The Liberty Advisor Show W/ Tim Picciott

Ep 9 Bitcoin / Crypto’s How much to invest, should you invest, how to invest etc.


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In this episode of the Libertarian Advisor podcast we cover the bitcoin mania taking the world by storm.


 


In the past few weeks the amount of interest in bitcoin has absolutely exploded.  Tim discusses why he's excited about


Crypto's while giving a brief background of his blockchain investing experience.


 


Tim also goes over how to buy and sell bitcoin, how to buy alt coins and what exchanges to use to buy alt coins.


 


We also cover how to store bitcoin and what "Cold Storage" means.


Lastly we talk about the cashless future and whether the decentralized cashless future is superior to the tracked, traced, controlled and centralized government cashless future.  I'm guessing you already know my answer on this.


 


Transcription:


[00:00:02] We are good to go. Hey what's up everybody. It's Tim Picciott the libertarian adviser. And what I want to talk about today is you know how to buy bitcoin. You know why you should buy Bitcoin should you buy bitcoin. How much to invest you know can't be hacked how to secure. And just to give you a little background about myself and this is not to you I taught myself or try to you know act more important than I really am. But you know you see a lot of people out there Talking about bit coin you know it's you know the new cause de jour that's out there right now. But this has been something that I've been studying for you know a very very long time. You know let's give a little background about myself. I graduated in 2008. So right in time for the economy to implode I started my career in finance. Two weeks before Bitcoin was created and if you realized what happened two weeks before it was created is that is actually when the financial crisis happened so I started the day Lehman Brothers crashed. And so you know here I am you know out there in a financial planning job you know 22 years old you know did not like sales. Last thing I wanted to be doing.


 


[00:01:05] And you know really it was kind of thrown to the wolves spent you know really really kind of a few years as you know head down trying to study as much as I could you know becoming a financial expert but you know becoming a financial expert and making money you know really are two different things now. You know eventually you know money you know knowledge is money or knowledge. You know eventually leads to money so I'm really glad that I didn't spend all of those years you know studying as much as I did. But you know when you're living you know credit card a credit card doesn't give you a lot of time to invest. Dan you know fast forward three years I moved from really from New York to Arizona had to basically start over again. It took about three years to get going again. So you know 2011 which would have been a great time to buy bitcoin. And really you know kind of fast forward to 2015. My business was really really rock n roll and you know did really really well 2015. And then that's when I decided you know what I'm going to quit my current job. That was really lucrative. That finally was lucrative for the first time in my entire career and I'm going to start my own company right after my daughter graduate. So you know bitcoin is something that I had been you know looking into. You know right from the right from the very very beginning the first person I ever told about bitcoin from an investment standpoint was at 30 dollars told another client about bitcoin when I was at 200 dollars. I'm a frequent guest on the on the show LRN.FM declare your independence. Ernest Hancock one of the first probably the second person to start talking about bitcoin on the radio and I'm on I've been on his show probably 20 times a year.


 


[00:02:38] So when I'm saying the stuff I'm not saying it is you know all these charlatans who are out there you know now all of

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The Liberty Advisor Show W/ Tim PicciottBy Tim Picciott

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