BEING BROKE AND CRYPTO with DHEERAJ SHAH | take 35
Episode description
here, we learn about the importance of personal financing, investing, cryptocurrencies and more! If this episode doesn't resonate with you, please send it to someone for whom you think it might. Have a lovely day! ---
Dheeraj Shah has a Masters in Psychology, but is full-time in Crypto. He runs a Podcast that focuses on education and news about Crypto to Indians. Additionally, he loves memes, content creation and community. --- Recorded on July 4, 2021 --- What's new on SwS these days : http://instagram.com/storieswithshastri What Dheeraj's up to these days : http://instagram.com/dheerajshah What I'm up to these days : http://instagram.com/sanghamitrashastri For enquiries, contact storieswithshastri@gmail.com
00:00 Introduction
03:23 What does being broke mean?
04:40 The best and the worst part about being broke
09:58 The importance of personal financing
15:45 The best and the worst part about not being broke
20:03 Value of a person
23:41 Money you make v/s money you keep
27:10 Formula to save money
30:10 When is it too late to start investing?
35:15 How would you explain cryptocurrency to a 5-year old?
40:33 Will crypto be valued just like regular currency?
42:50 Volatility of crypto
46:55 Risks involved in using crypto
54:05 Losses in crypto
57:12 The Bitcoin Network
57:40 Misuse of crypto
59:50 Verifying crypto transactions
1:05:33 What does mining mean?
1:09:47 Breaking down crypto
1:12:42 Wealth redistribution with crypto
1:22:08 Bitcoin's role in governance
1:26:51 Why we aren't taught investing in school
1:29:43 One piece of advice for someone who wants to invest
1:32:11 Conclusion