Ep. 76: Crypto 101 – What You Need to Know Before You Buy

Is crypto confusing, intimidating, or just something you've been meaning to understand? In this foundational episode of Prosper in the Kingdom, Jon and Wendy break down cryptocurrency basics from a faith-informed, practical perspective. Whether you're crypto-curious or already dabbling, this episode offers a non-hype, beginner-friendly guide to understanding the opportunities, risks, and real-world applications of crypto assets.If you’ve ever wondered:What is blockchain and why does it matter?What’s the difference between Bitcoin, Ethereum, stablecoins, and utility tokens?Is cryptocurrency safe, biblical, or even wise to invest in?How can you get started without risking your life savings?What are hot wallets vs. cold wallets and how should you store your assets?How do taxes, scams, and regulation affect crypto?Then this episode is your Crypto 101 crash course—with the clarity, biblical wisdom, and caution you need before diving in.🔑 Key Topics CoveredWhat is cryptocurrency? Definitions, analogies, and biblical wisdomThe role of decentralized finance in an inflationary worldOverview of major coin types:Bitcoin (digital gold)Ethereum / Ether (smart contract platform)Stablecoins (pegged to the U.S. dollar)Transactional coins (XRP, XLM)Utility tokens (think arcade tokensMeme coins (Dogecoin, Shiba Inu, etc.)How to buy crypto:Exchanges (Coinbase, Gemini, Kraken)Brokerages vs. peer-to-peerPros and cons of cold wallets (e.g., Trezor) and hot walletsBiblical stewardship and financial discernment in the crypto spaceAvoiding scams, get-rich-quick traps, and “TikTok financial gurus”Using crypto wisely as part of a diversified wealth-building plan📖 Faith-Based PerspectiveAt Prosper in the Kingdom, we don’t chase hype—we seek wisdom. Jon and Wendy remind us that cryptocurrency, like any financial tool, is neutral. It’s not inherently good or bad—it’s how you steward it that matters.Drawing from Proverbs 13:11 and Deuteronomy 8:18, they emphasize that God gives us the power to get wealth, but that power must be rooted in stewardship, knowledge, and intentional action. Crypto may be one piece of your financial toolbox—but it's not the whole house.📌 Episode TakeawaysYou don’t need to be a tech expert to understand crypto—you just need to be teachable.Start small, stay cautious, and do your homework before investing.Crypto can be part of your kingdom-focused wealth strategy when handled wisely.Use discernment: if it sounds too good to be true, it probably is.Seek a balance between modern tools and biblical principles of stewardship.✅ Resources & Next StepsGet your FREE Financial Plan: Visit SafeMoneyRoadmap.com and mention the show to receive a customized roadmap for your financial future.Want more faith-aligned investing content? Let us know! Drop your crypto questions in the comments or DM us—John and Wendy are planning deeper dives in future episodes.Subscribe & Share: If this episode helped you, please subscribe, leave a review, and share with a friend who needs clarity around crypto.