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The Financial Diet

TFC #59: An Honest Conversation On The Problem With NFTs & Cryptocurrency

The Financial Diet

TFD

Business

4.3548 Ratings

🗓️ 7 February 2022

⏱️ 65 minutes

🧾️ Download transcript

Summary

In this episode, Chelsea speaks with Dan Olson from the Folding Ideas YouTube channel to discuss his recent explainer video on the danger of crypto and NFTs. Don't forget to subscribe and leave us a review! Subscribe to The Financial Confessions podcast here: https://anchor.fm/thefinancialdiet Rate + review us on Apple Podcasts: https://podcasts.apple.com/us/podcast/the-financial-confessions/id1484287750 For our favorite moments from The Financial Confessions podcast, subscribe to our highlights channel here: https://www.youtube.com/channel/UCNRL-_4emfF _ZamFOWCF2rg Folding Ideas on YouTube: https://www.youtube.com/channel/UCyNtlmLB73-7gtlBz00XOQQ NFTs video: https://www.youtube.com/watch?v=YQ_xWvX1n9g WHERE TO FIND US: The Financial Diet site: http://www.thefinancialdiet.com Facebook: https://www.facebook.com/thefinancialdiet Twitter: https://twitter.com/TFDiet Instagram: https://www.instagram.com/thefinancialdiet

Transcript

Click on a timestamp to play from that location

0:00.0

Hello, everyone, and welcome back to a brand new episode

0:03.2

of the Financial Confessions.

0:05.5

This week, we have a guest who came on the show

0:08.5

on what I have to say for TFC might be a land speed record

0:12.5

in terms of short notice.

0:14.5

I reached out to him a couple days ago.

0:16.2

He's sitting down today.

0:17.4

And then in a few days, you guys will be seeing this

0:20.4

live on your YouTube or wherever you listen to your podcasts.

0:24.3

And usually we don't really run on that tight of a timeline.

0:27.6

We tend to talk about more evergreen topics

0:30.2

and do deep dives into things that are not necessarily

0:33.5

based on what's trending in the news right now.

0:35.5

However, the topic that I'm going to talk about today with our guest is one that I really

0:40.1

felt deserved as much timeliness as we could give it.

0:43.9

Most of you who have even a passing interest in personal finance, which if you watch

0:47.6

a personal finance channel or listen to one is probably all of you have been aware of the

0:53.1

meteoric rise

0:54.6

in popularity and interest and in use of cryptocurrencies

0:59.1

and NFTs or non-fungible tokens.

1:02.0

We get asked about them every day, multiple times a day,

1:05.4

on this and other platforms.

...

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