The Layah Heilpern Show cover image

#114 BITCOIN VS GOLD | THE ULTIMATE PETER SCHIFF DEBATE

The Layah Heilpern Show

00:00

How Bitcoin Is Created

A lot of people say that Bitcoin doesn't have any value. I think they land there because they don't really understand how a Bitcoin is created. So I'm going to just go through the steps and show you where I personally think the value comes from, and you can tell me what you think. miners all around the world use hard capital to purchase electrical energy. That electrical energy is then converted into computational power using ASIC mining machinery.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app