Understanding the Lightning Network

When it comes to understanding Cryptocurrencies, there are so many terms thrown around, and the Lightning Network is one of those. In this episode, we discuss what this is and why it's important. In addition, we talk about what you need to transfer Satoshi's, and learning more about wallets and ways to accumulate more coins!

Interested in getting your feet wet in Crypto?

Download the Chrome Extension Lolli to get money back on some of your favorite purchases. Get $10 in Bitcoin when you use this link: https://lolli.com/ref/su72Kpnsem

Get the Fold App to receive Satoshi's (a type of Bitcoin) for gift card purchases from some frequently used brands (Starbucks, Amazon, Target, etc. Use this link to receive 20,000 Satoshis after your first purchase. https://use.foldapp.com/r/gTcqtrPk

Ready to start Investing?

I use Coinbase for Bitcoin purchases. Use these links for $10 at Coinbase.

Coinbase: https://www.coinbase.com/join/smith_2o5

Want to Join BitBlockBoom in...

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What Is A Stablecoin?

I feel like learning about cryptocurrency is one constant trip down a rabbit hole, and just when I figure out one thing (or feel like I might be getting close to figuring it out), something new pops up that completely throws me off. 

And this week, that was stablecoins. In this episode we broke down some of the more famous coins and discussed their purpose, and when you should consider (or if) ever investing in them. 

Interested in getting your feet wet in Crypto?

Download the Chrome Extension Lolli to get money back on some of your favorite purchases. Get $10 in Bitcoin when you use this link: https://lolli.com/ref/su72Kpnsem

Get the Fold App to receive Satoshi's (a type of Bitcoin) for gift card purchases from some frequently used brands (Starbucks, Amazon, Target, etc. Use this link to receive 20,000 Satoshis after your first purchase. https://use.foldapp.com/r/gTcqtrPk

Ready to start Investing?

I use Coinbase for Bitcoin purchases. Use these links...

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Libra, Lightning Nodes, and Other Cryptocurrencies

There's so much to learn when trying to figure out Cryptocurrencies, and understanding what you should be paying attention to can be exhausting.

In this episode, we started digging into other currencies, like Libra (and why having some of your money linked to Facebook might not be in your best interest).

Plus we talked about the Lightning Node, and discussed the purpose of it, and which currencies are meant for saving and which ones are made for spending. So much to know, but once again, I had a lot of questions for Gary.

Interested in getting your feet wet in Crypto?

Download the Chrome Extension Lolli to get money back on some of your favorite purchases. Get $10 in Bitcoin when you use this link: https://lolli.com/ref/su72Kpnsem

Get the Fold App to receive Satoshi's (a type of Bitcoin) for gift card purchases from some frequently used brands (Starbucks, Amazon, Target, etc. Use this link to receive 20,000 Satoshis after your first purchase. ...

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Cryptocurrency Mining

We hear about miners when it comes to cryptocurrency, but what does that even mean? Are people out in open land, just like gold, trying to dig up the next bitcoin? Also, the big news in the crypto world is about the upcoming halving. We talked a lot about what this means.

When it comes to mining, it can be extremely expensive and time-consuming, and we discuss if it's worth looking into. Should we be looking at mining other coins, or should we leave this up to the bigger companies who seem to have this down to a science?

Interested in getting your feet wet in Crypto?

Download the Chrome Extension Lolli to get money back on some of your favorite purchases. Get $10 in Bitcoin when you use this link: https://lolli.com/ref/su72Kpnsem

Get the Fold App to receive Satoshi's (a type of Bitcoin) for gift card purchases from some frequently used brands (Starbucks, Amazon, Target, etc. Use this link to receive 20,000 Satoshis after your first purchase. ...

Continue Reading...

What Are Alternate Coins (Everything That's Not Bitcoin)

In this episode we're talking all things Alternate Coins. When it comes to Cryptocurrency, Bitcoin is by far the favorite, and the one most people will know. However, there are hundreds of other coins out there, and it's time to find out which ones are worth looking into.

We also cover forks, and diving deeper into why someone may want to start alternate coins.

Interested in getting your feet wet in Crypto?

Download the Chrome Extension Lolli to get money back on some of your favorite purchases. Get $10 in Bitcoin when you use this link: https://lolli.com/ref/su72Kpnsem

Get the Fold App to receive Satoshi's (a type of Bitcoin) for gift card purchases from some frequently used brands (Starbucks, Amazon, Target, etc. Use this link to receive 20,000 Satoshis after your first purchase. https://use.foldapp.com/r/gTcqtrPk

Ready to start Investing?

I use both Coinbase and Robinhood for Bitcoin purchases. Use these links for free stocks on Robinhood or $10 at Coinbase.

...
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Cryptocurrency Wallets

Now that you're ready to buy some Cryptocurrency, how do you make sure that you're keeping it in a safe place? Plus how do you make sure it's foolproof for the not so tech-savvy people?

This was our topic for today's podcast, and we break down all of the different kinds of wallets that you can try.

Interested in getting your feet wet in Crypto?

Download the Chrome Extension Lolli to get money back on some of your favorite purchases. Get $10 in Bitcoin when you use this link: https://lolli.com/ref/su72Kpnsem

Get the Fold App to receive Satoshi's (a type of Bitcoin) for gift card purchases from some frequently used brands (Starbucks, Amazon, Target, etc. Use this link to receive 20,000 Satoshis after your first purchase. https://use.foldapp.com/r/gTcqtrPk

Ready to start Investing?

I use Coinbase for Bitcoin purchases. Use these links for $10 at Coinbase.

Coinbase: https://www.coinbase.com/join/smith_2o5

Want to Join BitBlockBoom in August?

Head over to ...

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Cryptocurrency Investment Tools

So now that you know the basics of crypto from our last episode, it's time to start maybe investing. (Don't forget, we're not here for investment advice.)

But the big question is where do you even begin?

In this episode, Gary Leland and I discuss how you can start investing in cryptocurrencies. The good news is that it doesn't have to be huge amounts of money, as you can start investing just a small amount.

And the even better news is that you don't need to actually be investing in order to start getting some. You can start just by buying other things (see below for some great links).

Interested in getting your feet wet in Crypto?

Download the Chrome Extension Lolli to get money back on some of your favorite purchases. Get $10 in Bitcoin when you use this link: https://lolli.com/ref/su72Kpnsem

Get the Fold App to receive Satoshi's (a type of Bitcoin) for gift card purchases from some frequently used brands (Starbucks, Amazon, Target, etc. Use this link to...

Continue Reading...

A Beginner's Lesson in Cryptocurrency

We hear about Bitcoin and other Cryptocurrencies, but understanding what they are and why we should consider investing can be complicated.

In this episode, Gary Leland and I discuss what cryptocurrencies are, what their purpose is, and why we should be paying attention to them. This is the perfect episode for those who are trying to learn the basics.

Interested in getting your feet wet in Crypto?

Download the Chrome Extension Lolli to get money back on some of your favorite purchases. Get $10 in Bitcoin when you use this link: https://lolli.com/ref/su72Kpnsem

Get the Fold App to receive Satoshi's (a type of Bitcoin) for gift card purchases from some frequently used brands (Starbucks, Amazon, Target, etc. Use this link to receive 20,000 Satoshis after your first purchase. https://use.foldapp.com/r/gTcqtrPk

Ready to start Investing?

I use Coinbase for Bitcoin purchases. Use these links for $10 at Coinbase.

Coinbase: https://www.coinbase.com/join/smith_2o5

Want to Join...

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