CoinGeek’s Chief Bitcoin Historian Kurt Wuckert Jr. recently talked to YouTuber and full-time day trader Martyn Lucas about Bitcoin. Lucas had lots of interesting questions that are particularly helpful for beginners seeking to understand Bitcoin’s history, what it really is, and whether or not there’s any real value in it.
Who is Martyn Lucas?
Lucas describes himself as a musician and pianist who nowadays trades financial assets live on YouTube. He’s primarily interested in stocks and shares with a particular focus on companies aiming to change the world. He keeps it honest by trading via livestream and tells Wuckert that as far as Bitcoin goes, he’s a novice.
Martyn Lucas tells a scary truth
Lucas opens the conversation by telling Wuckert a scary truth: a poll he conducted recently revealed that the majority of his audience listened to Michael Saylor’s talks about Bitcoin and “had no idea what he was talking about, but bought it anyway.”
This is the frightening reality of the digital currency industry today. Ordinary people with no understanding of Bitcoin watch sophisticated-sounding propaganda put out by financial heavyweights like Saylor and buy into it on nothing more than the weight of his reputation as a billionaire businessman.
We’re working hard to correct this at CoinGeek, and it’s one of the reasons Wuckert and others do these interviews. It’s essential to set the record straight about what Bitcoin is and is not. It’s certainly…
