Decrypting Crypto: Bitcoin and NFTs

The boys take a break from espionage to explore bitcoin, the blockchain, and all things cryptocurrency. What even IS a Bitcoin, and how does it work? Is cryptocurrency a solid investment? Is Bitcoin really anonymous? And who the heck is Satoshi Nakomoto? 

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In this episode: 

• History of Currency
• Commodity Currency
• Representative Currency
• Fiat Currency
• The Silver Standard
• The Gold Standard
• Fort Knox
• Inflation
• Satoshi Nakamoto
• The White Paper
• The Genesis Block
• Laszlo Hanyecz and the Pizza Catastrophe
• Bitcoin Mining and the Blockchain Explained
• 51% Attacks
• Proof of Work
• Dongles and Bitcoin Wallets
• 21 Million Max
• Transaction Fees
• Pseudonymity  
• The FDIC
• Mt. Gox
• Fungibility and NFTs
• The Electronic Elephant in the Room 

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Episode Transcript

 

~ KNOWLEDGE IS POWER, AND SLEEP IS OVERRATED ~