The Joe Rogan

Rogan Experience

Train by day Joe Rogan Podcast all day.

Nice to meet you.

Hey, thanks a lot.

I appreciate what you do.

What you do is a very valuable service.

Because you go so deep on some of these scammers,

it's like it's so important,

because there's so many people that just they don't really understand what's going like the FTX thing for example, the best one.

Because I was so in the dark about this thing. I was like what is happening? Like what are they doing? Try to break it down for us. Like, first of all, what is a, it's a crypto exchange, right? So how does that work? So the first question is when you get in, when you learn

about crypto, you're like, it's this magic internet money. Magic. How do you get some of that? How do you

get some of that magic internet money? Well you have to go somewhere to buy it and so it's a

crypto exchange is where you kind of go you put your Fiat on your dollars or whatever

euros or whatever and you put it into this crypto exchange they have a

bank and they work with that bank then they exchange that money for some type of

crypto token there's a lot of different tokens out there and...

Explain tokens because I don't understand tokens. I know there's crypto and there's

tokens. Like what is the difference between the two? Yeah tokens like is the individual you can think of

currency right so it's like the individual so Bitcoin is you have Bitcoin then you

have it's one of the cryptocuracies you have Ethereum you have Safmoon, you have FTT, which is what

FTX was using as their native token. So a lot of these guys, you'll start a

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