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Making Money

We need to talk about crypto - Financial writer Tom Rodgers

Apr 1, 2024
Financial writer and analyst Tom Rodgers discusses the value of cryptocurrencies like Bitcoin and Ethereum, their role in investments, and the risks associated with investing in them. He explores the impact of including crypto in investment portfolios, the significance of scarcity in assets like gold and Bitcoin, the influence of figures like Vitalik Buterin and Elon Musk, and the emotional journey of crypto investments. Rodgers also touches on entrepreneurship, website building, altcoin investments, and future speculations in the crypto space.
01:13:11

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Podcast summary created with Snipd AI

Quick takeaways

  • Investing in Bitcoin or Ethereum can effectively double returns over seven years with a small 2% allocation in a 60-40 portfolio to maintain balance.
  • Bitcoin and Ethereum serve as revolutionary alternatives to traditional banking, with Ethereum enabling global online marketplaces and token creation on its network.

Deep dives

The Impact of Crypto in Investment Portfolios

Investing 2% of a classic 60-40 portfolio in Bitcoin or Ethereum effectively doubles returns over seven years, reducing it back to 4% to maintain balance.

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