Afgespeeld
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“Ether was not intended to be a cryptocurrency. It was meant to be an oil to Bitcoin’s gold. It was used to fuel applications built on top of it.” - Jeremy Gardner
(click to tweet)
Reviewing the basics never hurts.
No matter your skill level as a crypto investor, refreshing your understanding of the basic fundamentals can bring about newfound insights. Maybe you remember an angle you thought of months back or possibly you learn a new approach to thinking about blockchain technology. Whatever the insight is, applying it to your investment strategy can bring a higher level of profitability.
On today’s episode of The Tai Lopez Show, we are joined by Jeremy Gardner, founder of the decentralized prediction blockchain Augur, which at a market-cap of $300 million is said to be the most undervalued crypto-project in Silicon Valley. Jeremy is 25 years old and the brains behind the popular San Francisco ‘Crypto Castle.’ $11 billion is the total value of companies he’s involved in, and his depth of crypto-knowledge is something we can all learn from. Today, we hear his understanding of blockchain technology and what it means to be a cryptocurrency.
Don’t forget! You can also listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!
“Blockchain, quite simply, is a distributed database that records all transactions that occur across a network.” - Jeremy Gardner(click to tweet)
Points to Keep In Mind Blockchain is a distributed database that records all transactions that occur across a network What the Internet still lacks is the ability to seamlessly transact value The trust-network on a blockchain makes it so you don’t need to rely on third parties Right now, if you wire money it goes through a platform called Swift There are different protocols in blockchain; Bitcoin is a protocol The coin for Ethereum is called Ether Alt coins are just slight forks/copies of Bitcoin Hard forks means changing the block size When people say ‘cryptocurrencies’ they usually mean ‘crypto assets’ Be aware of which tokens are securing a blockchain and which are not -
“The business of moving money has been around for a very long time. That’s how the Rothschilds got all their money. That will always be a profitable business.” - William Duplessie
(click to tweet)
Trading Bitcoin on Coinbase can get old.
That’s why we need to be researching new currencies and understanding how alternative exchanges work. Without self-educating, we become stuck in the hardwiring of an outdated investing strategy, which is a sure-fire spiral into losing everything you’ve gained during this first crypto surge.
On today’s episode of The Tai Lopez Show, we are joined by cryptocurrency-expert, William Duplessie. William is an Associate at Science Blockchain, and his deep understanding of digital currency spreads across many domains. As he says, it’s all he “eats, sleeps, and breathes.” And in today’s episode, we are fortunate to learn his strategies on making sense of today’s crypto-world.
You can listen to the full interview at the Bitcoin Crypto Mentor Mastermind show and don’t forget you can also listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!
“Bitcoin was designed to suck paper money out of the ecosystem.” - William Duplessie(click to tweet)
Points to Keep In Mind Bitcoin was created by Satoshi Nakamoto Nobody knows who he is Bitcoin was designed to suck paper money out of the ecosystem Steem stopped accepting Bitcoin payment because it costs $20/transaction Bitcoin is designed as a cyber gold bar; to store value Bitcoin Cash solves a lot of problems inherent in Bitcoin Follow Stellar founder Jed McCaleb Eos has a serious chance at being the first scalable blockchain The business of moving money will always be a profitable business How the Rothschilds got all their money Ethereum’s network is much cheaper and faster than Bitcoin because of the Metropolis update -
“Crypto is one of those rare situations where you want to risk more than you’re generally comfortable with.” - Dan Fleyshman
(click to tweet)
Investing without a strategy never works.
Aimlessly throwing money into the cryptocurrency space will not yield the profits you want to see. You’ll be spinning your hamster wheel searching for answers with each turn of the market. Instead, you must enter the investment space with a specific strategy to prevent this from happening all together.
On today’s episode of The Bitcoin Crypto Mentor Mastermind show, we are joined by Dan Fleyshman to discuss the 40/40/20 investment strategy. Since first investing 4.5 years ago, Dan has closely followed the crypto market. He installed the first Bitcoin ATM into a casino, and knows the ins and outs of everything crypto-related. This is an excerpt from the Paid Tai Lopez Bitcoin Mentor Mastermind program. To hear about the Dan’s other recommendations, sign up at tailopez.com.
Don’t forget! You can also listen to The Bitcoin Crypto Mentor Mastermind Show on Spotify! Click “Follow” and let me know what you think!
“The amount you invest should be a portion of your liquid net worth. Not your total net worth.” - Dan Fleyshman(click to tweet)
Points to Keep In Mind The amount you invest should be a portion of your liquid net worth Note this is not your total net worth 90% of startups fail because they run out of money This is not the case with cryptocurrency It’s okay to gamble more than you’re comfortable with with cryptocurrency investments Don’t take out loans to invest in crypto Ethereum has a bigger upside than Bitcoin The Ethereum alliance allows Fortune 500 companies to accept Ether Alt coins are your shot at glory -
“Proof-of-stake is where you stake your coins in the validation in the network.” - Jeremy Gardner
(click to tweet)
Mining isn’t as complicated as people make it out to be.
With each Bitcoin transaction, miners are given the data they need to validate the exchange. After completing the necessary math, they can approve or validate the flow of Bitcoin. There are different models of how this works: proof-of-stake, proof-of-work, and delegated proof-of-stake.
On today’s episode of The Tai Lopez Show, we are joined by Jeremy Gardner, founder of the decentralized prediction blockchain Augur, to talk about the proof-of-stake model. At a market-cap of $300 million, Augur is said to be the most undervalued crypto-project in Silicon Valley. Jeremy is 25 years old and the brains behind the popular San Francisco ‘Crypto Castle.’ $11 billion is the total value of companies he’s involved in, and his depth of crypto-knowledge is something we can all learn from. Today, we are fortunate to apply his insights about mining to our crypto investment strategy.
