Ep #5: Curbing Inflation with Bitcoin with Ezeagwu Chiemezie Michael

In this episode we interviewed Ezeagwu Chiemezie Michael. He is an associate project manager at the Hertfordshire Business School, London and the Founder of Factory 14 Analytics.

In this episode we cover

• What bitcoin analysts do
• What bitcoin the network is
• Bitcoin adoption in the UK compared to adoption in Africa
• Case study of how adoption of bitcoin as a legal tender was beneficial to El Salvador and their revenue
• The Metcalfe’s law of network analysis and its application to the bitcoin network
• How bitcoin increases in value
• Why countries opt for developing their own centralized digital currency as against making bitcoin legal tender like El Salvador did
• Whether bitcoin can solve hyperinflation
• The probable date when no one would want to sell their bitcoin
• Whether it’s possible to take bitcoin to the unbanked
• How the best way to get bitcoin is to earn bitcoin
• How to deal with the objection that bitcoin can curb inflation
• The financial opportunities behind bitcoin

Follow Ezeagwu Chiemezie Michael on Twitter @Encode4

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