on Crypto related projects from all over the world. It’s got to be custom, like we even sell our wallet, like the white label solution, for example, so, you know, just a turnkey solution for that. We also sell our Crypto exchange as a white label solution, so the whole thing and even the parts of the script out because it has different modules, right? So, we sell even the parts. And if someone is interested, we get some interest from different countries who would like to, you know, develop something quick in a good way. 

00:16:32:05 – 00:16:32:20

Richard Carthon: Yeah.

00:16:32:22 – 00:17:20:06

George Gvazava: So, we have these dedicated kinds of projects that will open, like the development companies, software development companies that can take on custom projects as well and do it in high quality. So, that’s what we see afterwards. Like now, the talent that’s now working on these projects are active, once these projects are launched, then there is only support needed there. So, these people will be redirected to our software development company, so, they will take on the projects internationally mostly and like, I don’t know, 95 percent is going to be Blockchain and Crypto related, of course, because that’s where these guys, our team has accumulated a huge experience, which is quite valuable at this time, as the Blockchain And developers are like rare. 

00:17:20:24 – 00:17:55:06

Richard Carthon: Yeah, no doubt. Well, that is another good thing that people who are listening, if you’re looking to create your own Blockchain, Crypto project and need some outside help or if you’re trying to create your own wallet, sounds like you have a way to do that as well with Cryptx. So, again, George, thanks for breaking all that down and giving us a lot of information on what’s on the roadmap for that. I just want to change gears just a little bit. With everything that’s already happened in 2021 and with a lot of excitement that is now coming into the Crypto Blockchain space, what are some things that you’re observing that you think others should be looking out for as well? 

00:17:56:02 – 00:18:03:08

George Gvazava: Yeah. So, once we start talking about 2021, we should not forget 2020. 

00:18:03:18 – 00:18:04:03

Richard Carthon: For sure.

00:18:04:05 – 00:18:29:10

George Gvazava: So, for example, summer of 2020, which was huge for DeFi, right? Like everyone was there and I don’t know, Ethereum gas fees were growing and going up and up and so on because everyone was launching like these projects on Ethereum. And just before summer, Bitcoin hodiling happened, which also had a huge consequence on that, of course on the Bitcoin, but on the Crypto market in general. 

00:18:30:11 – 00:20:02:12

George Gvazava: So, I think DeFi is here to stay still because it has lots of use cases and it actually adds value. We are somewhere like in a more efficient manner to traditional finance, so I think that there’s going to be a huge demand in that field of steel. And I think that this, I would say the rallies that were started in 2020 will continue a little bit and there we might see some slow down, but still. So, the interest is growing and growing towards Crypto. Institutional money, even though it has stopped for, like, I don’t know, for the last one month that institutional money flows into the Crypto market is kind of lower than it was before, it’s still there. So and this institutional money means a lot. And as I’ve read them and it’s also my personal belief that like, portfolio, about like 10 percent of portfolio could become Crypto related in global portfolios itself. So, that thing actually, you know, is a huge thing for Crypto. Additionally, when I see or where there is some more interest is of course, CBDCs. 

00:20:02:14 – 00:20:02:29

Richard Carthon: Yeah.

00:20:03:01 – 00:20:53:26

George Gvazava: Central bank digital currencies. And there are countries who’ve actually already passed the prototype stage and are actually looking to develop even further. And, you know, we have the same dollar already. So, it’s also quite an interesting thing to observe. So like, the first major, not major maybe, but at least for the CBDC, a real CBDC I see. And you know, NFTs are quite a hot topic and I think still are in this days, but I do not know that much about them now. I just know I do not have that, how to say, deep knowledge in that, so, I will not be talking much about that because I cannot.

00:20:53:28 – 00:20:56:24

Richard Carthon: No worries.

00:20:56:26 – 00:20:57:11

George Gvazava: Sorry?

00:20:57:13 – 00:21:01:08

Richard Carthon: I said no worries, that’s fine. But, NFTs, I gree with you that that’s not going anywhere any soon. 

