2 min read

Pleb Say #28

Pleb Say #28

For our 28th meet up we had bitcoin/tech Investor and Entrepreneur Stephen Cole speaking he went of the following:

  • The emphasis on Bitc0in's limited supply of 21 million, distinguishing it from traditional currencies and assets.
  • The shift in perception of Bitc0in from a risky investment to a pivotal element of a diversified financial portfolio.
  • The importance of having a Bitc0in strategy likened to the necessity of an internet strategy in the past
  • The comparison between Bitc0in and traditional currencies, highlighting risks associated with conventional forms of wealth.
  • Bitc0in's decentralized nature and restricted supply providing security against economic uncertainties.
  • Highlighting Bitc0in's transformative potential in reshaping the financial landscape
  • The need to adopt innovative technologies like Bitc0in for a stable and prosperous future as society evolves.

At our 28th meetup, we had Stephen Cole, prominent bitcoin investor and entrepreneur with a passion for technology, share his insights with us as he presented a slide show. Stephen touched on some key points about Bitcoin that are reshaping our understanding of money and investments.

One important aspect Stephen discussed was the fact that there will only ever be 21 million Bitcoins in existence, making it unique compared to regular money. This limited supply adds to Bitcoin's value and appeal in the digital currency space. In the past, Bitcoin was seen as a risky investment, but now more and more people are recognizing it as a smart addition to a diverse investment portfolio. He liked tied understanding Bitcoin to understanding and using the internet when it first emerged.

When comparing Bitcoin to traditional fiat money, Stephen pointed out that regular currencies can lose value due to factors like inflation or government interference. Bitcoin, on the other hand, operates independently and has a restricted supply, offering a potential shield against economic uncertainties. He also highlighted the transformative power of Bitcoin in reshaping our approach to money and investments. As technology advances, embracing innovative concepts like Bitcoin is key to creating a stable and prosperous future for everyone.

In summary, Stephen emphasized the importance of having Bitcoin in your financial plans. By exploring the benefits of Bitcoin and understanding how it fits into our financial strategies, we can pave the way for financial security and growth for all! If you happened to miss it check out the recording and all our other ones on our Youtube it's great for explaining bitcoin and is a foundational talk for the club.