On the Embassy Wealth Podcast we interview members of the foreign affairs community to see how they’re building wealth both personally and financially, no matter where they’re posted. The views expressed on this podcast are only those of the individuals featured on the show and do not in any way reflect the official policy of the United States government.
Episodes
Thursday Aug 18, 2022
Understanding Crypto & NFTs with Brandon Possin
Thursday Aug 18, 2022
Thursday Aug 18, 2022
Brandon Possin got his first taste of investing in tech at the tender age of 13, when he purchased stock in Apple with his lemonade stand money. His interest in financial technology deepened further after joining the Foreign Service, when he was posted to Pakistan. There, he found that e-commerce entrepreneurs were disadvantaged by their lack of access to platforms like PayPal, as the options available for transferring money and receiving payments were exorbitantly expensive. That experience led Brandon to working directly for a fintech company started by one of the co-founders of Ethereum, where he continued to research crypto and expand his knowledge on how this new digital medium of exchange is changing the world.
In this interview, Brandon discusses:
- What is crypto? What is an NFT?
- Three ways to purchase crypto
- How NFTs are digital representations of social currency
- How digital, decentralized mediums of exchange can level the playing field, unlock talent, and create new capital flows
- How to evaluate cryptocurrencies and some aspects to consider
…and so much more!
Music: “Higher Up” by Shane Ivers
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