Join Loree Bischoff, personal performance coach and author of Common Sense Happiness, as she shares inspiring stories from master coaches, experts and others who’ve risen to the top of their game and use their insight and skills to help others rise too. Find out how shifting and “going rogue” helped them discover their purpose, passion, and become great at what they do. Their stories and the lessons they share will energize and guide you to do the same in your own life.
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Join Loree Bischoff, personal performance coach and author of Common Sense Happiness, as she shares inspiring stories from master coaches, experts and others who’ve risen to the top of their game and use their insight and skills to help others rise too. Find out how shifting and “going rogue” helped them discover their purpose, passion, and become great at what they do. Their stories and the lessons they share will energize and guide you to do the same in your own life.
EP 166 | The Power of Bitcoin: How Decentralized Currency Can Empower Individuals | We're Talking Shift | Loree Bischoff
We're Talking Shift
47 minutes
1 year ago
EP 166 | The Power of Bitcoin: How Decentralized Currency Can Empower Individuals | We're Talking Shift | Loree Bischoff
What if I told you the money that you worked hard to earn and save is at risk?
Right now, we’re facing financial struggle after struggle as the cost of living continues to rise. The money that we earn is often hardly enough to keep us afloat. Increasing prices, public corruption, and inflation push us to reevaluate our financial health and security.
In this latest episode of We’re Talking Shift, Natalie Brunell, podcast host and educator on financial literacy and Bitcoin, joins us for an exciting conversation about finances and Bitcoin. We talk about how so many of us don’t truly understand money and why we should start learning. Natalie shares her insight on the risks and weaknesses of our current financial system and how Bitcoin can be the solution to many of these issues.
Tune in to the full episode and turn your focus on your financial health. It’s time to start learning about money and understanding the potential of Bitcoin as our key to financial sovereignty!
What Do You Know About Money?
Before becoming a Bitcoin-savvy educator, Natalie Brunell was an award-winning journalist and investigative reporter. For years, she reported on the symptoms of the financial problems people are facing all over the country and, like many others, blamed it on the big corporations and wealthy individuals. But then, Natalie had a big realization. “I did not know what money is,” she stated. “It’s devastating, actually, to the economic health of a country for people to not understand how the financial system actually works,” says Natalie as she talks about the lack of financial literacy throughout the nation. Future generations face worse financial conditions despite being more educated and having better technology. Bitcoin = Freedom: How You Can Have Financial Sovereignty
Where do you think the money you’ve deposited in the bank is? The truth is, it doesn’t actually physically exist. If everyone were to go to the bank and ask for their money, the bank wouldn’t be able to hand all of them over because it doesn’t exist and it isn’t actually your money. That is the truth we need to understand.
Now the question is, how can we own something that no one can take from us? Now, in this digital age, Bitcoin serves as a digital currency that you can carry with you at all times. Through learning how to self-custody, there is no intermediary between you and your money. In the face of bank runs and the collapsing value of money, you have financial security and control. As Natalie states, “Essentially if you do take self-custody, you are self-sovereign. That money is no one’s liability, it is no one’s property, except for yours.”
Common Misconceptions About Bitcoin Misconception 1: You have to own an entire Bitcoin The truth is, you can buy just a fraction of a Bitcoin. “I think it’s just important to just slowly accumulate and have that pattern and habit of saving money,” Natalie advises. She spends at least $5 to buy Bitcoin every day. Over the years, Bitcoin appreciates and small amounts average out to her dollar cost average.
Misconception 2: The energy component is a problem of Bitcoin Energy is undeniably crucial for Bitcoin. Yet, there's abundant wasted energy globally, which Bitcoin miners can leverage to secure the network. This energy aspect of Bitcoin holds significant potential, fostering technological advancements in energy infrastructure, societal development, and creating opportunities. Moreover, a considerable portion of Bitcoin mining operates sustainably, with minimal emissions.
Misconception 3: Bitcoin is used for nefarious activities The truth is, anything can be used for nefarious purposes! Even the dollar is more often used in illicit financial activities than any other...
We're Talking Shift
Join Loree Bischoff, personal performance coach and author of Common Sense Happiness, as she shares inspiring stories from master coaches, experts and others who’ve risen to the top of their game and use their insight and skills to help others rise too. Find out how shifting and “going rogue” helped them discover their purpose, passion, and become great at what they do. Their stories and the lessons they share will energize and guide you to do the same in your own life.
