Ep. 83: The Power Of Bitcoin And Why There Is A Need For “Sound Money” – Bob Burnett

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Cryptocurrencies have become a global trend, so if you’re into digital assets, smart money, and economics, then you need to listen in! In today’s episode, we are joined by Bob Burnett, a seasoned entrepreneur and technologist with over 35 years of experience in the technology industry. Along with founding and co-founding more than 15 companies, his most recent ventures have focused on cryptocurrency. Recently, Bob founded a third cryptocurrency mining company dedicated to using low-cost, green energy sources for Bitcoin mining.

According to Bob, Bitcoin is a product of beauty, elegance, and power. Tune in for the full scoop!

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HIGHLIGHTS OF THE EPISODE

00:00 – Episode Overview

00:33 – Multifamily Investor Nation Summit

01:16 – Guest introduction: Bob Burnett

02:40 – Bob’s background

05:30 – Getting into cryptocurrency

10:26 – Sound Money: What does it mean?

15:07 – Why was the 2021 CPI at 6.8%?

17:21 – Austrian economics and bitcoin

20:05 – We have to remove control of the money from the government

23:02 – 1913: The birth of the Feds

25:19 – What makes Bitcoin unique from other cryptocurrencies?

34:28 – How does Bitcoin work?

37:08 – Nodes

39:52www.barefootmining.com

CONNECTING WITH THE GUEST

Website: www.barefootmining.com

Twitter: @boomer_btc

Bob on Bitcoin Magazine: https://bitcoinmagazine.com/search?query=bob+burnett

I hope you found this episode valuable. I have one more thing to give you. We have a page for my coaching clients where you can get a free copy of my book and much more from previous guests on the show. Check out NextLevelIncome.com/coaching to get a free copy of my book, audiobook and much more. I’ll send you a copy of my book and cover all the shipping costs as a thank you for reading the show. Also, please like, share and take 90 seconds to give us a rating on Apple Podcasts.

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About Chris Larsen

Christopher Larsen is the founder and Managing Partner of Next-Level Income. Since “retiring” after 18 years in the medical device industry he dedicates his time to helping others become financially independent through education and investment opportunities. Chris has been investing in and managing real estate for over 20 years.

While completing his degree in Biomechanical Engineering and M.B.A. in Finance at Virginia Tech, he bought his first single-family rental at age 21. Chris expanded into development, private-lending, buying distressed debt as well as commercial office, and ultimately syndicating multifamily properties. He began syndicating deals in 2016 and has been actively involved in over $500M of real estate acquisitions.

In addition to real estate, Chris has invested in equities, oil & gas, and small business lending, as well as being active in Venture South, one of the nation’s Top 10 Angel Investing groups. Chris lives with his wife and two boys (and Viszla, Lucy!) in Asheville, NC where he loves spending time with them in the outdoors and enjoying the food and culture that the region has to offer.

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Tagged: Data Mining, Bitcoin Mining, Bitcoin, Cryptocurrency, crypto, Blockchain, Group 3

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