Insane Crypto News - with Ken Mack

On a Mission Podcast

Ellie McKay

4.4 • 1K Ratings

🗓️ 14 February 2022

⏱️ 64 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The Mack is back but this time it’s to talk about his other great passion, cryptocurrency!

Some of you may remember from the first episode that Ken has raised himself up from humble beginnings to become a global leader in mergers and acquisition but on this episode, we are here to exclusively talk about the volatile yet highly lucrative world of crypto.

We cover everything from how to invest effectively, to how crypto can be leveraged in order to allow you to attain the lifestyle you've always dreamed about so make sure you don’t miss it!

KEY TAKEAWAYS

If invested in effectively, cryptocurrency is more than capable of providing investors with the kind of passive income that can completely change your life, allowing for you to live and work remotely.
In 2024 it will become twice as difficult for Bitcoin miners to mine one Bitcoin due to the complex mathematical problems required as they become more scarce. This means that profits will be cut in two, leading to a kind of deflation.
Traditional banking systems are built in order to obscure the truth about what really goes on with our money. Cryptocurrency and blockchain are the future, and allow for a far more transparent form of investing.
Many view Bitcoin as a kind of fictitious currency, or used in criminal endeavour. But cryptocurrency is completely transparent - the blockchain means that its use as criminal currency is all but prohibitive - plus forward thinking economies such as Dubai, now allow purchases such as property sales in Bitcoin, which is only legitimising it.

BEST MOMENTS

'As time has gone on, looking more into Bitcoin, I believe that it's mathematically programmed to be worth more and more and more'

'With banks you don't have freedom and you don't have transparency'

'It's basically like a crystal ball that allows you to look into Bitcoin and see all of the different movements'

'When you work with a bank, you have to trust in the bank. When you're working with Bitcoin, it's trustless'

VALUABLE RESOURCES

On A Mission - https://omny.fm/shows/on-a-mission

Mack Club - www.mackclub.com

Ken Mack - https://www.kenmack.com/

Ken Mack Instagram - https://instagram.com/kenmackshow?utm_medium=copy_link

Ken Mack LinkedIn - https://www.linkedin.com/in/kenmackofficial/?originalSubdomain=uk

Ken Mack Facebook - https://www.facebook.com/iamkenmack

ABOUT THE HOST

The On A Mission Podcast brings you Ellie Mckay's no holds barred chats with some of the UK's top business leaders, entrepreneurs, celebrities, athletes, top thought leaders, influencers and mindset experts.

On a Mission is for unconventional thinkers that want to challenge the status quo. For all those people on a mission to live their best lives and take control of their own destiny.

Ellie is a straight-talking, successful property entrepreneur who passionately believes that everyone has the power within themselves to transform their lives no matter what their situation.

As a mumpreneur with 3 young children and multiple businesses, Ellie likes to keep it real with her no-bs insights and share the things that have helped her achieve the level of success she has enjoyed to date.

CONTACT METHODS:

Linkedin: Linkedin.com/in/ellie-mckay/

Facebook: Facebook.com/ellie.mckay.3150

Instagram: https://www.instagram.com/onamissonpodcast/

YouTube: https://www.youtube.com/c/EllieMckay

Clubhouse: @ellie83

This show was brought to you by Progressive Media

Transcript

Click on a timestamp to play from that location

0:00.0	Guess who's back? The Mac is back. Really excited to have you back, Ken. For anyone who's not
0:06.2	watched the previous interview, we have had a brilliant, really well received one of our most
0:11.8	popular episodes with Ken a few months ago. So I encourage everyone to just go back and listen
0:16.8	to this first and foremost. Ken's a serial entrepreneur. He's got his fingers and lots of pies,
0:21.8	and one of the things that we kind of touched on in the last episode was his involvement with
0:26.8	by businesses, mergers and acquisitions. But I brought him specifically back this time to talk
0:32.6	about one of his other passions, and that's cryptocurrency. So great to have you back on the show, Ken.
0:39.0	Yeah, thanks for having me back. I'm very excited, and of course, to share any knowledge and wisdom
0:43.9	with your listeners that can benefit them. Brilliant. So I'm already thoroughly
0:49.6	disgusted with you. We're sat there in Dubai, just been telling me before we had recorded about,
0:55.2	you know, the difference in the lifestyle over there compared to the UK. And actually,
1:00.7	that kind of ties in nicely to what we're talking about, talking about the crypto and the passive
1:05.8	income, and the remote living, the crypto lifestyle can basically afford people, which is
1:11.7	genuinely, we've heard about this for years in the business sense, you know, the dream is to
1:15.6	sit on the beach with your laptop. But there's very few businesses that genuinely permit that,
1:20.8	but crypto is definitely one of them. Yeah, do you know what, like, like the dream coming from
1:25.6	Scotland is to be able to sit on the beach and sit with a laptop. And I did that a
1:30.4	return like a living years ago, but when I was living in Spain, I thought, well, first of all,
1:34.8	it's so hot that my laptop is not operating in the sun, so I can't see the screen. And it's
1:40.2	it's pretty hard work sitting here on the beach. So I'm going to put my laptop there and I'm
1:43.2	going to just enjoy the rest of the day. So yeah, when you think about it that way, it's actually
1:50.3	not really possible to sit on the beach with your laptop. Yeah, idea here, you're such a fun killer.
	...

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