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#281 - Crypto, DeFi, & NFT Talk with Sean of Invest with Fire
Manage episode 447446005 series 3611532
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We go at it for an hour in the world of Bitcoin's new time highs with the new ETF that just launched.
We talk about DeFi and how companies like Blockfi and Celsius are changing the game and creating financial products on top of the blockchain.
We get into cryptocurrencies.
We talk about an NFT purchase where I made a 10,000% annualized rate of return (see it at https://www.tiktok.com/@brooksconkle/... )
We discuss NFTs and their multiple uses and the future of NFT projects.
Skip to the Good Stuff...
0:00 - Meet Sean
3:20 - Why did crypto drop in price?
5:50 - Bitcoin ETF and new high price
10:07 - What the heck is DeFi?
17:00 - What to look out for with DeFi?
19:18 - What is a cryptocurrency and why so many?
25:45 - Great example of the Bitcoin lightning network
27:47 - NFT Talk!
34:00 - NFTs are more than art
37:30 - my NFT purchases (1 sold for a 10,000% annualized return!)
48:49 - NFT horse racing
56:24 - Doge to the moon!
To follow Sean, check out his channel here: https://www.youtube.com/c/InvestWithF...
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