BTC095: Bitcoin Time Stamping w/ Pierre Rochard (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
Mining Metaphors: Bitcoin vs. Gold
This chapter compares Bitcoin mining to gold mining, discussing the role of subsidies and transaction fees in revenue generation. It examines the decentralized nature of both industries, highlights the importance of transaction ordering, and addresses the nuances of Bitcoin's foundational concepts.
IN THIS EPISODE, YOU’LL LEARN:
- 01:29 - What is time stamping?
- 11:24 - Is Bitcoin a decentralized clock?
- 24:50 - Why is time keeping so important to Bitcoin?
- 51:45 - What does Pierre think about the big SEC announcement about exchanges regulating coins?
- 59:31 - Why is Bitcoin not performing like an inflation hedge against CPI?
- 01:10:34 - Correlation to traditional markets.
- 01:22:47 - When will all retirement accounts start offering Bitcoin?
- 01:25:54 - Transaction fees.
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
- Pierre's Twitter.
- Pierre's company Riot Blockchain.
- Pierre's podcast: Noded.
- Pierre's non-profit: Nakamoto Institute.
- Related Episode: Bitcoin Smart Contract w/ Discrete Log Contracts Featuring Pierre Rochard & Ben Carman - BTC018.
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