Basics_09: Bitcoin Misconceptions & FUD Busting
Blue Collar Bitcoin
Bitcoin Bubbles and the Potential for Growth
Exploring the concept of bubbles in relation to Bitcoin, discussing its multiple bubbles and the potential for a fifth one. The chapter also emphasizes the challenges of understanding technologies like Bitcoin and highlights the benefits of healthcare-related companies Crowd Health and Swan.
Bitcoin Basics Series Episode 9. Daz Bea, Seb Bunney, Dan & Josh discuss the misconceptions and FUD surrounding Bitcoin
Full Bitcoin Basics Series here
Watch video of this chat on YouTube here
WE COVER:
- Will the government ban Bitcoin?
- Does Bitcoin have intrinsic value?
- Does Bitcoin waste energy?
- Will another cryptocurrency supplant Bitcoin?
- Is Bitcoin better than stuffing cash in someone's bra?
- Is Bitcoin too Volatile?
- Is Bitcoin a Ponzi?
RESOURCE PICKS:
- Daz & Seb’s new book B is for Bitcoin: The Essential Guide to All Things Bitcoin does and EXCELLENT job covering Bitcoin technicalities (https://www.amazon.com/Bitcoin-Essential-Guide-All-Things/dp/B0C1JDKS7Q)
- Josh’s Pick: 7 Misconceptions about Bitcoin by Lyn Alden (https://www.lynalden.com/misconceptions-about-bitcoin/)
- Daz’s Pick: Debunking All The Bitcoin Misconceptions One by One
- Seb’s Pick: Saylor Series on What is Money Show (Robert Breedlove)
- Dan’s Pick: Addressing the Ponzi Scheme Characterization by Lyn Alden
- Extra Pick: Bitcoin: Fee-Based Security Modeling by Lyn Alden
GET CODLED:
- The overprotective approach to self custody. Receive help from Daz or Seb themselves to help walk you through your custodial setup.
- LookingGlass/CODL
SHOW SPONSORS:
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- SWAN — The place we choose to buy Bitcoin. Dollar cost average daily, weekly or monthly with a company that’s Bitcoin only and encourages you to hold your own private keys. Visit Swan.com. For Swan PREMIUM FREE go to https://www.swanbitcoin.com/premium/blue-collar-bitcoin-experience-swan-premium-for-free/ and use PASSWORD: bluecollarbitcoin
- CROWDHEALTH — Visit joincrowdhealth.com/bcb and use code BLUE to get 1st 3 months massively reduced at $49/month. Harness the Power of Bitcoin + Health Care.
- BITCOIN 2024: promo code “BCB24” for 10% off tickets early bird ticket sales for Nashville, July 25-27, 2024 b.tc/conference
- BITCOIN AMSTERDAM promo code “BCB” for 10% off tickets. Happening THIS OCTOBER 12-13th. Get tickets early for the best price! Visit b.tc/conference/amsterdam
SUPPORT THE BCB PODCAST: Podcast 2.0 streaming on our favorite pod app, Fountain: You can earn & stream sats on Lightning Network while listening to pods! Also share and listen to standout clips with the Fountain community.
SOCIAL MEDIA
- Twitter: you can follow us @blue_collarbtc, follow Daz @dazbea1, follow Seb @Sebbunney
- Blue Collar Bitcoin on NOSTR: npub1a3hrd4wfawr578d5y5l0qgmh7lx8q6tumfq0h7eymmttt52veexqkcfg37
- Video on YouTube. Subscribe Here
EMAIL: Send questions or comments to bluecollarbitcoinpodcast@gmail.com
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