34: Jesse Berger ON: Magic Internet Money

In this eye-opening episode of The Block Reward, Jesse Berger joins host Scott Dedels to unravel the complexities of Bitcoin against the backdrop of traditional monetary systems. Jesse eloquently bridges the chasm between nominal and real wealth, underlining Bitcoin's role as an arbiter of true financial worth. From acceleration moments sparked by crises to resistance faced from entrenched monetary institutions, Jesse provides compelling insights into Bitcoin's inevitable role in reshaping our financial landscape. Don't miss this deep dive into why Bitcoin is not just an investment but a paradigm shift in understanding value and wealth.

Jesse Berger is the author of Magic Internet Money: A Book About Bitcoin, which he self-published in 2020. He previously spent over a decade working with large financial institutions in Canada as a banker, investment advisor, and market research consultant, where he observed first-hand the perils of central banking and fiat currency. Today, he is an independent consultant based in Toronto focused on Bitcoin adoption and education.

Key Topics Discussed:

• Bridging nominal wealth and real wealth via Bitcoin.
• Impact of Bitcoin on traditional monetary systems.
• Acceleration theory and pivotal societal changes.
• The influence of real estate policies on financial markets.

Timestamps:

06:29 The cost involved in creating and circulating money.

13:56 Bitcoin's crash.

18:44 Being concise, relatable, and technically accurate.

22:03 Chasing highs of financial success leads to "hangovers".

23:02 Officials blame everything but there is a need for systemic change.

35:13 Canada's financialization of real estate and currency.

38:42 High taxes drive away wealthy which causes the economy to shrink.

42:36 Financial system may collapse, Bitcoin offers an alternative.

53:55 Bitcoin's fixed supply boosts purchasing power.

Guest Socials:

Jesse Berger | X (Formerly known as Twitter)

Magic Internet Money: A Book About Bitcoin | Website