HODL That Thought Podcast #4: What is the blockchain pt 1.

HODL That Thought Podcast #4: Blockchain basics with James and Don from Coinstart

Marc 28 March 2018 NEWS

This week James and Don from Coinstart explain to us in a simple way how the blockchain works. Coinstart is an Australian end-to-end blockchain advisory group. We also covered topics including why blockchain applications always have tokens attached to them and how crypto currencies could replace money in the future.

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Shownotes

Moving the needle

Craptocurrency

Interview with James and Don

  • 28:40 – What is the blockchain and why are people using it?
  • 30:42 – What are the most common questions you get around the blockchain/biggest confusion points?
  • 32:02 – What are the most interesting applications of the blockchain?
  • 35:37 – Why do blockchain uses need to have a token attached to them?
  • 37:59 – How can you evaluate the validity of an ICO?
  • 41:05 – How many ICOs do they look at and are comfortable investing in?
  • 41:42 – What kinds of people are signing up for crypto currency courses?
  • 42:36 – What in the real world can you buy with a crypto currency? Travel by bit, Living room of Satoshi
  • 43:40 – Tax events around using crypto currency
  • 45:28 – Are most people getting into crypto currencies for speculation?
  • 45:50 – Will crypto currencies and the blockchain become a new way to spend money? Kuva Cash

Are you broke yet?

  • 50:32

Decrypted

  • 1:02:27

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