EP-058 Crypto Currency Basics and Intermediate Training
This podcast is about the actual mechanics of crypto currency investing. So often experts get lost in the weeds of the philosophical underpinnings of the crypto space, they forget to inform people on the steps it takes to understand the practical mechanics of investing and holding crypto coins.
I had the special honor of interviewing two crypto experts for this podcast. First, we will speak to Sean Cover about the complex crypto currency market, and seek insights into the “what” these digitally created blockchain coins are, and why there are so many of them clogging up our intellectual bandwidth. Second, I will bring Tiaan Wolmarans onto the show to discuss the “how” to buy, hold, and transfer crypto currency. After this show it is my expectation that a layman should have a great understanding of the crowded crypto space, and be able to operate within it with confidence.
There is something for everyone who is interested in crypto currency within this podcast. There might be times you need to rewind and re-listen, and for some there may be times to skip ahead. This podcast is a winding road of crypto currency that travels through beginner and intermediate knowledge base information.
Why is this on the Conservative Hippie? Crypto currency isn’t going away. I see many friends talk about the crypto currency space, but only from the sidelines intimidated by the complexity and modern nature of these blockchain digital coins. Despite the wild popularity of crypto currency, it seems that experts are too submersed within the technology to give layman mechanical explanations. So I thought this would be a worthwhile journey to share with my community. The more you get comfortable with the crypto concepts the closer you are to possessing and using crypto currencies.
Wallets and Exchanges Mentioned:
- Blockstream Bitcoin Wallet
- Metamask Ethereum Wallet Chrome Extension
- Exodus Wallet for Top 100 Crypto Assets
- Coinbase Most Popular Exchange
- Kraken Advanced Trading Crypto Exchange
Guest – Sean Cover: Monetary Historian
Sean (Twitter: @seancover) gives us a logical rundown on crypto currency, and its place within our current monetary system. Sean spends his time thinking about monetary concepts, and he gives excellent analogies and examples to help conceptualize the crypto landscape.
Questioning Money, an audio newsletter on Substack.
808 Insights Newsletter dedicated to the crypto currency space.
Sean created an online document after working on this podcast to collect questions about crypto currency. Fill free to use this document as a resource with any follow-up questions.
Sean mentioned Aave and Compound as crypto blockchain projects that interest him currently.
Guest – Tiaan Wolmarans: Crypto Expert
Tiaan (Twitter: @ImTiaan) runs through a laundry list of simple and complex examples related to holding and using crypto currency. Tiaan is employed in the crypto currency space, and he takes the time to explain the mechanisms to crypto currency transactions through exchanges and wallets.
Head of Product at Revix, a crypto platform for investing.
Tiaan works with many asset classes in his current position. One basket Revix offers is an artificial intelligence managed investment basket. He mentioned Cyberdyne, Renishaw, and AI inside as noteworthy companies in the AI space.
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Sponsors:
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Music: Synapse by Shane Ivers – https://www.silvermansound.com
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