cover of episode BITCOIN BASICS WITH ODELL

BITCOIN BASICS WITH ODELL

2024/3/18
logo of podcast Citadel Dispatch

Citadel Dispatch

Shownotes Transcript

Originally recorded in 2022 in front of a live audience at Bitcoin Park in Nashville.**nostr live chat: **⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠)https://citadeldispatch.com/stream⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠)**nostr account: **)https://primal.net/odell⁠)youtube: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠)https://www.youtube.com/@citadeldispatch⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠)podcast: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠)https://www.podpage.com/citadeldispatch⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠)stream sats to the show: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.fountain.fm/) (00:00) Introduction to Bitcoin and its simplicity

(00:27) Ease of use and benefits of using Bitcoin

(01:08) Comparison of credit card fees and chargebacks with Bitcoin

(01:45) Bitcoin as an empowering tool for individuals

(02:11) Bitcoin's fixed supply and potential for increased purchasing power

(03:19) Bitcoin as open source code and its resistance to change

(04:42) Bitcoin as a decentralized and permissionless form of money

(05:54) Bitcoin as a savings vehicle and the perversion of its narrative

(09:26) Challenges with centralized entities and the concept of a circular economy