Time stamped show notes:
[2:24] Blockchain is…
[3:04] Alan Turning was the first one to do BlockChain.
[4:14] Safety of BlockChain
[5:00] Future of BlockChain
[5:50] Scaling of BlockChain
[8:00] Mining BitCoin
[9:23] Holding the future of BlockChain
[10:36] Bitcoin: Currency or Investment?
[12:06] Use of token
[13:36] Bitcoin can potentially save the economy from future economy crashes.
[16:35] Bitcoin has a better investment portfolio than Apple.
[17:12] Brad has a Bitcoin course.
[18:10] Bitcoin can change and possibly fix our economy.
[18:40] Bitcoin is the Wild Wild West for investing.
[19:43] How can Bitcoin bring power back to the people?
[20:34] Improvement of society through AI and Bitcoin
[21:40] Scarcity
[23:00] Technology never solves anything
[24:20] Scarcity helped tribes survive. We are globally connected and dependent now.
[26:06] Ability Issues vs. Belief Issues
[27:03] Spending more time in creation mode
[28:40] Social Media's eradication of isolation
[29:36] Private companies are not communist.
[30:50] Taking ownership of your data
[32:26] Free Speech Communication
[33:30] Bitcoin can be used to survive, Venezuelans
[35:26] Preventing Bitcoin from being used for evil
[36:22] People will find a way to meet their need, for good or for bad.
[39:40] Making legal or illegal
[41:30] Governments will adopt cryptocurrency as a currency.
[42:28] Reading the crypto market
[44:01] Speculating on demand and supply
[45:00] Compromisation of Bitcoin
[48:00] Bitcoin is all different and unique.
[49:14] Regulatory Risk
[51:20] Fallacies of Bitcoin
[52:20] Too good to be true
[53:40] Rule of Start-ups
Three key points:
- Block Chain and Bitcoin's effect on the economy and society
- Isolation and Scarcity
- The potential downsides of Bitcoin
Resources mentioned: