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Passive Real Estate Investing

Bitcoin, Blockchain And Real Estate. Oh My! | PREI 104

Passive Real Estate Investing

Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

Education, Business, Investing, Entrepreneurship, How To, Business:investing

4.6968 Ratings

🗓️ 11 June 2018

⏱️ 42 minutes

🧾️ Download transcript

Summary

Everybody has heard of Bitcoin, but some people really don't know what cryptocurrency is. Cryptocurrency is essentially a decentralized form of currency, and bitcoin is the market leader. The blockchain technology is the technology behind bitcoin. Blockchain and cryptocurrency expert Mike Freemen says the crypto revolution can bring money into the pockets of people who have never had a bank account and just skip that entire system. It's very liberating and powerful and the reach is virtually unlimited. Mike talks about bitcoin, blockchain and real estate, and says it's just a matter of understanding the uniqueness of what blockchain is and how that's going to apply to investing and real estate and contracts. Mike shares how his knowledge of blockchain technologies coupled with his investing experience allowed him to retire to Chile where he now spends his time advocating for freedom and seeking the next best way to cause more freedom in the world. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to passive real estate investing, the show where busy people like you learn how to build substantial passive income while creating wealth for the long term.

0:10.0

And now here's your host Marco Santorelli's.

0:14.1

Welcome to passive real estate investing.

0:16.2

I'm your host, Marco Santorelli.

0:18.1

You know, investing in cryptocurrency could be a good investment,

0:21.7

or it could not. You know, with currency being so young and the market being

0:25.5

historically volatile there is no real yes or no answer about the wisdom of

0:29.5

investing in cryptos it is with this in mind that we cover some pros and cons and really just some

0:34.8

friendly but not professional advice here today. Cryptocurrency is, despite all its risks, perhaps

0:39.9

the most exciting asset of the 21st century, a decentralized digital currency that works on the very

0:45.8

interesting and likely here to stay blockchain technology.

0:49.5

And if you don't understand what all these gobbledygoop words mean, hang tight here because we're going to define all of these things and what they mean

0:55.0

trying to figure out what the blockchain is or how it works is like the olden days of the internet

1:00.0

you know when college students were asking what what's a modem, or what's this

1:04.1

internet browser thing, and why do I need it to do my homework? You know, trying to explain the future

1:08.8

possibilities of the internet in the early 1990s is like explaining the future possibilities of blockchain today.

1:15.0

In other words, blockchain with all of you know its possibilities and what it will

1:20.4

become it is not a fad. My guest today and I will discuss this here in just a moment

1:25.8

hey it's buck Joffrey from Walt Formula Podcast I know you love real estate investing I do too it's the best place to invest your hard-earned money. But what if you could invest the same money in two different places at the same time?

1:37.0

That would be even better, right? After all, who wouldn't want to double dip their investment dollars?

1:41.4

Well, that's exactly what

1:42.7

wealth formula banking allows you to do. It's a strategy used by the

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