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Our friend and previous guest, Eric Rosenberg is back and talking to us all about crypto.
This is basically a 101 level conversation as I navigate the basics of crypto and decide if I want to invest a small amount of money into this asset class.
Over the past couple of years Eric has been studying and writing about cryptocurrency. He is by far one of the most unbiased, knowledgable people I know regarding this subject, that’s why I wanted to bring him on.
What You’ll Learn
In this episode we talk about:
- Definitions of cryptocurrency and blockchain
- How ownership of cryptocurrency works
- How Eric views cryptocurrency as an investment
- How Bitcoin and Etherium standout from other cryptocurrencies
- Ways to start a cryptocurrency wallet and bit about centralized crypto currency exchange platforms
- Ways to keep your investment safe
- Software vs hardware wallets
- Keeping taxes in mind when investing in crypto
- Why platforms like Robin Hood might be less ideal for investing in crypto
- How cryptocurrencies address inflation
- What “shitcoins” are and what to look out for
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