The Nyc and Griff Show

Here at The Nyc & Griff Show we like to talk about money, economics, business, investments...Bitcoin. Hoping to answer some questions and learn along the way.

Bitcoin - An economy by the people, for the people. Store of value, medium of exchange, unit of account, and property...what isn't it?

In this episode of The Nyc & Griff Show, we jump back into the store of value properties of Bitcoin and how the dollar price has nothing to do with those. We mention briefly portions of why Bitcoin is volatile, and some of the major hurdles Bitcoin has to get past.

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The Nyc & Griff Show

Content from The Nyc & Griff Show is not to be used as financial advice. It’s purely for educational purposes and is only our opinion and perspective.

Here at The Nyc & Griff Show we like to talk about money, economics, business, investments...Bitcoin. Hoping to answer some questions and learn along the way.

Bitcoin - An economy by the people, for the people. Store of value, medium of exchange, unit of account, and property...what isn't it?

In this episode of The Nyc & Griff Show, we talk about global occurrences and money’s role in those. Is Bitcoin capable of being the government? What is money’s role in war? This episode is by not means an exhaustive conversation on these topics, but does capture the essence of our opinions of them.

If you want to talk and share ideas hit us on Twitter!

Twitter:

The Nyc & Griff Show

Content from The Nyc & Griff Show is not to be used as financial advice. Our content is purely for educational purposes and is only our opinion and perspective.

Here at The Nyc & Griff Show we like to talk about money, economics, business, investments...Bitcoin. Hoping to answer some questions and learn along the way.

Bitcoin - An economy by the people, for the people. Store of value, medium of exchange, unit of account, and property...what isn't it?

In this episode of The Nyc & Griff Show, we get to hangout with old time friend Niko Culnan. As you may already know, Griff and I were college teammates at the University at Albany, and we were lucky enough to meet Niko there too! Niko has a little bit of a different endgame than we do which offers an alternate perspective on “crypto”. This episode also features just a couple of dudes being guys.

If you want to talk and share ideas hit us on Twitter!

Twitter:

@NycAndGriffShow

Watch on YouTube at:

The Nyc & Griff Show

Content from The Nyc & Griff Show is not to be used as financial advice. It’s purely for educational purposes and is only our opinion and perspective.

Here at The Nyc & Griff Show we like to talk about money, economics, business, investments...Bitcoin. Hoping to answer some questions and learn along the way.

Bitcoin - An economy by the people, for the people. Store of value, medium of exchange, unit of account, and property...what isn't it?

Who is a Bitcoiner? What does that mean...Bitcoiner? In this episode of The Nyc & Griff Show, we breakdown a few key elements that we believe would make up what a Bitcoiner is.

If you want to talk and share ideas hit us on Twitter!

Twitter:

The Nyc & Griff Show

Content from The Nyc & Griff Show is not to be used as financial advice. It’s purely for educational purposes and is only our opinion and perspective.

Here at The Nyc & Griff Show we like to talk about money, economics, business, investments...Bitcoin. Hoping to answer some questions and learn along the way.

Bitcoin - An economy by the people, for the people. Store of value, medium of exchange, unit of account, and property...what isn't it?

In this episode of The Nyc & Griff Show, we talk about our thoughts and perspective on what to do with our money with the current state of all the markets; real estate, equities, and inflation.

Housing markets are up, equities are up, inflation is up...where are we supposed to store capital for the short-term and long-term?

If you want to talk and share ideas hit us on Twitter!

Twitter:

The Nyc & Griff Show

Content on The Nyc & Griff Show is not to be used as financial advice. It’s purely for educational purposes and are only our opinions.

Here at The Nyc & Griff Show we like to talk about money, economics, business, investments...Bitcoin. Hoping to answer some questions and learn along the way.

Bitcoin - An economy by the people, for the people. Store of value, medium of exchange, unit of account, and property...what isn't it?

On this episode of The Nyc & Griff Show, Nyc breaks down the first half of the Bitcoin First research paper written by Fidelity Digital Assets. Topics include:

- Monetary goods - A good that’s valued for its tradability for other goods, not its consumption or use.

- bitcoin the asset vs. Bitcoin the network

If you want to talk and share ideas hit us on Twitter:

Twitter: @NycAndGriffShow

YouTube: The Nyc & Griff Show

Content from The Nyc & Griff Show is not intended to be financial advice, but merely education.

Here at The Nyc & Griff Show we like to talk about money, economics, business, investments...Bitcoin. Hoping to answer some questions and learn along the way.

Bitcoin - An economy by the people, for the people. Store of value, medium of exchange, unit of account, and property...what isn't it?

Medium of Exchange - An intermediary instrument or system used to facilitate the sale, purchase, or trade of goods between parties.

The properties of a medium of Exchange:

First, it must be readily acceptable. If this first property is not met you run into the same issue as in the barter system where someone else doesn’t want what you’ve got to offer.

Second, it must be easily divisible. This property must be true so that we can divide, add, and/or subtract an amount of the MoE in order to make large and small transactions.

Third, a MoE should be easily and efficiently moved around the economy. To make this make sense let’s look at something that wouldn’t pass this test. Let’s use table chairs as a MoE. Technically, we could do this if it were accepted by others and one chair was worth a small amount so that they could be used in large quantities to make large purchases. Where a table chair as a MoE wouldn’t make that cut is the third property, being efficient. Long story short, a MoE has to be efficiently moved around through transactions.

Fourth, it must be difficult to counterfeit. Another way people refer to this is the hardness of a money. The harder a money is the more difficult it is too counterfeit. If a MoE isn’t hard or difficult to counterfeit it would create uncertainty in the market. People would be cautious to accept payment as it may be “fake money” worth nothing. This one is pretty straight forward.

If you want to talk and share ideas hit us on Twitter & GETTR

Twitter:

@NycAndGriffShow

GETTR:

@NycAndGriffShow

Watch on YouTube at:

The Nyc & Griff Show

Here at The Nyc & Griff Show we like to talk about money, economics, business, investments...Bitcoin. Hoping to answer some questions and learn along the way.

Bitcoin - An economy by the people, for the people. Store of value, medium of exchange, unit of account, and property...what isn't it?

Store of value:

In this episode of The Nyc & Griff Show, we consider the Store of Value properties of Bitcoin compared to several other options. A store of value is any commodity or asset that would normally retain purchasing power into the future and is the function of the asset that can be saved, retrieved and exchanged at a later time, and be predictably useful when retrieved. What exactly does this look like in our current system and where is Bitcoin connected? Have a good listen!

If you want to talk and share ideas hit us on Twitter & GETTR

Twitter:

@NycAndGriffShow

GETTR:

@NycAndGriffShow

Watch on YouTube at:

The Nyc & Griff Show