2GuysTalkingCrypto

It's another bold flag heralding what's to come. Getting MORE PEOPLE aboard crypto (and their money) is that everyone's been looking for. Will this do it? Will this hobble the process and upset the OG Cryptocurrency fans all at the same time? 2GuysTalking Crypto wants to know what you think! All the links to the information we show and discuss inside this episode are available at our website at 2GuysTalkingCrypto.Com Click this link to check it all out and more! http://2gttp.com/2gtcmcb1

We create an "example" crypto portfolio (for learning purposes) and we are going to faux-purchase $100 of assorted cryptocurrencies on the same day each month - in our case it will be the 18th of each month. This strategy of purchasing the same amount each month or week etc. is called Dollar Cost Averaging (DCA). It'll be enlightening as we monitor its performance as the crypto space grows and matures. Our website has links to everything: http://2GuysTalkingCrypto.com

A Non Fungible Token (NFT) is a unique and non-interchangeable unit of data stored on a digital ledger. NFTs can be used to represent easily-reproducible items such as photos, videos, audio, and other types of digital files as unique items, and use blockchain technology to establish a verified and public proof of ownership. We also discuss some examples of how people are creating and using NFT's including Chris's original collectible fractal art NFT's which you can see here: https://rarible.com/fractaltreasure https://solsea.io/collection/615e0b4a84b24fbbace7c52a https://solsea.io/collection/615dffa1cfeb7dbc0223b53e Our website has links to everything: http://2GuysTalkingCrypto.com

We go through a long lost of celebrities who are invested and involved in the crypto space. Our website has links to everything: http://2GuysTalkingCrypto.com

Chris shares his story of purchasing his first crypto in the Fall of 2018. Our website has links to everything: http://2GuysTalkingCrypto.com

Ahh, the tales of family make the scammer stories all the more vital to understand. Our website has links to everything: http://2GuysTalkingCrypto.com

In general, "meme coins" are crypto projects that were started as kind of a joke and have no real use case in the real world, but some how attracted investors. Other meme coins use their popularity, if they achieve it, to actually build infrastructure to provide real world value. Popular examples of meme coins: Dogecoin (DOGE), Shiba Inu (SHIB), Safe Moon (SAFEMOON), etc. Be vary careful investing in meme coins - they are often like fads that come and go, sometimes quickly. Our website has links to everything: http://2GuysTalkingCrypto.com

Mike and Chris discuss what a custody service is, and how very soon it will be easy for new crypto folks to crypto to buy and store their crypto with their current bank. We also discuss a handy crypto motto: "Not your keys, not your crypto." Here's the article we referenced: https://news.bitcoin.com/us-bank-launches-cryptocurrency-custody-services-strong-demand-institutional-clients/ Our website has links to everything: http://2GuysTalkingCrypto.com

Crypto, like every other money/payment/investing market, has its share of scammers. Here we discuss the fundamentals of NOT getting scammed, including: DO NOT EVER share your login credentials or seed phrase with anyone. DO NOT EVER send ANY crypto to anyone you don't know. DO NOT EVER click on links in your email from an unknown sender. Our website has links to everything: http://2GuysTalkingCrypto.com

When the price of Bitcoin and other cryptos start rising quickly, many people feel FOMO, Fear Of Missing Out, and this can cause them to buy when they arguably shouldn't buy - when the price is way up. Always remember the sage advice: Buy low, sell high. FOMO is a naturally occurring feeling in most people but noticing it and managing it within yourself is extremely important. Our website has links to everything: http://2GuysTalkingCrypto.com

Many companies are now offering their employees an option to be paid in crypto. Are you willing and ready to accept crypto as a form of payment? Mike and Chris discuss the fundamentals of these ideas. We touch on receiving crypto from your employer and then needing to pay your bills in US Dollars, and how the general transition from fiat to crypto will not happen TOO quickly. Also, there are now payroll services for companies that opt to pay employees in crypto, and of course they handle all the tax requirements, etc. Articles we referenced: https://www.analyticsinsight.net/top-companies-that-are-paying-its-employees-in-bitcoin/ https://ihodl.com/investment/2018-11-09/top-employers-pay-crypto/ https://www.canstar.com.au/cryptocurrency/paid-in-cryptocurrency/ https://news.bitcoin.com/bitpay-launches-new-payroll-service-for-companies-that-opt-to-pay-employees-in-crypto/ Our website has links to everything: http://2GuysTalkingCrypto.com

The amount of electricity needed to mine Bitcoin is not negligible and these days lots of crypto folks/companies are innovating ways to tap into more sustainable power - including El Salvador tapping into volcano power! Article: https://techhq.com/2021/10/bitcoin-mining-powered-by-clean-volcano-technology-erupts-in-el-salvador/ Note: The total combined energy used to mine Bitcoin is very small compared to all the other MUCH bigger industries in the world. So in addition to encouraging the use of renewable energy to mine Bitcoin, it would be far more effective to encourage all the big industries who are mostly NOT using renewable energy to massively improve their energy consumption issues. The big push to make Bitcoin mining more environmentally friendly is largely disingenuous in light of all the other much bigger and much more destructive energy consumers. Our website has links to everything: http://2GuysTalkingCrypto.com

The previous two cycle peaks for Bitcoin happened in Dec. 2013 and Dec. 2017. Will this current cycle peak in Dec. 2021? Or will the cycle peak happen differently now that many giant companies have been investing billions in Bitcoin and crypto? Our website has links to everything and more info: http://2GuysTalkingCrypto.com

We (Mike and Chris) introduce our show and briefly discuss why we are doing the show, what topics we will discuss, and the importance of learning about crypto and blockchain because it's expanding rapidly and will affect almost every industry sooner than you think. Don't fall behind and lose out! By watching our show you will learn the fundamentals and stay current on crypto and blockchain so that you can position yourself for success. Our website has links to everything and more info: http://2GuysTalkingCrypto.com