Miscellaneous
Friend of the show Terp joins Andy and Aaron to discuss a brief history of currency, the rule of 72, the basics of cryptocurrency, what it means to “mine,” Terp’s mining venture, Terp sends Andy a Litecoin in real time, tax implications, volatility, risks, how to avoid a scam if you’re interested in mining, and more!(Note 1: Apologies for missing our most recent biweekly episode; we had some issues with our audio files and they weren’t recoverable.)(Note 2: We mentioned that no crypto exchange traded fund is available. While true in the U.S., crypto ETFs do exist internationally; Terp mentions one called Grayscale. See the “How to” link below.)Audio outro: Foo Fighters, “Ballad Of The Beaconsfield Miners”Links:CoinbaseHow To Buy A Bitcoin ETFIMDB: Banking on Bitcoin documentarySatoshi paperInvest Like the Best: Hash Power podcast episodesSend us an email! moneyandthemind@gmail.com