Dan and Trent break down one of the biggest misconceptions about Bitcoin.

Episode 5:  Bitcoin.  Not Crypto.  Not Blockchain.  Bitcoin.

• One of the biggest obstacles for Bitcoin understanding is confusing Bitcoin with all the other cryptos
• Bitcoin is simply non-government money for the digital world.   Bitcoin is better money for a better world.
• Crypto is just more and more of the fiat system: printing money out of thin air
• Vast majority of other cryptos are worthless.  They have no value.  Most are outright scams
• Even worse are the ones that seem legitimate but are VC-backed pump and dumps
• If you hear about the hot new crypto it is too late, you are exit liquidity for insiders trying to sell at the top
• Bitcoin’s essential value proposition of hard digital money for billions of people in the world is more than enough
• Africa and Bitcoin adoption
• Bitcoin for the billions, not for the billionaires
• Tough to understand all of this in beginning.  Alt coins may outperform for a short time, but in the long run everything goes to zero against Bitcoin
• Today’s song: Row Jimmy by the Grateful Dead