For Your Normie Friends: Answers to the Most Basic Crypto Questions - Ep.151

Unchained

Laura Shin

News, Business News, Tech News

4.6 • 1.3K Ratings

🗓️ 24 December 2019

⏱️ 49 minutes

🔗️ Recording | iTunes | RSS

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Summary

This fall, I had an idea to do a crypto show for my normie friends, and figured I’d release it over the holidays, when maybe my regular listeners would be with the very people in their lives who could benefit from such an episode. I solicited questions from my own real-life friends, edited down the repeats and tried my best to make the explanations as simple as possible. I cover basic explanations of Bitcoin, blockchain and Ethereum, plus we go into questions around mining and electricity usage, and why anyone would use cryptocurrency. I hope this clears things up for some of your friends and family — and gets some of them to go down the crypto rabbit hole. Thank you to our sponsors! Givewell: http://givewell.org/unchained CipherTrace: http://ciphertrace.com/unchained Kraken: http://kraken.com Crypto.com: http://crypto.com Episode links: Previous beginner episodes: Crypto 101: https://unchainedpodcast.com/crypto-101-everything-you-need-to-know-about-bitcoin-ethereum-blockchains-icos-and-more/ How to Explain Cryptocurrencies and Blockchain to the Average Person: https://unchainedpodcast.com/how-to-explain-cryptocurrencies-and-blockchains-to-the-average-person/ Interviews with Vitalik Buterin: 2017: https://unchainedpodcast.com/vitalik-buterin-creator-of-ethereum-on-the-big-guy-vs-the-little-guy/ 2019: https://unchainedpodcast.com/vitalik-buterin-on-whether-or-not-ethereum-is-blowing-it/ Episode with Wences Casares: https://unchainedpodcast.com/xapos-wences-casares-on-how-bitcoin-makes-a-fairer-world/ Lolli: https://unchainedpodcast.com/how-to-get-7-of-your-purchases-back-in-bitcoin/ Cryptocurrency to evade surveillance: https://unchainedpodcast.com/alex-gladstein-of-the-human-rights-foundation-on-the-3-reasons-bitcoin-matters/ KHmap.live interview: https://unchainedpodcast.com/an-interview-with-the-anonymous-developer-of-hkmap-live/ North Korea's interest in cryptocurrency: https://unchainedpodcast.com/why-north-korea-is-interested-in-cryptocurrency/ Bitwise: https://unchainedpodcast.com/bitwises-latest-plans-to-get-a-bitcoin-etf-approved/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hi all happy holidays I hope this year was a wonderful one for you full of growth
0:05.5	adventure learning fun magic and magic internet money for the end of year actually
0:11.8	end of decade festivities we at Unchained will be doing a giveaway.
0:15.7	Wahoo! of all kinds of nice items that we accumulated this year.
0:19.7	If you want to win one of these nine lovely items, here's what you have to do.
0:24.0	One, tweet about Unchained with a link to your favorite episode or the show itself.
0:29.0	Two, give us a favorable review on a podcast platform such as Apple Podcasts.
0:34.0	Three, send us links to your tweet and your review.
0:37.5	Plus, name your top three swag items in order of preference,
0:41.5	as well as how you'd like to be called when we announce the winners on the show.
0:45.0	Also include your mailing address, but don't worry, we will not be naming that on the show.
0:50.0	Email all this to hello at unchained podcast.
0:53.6	com with the subject line giveaway by midnight on Sunday January 5th, 2020.
1:00.3	These are the items we're sending to nine lucky winners.
1:02.8	I will put the link, the text of this in the show notes as well so you can name your top choice items easily.
1:08.8	A ballet crypto wallet.
1:11.6	A ballet crypto wallet sample. The main difference between these two is that the
1:17.2	sample has less fancy packaging. A copy of the little Bitcoin book that I bought
1:22.3	before I got a signed copy from none other than Jimmy
1:25.5	Song. A copy of Bitcoin billionaires, which I got from the publisher to do the Ben Mezrich interview
1:31.4	on Unconfirmed
1:32.8	before Tyler and Cameron Winkle Voss sent me a signed copy.
	...

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