032 - The Basics of Bitcoin in 2021 w/ Brad Mills - podcast episode cover

032 - The Basics of Bitcoin in 2021 w/ Brad Mills

Mar 02, 20221 hr 31 minEp. 32
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Episode description

Brad Mills (angel investor, podcaster & entrepreneur) joins me to talk about the fundamentals of Bitcoin, and why: - We could be heading for a great depression - How the properties of decentralization, scarcity & censorship resistance means bitcoin will perform even better if there isn't a global depression - How Bitcoin isn't immune to the collapse of the everything bubble, but will benefit long term even if there's short term volatility. -Why you should think about Bitcoin as a digital real estate, which allows you to avoid paying taxes on your BTC. -Why dollar cost averaging into Bitcoin only is the better strategy instead of investing in or trading altcoins.

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