Thursday, January 30, 2014

Do You Know About Bitcoin Yet?

If you have heard about Bitcoin in the news and thought that it was just some digital money for
computer geeks, you are wrong.  It is a world-changing invention, on par with the Internet itself (you know, that thing that lets you instantly find out anything you want and communicate with whoever you want).

The US dollar sucks.  There is no gold backing it.  Not a lot of people know that.  And the more and more dollars are printed, the less and less each is worth, until it all comes crashing down (the average lifespan for a fiat currency is 27 years).

I originally bought my first bitcoin because I thought that it would be a good investment, which it has proven to be so far.  But the more I learned about the cryptocurrency, the more I became convinced that it is the most important invention that will change the world.

I could go on and on, but I won't.  Instead I'll refer you to my favorite podcast, The Joe Rogan Experience, where Joe hosts Andreas Antonopoulos, who will explain Bitcoin and its implications with far more ease than I ever could.

It is nearly three hours long, but I implore you to listen.  It's really that important.


I took the liberty of starting it at 10:33, right after the commercials.  Also, if you would rather download it and listen in chunks, it is available for free on iTunes.

If you have any questions, I would be happy to answer anything in the comments section or on Facebook or Twitter.

-Youngman Brown

5 comments:

  1. I've been trying to learn more about bitcoins over the past few months, but I feel like this stuff's way over my head. Unfortunately, the video isn't working at work, so I'll have to check it out later. Also, do you know (or does the video explain) anything about mining bitcoins or are you more in the business of purchasing/selling them?

    Anyway, on an unrelated topic, since you listen to Rogan, are you also a Bill Buur fan? Because that guy is by far my favorite comedian.

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  2. I only heard about them earlier this week when I heard a news item about how a university, here in the UK, would (for the first time in UK history) accept Bitcoin from overseas students to pay for tuition fees. But other than that, I know very little about it. I'll have to gen up.

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  3. I feel really dumb that I've never even heard of Bitcoin. But I am happy to learn about it! Thanks for sharing.

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  4. Surely this is a site well worth seeing.

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