EC's Raw Beginner Bitcoin Stream, Episode 51

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: bc1q09xq99hdtkm26pdfp2sxgm63apzdp4wj6hjkyu

My Rare Pepe wallet is: 14NtgFP7fxMdYtts2ZQUdo8f4sz5pVUPy6

Links discussed in this program:

News articles of the week
https://www.forbes.com/sites/dereksaul/2025/04/04/tariffs-cause-another-stock-market-rout-losses-approach-5-trillion-as-dow-plummets-another-2200-points/

https://www.marketwatch.com/story/trumps-tariffs-brought-carnage-to-u-s-stocks-what-it-will-take-to-stop-it-3363ed79?mod=us-markets

https://sputnikglobe.com/20240805/why-did-the-global-stock-market-crash-and-who-is-to-blame---1119643785.html

Bitcoin Fee Estimator
https://btc.network/estimate

Alternate Bitcoin Fee Estimator
https://tools.bitbo.io/fee-calculator/

Bitcoin News
https://bitcoinnews.com/adoption/

Bitcoin Price Chart
https://www.coingecko.com/en/coins/bitcoin

Wikepedia: Dow Jones Industrial Average
https://en.wikipedia.org/wiki/Dow_Jones_Industrial_Average

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

BIP-39 Seed Phrase word list
https://www.bitcoinsafety.com/blogs/bitcoin/seed-phrase-list

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.