00:21:01:24 – 00:22:17:04

George Gvazava: Yeah. And you know, I think these are the things and I think also people I think like, Crypto community actually now sees that it should not be like Crypto should not be old wild west, like it should be somehow still regulated, right? Because, you know, a proper regulation. But it’s important, like proper regulation is important there and they provide proper regulation. I mean, that we should not kill Crypto with laws and regulations, but we should kind of give it some kind of direction to develop still, because if you just, you know, try to kill it, it will still survive in a bad way. So, I think it’s like the country should think about how they can adapt to Crypto, rather than block it right away. So, I think that Crypto regulations, lke, if we were in 2015 or like, even 2017, like, Crypto community would be like no regulations, why? Cryptos are against regulations. That’s why they created this like Satoshi Nakamoto and so on. 

00:22:18:14 – 00:22:18:29

Richard Carthon: Right.

00:22:19:01 – 00:22:50:25

George Gvazava: But now I think even Crypto community thinks that it is important because, you know, there are still, of course, there are some bad use cases and there are still lots of people who are not that knowledgeable and, you know, they, you know, go into Crypto one time, they lose everything and they are blaming everyone, right? So, you know, there should be a good balance, so to say, a golden point where regulation is important, but too much regulation might kill it, so.

00:22:51:05 – 00:22:52:02

Richard Carthon: Yeah.

00:22:52:04 – 00:22:52:19

George Gvazava: So, you know? 

00:22:52:21 – 00:23:10:12

Richard Carthon: And jut to that point I want to add is to an extent, I agree with you that there needs to be some regulation. It helps from a country standpoint where you know what the guidance and the rules are so you can play within those rules, but if you straight up just say, “This isn’t happening,” then of course, Crypto enthusiasts and other people are going to find other ways to get it done. 

00:23:10:20 – 00:23:11:05

George Gvazava: Yeah.

00:23:11:07 – 00:23:53:06

Richard Carthon: But at least when there are ways and and something else you were talking about just kind of how new people to the world of Crypto making it so easy that you intuitively can understand what’s going on. So, there are a lot of Crypto companies who have created products that aren’t necessarily the most user friendly and aren’t doing a lot to protect the newest person to not do things that could ultimately not benefit them. So, I think that we’re going to eventually get into this UI change of making sure that there is full autonomy with educating people on here’s what each action does and why each one is important and maybe from a regulation standpoint, making sure that some of those things are included with the UI.

00:23:53:08 – 00:23:53:23

George Gvazava: Yeah.

00:23:53:25 – 00:23:56:00

Richard Carthon: So that people don’t feel like they’re being taken advantage of. 

00:24:34:21 – 00:25:25:00

George Gvazava: So, yeah, I agree Richard completely with you. And, like, if we saw the DeFi projects, for example, in the summer of 2020, there you see why the web pages were a disaster. No one could understand what was going on, they weren’t tech savvy. And now that is changing. Now, that is changing a lot. These people, they understand that launching a project that nobody understands except for the few is not going to go anywhere, right? So, they are now investing, actually hiring good designers and explaining educating people as well, on their web pages as well. So, this actually creates, a, you know, sense that someone cares and someone does not, you know, just when I hook you up for something and, you know, just throw you away afterwards, so. 

00:25:25:02 – 00:26:42:21

George Gvazava: So, and we are doing that as well, like we are, in Georgia and in the original countries, we also have some educational stuff going on. We have some meetups with the Crypto community or people who are interested in the Crypto communities. I personally actually, I am a lecturer at several universities in Georgia, in Hungary, in France. So, I’m just visiting lecturer. I mainly teach finance, actually, but I’ve already started talking, discussing with some of the universities that where I teach either Blockchain and Crypto in the curriculum, you know, because this is something that’s going to come soon. And I don’t know if you’ve seen, like even CFA, the CFA Institute, the like the really honorable and huge body in the field of finance, they’ve also done some research and published it about Crypto and Blockchain, Cryptocurrencies in general. So, you know, there is, even from academics now, there is interest that, you know, these kind of educational, how you say, educational gaps that there is, I think it’s closing and that’s why we have a bigger adoption, because when people start understanding it fully, they will adopt Crypto. That’s my belief.

