Game theory of BTC doesn't allow people to not be in Bitcoin, you have to adopt it or you're missing out too much. There will come the time, where you simply can't avoid it. Trey & Tom are the Hosts of the "BitcoinIsDead" Podcast! Subscribe to get the Daily Bitcoin Podcast show updates: youtube.com/robinseyr?sub_confirmation=1 Where to store your Bitcoin? I personally use a BitBox! - Get a 5% Discount with code "ROBIN" - & visit: https://robinbtc.link/bitbox Ever visited the best Bitcoin-only conference? Come join me at BTC Prague! - Get a 10% discount with code "ROBIN" - & visit: https://robinbtc.link/Prague Where to buy Bitcoin? I personally use 21bitcoin! - Save fees with my code "ROBIN" - & visit: https://robinbtc.link/21bitcoin Best place to back-up your seed-phrase: - Get a 10% discount with code "Robin" - & visit: https://robinbtc.link/xellox Guest's contact: https://x.com/BTCisDeadPod Summary Trey Carson and Tom Jones discuss their journey into Bitcoin and their podcast 'Bitcoin is Dead'. They share their understanding of Bitcoin and how it clicked for them. They also talk about the connection between religion and Bitcoin. The conversation covers the shift from traditional media to digital media, the fear of new technology, and the importance of sound money. They discuss the name of their podcast and their goal to educate their community about Bitcoin. They also touch on the topic of Bitcoin mining and its educational value. The conversation explores the mining industry and the misconceptions surrounding Bitcoin's energy consumption. The media plays a significant role in shaping public opinion, and there is often a lack of balanced reporting on Bitcoin mining. The guests discuss the potential of using waste energy sources, such as hog waste and tires, to power Bitcoin mining operations. They also delve into the concept of financial freedom and how Bitcoin can empower individuals to control their own money and future. The conversation concludes with a discussion on the future of Bitcoin and its potential to revolutionize the financial system. Takeaways Bitcoin is a separate and different cryptocurrency that is trying to solve the problem of money. The fear of new technology can hold people back from embracing digital advancements. Bitcoin is a means for small businesses to level the playing field and protect the value of their services. Bitcoin is not going away, and its importance is growing as people realize the flaws of traditional currencies. Bitcoin mining provides a deeper understanding of Bitcoin, energy, and IT, making it a valuable educational experience. The media often presents a one-sided view of Bitcoin mining, focusing on its energy consumption without considering the potential use of waste energy sources. Bitcoin mining can be powered by renewable energy and wasted energy, such as hog waste and tires, leading to a more sustainable and efficient process. Bitcoin offers financial freedom by allowing individuals to control their own money and future, breaking free from the control of traditional financial systems. Bitcoin has the potential to revolutionize the financial system, with the possibility of governments adopting Bitcoin and it becoming the global standard of money. Chapters 00:00 Introduction and Background 01:27 Understanding Bitcoin and its Importance 06:48 The Origin of the Podcast 'Bitcoin is Dead' 10:31 The Comparison between Bitcoin and the Internet 13:59 Overcoming the Digital Hurdle and Embracing Bitcoin 23:10 The Evolution of Technology and the Inevitability of Bitcoin 26:44 Taking the Fight to the Community and Educating Others 30:44 The Value of Bitcoin Mining as a Learning Experience 34:07 Bitcoin as a Business and Supply and Demand 36:57 Bitcoin's Potential to Revolutionize the Financial System 41:50 Protecting Labor and Earnings with Bitcoin 44:34 Coexistence of Bitcoin and Government-Issued Currencies 52:52 The Mystery of Satoshi Nakamoto and the Intrigue of Bitcoin
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