Unleash the Awesome

Cryptocurrencies and Blockchains: Distractions or Opportunities?

Episode Summary

Dave Gambrill digs into cryptocurrencies, blockchains, smart contracts, NFTs, and more with a focus on introducing beginners to the multitude of opportunities that exist in the space.

Episode Notes

You can subscribe and listen to every episode of the "Unleash the Awesome" podcast at https://gambrill.com/podcast 

 

Disclaimer: I am not an investment, legal, or tax adviser. All opinions are mine alone.  There are risks involved in placing any investment in securities or in Bitcoin or in cryptocurrencies or in anything. None of the information presented herein is intended to form the basis of any offer or recommendation or have any regard to the investment objectives, financial situation, or needs of any specific person, and that includes you. Everything you’re going to hear is for informational entertainment purposes only. Perform your own due diligence before taking action on anything.

 

2:04  What the heck are cryptocurrencies and blockchains?

 

2:12 Bitcoin: A Peer-to-Peer Electronic Cash System - Whitepaper
https://bitcoin.org/bitcoin.pdf .

 

5:52 Proof of Work and Proof of Stake 
https://www.coinbase.com/learn/crypto-basics/what-is-proof-of-work-or-proof-of-stake .

 

6:54 Ethereum is kinda like the Legos of decentralized finance (DeFi) because you can build things on/with it using smart contracts. 

 

10:03 What is a stable coin?

 

11:15 Decentralized Autonomous Organizations (DAOs)

 

12:20 An easy way to get started is via a Coinbase account. 
https://gambrill.com/coinbase .

 

13:16 Metamask is one of the most popular and easy to use cryptocurrency wallets. 
https://metamask.io/ .

 

14:12 PoolTogether is a DAO which offers a crypto-powered savings protocol via a no-loss raffle structure. 
https://pooltogether.com/ .

 

20:00 BlockFi - Earn interest on your crypto holdings. 
https://gambrill.com/blockfi .

 

20:32 DIMO is is building a user-owned IoT platform that allows drivers to collect and share their vehicle data. Drivers get insights about their vehicle, contribute data to the open ecosystem where it can be used to build new technology and applications, and earn DIMO tokens for participating.
https://gambrill.com/dimo .

 

24:57 "The Promise of DAOs, The Latest Craze in Crypto" - New Yorker
https://www.newyorker.com/culture/infinite-scroll/the-promise-of-daos-the-latest-craze-in-crypto .

 

25:15 Klima DAO - Drive climate action and earn rewards with a carbon-backed, algorithmic digital currency.
https://www.klimadao.finance/ .

 

28:22 What is an NFT and what can you do with them?

 

30:30 Tom Bilyeu's Impact Theory is a good example of leveraging the utility of NFTs. 
https://founderskey.io/ .

 

31:03 CoinGecko - When you subscribe to their premium plan they have an NFT that allows you access to exclusive content.
https://www.coingecko.com .

 

38:05 What Mark Cuban is most excited for in the crypto space (in 2022)
https://www.cnbc.com/2021/12/10/mark-cuban-on-what-hes-most-excited-for-in-crypto-next-year-2022.html .

 

Want some help deciding what tech tools to use in your business? Check out Tech Tools Tuesday.
https://gambrill.com/ttt .

 

Come join the conversation in our communities...

 

Digital Marketing Mentorship with Dave Gambrill Facebook Group
https://www.facebook.com/groups/dmmdavegambrill .

 

Digital Marketing Mentorship with Dave Gambrill Telegram Channel
https://gambrill.com/telegramdmm .

 

And let me know what you thought of this episode and what you'd like me cover in future episodes over on Instagram.
https://www.instagram.com/gambrill/ .

 

 

#unleashawesome #crypto #davegambrill #blockchain #nfts #daos #techtools #entrepreneur #success #pooltogether #mindset #skillset  #dimo #digitalmarketing #coinbase #blockfi #coingecko #coaching  #toolset  #digitalceo #onlinecourses #klima #funnelhacker #kajabi #speaker #trainer #coach #consultant #markcuban #process #systems #habits #goals #abundance #dao #nft #tombilyeu #impacttheory #sharktank #metamask #bitcoin #ethereum #cryptocurrencies #usdc #stablecoin #garyvee #bigdata

 

CONSUMER NOTICE: You should assume that I have an affiliate relationship and/or another material connection to the providers of goods and services mentioned in this broadcast and may be compensated when you purchase from a provider. You should always perform due diligence before buying goods or services from anyone via the Internet or offline.