Episode 82: Cryptocurrency
Publisher |
Podbros Network
Media Type |
audio
Publication Date |
Aug 30, 2017
Episode Duration |
00:33:44
Cryptocurrency may be our most mature and responsible subject yet!  John takes the time to explain cryptocurrency to Damon and Kaz.  For the uninitiated, cryptocurrency is, “digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency.” Special thanks to Wikipedia for letting us plagiarize […]

Cryptocurrency may be our most mature and responsible subject yet!  John takes the time to explain cryptocurrency to Damon and Kaz.  For the uninitiated, cryptocurrency is, “digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency.”

Special thanks to Wikipedia for letting us plagiarize that.  One of the popular types of cryptocurrency is Bitcoin.  One bitcoin costs $4575.46.  That’s absolutely insane.  How can something that’s basically a number on a computer be worth more than the US dollar?  And how could something like this sustain an entire economy effectively?  mind blowing is that there are places willing to accept bitcoin as a form of payment.

Another mind-blowing aspect about cryptocurrency is that there are places willing to accept it as a form of payment.  Former UFC fighters Stephan Bonnar and Phil Baroni are partnered with The Legends Room, a gentleman’s club in Las Vegas, that accepts Bitcoin as a form of payment for everything from memberships to drinks.  There’s even a machine that allows you to exchange Bitcoin for USD and vice versa.  What a time to be alive…

Damon also takes the time to promote that awesome, incredible, super-based Jean Pod Van Damme Cast (only on Podbros Network).  He’ll be making a guest appearance on the upcoming Until Death episode.  It’s going to be great, the best guest appearance of all-time.

 

Cryptocurrency may be our most mature and responsible subject yet!  John takes the time to explain cryptocurrency to Damon and Kaz.  For the uninitiated, cryptocurrency is, “digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency.”

Special thanks to Wikipedia for letting us plagiarize that.  One of the popular types of cryptocurrency is Bitcoin.  One bitcoin costs $4575.46.  That’s absolutely insane.  How can something that’s basically a number on a computer be worth more than the US dollar?  And how could something like this sustain an entire economy effectively?  mind blowing is that there are places willing to accept bitcoin as a form of payment.

Another mind-blowing aspect about cryptocurrency is that there are places willing to accept it as a form of payment.  Former UFC fighters Stephan Bonnar and Phil Baroni are partnered with The Legends Room, a gentleman’s club in Las Vegas, that accepts Bitcoin as a form of payment for everything from memberships to drinks.  There’s even a machine that allows you to exchange Bitcoin for USD and vice versa.  What a time to be alive…

Damon also takes the time to promote that awesome, incredible, super-based Jean Pod Van Damme Cast (only on Podbros Network).  He’ll be making a guest appearance on the upcoming Until Death episode.  It’s going to be great, the best guest appearance of all-time.

 

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