How to keep your Bitcoin safe & Bitcoin vs Altcoins with Mahin Gupta
First published
02/16/2023
Genres:
business
Listen to this episode
Summary
For bitcoin news, resources, price updates and bitcoin mastery videos, sign up for free at https://21towers.com. In this episode, I have a conversation with Mahin Gupta, founder of Lmnl, a digital asset custody company and ex founder of India's first crypto exchange, Zebpay. We discussed Bitcoin vs altcoins, the FTX contagion, the risks of investing in Bitcoin and more. Chapters 00:00 Introduction 04:20 Is history going to repeat itself in bitcoin's price 05:35 Price predictions 08:18 Among the first few people in bitcoin 09:43 Lessons from FTX contagion 10:53 Lesson 1 - Not your keys, not your coins 12:55 Can you use Binance for custody 13:20 When should you use a custodian 15:36 Lesson 2 - Don't trust anyone 15:45 Lesson 3 - New technologies are volatile 18:55 Infrastructure inversion 20:21 Your background 21:08 Bitcoin vs altcoins 24:12 DeFi, NFTs and Ethereum 24:52 Bitcoin vs altcoins as an investment (not financial advice) 26:15 Why is bitcoin risky 29:39 Are you comfortable investing in bitcoin 30:34 Regulatory risks 32:15 What is Lmnl 34:09 Lmnl's target audience 37:27 Are you regulated 38:47 How is Lmnl better than others 39:14 Making Lmnl easy for clients 42:19 Funding by famous VCs 44:09 How are your VCs reacting to the bear market 45:43 Who are your existing customers 46:33 Future plans 48:54 Geeking on halving and game theory 50:34 No panic calls in this bear market If you want to learn about bitcoin or ask us questions, sign up for free at https://www.21towers.com. Telegram: https://t.me/btc21towers 21Towers Podcast: YouTube: https://youtube.com/playlist?list=PLBnIgIKJjojCojJveevdjMWTRfkvsJ94t Apple Podcast: https://podcasts.apple.com/sg/podcast/21towers/id1560959546 Spotify: https://open.spotify.com/show/6X2WkOg74tVQLo0C182aNv Social Media: Twitter: https://twitter.com/21towersbitcoin
Duration
53 minutes
Parent Podcast
Sunny Bitcoin
View PodcastSimilar Episodes
92: David vs. Goliath with Sunny Ray
Release Date: 02/06/2022
Description: Sunny Ray is the host of two podcasts and a cofounder of one of India’s largest cryptocurrency exchanges UnoCoin. He tells us a David vs. Goliath type of story (little takes on the big) wherein his company fights for the right to have banking services for Unocoin in India. Sunny has been a long time supporter and participant in people and businesses building on bitcoin. The conversation broaches into “Why Bitcoin vs. everything else”, NFTs, and freedom in general. Sunny Ray Social Links - https://twitter.com/SunnyRayShow - https://patreon.com/sunnyrayshow - https://sunnyray.com (00:00) - Introduction (01:35) - Sunny, Unocoin, and the fight for Bitcoin in India (09:47) - The Media, and Bitcoin vs other cryptocurrencies in India (15:01) - Sunny's Bitcoin story, and the origin of Unocoin (30:02) - The dynamics of working out of both Canada and India (38:00) - Sunny's evolution into believing that Bitcoin is the one coin (52:51) - Talking about NFTs (58:16) - Summarizing Sunny's career, and various opportunities (1:03:15) - Sunny's experience in Ottawa, and the 'Love and Freedom Show' (1:18:00) - Closing Thoughts Edited and Mixed by Kaushik Sethunath. Go Full Crypto Social Links Website: https://GoFullCrypto.com Keegan Francis' Newsletter - http://keeganfrancis.substack.com/ Keegan Twitter - https://twitter.com/CryptoKeegan Mrugakshee Instagram - https://www.instagram.com/mrugakshee/
Explicit: No
45: Android Oreo, Essential Phone, and more!
Release Date: 08/24/2017
Description: Welcome! I know this week is later than normal. We were planning on not recording, but there was just too much news to discuss. We spoke on Tuesday, but with my busy schedule, I wasn't able to edit the podcast until late Wednesday night. Sunny and I talked about Android Oreo, the Essential Phone, Bitcoin market places support Ethereum, YouTube TV is expanding, and some person news from myself and Sunny. You can read the full show notes on Digital Bounds. If you want another podcast or newsletter check out Gadget Smart. Gadget Smart is a newsletter and podcast covering bite-sized gadget reviews. Check out Gadgetsm.art! Don't forget to rate us on Apple Podcast or on Google Play Podcast. Follow us on Twitter; @sunnysinghio and @leonhitchens
Explicit: No
50: Pixel Bitcoin Surface Book and More
Release Date: 10/26/2017
Description: What's up? This is episode 50! Sunny and I sat down to talk about him getting the Pixel 2 XL and all the Pixel 2 XL hardware problems. We also talk about Bitcoin hitting $6,000, the Surface Book 2 and the Windows 10 fall creators update, along with the iPhone X. During our personal news, I mentioned a game on the Nintendo Switch, that game is Stardew Valley. Read all the show notes on Digital Bounds, where I include links to relvant articles.
Explicit: No
Similar Podcasts
Sunny Ray Show
Release Date: 08/17/2020
Authors: Sunny Ray
Description: This podcast explores important topics such as bitcoin, AI & robotics. Sunny is an Engineer + Entrepreneur who is looking to make the world a better place. He spent nearly 10 years in robotics and 8 years in bitcoin He sits down with thought leaders from around the world to explore important topics that are at the forefront of social and economic change.
Explicit: No
Bitcoin News Today
Release Date: 08/20/2020
Authors: amit kumar
Description: Bitcoin News in hindi - Big Update about bitcoin,Bitcoin News, bitcoin rate falls, bitcoin price, bitcoin exchange, bitcoin market, bitcoin rate today
Explicit: No
The Yellow Light
Release Date: 03/19/2022
Authors: Varrun Mehra
Description: For a bright sunny and not so sunny days!!
Explicit: No
Teen Bitcoin
Release Date: 04/28/2021
Authors: Astrid
Description: Astrid takes younger listeners on an explorative journey through the Bitcoin multiverse interviewing famous Bitcoiners, anonymous crypto traders, teenage nomads and Bitcoin millionaires. The show aims to assist teenagers in finding the best tools, products and hacks to get into bitcoin, buy bitcoin, earn bitcoin, store bitcoin safely and live on bitcoin.
Explicit: No
Tucson Bitcoin Podcast
Release Date: 01/21/2021
Authors: Tucson Bitcoin
Description: Tucson Bitcoin is a podcast to help educate people on what Bitcoin is. Bitcoin is freedom.
Explicit: No
Sunny DJ
Release Date: 08/12/2020
Authors: Sanny Jatav
Description: Sunny sunnySssssdSssssdSssssdSssssdSssssdSssssd
Explicit: No
Sunny Monta
Release Date: 08/13/2020
Authors: sunny I love you 22g
Description: Sunny Monta
Explicit: No
Privacy Talk mit OrangedMike
Release Date: 05/13/2022
Authors: TrustBTC
Description: In diesem Podcast dreht sich alles über Bitcoin, Bitcoin Privacy und Privacy im allgemeinen.Unterstütze TrustBTC🧡 Bitcoin: https://trustbtc.org/spenden
Explicit: No