beyond MD with Dr. Yatin Chadha

Bitcoin - the fundamentals

March 11, 2021 Yatin Chadha Season 1 Episode 8
beyond MD with Dr. Yatin Chadha
Bitcoin - the fundamentals
Show Notes

Dr. Yatin Chadha hosts Sue Ennis, head of investor relations at Hut 8 mining corporation. Sue has 4 years of dedicated experience in the crypto space with previous roles at Shyft Network (senior vice president, global partnerships) and Coinsquare (director).

The aim of the episode is to help listeners gain basic knowledge of bitcoin, its emerging role in the financial industry, and understanding it as a potential investment.

Disclaimer: I do not provide investment advice, nor do I tell anyone to invest in cryptocurrency.  Please conduct your own due diligence :)

Episode covers:

Crypto 101
- what is bitcoin?
- what are the benefits of bitcoin?
- factors driving demand 
- blockchain fundamentals
- is bitcoin scalable?
- which areas in the world is bitcoin acceptance accelerating fastest?
- will bitcoin accompany fiat currencies or eventually replace them?

Bitcoin headwinds/challenges
- competition from other cryptocurrencies 
- security/hacking
- government intervention/regulation
- impact of digital currencies
- impact of tether stablecoin
- illicit activity (myth?)

Bitcoin mining
- understanding the business model
- streams of income
- hut8 vs other miners
- is mining centralized (myth?)
- mining carbon footprint

Investing in bitcoin
- coin exchanges 
- roboadvisors, ETFs, fees
- proxies for getting into bitcoin (miners etc)
- security issues, wallets