Podchaser Logo
Home
8 – Defining Bitcoin As The Digital Gold Of The Global Economy with Adam Draper

8 – Defining Bitcoin As The Digital Gold Of The Global Economy with Adam Draper

Released Monday, 2nd April 2018
Good episode? Give it some love!
8 – Defining Bitcoin As The Digital Gold Of The Global Economy with Adam Draper

8 – Defining Bitcoin As The Digital Gold Of The Global Economy with Adam Draper

8 – Defining Bitcoin As The Digital Gold Of The Global Economy with Adam Draper

8 – Defining Bitcoin As The Digital Gold Of The Global Economy with Adam Draper

Monday, 2nd April 2018
Good episode? Give it some love!
Rate Episode

What is Bitcoin? The first question you need to ask in defining Bitcoin is what is money as defined by the current global economy? For people who are entering this ecosystem, Bitcoin is digital gold with a 21 million cap which means that the number of Bitcoins in existence will not exceed 21 million tokens. You can store Bitcoins in crypto that functions like a bank account that cannot be controlled by the bank. Adam Draper, Founder of Boost VC explains where the Federal Reserve can create reserves and has control of the money supply which inflates the currency, Bitcoin is pre-programmed to stay in the 21-million mark. Adam furthers explains the inflationary and deflationary aspect of Bitcoin.

Show More
Rate

Join Podchaser to...

  • Rate podcasts and episodes
  • Follow podcasts and creators
  • Create podcast and episode lists
  • & much more

Episode Tags

Do you host or manage this podcast?
Claim and edit this page to your liking.
,

Unlock more with Podchaser Pro

  • Audience Insights
  • Contact Information
  • Demographics
  • Charts
  • Sponsor History
  • and More!
Pro Features