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Bitcoin for Millennials

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Mar 26, 2024 • 1h 7min

Julian Liniger: Studying Bitcoin will improve your life - BFM034

Julian Liniger is the CEO and co-founder of the Swiss Bitcoin-only platform Relai. After a Bachelor's in Psychology and a Master's in Business Administration, he worked in Banking and Management Consulting. Julian co-founded several companies, including Switzerland’s leading Blockchain training course for the financial industry. As Relai is one of the biggest European on-ramps to Bitcoin, I am excited to talk with him today and talk about the future of Bitcoin in Europe. → Follow Julian on https://x.com/julian_liniger → Relai’s website: https://relai.app 🔔 Subscribe to never miss an upcoming episode of Bitcoin for Millennials, → YouTube: ⁠⁠https://youtube.com/@bramk⁠⁠ → Follow Bram on ⁠⁠https://x.com/bramk Timestamps 00:00 - Introduction and Background 02:54 - Explaining Bitcoin to Millennials 10:59 - The Future of Bitcoin and Generational Shifts 23:05 - Initial Doubts and Belief in Bitcoin 28:53 - The Importance of Verifying Bitcoin 32:45 - The Challenge of Trusting Institutions 35:08 - The Slow Adoption of New Paradigms 39:46 - Misunderstanding about Bitcoin: Energy Consumption 46:17 - The Future of Bitcoin in Europe 49:54 - Starting a Company in the Bitcoin Space 53:03 - Adoption and Trends in Europe 56:19 - The Impact of Regulation on the Bitcoin Industry 01:01:52 - Advice for Millennials Exploring Bitcoin 01:04:07 - Core Belief: Human Beings as Problem Solvers
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Mar 21, 2024 • 1h 58min

Eric V Stacks: On being a Bitcoin maximalist - BFM033

Eric V Stacks is back for another appearance! After a wonderful first conversation (Ep. 023), and meeting in real life in Madeira, we recorded another conversation where we explored: the Bitcoin Atlantis conference, banning by governments, how Bitcoin improves our lives, what to do when the price drops, the discovery of incorruptibility in Bitcoin, being cheerful and constructive in spreading Bitcoin awareness, how broken money leads to perverse incentives in food and pharma, and more! → Follow Eric on https://x.com/EricVStacks Timestamps 00:00 - Introduction and the Power of Bitcoin Community 05:57 - The Energy and Impact of Bitcoin Conferences 09:46 - Will Bitcoin be Banned or Confiscated by Governments? 23:58 - The Fragility of the Fiat System and the Potential Threat to Bitcoin 28:02 - The Inevitable Rise of Bitcoin and the Role of Financial Institutions 33:09 - Larry Fink and his Business Strategy 35:09 - Bitcoin Solving Inherent Human Corruptibility 39:06 - The Value of Following the Rules in Bitcoin 42:08 - Celebrating Bitcoin Price Drops 46:20 - Staying Stuck in Clown World 47:00 - Being Cheerful and Constructive in Spreading Bitcoin Awareness 51:43 - Bitcoin as a Solution for Everyone 58:34 - Regulating Bitcoin and the Lessons from the Cannabis Industry 01:07:19 - The Excitement and Optimism of Being a Bitcoin Maximalist 01:10:17 - Trading Shitcoins vs. HODLing Bitcoin 01:13:49 - The Nihilistic World vs. the Optimistic World 01:17:43 - The Flawed Value Proposition of Shitcoins 01:27:39 - Flawed Premise and Navigating SEC Rules 01:29:18 - Broken Incentives in Food and Medicine 01:50:47 - Synergy Between Bitcoin and Cannabis 🔔 Subscribe to never miss an upcoming episode of Bitcoin for Millennials, → YouTube: ⁠⁠https://youtube.com/@bramk⁠⁠ → Follow Bram on ⁠⁠https://x.com/bramk
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Mar 18, 2024 • 1h 11min

