Aside from the fact that cryptocurrency has lost its luster in recent years, it also has a host of other problems. First of all there’s the climate issue since crypto requires a ton of energy. Then there’s the trust issue because without trust you don’t have widespread adoption and what good is crypto if there isn’t a critical mass of users? And then on top of that you add the recent developments of Sam Bankman-Fried’s conviction of stealing billions of dollars from customers at FTX. Knowing that money laundering and wire fraud were being committed… that doesn’t build trust! Every transaction seems like a scam waiting to happen, and few folks know this better than our guest Zeke Faux. We’re lucky to be joined by Zeke as he has documented the rise and fall of crypto over the past few years in his new book Number Go Up, which took him everywhere from El Salvador, to Cambodia, and ultimately SBF’s penthouse in the Bahamas.



Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances:
Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.
Sign up for the weekly HTM newsletter. It’s fun, free, & practical.
Join a thriving community of fellow money in the HTM Facebook group.
Find the best credit card for you with our new credit card tool!
Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.



During this episode we enjoyed a Desert Fog by Marble Brewery- a big thanks to Bob for donating this one to the pod! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!



Best friends out!

Aside from the fact that cryptocurrency has lost its luster in recent years, it also has a host of other problems. First of all there’s the climate issue since crypto requires a ton of energy. Then there’s the trust issue because without trust you don’t have widespread adoption and what good is crypto if there isn’t a critical mass of users? And then on top of that you add the recent developments of Sam Bankman-Fried’s conviction of stealing billions of dollars from customers at FTX. Knowing that money laundering and wire fraud were being committed… that doesn’t build trust! Every transaction seems like a scam waiting to happen, and few folks know this better than our guest Zeke Faux. We’re lucky to be joined by Zeke as he has documented the rise and fall of crypto over the past few years in his new book Number Go Up, which took him everywhere from El Salvador, to Cambodia, and ultimately SBF’s penthouse in the Bahamas.
 
Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances:
<ul>
<li aria-level="1">Knowing your ‘money gear’ is a crucial part of your personal finance journey. <a href="https://www.howtomoney.com/start-here/">Start here.</a> </li>
<li aria-level="1">Sign up for the weekly <a href="https://www.howtomoney.com/newsletter/">HTM newsletter</a>. It’s fun, free, &amp; practical.</li>
<li aria-level="1">Join a thriving community of fellow money in the <a href="https://www.facebook.com/groups/1623670287732189">HTM Facebook group.</a></li>
<li aria-level="1">Find the best credit card for you with our new <a href="https://www.howtomoney.com/creditcards">credit card tool</a>!</li>
<li aria-level="1">Massively reduce your <a href="https://www.howtomoney.com/choosing-the-best-cheap-cell-phone-plan/">cell phone bill</a> each month by switching to a discount provider like Mint Mobile.</li>
</ul>
 
During this episode we enjoyed a Desert Fog by Marble Brewery- a big thanks to Bob for donating this one to the pod! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and <a href="https://podcasts.apple.com/us/podcast/how-to-money/id1337718773?mt=2">give us a quick review in Apple Podcasts</a> or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!
 
Best friends out!

Best friends Joel and Matt are the co-hosts of How to Money which is all about providing the knowledge & tools that normal folks need to thrive in areas like debt payoff, DIY investing, and crucial money tricks that will provide continuous help along your journey. We believe that access to unbiased and jargon-free personal finance guidance is more necessary than ever before. When you handle your money in a purposeful, thoughtful way that works for your lifestyle, you can really start living a rich life.

How to Money

Crypto’s Wild Rise and Staggering Fall w/ Zeke Faux #746

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/75926705-3218-4b9b-9d2f-b0b301570007/transcript

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