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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:
    Top 7 Coins and Exchanges with William Duplessie Feb 27, 2018
    Show notes “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 Without self-educating, we become stuck in the hardwiring of an outdated investing strategy, which is a sure-fire spiral into losing everything you’ve gained during this first crypto surge.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

    The Crypto Asset With $300 Million Market Cap Feb 26, 2018
    Show notes “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

    Best of the Week: Top 10 Coins, Why You Shouldn’t Buy The Hype, and The Crypto With The Fastest (5 Second!) Transaction Speed Feb 25, 2018
    Show notes “The hype is very dangerous. When you start to feel everyone is investing in a certain coin, it’s too late.”

    (click to tweet)

    Cryptocurrency is entering its next chapter.

    With Bitcoin’s price now steadily hovering around $10,000, it’s clear the attention is being distributed amongst other coins. Knowing which of these coins deserves our focus will separate the great investor from the mediocre. How you isolate which variables to examine is something we can learn from the experts.

    On today’s episode of The Bitcoin Crypto Mentor Mastermind show, we are taking a moment to review top highlights from this week’s episodes. From understanding where the crypto landscape is headed with Brock Pierce to hearing why Stellar Lumens is a great long term hold with Dave Levine, the level of insight in this week’s dialogue will help us take our crypto investing game to new heights!

    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!

    “The idea of a social network that would pay its users. That’s what would kill Facebook. Watch out for Steem.” - Tai Lopez

    (click to tweet)

    Points to Keep In Mind
    • Binance is now valued at over $1 billion
    • Don’t forget to ask whether the coin makes sense or not
    • Walmart has now reduced shipment tracking time from 7 days to 2.5 seconds using blockchain
    • Be sure to dollar-cost average when investing
    • Be sure to take your coins offline; Coinbase only protects their hot wallet
    • Stay on your fundamentals because that’s what got you there
    • Remember that the crypto community is a unit
    • Choose platform companies over product companies
    • The job of the tech entrepreneur is to get lied to all the time, but not in a malicious way
    • Siacoin is a peer-to-peer storage model
    • Try to gauge level of disruption when evaluating crowdsourcing business models
      • Or will it just make up a market niche
    • Siacoin is in a heavily competitive space and highly commoditized
    • It took Amazon Web Servers a long time to grow to full market scale and adoption
      • Hard to imagine Siacoin being able to do it in a shorter amount of time
    • Confront the reality versus the expectations
    • Some wallets create different public keys every single time so you don’t expose your private key
    • Use blockchain.info or blockexplorer.com to see Bitcoin transactions
    • Cost per transaction of Stellar = $.00003
      • The reason there is a cost is to prevent spam
    • IBM is using the Hyperledger blockchain platform for contracts
    • The blockchain will bring security to Data Transport Protocol
    • A good teacher doesn’t tell you what to do; he or she transfers knowledge and lets you make the decision
    • Imagine a real estate market that’s fractionalized where you can invest in portions
    • Read the Innovator’s Dilemma to learn how the incumbent gets disrupted by the startup

    5 Second Transaction Speed: Why Stellar Lumens Is The Fastest Crypto and A Great Long Term Hold Feb 24, 2018
    Show notes “For a truly decentralized payment platform, 5 seconds is just about the fastest out there. Buy Stellar.” - Dave Levine

    (click to tweet)

    Don’t overlook transaction speed.

    It’s the initial reason we all became interested in cryptocurrency. We heard it would solve the multi-day delays of PayPal and standard wire-transfer. But now, as the scene has grown with bells-and-whistles technologies, we’ve become distracted and forgotten about this core principle. Which crypto out there is the fastest?

    On today’s episode of The Bitcoin Crypto Mentor Mastermind show we are joined by Dave Levine to discuss why Stellar Lumens is a great long-term hold. With his personal business on autopilot making $14 million/year, Dave has committed his life to researching and understanding cryptocurrency. His insights will help propel us to make the $700,000 he’s made in the past year investing in cryptocurrency.

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

    “Research what IBM and Stellar Lumens are doing. It will be a network that’s integrated and grows around the world for years.” - Dave Levine

    (click to tweet)

    Points to Keep In Mind
    • Follow winners like Jed McCaleb and Warren Buffet
    • For a truly decentralized payment platform, 5 second transaction speed is just about the fastest out there
    • Transactions per day just shot up to 30,000 from consistent average of 10,000
    • Cost per transaction = $.00003
      • The reason there is a cost is to prevent spam
    • IBM is using the Hyperledger blockchain platform for contracts
    • Ripple forked to create Stellar
    • Stellar is a rewrite of Ripple’s consensus algorithm

    The Airbnb and Uber of Crypto: What Crowdsourced Tokens You Must Know Feb 23, 2018
    Show notes “Whether it’s AirBnB or Uber, when you think of crowdsourcing businesses, the key question you have to ask with a crowdsourced models is: how disruptive is it?”

