Outside The System
In this episode, I spoke with my good friend (and podcast co-host at Made You Think!) Nat Eliason. His book Crypto Confidential is about his journey into the world of crypto and is one of the best narrative non-fiction books I've ever read. We discussed Nat's crypto experience, his journey as a writer, fiction vs non-fiction, health, and of course went on many tangents. If you enjoy this episode, make sure you subscribe, leave a review, and send a boost on Fountain! Timestamps (2:18) What motivated Nat to tell his crypto journey story in a raw way? (7:30) What Harry Potter spells teach us about how to learn (9:05) The difference between an outsider writing a crypto book vs an insider (13:30) Overview of Nat's experiences that led to writing Crypto Confidential (17:15) What made Nat stop playing in the crypto casino (20:45) How luxury goods have held their value more than most crypto projects (23:07) Why Crypto Confidential is not a warning to avoid getting caught up in manias but rather that you need to be careful if you do. The importance of going all-in. (24:30) Why buying at the right time isn't the hard part. Selling at the right time is the hard thing. (32:00) Hacking smart contracts and common mistakes. How Nat lost $30,000 while eating dinner (43:45) Recapping the NFT hype cycle and the future of NFTs (49:25) The pain of unclear tax rules in crypto (1:02:03) Science illiteracy in the health influencer space (1:08:00) The sleeplessness of crypto vs sleeplessness of having a newborn (1:11:50) Studying fiction storytelling techniques to improve non-fiction writing (1:23:00) The advantage of working with a traditional publisher Links and Resources Order Crypto Confidential on Amazon [https://amzn.to/4bm7oxv] Nat's blog [https://www.nateliason.com/] Nat's Twitter [https://x.com/nateliason] Made You Think podcast [https://www.madeyouthinkpodcast.com/] Harry Potter and the Secret to Learning blog post [https://blog.nateliason.com/p/harry-potter-learning] The Smartest Guys In The Room [https://amzn.to/4eOhSsu] (about the Enron scandal) Fear and Loathing in Las Vegas [https://amzn.to/3VMWFq7] by Hunter S. Thompson Bitcoin's past infinite printing hacks [https://medium.datadriveninvestor.com/itcoin-unhackable-it-happened-twice-not-blowing-smoke-9e16bcddd5ab]
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