EC's Raw Beginner Bitcoin Stream, Episode 42

Welcome to EC’s Raw Beginner Bitcoin Stream!

Where I discuss the fundamentals of Bitcoin in terms ordinary people can use. Unsure where to start understanding this technology? Start right here. No experience necessary. I will take all relevant questions from the chat and otherwise address what I've identified as the most common questions.

I would like this show to be focused on audience questions and have the tenor of a friendly conversation. Please keep the chat friendly and respectful.

You can gift BTC to me at this address: 19NqbU5gCjCmiYg4RfMxeP2wTMSVbSFhLg

My Rare Pepe wallet is: 14NtgFP7fxMdYtts2ZQUdo8f4sz5pVUPy6

Links discussed in this program:

The Podcast of the Lotus Eaters: Bitcoin's Trump Effect
https://rumble.com/v5o89vn-bitcoins-trump-effect.html?e9s=src_v1_ucp
American Thinker: "Today's Real Inflation Rate is Closing in at 40"
https://www.americanthinker.com/blog/2024/10/today_s_real_inflation_rate_is_closing_in_at_40.html
Brownstone Institute: "Recession Since 2022: US Economic Income and Output Have Fallen Overall for Four Years"
https://brownstone.org/articles/recession-since-2022-us-economic-income-and-output-have-fallen-overall-for-four-years/
What is "stranded energy"?
https://medium.com/coinmonks/what-is-stranded-energy-why-it-matters-to-bitcoin-c9a9a43e4a04

Helpful Links:

If you can spare 25 minutes, I recommend this YouTube video from 3Blue1Brown
“But How Does Bitcoin Actually Work?”
https://youtu.be/bBC-nXj3Ng4?si=H-ZK1iMFs8MD8nLU

As a follow up, this is a very valuable 5 minutes from the same creator.
“How Secure is 256 Bit Security?”
https://youtu.be/S9JGmA5_unY?si=s14V3H7IW8K7GI6g

Strike (the exchange I use)
https://strike.me/learn/how-to-buy-bitcoin/

Air Gap (the cold wallet solution I use)
https://airgap.it/

River Bitcoin (exchange not available in all States)
https://river.com/

Asymmetric Cryptography definition, history
https://www.britannica.com/topic/public-key-cryptography

Peter St. Onge, PhD
https://peterstonge.com/

Gold Price Manipulation and Oversupply of Paper Gold
https://vongreyerz.gold/paper-gold-price-manipulation-rigged-to-fail

Textbook Discussion of CPI Calculation:
https://socialsci.libretexts.org/Bookshelves/Economics/Economics_-_Theory_Through_Applications/18%3A_The_State_of_the_Economy/18.03%3A_Measuring_Prices_and_Inflation

Bitcoin as a solution for “stranded” energy.
https://www.datacenterdynamics.com/en/news/gda-partners-with-ydf-luz-to-launch-gas-flare-powered-bitcoin-mining-center-in-argentina/

Encyclopedia Britannica: Money (by Milton Friedman)
https://www.britannica.com/money/money

The Future of Bitcoin with Michael Saylor...
https://youtu.be/cifuTy4fBfg?si=DRyFNYqZ2ee8EcSa

Bitcoin Account Contents (example is the first account to receive a block reward)
https://blockchain.info/unspent?active=12c6DSiU4Rq3P4ZxziKxzrL5LmMBrzjrJX

Other Social Media: @ECWasHere on Truth Social
Substack: https://ecwashere.substack.com
E-mail: [email protected]

The opinions expressed on this program are entirely my own, and not those of Rumble nor any sponsors (although I have no sponsors, but Rumble does).

Nothing discussed on this program should be construed as financial advice.

Please do your own research.