What Is Bitcoin?

In today’s episode, we are talking about Bitcoin.

One of the first and fastest-growing forms of virtual currency, bitcoin makes up a majority of all crypto currently available. In recent years, major national and international corporations have begun to entertain the use and support of bitcoin for everyday transactions and as a viable investment.*

In this episode:

  • What is Bitcoin?

  • What kind of growth has Bitcoin seen?

  • Benefits and facts.

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

𝐆𝐄𝐓 𝐂𝐎𝐍𝐍𝐄𝐂𝐓𝐄𝐃:

📸 Tea With Basia: CLICK TO FOLLOW ME ON INSTAGRAM #TEAWITHBASIA

✉️ Email Me: basiarestrepo@gmail.com

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

Disclaimer: The contents of this podcast are for informational purposes only. The content is not intended to be a substitute for professional advice, diagnosis, or treatment. Always seek the advice of your mental health professional or other qualified health care providers/professionals with any questions you may have. Tea With Basia should not be considered treatment or medical advice. You must always follow your medical professional's advice and direction. I, Basia Restrepo, am not a mental health professional. This podcast reflects my own opinions and experiences. *This is not financial advice. I am not a financial advisor. Always do your own research.

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

Sources:

@Bitcoin. (2021). Twitter. https://twitter.com/Bitcoin?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

Allison, I. (2021, December 2). Goldman Sachs, Other Wall Street Banks Exploring Bitcoin-Backed Loans: Sources. @Coindesk; CoinDesk. https://www.coindesk.com/business/2021/12/02/goldman-sachs-other-wall-street-banks-exploring-bitcoin-backed-loans-sources/

Ashford, K., & Curry, B. (2021, December 17). What Is Bitcoin And How Does It Work? Forbes. https://www.forbes.com/advisor/investing/what-is-bitcoin/

Bambrough, B. (2021, December 17). Crypto Price Prediction: Exchange CEO Warns 2022 Could See Bitcoin Crash Amid Huge Ethereum, BNB, Solana, Cardano And XRP Sell-Off. Forbes. https://www.forbes.com/sites/billybambrough/2021/12/17/crypto-price-prediction-exchange-ceo-warns-2022-could-see-bitcoin-crash-amid-huge-ethereum-bnb-solana-cardano-and-xrp-sell-off/?sh=65efc4cf1170

BBC. (2021, February 5). Guide: What is Bitcoin and how does it work? - CBBC Newsround. Bbc.co.uk. https://www.bbc.co.uk/newsround/25622442

Bellusci, M. (2021, December 17). MicroStrategy’s Saylor Lays Out Ways Firm Could Generate Yield From Its Massive Bitcoin Holdings. @Coindesk; CoinDesk. https://www.coindesk.com/business/2021/12/17/microstrategys-saylor-lays-out-ways-firm-could-generate-yield-from-its-massive-bitcoin-holdings/

Bitcoin. (2014). @Coindesk. https://www.coindesk.com/price/bitcoin/

Bitcoin - Open source P2P money. (2021). Bitcoin.org. https://bitcoin.org/en/

Bitcoin for Corporations. (2021). MicroStrategy. https://www.microstrategy.com/en/bitcoin/bitcoin-for-corporations

Bitcoin.com | Buy BTC, ETH & BCH | Wallet, news, markets info and education. (2021). Bitcoin.com; Bitcoin.com. https://www.bitcoin.com/

Eswar Prasad. (2021, October 22). The Future of Crypto Is Bright, But Governments Must Help Manage the Risks. Time; Time. https://time.com/6108232/bitcoin-cryptocurrency-future-blockchain-regulation/

Hicks, C. (2020). The History of Bitcoin. US News & World Report; U.S. News & World Report. https://money.usnews.com/investing/articles/the-history-of-bitcoin

Jaffe, J. (2021, December 15). A beginner’s guide to bitcoin and cryptocurrency. CNET; CNET. https://www.cnet.com/personal-finance/crypto/what-is-bitcoin/

McSweeney, M. (2021, December 18). MicroStrategy CEO outlines potential ways to “generate yield” from the company’s Bitcoin holdings. The Block; The Block. https://www.theblockcrypto.com/linked/128016/microstrategy-ceo-outlines-potential-ways-to-generate-yield-from-the-companys-bitcoin-holdings

Mint. (2021, October 13). 8 Pros and Cons of Bitcoin. MintLife Blog. https://mint.intuit.com/blog/investments/pros-and-cons-of-bitcoin/

Puterbaugh, J., & Haar, R. (2021, June 2). Bitcoin Reverses Midweek Rally With Friday Drop Below $46,000. Here’s How Investors Should React to the Volatility. NextAdvisor with TIME. https://time.com/nextadvisor/investing/cryptocurrency/bitcoin-crash-continues/

Reiff, N. (2021). What Are the Advantages of Paying with Bitcoin? Investopedia. https://www.investopedia.com/ask/answers/100314/what-are-advantages-paying-bitcoin.asp

Seligson, P. (2021, December 17). MicroStrategy Floats Lending Out Its Bitcoin Trove to Generate Yield. Bloomberg.com; Bloomberg. https://www.bloomberg.com/news/articles/2021-12-17/microstrategy-may-lend-out-its-bitcoin-trove-to-generate-yield

Shead, S. (2021, December 17). Bitcoin “may not last that much longer,” academic warns. CNBC; CNBC. https://www.cnbc.com/2021/12/17/bitcoin-may-not-last-that-much-longer-academic-warns.html

Stein Smith, S. (2020, June 17). Bitcoin Failed As Money, And That Is Great News For Crypto. Forbes. https://www.forbes.com/sites/seansteinsmith/2020/06/17/bitcoin-failed-as-money-and-that-is-great-news-for-crypto/?sh=b3193de28711

Varadaraj, V. (2021, June 22). Do the Benefits of Bitcoin Outweigh the Risks? McAfee Blogs. https://www.mcafee.com/blogs/internet-security/do-the-benefits-of-bitcoin-outweigh-the-risks/

Voigt, K., & Rosen, A. (2021, March 10). What is Bitcoin? Here’s How BTC Works. NerdWallet. https://www.nerdwallet.com/article/investing/what-is-bitcoin

Young, M. (2021, June 16). Michael Saylor is not just a Bitcoin maximalist: “There’s a place for everybody.” Cointelegraph; Cointelegraph. https://cointelegraph.com/news/michael-saylor-is-not-just-a-bitcoin-maximalist-there-s-a-place-for-everybody

Next
Next

What Is Cryptocurrency?