In this week's episode of Money Talk with Skyler Fleming, we dive into the world of cryptocurrency for the first time. Special guest Jacob Frantz, co-founder and CEO of Sensible, joins the show to explain the basics of cryptocurrency, the differences between traditional bank accounts and crypto, and why crypto can seem so complex. The discussion also covers various aspects like mining, staking, and the importance of understanding volatility in crypto investments. Jacob shares valuable insights on how Sensible offers a high-yield account for cryptocurrency, highlighting its benefits and how it operates. For those new to crypto or looking to expand their knowledge, this episode provides a comprehensive guide to understanding and navigating the crypto landscape.
00:00 Introduction to Crypto with Jacob France02:38 Understanding Cryptocurrency and Blockchain03:50 Differences Between Digital Bank Accounts and Crypto08:18 Investment vs. Speculation in Crypto13:13 Crypto Volatility and Emotional Management17:39 Crypto Mining and Staking Explained22:58 Introducing Sensible: High-Yield Crypto Accounts27:36 Final Thoughts and Practical Advice37:00 Conclusion and Next Steps
The money talking points for this week are:
- How can you use cryptocurrency in your portfolio?
- Why would or wouldn’t saving money through crypto in a savings account be a good idea?
- How do you manage to keep tabs on crypto without feeling fomo?
Find Jacob online at holdsensible.com and use code “Money Talks”
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"Upbeat Forever"Kevin MacLeod (incompetech.com)Licensed under Creative Commons: By Attribution 3.0http://creativecommons.org/licenses/by/3.0/
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"Upbeat Forever" Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 http://creativecommons.org/licenses/by/3.0/
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