This is episode 134 of You, Me, and BTC – your liberty and Bitcoin podcast!
To kick off today's show, we're covering yet another Bitcoin exchange hack. Last Tuesday, Bitfinex was taken for at least $60 million worth of Bitcoin. The Bitcoin price subsequently fell as much as 20%. Although we've said this countless times before, we can't stress enough the importance of safely storing your coin, since events like this are far too common.
Then later in the show, a special guest joins us to chat about some Bitcoin basics. Ryan Tofil is a complete Bitcoin newbie, and he'll share what he thinks he knows about Bitcoin and what he doesn't. We'll chat about everything from Bitcoin mining to the blockchain to transactions and more, using the simplest terms we can come up with.
Tune in for a healthy dose of humor from Mr. Tofil! Your hosts are Daniel Brown, Tim Baker, and John Stuart. Enjoy!
Leave a comment and tell us how you keep your cryptocurrency safe from hacks!
We'd also like to thank this episode's sponsor, LuckyBit.
If this Bitcoin podcast was interesting, entertaining, or anything else, please use the share buttons to let others know that it exists! Every little bit of support helps.
And if you want to support YMB more directly, buy a Bitcoin Ultra Ball T-shirt!
Tips appreciated: 1Kiy8x4pwMS7RQuH7xDeVcfqeup7gUTqA