Bitcoin for Beginners

Afford Anything | Make Smart Money Choices

Paula Pant | Cumulus Podcast Network

Entrepreneurship, Investing, Business

4.7 • 3.6K Ratings

🗓️ 2 July 2021

⏱️ 56 minutes

🔗️ Recording | iTunes | RSS

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Summary

#325: Okay, so everyone and their dog is talking about Bitcoin — but what exactly is it? And what’s Ethereum? If you’re feeling lost in the topic and confused by the jargon, start with this episode in which we cover the basics about blockchain technology and cryptocurrency. For more information, visit the show notes at https://affordanything.com/episode325 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	You can afford anything but not everything.
0:10.9	Every choice that you make is a trade-off against something else and that doesn't just
0:14.2	apply to your money.
0:15.7	That applies to your time, your focus, your energy, your attention.
0:20.0	Anything in your life that's a scarce or limited resource, saying yes to something implicitly
0:24.4	means.
0:25.4	Saying no to all other opportunities and that opens up two questions.
0:30.8	First, what matters most and second, how do you make decisions that reflect that which matters
0:36.6	most?
0:37.6	Now answering these two questions is a lifetime practice and that is what this podcast
0:42.9	is here to explore and facilitate.
0:46.2	My name is Paula Pat.
0:47.2	I am the host of the Afford Anything Podcast.
0:50.0	Normally we are a weekly podcast but once a month on the first Friday of the month we do
0:54.7	a first Friday bonus episode.
0:56.6	So welcome to the July 2021 first Friday bonus episode.
1:01.2	Today we are going to deep dive into blockchain, Bitcoin and cryptocurrencies for beginners.
1:11.5	So if you are wondering what the heck is going on.
1:16.4	If you don't know anything about blockchain or cryptocurrencies and every time you try
1:21.6	to read about it it makes even less sense.
1:25.6	This episode is for you.
1:28.2	Let's start by talking about the fundamental problem that blockchain is trying to solve.
	...

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