MI032: Bitcoin, Cryptocurrencies, and Blockchain Part 1 with Preston Pysh (Investing Podcast)
The Intrinsic Value Podcast - The Investor’s Podcast Network
The Investor's Podcast Network
4.6 • 592 Ratings
🗓️ 18 March 2020
⏱️ 51 minutes
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Summary
Transcript
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| 0:00.0 | You're listening to TIP. Today's show is a special one for a few reasons, mainly because I bring |
| 0:06.7 | back Preston Pish, who's the co-founder of the Investors Podcast Network, but also because this is |
| 0:12.1 | going to be the first two-part episode here on millennial investing. Preston and I's conversation |
| 0:18.5 | ran long, so I decided to split it up into two episodes. |
| 0:22.1 | This episode will be part one, and next week's episode will be part two, where we continue the conversation. |
| 0:28.1 | In this episode, we talk about topics that are very popular these days, and I know a lot of people |
| 0:33.1 | are interested in them, but we haven't yet covered them on the show. And so today, we'll be talking |
| 0:38.2 | all about Bitcoin, blockchain, and other cryptocurrencies. You'll hear throughout this conversation |
| 0:44.3 | that I'm very honest and upfront that I personally know nothing about these topics. If you're |
| 0:49.2 | new to it all and it seems confusing and even a bit overwhelming, I'm right there with you. |
| 0:56.3 | I even tell a story in the episode about how I bought a Bitcoin a few years ago, but I had to sell it a few days later because I |
| 1:01.8 | literally felt sick. I didn't understand it and I just wasn't comfortable owning it. I couldn't sleep well at |
| 1:07.7 | night. So if you're like me and you enjoy the content, but it's a bit heavier technical, |
| 1:13.4 | don't be afraid to go back and listen to it again and again and again, if you have to. |
| 1:18.2 | I've already listened to this entire conversation about three or four times myself. |
| 1:22.8 | So if you enjoy the content but just need to hear it again to really comprehend it, |
| 1:26.7 | I'd definitely recommend |
| 1:27.6 | you do that. Coming from the vantage point of not knowing anything about Bitcoin, blockchain, |
| 1:32.7 | or really any cryptocurrencies, I've always been very, very skeptical of it all. A lot of what I |
| 1:38.9 | read on the internet seems like a scam. My very surface-level thoughts made me think negatively about all of these things, |
| 1:45.9 | and in reality, it's just been outside my circle of competency. But when someone like Preston |
| 1:51.2 | is so passionate and bullish on it, it makes me realize that maybe I should look into it too. |
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