When the world's economy begins to crumble, bitcoin miner Lars Emmerich sees an opportunity to save the day - but only if he can convince the masses to trust in cryptocurrency.
"I think the reason that bitcoin is different is because the entire world is watching. And if you want to pull a fast one, you have to get 51% of like a million plus nodes and miners to agree to let you screw us, basically."
Lars Emmerich is a retired Air Force pilot, best-selling author, and entrepreneur who writes about good guys with a bad streak and bad guys with a few redeeming qualities. A distinguished graduate of the Air Force Academy, a Hertz Fellow, and a two-time recipient of the Distinguished Flying Cross, Lars brings a unique perspective to any discussion about literature, economics, and geopolitics.
This is Lars Emmerich's story...
Lars Emmerich is an entrepreneur, investor, and bitcoin miner who became interested in cryptocurrency after reading about it online. He began mining bitcoin in 2012, when the value of the currency was still relatively low. Over time, as the value of bitcoin rose, Emmerich's investment began to pay off. In 2017, he cashed in a portion of his bitcoin holdings, but still holds a significant amount of the currency. Emmerich believes that bitcoin is a solution to the problems with fiat currency, such as inflation and the loss of purchasing power. He believes that the value of bitcoin will continue to rise as more people adopt it as a form of currency.
In this episode, you will learn the following:
1. How the crypto world divides into categories of bitcoin, security/commodity, and NFT land
2. The difference between a fiat currency and a crypto currency
3. The potential for a crypto currency to implode
Connect with Lars:
Website: https://lars.buzz
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The Words of Web3 - A comprehensive glossary of terms used in the space https://mailchi.mp/9d043022b5a0/words-of-web3
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