Cryptocurrencies are the current hot topic of the day. With the boom of Bitcoin, Ethereum, Litecoin and Ripple it seems like everybody’s talking about this new world.
In this episode Kim and Spencer talk about the different coins but more importantly talk about the technology behind it which is called the blockchain.
Tune in with Kim D. H. Butler and Spencer Shaw to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at welcome@ProsperityThinkers.com and we may answer it in an upcoming episode.
Links and Resources from this Episode
- For resources and additional information of this episode go to https://prosperitythinkers.com/category/podcast
- http://coinbase.com
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Show Notes
- 0:59 – Why you must understand the blockchain
- 2:37 – How you can view the blockchain like an escrow company
- 3:41 – Demystifying cryptocurrencies
- 6:12 – Understanding the top cryptocurrencies
- 9:51 – Do research and learn about the best options for yourself
- 13:07 – Currently cryptos is a place to play but not gamble
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You must understand the blockchain to understand cryptocurrencies.
Disclosure: Our content is meant for educational purposes only. While it’s our goal to help you learn about building a life of prosperity, we do not intend to provide financial advice. Please consult your financial, tax or legal advisor before making any investment or financial decisions.