Friday, June 30, 2017

Episode 67: Cryptocurrency

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Intro Topics:
Consumerism. Buying an iPod vs buying Apple stock

Cost of living across countries (Purchasing Power Parity)

News/Links


Book of the Show


Tool of the Show


Cryptocurrency

  • History
  • Meaning of value
    • Labor cost
    • Psychological Value
    • Historical Trend
    • Utility value
    • Estimating value: How Double Auctions Work
  • Exchanges
    • Examples: NYSE
    • Cryptocurrency: Coinbase, Gemini (more: https://bitcoin.org/en/exchanges )
  • Why?
    • Resistant to tampering
    • Pseudonymous
  • How?
    • Private/Public Keys
    • Single state, full replication
  • The Bad & the Ugly
    • Money Laundering
    • Gambling
  • Other uses for blockchain technology
    • Voting
    • Donations


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