54. Bitcoin EXPLAINED | What is Crypto Currency and How Does it Work?
Download the App and start investing! https://app.getbamboo.io/invest?referral=Welcome back to the Driven Young podcast and guys I am so excited to announce, today is my first ever sponsored episode.After 50 episodes, I have refused all sponsor offers as I am super careful with brands I want to promote. This is how I plan to use sponsors, rather than do a 30-second ad read, I prefer to bring on the founder or CEO and learn about their story and provide as much value as possible.So today I am joined by Blake, the CEO of Bamboo. Bamboo is a micro investments platform that allows anyone to seamlessly purchase digital assets, like Gold and Bitcoin. It's an easy, secure, and effective way to participate in this growing asset class. All you need is a mobile phone and a bank account to get started.So at the time of releasing this episode, bitcoin has been on fire and everyone wants to know more about cryptocurrency. Tesla recently invested $1.5 Billion into Bitcoin along with some other major companies. Hence why I wanted to bring on Blake, to deep dive into Bitcoin and Crypto.Today we get intoHow did Bitcoin originate?What is Bitcoin and crypto?The opportunity crypto presentsWhy it is so volatile?The difference between crypto and our current currencyInflationWhy bitcoin is like digital goldAnd so much more.If you are in Australia and want to get started investing in crypto, gold or silver, I highly recommend checking out get bamboo, they make it so easy for first-time investors to set up and start to dip their toes into the water. This is just as much a savings app as it is investing, think of it as a digital piggy bank. You slowly put away money over a long period of time. So if you want to start investing or create a better savings habit around your money, click the link in the description, sign up and you will get $10 for free, plus you will be helping me out as supporting the show at the same time, I personally use this app and love it so far.As per usual guys, feel free to DM or Blake on Insta if you enjoyed this episode, make sure you follow me on Instagram along with the Driven Young Instagram, anything you need is in the link in bio.I should quickly mention this episode is not financial advice in any way shape or form, as the information or advice is given does not take into account your particular objectives, financial situation or needs. You should, before acting on the advice, consider the appropriateness of the advice, having regard to your objectives, financial situation and needs. Bitcoin is HIGHLY volatile as we will mention in the episode.Check out Bamboo:Download the App and start investing! https://app.getbamboo.io/invest?referral=Follow Byron:Byrons Instagram: https://www.instagram.com/byron__dempsey/D.Y Instagram: https://www.instagram.com/drivenyoungpodcast/Tik Tok: https://vm.tiktok.com/J8a8hS3/FREE Ebook Download: https://drivenyoung.com/stocks-101/JOIN THE FACEBOOK GROUPSupport the show Hosted on Acast. See acast --- Send in a voice message: https://podcasters.spotify.com/pod/show/driven-young/message