
#114 BITCOIN VS GOLD | THE ULTIMATE PETER SCHIFF DEBATE
The Layah Heilpern Show
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.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.