Epi. 85 - "Get Your Shovels Ready, We're Mining Bitcoin"

A week after having Travers Beynon join the boys, they were intrigued about how they would be with that kind of money.


How hard can it really be to mine Bitcoin??

A week after having Travers Beynon join the boys, they were intrigued about how they would be with that kind of money. This isn't the typical "I won the lottery money", this is the kind of money you've worked hard for your entire life, and it keeps making more for you, money.


Kevin thinks realistically that he would keep reinvesting the money because his fear is not having money when he retires, and having to work at Lowe's or Walmart till he dies. Sully thinks he'd maintain a similar lifestyle to what he has now, but enjoy some of the finer things that money can bring. Kevin would probably splurge on a huge in ground pool with rocks and such, and he would definitely have a grotto. Sully brings up bitcoin, which Kevin hates, just to get Kevin going. Kevin thinks bitcoin are worth absolutely nothing, because today it could be "worth" X dollars, and tomorrow it could be worth nothing, depending on what people "say" its worth. The other problem he talks about is the process to mine bitcoin. While it's not only expensive, it takes a big ass computer to do it, and A LOT of time. Kevin's advice to people, don't buy bitcoin. There's too much risk. The boys have some fun talking about all this and more in their latest episode.


#miningbitcoin #bitcoin #whatisbitcoinworth #buildingwealth #financialfreedom #howtosaveforretirement #retirementinvestments

Interested in sponsoring an episode with us?

Click Here.

  • Hellbound with Halos iTunes Link
  • Hellbound with Halos Spotify Link
  • Hellbound with Halos Podcast RSS
  • Hellbound with Halos Facebook
  • Facebook Group
  • Hellbound with Halos Instagram
  • Hellbound with Halos Podcast Twitter

Group

Interact with us!
Rate Us!Not a FanCould be BetterGoodGreatBest Podcast out there!Rate Us!

©2020 by Hellbound with Halos Podcast

A Production of VoiceCloud Productions, LLC

All Rights Reserved.