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Continuing on the bitcoin trend we have an excellent discussion today bringing a fresh perspective on bitcoin for investors in our first interview with Adam Meister. He’s constantly pouring out information on the cryptocurrency space through his youtube channel and we’re picking his brain on what makes bitcoin so special: Unhackable, Smart Contracts, Worldwide penetration, freedom, privacy and security. Adam is extremely bullish, as are we, for bitcoin price in 2017 through 2020 for sure.
TOPICS IN THIS INTERIVEW:
01:40 Why Adam Says Buy & Hold; Don’t Sell Till 2020
04:40 Is Bitcoin Fiat Money? Entirely New Paradigm
06:15 How are bitcoins created or mined?
08:25 Can bitcoin be hacked? 8 Years Hack Free
10:20 Setup Hardware wallet; Private Keys vs Public address
12:45 Will Government issue it’s own digital currency?
15:10 When Governments start to purchase BTC, price skyrockets
17:00 Out of 21 Million BTC ever produced, how much is lost?
19:30 Becoming a millionaire with bitcoin: Price analysis
22:10 Problems with buying on Coinbase & Paying Taxes
23:00 Bitcoin’s competitors: Alt coins, cryptocurrency space
26:50 Bitcoin flourishing in Foreign Countries: Africa, etc.
31:30 How do you save in bitcoin with price so volatile?
Checkout Adam’s YouTube Channel: https://www.youtube.com/user/BaltimoreHourly/videos