50: What is Bitcoin?
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Description
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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