The Peter McCormack Show

The Ultimate Bitcoin 101 with Vijay Boyapati


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“Go and buy some bitcoin, even if it’s a small amount. You don’t have to have a huge amount in your portfolio but you shouldn’t have zero, zero doesn’t make any sense. This is one of the most exciting innovations to money in 1000 years.”
— Vijay Boyapati

Location: Remotely
Date: Thursday 14th January
Company: Independent
Role:
Software Engineer and Author

As we are in another Bitcoin bull market, many new people will be considering investing, but understanding what Bitcoin is and why it is important isn’t straightforward. 

Bitcoin is multifaceted, and the use cases can vary dramatically depending on where you live in the world and your circumstances. 

There is no standard narrative or way of explaining Bitcoin; for example, it is a medium of exchange, a way to bypass government and as an inflation hedge. Others are investing in Bitcoin to speculate against the net benefit of all use cases.

To help answer some of the most common questions and lay to bed some of the common misconceptions, I talk to software engineer and author, Vijay Boyapati for the ultimate Bitcoin 101.

This episode’s sponsors:

Kraken - The best place to buy, sell & trade Bitcoin
BlockFi - The future of Bitcoin financial services
Sportsbet.io - Online sportsbook & casino that accepts Bitcoin
Casa - The leading provider of Bitcoin multisig key security.
Exodus - The world's leading Desktop, Mobile and Hardware crypto wallets.

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WBD300 - Show Notes

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The Peter McCormack ShowBy Peter McCormack

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