How to Invest in Cryptocurrency as a Professional to Build Wealth with Marc Boiron CEO of Polygon Labs
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Not another real estate investor talking about crypto'. I get it. I'm a real estate investor first and foremost - but it just so happens that my brother Marc Boiron is one of the greatest minds in the blockchain/cryptocurrency space. Since I've never been interested in crypto myself, I sat down with him and we discussed why someone investing in real estate would be interested in this. This is an excellent episode for anyone interested in learning about crypto without the hype or the sales pitch, and an excellent episode for anyone in the crypto space to share with their real estate or traditional investment friends as an introduction
Listen now to learn more about cryptocurrency, blockchain technology, and what you need to know before you make decisions to invest in them!
Key Talking Points of the Episode
00:00 Introduction
03:30 What is Marc’s background?
04:41 What does Polygon Labs do?
07:20 Where did the idea of cryptocurrency come from?
10:32 Why would you use Bitcoin as a form of currency?
13:36 How do Bitcoin transactions work?
18:39 What are the other purposes for Bitcoin?
20:04 Why will the demand for Bitcoin continue to increase?
23:20 What do most financial advisors recommend to invest in?
25:51 What factors do you need to consider when investing in Bitcoin?
32:47 How does borrowing against Bitcoin work?
34:05 What is defi in cryptocurrency?
37:46 How easy can it be to borrow against cryptocurrency?
40:01 How do interest rates move in cryptocurrency?
43:22 What other options do people have when investing in cryptocurrency?
47:48 What is the difference in the risks between holding and staking cryptocurrency?
51:07 What does the future look like for cryptocurrency in real estate?
58:14 What is Polygon Labs focused on today?
59:46 What would the future look like for cryptocurrency in general?
Quotables
“Unless every government in every country can collectively do that at once, the Bitcoin network is going to continue to exist.”
“The original cryptocurrency really served two purposes – potentially money and potentially the stored value, but frankly, there’s so many cryptocurrencies and that’s not what they all do.”
“As much as it is, in my opinion, the area that actually gives us the brightest future when it comes to security and potential, it’s also the area that has the most scams you could possibly imagine right now.”
Links
Website: Bliss
Twitter/X: Marc Boiron
Twitter/X: Polygon Labs
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