Is it Time to Jump Back into Bitcoin?
Bitcoin and Ethereum are the two biggest cryptocurrencies in the world. They experienced a severe fall last year due to market turbulence, but in the past couple of months, they have started to rebound. This has a lot of people wondering if it is a reasonable time to jump back into cryptocurrency. This week on the show, we discuss Bitcoin’s potential rebound, cryptocurrency as an alternative investment, the current state of El Salvador, and more.
[06.26] Bitcoin transaction – Grant starts the conversation by explaining the effectiveness and efficiency of BTC transactions, which are direct transactions through the world banking system.
[14.22] Purchasing BTC – Grant walks us through what the process of purchasing cryptocurrency looks like.
[18.50] Alternative investment – Grant shares his overall thoughts on cryptocurrency as an alternative investment, and what boxes you should have checked before investing.
[23.43] El Salvador: Grant discusses the current state of El Salvador’s economy after accepting BTC as legal currency.
El Salvador says it paid maturing $800 million bond –
How Sam Bankman-Fried swindled $8 billion in customer money, according to federal prosecutors –
Coinbase – coinbase.com/
Kraken – kraken.com/
BTC – btc.org/en/
Ethereum – ethereum.org/en/