On today's episode, Darren and Christina sit down with Jesse Berger to do a deep dive on bitcoin and the cryptocurrency market as a whole. Jesse is the other of Magic Internet Money: A Book About Bitcoin, and the title really says it all. If you've been trying to learn more about bitcoin and whether or not it's the right investment/currency for you, check out this episode and of course check out Jesse's book. Once you see the light, there's no turning back! Show notes: 00:00 - Introduction 1:35 - Jesse's background and how he became a bitcoin specialist 5:35 - What is money? 7:40 - What is bitcoin? 9:40 - What makes bitcoin better than other cryptocurrencies? 14:55 - How does bitcoin mining work? 18:20 - Is bitcoin mining energy inefficient? 22:20 - What will miners do after all bitcoin is mined? 23:10 - Who should acquire bitcoin and why? 26:15 - Long term worries on bitcoin taxation in Canada 30:20 - How does bitcoin transfer at death work (estate planning)? 34:30 - Do you pay capital gains tax on bitcoin transfer at death? 38:20 - What does Jesse say to the naysayers of bitcoin 42:00 - Where does Jesse see bitcoin going over the next 15-20 years 47:25 - How do I get my start in bitcoin? TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound
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