Listen "E09 - All About Bitcoin and Cryptocurrencies"
Episode Synopsis
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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