PODCAST: The Bitcoin Revolution Turns 10 Years Old
October 31, 2018
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It was 10 years ago today, on October 31, that marked the publication of a white paper describing a new "Peer-to-Peer Electronic Cash System” based on blockchain technology known as Bitcoin. On today's broadcast, economist Jerry Robinson discusses both the past and the future of blockchain technology. Special guest interview: Paul Snow (CEO of Factom)
In the wake of the 2008 economic crisis, the white paper for Bitcoin was introduced as an alternative to currencies controlled by often corrupt financial institutions. Listen as economist and best-selling author Jerry Robinson reminisces on the young life of bitcoin – and ponders the potential for a meteoric price rise when the “smart money” moves in.
Today, there are more than 3000 cryptocurrencies with similar ambitions to bitcoin
The next decade will likely hold more opportunities than the last decade
Cryptocurrencies are changing the way that money is viewed and the way that money is handled
In this segment, trading coach/early crypto investor Jerry Robinson visits with Paul Snow, the CEO of Factom. Paul is the architect of the Factom protocol that is making waves around the world with its revolutionary advancements in the application of blockchain technology – beyond cryptocurrency.
Cryptocurrency is “a more honest way to define value and to trade value”
Factom is designed to attack the needs of enterprise
Jerry closes out today’s show with a word of wisdom from the ancients that defines the grim reality for holders of debt-based currency vs. debt-free currency in a world with more than $100 trillion combined outstanding debt.
PRAISE FOR JERRY 'S BOOK "Jerry Robinson does an excellent job of explaining the 'Petrodollar' system. His book explains exactly how this will come about, but equally important is the comprehensive section on what you can do to protect yourself."
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