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Episode Info: Facebook has been reportedly launching its own cryptocurrency for the last couple of years. During this time it has made a series of external hires, created an internal crypto team, registered a crypto company and founder and CEO Mark Zuckerberg has hinted at payments being a priority for the company.In this podcast we delve into what cryptocurrency is, the types of cryptocurrencies there are and everything we know about the Facebook cryptocurrency. Full disclosure, this is not investment advice.Show highlights1:10 Ste gives some background on how he fell down the crypto rabbit hole.2:40 What are cryptocurrencies exactly?4:18 Storing cryptocurrencies.5:47 Bitcoin. The first and most famous cryptocurrency.9:44 Altcoins. What they are and what they’re for.10:54 Facebook’s cryptocurrency timeline.12:26 What we know about the Facebook cryptocurrency.14:17 How will Facebook’s cryptocurrency be used?18:09 What does this mean for other cryptocurrencies?Resources/people/articles mentioned in the podcastWhat are the Worst Bitcoin Losses Ever? Inc.comCryptocurrencies market caps – coinmarketcap.comBitcoin Volatility Index – buybitcoinworldwide.comCoinbase – coinbase.com Bitcoin – bitcoin.orgEthereum – ethereum.org Litecoin – litecoin.orgMonero – getmonero.orgFacebook is launching a new team dedicated to the blockchain. Messenger’s David Marcus is going to run it – vox.comFacebook acquires team behind blockchain startup Chainspace – mashable.comFacebook registers secretive ‘Libra’ cryptocurrency firm in Switzerland – coindesk.comFacebook hires Coinbase employees amid continued speculation on its crypto ambitions – yahoo.comFacebook plans June 18th cryptocurrency debut. Here’s what we know – techcrunch.comFacebook plans outside foundation to govern cryptocurrency – theinformation.com Bitcoin for beginners. The ultimate guide to cryptocurrency – stedavies.comSupport the showIf you enjoy The New Influence Podcast you can help support the show by doing the following:Make a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SPayPal: paypal.me/stedavies If you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | TuneIn | GoogleLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteThe post Facebook Cryptocurrency: Everything You Need To Know appeared first on Ste Davies.
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