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Nov. 7, 2023

PTW3 016:| The Social Impact of Cryptocurrency & Blockchain with Jake Tullis and Donna Mitchell

In this episode of Pivoting to Web3, Donna Mitchell interviews Jake Tullis, a fund manager and blockchain expert, about the transformative impact of cryptocurrency and blockchain technology. Jake discusses his negative banking experiences that led him to embrace crypto, explains the advantages of cryptocurrency, and provides a simple analogy for understanding NFTs and smart contracts. The conversation also covers concerns around Central Bank Digital Currencies (CBDCs), blockchain adoption by governments, future technology wishes, and security tips for protecting cryptocurrencies from phishing attacks.

Some, if not most of us has had bad experience with the banking processes, especially when it comes to restrictions and limitations. These experiences steers people into the open arms of frictionless transactions from cryptocurrencies and blockchain technology. 

Join us in this episode of Pivoting to Web3 as Donna interviews Jake Tullis, a seasoned fund manager and an expert in crypto and blockchain technologies. JT talks about the benefits of cryptocurrency and gives an amazingly easy-to-understand analogy for NFTs and smart contracts. Learn about concerns for CBDCs and the blockchain adoption of the government, wish list for the future of the technology, and things you need to watch out for in terms of keeping your cryptocurrencies secure.

 

What to expect in this episode:

00:43 – JT’s background and a bad experience at a bank

04:30 – The good, bad, and ugly of crypto

07:31 – The benefits of bitcoin and cryptocurrency.

09:40 – A vending machine analogy for NFTs and smart contract.

14:28 – Different use cases and kinds of tokens

18:25 – A perception-changing experience

22:04 – CBDCs, the macroeconomic climate, and blockchain adoption

30:00 – JT’s wish list for blockchain and its endless use cases

33:26 – URLs in crypto security and phishing links.

 

About Jake Tullis

Jake Tullis is a Cincinnati-based software development consultant, who specializes in providing expert Web2 and Web3 software consulting services, as well as managing digital assets for high-net-worth individuals. With over 10 years of experience in the industry, he has a proven track record of delivering innovative solutions that meet the unique needs of his clients. Jake’s expertise includes software architecture, development, and deployment, as well as blockchain technology and smart contract development.

He is the founder and sole proprietor of Gaelios Consulting, a highly regarded management consulting firm, offering a wide range of services to businesses, optimizing their operations and processes. Jake also leverages his expertise as a Fund Manager at Bleeding Edge Capital and has a successful track record as a Senior Consultant, contributing his invaluable insights to clients like Western & Southern Financial Group. He is also a co-owner and Operations Manager of The Wet Boys Power Washing and Staining servicing the Northern Cincinnati Area. 

 

Connect with Jake Tullis

JT’s linktree: https://linktr.ee/jtknowsthings

Twitter: https://twitter.com/JTKnowsThings

Instagram: https://www.instagram.com/jtknowsthings/

YouTube: https://www.youtube.com/channel/UCt15SSJI70zzlt5oWBZCuCQ

LinkedIn: https://www.linkedin.com/in/jaketullis/

Facebook: https://www.facebook.com/JTKnowsThings/

About Donna Mitchell:

Donna Mitchell is the Founder and CEO of Mitchell Universal Network LLC. She has achieved two impressive careers in her lifetime. She began her journey as a change agent at US Airways, now American Airlines, dedicating 24 years to aviation and airline management. Following her successful tenure

Connect with Donna Mitchell:

Website: https://mitchelluniversalnetwork.com/

LinkedIn: https://www.linkedin.com/in/donna-mitchell-a1700619

Become a Podcast Guest: https://www.pivotingtoweb3podcast.com

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What to learn more: Pivoting To Web3 | Top 100 Jargon Terms

Jake

Jake "JT Knows Things" Tullis

Fund Manager

Just a poor kid from Morrow, OH with nothing going for him...

Then that kid got older, made some awful mistakes and life kept kicking him down further and further, to the final denouement of his father being diagnosed with stage 4 cancer.

Then that grown man turns to the bottle for years, putting his family on his back; going broke without letting anyone know to support his disheveled family. Little did anyone know that, not only was his father dying, but his mother's last living relative and best friend had congential heart failure and was dying as well. When, his aunt Dobbs got this diagnosis and news, it left his mother despondent. He had to become the patriarch of the family and everything had changed.

As if it were the last nail in his coffin, he quickly gains almost 200 pounds from drinking 1/5th of liquor a day, and eating anything to end his life sooner. This behavior quickly made him suicidal. With whatever strength he had left, he cries out and makes a pact with god and the universe; and pleas for mercy, "God, if he goes, I will go with him. If he doesn't though, I will turn my life around I swear to you".

Then, with <5% chance of survival, his father makes it through, he gets his first clean scan in over 2 years....

Then, this poor kid from Morrow, OH woke the fuck up. Got sober, hit the gym twice a day every day for more than 1,000 days now. Lost 130 pounds, quintupled my net worth twice, tripled my income, and found love and peace somehow.

Now, I am just working on becoming the version … Read More

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