184: DeFi, NFTs & Current Crypto Trends Explained…

February 26, 2024 Robbie Kramer

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184: DeFi, NFTs & Current Crypto Trends Explained… Robbie Kramer

Show Notes:

Robbie’s take on the Tensions between Russia and Ukraine and how most American’s living in Ukraine are handling the threat of war… [00:10]
Cool travel spots in Turkey… [02:50]
Robbie’s lucky 6 figure payoff in crypto story… [05:00]
The link between early crypto investing and gaming… [07:30]
How often do you hear the rags to riches crypto stories from Millennials hitting it big with bitcoin? [12:30]
The “Never Sell” culture and how some are opting-out of fiat currency… [13:22]
How to compare crypto to social media to wrap your head around the value of crypto… [14:45]
Will crypto companies replace and disrupt the banking industry? [16:20]
WTF is DeFi? [16:53]
How decentralized finance works and why it’s a game changer for the loan industry…. [17:45]
How you can make money passively loaning out your bitcoin… [19:30]
Why crypto is so confusing, even to experts… [21:20]
What sort of crypto assets should newbs invest in? [22:30]
“Pristine Collateral” – The Real Estate of The Crypto Space… [23:30]
The heartbreaking story about Gun’s Crypto Fund and how you can lose your ass using leverage if you’re not careful… [24:00]
What were the “Fork Wars” of 2016 and 2017? [25:30]
Why ore Bitcoin transactions so slow? [25:50]
What is trading on margin? [27:35]
What is “Max Pain” and how you can get liquidated… [29:00]
Bitcoins year over year percentage return… [31:45]
WTF is a NFT? [32:10]
Why are NFTs valuable and what are their application? [32:50]
Music rights as an example of a NFT use case… [34:00]
Why NFTs are useful for the collectibles industry… [37:53]
How “smart money” is investing in NFTs… [40:00]
Comparing NFTs to Napster… [44:00]
How blockchain technology can disrupt Uber… [45:45]
How you could short the stocks of traditional media companies and potentially make a killing… [47:00]
What does non-fungable token mean and how to research NFTs on Open Sea… [48:32]
Aaron’s Alt Coin picks… [50:47]
What does the “Market Capitalization Rate” mean and how to use it to understand the value of meme coins… [52:35]
When should you think about putting your crypto holdings to work to create passive income? [55:35]
What is a yield farm? [56:53]
How you can take stable-coin loans from your crypto assets and why the yields are higher than in other asset classes… [58:14]
What are the risks associated with DeFi investing… [59:40]
What is a liquidity pool? [01:01:07]
How to “print money” using crypto farming… [01:03:57]
Do we know who the creator of Bitcoin, Satoshi Nakamoto, is? [01:09:21]
How much Bitcoin is lost forever? What if you lose your bitcoin in a “boating accident”… [01:11:11]
Metrics for understanding when to sell your crypto positions… [01:15:02]
How to “scale out” and sell your position to get the best returns on your investment… [01:17:40]