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    Business

    Wen Lambo Crypto Podcast

    Tai Lopez & Alex Mehr explore the world of cryptocurrencies including DeFi, Bitcoin, Ethereum, and many, many more. When it comes to investing in crypto, education is what separates the winners from the losers, and these two business moguls are bringing on the best of the best to educate you on how to understand this fast-paced and ever-changing space.

    Subscribe to the Wen Lambo Crypto Podcast show to learn about how to make money with DeFi and crypto today.

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    Latest Episodes:
    Crypto’s 25 Year Old and $300 Million Dollar Guru Jeremy Gardner Dec 18, 2017
    Show notes “If you accept the view that this technology will change our perception of how value is exchanged, then it doesn’t matter whether it goes down or up in the short-term.” - Jeremy Gardner

    (click to tweet)

    If you feel like the dumbest person in the room, that means you’re getting smarter.

    And with crypto-education, this happens quite often. You’ll be at a meetup or lecture and find yourself in a conversation with some who understands the technicalities of cryptocurrency far greater than you think you ever will.

    In these moments, our instinct is to feel bad about ourselves. But it’s important to remember that this is a good thing. Cryptocurrency is just getting started, and whether it’s listening to podcasts, reading articles, or attending lectures, the golden rule is to continue to feed your ears and eyes crypto-education they haven’t heard or seen before. And over time, you will become an expert.

    In educating yourself this way, there is one additional step: to separate the real knowledge-sources from the BS-ers. With crypto, many of the news and media outlets are speaking from a place of ignorance; experts on the outdated financial institutions are not experts on cryptocurrency. Fortunately, I only bring in the ones closest to the action, the real crypto-experts.

    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 well-known San Francisco crypto-residence ‘Crypto Castle.’ His depth of crypto-knowledge is never-ending and thus, something we can all learn from.

    Don’t forget! You can also listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!

    “Bitcoin and all crypto-assets can be in a bubble and undervalued at the same time.” - Jeremy Gardner

    (click to tweet)

    Points to Keep In Mind
    • The Internet revolutionized the exchange of information; cryptocurrency is revolutionizing the exchange of value
    • Rebalancing your portfolio requires checking your profits against the thesis of your investment
    • U.S. government has Blockchain Caucus; no true adversaries compared to other nations’ governments
    • Exchanges get hacked so don’t leave your money on them if you can secure it personally
    • On mining, proof of stake is less computationally intensive vs. proof of work
    • A lot of applications need censorship-resistance but anything governmental, supply chain, or digital identity-related don’t need CR
    • Bitcoin network can handle 7 transactions/sec; Visa up to 6,000
    • Businesses are either parasitic (exploiting others) or symbiotic (helping others) or anywhere in between
    • Algorithmic trading is the only way to trade; you will get burnt on sentiment analysis and social media alone, you need machine-learning
    • Be skeptical of any $1 billion + crypto company valuation without real world application
    • Net neutrality will just cause a Web 3.0
    • No better place to learn than Twitter; brilliant people having conversations in real time
    Resources
    • Ripple is a blockchain designed to transfer large sums of money between financial institutions with more liquidity
    • Litecoin is technically identical to Bitcoin
    • Stellar is an open-source protocol for value exchange
    • Iota is a very scalable blockchain for Internet Of Things (IOT) and supply chain
    • Neo is the Chinese Ethereum
    • Quantum over Neo because of real-world application
    • Steem is a crypto Reddit, runs on the Eos network which can handle mass transactions
    • Eos is more decentralized but less censorship-resistant
      • Can take tens of thousands of CC transactions per year
    • To buy/sell - use Coinbase because they are most insured exchange
    • For security Use Google Authenticator and attach non-public phone number as recovery phone number (a Google Voice number)

    How Crystal Raised $6 Million for Her Bitcoin/Cryptocurrency Company Dec 17, 2017
    Show notes “Often times, leveraging other people’s money is a better and faster route to profitability than bootstrapping” - Tai Lopez

    (click to tweet)

    Bitcoin is all over the news these days, but do you understand it? If you want a primer on what bitcoin and cryptocurrency is all about, this episode is for you.

    Crystal raised $6 million for her crypto startup, so she is the expert. If you want to understand the future of currency, especially in the digital space, this episode will teach you exactly what you need to know.

    Catch the trend, and understand where the future is headed, on this episode of the Tai Lopez Show!

    Don’t forget, you can listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!

    “When you raise money, you need to be careful not to get apathetic about still hitting revenue goals” - Tai Lopez

    (click to tweet)

    Points to Keep In Mind
    • Collaborative intelligence is coming
    • Often times, leveraging other people’s money is a better and faster route to profitability than bootstrapping
    • Raise money when you need it, and have a plan for what exactly you are going to spend it on
    • When you raise money, you need to be careful not to get apathetic about still hitting revenue goals
    • Low funds force you to be disciplined, so be careful not to get undisciplined if you raise money
    • At the end of the day, in business, you need to know how to connect with people
    • Most people think they are logical, but very few are
    • Digital currency is looking more and more like it will be the way of the future

    TaiLopez.com/Sense Use the promo code “Tai” for a discount!


