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The Property Podcast

TPP430: Bitcoin: What property investors need to know

The Property Podcast

Rob Bence & Rob Dix

News, Education, Business, Investing, Business News

4.82K Ratings

🗓️ 10 June 2021

⏱️ 27 minutes

🧾️ Download transcript

Summary

Before you get involved in Bitcoin, what should you know about it? Well, you’re about to find out in today’s episode. We’re temporarily diverting away from property because Bitcoin is such a hot topic right now. But what’s more concerning, is that people are wanting to jump on the Bitcoin bandwagon without understanding what it is or how it works. Rob & Rob love taking on complex subjects and breaking them down into understandable, digestible bits of information. So, if you’re clueless about Bitcoin, this is the episode for you.   In the news This week’s news story had to be none other than Nationwide’s House Price Index which shows annual house price growth has hit 10.9%. Average property prices have also gone up from £238,000 to £242,000 in a month! The report puts this down to people still wanting to move out of city areas and gain more space, which we’ve seen happening throughout the pandemic. So, for anyone who’s got a property portfolio under their belt, they’re likely to be pretty happy right now.   Hub Extra For this week’s Hub Extra, we’re giving you a trio of books for you to get stuck into. The first one is an easy read and it’s ‘Bitcoin Billionaires’ by Ben Mezrich. We’ve actually recommended this book before but it’s a brilliant story about the origins of Bitcoin. The second and third books are for you to continue your Bitcoin learning. We’ve got ‘Inventing Bitcoin’ by Yan Pritzker and ‘The Bitcoin Standard’ by Saifedean Ammous. These two books aren’t the most entertaining books to read but if you’re wanting to understand the technical side of Bitcoin then they do just that. We recommend listening to them on Audible and you’ll have them boxed off in a few hours.   Let’s get social We’d love to hear what you think of this week’s Property Podcast over on Facebook, Twitter or Instagram. You might even have a topic you’d like us to cover in the future - if so, pop us a message on social and we’ll see what we can do. Make sure you’ve liked and subscribed to our YouTube channel where we upload new content every week! If that wasn’t enough, you can also join our friendly property community on the Property Hub forum. See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0

Hey everyone, Robby here, we're RobD, and you are listening to the PropertyPod

0:06.1

class, but we're straining away for this week at least from property.

0:09.9

But I think rightly so, because so many people right now are talking about Bitcoin.

0:15.3

Lots of people are investing in Bitcoin, and then there's lots of people investing

0:18.6

in Bitcoin who don't really understand what Bitcoin is or how it works.

0:22.0

So we want to remedy that.

0:23.2

We want to help out.

0:24.6

We like breaking down complex subjects and trying to make them easy to understand, and

0:29.9

Bitcoin, actually, when you understand it, you realize it's pretty complex to understand.

0:34.2

So we've got a big task ahead of us.

0:36.0

But whether you're going to invest in Bitcoin or not, by the end of this episode, we're

0:40.5

hoping that you'll understand exactly what it is.

0:49.7

Welcome to the PropertyPodcast, where every Thursday property investors come to be informed

0:54.0

and inspired.

0:55.0

Maybe you're not expecting to be informed and inspired about Bitcoin, but chances are

0:58.8

it's something that you've heard a lot about, would maybe like to understand a bit better,

1:02.6

and want to understand how it relates to prophecy as well.

1:05.0

Well, we're going to be covering you on all of that today.

1:08.0

And if our explanation wets your appetite, then stick around to the end, because in Hub

1:11.3

Extra, we're going to be giving you a trio of resources to take your learning further.

1:15.7

Everyone, before we get into our new story, and it is quite a new story this week, just

1:19.8

a quick note.

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