186: Bitcoin & Altcoins with CoinFlip CEO Ben Weiss

One of our most requested topics on ILAB is for cryptocurrency, since we've ton a couple episodes on Bitcoin already we decided to focus more on Altcoins. Derek talks with CoinFlip CEO Ben Weiss to look beyond Bitcoin and see what coins may be worth investing in. Then Sam and Derek give their takeaways, what they're currently holding for cryptocurrency and where they see the future of the crypto market heading. CoinFlip’s mission is to give the world quick, easy, and secure access to the benefits of cryptocurrency. We believe that cryptocurrency provides an inclusive financial system, which puts individuals' needs first. CoinFlip believes that bitcoin and blockchain technology have the ability to serve everyone. Since 2015, CoinFlip has empowered those left out by the traditional banking system to join an innovative and inclusive global economic system. With low fees, the largest network of Bitcoin ATMs, and the most reliable customer support, CoinFlip is the best way to purchase and sell cryptocurrency. Kickstart your crypto investment journey today! Listen to ILAB 186 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdk Sam Marks – Ukraine / IG @imsammarks Derek Spartz - Ukraine / IG @DerekRadio Sponsor: Fundrise Fundrise makes investing in private real estate as easy as investing in stocks, bonds or mutual funds. Get started in just a few minutes at Fundrise.com/LikeaBoss Support Invest Like a Boss: Join our Patreon Discussed: CoinFlip Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 07:34 – What got you started in crypto? 10:41 – How do you differentiate “good” coins from “bad” coins? 12:34 – Can you talk about Ethereum? 15:50 – What do you think about litecoin? 17:56 – What are your thoughts on DogeCoin? 21:13 – What do you see in the future for the entire crypto market? 23:00 – Do you think any of the newer coins take over bitcoin? 26:41 – What kind of regulation do you think the government will put in place? 28:01 – What do you think about the energy consumption that mining takes has an effect on climate change? 32:15 – Is there any new technology that might benefit bitcoin in the future? 35:39 – Can you tell us about CoinFlip and the ATM network? 37:23 – Sam and Derek review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.