Bitcoin for Millennials

Tim Savage, a CPA and Bitcoin expert, shares his transformative journey from skepticism to becoming a passionate advocate for Bitcoin. He highlights the alarming U.S. debt crisis, arguing that Bitcoin serves as a crucial hedge against currency debasement. Tim contrasts Bitcoin's unique qualities with traditional assets, presenting it as the safest store of value. He delves into the implications of wealth inequality, the global flight to scarcity, and the ongoing battle against skepticism in the financial world. Tim's core belief in human ingenuity shines through as he envisions Bitcoin driving future innovation.

Wyatt O'Rourke, founder of Basilic Financial and author of The Bitcoinization of Finance, shares insights on the intersection of Bitcoin and personal finance. He challenges the notion of the millennial wealth transfer, highlighting its dependence on paper gains. O'Rourke emphasizes Bitcoin's role as a moral asset for the younger generation, offering a means of protecting wealth amid systemic changes. He also discusses the importance of self-custody and warns against ETFs, advocating for grassroots adoption and the emergence of new decision-makers in finance.

DeAnte Bruton, a former college athlete and IT professional, dives into his early Bitcoin journey and the big questions he faced. He shares how podcasts illuminated the real value of Bitcoin compared to traditional savings and the enlightening realization about fiat currency. They discuss the notion of feeling late to the Bitcoin party, and Bram highlights why it's still early for Bitcoin adoption. Practical tips for discussing Bitcoin with skeptics and essential resources for beginners round out their insightful conversation.

Dr. Ahmad Ammous, an internal medicine physician, champions lifestyle-based healing and critiques modern healthcare's reliance on pharmaceuticals. He shares his disillusionment with medical training and how personal diet experiments reshaped his approach to healing. Discussing the impact of fiat money, he argues it centralized medicine and stifled competition. Ahmad warns about medication risks and reveals how Bitcoin could decentralize healthcare, provide direct payment methods, and empower patient autonomy for better health outcomes.

Mike Munz, a former IT professional turned Bitcoin educator and investor, discusses the financial risks of not owning Bitcoin. He explores Bitcoin's unique value as a savings tool compared to traditional investments and the shift in how people perceive financial risks. Munz underscores the importance of self-custody for securing Bitcoin and critiques traditional fiat systems, advocating for a deeper understanding of monetary inequality. He shares personal experiences that highlight Bitcoin's potential to transform financial mindsets and promote individual autonomy.

