More and more people are using cryptocurrency, and this spells various effects on society. An important aspect to consider is knowing your value and forming networks. These two things will play a vital role in cryptocurrency.

In this episode, Sean Weisbrot joins us. He shares with us essential information on learning to leverage your value with your network. He talks about the app Sidekick and the use of cryptocurrency. The discussion moves to the future of cryptocurrency and preparing yourself for what's to come. This episode packs a lot of punch. So sit tight and don’t miss a single second!

Here are three reasons why you should listen to the full episode:

1. Gain a better awareness of the different types of value.

2. Learn about the different types of networks and crypto assets.
3. Understand the role of cryptocurrency transactions.

Resources

• For more information about Sidekick and to connect with Sean, check Sidekick’s website. You can register through the site to get early access.
  
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Episode Highlights

Cryptocurrency Understanding Your Value and Networks

• After some setbacks, Sean worked with several people to create IdeaXchange. It grew to inspire people all over China through original online content and offline speech events. It gave him speaking and training opportunities and an extensive network.
• Instead of selling your time for money, you should sell your value for money to financial institutions.
• When you can understand your worth, then you know the value you’re bringing to your connections.
• The biggest problem is the mindset. People are stuck on the idea that they’re worth more than x amount per hour.
• Connecting value and networks: 1) Figure out your monthly expenses. 2) Save a year’s worth of your expenses. 3) Take time off to learn about the world. 4) Travel and meet people, seek out influencers, entrepreneurs, and form a network. 5) Leverage your value and your knowledge. Find what you can offer them.

Sidekick App and Cryptocurrency Market

• Sidekick has many well-established competitors that use digital assets and digital wallets.
• Sean believed the only way to feel secure is to have a product that’s at least as good as the competitors.
• Sean watched WeChat grow from a small, unused product to a dominator in China. Korea, Japan, and Vietnam each have their own separate platform or super app. Here people can do anything they want.
• Sidekick is taking the model that apps can be used by many people for several things.
• The app aims to make it possible to spend cryptocurrency in stores around the world and launch crypto transactions.
• Sidekick is making it possible for people to use their own cryptocurrency by building communities.
• Sidekick aims to embrace all possible forms of processing payments, including cryptocurrency market cap. They accept bitcoin as well.
• The key is to find the right partners who have the right licenses for cryptocurrency investments.

The Future of Cryptocurrency Exchanges

• It could go two ways: either it dies, or the world embraces it. Sean’s assumption is it will be embraced. The process called mining, or cryptocurrency mining, will expand. So will crypto exchanges, crypto market data, and crypto space.
• There is the issue of government regulation that can cause problems for the industry.
• Governments are working on making their own digital currencies using Blockchain Technology.
• Sean notes the possibility of removing cash from society and shifting to use government-created currency.
• Utopian future: people are free to use cryptocurrency.
• Dystopian future: governments create their versions.
• Both futures can coexist.
• Sidekick exists because the future of work is remote and gig-based.
• People may start to seek freedom, location independence, and the ability to make money based on their knowledge.

Preparing for the Future

• Have a general awareness of AI and its capabilities to know the possible industries it can influence.
• Those who don’t learn how to interact with AI will end up being replaced by people who are willing to work with it.
• You can protect yourself by building a business and a network and capitalizing on that.
• The faster you become location and independent, the better off you’re going to be.
• If you’re responsible for yourself and those around you, and what you provide is valuable to others, you’re priceless.

About Sean Weisbrot 

Sean Weisbrot is an entrepreneur with expertise in technology, education, and nonprofits. He has a degree in Psychology. He's fluent in Mandarin, which he learned when he moved to China for work back in 2008. Sean is the CEO of Sidekick. It's an app where businesses create communities for a marketplace ecosystem.

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