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Cracking Cryptocurrency
Manage episode 395687215 series 3514683
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In this technical episode of Bank Chats, Drew and Jeff get a crash course in cryptocurrency from Saint Francis University's, John Valkovci. What is cryptocurrency? How is Bitcoin 'mined'? What are the security risks of crypto? John reveals the answers to these questions and more in this information-packed episode!
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Credits:
An AmeriServ Financial, Inc. Production
Music by Rattlesnake, Millo, and Andrey Kalitkin
Hosted by Drew Thomas
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DISCLAIMER
This podcast focuses on having valuable conversations on various topics related to banking and financial health. The podcast is grounded in having open conversations with professionals and experts, with the goal of helping to take some of the mystery out of financial and related topics; as learning about financial products and services can help you make more informed financial decisions. Please keep in mind that the information contained within this podcast, and any resources available for download from our website or other resources relating to Bank Chats is not intended, and should not be understood or interpreted to be, financial advice. The host, guests, and production staff of Bank Chats expressly recommend that you seek advice from a trusted financial professional before making financial decisions. The host of Bank Chats is not an attorney, accountant, or financial advisor, and the program is simply intended as one source of information. The podcast is not a substitute for a financial professional who is aware of the facts and circumstances of your individual situation. AmeriServ Presents: Bank Chats is produced and distributed by AmeriServ Financial, Incorporated.
Chapters
1. Fast Fact (00:00:00)
2. Intro (00:00:28)
3. Meet John Valkovci (00:01:36)
4. The Purpose of Cryptocurrency (00:06:52)
5. Satoshi Nakamoto (00:09:07)
6. The IRS and Crypto (00:10:41)
7. Breaking Down Blockchain (00:11:22)
8. Why is Cryptocurrency Valuable? (00:17:59)
9. Halving (00:21:31)
10. Crypto Choices (00:23:44)
11. Same Concept Different Names? (00:25:59)
12. Exchanging One for Another (00:29:30)
13. Not Your Conventional Wallet (00:31:02)
14. Security Risks (00:34:13)
15. Buying a Car With Cryptocurrency? (00:40:23)
16. Crypto ATMs (00:42:03)
17. ETF (00:43:37)
18. The Future of Cryptocurrency (00:47:22)
19. Stable Coins (00:49:42)
20. Government-Created Digital Currency (00:52:08)
21. Stocks vs. Cryptocurrency (00:54:31)
22. FTX (00:59:57)
23. Wrap Up (01:02:43)
24. Disclaimer (01:03:28)
25. Final Thoughts (01:04:29)
26. Credits (01:04:58)
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