Chapter
Betting on Yourself with Your Own Cryptocurrency
22:36 - 29:34 (06:58)
The founder of Summit, Jason Calacanis, discusses the strategy of setting the founder reward to zero in order to buy their own cryptocurrency and bet on themselves, as opposed to discouraging others from buying the coin.
Clips
Users of Big Cloud with a large following can benefit by setting their rewards percentage to zero and buying their own coins instead.
22:36 - 26:30 (03:54)
Summary
Users of Big Cloud with a large following can benefit by setting their rewards percentage to zero and buying their own coins instead. This allows them to invest in themselves and benefit from the growth of their reputation and market cap.
ChapterBetting on Yourself with Your Own Cryptocurrency
Episode#164 with Ryan Begelman - BitClout Explained, How To Successfully Angel Invest & A Police Sting?
PodcastMy First Million
Keeping Bitcoin valuable relies on the philosophy of its holders to hold the coin, as well as preventing immediate withdrawals to avoid crashing the network.
26:30 - 28:40 (02:10)
Summary
Keeping Bitcoin valuable relies on the philosophy of its holders to hold the coin, as well as preventing immediate withdrawals to avoid crashing the network.
ChapterBetting on Yourself with Your Own Cryptocurrency
Episode#164 with Ryan Begelman - BitClout Explained, How To Successfully Angel Invest & A Police Sting?
PodcastMy First Million
In this podcast episode, the host shares his excitement and curiosity about Bitcoin and its seemingly addictive nature.
28:41 - 29:34 (00:53)
Summary
In this podcast episode, the host shares his excitement and curiosity about Bitcoin and its seemingly addictive nature. He discusses how his friends have invested a quarter of their net worth and made 5 to 10 times their money, but are unable to withdraw it.