Is Crypto Dead?

Is it the end of crypto? Cryptocurrency has always been volatile. However, 2022 has seen the most unpredictable changes in the prices of popular cryptocurrencies. In fact, some crypto companies are facing bankruptcy because of the plunge in prices. What caused the downturn? Will the crypto market ever recover? Listen to this insightful conversation between Russ, Joey, and their guest, Bob Burnett.

Also known as “Bitcoin Bob,” he is the founder and CEO of Barefoot Mining, a company focused on developing “horse-class” mining sites. Bob is a vocal proponent of expanding diversity in Bitcoin mining site geography, scale, and energy sources. He has founded several companies in the Bitcoin mining space and is an evangelist and educator for Bitcoin and its importance to the world’s future.

Top 3 Things You’ll Learn:
Updates and trends in the crypto space
Ways to use Bitcoin to create passive income
Three places where you can store your Bitcoin securely

About Our Guest:
Bob Burnett is the founder and CEO of Barefoot Mining, a company focused on developing “horse-class” mining sites. He is a vocal proponent of expanding diversity in Bitcoin mining site geography, scale, and energy sources. Bob has spent over 35 years as a technologist, including 13 years at Gateway, Inc., a Fortune 200 personal computer company, where he led the company’s product development efforts as Chief Technical Officer. Bob has founded several companies in the Bitcoin mining space and is an evangelist and educator for Bitcoin and its importance to the world’s future.

Connect with Bob Burnett:
Website - https://www.barefootmining.com/

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5:44 - Is this the fall of crypto?
9:07 - Is crypto ending because of FTX and blockfi, or what's your appetite at this point?
11:15 - My understanding was that the technology behind Ethereum was the technology of the future which gave me this warm and fuzzy feeling that there's utility and stability in that currency. What would you say to that? What am I missing?
18:19 - What's happening with Bitcoin? Do you think its price is mostly impacted by all of this craziness that's going around, or are there other factors in play that we don't know about?
27:12 - How do I create passive income that will free me from my 9 to 5? What are some ways that you have used Bitcoin to do that, or does it exist?
29:26 - Besides mining, is there any other way people utilize Bitcoin for passive income?
32:49 - Where do people store these assets that are not necessarily controlled by someone else?
38:48 - Would you have taken back by where we've gone in price within all of these assets?

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www.wealthwithoutwallstreet.com/podcast/is-crypto-dead-with-bob-burnett

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