Brian Keith Noonan, a cryptocurrency advocate and coach, joins Justin Recla to talk about the importance of cryptocurrency due diligence and educating yourself before investing. In addition to his work in the crypto mining and coaching spaces, Brian is a staunch proponent of due diligence. He served in the US Marine Corp and before building a successful marketing business. Listen in as Brian and Justin explore the wild, wild crypto-west, and give you valuable information about how to perform your own cryptocurrency due diligence before you invest.
Welcome to the In the Clear Podcast. My name is Justin Recla and today we are talking to one of my mentors. Brian Kieth Noonan is the gentleman who’s responsible for really getting our firm involved in the cryptocurrency space. He and I connected a couple of years ago in the cryptocurrency space through some mutual contacts, mutual friends, and whatnot and he’s known as the cryptonator, and it’s because of him that our firm decided to get involved in cryptocurrency space because he identified to us how much schemes are out there and he realized that we are preparing something different. So everything you see us doing in the cryptocurrency space is because of this gentleman that I’m going to introduce you to right now. So without further ado, Brian, welcome to the show.
You are far too kind, my friend. You’re far too kind.
Well, it’s true, though. You were the one that got us started.
Yes, that is true, that is true. You owe me a big one.
It’s been a hell of a ride since.
Well, I’m on a mission to get everyone involved in cryptocurrency to diversify their portfolios with that at least. I don’t recommend that it’s the only thing that someone invests in, but if they’re not invested in anything, it’s not a bad place to start.
Absolutely, and I agree with you. When you and I first started talking about it, we both saw how cryptocurrency and Bitcoin are changing the world and changing people’s financial perspectives. They’re taking someone’s self-dominion over their own financial well being, and at the same time, it’s also attracted a lot of sharks.
Anywhere there’s fast money to be made will attract the bottom feeders.
That’s for sure. I think anywhere there’s fast money to be made will attract the bottom feeders. I think they’re more bottom feeders than sharks, even more like flounder.
Absolutely, absolutely. I think between your group and what we’re doing in the cryptocurrency world, I think we’re at over 340,000 scams that have been identified at this point. What I love about what you’re doing is the education piece, especially in the mining world. So, tell everybody what it is you’re focused on.
Well, I think a little backstory would probably help with this because …
A couple years ago, Bitcoin was something that I knew existed but really didn’t know what it was. It kept coming across my radar, and I finally decided to sit down and learn about it, just to figure out is this really something or nothing? Is this something for computer geeks only that’s never going to be anything big in the world? Or is it much more than that? And I found that it was much, much, much more than that, more than I ever imagined it could be. After I got some of the basic principles down and understood what was going on, I realized literally it’s a revolution in money and financial systems that are going to change, I think, the world in ways that we have yet to really imagine in a positive way.
I started investing myself and dabbling in a couple of different things. Taught myself about it, and I got so excited that I started the Cryptodynamics Investment Club, which is a Facebook group that anyone listening is welcome to join. And the main mission of that is to give people fact-checked, accurate information about all types of cryptocurrencies, including Bitcoin of course and steer them clear of the scams and schemes that you alluded to. Because there’s definitely a faction of people that are interested in separating you from your wallet as quickly a matter as possible.
So, we want to avoid those, but in terms of investing in cryptocurrency, it is a volatile market. But you can’t deny that one Bitcoin is worth 10,000 of US money, so just about 10,000 times what one US dollar is worth. That’s way more than gold. That’s way more than just about any type of currency. It was up to 20,000 in December, so no denying the presence it has and the market cap that it has and the relevance that it’s coming to have in the world today.