In Episode 107 we discuss the latest tech news including:
- Podcast discovery platform, CastBox, raises $16M in funding.
- Instagram Stories add polling stickers and an eye-dropper tool.
Jackson is the creator of DogeCoin, a decentralised, peer-to-peer digital currency. Jackson and Kevin discuss the possibility of a ‘Cryptocurrency Bubble’ and what that will mean for investors.
The hosts of this Podcast are:
It’s going to be challenging for that adoption to happen while we are in this place where your bitcoin worth could double or half tomorrow.
In tandem to that, these networks have extremely high transaction fees, comparable to traditional systems. So in Bitcoin you’re going to pay at least $2 right now per transaction. Say I was going to go down to my Starbucks and buy a $3 coffee, regardless it would cost me $2 in the transaction so it would actually cost me $5 for that coffee. That’s far higher than any credit card that you’re going to get right now.