How I Explained Cryptocurrencies to a Beginner | EP13
Description
Recently, I had to explain the cryptocurrency market to a beginner who happened to be a legal advisor and was interested in buying Bitcoin. At the same event, I showed another dad how to buy Ethereum. So, today, I am telling that story and what we all learned from it.
🔗 LINKS
- Why I don't talk about gambling as a professional gambler: https://podcasters.spotify.com/pod/show/jimmakos/episodes/Why-I-Dont-Talk-About-Gambling-as-a-Professional-Gambler--EP10-e2nt559
🎦 Podcast episode on YouTube: https://youtu.be/Z5s2ku4k7-Y
🎙️ Podcasting Challenges as a Non-Native Speaker: https://jimmakos.com/podcasting/
🎬 Chapters/Timestamps
00:00 Why am I talking about cryptocurrencies?
02:05 What are cryptocurrencies?
06:05 What is blockchain
07:14 How cryptocurrencies are created (mining)?
09:27 What is a crypto wallet?
10:37 How cryptocurrency transfers are made
13:28 The biggest risk in the cryptocurrency market
14:11 How does Bitcoin price go up or down?
16:53 The virtual economy of fiat and cryptocurrencies
17:36 How I would invest my money as a beginner
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🎙 ABOUT THE PODCAST
The Makos Cast is my podcast, where I'm sharing what worked for me in gambling, personal finance, and running a web publishing business as a solopreneur working from home while I'm documenting a healthier and wealthier life in Greece.
Thank you for listening,
Jim






