E182: A Deep Dive into Cryptocurrency and Bitcoin with Dan Nunney

Mar 18, 2022

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Some claim that the crypto market is the only free and open market in the world, and that there’s no doubt it’s going to stay in the next 10 to 15 years. But with everything happening in our world today, should you be investing in Bitcoin right now?

In this conversation, entrepreneur and Bitcoin investor, Dan Nunney takes a deep dive into the Bitcoin space and everything you need to know about the world of cryptocurrency. If you’re looking to expand your investment portfolio, Bitcoin may just be a great alternative if you’re looking for liquidity and stability in the long term.

Here are some power takeaways from today’s conversation:

[01:25] Dan’s career background

[04:53] The riches are in the niches

[07:31] The differentiator in the customer service space

[12:13] Transitioning from lawyer to golf cart seller

[14:05] Dan's introduction to Bitcoin

[16:45] What backs Bitcoin

[19:18] Understanding the short-term volatility and long-term stability

[22:35] The future of Bitcoin

[28:47] The two biggest concerns about Bitcoin that have been alleviated last year

[36:13] Investing in Ethereum vs. Bitcoin

[40:30] On Bitcoin becoming a reserve currency asset

[42:46] Thoughts on the NFT market and the metaverse

[48:47] The Bitcoin micro tribe

Notable quotes from the Episode:

“What backs it is the strongest computer network in the world… People basically will put money into the Bitcoin network. And as more people buy it, it becomes more valuable as more people hold it and don't sell it."

"Every single thing in the world runs on the internet now."

"The entire crypto space is going to grow probably 100x in the next 10 to 15 years.”

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Website: www.golfcartgarage.com

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