E09 - All About Bitcoin and Cryptocurrencies
Apr 25, 2022•48 min
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Episode description
Mike and Matt discuss:
- What are bitcoin and cryptocurrencies
- Bitcoin vs Fiat
- Why people are interested in bitcoin and what makes it appealing?
- Why is bitcoin considered digital gold and an inflation hedge?
- Ethereum
- Fiat currencies push people to risk assets - the role of inflation
- What is Bitcoin mining
- Burying money in the backyard
- Mike's bad Bitcoin pun
- Russia's exclusion from SWIFT
- The shifting from trading in US dollars to country specific currencies
- Countries developing their own digital currencies
- Using crypto to avoid sanctions
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