S6 E11: Joshua Scigala on Bitcoin and Gold

Joshua Scigala has been searching for Bitcoin long before it was actually launched. And as a gold enthusiast, he has always seen the two scarce commodities as complimentary assets. In this episode, the Vaultoro CEO talks about his Bitcoin journey. Time stamps: 00:01:00 - Joshua's interest in alternative currencies and Bitcoin 00:03:00 - Previous alternative currency projects 00:05:00 - The nature of money and gold 00:06:00 - Joshua's 2011videos about Bitcoin 00:09:00 - Joshua's discovery of Bitcoin and its potential 00:10:00 - Silk Road and early Bitcoin adoption 00:13:00 - A missed panel opportunity and the search for Satoshi 00:15:00 - Bitcoin's resilience and the risks of financialization 00:18:00 - Bitcoin ETF and market manipulation 00:21:00 - Naked short selling and market manipulation 00:24:00 - Vaultoro and pricing Bitcoin in gold 00:29:00 - Counterparty risks and the Mt. Gox collapse 00:31:00 - Proof of reserves and the Glass Books Protocol 00:37:00 - Transparency and regulation in the crypto space 00:41:00 - Voluntary regulations and best practices 00:46:00 - Regulation, scams, and the need for consumer education 00:50:00 - Bitcoin's association with illegal activities 00:53:00 - SegWit adoption and scaling Bitcoin 00:57:00 - Lightning Network and RGB tokens 01:00:00 - Grayscale's "Drop Gold" campaign 01:04:00 - The complementary nature of Bitcoin and gold 01:12:00 - Peter Schiff's criticism of Bitcoin 01:15:00 - How to buy and secure gold 01:20:00 - Securing Bitcoin and hardware wallets 01:27:00 - Trust and verification in the Bitcoin space 01:32:00 - Software updates and security risks 01:35:00 - Securing Bitcoin seeds and hardware wallets 01:39:00 - Shamir backup and Trezor's innovation 01:42:00 - The improbability of cracking Bitcoin's cryptography 01:46:00 - Satoshi's anonymity and Craig Wright's claims 01:50:00 - Proof of Stake and mining decentralization 01:55:00 - Vaultoro promotion and closing remarks