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Richard Syrett's Strange Planet

PLUS 0054 A FIELD GUIDE TO BITCOIN

Richard Syrett's Strange Planet

Richard Syrett & Glassbox Media

Society & Culture, News, Politics

4.41.8K Ratings

🗓️ 30 June 2022

⏱️ 67 minutes

🧾️ Download transcript

Summary

PLUS EPISODE #0054 A FIELD GUIDE TO BITCOIN Richard welcomes a filmmaker to discuss his latest project, a documentary film that goes chapter by chapter through the history of money, the development of blockchain technology and the emergence of crypto currencies like Bitcoin. Guest: Darcy Weir is a documentary filmmaker who has chosen to work on some of the more fascinating subjects that are discussed today. He has completed over 10 feature length documentaries which are all available through TubiTV and Amazon Prime. Weir's documentaries present analysis from a theoretical perspective, showing historical references and facts the surround each mystery. FILMS: The Bitcoin Field Guide: Understanding Crypto Currency Beyond The Spectrum - Maussan's UFO Files The Underground The Unwonted Sasquatch Sasquatch Among Wildmen Volcanic UFO Mysteries Secret Space UFOs: Rise of The Unlock Strange Planet Premium at https://strangeplanet.supportingcast.fm/ Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://strangeplanet.supportingcast.fm/

Transcript

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0:00.0

This is a Glassbox Media Podcast.

0:30.0

This dares, cheers, retreat.

0:38.0

Bitcoin is worthless, artificial gold.

0:42.0

Business was soaring as Bitcoin hit new highs in early 2021.

0:46.0

Cryptocurrency is not supported by anything.

0:48.0

Bitcoin was implemented in 2009, and since then has skyrocketed into value from global demand and growing use cases.

0:55.0

Bitcoin, to me, has the prospect of becoming the dominant currency of the digital world.

1:01.0

But earlier this year, the Vitavix say their account was hacked.

1:04.0

Their investment, which had grown from a total of about $45,000 to some $168,000, was essentially wiped out.

1:13.0

This industry is worth over $2.6 trillion.

1:16.0

That much on the line, you should take every precaution and do everything in your power to protect your piece of the pie.

1:26.0

Someone on Twitter says, yes, it's rat poison, but the rat is actually the banking system.

1:31.0

Crypto is about ownership. You are your own bank.

1:37.0

Bitcoin was created as a new currency to address all of the pitfalls of the current failing money system.

1:42.0

The number one threat to cryptocurrency is crypto.

1:46.0

Eric Finnman invested in Bitcoin when he was just 12 years old.

1:50.0

Well, now he's 19 years old.

1:52.0

You are folks looking at a 19 year old self-made millionaire.

1:57.0

And it's all built upon a blockchain, which is very unique.

2:01.0

It's like a bank ledger in the sky that no one can hack.

2:04.0

Data does not lie.

2:08.0

It'd be very hard to decipher between what really has value and what is just a hype.

...

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