Dennis Porter: Bitcoin laws drive energy innovation - BFM032

Dennis Porter is the co-founder and CEO of Satoshi Action Fund. A non-profit educational organization dedicated to informing policymakers and regulators about Bitcoin Mining, education, investment, and innovation in the United States. He has already gotten two bills into law, orange-pilled a few states, and is on his way to many more. Dennis is a true Bitcoin advocate and political strategist who is highly dedicated to protecting and defending Bitcoiners and the Bitcoin industry in the United States. I hope you enjoy this episode! → Follow Denis on https://twitter.com/Dennis_Porter_ → Learn about Satoshi Action Fund: https://www.satoshiaction.io 🔔 Subscribe to never miss an upcoming episode of Bitcoin for Millennials, → YouTube: ⁠⁠https://youtube.com/@bramk⁠⁠ → Follow Bram on ⁠⁠https://x.com/bramk Timestamps 00:00 - Introduction and Background 02:10 - Discovering Bitcoin and Journey of Understanding 09:05 - Using State Laws to Protect Bitcoin Rights 11:46 - Lessons from the Cannabis Industry 13:22 - Unlearning Misconceptions about Money and Energy 22:48 - Dedicating Life to Bitcoin Advocacy 28:18 - Educating Lawmakers and Regulators 33:37 - Essential Policy Changes and Customization 35:36 - Evolution of Bitcoin Regulation in the US 37:39 - The Importance of Curtailment Data and Grid Balancing 39:17 - Bitcoin Miners' Role in Emergency Grid Situations 40:45 - Bitcoin Miners Balancing the Grid in Texas 42:27 - Bitcoin Mining and Energy Consumption 43:26 - Bitcoin Mining and Methane Emissions 45:38 - Bitcoin Mining and Renewable Energy 47:31 - The Need for Energy Abundance and Nuclear Power 57:36 - Making the United States the Best Place for Bitcoiners 01:00:50 - Measuring Success and Fundraising for Satoshi Action 01:06:54 - Core Belief: Money that Doesn't Allow Discrimination
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Mar 12, 2024 • 1h 35min

Lawrence Lepard: The riskiest allocation to Bitcoin is ZERO - BFM031

Lawrence (Larry) Lepard is a career investment manager who focuses on sound money and manages funds related to gold, silver, and Bitcoin. He is known for sharing his views on the state of the global financial system, inflation, and the need for sound investments to protect against currency debasement. His ideas and explanations around these topics have helped me immensely in my learning journey about finance, so I am grateful to record this episode with him. I hope you enjoy it! → Follow Lawrence on https://x.com/LawrenceLepard 🔔 Subscribe to never miss an upcoming episode of Bitcoin for Millennials, → YouTube: ⁠⁠https://youtube.com/@bramk⁠⁠ → Follow Bram on ⁠⁠https://x.com/bramk Timestamps 00:00 - Introduction and Gratitude 01:14 - Bitcoin Atlantis and Takeaways 04:11 - Inflation as a Silent Form of Theft 06:09 - The Impact of Unsound Money on Society 07:37 - The Growing Awareness of Unsound Money 09:16 - The Flaw in the Keynesian Model 12:38 - The Debt Crisis and the Inevitable Blowup 14:04 - The Concept of Inflation and Value 15:37 - The Fallacy of Influencing Human Behavior 21:54 - The Severe Debt Crisis and the Need for Sound Money 25:24 - The Historical Perspective of Sound Money 27:19 - The Absurdity of Rising Prices and the Need for Efficiency 29:18 - The Role of Government in a Sound Money System 31:43 - The Potential Benefits of Sound Money 32:37 - Understanding Sound Money 34:03 - The Role of Government and Taxes 35:05 - Inflation as a Hidden Tax 36:21 - The Growing Wealth Disparity 37:08 - The Importance of Adding Value 39:11 - Bitcoin as a Solution 43:21 - Defining Wealth and Its Importance 45:30 - The Personal Journey to Understanding Bitcoin 48:10 - Bitcoin as a Test of Humility 54:22 - The Experiment of Bitcoin 59:47 - Understanding Bitcoin's Volatility 01:03:27 - Allocating Investments in Bitcoin 01:04:30 - Bitcoin as an Invention and Digital Scarcity 01:07:13 - Bitcoin as Digital Gold 01:09:09 - Bitcoin as a Hedge Against Monetary Debasement 01:12:00 - The Asymmetric Bet of Bitcoin 01:14:10 - The Risk of Losing Faith in Bitcoin 01:16:08 - Bitcoin's Potential to Replace Fiat Currencies 01:19:59 - The Importance of Buying Bitcoin 01:23:05 - The Invention of Digital Scarcity 01:26:31 - The Timeline for Bitcoin's Adoption 01:30:01 - The Inevitability of Hyperinflation 01:32:02 - Core Belief in Optimism and the Goodness of Humanity
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Mar 5, 2024 • 1h 17min

