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072R | Lively discussion about cryptocurrencies as investments, review of last week\u2019s MidAtlantic Camp FI, and several exciting contributions and questions from the ChooseFI community.

• Brad\u2019s brother is visiting from Santiago, Chile \u2013 how is he managing his path to financial independence as an international teacher?
• Review of Monday\u2019s episode discussing Bitcoin with Myles Wakeham
• What are drawbacks of cryptocurrency?
• Is Bitcoin a good investment, or is it just a gamble?
• How much energy is expended in the global mining of Bitcoin?
• Michelle, from the ChooseFi community, wonders if Bitcoin\u2019s apparently lax regulations (compared to companies like PayPal) opens it up to be used for terrorism and other illegal activities?
• William suggests to Jonathan that regulation of Bitcoin is nearly inevitable, exposing investors to potentially difficult scenarios in regards to both taxes, and simply converting money back into tangible currency.
• Brad and Jonathan attended the MidAtlantic CampFI event last week.
• Tickets for SouthWest and South region CampFIs are still available here: CampFI
• Steve tells listeners how he nearly eliminated a $1,900 tax bill by contributing to his Health Savings Account, prior to the April 17 deadline.
• Brad talks about Camel Camel Camel, an Amazon product price tracker.
• Brad is shocked about how much prices fluctuate on Amazon.com.
• From Kelly: What 5 bullet points would ChooseFi give to college-bound students?
• • Save at least 50% of your income (avoid large housing and auto payments).
  • Consider \u201copportunity costs\u201d: Every dollar you earn in your teens and 20s is worth more than later in life.
  • Long-term, low-cost investing: ride the market through decades.
  • Your career is a tool to get you to financial independence, but don\u2019t just rely on your career as a sole source of income.
  • Think about life a little bit differently: think at things through the lens of FI
• Voicemail from Jim listing two careers that provide a great path to financial independence
• • Firefighting \u2013 government pension, two 24-hr shifts a week
  • Emergency room nurse \u2013 takes local \u201ctravel\u201d assignments for double pay with 3 shifts a week
• Jonathan is excited about the Giant Ocean Clean Up Machine, which will soon set sail to begin collecting plastic from the ocean, and is expected to collect 5,000kgs per month.

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