Brainstorming Bitcoin

Are you intimidated by Bitcoin because there’s so much to learn? At the end of the day, the one thing you really need to understand in order to use the digital currency is recovery words. Once you have mastered the fundamentals of recovery words and learned how to protect and store them, you can join the revolution and enjoy the unhackable alternative to banking that is Bitcoin.    Today on the podcast, Larry and Kyle compare Bitcoin and banking, conceding that the traditional finance system may be easy to use but arguing that the security associated with crypto far surpasses that of traditional finance. They point out that most of us don’t fully understand how our credit cards work, for example, yet we use them every day—and explain how a basic understanding of private keys and recovery words is all that’s necessary to start using Bitcoin.   The Brainstormers also discuss the idea behind the Lightning Trust Chain and its progress to date, offering insight around how the network was created to facilitate smal