Bitcoin in One Lesson
Where to find the show
iTunes | Spotify | Google Play | Deezer | Stitcher | SoundCloud | YouTube | TuneIn | RSS Feed
Download Episode MP3 File
The file will open in a new window. Click down arrow to download the file.
SHOW DESCRIPTION
Location: Various
Date: January to March 2020
Bitcoin can be intimidating for beginners. The protocol is complicated, the community can be unforgiving, silly mistakes can lose you money, and it is easy to succumb to altcoin marketing.
Bitcoin offers you the opportunity to hold a new type of monetary asset, one which can't be seized by the government and is censorship resistance, and it is changing the world.
Bitcoin is multifaceted. Some treat Bitcoin as a speculative tool for growing wealth, others as a way of avoiding financial censorship from traditional payment channels, and some use it as a way of claiming their monetary sovereignty and removing power from the banks and state.
On 31st October 2008, Bitcoin was introduced to the world by its pseudonymous creator, Satoshi Nakamoto. Bitcoin brought with it an alternative to the banking system, a way of truly controlling your finances and the opportunity to 'be your own bank'.
Being your own bank is incredibly powerful but is often a confusing and misused term. There are currently 1.7 billion people across the world who do not have access to proper banking services. Bitcoin can fix this by allowing users to hold, send and receive value.
Governments have a history of putting pressure on payment systems and censoring transactions. In 2010 Visa, Mastercard and PayPal all stopped allowing payments to WikiLeaks. Bitcoin fixed this.
Bitcoin's power is in its decentralised, censorship-resistant, neutral, permissionless network that allows you to transact globally without any intermediary or third party and with whoever you want for whatever reason you want. Bitcoin doesn't care.
We will soon be living in a cashless society, government-issued 'fiat' currency will become entirely digital, and we will wave goodbye to any remaining shreds of financial privacy that still exist. Some governments will look to create a cryptocurrency alternative; providing the perfect tool for increased financial surveillance and oppression and represents the antithesis of Bitcoin.
We may have to choose whether we use Bitcoin or a state-run digital currency. So, why should we choose Bitcoin?
In this episode, I have compiled various clips from my 17-part Beginner’s Guide to Bitcoin, from my other podcast What Bitcoin Did. As an introduction to Bitcoin, this guide covers essential Bitcoin topics from how it works to its monetary policy.
SUPPORT THE SHOW
The success of Defiance will be largely down to the support of you, the listener. Below are a number of ways you can help:
Subscribe to the show on your favourite app so you never miss an episode:
Leave a review of the show on iTunes (5* really helps, if you think the show deserves it).
Share the show and episodes out with your friends and family on Facebook, Twitter and LinkedIn.
Follow Defiance on social media: Twitter, Facebook, Instagram and YouTube.
Subscribe to the Defiance mailing list.
Donate Bitcoin here: bc1qd3anlc8lh0cl9ulqah03dmg3r2uxm5r657zr5p
If you have any questions then please email Defiance.
TIMESTAMPS
Coming soon…
SHOW NOTES
Connect with the guests:
Andreas M. Antonopoulos on Twitter
Parker Lewis on Twitter
Aaron van Wirdum on Twitter
Stephan Livera on Twitter
Dan Held on Twitter
Nic Carter on Twitter
Matt Odell on Twitter
Travis Kling on Twitter
Jameson Lopp on Twitter
Jack Mallers on Twitter
Jeremy Welch on Twitter
John Carvalho on Twitter
Mentioned in the show:
The cashless society is a con – and big finance is behind it
Venezuela’s Hyperinflation Drags On For A Near Record—36 Months
The Genesis Files: With Bit Gold, Szabo Was Inches Away From Inventing Bitcoin
The Genesis Files: If Bitcoin Had a First Draft, Wei Dai’s B-Money Was It
The Genesis Files: Hashcash or How Adam Back Designed Bitcoin’s Motor Block
The Genesis Files: How David Chaum’s eCash Spawned a Cypherpunk Dream
THANK YOU TO MY SPONSOR
Kraken - the best place to buy, sell or trade Bitcoin.