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So Money with Farnoosh Torabi

1212: Crypto Week: Ask Farnoosh: Should I Buy Bitcoin?

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.71.9K Ratings

🗓️ 11 June 2021

⏱️ 37 minutes

🧾️ Download transcript

Summary

We are capping Crypto Week with guest Hilary Hendershott, CFP and Founder of Hendershott Wealth Management, in a discussion about whether or not it is wise to invest in the crypto space. Will we regret ignoring the craze in, say, 30. years? How to buy a cryptocurrency? How to invest in blockchain technology? What do you do if you want to sell your stake? Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

So money episode 1212 asked Farnoosh Crypto Edition with special guest Hillary Hendershot,

0:06.4

CFP and founder of Hendershot Wealth Management.

0:11.4

You're listening to So Money with award-winning money guru Farnoosh Karabi.

0:16.0

Each day in a 30-minute dose of financial inspiration from the world's top business minds,

0:21.2

authors, influencers, and from Farnoosh herself.

0:25.5

Looking for ways to save on gas or double your double coupons?

0:29.1

Sorry, you're in the wrong place. Seeking profound ways to live a richer happy your life.

0:34.6

Welcome to So Money.

0:37.8

Welcome to So Money, everybody. Friday, June 11th, you're listening to So Money,

0:42.0

Ask Farnoosh Crypto Edition. Hopefully by now you have spent some time listening to our first

0:47.0

three episodes of this week covering the very basics of Bitcoin and blockchain, non-fungible tokens

0:53.5

or NFTs. We had some incredible guests joining us who come to this market from all angles,

0:59.7

journalists, analysts, Washington DC insiders. Fascinating stuff. I learned a ton this week,

1:06.4

including how the world might change when cryptocurrency becomes more ubiquitous when companies and

1:12.9

organizations start to really leverage the technology of blockchain and what that can mean

1:17.1

for our futures in terms of social impact, environment, closing wealth gaps. I'm really proud of

1:22.8

this week. I know that it's different coverage. It's not the sort of discussion that's happening

1:27.8

mainstream. A lot of the mainstream news has been covering the hype, the hoopla, the volatility in

1:33.0

the market, the newest latest cryptocurrency. Today, we're going to talk about investing in this

1:40.2

space. Now, fair warning, I've already recorded this episode. I know what's about to come,

1:45.5

and our guest Hillary Henderson shot is a bit of a contrarian, maybe a lot contrarian. She's not

1:51.1

going to tell us how to get in on Bitcoin or Ethereum or what have you. Instead, she's going to

...

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