046. What is Bitcoin and Blockchain Technology with Andres Antonopoulos

As Bitcoin is gaining popularity right now, many people are still wondering what exactly is Bitcoin? And how does it work?

Today’s episode of The Solomon Investor podcast is all about Bitcoin.

My special guest, Andreas M. Antonopoulos is a speaker, educator and best-selling author. Andreas is a highly sought after expert in Bitcoin and open blockchain technologies. Andreas is known for his ability to break down complex subjects, turning them into easy-to-understand concepts. In his own words, Andreas’s mission as an educator is to “educate as many people as possible, in as many places as possible, in as many languages as possible, about Bitcoin and open blockchains”.

In this episode, Andreas and I really go deep to explain what Bitcoin is and how it works, we also cover popular topics like the security and utilization of Bitcoin.

-And this is just part 1! We have so much to share about Bitcoin that we had to make a part 2! (Coming very soon)

Key Takeaways:

Introduction to Andreas (2:19)

How Andreas discovered Bitcoin (4:59)

What is Bitcoin? (11:12)

Why is a decentralized system so important? (13:25)

What makes Bitcoin so different? (21:25)

What is the utilization of Bitcoin right now? (30:38)

Andreas explains the security of Bitcoin (35:55)

What is the FDIC? (41:38)

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