Here on The Nyc & Griff Show we like to talk about money, economics, business, investments ... Bitcoin. Hoping to answer some questions and learn a little along the way.
Bitcoin - An economy by the people, for the people. Store of value, medium of exchange, unit of account, and property...what isn't it?
On this episode of The Nyc & Griff Show, we run through a few of the main ways someone might buy and self-custody bitcoin. It’s important for your future to buy bitcoin and it’s even more important to ACTUALLY own that bitcoin by sending it to a private on-chain wallet after the purchase. We’ve all heard the horror stories of people storing bitcoin on exchanges only to have that exchange file bankruptcy and for that person to lose all their holdings. The question is, were they ever your holdings if you only owned them on an exchange platform?
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Twitter: @NycandGriffShow
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Time Codes:
0:00 - Intro
2:35 - Market Check
11:21 - Don’t Just Buy Bitcoin…OWN It
12:36 - Setting up a beginner Bitcoin wallet
16:38 - Bitcoin wallets
21:56 - Buying bitcoin with Strike
34:46 - Buying bitcoin with CashApp
42:50 - The Bitcoin network will be a public utility
48:15 - Buying bitcoin with Robinhood
55:00 - Robinhood shit the bed!
1:00:35 - Bitcoin’s network still has a long way to go
1:03:36 - Self-custody your bitcoin and chill
1:07:33 - Your transaction on the Bitcoin network
1:09:58 - Final thoughts
Content from The Nyc & Griff Show is not to be used as financial advice. It’s purely for educational purposes and is only our opinion and perspective.
