Will Crypto Survive?

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

The Rich Dad Company

Entrepreneurship, Business, Investing

4.1 • 3.9K Ratings

🗓️ 11 May 2022

⏱️ ? minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

As with many aspects of the digital currency world, DeFi is still in its early stages of development. But it has the potential to transform financial services the same way that the internet has transformed communication services. Today’s guest says the difficult thing is finding out if there’s real value.
Jeff Wang, VP of Product at tomocrypto.com and contributor to the Rich Dad Crypto Newsletter says, “The big difference this time, is there is a connection to the real world. Actually using the crypto you have.” Things that are happening in the real world are getting represented in crypto.
Additionally, Robert and Jeff discuss:
Crypto's bear market (correlation to stock market)
Biden Executive order/central bank digital currency
Crypto’s role during the Russia/Ukrainian war and how it accelerated regulatory actions

Host Robert Kiyosaki and guest Jeff Wang discuss the future of crypto and how to differentiate between valuable crypto and just hype.

Transcript

Click on a timestamp to play from that location

0:00.0	This is the Rich Dad Radio Show, the good news and bad news about money.
0:07.0	Here's Robert Kiyosaki.
0:09.0	Hello, hello, Robert Kiyosaki, the Rich Dad Radio Show, the good news and bad news about money.
0:14.0	And today's a very important show because it's about crypto.
0:18.0	And the older I get, I go the more I don't know, and crypto is taken over the world.
0:24.0	And I was just on my phone to my gold and silver dealer.
0:29.0	And I still own gold and silver and a lot of crypto.
0:32.0	But it's a very important subject that we need to be aware of.
0:37.0	And once again, the Rich Dad, we don't recommend anything, but we just do our best to give you the information so you can make your own decisions.
0:45.0	So our guest today is Jeff Wang. He's a contributor to the Rich Dad crypto newsletter.
0:51.0	And he is the host of rocket fuel crypto.
0:54.0	And he's an authority on it.
0:58.0	And the thing is he's come from the communist.
1:00.0	I just left the communist republic of Hawaii.
1:03.0	And Jeff just left the communist republic of San Francisco or the city of San Francisco.
1:09.0	And I'm moving out of Hawaii. It's that bad.
1:12.0	I mean, I can't stand it. I love the island. I love the beauty. I love the people.
1:18.0	But the government has gone so far. Woke left. It's hard to live there.
1:24.0	And so Jeff just moved in to San Francisco, which is possibly the most beautiful city in America.
1:30.0	And they got my first job on 555 Market Street San Francisco.
1:35.0	And he had to leave San Francisco.
1:38.0	So I think we'll start with that, Jeff. So Jeff, welcome to the Rich Dad Rator show.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from The Rich Dad Company, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Rich Dad Company and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.