79: Everything you need to know about cryptocurrency for beginners with Stephen Olmon

Stephen Olmon is a business development executive, investor,
writer, and was formerly a consultant at KPMG. His current
company, SimpleLTC, was acquired in 2016 after seeing significant
revenue growth during his tenure. He is passionate about all
things finance - he loves the ins and outs of traditional
investments, is a self-taught cryptocurrency investor, and is
currently writing a book on personal finance. Stephen loves
disruption in any market and wants to be at the forefront of that
disruption whenever possible. Stephen, his wife Jennifer, and
soon-to-arrive daughter are based in Dallas, TX.


Stephen is a childhood friend that I've recently re-connected
with and it was awesome to have him on the show talking about two
of his favorite subjects; finances and crypto. As crypto is
becoming more popular, it's important to understand what it is,
how it could shape the future, and how to safely get involved.


Here are just some of the things we covered in this episode:


What is cryptocurrency and blockchain?

Is there a bubble?

What can crypto and blockchain technology be used for?

You've bought cryptocurrency before, you just didn't realize
it!

You first steps to get into crypto and some general advice

Some pointers on how to choose what to invest in

Stephen tells us how much money he has made in crypto (no not
really, but kind of)

Mistakes that Kylon has made in the crypto-verse

Crypto terminology

And much more!

Resources

Below are several resources, links and tools relating to crypto.
Everything from early beginnings to who to follow in the space.
Early Beginnings

NSA Document “The Cryptography of Anonymous Electronic Cash”,
1996 


Weidai’s theoretical b-money (referenced in Bitcoin white paper)


Original Bitcoin White Paper


Ethereum White Paper
Updates and News

Coindesk


Coin Market Cap


Coinbase Blog
Recent Thought Leadership

Bruce Fenton speaking on “Bitcoin as the Global Reserve Currency”


Maria Bustillo’s “You Don’t Understand Bitcoin Because You Think
Money Is Real”


Ari Paul of BlockTower Capital speaks on the value of
cryptocurrency (11/27/2017)


Blockchain and Online Marketplaces
Blockchain

Don Tapscott’s TED talk on “How Blockchain is changing money and
business”


How Blockchain Works illustrated by Israth Elona
Investing

Coinbase - #1 platform for retail investors


Coinigy - #1 crypto trading and analysis platform


www.coinigy.com


Intro to Crypto Investing and Analysis by BTCKYLE


How to profit in the new cryptocurrency economy by Rocky Darius
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