Note: Recorded may 8, 2021
Cryptocurrency is a highly volatile, rapidly changing, risky new industry. The content shared in this episode does not constitute financial advice and is for informational purposes only.
In This Episode, You Will Learn:
- Why is cryptocurrency revolutionary?
- Inflation's relationship to cryptocurrency
- How cryptocurrency works – and why it's the wave of the future
- The difference between centralized and decentralized cryptocurrencies
- Warning for Dogecoin investors
- What bitcoin actually is
- What HODL means
- Behman's investing strategy
- Understanding the mining process
- Understanding digital wallets
- The importance of 2-factor authentication
- How to minimize your chances of getting hacked
- Where to get a 'hard wallet'
- What a seed phrase is
- Why you might want to become your own custodian of your crypto coins
- A tip for safely sending bitcoin to someone else
- The importance of BTC to alt-coin ratios
- What is a block reward?
- What is block halving?
- And more!
Some Questions I Ask:
- Why is cryptocurrency so revolutionary?
- Isn't cryptocurrency just speculation? If not, why not
- Will the US Government ban Bitcoin?
- Will quantum-computing threaten cryptocurrencies?
- Will another crypto currency dethrone Bitcoin?
- What do you look for when investing in 'alt-coins'?
- How do you go about investing in cryptocurrencies?
- What are digital wallets? Where can you get them?
- Don't exchanges defeat the purpose of decentralized finance (aka defi)?
- How do you evaluate new crypto coins?
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Who Is Behman Zakeri?
Behman is a serial entrepreneur who started his first business at 16 years old. His businesses include trading cards like Pokémon, Magic the gathering cards and sports cards, collectibles, gold & silver, plus some entertainment businesses like his axe throwing facility and escape rooms. He’s also involved in commercial real estate and very passionate about cryptocurrency.
He bought his first 10 Bitcoins in 2013 for $120 each and became obsessed with the concept of a new and decentralized form of digital money built by the people, for the people. He has continued to self educate himself and stay active in the Bitcoin & crypto community making appearances on podcast/radio shows, TV, YouTube, and also appearances at conventions like Freedom Fest and the Bitcoin Superconference. He’s known for his nickname in the Bitcoin community as “Bitcoin Beamer”.
He currently is making his debut into the knowledge business and plans to mentor the next generation of entrepreneurs with a focus on the underprivileged.
Connect With Behman
Pete's Take...
When I first got bit by the crypto-bug, I began reaching out to everyone I knew to find someone who could mentor me in this wild new technology. When Behman answered a question I had on Facebook, I asked if he wouldn't mind jumping on the phone for a 15 minute meeting which he accepted. But, on the call, Behman kept sharing without filter for over 2 hours! And not only that, but he invited me to join him for an entire afternoon at his gold dealership to continue talking about it. When I asked him why he was so willing to do that, he said, (paraphrasing) "Because I feel like you'll share this with others. And that's what I want to do. I want to help impact others with this hard earned knowledge." A few days later, I drove out to meet with him and recorded over 7 hours worth of content! I'm so grateful I found Behman – and that I can amplify his knowledge on this podcast with you. To the moon!
Impact Players Wanted
Do you care deeply about helping other people? Do you have a calling for something even greater? Do you want to live life to the fullest? Do you feel like you get in your own way too much? Do you feel like you've hit a glass ceiling and can't break through? If so, then...