Success Happens

2024.03.09 - Bitcoin Info & Opportunity

Informações:

Synopsis

Guests: Dan Herbert, Co-Founded a Crypto social group to learn & invest in crypto Natalie Abbas, Member of the Crypto Currency Club, Formerly with Commodities Futures Trading Commission  Discussion covered general history, characteristics and information about Bitcoin. 6 Characteristics of Money Like the Dollar Access Divisibility Durability Portability Limited Supply Uniformity Digital Assets – Meets & Exceeds the Dollar in the above characteristics. Crypto is Decentralized – on its own network and is not controlled by banks or government Bitcoin – Non-Tangible 21M bitcoin TOTAL and all that will be on the network Last BitCoin will be mined by 2040 By 2030 – 99% will be in circulation Mining – The process time of energy, effort to validate BC network transactions. Every 10 minutes a ledge of transactions gets approved What are the concerns about BitCoin: Tangible vs. Intangible Hackability What other forms of digital assets are there? BitCoin – 50% of the existing digital assets in