Michael Goldstein (@bitstein), president of the Nakamoto Institute and co-host of the Noded Podcast, joins Erik on this episode. Between him and Erik they break down some of the basic concepts around Bitcoin and explain why it's important in general.

Michael explains why he's keen to feast on the tears of nocoiners and breaks down a number of the common misconceptions about Bitcoin. He also talks Austrian economics and potential roadblocks for Bitcoin.

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Venture Stories is brought to you by Village Global, is hosted by co-founder and partner, Erik Torenberg and is produced by Brett Bolkowy.