A 20-year-old man committed suicide because he read a 730 thousand dollar margin debt on his robin hood account and just didn't refresh over the overnight cycle. Byron: This is what happens when you give people powerful tools, whether it's related to their health, their finances or their family, and if they're not educated appropriately on it. You saw the worst possible thing play out. It wasn't even real. They thought they were in over their head. And i decided that that was significant enough of an event tat i was watching my piers and younger do exactly what you said. So i'm just not here on your pad.
Douglas A. Boneparth is the President at Bone Fide Wealth, Founder at CryptoDrip, and co-author of the book ‘Millennial Money Fix’.
Follow Douglas on his Twitter at https://twitter.com/dougboneparth, CryptoDrip at https://twitter.com/cryptodripxyz and know more about Bone Fide Wealth here: https://bonefidewealth.com/ Show Notes:
- Writing a book with your spouse
- "Killing your darlings"
- Humor as a marketing strategy
- Generating leads with Twitter and SEO
- Scaling a financial planning business
- Demystifying financial jargon
- Dealing with the 2020 crisis
- Doug's introduction to Bitcoin
- The Web 2.0/Web 3.0 bridge
- Crypto Drip: A coffee-based NFT collection
- Trusting the trust-less system
- Gamestop-AMC saga
- Responsibilities of a fiduciary
- Earning the Right to Invest
- How NOT to suck on Twitter
Books Mentioned:
- The Millennial Money Fix; by Douglas A. Boneparth and Heather Boneparth