Introduction to "Bitcoin (BTC) Halving Event"

In this episode of the Lifestyle, Travel & Technology podcast, Alexander will be the only one hosting due to unforeseen circumstances. The episode will cover a major event everyone involved with cryptocurrency knows about or at least has heard of - The Bitcoin (BTC) halving event.

Alexander will dive into the topic of the Bitcoin Halving Event answering questions like what is a cryptocurrency? and what is a blockchain? He explains what Bitcoin is and why so many are already involved with the currency. He continues on by explaining how the technology behind Bitcoin works and how there is a reward system for so called "miners". This term will also be explained in the episode.

Alexander ends by summarizing the episode and giving out his suggestion on which platform/broker/exchange he uses and why he chose to stick with this company.


Podcast Episode Summary

• What is a cryptocurrency?
• What is a blockchain? blockchain technology?
• Proof of Work consensus algorithm
• What is Bitcoin?
• Bitcoin (BTC) Halving Event
• Bitcoin Network
• What does this mean exactly?
• History of BTC Halving Events
• Theory of the Halving event and the chain reaction it sets off
• Where can I buy bitcoins or other cryptocurrency?

Quotables

Alexander - "...blockchain is the technology that enables the existence of cryptocurrency while the cryptocurrency itself is pretty much a medium of exchange..."
Alexander - "...these miners get rewards in the form of Bitcoins..."



Recommended Resources

• https://www.buybitcoinworldwide.com/austria/
• https://www.bbc.co.uk/newsround/25622442
• https://www.investopedia.com/terms/b/bitcoin.asp
• https://www.investopedia.com/bitcoin-halving-4843769