#154 In the Woods With Reed Wommack

#154 In the Woods With Reed Wommack

Reed Wommack is Head of Customer Support at Swan Bitcoin, and the author of the Bitcoin Buddha Newsletter  Reed and I discuss Zen Buddhism, Economics, his Bitcoin rabbit hole journey, and much more. Follow Reed on Twitter @ReedWommack! GO TO BIT BLOCK BOOM! Enter...
Bitcoin is Freedom Money

Bitcoin is Freedom Money

Freedom Money What:  you can’t break Bitcoin. Simply put, it’s basically like lightning striking rubber (or maybe more accurately, like Wolverine from X-Men) How: *** free speech data on the ledger being expressed and sent by individuals.  – freedom is not...
Bitcoin is Digital Gold

Bitcoin is Digital Gold

BME Rule #1: Store of Value The BME has a good Store of Value (SoV). That means it holds its purchasing power. When you save it, you know you’ll still be able to buy stuff with it later. Problem: Corruption of Value Today’s money is not scare. The global supply of...
Bitcoin is Super-Cash

Bitcoin is Super-Cash

BME Rule #2: Medium of Exchange Now that the world has the BME, everyone agrees it’s value is worth exchanging for stuff.  Problem: Gatekeepers  Ever try to make a wire transfer? IT SUCKS!!! Today’s financial system is controlled by large institutions and...