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Too Busy For Crypto
Steven M
27 episodes
3 months ago
Howdy! Too Busy For Crypto is a podcast for those that know or suspect that there is a fundamental flaw in our economic system. The flaw is monetary inflation of fiat currency that is under centralized control. Every year you see your food, fuel, and healthcare prices get worse. At the same time, you see GDP and the Stock Market always going up, whether or not it makes sense. When banks create money, they are stealing value from your money to give value to their new money, and all of it becomes worth less. Governments spend triple their tax revenues. Guess where that money comes from. Cryptocurrency allows us to compare good money versus bad money. Cryptocurrency is software that allows for peer-to-peer transactions without a middleman. REAL crypto is immutable, decentralized, has no middleman, and no admin keys. FAKE crypto is mutable, centralized, has middlemen, has admin keys, and is easy to spot because it often takes the form of a company. Bitcoin was the first cryptocurrency. It allows for send and receive. Ethereum introduced programmable money in the form of smart contracts. HEX is an Ethereum smart contract that behaves like Bitcoin and it allows for yield generation of more HEX with no counterparty risk. You set the yield parameters, and you mint your own rewards at the end. Everything has tradeoffs, crypto is the best performing asset class in history, and it is also extremely volatile, and we expect drops as much as 95% every so often. I do not provide financial advice or tax advice or legal advice. Assess your situation and the risks to yourself. You determine your own level of involvement. I do not and I will not promote financial things based on compensation. HEX is not a company. The founder made the website HEX.COM. I like crypto, and maybe you will too. Thank you for listening!
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Technology
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All content for Too Busy For Crypto is the property of Steven M and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Howdy! Too Busy For Crypto is a podcast for those that know or suspect that there is a fundamental flaw in our economic system. The flaw is monetary inflation of fiat currency that is under centralized control. Every year you see your food, fuel, and healthcare prices get worse. At the same time, you see GDP and the Stock Market always going up, whether or not it makes sense. When banks create money, they are stealing value from your money to give value to their new money, and all of it becomes worth less. Governments spend triple their tax revenues. Guess where that money comes from. Cryptocurrency allows us to compare good money versus bad money. Cryptocurrency is software that allows for peer-to-peer transactions without a middleman. REAL crypto is immutable, decentralized, has no middleman, and no admin keys. FAKE crypto is mutable, centralized, has middlemen, has admin keys, and is easy to spot because it often takes the form of a company. Bitcoin was the first cryptocurrency. It allows for send and receive. Ethereum introduced programmable money in the form of smart contracts. HEX is an Ethereum smart contract that behaves like Bitcoin and it allows for yield generation of more HEX with no counterparty risk. You set the yield parameters, and you mint your own rewards at the end. Everything has tradeoffs, crypto is the best performing asset class in history, and it is also extremely volatile, and we expect drops as much as 95% every so often. I do not provide financial advice or tax advice or legal advice. Assess your situation and the risks to yourself. You determine your own level of involvement. I do not and I will not promote financial things based on compensation. HEX is not a company. The founder made the website HEX.COM. I like crypto, and maybe you will too. Thank you for listening!
Show more...
Technology
Education
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What Are Stocks?
Too Busy For Crypto
36 minutes 52 seconds
2 years ago
What Are Stocks?
Comparing traditional financial things like stocks to new financial things like cryptocurrency is part of the journey to seeing value in real cryptocurrency. Most people do not understand stocks, except for maybe a few bullet points. A person who chooses to invest in one thing over another should understand both things. Understanding the value and limitations of a common asset class makes it much easier to reason about the value and limitations of uncommon alternatives. Everything is about tradeoffs. This episode discusses some common knowledge about stocks, some uncommon knowledge about stocks, and the known benefits of investing in stocks. This is for general financial literacy. This podcast promotes financial literacy and cryptocurrency literacy because I believe this knowledge can make the difference in ensuring our financial and personal freedom. We must acquire and articulate ideas that promote financial and personal freedom if we are to escape our rat race by gaining financial and personal security. This podcast is not financial advice or trading advice. Enjoy!
Too Busy For Crypto
Howdy! Too Busy For Crypto is a podcast for those that know or suspect that there is a fundamental flaw in our economic system. The flaw is monetary inflation of fiat currency that is under centralized control. Every year you see your food, fuel, and healthcare prices get worse. At the same time, you see GDP and the Stock Market always going up, whether or not it makes sense. When banks create money, they are stealing value from your money to give value to their new money, and all of it becomes worth less. Governments spend triple their tax revenues. Guess where that money comes from. Cryptocurrency allows us to compare good money versus bad money. Cryptocurrency is software that allows for peer-to-peer transactions without a middleman. REAL crypto is immutable, decentralized, has no middleman, and no admin keys. FAKE crypto is mutable, centralized, has middlemen, has admin keys, and is easy to spot because it often takes the form of a company. Bitcoin was the first cryptocurrency. It allows for send and receive. Ethereum introduced programmable money in the form of smart contracts. HEX is an Ethereum smart contract that behaves like Bitcoin and it allows for yield generation of more HEX with no counterparty risk. You set the yield parameters, and you mint your own rewards at the end. Everything has tradeoffs, crypto is the best performing asset class in history, and it is also extremely volatile, and we expect drops as much as 95% every so often. I do not provide financial advice or tax advice or legal advice. Assess your situation and the risks to yourself. You determine your own level of involvement. I do not and I will not promote financial things based on compensation. HEX is not a company. The founder made the website HEX.COM. I like crypto, and maybe you will too. Thank you for listening!