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 get into the idea of Bitcoin and the current gatekeepers that hold a monopoly on access to the internet. Is this inherently bad? It’s tough to say. Afterall, these major players played a large role in the development of the internet’s user interface. Our experience of the internet is largely due to the work these major players have done, but it’s time to utilize the next innovation in technology.
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Time Codes:
00:00 - Intro
02:42 - What will it be like to watch these episode in several years?
08:06 - Bitcoin is a speculative investments, but not Bitcoin
10:37 - How people become early adopters
18:26 - People who don’t want bitcoin
22:24 - Market Check
26:53 - Bitcoin reality & the current gatekeepers
47:31 - What Bitcoin is and what it’s against
1:00:16 - The Bitcoin Paradigm
1:03:30 - Bitcoin changes a lot
1:09:26 - 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.