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EP 90: Alex Cole on Bitcoin Adoption Across The World
Me and Alex discuss our best moments from the Bitcoin Conference in Miami. We explained the freedom Bitcoin brings for international countries. Korea, Africa, and Venezuela all deal with fallacies with government policies and weak monetary policies.
Bitcoin helps with these problems by having a sound monetary system that's decentralized and not controlled by anyone. It provides a store of value against currency devaluation. It also can be used as a medium of exchange. More and more institutions are using Bitcoin globally and we highlighted how it helps countries with authoritative regimes.
We also spoke on how the U.S could be moving towards a bitcoin standard with more options to use Bitcoin at retail stores to buy items. With the Strike announcement, they are partnering with NCR so everyone has the option to use Bitcoin at most major retail chains, such as McDonald's, Walmart, Best Buy, Chick-Fil-A, etc.
If a merchant want's to accept the payment in dollar's, they have the option to convert that Bitcoin into dollar's, if they want Bitcoin, they will get the desired currency they prefer. Which opens the doors for more adoption and the flexibility to move away from using the legacy financial system with Visa and MasterCard.
We also discuss the ESG conversation around Bitcoin and it's sustainability for 2022. It's just another challenge that this asset will overcome and we described how there are many alternatives to mining bitcoin with renewables. Such as flare gas, wind, solar, and even hydroelectric. Please rate, leave a review, & share this podcast!
Sponsors:
Buzzsprout, the best way to start a podcast!
https://www.buzzsprout.com/?referrer_id=1305358
Safely secure your crypto with Ledger, the largest crypto hardware wallet!
https://shop.ledger.com/?r=aa519baed9ca
Show email & contact info:
Email: [email protected]
LinkTree: https://linktr.ee/insightfulprinciples
Social Media:
Instagram & TikTok: @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins
Clubhouse: @kevnjenkins
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By Kevin N Jenkins
5
22 ratings
Me and Alex discuss our best moments from the Bitcoin Conference in Miami. We explained the freedom Bitcoin brings for international countries. Korea, Africa, and Venezuela all deal with fallacies with government policies and weak monetary policies.
Bitcoin helps with these problems by having a sound monetary system that's decentralized and not controlled by anyone. It provides a store of value against currency devaluation. It also can be used as a medium of exchange. More and more institutions are using Bitcoin globally and we highlighted how it helps countries with authoritative regimes.
We also spoke on how the U.S could be moving towards a bitcoin standard with more options to use Bitcoin at retail stores to buy items. With the Strike announcement, they are partnering with NCR so everyone has the option to use Bitcoin at most major retail chains, such as McDonald's, Walmart, Best Buy, Chick-Fil-A, etc.
If a merchant want's to accept the payment in dollar's, they have the option to convert that Bitcoin into dollar's, if they want Bitcoin, they will get the desired currency they prefer. Which opens the doors for more adoption and the flexibility to move away from using the legacy financial system with Visa and MasterCard.
We also discuss the ESG conversation around Bitcoin and it's sustainability for 2022. It's just another challenge that this asset will overcome and we described how there are many alternatives to mining bitcoin with renewables. Such as flare gas, wind, solar, and even hydroelectric. Please rate, leave a review, & share this podcast!
Sponsors:
Buzzsprout, the best way to start a podcast!
https://www.buzzsprout.com/?referrer_id=1305358
Safely secure your crypto with Ledger, the largest crypto hardware wallet!
https://shop.ledger.com/?r=aa519baed9ca
Show email & contact info:
Email: [email protected]
LinkTree: https://linktr.ee/insightfulprinciples
Social Media:
Instagram & TikTok: @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins
Clubhouse: @kevnjenkins