Vijay Selvam is a lawyer and the author of Principles of Bitcoin: Technology, Economics, Politics, and Philosophy, a comprehensive first-principles guide to understanding Bitcoin’s multidimensional impact and once‑in‑history discovery.› https://x.com/VijaySelvamXO› https://www.amazon.com/Principles-Bitcoin-Technology-Economics-Philosophy/dp/023122012X› ’Bitcoin is Time’ paper that is referenced: https://dergigi.com/2021/01/14/bitcoin-is-timePARTNERS🌳 Gain peace of mind with Onramp’s Multi-Institution Custody solution. Sign up with code BRAM to receive $150 in Bitcoin after your first deposit: https://onrampbitcoin.com/bram🟧 Gemini’s Bitcoin Credit Card: Earn instant bitcoin rewards on every purchase with no annual fee. Sign up today to earn a $200 intro Bitcoin bonus: https://gemini.com/bram🔐 Blockstream Jade Plus: The simplest and most secure hardware wallet on the planet - Get 10% off your entire order with code BRAM at https://store.blockstream.com🔨 Stamp Seed: The safest way to backup your hardware wallet - Get 15% off with code BRAM at https://stampseed.comPRODUCTS I ENDORSE› Get the The Bitaxe Gamma (open-source Bitcoin home miner) in US & UK with 10% using code BRAM: https://shop.powermining.io/?ref=BRAM› Buy Bitcoin in the EU 🇪🇺 via https://relai.me/bram and use code BRAM to reduce fees by 0.5%🔔 SUBSCRIBE TO GET NOTIFIED› YouTube: ⁠⁠https://youtube.com/@bramk⁠⁠› Follow Bram on ⁠⁠https://x.com/bramk🕑 TIMESTAMPS00:00 - Introduction to Bitcoin and Its Principles03:06 - The Journey from Gold to Bitcoin03:31 - Understanding Bitcoin Through First Principles04:03 - The Rock of Centaurus: A Thought Experiment04:09 - The Map is the Territory: Bitcoin's Unique Nature10:36 - Bitcoin's Edge Over Traditional Assets13:26 - The Core of Digital Scarcity14:53 - Understanding Money and Its Properties20:32 - The Evolution of Money21:06 - The Impact of Inflation and Debt23:55 - Central Planning and Its Consequences29:32 - Bitcoin's Role in Sovereignty and State Power45:43 - The Cycle of Civilizations47:50 - Time Preference and Economic Behavior49:47 - Bitcoin as a Solution to Consumerism53:13 - The Impact of Money on Society53:54 - Bitcoin: A Once in History Invention01:00:45 - Bitcoin as a Mirror of Self-Reflectionℹ️ EPISODE SUMMARYBram Kanstein and Vijay Selvam unpack The Principles of Bitcoin — technology, economics, politics, and philosophy — through the eyes of an ex–Wall Street lawyer who lived the 2008 crisis from the inside.Vijay saw bailouts and moral hazard up close, turned to gold, and eventually realized Bitcoin’s absolute scarcity, decentralized consensus, and unstoppable design make it the once-in-history breakthrough the world needs. From the Rock of Centaurus thought experiment to proof-of-work, incentives, inflation, and sovereignty, this conversation cuts to Bitcoin’s core: why it can’t be shut down, and why everything else in society flows downstream from the quality of money. We cover:Why Wall St. insiders dismissed Bitcoin at firstScarcity, consensus, and proof-of-work explained simplyWhy incentives make Bitcoin unstoppableThe map vs. territory problem solved by BitcoinFiat inflation as hidden theftBitcoin as a nonviolent revolution against state controlHow sound money reshapes time preference, culture, and the future

Anil Patel, the author of The Bitcoin Handbook and an angel investor, shares his expertise on Bitcoin's transformative potential. He emphasizes the importance of understanding Bitcoin beyond finance, advocating for humility in learning. The discussion includes cutting-edge custody solutions and the shift from fiat to Bitcoin as a means to secure wealth amidst inflation. Anil also highlights Bitcoin's growing appeal for families and its role as a strategic asset in today's economy, challenging traditional perceptions of value and savings.

Jarrett Carpenter, a digital media expert and host of the Future Signal Podcast, dives into the transformative impact of owning Bitcoin, even in small amounts like 0.1 BTC. He discusses the appeal of Bitcoin as a revolutionary asset compared to traditional investments like real estate. Carpenter shares his personal journey of skepticism to acceptance and highlights how Bitcoin can secure financial futures for millennials. He also emphasizes the importance of financial literacy and the flexibility of renting while stacking Bitcoin as a wealth-building strategy.

Jos Lazet, co-founder and CEO of Blockrise, shares his journey with Bitcoin, starting at just 16. He discusses the philosophical underpinnings of Bitcoin, emphasizing its scarcity and potential for wealth transformation. Lazet dives into the complexities of building a regulated financial institution while preserving Bitcoin's core ideals. He also highlights innovative custody solutions and the advantages of a Bitcoin-centric banking approach. Their conversation touches on the future of Bitcoin within traditional finance and the importance of supporting developers.

Gary Cardone, a technology entrepreneur and Bitcoin advocate, shares his bold insights on the future of digital assets. He emphasizes the necessity of patience in investing, highlighting Bitcoin as a transformative asset. Cardone explores how adaptability in beliefs is crucial for seizing Bitcoin opportunities, and he contrasts traditional success with personal fulfillment. He also discusses the importance of secure storage for Bitcoin while revealing innovations in custody and rewards, encouraging listeners to rethink their investment strategies in light of Bitcoin's potential.