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It can be hard to know where to start when explaining Bitcoin to people. It can be difficult to find a place where you can start after reading through endless amounts of information about history, philosophy, economics, and philosophy. It is important that each introduction you present to someone you are presenting to is tailored to their needs, just as with everything else. One key element in understanding Bitcoin is, Captain Sidd and myself discussed this week on the episode of “Meet The Taco Plebs,”It is helping other people understand the problems that Bitcoin solves. We also discussed how Bitcoin has changed Sidd’s life, and his future predictions. You can listen to our audio podcast or read the interview below.
What’s your Bitcoin rabbit hole story?
When unanswered questions about modern economic theory clashed with my readings on emerging technologies — especially through a book titled “Throwing Rocks At The Google Bus” — the need for Bitcoin and decentralized systems clicked. I broke up with him. “crypto”An experience I had fundraising for a Bitcoin mining farm taught me the importance of a solid consensus mechanism. It’s what Bitcoin has, and it’s what others lack.
What has Bitcoin done for your life?
Two ways: it serves as a simple vehicle for saving that allowed me to focus on producing value, instead of gambling to find arbitrage opportunities and “quick wins.” By seeing how “experts”Financial jargon is used to conceal the truth. This made me distrust experts and anyone who can’t simplify their domain’s jargon into simple concepts that are easily understood.
Your articles are extremely clear and informative. They can be understood by both nocoiners and bitcoiners. Your process for creating these articles and what is the most important thing for someone who wants to learn more about Bitcoin?
Thank you! I seek out metaphors and patterns that can help me simplify complex jargon. I often write about something that I have been thinking about for many years. There were many stops and starts along the way. It’s just when something clicks and I believe others will understand it that I write articles.
What are you most excited about in the Bitcoin space and why?
There are two things that I believe will increase the number of nation states adopting mining, as well as the implementation of mining by energy producers. Nation state adoption by itself is not that interesting, but I believe it will drive conversation and questions at the governmental level — forcing leaders to publicly answer questions about bitcoin and the monetary system. It will reveal the absurdity of their lies to us.
Prediction of price for the End of 2021 and the End of 2030
2021: Below $100,000, because everyone seems to believe we’ll break the record!
2030: No number in sight. While the 2017 bull market was driven by the desire of getting rich, the next nine year will be driven by the desire not to become poor as inflation takes root. Bitcoin could be worth $1 billion by 2030 — but what will a loaf of bread cost? Not to mention a decent steak…