Wen Lambo Crypto Podcast

Best of the Week: How To Pick The Best Tokens, Why Bitcoin Dominance Fluctuates, and Can Crypto Solve The Education System?

02.11.2018 - By Tai LopezPlay

Download our free app to listen on your phone

Download on the App StoreGet it on Google Play

“Education is the biggest opportunity for crypto. Is Blockchain the catalyst that finally causes change?” - Trevor Koverko (click to tweet) Most people in crypto don’t know what they’re talking about. Often times, we find ourselves stuck in circles of conversations where each person is speaking from a place of ignorance. It’s important to recognize these times for what they are, and not fall into the trap of them being our only source of crypto-related content. On today’s episode of The Bitcoin Crypto Mentor Mastermind show, we are taking a moment to review top highlights from this week’s content. From Trevor Koverko breaking down how blockchain can integrate with the education system to Ben Oberg spelling out his investment strategy, the knowledge-dropping will have you walking away with a new lens on crypto. Listen in to take your current understanding to a whole new dimension. And don’t forget! You can also listen to The Bitcoin Crypto Mentor Mastermind Show on Spotify! Click “Follow” and let me know what you think! “No offense to Ripple, but is wiring money the thing that’s going to change our world? Where’s the biomedical ICO that makes it so pharmaceutical companies don’t have a monopoly?” - Tai Lopez (click to tweet) Points to Keep In Mind There is greater opportunity in pre existing businesses going on the blockchain They would immediately pass the SEC test for utility People overthink the problems in cryptocurrency If you look at the top 30-40 market cap coins, they aren’t solving the big problems in the world Read Nick Bostrom’s Superintelligence He theorizes the moment of singularity will happen by 2090 when computers surpass humans 3 types of artificial intelligence: cyborgs, supercomputers, and collaborative intelligence All problems can be solved by collaborative intelligence People are continuously moving money into alt coins Bitcoin dominance has consistently declined each year That doesn’t mean Bitcoin’s price is falling Any new adoption environment attracts wackjobs Most of the things that are fixable in our lives are people problems Education is the biggest opportunity for crypto This is because the education system is centralized Exchanges are difficult to run because you’re holding peoples funds (playing custodian) Cryptocurrencies are more than coins; they are digital assets with a specific vision Harder to manage and snowball profits when your investment portfolio is spread out Research should be about the development team and their past Does the coin solve real world coins? Syscoin offers an alternative to typical commerce methods Have both short-term and long-term profits in mind when investing

More episodes from Wen Lambo Crypto Podcast