June 23, 2022

The Lowdown on Crypto with Shannon Bray, Ep #118

40 minutes

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Shannon Bray was born in South Louisiana and graduated from Thibodaux High. After taking an initial stab at college, Shannon enlisted in the United States Navy. He still enjoys scuba diving. Shannon lives in Apex, NC, with his wife, and three wonderful children. He has worked in various information technology roles and has become a leading expert in his field. Shannon believes that his expertise can benefit lawmakers who may be too distant from technology to understand how to incorporate it properly and how to generate laws around cyberspace. He is currently running for a U.S. Senate seat in North Carolina. He has recently released his latest book on cryptography, which focuses on information security and the privacy of data. In this episode of How To Trade It, Shannon shares his thoughts on the best cryptocurrencies and their future. You don’t want to miss it!

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You’ll want to hear this episode if you are interested in…

[05:53] Bitcoin’s superiority
[15:58] Crypto…which ones are legit?!
[17:45] What do investors need to look for to protect themselves?
[20:15] Blue Sparrow unplugged
[28:12] SHIB
[34:51] The future of cryptocurrency

Bitcoin’s Superiority
Shannon believes that Bitcoin will be really helpful in the future; especially in countries, like the USA, that are overprinting and devaluing their dollar. Those actions will inevitably lead to stability issues and recessions. As the Bitcoin maxies say, “1 Bitcoin = 1 Bitcoin”. In other words, the value of the USD doesn’t matter because crypto isn’t affected by the same factors. Whether Bitcoin goes up or down, it always recovers. The world is going to be more reliant on it, as time passes. Bitcoin was set up to reach a maximum, so as it approaches that number, its value will continue to rise.

Blue Sparrow
Shannon was drawn to Blue Sparrow because of their involvement with charities. This Etherium20 token benefits, not only its holders, but is also reaching third party communities with no shelter or running water. Blue Sparrow has built a school in Iran, is building another school and a water tower in Kenya, and is contributing to several other projects. A new version (2.0) is launching any day now, that will allow this amazing humanitarian work to continue.

SHIB
Shannon credits SHIB as his reason for even being in crypto. Last year, he invested a mere $1,200, and quickly turned it into 6 figures!!! It changed his life. The SHIB Army is a fantastic and informative community that really helped propel him forward in his journey. It’s a good international token and is a brilliant choice as an entrance into crypto trading. You can pay attention, learn, and understand, without investing a lot of capital.

Resources & People Mentioned