Decrypting Crypto: Bitcoin and NFTs

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Midnight Facts for Insomniacs

Comedy


The boys take a break from espionage to explore bitcoin, the blockchain, and all things cryptocurrency. What even IS a Bitcoin, and how does it work? Is cryptocurrency a solid investment? Is Bitcoin really anonymous? And who the heck is Satoshi Nakomoto?  ~ Join the MFFI community and vote on episode topics via DISCORD ~ In this episode:  History of Currency Commodity Currency Representative Currency Fiat Currency The Silver Standard The Gold Standard Fort Knox Inflation Satoshi Nakamoto The White Paper The Genesis Block Laszlo Hanyecz and the Pizza Catastrophe Bitcoin Mining and the Blockchain Explained 51% Attacks Proof of Work Dongles and Bitcoin Wallets 21 Million Max Transaction Fees Pseudonymity   The FDIC Mt. Gox Fungibility and NFTs The Electronic Elephant in the Room  ~ Join the Midnight Masses! Become an Insomniac by dropping a review, adding us on social media, and contacting us with episode ideas.  And we now have Midnight Merch! Show your Insomniac pride and pick up a tee shirt or coffee mug to spread the word!  Midnight Merch  ~ Leave an Audio Message! ~  Instagram ~ Shane's Comedy Schedule and Info ~ Podcast Website ~ Episode Transcript   ~ KNOWLEDGE IS POWER, AND SLEEP IS OVERRATED ~