Free Court Show With Jason Hartman

FC 37 - Potential Freedom from Centralized, Government Backed Currency with Tama Churchouse

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Synopsis

Bitcoin is in the news, and there's an amazing rush on cryptocurrencies and seemingly a new coin coming out every day. So it's becoming more obvious that we're in a bubble. But what's the real future of cryptocurrencies? Jason Hartman talks to Tama Churchouse, co-founder of Churchouse Publishing Limited and lead cryptocurrency analyst at Stansberry Churchouse Research, about what's going on in the world of cryptocurrency. Tama explains the differences between things like Bitcoin and Etherium, and the two look into what the government's future role in cryptocurrency will look like. Key Takeaways: [1:27] Why is there a sudden runup in cryptocurrencies? [6:06] The average transaction fee for Bitcoin is making it impossible to scale [10:12] There are currently over 1,500 different cryptocurrencies with a market cap of around $520 billion [12:08] There are currently protocols being written on the blockchain that you can buy into [14:42] An explanation of "CryptoKitties" and how it can be applied to other avenues [