Don’t forget! You can also listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!
“Bitcoin is the first Byzantine fault tolerant e-money, where it’s totally distributed and everybody has an incentive to behave in an ethical/similar way.” - Jeremy Gardner
(click to tweet)
Points to Keep In Mind Asic is the chip used in mining You can’t make good money in mining Cryptocurrency will evolve past the proof-of-work Proof-of-stake is where you stake your coins in the validation in the network This is essentially putting your money where your mouth is Read The Byzantine Generals’ Problem to understanding the need for mining (how people are incentivized to behave in an ethical/similar way) -
How To Beat Algorithmic Trading: Top 3 Coins with Franky Bernstein
“The reason Ethereum is so great, why the price of Ether is so high, is because the majority of people ICO’ing are building on top of the platform.” - Franky Bernstein(click to tweet)
Algorithmic trading can’t lose.
It mines the billions of pieces of data to make the best investment decisions possible. But there are ways we can outperform it. By doing sentiment analysis, analyzing the emotion behind each cryptocurrency, we can see things that the computer cannot. Leaning into this innately human perception will yield enormous returns.
On today’s episode of The Bitcoin Crypto Mentor Mastermind show, we are joined by Franky Bernstein of Markett. Franky’s expertise spans across many digital technology domains, and his knowledge on cryptocurrency is profoundly insightful. He specializes in understanding how harnessing the power of digital technology like cryptocurrency can lead to better business and more wealth. Today, we hear his thoughts on the best coins to look out for. Take note and apply them to your investment portfolio!
Don’t forget! You can also listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!
“I would put my Bitcoin on someone creating something better than Bitcoin someday.” - Franky Bernstein(click to tweet)
Points to Keep In Mind The best application of Bitcoin are dividends Blockchain is the next technology wave, can be applied to every technology The utility value of Bitcoin is much higher than gold If it’s roughly twice the utility value of gold, then the market cap of crypto is $14 trillion The smartest people can argue the opposing opinion better than their own Ethereum was created because it was very complicated to build decentralized applications on top of Bitcoin The majority of ICOs (initial coin offerings) are being built on top of Ethereum The fundamental problem of Bitcoin is you can only make 7 transactions per second When evaluating cryptos, research the founding team and read the whitepaper -
Why a Navy? Why a strong Navy? Why is a strong Navy an essential requirement for the United States Navy?
From its ability to project national will, to it hidden hand in the economics of every citizen's life, why is it so critical that we have a Navy second to none.
To discuss this and more - especially in light of the election - will be returning guest, Bryan McGrath, Commander, US Navy (Retired).
Bryan McGrath grew up in Mount Laurel, New Jersey, and graduated from the University of Virginia in 1987. He was commissioned upon graduation in the United States Navy, and served as a Surface Warfare Officer until his retirement in 2008. At sea, he served primarily in cruisers and destroyers, rising to command of the Destroyer USS BULKELEY (DDG 84). During his command tour, he won the Surface Navy Association’s Admiral Elmo Zumwalt Award for Inspirational Leadership, and the BULKELEY was awarded the USS ARIZONA Memorial Trophy signifying the fleet’s most combat ready unit. Ashore, Bryan enjoyed four tours in Washington DC, including his final tour in which he acted as Team Leader and primary author of our nation’s 2007 maritime strategy entitled “A Cooperative Strategy for 21st Century Seapower.”
Since retirement, Bryan has become active in presidential politics, serving first as the Navy Policy Team lead for the Romney Campaign in 2012, and then as the Navy and Marine Corps Policy lead for the Rubio Campaign in 2016.
He is the Assistant Director of Hudson Institute’s Center for American Seapower, and he is the Managing Director of The FerryBridge Group LLC, a small defense consulting firm. -
“It’s only a matter of time before all Facebook’s features and functionality get written on the blockchain, so instead of Facebook making billions a year, we as the users make money.” - Amith Nirgunarthy
(click to tweet)
Facebook is worth $350 billion.
And all of its information is ours. We upload our most personal life details, photos and statuses, to the platform, for which Facebook can then turn around and sells the data to ad-buyers. In the future, when a blockchain-based Facebook enters the market, we the users will be compensated for our contribution to the network.
On today’s episode of The Bitcoin Crypto Mentor Mastermind show, we are joined by Amith Nirgunarthy, the Founder and CEO of the cryptocurrency research institution Blockstreet, to discuss this possibility. Amith is also the former Director of Marketing of Bitcoin IRA, and he specializes in understanding all things cryptocurrency. Tune in to learn his insights on how social networks will connect with blockchain technology.
And don’t forget! You can also listen to The Bitcoin Crypto Mentor Mastermind Show on Spotify! Click “Follow” and let me know what you think!
“Bitcoin is a better store of value than gold. Any time, any day, any place.” - Amith Nirgunarthy(click to tweet)
Points to Keep In Mind The biggest threat to cryptocurrency is quantum computing, the ability to break code Dash is an anonymity-based coin, has a very active code and community In India, developers are flocking to Eos for the code efficiency There are less politics in Eos than Ethereum Right now, it is near impossible to hack a private key Trezor over Ledger because it’s easier to set up Go to Bitcoin Talk Forum to see Satoshi Nakamoto's original posts Any coin you invest in, join the Telegram group A blockchain technology (like Steem) would eliminate Facebook’s ability to profit off the people’s information; instead the people would be paid for their info