    (click to tweet)

    We are living the age of the crowdsourced business.

    By harnessing the power of the Internet, we have given the power to the people. No longer are central systems controlling the masses, but we are operating individually through our smartphones to get the products and services we need. This trend is in direct alignment with the way cryptocurrency is moving.

    On today’s episode of The Bitcoin Crypto Mentor Mastermind show, we are discussing the crowdsourced model of cryptocurrency. While all crypto technologies enable the network effect, some provide utilities that are more crowdsourced than others. Today, we focus on one in particular, and that is Siacoin. Tune in to bring this knowledge into your crypto investing game!

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

    “You have to take into consideration the amount of time it takes before you reach the full adoption curve.”

    (click to tweet)

    Points to Keep In Mind
    • Siacoin is a peer-to-peer storage model
    • Try to gauge level of disruption when evaluating crowdsourcing business models
      • Or will it just make up a market niche
    • Siacoin is in a heavily competitive space and highly commoditized
    • It took Amazon Web Servers a long time to grow to full market scale and adoption
      • Hard to imagine Siacoin being able to do it in a shorter amount of time
    • Confront the reality versus the expectations
    • Always try to evaluate the large-scale enterprise hardware

    How To Send Crypto Using Your Wallet with Amith Nirgunarthy Feb 22, 2018
    Show notes “Block Explorer lets you see every Bitcoin that exists and where it exists. It lets you see every public address on the network. It lets you see how much money was sent back and forth every 10 minutes. You can see everything.” - Amith Nirgunarthy

    (click to tweet)

    Storing and sending cryptocurrency can get confusing.

    What wallet should you use? Is it safe online or do you need to purchase a cold storage option? When sending Bitcoin to other people, what is the best practice for keeping your crypto as private as possible? These questions are at the heart of most of our crypto conversations, so today we seek out an expert to answer them.

    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. He is also the former Director of Marketing of Bitcoin IRA. Amith specializes in understanding all things crypto-related, so today we listen to his insights regarding wallets and sending cryptocurrency. Tune in to bring his best practices to your crypto game.

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

    “Realistically, every transaction you do should be a different wallet address.” - Amith Nirgunarthy

    (click to tweet)

    Points to Keep In Mind
    • Whoever has access to the private key can use the Bitcoin
      • Send to another wallet, sign transaction, import wallet into Electrum
    • Don’t print private keys over your WiFi network
    • Copy and paste the shorter access key and send through Whatsapp, Telegram, or email
    • Every transaction you do should be a different wallet address
    • Put your coins in physical wallets like Trezor
    • Some wallets create different public keys every single time so you don’t expose your private key
    • Use blockchain.info or blockexplorer.com to see Bitcoin transactions

    Top 10 Coins: Why You Should Invest Now Feb 21, 2018
    Show notes “The idea of a social network that would pay its users. That’s what would kill Facebook. Watch out for Steem.” - Tai Lopez

    (click to tweet)

    Cryptocurrency is an emotional market.

    So when there aren’t major headlines dominating our news feeds, we begin to feel like the space is dying. However, this is far from what’s going on. The crypto market is entering its next phase, where other coins besides Bitcoin and Ethereum rise to prominence.

    On today’s episode of The Bitcoin Crypto Mentor Mastermind Show, we are joined by crypto-expert Jacob to walk through the top coins right now. With Bitcoin’s price hovering around $11,000, it’s easy to focus on that and lose sight of all the other major technologies being developed. Tune in to take your investment portfolio to the next level!

    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!

    “Crypto has ignited a movement where everyone is an expert. I’m worried it’s descending into a massive cult.” - Tai Lopez

    (click to tweet)

    Points to Keep In Mind
    • Bitcoin currently holds 36% of the market cap
    • Ripple is now worth $100 billion
    • Learn to write the smart contract code for Ethereum
    • Read Crossing the Chasm to learn about adoption curves
    • Binance is now valued at over $1 billion
    • Don’t forget to ask whether the coin makes sense or not
    • Walmart has now reduced shipment tracking time from 7 days to 2.5 seconds using blockchain
    • Be sure to dollar-cost average when investing
    • Be sure to take your coins offline; Coinbase only protects their hot wallet
    • Cardono is trying to be a better Ethereum, but doesn’t have a product yet
    • Monero is the most privacy-focused cryptocurrency
    • 600 different parties have access to your PayPal transactions

    Sexy Is Bad: Why You Shouldn’t Buy The Hype Feb 20, 2018
    Show notes “The hype is very dangerous. When you start to feel everyone is investing in a certain coin, it’s too late.”

