John: Bitcoin is the new money standard - BFM046

John (aka @LastCoinStandng) is an avid Bitcoiner and educator focused on Bitcoin's second-order effects. He's a former Product Management Leader at Mastercard with 20 years of experience in consumer internet and financial services. He writes extensively on Bitcoin, particularly exploring how loyalty and merchant offers can drive Bitcoin's use as a medium of exchange. He has a strong background in user research, metrics, and business strategy, and is an advisor to Satsback, a European Bitcoin rewards company.

→ Follow John on https://x.com/LastCoinStandng

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Timestamps

00:00 - Introduction and Background

04:03 - Encountering Bitcoin and Overcoming Biases

06:59 - Bitcoin's Second-Order Effects and Colleague Adoption

09:23 - Bitcoin's Unique Characteristics: Scarcity and Neutrality

11:54 - Bitcoin's Future Role in Money

16:33 - Bitcoin as a Base Layer for Final Settlement

25:12 - Absolute Scarcity and Importance of Understanding Money

29:10 - Less Discussed Bitcoin Characteristics

35:13 - Neutrality and Financial Inclusivity of Bitcoin

38:22 - Impact on Self-Sovereignty and Personal Agency

41:57 - Flaws of Fiat Money

44:14 - Bitcoin as a Medium of Exchange

51:24 - Bitcoin as a Treasury Reserve Asset

59:26 - Shifting of Monetary Energy

01:09:20 - First Principles Thinking