So much discussion in the news about Bitcoin makes one ask, is it a solid investment, or is it speculation? In this episode we discuss how blockchain technology works, what is typically required for something to be considered “currency”, Bitcoin’s potential value, and remaining unanswered questions you might want to consider before taking the plunge.

In this episode:

• The Bitcoin and crytpocurrency debate [3:00]

• What is Bitcoin and how does it work? [5:00]

• What is required for “money” to be money [10:00]

• Definition of currency [21:30]

• Is Bitcoin currency or money? [22:30]

• Is Bitcoin an investment? [27:00]

• Tracking Bitcoin volatility since inception [31:00]

• What about central banks allowing Bitcoin? [34:00]

• Technology versus unanswered questions [39:00]

• More information from the pros - Grant Williams featuring Mike Green and Nic Carter [46:30]

If you’d like to watch on YouTube, check out our video here: