Blue Collar Bitcoin

Basics_10: How Bitcoin COULD Fail

10.13.2023 - By Blue Collar Bitcoin PodcastPlay

Download our free app to listen on your phone

Download on the App StoreGet it on Google Play

Bitcoin Basics Series Episode 10. Daz Bea, Seb Bunney, Dan & Josh steelman Bitcoin by taking the other side of the argument and presenting some real issues Bitcoin could face.

Full Bitcoin Basics Series here

BCB Pod disclaimer here

Watch video of this chat on YouTube here

WE COVER:

Deflationary money COULD be bad in some aspects

Stretching ourselves WITHOUT tearing ourselves

The Dollar’s Network effect is STRONG

Nation State bans could be crippling

Technical Challenges

51% Attack

Incentive Problems

Quantum Computing

More from Daz & Seb:

Daz & Seb’s new book B is for Bitcoin: The Essential Guide to All Things Bitcoin does and EXCELLENT job covering Bitcoin technicalities

Looking Glass Education

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

Seb's Blog The Qi Of Self Sovereignty 

SHOW SPONSORS:

HEATBIT— Earn Passive Income while heating and purifying the air in your home!  The Heatbit is a Bitcoin miner that can produce up to $25 of Bitcoin per month while using the same amount of energy as  any regular heater. HEAT. PURIFY. EARN. REPEAT.

COINKITE — PROMO CODE “BCB” for discount on ColdCard. Industry leaders in Bitcoin security hardware and fun devices, makers of the COLDCARD and other prominent items including opendime, satscard, tapsigner, the seedplate, coldpower, blockclock mini & blockclock micro. All available at coinkite.com

START9 — Sovereign computing. Take back control of your data. Run a Bitcoin & Lightning node. Server Lite: A small uncompromising personal server, capable of running BTC Core. Server One: Perfect for someone who wants to run 25-35 services Server Pro: The most powerful, secure, and reliable private server in the world. Visit Start9.com

SWAN — The place we choose to buy Bitcoin. Dollar cost average daily, weekly or monthly with a company that’s Bitcoin only and encourages you to hold your own private keys. Visit Swan.com. For Swan PREMIUM FREE go to https://www.swanbitcoin.com/premium/blue-collar-bitcoin-experience-swan-premium-for-free/ and use PASSWORD: bluecollarbitcoin

CROWDHEALTH — Visit joincrowdhealth.com/bcb and use code BLUE to get 1st 3 months massively reduced at $49/month. Harness the Power of Bitcoin + Health Care.

BITCOIN 2024: promo code “BCB24” for 10% off tickets early bird ticket sales for Nashville, July 25-27, 2024 b.tc/conference

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]

More episodes from Blue Collar Bitcoin