Basics_09: Bitcoin Misconceptions & FUD Busting

Bitcoin Basics Series Episode 9. Daz Bea, Seb Bunney, Dan & Josh discuss the misconceptions and FUD surrounding Bitcoin 

Full Bitcoin Basics Series here

BCB Pod disclaimer here

Watch video of this chat on YouTube here

WE COVER:

• Will the government ban Bitcoin?
• Does Bitcoin have intrinsic value?
• Does Bitcoin waste energy?
• Will another cryptocurrency supplant Bitcoin?
• Is Bitcoin better than stuffing cash in someone's bra?
• Is Bitcoin too Volatile?
• Is Bitcoin a Ponzi?

RESOURCE PICKS:

• Daz & Seb’s new book B is for Bitcoin: The Essential Guide to All Things Bitcoin does and EXCELLENT job covering Bitcoin technicalities (https://www.amazon.com/Bitcoin-Essential-Guide-All-Things/dp/B0C1JDKS7Q)
• Josh’s Pick: 7 Misconceptions about Bitcoin by Lyn Alden (https://www.lynalden.com/misconceptions-about-bitcoin/)
• Daz’s Pick: Debunking All The Bitcoin Misconceptions One by One
• Seb’s Pick: Saylor Series on What is Money Show (Robert Breedlove) 
• Dan’s Pick: Addressing the Ponzi Scheme Characterization by Lyn Alden
• Extra Pick:  Bitcoin: Fee-Based Security Modeling by Lyn Alden

GET CODLED:

• The overprotective approach to self custody.  Receive help from Daz or Seb themselves to help walk you through your custodial setup.
• LookingGlass/CODL

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SUPPORT THE BCB PODCAST: Podcast 2.0 streaming on our favorite pod app, Fountain: You can earn & stream sats on Lightning Network while listening to pods! Also share and listen to standout clips with the Fountain community.

SOCIAL MEDIA

• Twitter: you can follow us @blue_collarbtc, follow Daz @dazbea1, follow Seb @Sebbunney
• Blue Collar Bitcoin on NOSTR: npub1a3hrd4wfawr578d5y5l0qgmh7lx8q6tumfq0h7eymmttt52veexqkcfg37
• Video on YouTube. Subscribe Here

EMAIL: Send questions or comments to [email protected]