The Jen Charlton Show - Tellin' It Like It Is - brings together experts from the private and public sectors to share their insights and opinions on cr…
425 clip(s)
Loading playlist
Guests:
Dan Herbert, Co-Founded a Crypto social group to learn & invest in crypto
Natalie Abbas, Member of the Crypto Currency Club, Formerly with Commodities Futures Trading Commission
Discussion covered general history, characteristics and information about Bitcoin.
6 Characteristics of Money Like the Dollar
Access
Divisibility
Durability
Portability
Limited Supply
Uniformity
Digital Assets –
Meets & Exceeds the Dollar in the above characteristics.
Crypto is Decentralized – on its own network and is not controlled by banks or government
Bitcoin – Non-Tangible
21M bitcoin TOTAL and all that will be on the network
Last BitCoin will be mined by 2040
By 2030 – 99% will be in circulation
Mining –
The process time of energy, effort to validate BC network transactions.
Every 10 minutes a ledge of transactions gets approved
What are the concerns about BitCoin:
Tangible vs. Intangible
Hackability
What other forms of digital assets are there?
BitCoin – 50% of the existing digital assets in the $2.7T market
Ethereum – Utility Level 1 Digital Network, Decentralized financial exchanges and apps can operate on