Guest Episode on Tom Woods Show: Bitcoin, Present and Future
The Bitcoin Standard Podcast

Guest Episode on Tom Woods Show: Bitcoin, Present and Future

Apr 11 2021 • 39m
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Show Notes

I joined Tom Woods to discuss current trends in Bitcoin, whether it’s in a “bubble,” what its advantages are, what the future may hold, and why all of this should matter to libertarians. THE BITCOIN STANDARD TOOLKITThe Bitcoin Standard Toolkit is a selection of the Bitcoin services I recommend to readers and learners on, as they upgrade from The Fiat Standard to The Bitcoin Standard.NYDIG  NYDIG is a leading full-service financial services firm dedicated to Bitcoin, applying institutional wisdom and ingenuity to help clients access the unrealized potential of this emerging asset class. NYDIG offers the full suite of financial solutions needed for financial institutions to access Bitcoin, from custody, execution, financing, treasury solutions, integration partnerships, and more.Check their website here: To secure your bitcoins, it is important to keep your seedphrase backed up safely, and for that, I highly recommend using the CypherWheel seed storage device, a gorgeous and brilliant sturdy piece of low time preference engineering from a fourth-generation machine shop in Maine.Check their website here: someone asks me how to invest in Bitcoin, my advice is to accumulate bitcoins periodically for the long run, or dollar-cost averaging. When you buy every day, week, or month, you play bitcoin’s volatility to your advantage. In the long run, this strategy will outperform every other bitcoin investment strategy, except for dumb luck, and lying about timing the market. For dollar-cost averaging, I strongly recommend OKCoin, the exchange with the lowest fees for recurring purchases worldwide. OKCoin is also the bitcoin exchange accessible in the most countries around the world.Check their website here: believe it is really important to run a node, but I don’t recommend running it on your work or personal computer, as it can compromise the performance of your computer and, more importantly, the security and privacy of your bitcoin node. A far better solution is to buy a dedicated hardware node, and for that, I highly recommend Nodl.Check their website here: hardware wallet of choice is the Coldcard. I strongly recommend only conducing bitcoin trades on computers tha
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