Money Rehab with Nicole Lapin - Nicole’s Date with a Crypto King

Episode Date: January 31, 2022

If you get your news from TikTok (no shade!), you might think that being in crypto automatically means you live a rich and lavish lifestyle. But is the crypto life really that sweet IRL? Well, today, the Monday Rehab hostess herself shares a story about a date she had with a crypto founder that… wasn’t all that dreamy. Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy information.

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Well, it doesn't. Charge for wasting our time. I will take a check. Like an old school check. You recognize her from anchoring on CNN, CNBC, and Bloomberg. The only financial expert you don't need a dictionary to understand. Nicole Lappin. Today is a very exciting day for me because it is the day before I launch my fourth book,

Miss Independent. So today and tomorrow, I'm going to be bringing you some excerpts from the book. And here is a fun one. This is something that happened to me. And if you've ever dreamed of being crypto royalty, this story is for you. So now I present you Confessions of Being Miss Independent, my date with a crypto king. And to really make this juicy and to bring you into the scene, we have our lovely producer, Mike, playing the role of the Crypto King. Thank you so much for such a lovely evening, I said as my date ordered dessert at one of my favorite Mexican restaurants. I had an amazing time. I hope we can do it again.

Absolutely. And can you excuse me for a moment? I said, getting up to go to the restroom. He rose slightly from his chair like the ultimate gentleman, saying, Of course. As I walked to the restroom, I moved my jaw around. It was cramped from all the laughing and smiling. A sign of a good first date, for sure.

I stopped at the bar for a second and asked for a sprig of mint. Pro tip, if you don't have any actual mints or gum for fresh tasting slash smelling breath. As I approached the bartender, I noticed a couple of guys get up from the seats at the end of the bar and head toward our table. I didn't think much of it at the time, and I just scurried over to the loo. I walked back to the table just as those guys were walking back to their purchase at the bar. Are those your friends? I asked my date, knowing that New York City can be a big, small town. Uh, well, kind of. I was just giving them something.

He said, choosing his words very carefully. Um, so you didn't know them before tonight? I asked my sketchy detector on high alert. Was it a drug deal? Was he giving them money? What in the hell was going on? I mean, yeah, I know them. Uh, I was just giving them the pin on my jacket that I forgot to take off. The little one with the company logo on it. He said like it was the most normal thing in the world.

Your pin? I didn't even notice you had one. You gave it to them like as a gift? I asked, now going into full-on reporter mode. Listen, there's no easy way to explain this, and you're way too smart for me to not be completely honest. So here's the deal. Those guys are my bodyguards. They came over because they noticed I still had my company pin on, and they didn't want anything identifying me to the people here.

He said, genuinely, trying to make me think he wasn't totally insane. Your bodyguards? Oh, you're being funny, I said, thinking maybe he was telling another sarcastic joke or provoking me to get back to our verbal gymnastics from earlier, back when the date was still fun. No, no, this is real. I'm telling you the truth.

The crypto world is really insane. The diehard investors come up to me as the CEO of this company and want to take pictures. But that's only at crypto events, not in regular places. I think it's hilarious. I have bodyguards, though, because I have all the passwords to the cryptocurrency. He said, so could someone kidnap you to steal the passwords? I said, trying to make sense of this.

The passwords? I said, trying to make sense of this? Yeah, someone could in theory come hold me hostage and take millions, if not billions, worth of our currency. And there would be no policing or getting it back. But isn't it on the blockchain? I asked, tapping into my knowledge of cryptocurrency at the time, which was elementary at best. It is. Look at you. cryptocurrency at the time, which was elementary at best. It is. Look at you. But that still doesn't protect me from someone taking the passwords and liquidating the company if there was a gun to my head. He said, I could feel the color drain from my face. A gun, I thought, but I didn't say it out loud. But Nicole, that's not going to happen. I know it sounds like a lot, but it's not all bad. The guys are fun.

You'll meet them next time. I know that was kind of a cock block. He said, trying to lighten the mood and get back to our sarcastic sparring. Just then, the waitress came by to ask how we were doing. I took a deep breath. It sounded more like a sigh. The check? She asked, looking at me. I nodded,

glancing back at the bar. For today's tip, you can take straight to the bank. Let's hear it from the crypto king himself. If you buy crypto, even from the more popular currencies, remember that the keeper of your money is just a guy like me who goes on dates and is out in the world and in theory could get kidnapped and shot and then your money goes bye-bye so to protect yourself from something that could happen to crypto royalty affecting you put your cryptocurrency in a wallet to protect yourself it's just that wild out there and because i'm so in love with nicole like you are i've listened to all of the episodes. And episode 201 will tell you more about how to protect yourself and whatever crypto you buy.

Because I now will have to go on other first dates because Nicole didn't go out with me again. So I will be exposed to the bad guys out there. Lay side. Money Rehab is a production of iHeartRadio your host nicole lappin our producers are morgan lavoie and mike coscarelli executive producers are nikki etor and will pearson our mascots are penny and mimsy huge thanks to og money rehab team michelle lands for her development work katherine law for her production and writing magic, and Brandon Dickert for his editing, engineering, and sound design. And as always, thanks to you

for finally investing in yourself so that you can get it together and get it all.