Transcript
  • 00:00    |    
    Initial credits
  • 00:06    |    
    Introduction: Investing in Bitcoin
  • Discovery of Bitcoin and investing from the Austrian Economics perspective
  • 02:30    |    
    First lesson: Understanding Bitcoin
    • Definition of Bitcoin
    • Global usage
    • Digital existence
    • Protocol
    • Reliability
    • Information synchronization
    • Allocation of property
    • Difference between the Bitcoin network and currency
  • 06:35    |    
    Second lesson: Keep it simple
  • Investing in the Bitcoin ecosystem
  • 08:14    |    
    Third lesson: Security is key
    • Personal responsibility
    • Safety storage
  • 09:15    |    
    Fourth lesson: Don't overestimate the impact of politics
  • A possible buying opportunity in times of crisis
  • 10:42    |    
    Fifth lesson: Use mass psychology to your advantage
  • Amount of activity and the value of Bitcoin
  • 13:00    |    
    Sixth lesson: Understanding the flow of liquidity
  • Bitcoin mining
  • 16:33    |    
    Seventh lesson: No need to bet the farm, invest Responsibly
    • Bitcoin as a disruptive technology
    • Value of the network
    • Optimistic view of future for Bitcoin in Latin America
  • 23:43    |    
    Segment of questions, answers and commentaries
    • Is the increase of Bitcoin price a financial bubble in disguise?
    • What do you think is a real price for Bitcoin?
    • Is it not a negative point for illegal transactions?
    • How do I buy bitcoins in Guatemala?
    • How do you store bitcoins? What is bitcoin mining?
  • 34:20    |    
    Final words
  • 34:29    |    
    Final credits


7 Lessons I Learned about Investing in Bitcoin

New Media  | 21 de enero de 2014  | Vistas: 60

Tuur Demeester presents in this video seven main rules to invest in Bitcoin: understanding what is Bitcoin, simplicity, security, impact of politics, flow of liquidity, investing responsibly. Being a new type of currency, Demeester explains the theory of spontaneous order from the Austrian perspective of economics. He continues by defining the difference between the bitcoin exchange and network from its global usage and its digital existence. He urges future investors in the new ecosystem to keep it simple in buying and selling the coin. By being an unconstructed system, security is key in keeping the investments secure by having personal responsibility regarding passwords and storage. He impulses the possibility of buying opportunities in times of crisis and reminds the users to keep in mind the real effect of world politics in the mass financial power. The value of the coin is not a stable one, it depends on the amount of interchange, and Demeester regards the importance of mass psychology for the advantage in the flow of liquidity. He urges to invest responsibly, concerning the value of the network and the changes in demand and offer of the crypto-market. He ends his presentation by stating the future of the coin in Latin America as a disruptive modification for a better future.

 

 

 

 


Conferencista

Tuur Demeester is an early investor and advocate of Bitcoin. He…

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Universidad Francisco Marroquín