    (click to tweet)

    It’s hard to ignore hype.

    You log onto your Twitter and there’s the Bitcoin headlines. You go to CNBC and there’s the latest report on Ripple. It seems when a crypto starts to gain media traction, it’s near impossible to ignore it.

    On today’s episode of The Bitcoin Crypto Mentor Mastermind Show, we are joined by a panel of of experts to discuss why we must ignore the hype. The unsexy cryptocurrencies are the ones we must look to invest in because they are actually building utility products. Tune in now to take your crypto investing game to the next level!

    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!

    “Invest in platforms not products. You want things that have the ability to scale.”

    (click to tweet)

    Points to Keep In Mind
    • Stay on your fundamentals because that’s what got you there
    • Remember that the crypto community is a unit
    • Choose platform companies over product companies
    • The job of the tech entrepreneur is to get lied to all the time, but not in a malicious way
    • It is very dangerous to buy into the hype
    • Don’t be afraid to project your roadmap into 2020/2022
    • Investing is supposed to be unsexy and unemotional

    How To Keep Your Crypto Safe with Brock Pierce Feb 19, 2018
    Show notes “3 billion people on this planet have no access to financial services. Another 2+ billion with limited access. Cryptocurrency will democratize the global financial system where every human being will have equal access to money.” - Brock Pierce

    Storing cryptocurrency can be risky if the right precaution isn’t taken.

    Never before has there been such a valuable digital good. Our Internet is not built to safely house cryptos moving through the network. So, we must follow a strict protocol when creating our own infrastructure to house its value.

    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. His understanding of everything cryptocurrency-related is just what we need to make sense of all the contradicting wallet advice.

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

    “Get 2 wallets. And you’ll learn to have greater redundancy if this becomes millions of dollars.” - Brock Pierce

    (click to tweet)

    Points to Keep In Mind
    • 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
    • A good teacher doesn’t tell you what to do; he or she transfers knowledge and lets you make the decision
    • Imagine a real estate market that’s fractionalized where you can invest in portions
    • Read the Innovator’s Dilemma to learn how the incumbent gets disrupted by the startup
    • The banks will also benefit from blockchain technology
    • We are living in accelerating times; you have to either evolve or die
    • 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
    • Leave large amounts of money online

    Best of the Week: The Crypto With $1 Billion Demand and 7 Years of Active Code, What Blockchain 3.0 Means For Your Brand, and 3 Features Of Dragonchain Technology Feb 18, 2018
    Show notes “If you think about a token and add the experience layer, now you can create an entire new economy that’s much richer.” - Reeve Collins

    (click to tweet)

    Learn more than Bitcoin If you believe in the future of cryptocurrency.

    Some of us are unwilling to accept this reality. We have our investments in Ethereum and Bitcoin, and we think that’s enough. However, as the technical knowledge of cryptocurrency grows and more cryptos enter the market, the playing field will be leveled. A diverse investment portfolio is a must during this time.

    On today’s episode of The Bitcoin Crypto Mentor Mastermind show, we are taking a moment to review top highlights from this week’s episodes. From discussing the layers of the Dragonchain technology to learning the SALT Lending platform, this caliber of knowledge-dropping will have you being the educator in your crypto conversation circles.

    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!

    “Dragonchain says, “Come use the blockchain platform. You don’t need to know the technical side of things. We’ll get you passed that.”

    (click to tweet)

    Points to Keep In Mind
    • Some theorize that blockchain will have a material impact on the world
      • But not the world peace-caliber impact thatsome are claiming
    • Possible that blockchain could empower governments to recruit people to move there
    • Hard to imagine a world peace from blockchain technology because
      • People out there with bigger tanks and guns than any blockchain developer
    • Dangers with non-technical people seeking SEO-driven advice
    • Tether was the first fiat currency platform on the Bitcoin blockchain
    • BLOCKv expands on the typical use-cases of blockchain technology
      • An example of this is brand advertising
    • Siacoin is disrupting the Amazon model of web storage
    • Invest in the cryptocurrencies that are going after the big companies/industries
    • DigiByte possess long-term and short-term profits
    • Look for coins with active development teams working on the code
    • DigiByte had 4 years before hitting the exchange
    • Centralized information organizes the world but corrupts by putting too much power in the hands of the decision-makers
    • SALT allows you to borrow leverage against your crypto assets
      • There’s a tax advantage to this method
    • SALT is a store-of-value, similar to an Amazon gift card

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