8/4/23: Get Ready for the Fourth Industrial Revolution
THE TRUTH ABOUT YOUR FUTURE with Ric Edelman
00:00
Bitcoin and the New Bitcoin ETFs
People all around the world verify the data that's on the Bitcoin blockchain, but why would anybody bother? The reason is that they get paid to do so. There's a new puzzle to solve about every 10 minutes and each of those puzzles gets a reward of 6.25 bitcoins. At $30,000 per Bitcoin, that's $187,000 for 10 minutes worth of work. These people are called Bitcoin miners. They're trying to find the next Bitcoin reward just like gold miners are trying to find more gold.
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