Top Ten Questions About Bitcoin
The Bitcoin blockchain has now been active for over 12 years. In that time, it has gone from fractions of a cent and being used to buy pizza, to a store of wealth compared to gold. We answer some of the most common questions about Bitcoin here.
Jacinda Brown on Mining Bitcoin with Natural Gas
Jacinda Brown from CryptoKnight Energy joined us to talk about her experience of developing bitcoin mining farms alongside oil and gas wells. Jacinda brings her decades of experience as a geologist and working with oil companies to the relatively new space of using bitcoin miners to create more efficiencies within the systems of oil and gas extraction.
Mining Bitcoin with Hut 8
We had Sue Ennis, the vice president of corporate development from Hut 8 Mining on our podcast. Hut8 is a bitcoin mining company that is publicly traded on the NASDAQ and the TSX. Sue brought up a number of great points worth highlighting from the episode. There are two in particular that Go Full Crypto would like to focus on. The first is that bitcoin has a much larger potential to affect financial markets than people may realize. The other is that bitcoin has a specific role to play in acting as a buffer with its use in balancing energy grids.
Isaiah Jackson - Bitcoin and Black America
Isaiah Jackson unites two seemingly unrelated topics in his book titled Bitcoin and Black America. The book is an excellent resource for learning about Bitcoin, but also about the plethora of economic injustices felt by the community of black american people. It is not immediately clear how Bitcoin, the dominant internet money can help with solving these problems. Fortunately, Isaiah Jackson is a master of breaking down the technical aspects of Bitcoin, and connecting them with articulate solution statements.
Dan Clarke - How to Live Without a Bank Account
Have you ever wondered whether or not you can live without a bank account? It turns out you can. A number of people have already accomplished this. Perhaps the most notable person to do so is Andreas Antonopoulos, stating on the Joe Rogan Podcast that he has lived on bitcoin for more than a year, and this was in 2014. Now, in 2020, living without a bank account, or “Going Full Crypto” as we call it, is much easier.
Turning Cash Reserves Into Bitcoin
It was quite the day when I woke up to find that a publicly traded company called MicroStrategy had turned $425 million dollars of cash reserves into bitcoin. To be honest, this came out of left field. I had a feeling this would happen someday, I just didn’t think it would be so soon. Just eleven years after the launch of Bitcoin, and companies are already buying it as a wealth preservation strategy. BUT WHY!?
Bitcoin, The Land Amongst the Sinking Titanic
This thing (Bitcoin) that emerged out of nowhere in 2009, invented by someone(s) who has no identity, is Bitcoin. We're now at a point where it has become worth several hundred billions of dollars. It's not like in 2017 when this price was fragile, Bitcoin has never been stronger. How ridiculous is it that the world is turning to this esoteric form of money in favour of their government sponsored money? The answer, in my estimation, is quite ridiculous. Yet, here we are.
Keeping Your Keys Safe
This is an important topic because if you fail to follow the rules of key safety, you can lose all of your funds with zero chance of recovery. This is an aspect of cryptocurrencies that actually turns a lot of people off. However, it is important to understand the tradeoffs that are made by taking full and complete responsibility for the security of your funds.
How to Recognize your Financial Pain, then Do Something About It
It can be that we’re in so much debt that we’re embarrassed to admit it. Or maybe it is because we live paycheque to paycheque and are unable to save for our future. There are no shortage of reasons why to be frustrated about your finances, but here at Go Full Crypto, we like to encourage people to be excited about money. We can do this, by talking about our Financial Pain, and how to Do Something About It.
Jay Malone
One interesting thing about Jay Malone is his latest experiment of comedy performed digitally. This is one of the things that caught the attention of Go Full Crypto. We thought since Jay Malone is experimenting with performing comedy over the internet, we would interview him on the prospects of internet based money; AKA Cryptocurrency.
It is not Too Late to Buy Bitcoin
What we encourage people to do, is to recognize that we are in the early stages of the digital revolution. The entire planet is undergoing rapid changes to digitally connect each and every human being. The foundations of the internet were laid in the 1960’s and 1970’s, and it wasn’t until the 1990’s that the internet was commercialized. Asking whether or not it is too late to invest in bitcoin, is like asking whether or not it is too late to invest in the internet in 1990.
Stephanie Holmes-Winton on CacheFlo Planning
Stephanie specializes in, and has pioneered much of the field of behavioural cash flow planning. This is the idea that no matter who you are, and where you are in the wealth spectrum, your behaviour governs how you spend, when you spend, and why you spend. This is a fundamentally different way of looking at things than the approach taken by the typical financial advisor.
Answers from Money, Bitcoin, and Time
At the same time that money contains these useful properties, it starts to feel strange when we consider that money is paradoxically valueless. Both bitcoin and paper bills are without value in the absence of people to believe it has value. In that sense, money is a belief system first.
The Mistakes We’ve Made in Crypto
We’ve all made mistakes, but not everyone talks about them openly. Here at Go Full Crypto, this is exactly what we are all about. We like to talk about our mistakes so that you don’t have to make the same ones. In episode 21 of Go Full Crypto, Mrugakshee and I discuss some of the ways I lost plenty of money in my early days of crypto. Mrugakshee also has a story to tell, as she ran into her own set of mistakes that were unique to her.
Billy Garrison (part 2)
In the second part of the interview with Billy Garrison, we talk about the Bitcoin Lightning Network. Billy breaks down exactly what it is, and how it is used by individuals all over the world. In a nutshell, the lightning network simplifies much of the complexities inherent to using bitcoin.
The Coming Currency Wars
Currencies compete. They compete for attention, they compete to be held, and they compete to be spent. The more a money is held, and spent, the more dominant it is. Have you ever wondered why you think of the value of something in dollars, yuan, or rupee? It is the money you think and communicate in. Entire wars have been fought over money, and what we decide to call money.
Billy Garrison (part 1)
What Billy brings to the table in this interview are the various nuances to the arguments for and against bitcoin. We found talking to Billy quite refreshing. Even though Billy may describe himself as a Bitcoin maximalist of sorts, he understands that there are pros and cons to every story.
Uncovering the Story of QuadrigaCX
QuadrigaCX was a popular Canadian cryptocurrency exchange that was in business between 2014, and 2018. Everything suddenly stopped when the founder and CEO, Gerald Cotten died suddenly on a trip to India. The catch was that he died with the keys to the cryptocurrency wallet that held more than $190 million dollars of Canadian Investors money.
Getting Paid in Bitcoin
Go Full Crypto explores how they keep their own Bitcoin reserves for various reasons. The underlying company to Go Full Crypto is The Atlantic Blockchain Company, and so we will be referring the company when talking about how we expensed a business purchase with Bitcoin.
Alicia Ismach
Alicia Ismach is an amazing individual with a fascinating story. She now spends her time at Venn Innovation in Moncton, New Brunswick. It is there that she gives her time to entrepreneurs in the making. Alicia built her career primarily in the payments industry, which made her an excellent person to interview for the Go Full Crypto podcast.