50: What is Bitcoin?

The Block Reward | Bitcoin For Beginners

10-09-2024 • 52 mins

Scott celebrates the 50th episode by sharing his personal journey with Bitcoin, highlighting its unique features, and discussing its potential role in the future of finance.


Timestamps:


4:17 Understand the yen carry trade and its global impact.

7:18 Why Bitcoin's fixed supply is a key differentiator.

12:10 Network effects and the challenge for Bitcoin competitors.

19:20 How proof of work secures Bitcoin and prevents fraud.

24:16 Triple ledger accounting and its significance for Bitcoin.

32:54 The challenge of outrunning monetary debasement.

40:27 The finite nature of Bitcoin vs. infinite paper money.


Resources Mentioned:


The Price of Tomorrow by Jeff Booth | Book or Audiobook

The Blocksize War by Jonathan Bier | Book or Audiobook

The Bitcoin Standard by Saifedean Ammous | Book or Audiobook

The Genesis Book by Aaron van Wirdum | Book or Audiobook

The Block Rewards Podcast episode on The Rise of Carry and The Future of Central Bank Intervention with Kevin Coldiron | Spotify or Apple

The Block Rewards Podcast episode on Bitcoin is the Perfect Collateral with Peter Dunworth | Spotify or Apple


Find More From Scott:


Scott Dedels | X

Block Rewards | Instagram

Block Rewards | YouTube

Block Rewards | TikTok

Block Rewards | Website

Block Rewards | LinkedIn

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