Part 3 - Bitcoin Investment Thesis

Trailer - Bitcoin Investment Thesis Podcast Series

Chris gives an overview of what listeners should expect to learn from listening to the 3-part podcast series.

Part 1 - Bitcoin Investment Thesis

In part 1, Chris discusses the core investment thesis for bitcoin including: What is bitcoin. How do you measure bitcoin's intrinsic value. Why the bitcoin price is expected to continue rising into the future. The two main demand drivers for bitcoin adoption. Why bitcoin is considered superior money. Why bitcoin makes the entire financial system more efficient. Why network effects give bitcoin a global monopoly on digital commodity money. What the skeptics get wrong about bitcoin. Why bitcoin is so misunderstood. What every new bitcoin investor has in common.

Part 2 - Bitcoin Investment Thesis

In Part 2, Chris discusses in more detail certain elements of the investment thesis including: The two main demand drivers of bitcoin. Why society will increasingly adopt digital money. The main drawbacks of central bank digital currencies relative to bitcoin. Why there's an erosion of trust underway in the fiat money system. Why society has chosen bitcoin and not gold as a new alternative currency. The lens through which investors should view bitcoin's volatility. The impact speculators have on the bitcoin price. Why governments can't stop bitcoin. Why the criticism of bitcoin's energy usage lacks context.

Part 3 - Bitcoin Investment Thesis

In part 3, Chris discusses key topics related to mining and the bitcoin network, including: An overview of the size and scope of the bitcoin network. The 3 core functions that mining serves. The similarities of bitcoin mining to gold mining. The mechanics of the mining process and the key definitions that help explain it such as strings, hashing and hashes. What is Sha256 and its role as the key cryptographic algorithm underpinning the mining process. The block award, and why it's the incentive system to update the network. The target number and difficulty adjustment, and how they work together to ensure that bitcoin is a scarce digital asset with a pre-determined supply schedule.