Bitcoin (BTC) Halving Event

Introduction to "Bitcoin (BTC) Halving Event"

In this episode of the Lifestyle, Travel & Technology podcast, Alexander will be the only one hosting due to unforeseen circumstances. The episode will cover a major event everyone involved with cryptocurrency knows about or at least has heard of - The Bitcoin (BTC) halving event.

Alexander will dive into the topic of the Bitcoin Halving Event answering questions like what is a cryptocurrency? and what is a blockchain? He explains what Bitcoin is and why so many are already involved with the currency. He continues on by explaining how the technology behind Bitcoin works and how there is a reward system for so called "miners". This term will also be explained in the episode.

Alexander ends by summarizing the episode and giving out his suggestion on which platform/broker/exchange he uses and why he chose to stick with this company.


Podcast Episode Summary

What is a cryptocurrency?What is a blockchain? blockchain technology?Proof of Work consensus algorithmWhat is Bitcoin?Bitcoin (BTC) Halving EventBitcoin NetworkWhat does this mean exactly?History of BTC Halving EventsTheory of the Halving event and the chain reaction it sets offWhere can I buy bitcoins or other cryptocurrency?

Quotables

Alexander - "...blockchain is the technology that enables the existence of cryptocurrency while the cryptocurrency itself is pretty much a medium of exchange..."
Alexander - "...these miners get rewards in the form of Bitcoins..."



Recommended Resources

https://www.buybitcoinworldwide.com/austria/https://www.bbc.co.uk/newsround/25622442https://www.investopedia.com/terms/b/bitcoin.asphttps://www.investopedia.com/bitcoin-halving-4843769