The Rentvesting Podcast | Smart Investor | Real Estate Investing Couch | Australian Property Talk
About This Show
If you're a property owner, investor or looking to get into the market this Podcast will help cut through the hype, look at the facts and draw on decades of experience to help you make smarter property decisions.
The Rentvesting Podcast is for Gen X and Y Property Investors. If you’re a property owner, investor or looking to get into the market The Rentvesting Podcast will help cut through the hype, look at the facts and draw on decades of experience to help you make smarter property decisions.
Each week Red & Co Director, and Award Winning Finance Broker Jayden Vecchio will unpack the facts behind the property market, explain what’s really going & where the market is heading. We have spoken to guests like Mark Bouris, Peter Switzer, Kevin Turner from Real Talk Podcast.
Are you ready to make better property decisions and learn to live where you want, but invest where you can afford? Tune into us via iTunes, Stitcher, Google Play or through https://www.therentvestingpodcast.com.au/ where you can see the Rentvesting Calculator.
Most Recent Episode
Should I Buy Bitcoin? Matthew Dibb from Astronaut Capital Tells Us About Risks
In this week's episode of the Rentvesting Podcast, we've got Matthew Dibb founder of Astronaut Capital in to talk to us about cryptocurrencies and investing in some of the landscapes. In this episode: We're looking into investing What are some of the risks An overview of the industry So tell us about your background and how you got into Bitcoin and all that sort of trading? I started from a finance background actually in Australia. So previously working for Macquarie Bank and then in a trading background for stockbroking. Naturally, looking at the market this cryptocurrency market over the last few years, we've just seen this enormous growth out of it. Previously had a lot of clients who were looking into getting exposure into it. You think about Bitcoin and you know it's gone from in the early days in 2008 when it launched. That was after the GFC. It went from prices from as low as you know a few dollars and now it's trading at $7,000+ AUD and that's all in the space of six or seven years basically. So I got into it I sort of fell into it as a natural progression from derivatives trading. And now what Astronaut Capital is doing is basically managing funds on behalf of other retail investors and institutions and investing that into the currency market. Take us back, even on a simple level I'm sure most people would have heard of Bitcoin and cryptocurrencies. But what is it at a high level? How does it work? Sure. So probably the easiest way to explain it. You've got what they call blockchain and I think everybody has heard that word before. Bitcoin is effectively built off this concept called blockchain and blockchain is effectively a trust list system. It's like a ledger in the cloud where every transaction or block they call that is processed in there is there and can be verified by anybody. So having this trustless this system was it was a huge thing and as I mentioned before in 2008 after the GFC people were thinking well, you know what about a currency where we don't need to have banks involved like how cool would that be? And so effectively Satoshi Nakamoto created Bitcoin which is a currency based off blockchain. And what it allows you to do is send any nominal amount that you want straight to another person in real time. There is basically no transaction costs to it. Very small fees and it's done p