We Learned This After Countless Failed Bitcoin Ventures - YMB Podcast E136
WCN
·
2016-08-25
·00:53:52
·World Crypto Network
MP3, Links, and More: http://ymb.tc/e136
This is episode 136 of You, Me, and BTC – your liberty and Bitcoin podcast!
We’ve invested tons of time, sweat, money, and tears into numerous Bitcoin ventures over the years. We tried Bitcoin mining (http://ymb.tc/BFL), selling physical Bitcoins, day tradi...
Summary
## YMB Podcast E136: "We Learned This After Countless Failed Bitcoin Ventures" - Summary
This 2016 episode of the YMB Podcast (E136) features hosts Daniel Brown, Tim Baker, and guest Mitch ("Batty Three Shoes") recounting their early, often disastrous, experiences with Bitcoin ventures. The episode is a humorous look back at lessons learned through trial and error.
Main Topics:
- Early Bitcoin mining attempts using Butterfly Labs equipment ("jalapeno" models)
- Raspberry Pi Bitcoin mining operation and related mishaps
- Failed venture involving "physical Bitcoins" and a dramatic destruction video
- Regret over missed investment opportunities and the importance of embracing failure
- Discussion of Bitcoin mining resources and potential ethical concerns
Key Quotes:
- "Failure is part of the process." - Reflecting on past ventures.
- Tim: Recounting his initial investment in Butterfly Labs equipment while driving home from work.
- Mitch: Described as a rapper, entrepreneur, and wildlife survivalist with a limited understanding of Bitcoin.
People Mentioned:
- Daniel Brown
- Tim Baker
- Mitch ("Batty Three Shoes")
- Tyler
Bitcoin Price:
- The hosts mention mining a fraction of a Bitcoin when the price was low, but the specific price point is not stated.
The hosts also briefly promoted merchandise at youmeandbtc.com/garb and a sponsored segment for Crypto Games.
People mentioned