Crypto Investing 101: Blockchains, Mining, and What To Look For In A Trade

The Tai Lopez Show

Tai Lopez

Business

4.8 • 6.9K Ratings

🗓️ 26 December 2017

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

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Summary

Making money from cryptocurrency is daunting.
Sure, you can create an account on Coinbase, do the the traditional Bitcoin buy, and watch the money trickle into your account. But to maximize the opportunity that exists right now with crypto requires extensive education.Learn more about your ad choices. Visit megaphone.fm/adchoices

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Transcript

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0:00.0	So, a couple of months ago, a million dollars a day was getting spent,
0:03.0	money, Bitcoin, and everything.
0:04.3	That's horrifyingly inefficient.
0:06.3	It doesn't cost a million dollars a day to run gold mines.
0:09.7	If you think about it, these solutions are coming out
0:12.5	that don't involve as much mining.
0:14.5	I think they're really interesting.
0:22.4	EOS, I think, will probably be the first scalable blockchain.
0:25.3	Yeah.
0:26.2	Because Bitcoin and EOS are a little bit harder times.
0:28.5	I'm very bullish, EOS.
0:29.5	I think it's a great project.
0:30.5	Obviously, I'm close with Brock, and I just think it's great.
0:34.4	There's nothing to do with my relationship with Brock,
0:35.9	why I think it's great, though.
0:37.3	It's done over what?
0:38.1	There's no 100 million or something.
0:39.3	There's no mining.
0:40.3	There's no mining.
0:41.3	Okay.
0:41.8	Mining is ridiculous.
0:42.8	So, tell me about it.
	...

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