Ep 71: Revolutionizing Money: William Szamosszegi On Bitcoin & CBDCs
01/12/23 • 41 min
William Szamosszegi is the CEO and founder of Sazmining Inc., a retail-focused Bitcoin mining-as-a-service platform. He also hosts the Everything Crypto Mining Podcast. He is bullish on Bitcoin's future as the dominant global digital reserve asset.
This episode is about Central Bank Digital Currency (CBDC) and how William Szamosszegi, the CEO and founder of Sazmining Inc., learned about it. William believes Bitcoin is the solution for layer one sound money and sees it as a store of value primarily for people with a lot of money in the West. He also believes that bitcoin is revolutionizing money by making it easier to send money to family in other countries without worrying about fees or assets being seized. William believes Bitcoin is not the perfect technology for every use case, but smart people will continue to build on it. He is cautious about CBDCs, believing that it gives governments too much power, and could be used in nefarious ways by tyrants.
In this episode, you will learn the following:
1. How Bitcoin is revolutionizing money and providing access to reliable banking and currency to those who may not have financial privilege.
2. How Bitcoin is creating a digital reserve asset and how its utility is saving lives.
3. How Bitcoin is being compared to the Internet, with the potential to revolutionize the global financial system and provide private property rights.
Connect with William:
Website: https://www.sazmining.com/
Twitter: https://twitter.com/sazmining
Podcast: https://anchor.fm/sazmining
Free Download:
The Words of Web3 - A comprehensive glossary of terms used in the space https://mailchi.mp/9d043022b5a0/words-of-web3
Connect with me:
Instagram: https://www.instagram.com/drbrooksheehan
YouTube: https://www.youtube.com/c/DrBrookSheehan
William Szamosszegi is the CEO and founder of Sazmining Inc., a retail-focused Bitcoin mining-as-a-service platform. He also hosts the Everything Crypto Mining Podcast. He is bullish on Bitcoin's future as the dominant global digital reserve asset.
This episode is about Central Bank Digital Currency (CBDC) and how William Szamosszegi, the CEO and founder of Sazmining Inc., learned about it. William believes Bitcoin is the solution for layer one sound money and sees it as a store of value primarily for people with a lot of money in the West. He also believes that bitcoin is revolutionizing money by making it easier to send money to family in other countries without worrying about fees or assets being seized. William believes Bitcoin is not the perfect technology for every use case, but smart people will continue to build on it. He is cautious about CBDCs, believing that it gives governments too much power, and could be used in nefarious ways by tyrants.
In this episode, you will learn the following:
1. How Bitcoin is revolutionizing money and providing access to reliable banking and currency to those who may not have financial privilege.
2. How Bitcoin is creating a digital reserve asset and how its utility is saving lives.
3. How Bitcoin is being compared to the Internet, with the potential to revolutionize the global financial system and provide private property rights.
Connect with William:
Website: https://www.sazmining.com/
Twitter: https://twitter.com/sazmining
Podcast: https://anchor.fm/sazmining
Free Download:
The Words of Web3 - A comprehensive glossary of terms used in the space https://mailchi.mp/9d043022b5a0/words-of-web3
Connect with me:
Instagram: https://www.instagram.com/drbrooksheehan
YouTube: https://www.youtube.com/c/DrBrookSheehan
Previous Episode
Ep 70: From Traditional Finance to Bitcoin: Najah Roberts' Transforming Journey to Crypto Blockchain Plug
After leaving traditional finance and losing her Bitcoin, Najah Roberts took it upon herself to create the first Black-owned cryptocurrency exchange in the US, where she offers personalized coaching and support to help close the wealth gap - in an effort to prove that human touch is still necessary in the world of blockchain.
Najah Roberts is a bitcoin expert radio host and keynote speaker from Los Angeles, California. She is the founder of the first black-owned cryptocurrency exchange in the US, Crypto Blockchain Plug, where she offers personalized coaching, support, and guidance.
Najah Roberts left 13 years of traditional finance to explore the cryptocurrency space. Despite originally losing her bitcoin, she got back into the space determined to provide the space with a human touch. She is working to provide banking services to the 65 million unbanked and underbanked people in the US and to educate people on how to use Bitcoin as an asset, not to immediately purchase depreciating items.
In this episode, you will learn the following:
1. The Challenges of Buying Bitcoin Without a Bank Account - Learn about the difficulties of buying cryptocurrency without a bank account from Najah Roberts' experience.
2. The Benefits of Self-Custody - Discover the importance of self-custody in the cryptocurrency world from Najah Roberts' perspective.
3. The Future of the Bitcoin Bank - Explore the possibilities of a brick-and-mortar Bitcoin Bank with Najah Roberts' insights.
Connect with Najah:
Website: https://najahroberts.com/
Twitter: https://twitter.com/NajahRoberts
Instagram: https://www.instagram.com/najahroberts/
Free Download:
The Words of Web3 - A comprehensive glossary of terms used in the space https://mailchi.mp/9d043022b5a0/words-of-web3
Connect with me:
Instagram: https://www.instagram.com/drbrooksheehan
YouTube: https://www.youtube.com/c/DrBrookSheehan
Next Episode
Ep 72: Crypto for All: Madison Parks on Self Custody and NFTs
Madison Parks, a ceramicist and Web3 enthusiast, embarks on an unexpected journey to take self-custody of her crypto assets, discovering an exhilarating yet chaotic world that challenges her to take bold risks and become a better version of herself.
"When I was in high school and college, crypto careers weren't necessarily something to aspire to. So I just stuck with my passions, and my passions are people to people communication and art. So I got my degree in communications, and I actually have my minor in ceramic arts. I don't think a lot of people know that about me, but I am a ceramicist."
Madison Parks is a San Diego-based Web3 innovator and ceramic artist, working with wallets, NFTs, MC’ing live events, and Zcash.
Madison Parks was a college student working full time to put herself through school. She was not sure what career path to take, but she did know that she was passionate about people-to-people communication and art. After college, she moved to San Diego and stumbled into Web3. She learned about crypto and ended up working at Edge, a self-custody exchange platform. She found that she was passionate about making crypto simple and secure for beginners. Madison started an art project, Unique Earth, on OpenSea featuring her own art based on animals in the Earth. She created four collections with 52 pieces in total. Her journey into Web3 has been an incredible and unexpected journey, but a journey that has taught her to say yes to new opportunities.
In this episode, you will learn the following:
1. What opportunities has Madison Parks taken on her journey to Web3?
2. What makes Edge Wallet unique from other self-custody platforms?
3. What advice does Madison have for those new to the Web3 space who are looking to invest in crypto?
Connect with Madison:
LinkedIn: https://www.linkedin.com/in/madison-parks-440192180/
Twitter: https://twitter.com/mad_parks
Free Download:
The Words of Web3 - A comprehensive glossary of terms used in the space https://mailchi.mp/9d043022b5a0/words-of-web3
Connect with me:
Instagram: https://www.instagram.com/drbrooksheehan
YouTube: https://www.youtube.com/c/DrBrookSheehan
Dr. Brook on the Blockchain - Ep 71: Revolutionizing Money: William Szamosszegi On Bitcoin & CBDCs
Transcript
[Dr. Brook Sheehan]
Hey, dr. Brook here with another epic episode through the wild, wild west of web three. I am joined by my copilot today, William. William, will you please say your last name for me one more time?
[William Szamosszegi]
Yes, Szamosszegi.
[Dr. Brook Sheehan]
Szamosszegi. I am here with William Szamosszegi. Guys, that last name is a little tough to say, but William is the CEO and founder of Sazmining inc. Which is a retail focused bitcoin mining as a servi
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