TMBA 422: Crypto: What's It All About?

Lake of Guatupe in Medellin Colombia

Podcast 46:55| Download | Stitcher | iTunes | Comment

Happy New Year to all our listeners. We hope that we can help make 2018 your best year in business ever.

To kick things off strong, Dan and Ian are going to discuss one of the most popular and controversial topics in the entrepreneurial community today.

Of course, we are talking about Cryptocurrency.

Digital currencies like Bitcoin and Ethereum have made many members of our audience wealthy, and have left the rest of us wondering what we are missing out on.

Greg Gerber is an internet entrepreneur and cryptocurrency enthusiast. He owns a marketing company that has been accepting Bitcoin as payment since 2013.

In this episode, Greg joins us to talk about the world of digital currency, the advantages of slowing growing a cryptocurrency portfolio, and the future of money.

Listen to this week's show and learn:

  • Why two-thirds of Greg's net worth is invested in cryptocurrency. (4:36)

  • How Greg built a business around accepting cryptocurrency as payment. (9:50)

  • The meaning behind some essential cryptocurrency terminology. (20:12)

  • How to approach building a product or service aimed at cryptocurrency users. (36:07)

  • Tips for beginners who want to get into cryptocurrency. (40:28)

Mentioned in the episode:

TMBA Masterminds
Sponsor the TMBA Podcast
The Dynamite Circle
The DC Podcast
Help Us Choose a New Name for the TropicalMBA Podcast
DC BKK
Greg Gerber
Jason Cohen
Bitcoin Whitepaper
Satoshi Nakamoto
Ethereum
The DAO
Blockchain.info
FDIC
Overstock
Expedia
Coinbase
BitPay

This week's sponsor:

This week's episode is brought to you by Refund Retriever.

Refund Retriever is an unbelievably powerful tool for any business that uses UPS or FedEx to ship their products. Refund Retriever will automatically audit your invoices for late deliveries and other billing mistakes, and will directly liaise with these shipping companies to ensure that you are receiving full credit for any refunds that you are entitled to.

The best part is that their fee comes out of the savings that Refund Retriever makes for you, so you only pay when you save.

Enjoyed this podcast? Check out these:

TMBA328: How Do You Manage Your Money?
TMBA334: Here's How We Plan to 'Manage' Our Money
TMBA417: The Gift

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HAVE COMMENTS ABOUT THE SHOW?

Do you have ideas for things you'd like Dan and Ian to discuss on future episodes?

Our producer Jane would love to hear from you at jane@tropicalmba.com or leave us a voice message using the record button below.

Thanks for listening to our show! We'll be back next Thursday morning 8AM EST.

Cheers,

Dan & Ian

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TMBA 423: It's a Boy!

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TMBA 421: The 7 Stages of Entrepreneurship