Lisa Hough: Bitcoin will revolutionize the energy sector - BFM030

Lisa Hough is VP of Strategic Relationships at Custodia Bank. Her extensive knowledge of Bitcoin mining and leadership qualities have earned her the respect of fellow professionals in the field, and she was recently acknowledged as a leader in Bitcoin by FORBES. With a background as a Commodities Trader, Lisa brings a unique perspective and expertise that drives the convergence of Energy and Bitcoin. She is, finally, the first female Bitcoiner on this show! I hope you enjoy this episode! → Follow Lisa on https://x.com/lisa_hough_ 🔔 Subscribe to never miss an upcoming episode of Bitcoin for Millennials, → YouTube: ⁠⁠https://youtube.com/@bramk⁠⁠ → Follow Bram on ⁠⁠https://x.com/bramk Timestamps 00:00 - Introduction and Background 01:00 - Understanding Bitcoin Across Generations 03:13 - The Perspective of an Almost 90-Year-Old Woman 05:25 - The Need for Change and Pain as a Catalyst 06:19 - The Influence of Personal Experiences on Understanding Money and Risk 09:59 - The Impact of Education and Challenging Conventional Wisdom 12:53 - The Aha Moment and Influential Figures 15:33 - The Journey Down the Bitcoin Rabbit Hole 16:30 - Overcoming Initial Resistance to Bitcoin 18:46 - Thinking for Yourself and Taking Responsibility 20:21 - The Value of Learning and Curiosity 22:41 - The Challenge of Deferring Responsibility 24:36 - Encouraging Independent Thinking in Children 26:19 - The Importance of Purpose and Community in Bitcoin 29:49 - The Entertaining and Educational Nature of Bitcoin 33:13 - The Impact of Bitcoin on Personal Life 36:20 - The Value Alignment and Purpose in the Bitcoin Community 40:37 - The Educational and Innovation Potential of Bitcoin in the Energy Sector 43:32 - The Significance of Bitcoin in Energy Production and National Security 44:17 - The Potential of Bitcoin for Energy Companies 45:01 - Optimizing Business Models with Bitcoin 46:22 - The Simplicity of Bitcoin's Benefits 47:20 - Changing Perceptions of Bitcoin in the Energy Community 48:46 - Bitcoin as a Tool for Monetizing Energy 50:40 - The Role of Energy Companies in Bitcoin Mining 51:00 - Bitcoin's Potential for Energy Companies' ROI 52:49 - Bitcoin's Impact on Energy Infrastructure 54:31 - Bitcoin Mining and Flared Gas Reduction 56:22 - The Operational Efficiency of Continuous Energy Use 59:53 - The Role of Regulation and Policy in Bitcoin Adoption 01:00:06 - Texas' Support for Bitcoin and Energy Innovation 01:02:46 - Bitcoin as a Competitive Factor for States 01:04:08 - Global Game Theory and Bitcoin Adoption 01:11:29 - Excitement for Bitcoin's Future 01:15:13 - The Core Belief of Serving Others
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Feb 27, 2024 • 1h 29min

Bob Burnett: Becoming a citizen of Bitcoin - BFM029

ℹ️ Apologies for my bad sound. I made a rookie mic mistake. It's fixed about 50m in, but Bob's sound is perfect and he is a joy to listen to :) hope you enjoy it! Bob Burnett has founded several companies in the Bitcoin mining space and is currently the Founding CEO of Barefoot Mining, a company that develops Bitcoin mining sites. He holds a degree in Computer Engineering, has 8 patents, and over 35 years of experience in the technology industry. He also founded and manages the Barefoot Bitcoin Fund, serves on the board of directors for Ocean Mining, and is on the board of advisors for the Satoshi Action Fund. As an evangelist and educator on Bitcoin, Bob is sure about its importance for the world’s future. I hope you enjoy this episode! → Follow Bobon https://x.com/boomer_btc → Barefoot Mining: https://www.barefootmining.com 🔔 Subscribe to never miss an upcoming episode of Bitcoin for Millennials, → YouTube: ⁠⁠https://youtube.com/@bramk⁠⁠ → Follow Bram on ⁠⁠https://x.com/bramk Timestamps 00:00 - Introduction 01:21 - Bob's Journey in Understanding Bitcoin 03:13 - Challenges with Traditional Financial Advisors 05:03 - Discovering Austrian Economics 06:35 - The Importance of Letting the Economy Be 09:06 - Transitioning from Ethereum to Bitcoin 10:24 - Protecting the Value of Work 13:19 - The Excitement and World-Changing Implications of Bitcoin 16:04 - Questioning Traditional Assets 19:08 - Challenging Personal Beliefs 21:28 - The Resonance of Bitcoin with Austrian Principles 23:23 - The Difficulty of Letting Go of Previous Investments 25:15 - The Ethos of Bitcoin 28:21 - The Connection and Unity Among Bitcoiners 30:02 - Bitcoin as the Second Most Important Thing in Life 32:16 - The Dangers of Going Public 36:31 - The Citizenship of Bitcoin 38:47 - The Unique Community and Ethos of Bitcoin 40:05 - The Mutually Beneficial Game of Bitcoin 42:02 - The Base Layer of Agreements in Bitcoin 42:47 - The Resilience and Trust in Bitcoin 43:20 - The Importance of Discussion and Collaboration in Bitcoin 44:44 - Bitcoin-Friendly Legislation and the Tension Between States and the Federal Government 49:31 - The Challenges of Legislation and Regulation in Bitcoin Mining 55:09 - The Environmental Concerns and Energy Usage in Bitcoin Mining 58:50 - The Triffin Dilemma and the Decline of the US Dollar 01:13:36 - The Impact of the Broken Monetary System on Daily Life 01:27:38 - The Life-Changing Impact of Bitcoin and the Broken Money System
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Feb 22, 2024 • 1h 9min