00:26:42:23 – 00:27:27:22

Richard Carthon: For sure. And you know, honestly, that’s what our platform is all about, right? Bridging the gap between people who know nothing about Crypto with thought leaders in the space because education is important. It’s one thing to provide access to someone so they know about an opportunity, then it’s another to explain it in a way that they can take it and run with it and then it’s another to then give them an actual way to receive the information and be able to do something with it. So, we’re all about that. It sounds like you’re all about that as well, which is amazing and great. And man, George, you’ve dropped a lot of really good information on us. I have two more quick fun questions for you. One being, if you could take all of the knowledge that you have right now and could impart wisdom to yourself when you first got started or to the brand new newbie Crypto person, what are some like two to three things that you would tell yourself or teach yourself? 

00:27:28:21 – 00:27:36:20

George Gvazava: Okay. So, the first one is I would sell my house and invest in Crypto. That’s the first one for sure, I guess. 

00:27:36:29 – 00:27:37:14

Richard Carthon: Yeah.

00:27:38:09 – 00:27:54:27

George Gvazava: I think I’ve invested about, 10 percent, no, actually not 10 percent like five or seven percent of my net worth back then, so and still I was happy, but now I would invest, I think, 80 percent or 90 percent of my net worth. 

00:27:55:07 – 00:27:55:22

Richard Carthon: Wow.

00:27:55:24 – 00:28:26:27

George Gvazava: And so, that’s the first thing. The second thing is I would, you know, switch to Crypto earlier to be honest. And I would, you know, deep dive into more stuff, dedicate more time to understanding everything so that I would have known earlier. And the third one, I would probably, which actually still is a possibility, I would probably, you know, start learning coding myself. 

00:28:27:17 – 00:28:28:02

Richard Carthon: Yeah.

00:28:28:04 – 00:28:46:19

George Gvazava: You know, I’m mostly business minded, a finance minded guy, but I’ve, you know, I’ve tried it before. Due to time constraints, I was, you know, not successful, but I still think that, you know, at least a medium kind of understanding of coding would help me a lot.

00:28:46:21 – 00:29:19:18

Richard Carthon: Right. Yeah, I think those are three solid lessons. One is just seeing opportunity and Crypto and kind of doubling down a little bit, getting a little bit more involved and being a little bit more aggressive with what you allocated towards it and then challenging yourself to learn a little bit more on the coding side. So, it would probably a little bit more applicable being in the world of Crypto and just all the different opportunities that are in it. So, definitely appreciate those nuggets of information. But, you know, as we wrap up, man, what is a final thought that you want to leave with all of our listeners here today? 

00:29:21:20 – 00:30:40:05

George Gvazava: So, I would like to say that, first of all, Crypto’s here to stay. And I would think that as people know about stocks, bonds now, mostly lots of people know, I think they’re in other major asset class, which is Crypto should be also known for them. So, I would suggest that to read more about this, I would also suggest to understand more about the Blockchain, like applications like where Blockchain can be applied in which kind of industries and which kind of problems does it solve, because this, like the Blockchain itself, is a huge innovation, which and the, like the ways to apply to different world case scenarios are still to be researched and to be found, you know. So, that’s what I would say. And I think another thing is do not be afraid to kind of take initiative, but do everything, like, calculate your risks accordingly. So, you know, never invest in Crypto more than you can lose. You can allow yourself to lose, but I think that advice goes to everything in life. 

00:30:40:07 – 00:30:40:22

Richard Carthon: Yeah.

00:30:40:24 – 00:30:46:22

George Gvazava: So never dedicate yourself to something unless you are ready that you might lose it. So, that’s it for that. 

00:30:47:23 – 00:30:57:29

Richard Carthon: For sure. I think those are two great final thoughts of the day, so, thank you so much for sharing those with us. How can people go learn more about Cryptx and also be able to connect with you? 

00:30:58:19 – 00:31:44:07

George Gvazava: Okay. So, I guess everything starts with Cryptx.com, that’s our domain so they can see us. I’m really open to new connections, so they can find me on LinkedIn under George Gvazava. My name is really easy actually to remember. I’m George from Georgia, so it’s a rhyming one, so it’s easy to remember. And I also actually have some, you know, actually talent like, finance expert at Total.com. So, I have a huge community on that site as well. Like Total is a great network for global free freelancers, so I’m pretty open to connections and to suggestions. And I would say that I’m an easy person to reach out. 

00:31:45:03 – 00:31:51:06

Richard Carthon: Amazing. Well, again, George, thank you so much for spending some time with us and dropping all this knowledge. And for everyone listening, Stay Crypto Current.