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S6 E11: Joshua Scigala on Bitcoin and Gold

Bitcoin Takeover Podcast
Bitcoin Takeover Podcast
Episode • Oct 17, 2020 • 1h 58m
Joshua Scigala has been searching for Bitcoin long before it was actually launched. And as a gold enthusiast, he has always seen the two scarce commodities as complimentary assets. In this episode, the Vaultoro CEO talks about his Bitcoin journey.

Time stamps:

00:01:00 - Joshua's interest in alternative currencies and Bitcoin

00:03:00 - Previous alternative currency projects

00:05:00 - The nature of money and gold

00:06:00 - Joshua's 2011videos about Bitcoin

00:09:00 - Joshua's discovery of Bitcoin and its potential

00:10:00 - Silk Road and early Bitcoin adoption

00:13:00 - A missed panel opportunity and the search for Satoshi

00:15:00 - Bitcoin's resilience and the risks of financialization

00:18:00 - Bitcoin ETF and market manipulation

00:21:00 - Naked short selling and market manipulation

00:24:00 - Vaultoro and pricing Bitcoin in gold

00:29:00 - Counterparty risks and the Mt. Gox collapse

00:31:00 - Proof of reserves and the Glass Books Protocol

00:37:00 - Transparency and regulation in the crypto space

00:41:00 - Voluntary regulations and best practices

00:46:00 - Regulation, scams, and the need for consumer education

00:50:00 - Bitcoin's association with illegal activities

00:53:00 - SegWit adoption and scaling Bitcoin

00:57:00 - Lightning Network and RGB tokens

01:00:00 - Grayscale's "Drop Gold" campaign

01:04:00 - The complementary nature of Bitcoin and gold

01:12:00 - Peter Schiff's criticism of Bitcoin

01:15:00 - How to buy and secure gold

01:20:00 - Securing Bitcoin and hardware wallets

01:27:00 - Trust and verification in the Bitcoin space

01:32:00 - Software updates and security risks

01:35:00 - Securing Bitcoin seeds and hardware wallets

01:39:00 - Shamir backup and Trezor's innovation

01:42:00 - The improbability of cracking Bitcoin's cryptography

01:46:00 - Satoshi's anonymity and Craig Wright's claims

01:50:00 - Proof of Stake and mining decentralization

01:55:00 - Vaultoro promotion and closing remarks

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