SM
Guest profile
Steven Michaels
Bitcoin Consultant, Investor and Entrepreneur at Digital Currency Institute
Steven Michaels is a Bitcoin consultant, investor and entrepreneur who served as president of the Digital Currency Institute and founding member of the San Diego Bitcoin Association.
He co-organized the San Diego and Orange County Bitcoin Meetup Groups and is an advocate for technologies that protect individual property rights.
1Interview
2014First on the show
Oct 2014Latest appearance
7 minOn camera
6:55
Latest interview · Oct 13, 2014Steven Michaels discusses bitcoin consulting and adoptionWatch the episode →
Key points
- Bitcoin remittance adoption is hindered by lack of exchange liquidity at both ends of transactions, particularly in developing nations.
- The San Diego Bitcoin Meetup grew from 1-2 weekly attendees to 30+ regular attendees despite price volatility since its launch two years prior.
- The Digital Currency Institute certified approximately half a dozen bitcoin consultants through an open-book, untimed test format designed to educate rather than disqualify.
- Extended coins leveraging the Bitcoin blockchain are more likely to have lasting impact than standalone altcoins serving only niche markets.
- Michaels predicted Bitcoin would reach near all-time highs of approximately $1,100 by January 1st, 2015.
