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Andreas Antonopoulos

๐Ÿ‘ค Speaker
200 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
796: Crypto: Kim Jong-un Crypto Funded Nukes vs. Billions Out of Poverty

I think that's dangerous.

SaaS Interviews with CEOs, Startups, Founders
796: Crypto: Kim Jong-un Crypto Funded Nukes vs. Billions Out of Poverty

It behaves very much like a penny stock at the moment, and most people are not equipped to handle volatile investments like that, should probably limit it to a very small part of their portfolio.

SaaS Interviews with CEOs, Startups, Founders
796: Crypto: Kim Jong-un Crypto Funded Nukes vs. Billions Out of Poverty

Well, first of all, my primary advice is don't buy crypto, earn it.

SaaS Interviews with CEOs, Startups, Founders
796: Crypto: Kim Jong-un Crypto Funded Nukes vs. Billions Out of Poverty

So the interesting thing about this is that this is an online digital economy with the participants around the world.

SaaS Interviews with CEOs, Startups, Founders
796: Crypto: Kim Jong-un Crypto Funded Nukes vs. Billions Out of Poverty

If you sell a product or service that you have, especially if you sell it internationally, but even locally, if you cut hair, cut hair for Bitcoin.

SaaS Interviews with CEOs, Startups, Founders
796: Crypto: Kim Jong-un Crypto Funded Nukes vs. Billions Out of Poverty

If you drive a taxi, drive a taxi and accept tips in Bitcoin and Ether or whatever it may be, whatever service.

SaaS Interviews with CEOs, Startups, Founders
796: Crypto: Kim Jong-un Crypto Funded Nukes vs. Billions Out of Poverty

skill you have, graphic designers, music artists, software engineers, marketing managers, all of these professions, accountants can earn Bitcoins as a living.

SaaS Interviews with CEOs, Startups, Founders
796: Crypto: Kim Jong-un Crypto Funded Nukes vs. Billions Out of Poverty

I earn the majority of my income directly in cryptocurrencies and have done so for three years.

SaaS Interviews with CEOs, Startups, Founders
796: Crypto: Kim Jong-un Crypto Funded Nukes vs. Billions Out of Poverty

So I don't buy them.

SaaS Interviews with CEOs, Startups, Founders
796: Crypto: Kim Jong-un Crypto Funded Nukes vs. Billions Out of Poverty

I don't invest in them.

SaaS Interviews with CEOs, Startups, Founders
796: Crypto: Kim Jong-un Crypto Funded Nukes vs. Billions Out of Poverty

So walk me through that.

SaaS Interviews with CEOs, Startups, Founders
796: Crypto: Kim Jong-un Crypto Funded Nukes vs. Billions Out of Poverty

Oh, it gets better than that.

SaaS Interviews with CEOs, Startups, Founders
796: Crypto: Kim Jong-un Crypto Funded Nukes vs. Billions Out of Poverty

Actually, the deal is much simpler.

SaaS Interviews with CEOs, Startups, Founders
796: Crypto: Kim Jong-un Crypto Funded Nukes vs. Billions Out of Poverty

It's X thousand dollars in Bitcoin and it's 20% more if you want to pay me by wire transfer because I'll have to talk to a bank to figure out what went wrong because almost always it goes wrong.

SaaS Interviews with CEOs, Startups, Founders
796: Crypto: Kim Jong-un Crypto Funded Nukes vs. Billions Out of Poverty

So I get paid very quickly in cryptocurrencies.

SaaS Interviews with CEOs, Startups, Founders
796: Crypto: Kim Jong-un Crypto Funded Nukes vs. Billions Out of Poverty

So I charge a 20% premium if you want to pay me in a national currency.

SaaS Interviews with CEOs, Startups, Founders
796: Crypto: Kim Jong-un Crypto Funded Nukes vs. Billions Out of Poverty

Oh no, I liquidate tokens on a monthly basis because for many of the things that I need to pay for, I can't pay for yet with cryptocurrencies.

SaaS Interviews with CEOs, Startups, Founders
796: Crypto: Kim Jong-un Crypto Funded Nukes vs. Billions Out of Poverty

Many I can.

SaaS Interviews with CEOs, Startups, Founders
796: Crypto: Kim Jong-un Crypto Funded Nukes vs. Billions Out of Poverty

But that's basically just cash flow for me.

SaaS Interviews with CEOs, Startups, Founders
796: Crypto: Kim Jong-un Crypto Funded Nukes vs. Billions Out of Poverty

So I just manage cash flow.