    Bitcoin to $1 Million? Why That’s Possible: William Duplessie Dec 14, 2017
    Show notes “It doesn’t look like a financial chart. There’s no dips or troughs. It’s a hockey stick. It looks more like the adoption curve of the Internet.” - William Duplessie

    (click to tweet)

    Chances are the people around you are talking about Bitcoin.

    If they've invested, they might be joking that pretty soon they'll stop needing to come into the office. If they haven't invested, they're trying to figure out when is the right time. Wherever you lie on this spectrum, whether you’ve purchased cryptocurrency or have yet to pull the trigger, today's interview is for you.

    On today’s episode of The Tai Lopez Show, we are joined by cryptocurrency-expert, William Duplessie. William is an Associate at Science Blockchain, he has worked alongside Brock Pierce, and his deep understanding of digital currency spreads across many domains. As he says, it’s all he “eats, sleeps, and breathes.” And in this interview, we are fortunate to learn everything from his trading strategies to his predictions for the future to his recommendations for the best smaller-market coins.

    Don’t forget, you can listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!

    “Just like any other new market, the more legitimate players will enter, the markets will stabilize, and price arbitrage opportunities will cease to exist.” - William Duplessie

    (click to tweet)

    Points to Keep In Mind
    • Cryptocurrency isn’t equity or stock, it’s more like gold in that its limited in its circulation
    • Start largest market cap coins and move down to the smaller markets
      • Bitcoin > Ethereum > Litecoin > Bitcoin Cash
    • ICOs are an alternative to VC for cryptocurrency
    • When storing your physical wallets, bolt your safe to the ground
    • When evaluating cryptocurrencies, think duration of investment
    • Mining technology is transforming the cost to run cryptocurrency (a million dollars a day used to be spent a day on computing power)
    • There are no fundamentals in cryptocurrency trading
    • Beware of cryptocurrency ponzi schemes
    • You can buy and hold all day, but trading requires extensive education
    • Don’t put money into anything you can’t afford to lose
    • Be careful of any cryptos under 100 Bitcoin of volume
    • This is unlike any other market because the people closest to the news aren’t mainstream outlets (use Telegram app for leaks)
    • When trading, try to keep a cool head and store profits

    Brock Pierce: Why Bitcoin & Cryptocurrency Will Take Over & Change Your Life Forever Dec 09, 2017
    Show notes Sign up for my new Bitcoin Cryptocurrency Mastermind Here “Cryptocurrency will democratize the global financial system in a way where every human being will have equal access to money.” - Brock Pierce

    On today’s episode of The Tai Lopez Show, we have cryptocurrency-expert, Brock Pierce. Brock is the Chairman of the Bitcoin Foundation, Cofounder of Blockchain Capital, and has been in the digital currency game for the past 20 years. From articulating what cryptocurrency is to why getting involved now could lead to a huge cash payout for you one day, Brock’s understanding of everything cryptocurrency-related is just what we need to make sense of these Bitcoin headlines dominating our news feeds.

    Those who don’t believe in the power of cryptocurrency don’t fully understand what it is.

    And that’s not their fault. Cryptocurrency is a challenging concept for any person to wrap his/her head around. To understand it requires undoing the hardwiring in our brains. We’ve all lived our lives with one definition of money: the paper the government prints that we earn to then use to buy the things we need.

    But now, we’re hearing about this new type of money where the government or paper isn’t involved. Instead, it’s computer code and a peer-to-peer review system, so unlike it’s paper-cousin it is impossible to be corrupted and all human beings will have equal access to it. But still, what does that really mean?

    Don’t forget, you can listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!

    “My superpower is distilling complex ideas into words that are easy for people to understand. I make my objective to be able to teach a child.” - Brock Pierce

    (click to tweet)

    Points to Keep In Mind
    • Bitcoin works on a blockchain technology - which is a decentralized and distributed digital ledger, used to record transactions across many computers. This makes it so that the record cannot be altered retroactively.
    • If cryptocurrency reinvents money, then ‘money is power’ will shift to ‘technology is power’ or ‘consciousness is power.’
    • Cryptocurrency is a bubble but so is everything else
    • Currently in an emotional market, sentiment is the driving force of prices
    • The blockchain will bring security to Data Transport Protocol
    • Read the Innovator’s Dilemma to learn how the incumbent gets disrupted by the startup
    • If buying your first coins, use exchanges (these are your on/off-ramps into this world)
      • Good exchanges are: Coinbase, Gemini, Kraken, or
    • Once you have procured coin, move it to both a virtual wallet and a physical (hardware) wallet
    • For virtual, think about desktop/mobile needs for security purposes
      • For bitcoin - Bitcoin Red, Airbitz Jaxx
      • Other options: MyEtherWallet and Exodus,
      • Bitgo for large amounts of money
    • For physical wallets, have a backup placed in another location
      • Options: Trezor and Ledger
    • Download Google 2-factor authentication (NEVER use SMS authentication)
    • If looking to get into cryptocurrency, first go with the bigger, more well-known coins before investing in smaller, less well-known options
    Sign up for my new Bitcoin Cryptocurrency Mastermind Here

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