Bitcoin Basics

Bitcoin Basics


Latest Episodes

What is decentralization? (3 of 4) | Bitcoin Basics (137)
July 23, 2021

Part 3 of 4. Why does the Bitcoin blockchain need to use blocks, nodes & mining hardware? How does bitcoin's decentralization remove the need for trust?

What is decentralization? (2 of 4) | Bitcoin Basics (136)
July 16, 2021

Part 2 of 4. Why does banking & finance require 3rd parties? How does proof of work & the bitcoin blockchain remove any need for 3rd parties? Why is bitcoin's decentralization an emergent property?

Different types of Bitcoin? | Bitcoin Basics (135)
July 12, 2021

Why are there different types of bitcoin? KYC vs non-KYC bitcoin, tainted vs virgin bitcoin, self-custody vs paper bitcoin, etc.?

How to buy bitcoin anonymously? | Bitcoin Basics (134)
July 06, 2021

Is it possible to buy #bitcoin #btc anonymously? What personal data is leaked to the Bitcoin blockchain, mobile phone app, exchange, software wallet, hardware wallet or any phone provider?

Bitcoin bull or bear market? July 2021 | Bitcoin Basics (133)
July 03, 2021

It's July, 2021. Are we in a Bitcoin bull or bear market? Why? Fear Of Missing Out (FOMO) vs Fear Of Losing Money (FOLM). How is Bitcoin doing compared to other assets like gold, stocks & commodities?

Bitcoin & Markets: 29 Jun 2021 | Bitcoin Basics (132)
June 28, 2021

Bitcoin market update for 29 June, 2021. BTC death cross? Where to from here? What about bitcoin dominance, gold, silver & the USD?

What is decentralization? (1 of 4) | Bitcoin Basics (131)
June 26, 2021

Part 1 of 4. What exactly is decentralization? How about distributed systems? Real-world examples? Is the Bitcoin blockchain the 1st decentralized application?

When’s the Bitcoin-Ethereum Flippening? | Bitcoin Basics (130)
June 23, 2021

What's the Bitcoin-Ethereum flippening? When will it occur? Should Bitcoin BTC HODLers also invest in Ethereum ETH?

Are there Bitcoin NFTs? | Bitcoin Basics (129)
June 17, 2021

What is a non-fungible token (NFT)? Why all the fuss? Are there Bitcoin NFTs? How would that even work?

Bitcoin & Markets: 14 Jun 2021 | Bitcoin Basics (128)
June 14, 2021

A look at bitcoin BTC price for mid June, 2021. Are we still in a bull market? Dead cat bounce or resumption of a bull market?