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Explaining Bitcoin to a Curious Friend
Manage episode 461613435 series 3333012
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DOWNLOAD YOUR COPY OF THE BITCOIN-FOR-BUSINESS QUICK START GUIDE
This free, 27-page resource includes:
- Six ways ANY business can benefit from Bitcoin
- Some of the best Bitcoin-only businesses to partner with
- Key Bitcoin concepts for people getting started
Josh chats with a non-Bitcoiner friend about Bitcoin. This is part of an interview series in conjunction with Bitcoin is Better. Check out other episodes on their YouTube channel
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TAKEAWAYS
- Bitcoin is a decentralized digital currency that operates independently of any government or corporation.
- Bitcoin mining involves solving mathematical equations to secure transactions and create new bitcoins.
- The value of Bitcoin is highly volatile, with the current price around $100,000 per coin.
- To access Bitcoin, individuals can use apps like Cash App or Strike to purchase the asset.
- Bitcoin's limited supply of 21 million coins contributes to its perceived value and scarcity.
- As more people learn about Bitcoin, its adoption and potential for long-term savings are increasing.
SHOW PARTNERS
Mentioned in this episode:
Bitcoin for Corporations: Use Code BIZBIT for 20% OFF!
DOWNLOAD YOUR COPY OF THE BITCOIN-FOR-BUSINESS QUICK START GUIDE
Velas Commerce: Biz Tech Meets Bitcoin
Strong Wealth: Wealth Management for Bitcoiners, by Bitcoiners
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