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We Study Billionaires - The Investor’s Podcast Network

TIP145: Bitcoin and Ethereum w/ Tuur Demeester (Business Podcast)

We Study Billionaires - The Investor’s Podcast Network

Stig Brodersen

Education, Investing, Business

4.63.6K Ratings

🗓️ 1 July 2017

⏱️ 68 minutes

🧾️ Download transcript

Summary

Since the last time The Investors Podcast covered crypto currencies in 2015, the price of Bitcoin has increased by over 1000%. Within the last five years, numerous billionaires have suggested that digital currencies are going to be the next big thing. For example, Bill Gates, Google’s Eric Schmidt, Peter Thiel, Richard Branson, and Patrick Byrne. 


In this episode, you'll learn:

  • What the fundamental value of Bitcoin is
  • Why Bitcoin might continue to be the dominant cryptocurrency
  • Why Bitcoin is expected to split into multiple currencies
  • The main differences between Bitcoin and Ethereum 

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Transcript

Click on a timestamp to play from that location

0:00.0

to TIP.

0:01.0

Hey, how's it going out there?

0:04.2

So since the last time the investors podcast covered cryptocurrencies in 2015, the price

0:09.4

of Bitcoin has increased by over 1,000%.

0:13.9

And within the last five years, numerous billionaires have suggested that digital currencies

0:18.0

are going to be the next big thing.

0:19.9

For example, we have Bill Gates, Google's Eric Schmidt, Peter Teal, Richard Branson, Patrick

0:25.4

Burn from Overstock.com.

0:27.8

As a side note, in our show notes, we're going to have videos of all of those people talking

0:31.2

about cryptocurrencies and their potential impact moving into the future.

0:34.9

So here's what you're going to get in this episode.

0:36.9

First, we're going to provide the audience with a little bit of a background on digital

0:40.6

currencies, blockchain technology, Bitcoin, all that kind of stuff from the research that

0:46.4

we did about two years ago after reading the book, The Age of Cryptocurrency.

0:51.2

After that quick recap of what Bitcoin and other cryptocurrencies are, we have a brand new

0:55.0

interview that we did with crypto expert, Turdomaster.

0:58.7

During our interview with Tur, we asked some of the hardest questions that we can think

1:01.9

of from the potential of a Bitcoin fork to why Ethereum is better or worse than Bitcoin.

1:06.7

And we talk about the advantages of even being able to launch your own company and IPO

1:10.5

with blockchain technology on Ethereum.

1:13.0

If this is a field of finance that you don't understand or that you haven't heard too much

1:16.7

about, get ready to hear some crazy and amazing things.

...

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