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Earn Your Leisure

Cliff Notes: The Next Cryptocurrencies That Could Skyrocket

Earn Your Leisure

iHeartPodcasts

Entrepreneurship, Education, News, Business News, Careers, Investing, Business

4.97.9K Ratings

🗓️ 9 May 2021

⏱️ 12 minutes

🧾️ Download transcript

Summary

In this cliff notes billionaire Mike Novogratz talks about the next crypto currencies that could take off. 


Link to Full Episode: https://youtu.be/y613xRr_S4c


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Transcript

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0:00.0

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0:19.7

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So go to EYL University dot com right now and take advantage of our limited offer,

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0:41.3

earners. What's going on? You are now locked in the cliff notes. The number one place for

0:45.1

investment strategies, tips and advice. The other cryptos which are fascinating to me right now are

0:51.2

these. So originally we had the Bitcoin ecosystem and the Ethereum ecosystem and everything's being

0:57.7

built on mostly Ethereum. And all of a sudden the guy from Binance, CZ said I'm going to create

1:04.6

my own Ethereum right. Binance, Marching. And the guy from Korea named Doh Kwon, I'm going to create

1:12.0

the Terran Network. And now Sam Bankman Freed from FTX, I'm creating Solana. And they're building

1:20.5

many Ethereum's competitors that are not nearly as decentralized as Ethereum, but they're faster.

1:29.8

And you know, you look at the TV, you look at the TV, you don't know what's behind the TV.

1:35.2

Right, who in the hair care cares what's behind the TV, how it works. We just turn it on, we like

1:39.6

the TV. And so there is a debate. Will consumers care how decentralized the blockchains are? Right

1:48.0

now they're just saying hey, is the consumer interface is the user experience sexy and good.

1:55.3

And so you're seeing these new ecosystems explode north. That's money coming from Bitcoin and

2:01.0

Ethereum into the Solana ecosystem. You know, the Sam Bankman Freed's company.

2:06.3

Tara, I bought this coin Luna five months ago at like 27 cents and it's now $18.

...

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