Luca Steiner (@steinerluca_) is a consultant working in the Banking and Credit Risk Management space. He is a big believer in Web 3.0, Decentralized Finance (DeFi) and has been deep down the crypto rabbit hole for over 2 years. He is a digital nomad of sorts, splitting his time between Frankfurt Germany and Stavanger in Norway.
Jonty Quenet (@GalacticQue) first started trading and investing in stocks when he was 13 and has made the transition to crypto investing in the past few years. After looking beyond the charts and understanding the true promise of the technology, he has become a firm believer in Crypto and Web 3.0. He believes it is time the average person has control over their own wealth, which can be enabled through innovations in crypto.
The two guests join Luca Bersella, the host of Mindshift, to explore the idea behind Bitcoin, how it works and why it is so valuable in the context of modern-day government money and the legacy financial system.
Bitcoin Website & Whitepaper: https://bitcoin.org/en/
Bitcoin increases Economic Freedom: https://medium.com/@jmnno01/bitcoin-increases-economic-freedom-a21964cac03b
Bitcoin Wiki: https://en.bitcoin.it/wiki/Main_Page
Bitcoin's Price History: https://www.investopedia.com/articles/forex/121815/bitcoins-price-history.asp#:~:text=The%20cryptocurrency's%20first%20price%20increase,rallies%20and%20crashes%20since%20then.
Michael Saylor Bitcoin Education: https://www.hope.com/
Bitcoin Strategy for Corporations: https://www.microstrategy.com/en/bitcoin/bitcoin-for-corporations
Beginner's Guide to Bitcoin: https://www.whatbitcoindid.com/the-beginners-guide-to-bitcoin
Best YouTube Discussions on Bitcoin: https://twitter.com/purvil_g/status/1451545120424140801?s=24
The Bitcoin Standard: https://www.amazon.co.uk/Bitcoin-Standard-Decentralized-Alternative-Central/dp/1119473861
The Bitcoin Money Book: https://thebitcoinrabbi.com/bitcoin-money-book/
Mastering Bitcoin: https://www.amazon.com/gp/product/1491954388/
Digital Gold: https://www.amazon.com/Digital-Gold-Bitcoin-Millionaires-Reinvent/dp/006236250X/
00:00 Episode Introduction
03:04 Setting the Scene for Crypto & Bitcoin
06:12 Luca Steiner & Jonty Quenet
08:42 When Did You Realise the True Importance of Crypto?
19:56 Problems with the Current Monetary System, Effects of Inflation and The Money Supply Concept
25:29 How Bitcoin Attempts To Solve These Problems
31:29 What is Bitcoin, How Blockchains Work and their Importance
36:32 What is Mining, How it works on a Blockchain, Decentralized Ledger Concept
42:08 The Double Spend Problem, Potential for a 51% Attack, Miner Rewards
49:05 Why none of the Risks to Bitcoin have actually materialised
51:05 Summary of Key Points for Bitcoin
57:27 El Salvador Legislating Bitcoin as Legal Tender
58:53 Does Every Public Company Have to Buy Bitcoin? Bitcoin's rolling return each year, Supply of bitcoins vs millionaires, Future price outlook
1:02:30 The Bitcoin Community
All views and opinions put forward in this podcast are our own and are not those of any employer connected to Luca Bersella or Jonty Fish. Anything said about Bitcoin, Ethereum or any other asset is not meant to and does not constitute investment advice.