Explaining Bitcoin to a Curious Friend

Explaining Bitcoin to a Curious Friend

Business Bitcoinization

DOWNLOAD YOUR COPY OF THE BITCOIN-FOR-BUSINESS QUICK START GUIDE

This free, 27-page resource includes:

  • Six ways ANY business can benefit from Bitcoin
  • Some of the best Bitcoin-only businesses to partner with
  • Key Bitcoin concepts for people getting started

Josh chats with a non-Bitcoiner friend about Bitcoin. This is part of an interview series in conjunction with Bitcoin is Better. Check out other episodes on their YouTube channel

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TAKEAWAYS

  • Bitcoin is a decentralized digital currency that operates independently of any government or corporation.
  • Bitcoin mining involves solving mathematical equations to secure transactions and create new bitcoins.
  • The value of Bitcoin is highly volatile, with the current price around $100,000 per coin.
  • To access Bitcoin, individuals can use apps like Cash App or Strike to purchase the asset.
  • Bitcoin's limited supply of 21 million coins contributes to its perceived value and scarcity.
  • As more people learn about Bitcoin, its adoption and potential for long-term savings are increasing.

SHOW PARTNERS

Mentioned in this episode:

Bitcoin for Corporations: Use Code BIZBIT for 20% OFF!

DOWNLOAD YOUR COPY OF THE BITCOIN-FOR-BUSINESS QUICK START GUIDE

Velas Commerce: Biz Tech Meets Bitcoin

Strong Wealth: Wealth Management for Bitcoiners, by Bitcoiners

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