VIDEO: Bitcoin at 00!!! But What To Look Out For Now
Bitcoin has just gone up to $2,000 per bitcoin, the all-time high! In this video we Luke talks with Joby Weeks who is a bitcoin miner and entrepreneur about how this happened, some of the pitfalls that could occur, and an important lesson about how to avoid losing money because of hackers. Joby is part of a mining club called BitClub which is one of the top 10 bitcoin miners in the world.
Luke asked long-time friend Joby how the price has climbed so high. Scarcity is the short answer.. you can’t just print BTC out of thin air.. it’s a deflationary currency, so over time with the supply going down and the demand going up- the price goes up. A lot of people are really excited about bitcoin and the blockchain in