TweetCoinbase is the Safe and Easy Way to Get Started with Bitcoin
Today I am going to go into the basics of what Bitcoin, Ether and other alternative currencies are, how they work, why they work and how you can use them.
I am not and I do not claim to be an expert on alternative currencies. What I do have is an exceptional understanding of money and economics, and while Bitcoin and other alt coins are not “money” as defined by the US Government (which is good by the way), they are in fact money and every bit as legitimate as the US Dollar, in fact as you will see today perhaps more so.
My hope at the end of the show today is that if you want to use bitcoin you know how to and can do so without fear. To dispel the continued propaganda myths around alt currencies and to dispel the dumbest myth of all, that Bitcoin is akin to virtual Tulip Mania.
Join Me Today To Discuss…
First how conventional money works
Monetary Creation
Where the “value” comes from
Why this insane system does in fact work
How Bitcoins are “mined”
Why Bitcoin is deflationary
What makes Bitcoin secure or not secure
How Bitcoin can be very public or very private
What is Ether, how is it different from Bitcoin
What about other alternative currencies
The easy way to get started
Coinbase (Click Here to Set Up an Account)
A lot like Paypal
Can hold Bitcoin and Ether as well as Dollars
Yes they do report to the .Gov
They are extremely secure
Allows you to buy, sell, send and receive Bitcoin
My final thoughts on Bitcoin as an “investment”
Instantly Liquid (48 hours in a vault)
Can be completely hidden from seizure
Is not legally money (this is good)
Total quantity and production is know
More users must increase the value of it
Resources for today’s show…
Join the Members Brigade
The Year 1850
Join Our Forum
Walking To Freedom
TSP Gear
AgriTrue.com
TspAz.com – Support TSP When You Shop on Amazon
GrandaddysGun.Com
CoinBase.com
Article on Investing in Ether
Twenty One – Corey Smith
Sponsors of the Day
Bulk Ammo
JM Bullion
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