Is it Time to Jump Back into Bitcoin?
Bitcoin and Ethereum are the two biggest cryptocurrencies in the world. They experienced a severe fall last year due to market turbulence, but in the past couple of months, they have started to rebound. This has a lot of people wondering if it is a reasonable time to jump back into cryptocurrency. This week on the show, we discuss Bitcoin’s potential rebound, cryptocurrency as an alternative investment, the current state of El Salvador, and more.
Show Notes
[06.26] Bitcoin transaction – Grant starts the conversation by explaining the effectiveness and efficiency of BTC transactions, which are direct transactions through the world banking system.
[14.22] Purchasing BTC – Grant walks us through what the process of purchasing cryptocurrency looks like.
[18.50] Alternative investment – Grant shares his overall thoughts on cryptocurrency as an alternative investment, and what boxes you should have checked before investing.
[23.43] El Salvador: Grant discusses the current state of El Salvador’s economy after accepting BTC as legal currency.
Resources
El Salvador says it paid maturing $800 million bond –
How Sam Bankman-Fried swindled $8 billion in customer money, according to federal prosecutors –
cnbc.com/2022/12/18/how-sam-bankman-fried-ran-8-billion-fraud-government-prosecutors.html
Coinbase – coinbase.com/
Kraken – kraken.com/
BTC – btc.org/en/
Ethereum – ethereum.org/en/