Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Michelle Lilly.

A cryptocurrency and blockchain educator and entrepreneur. Here's a summary of the key points discussed:

🎙️ Main Themes and HighlightsMichelle Lilly’s Background
Entered the cryptocurrency space in 2017.
Initially lost money in a scam but used the experience to educate herself.
Became the first African-American woman with a master’s degree in blockchain and digital currency from the University of Nicosia.

Understanding Cryptocurrency
Bitcoin is described as a protocol, not just a currency—used for value storage and transfer.
Ethereum is highlighted for its smart contract capabilities and utility.
Cryptocurrencies are a hybrid between stock and currency—they have utility like stock and liquidity like currency.

Why Bitcoin Has Value
Scarcity: Only 21 million Bitcoins will ever exist.
Deflationary: Bitcoin undergoes a “halving” every four years, reducing the rate of new coins.
Decentralization: Not controlled by any central authority, making it secure and transparent.

NFTs and the Metaverse
NFTs (Non-Fungible Tokens) are unique digital assets, often used for art and music.
Artists can sell directly to consumers and earn royalties on resales.
The metaverse is explained as a 3D version of the internet (Web 3.0), where users can own digital land and assets.

Empowering Underserved Communities
Michelle emphasizes the importance of African-American and female participation in crypto and blockchain.
Encourages people to educate themselves and not wait for permission to participate in new financial systems.

Practical Advice
You don’t need a lot of money to start investing in crypto.
Understanding the current financial system is just as important as learning about the new one.
Consistency, self-awareness, and openness to criticism are key to success.

#SHMS #STRAW #BEST

Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Michelle Lilly.
A cryptocurrency and blockchain educator and entrepreneur. Here's a summary of the key points discussed:
<hr>
🎙️ Main Themes and Highlights Michelle Lilly&rsquo;s Background
<ul>
<li>Entered the cryptocurrency space in 2017.</li>
<li>Initially lost money in a scam but used the experience to educate herself.</li>
<li>Became the first African-American woman with a master&rsquo;s degree in blockchain and digital currency from the University of Nicosia.</li>
</ul>
Understanding Cryptocurrency
<ul>
<li>Bitcoin is described as a protocol, not just a currency&mdash;used for value storage and transfer.</li>
<li>Ethereum is highlighted for its smart contract capabilities and utility.</li>
<li>Cryptocurrencies are a hybrid between stock and currency&mdash;they have utility like stock and liquidity like currency.</li>
</ul>
Why Bitcoin Has Value
<ul>
<li>Scarcity: Only 21 million Bitcoins will ever exist.</li>
<li>Deflationary: Bitcoin undergoes a &ldquo;halving&rdquo; every four years, reducing the rate of new coins.</li>
<li>Decentralization: Not controlled by any central authority, making it secure and transparent.</li>
</ul>
NFTs and the Metaverse
<ul>
<li>NFTs (Non-Fungible Tokens) are unique digital assets, often used for art and music.</li>
<li>Artists can sell directly to consumers and earn royalties on resales.</li>
<li>The metaverse is explained as a 3D version of the internet (Web 3.0), where users can own digital land and assets.</li>
</ul>
Empowering Underserved Communities
<ul>
<li>Michelle emphasizes the importance of African-American and female participation in crypto and blockchain.</li>
<li>Encourages people to educate themselves and not wait for permission to participate in new financial systems.</li>
</ul>
Practical Advice
<ul>
<li>You don&rsquo;t need a lot of money to start investing in crypto.</li>
<li>Understanding the current financial system is just as important as learning about the new one.</li>
<li>Consistency, self-awareness, and openness to criticism are key to success.</li>
</ul>
<hr>
#SHMS #STRAW #BEST

Hi, this is Rushion McDonald. Welcome to the podcast world of Money Making Conversations Master Class. I interview profits and nonprofits to learn their "Secrets to Success."  I'm a former IBM Executive with a degree in Mathematics. I started my entrepreneurial career as a stand-up comic, then became a sitcom writer, award-winning baker, social media influencer, award-winning television Executive Producer, and brand architect for super-successful celebrities and products. Money Making Conversations Master Class interviews a diverse group of celebrities, entrepreneurs, and influencers in the financial and business community with their advice and tips so you can be successful, too. It's time to stop reading other people's success stories and start building your own. People always talk about their purpose or gifts. If you have a gift, Lead with your Gift, and don't let your friends, family, or co-workers stop you from planning or living your dream. Keep Winning!

https://www.moneymakingconversations.com

https://www.youtube.com/MoneyMakingConversations

https://www.facebook.com/MoneyMakingConversations/

https://twitter.com/moneymakingconv

https://www.instagram.com/moneymakingconversations/

Hi, this is Rushion McDonald. Welcome to the podcast world of Money Making Conversations Master Class. I interview profits and nonprofits to learn their "Secrets to Success."  I'm a former IBM Executive with a degree in Mathematics. I started my entrepreneurial career as a stand-up comic, then became a sitcom writer, award-winning baker, social media influencer, award-winning television Executive Producer, and brand architect for super-successful celebrities and products. Money Making Conversations Master Class interviews a diverse group of celebrities, entrepreneurs, and influencers in the financial and business community with their advice and tips so you can be successful, too. It's time to stop reading other people's success stories and start building your own. People always talk about their purpose or gifts. If you have a gift, Lead with your Gift, and don't let your friends, family, or co-workers stop you from planning or living your dream. Keep Winning!
https://www.moneymakingconversations.com
https://www.youtube.com/MoneyMakingConversations
https://www.facebook.com/MoneyMakingConversations/
https://twitter.com/moneymakingconv
https://www.instagram.com/moneymakingconversations/

Money Making Conversations Master Class

Money Tips: She initially lost money in a scam but educated herself in blockchain and digital currency. 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c66084c5-6221-4317-8ce6-b379008f9741/transcript