Show notes
This week’s conversation revolves around the book 'Crypto Confidential' and explores author Nathaniel Eliason’s experience during the crypto mania.
From the moment he decided to go all-in on crypto and the impact it had on their personal life, Nathaniel delves into the mechanics of farming and the process of launching decentralized exchanges.
Enjoy insights deep insights from the crypto world including off-ramping, the risks and challenges of early wallets, the mindset of crypto whales, the experience of losing and making millions, the rise and fall of the Titan project, and the author's biggest win in developing a crypto game.
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Chapters:
(00:16:41) Going All-In on Crypto
(00:20:53) Exploring the Mechanics of Farming and Decentralized Exchanges
(00:26:35) The Role of Social Media in Spreading Information and Attracting Investors
(00:34:37) The Influx of Money into Crypto: Motivations of Investors
(00:35:22) Challenges of Off-Ramping Crypto and Early Wallets
(00:36:01) The Mindset of Crypto Whales
(00:41:13) Lessons from Losing Money in the Crypto World
(00:42:59) The Rise and Fall of the Titan Project
(00:52:42) The Author's Biggest Win: Developing a Crypto Game
(00:59:50) Choosing Fulfillment over Financial Success: The Decision to Focus on Writing
Links:
Crypto Confidential: Winning and Losing Millions in the New Frontier of Finance (https://www.amazon.com/Crypto-Confidential-Winning-Millions-Frontier/dp/0593714040)
Past guests on TMBA include Cal Newport, David Heinemeier Hannson, Seth Godin, Ricardo Semler, Noah Kagan, Rob Walling, Jay Clouse, Einar Vollset, Sam Dogan, Gino Wickam, James Clear, Jodie Cook, Mark Webster, Steph Smith, Taylor Pearson, Tommy Griffith, Justin Tan, Matt Gartland, Travis Jamison, Ayman Al-Abdullah, Tynan, Lucy Bella Simkins, Brian Balfour, Nick Huber, Mike Michalowicz, Greg Crabtree, Jordan Gal
Additional episodes you might enjoy:
Less Than 5% of Businesses Get to 1MIL+ - A Process to Reach the Goal (https://tropicalmba.com/episodes/process-to-reach-goal)
The 7 Most Common Money Mistakes for Bootstrappers (https://tropicalmba.com/episodes/7-money-mistakes)
Unlock Wealth Through Financial Fluency (https://tropicalmba.com/episodes/unlock-wealth-financial-fluency)