Joshua Scigala has been searching for Bitcoin long before it was actually launched. And as a gold enthusiast, he has always seen the two scarce commodities as complimentary assets. In this episode, the Vaultoro CEO talks about his Bitcoin journey.
Time stamps:
00:01:00 - Joshua's interest in alternative currencies and Bitcoin
00:03:00 - Previous alternative currency projects
00:05:00 - The nature of money and gold
00:06:00 - Joshua's 2011videos about Bitcoin
00:09:00 - Joshua's discovery of Bitcoin and its potential
00:10:00 - Silk Road and early Bitcoin adoption
00:13:00 - A missed panel opportunity and the search for Satoshi
00:15:00 - Bitcoin's resilience and the risks of financialization
00:18:00 - Bitcoin ETF and market manipulation
00:21:00 - Naked short selling and market manipulation
00:24:00 - Vaultoro and pricing Bitcoin in gold
00:29:00 - Counterparty risks and the Mt. Gox collapse
00:31:00 - Proof of reserves and the Glass Books Protocol
00:37:00 - Transparency and regulation in the crypto space
00:41:00 - Voluntary regulations and best practices
00:46:00 - Regulation, scams, and the need for consumer education
00:50:00 - Bitcoin's association with illegal activities
00:53:00 - SegWit adoption and scaling Bitcoin
00:57:00 - Lightning Network and RGB tokens
01:00:00 - Grayscale's "Drop Gold" campaign
01:04:00 - The complementary nature of Bitcoin and gold
01:12:00 - Peter Schiff's criticism of Bitcoin
01:15:00 - How to buy and secure gold
01:20:00 - Securing Bitcoin and hardware wallets
01:27:00 - Trust and verification in the Bitcoin space
01:32:00 - Software updates and security risks
01:35:00 - Securing Bitcoin seeds and hardware wallets
01:39:00 - Shamir backup and Trezor's innovation
01:42:00 - The improbability of cracking Bitcoin's cryptography
01:46:00 - Satoshi's anonymity and Craig Wright's claims
01:50:00 - Proof of Stake and mining decentralization
01:55:00 - Vaultoro promotion and closing remarks