Today’s Lively Show is on a topic that is very popular right now and also is a topic that several of my friends are currently obsessed with — cryptocurrency.
Being pretty new to the subject myself, I wanted to invite Faiz Nazarali, who is deeply involved in the crypto world, to explain what it is and how it compares to traditional ‘fiat currency’ (aka: regular money).
In addition, we’ll also explore why this new form of currency also fundamentally shifts from an economic scarcity-based model to an abundance-based model.
This episode is perfect for anyone wanting: to know what the future of money may be, to understand the difference between traditional money and cryptocurrency, to get started in cryptocurrency, and to hear about the economic shift from a scarcity to abundance-based system.
IN THIS EPISODE YOU’LL FIND OUT ABOUT
Faiz tells us how he got started in the world of cryptocurrency.
He explains what cryptocurrency is and how it is used currently in the USA and the world.
- Faiz discusses the difference of cryptocurrency versus tradition monetary exchange.
He describes what a blockchain is and why it’s so important.
Faiz reveals his reasons why cryptocurrency is an abundance model of currency exchange.
He shares his thoughts on which cryptocurrencies to get started with if this is a path you want to explore.
SHOW NOTES
Coinbase is the simplest solution
https://www.gdax.com/
- Kraken
- Bittrex
- Binance
- Poloniex
My Top 5 Coins
- Bitcoin
- Etherium
- Stellar Lumens
- Steem
- BAT
LISTEN TO THE SHOW
Podcast: Play in new window | Download
Subscribe: RSS
Thanks for this valuable information! I’ve heard a lot about bitcoin lately but I’m not finance savvy and didn’t know who to trust for information! But I’ve been following your work for a couple of years and I’ve heard Faiz on the show before so I feel confident about the recommendations. Also, thank you for showing that the material world and the spiritual world can overlap in a healthy way.
As always I loved the show! This particular episode was interesting because my husband has really dove into learning about this topic. I love the other episodes for the LOA discussion! Thank you!