So, you've got two ways to go, one is mining and that has its own risks, depending on what you mind and how you do mining and then there's buying it. There are a lot of different methods of doing that, Eng Taing, the Bitcoin whisperer talks about an investment path available for a fraction of the cost. Not only that, but he also talks about the technicalities behind the technology and the economic implications of this new frontier. At its heart, Bitcoin is an investment in infrastructure. You purchase Bitcoin infrastructure through Bitcoin Mining. Similar to gold and other precious metals, many profited from the surrounding boom of the gold rush, not necessarily the gold rush itself. We answer many questions in this episode, is Bitcoin a bubble? Is wide-scale adoption on the horizon? And will Bronson be less hesitant about crypto after this episode? Find out now!
In this episode, we explore:
01:40 – Buying vs mining bitcoin
02:09 – What is bitcoin mining?
03:33 – Mining pool block rewards
05:18 – The competition will double
07:16 – Depreciation for mining hardware
08:44 – The advantage of wide adoption
09:44 – Blockchain technology
11:22 – Two layers of blockchain tech
14:28 – Bitcoin is digital gold
16:59 – Blockchain syndication fund
20:15 – The ease of setting up wallets
22:09 – The crypto native generation
23:43 – Bitcoin is a yield producing asset
25:34 – https://www.touzicapital.com/
Connecting with the Guest:
Website: https://www.touzicapital.com/
#bitcoinmining
#inflationinvesting
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