Money jobs: Cashing or crashing with crypto
Business Daily
BBC
4.4 • 816 Ratings
🗓️ 13 December 2022
⏱️ 18 minutes
🧾️ Download transcript
Summary
Crypto is a tricky business. Chances are, you know someone or know of someone who's made a bit of money with crypto, and that you’re not too far removed from someone who’s lost money too.
This is episode two in the latest series from Business Daily, all about high value, high transaction jobs you might read about, see on the TV or glamorised in films.
In this episode, Leanna Byrne asks author, speaker and content creator Layah Heilpern what it's really like investing in Bitcoin. Abhishek Sachdev, chief executive of Vedanta Hedging, a traditional trader tells us why he's ring-fenced some of his personal investment fund for crypto trading and Matt Brighton, a property investor, tells us he learned some hard lessons trading crypto.
We also find out that trading isn’t the only way to get involved in the crypto market. Solicitor Charlotte Hill, works at the international law firm Pennington Manches Cooper has been taking on a ballooning caseload coming out of the crypto space.
Presenter/producer: Leanna Byrne Image: Bitcoin logo; Credit: Getty
Transcript
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| 0:00.0 | As I sit down to edit this business daily about cryptocurrencies, a bit of news came across my desk. |
| 0:08.5 | Kim Kardashian has been hit with a $1.26 million bill for sharing a promotional message about a |
| 0:17.0 | crypto token with her 330 million plus followers. |
| 0:21.7 | And listen, I know I'm a journalist, |
| 0:24.4 | but I'm not going to turn down the opportunity |
| 0:26.7 | of getting a Kardashian into this episode. |
| 0:29.9 | You know why? |
| 0:31.1 | Well, first of all, I bet you're listening now. |
| 0:34.1 | But second of all, |
| 0:35.8 | I think it's important when we talk about making money |
| 0:38.4 | from crypto to acknowledge that there are plenty of people out there who've cashed in on crypto |
| 0:43.7 | without having traded one coin. Instead, they're benefiting from cryptocurrencies simply existing. |
| 0:51.0 | So keep listening because we're going to be talking about crypto, a Kardashian, and what it's really like to make money trading crypto. |
| 1:03.9 | From the BBC World Service, I'm Leanna Byrne and this is Business Daily. |
| 1:09.1 | And welcome to our series where I've been speaking to people |
| 1:11.7 | doing those high value, high transaction jobs you might read about, see on the TV, are glamorised |
| 1:18.6 | in films or, in this case, are portrayed in a certain way on social media. And I speak to the real |
| 1:25.1 | people in these industries to find out how it all really |
| 1:27.9 | works and what it's like to make your living in these jobs. This is episode two, cashing or |
| 1:34.4 | crashing with crypto. And this one's all about the people who are making money either by |
| 1:40.0 | trading crypto or through its ecosystem. |
| 1:50.0 | Now I promised you we'd talk about Kim Kardashian, so I'm going to keep my promise. |
... |
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