18. Global Economy Down, Why You Need Bitcoin In Your Portfolio

14 Oct 2022 · 62 min
Episode

14 Oct 2022 · 62 min

0:00

Podcast episode (Ben Simpson with guest ‘Bergs’) focused on Bitcoin as a portfolio hedge amid global economic stress (flight to USD, collapsing currencies, high inflation). The hosts explain bitcoin mechanics (satoshis, 21M cap, lost coins, exchange liquidity), argue mining uses mainly wasted/cheap energy (Michael Saylor–style stats), warn about CBDCs and loss of privacy, and praise bitcoin’s trustless, limited-supply characteristics. They also discuss the metaverse (Dubai conference, Decentraland, corporate VR integrations), personal accountability segments (fitness, selling an arcade machine, reducing social media), meals, memes, kindness/volunteering, and a tech tip (Windows PowerToys Fancy Zones).

Questions this episode answers

October 14, 2022

Around US$19,000–20,000 (approx.)

100,000,000 satoshis = 1 bitcoin

About 3.76 million BTC (claimed ~20% lost)

About 1.3 million BTC available on exchanges (claimed)

Chapters

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