51: How to Teach Someone Crypto From Scratch

I love how you not only did your own research and homework to get really smart on it, but then you decided you weren't going to let the knowledge just live in your head, and you were going to go ahead and build those bridges and connect with people and help everyone understand that this is bigger than just finance.

This is bigger than just technology.

So, um, I love that you've sort of taken the responsibility and accountability to spread the word and to help others ensure that they don't, you know, get left behind.

I think there's a lot of misinformation and misconceptions about crypto out there.

Um, and I think a lot of the narrative is feeding into sort of FOMO and fear of missing out.

But that conversation, from my view, and I'm curious for your perspective, is like usually when we hear about FOMO in crypto, it's like, "If you don't buy this token right away, you're going to miss this opportunity." And that's like what we're trying to move away from as an industry.

That's like the hypey, scammy, salesy, like, you know, uh, not a real, I think, wise way to make an investment.

I'm not a financial advisor, but I think that if someone is coming to me and saying, "You have to get in now or else," like that's-

Right

... that's a little bit of a red flag.

Um, but I think-

Exactly

... for you, making sure nobody gets left behind, it's about, it sounds like, you know, financial access and sovereignty and freedom.

Right.

Exactly.

Yeah, so for, to circle back on not being left behind, I felt a lot of people didn't have that foundation and that knowledge.

And when I got into it, it was a huge FOMO, like, "Get in now.

Ethereum's a dollar, and it's like $100, 200." It was like, oh my God, is this real? And every day we're seeing the numbers go, and I'm, I'm telling my sister, "You, we got to get in this, like before it's too late." And when it hit like over a thousand, I'm like, we're really in something serious.

Like, this is amazing.

Um, and so I feel like when I first started, like I mentioned, that Bitcoin, that negative connotation kind of s- pushed me away from it.

Getting educated on the technology behind it and not just looking for like random coins and c- gambling and gett- kind of getting stuck on the meme coins and just looking into the main coin.

It has a strong technology that you need to kind of look into the back end and why it's important instead of getting on the bandwagon of let's make some quick money, and then, uh, you can have a bad experience with that.

So like you mentioned, it's very important not to go that route, but learn about it, see how it works, start small.

I tell people in my chat, um, where I live broadcast weekly, dollar cost average, like little bit here and there just to kind of see what it does, and you can go from there in trusting it and learning how it works versus just dumping a lot of money and expecting you're going to get this huge return.

That's not really realistic anymore, at least right now.