NZ Everyday Investor cover image

How Fixing Money Can Transform Our World, Ep 340 Cody Ellingham

NZ Everyday Investor

00:00

The Value of Bitcoin

The internet has become central to all of our communications. Our lives are effectively run over the internet today, you can see that. And so what we're seeing is Bitcoin is money for a internet connected world. You've got these global transactions that can happen instantaneously with no fees. If you try doing that with credit cards, you know, you've got a 3% fee. So there's 21 million Bitcoin. Each Bitcoin has 100 million satoshis inside of. But I think of them as sort of dollars or cents effectively. It just does it, you know,. It's not even a blip in the price.

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