Jeff Booth: Why Bitcoin is bigger than you think - BFM028

I am delighted to welcome Jeff Booth back for another recording! Jeff Booth is an entrepreneur, investor, and thought leader who has navigated the intersections of technology and economics for decades. He already shared some great insights in episode 10, and today we dive into a thought-provoking piece of his, called 'The Greatest Game’. A compelling narrative that challenged my perceptions of economic systems, the intrinsic value of Bitcoin, and the transformative power of technology. → ‘The Greatest Game’ article: https://medium.com/the-bitcoin-times/the-greatest-game-b787ac3242b2 → Follow Jeff on https://x.com/jeffbooth → Jeff’s website: https://jeffbooth.ca → Jeff’s book ‘The Price of Tomorrow’: https://www.amazon.nl/Price-Tomorrow-Deflation-Abundant-Future/dp/19992574 🔔 Subscribe to never miss an upcoming episode of Bitcoin for Millennials, → YouTube: ⁠⁠https://youtube.com/@bramk⁠⁠ → Follow Bram on ⁠⁠https://x.com/bramk Timestamps 00:00 - Introduction and Background 01:45 - Bitcoin as a New Model in the Financial World 05:24 - The Personal Journey and Paradigm Shift 13:56 - Creative Destruction and Bitcoin's Role 16:23 - Bitcoin as a Protocol 18:11 - Entrepreneurs and Bitcoin Adoption 21:36 - Bitcoin as a New Paradigm 26:34 - The Necessity of Failure and Bitcoin's Role 35:19 - Technological Advancement and Inflationary Monetary 39:42 - Bitcoin as a Solution to Deflationary Technological Progress 42:42 - The Power of Technology and Communication 43:17 - The Importance of Individual Belief Systems 45:05 - Taking Personal Responsibility for Change 47:47 - Inspiring Change Through Positive Influence 49:45 - The Transition to a New System 51:07 - The Impact of Digital Scarcity on Economics 52:30 - Abundance and Scarcity in the Current System 55:06 - The Centralization of Power and Money 56:46 - The Role of Individuals within Large Organizations 59:02 - The Journey Towards Bitcoin Adoption 59:57 - The Potential of Bitcoin as a Global Reserve Currency 01:03:47 - Overcoming Misconceptions and Resistance 01:06:01 - The Journey Towards a New System
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Feb 20, 2024 • 1h 16min

Zach Herbert: Take control over your money and life - BFM027

Zach Herbert is Co-founder and CEO of Foundation Devices, a company building Bitcoin-centric and open-source tools that empower you to reclaim your digital sovereignty. We discuss the significance of Bitcoin and the crucial role of self-custody, the concepts of sovereignty and freedom, how Bitcoin is infiltrating Wall Street, why Bitcoin particularly strikes a chord with millennials, given our technological upbringing and disillusionment with the traditional financial systems, and share the enjoyment of observing Bitcoin's unfolding journey. → Follow Zach on https://x.com/zachherbert → Foundation website: https://foundationdevices.com 🔔 Subscribe to never miss an upcoming episode of Bitcoin for Millennials, → YouTube: ⁠⁠https://youtube.com/@bramk⁠⁠ → Follow Bram on ⁠⁠https://x.com/bramk Timestamps 00:00 - Introduction and Background 01:04 - Discovering Bitcoin and Initial Misunderstandings 04:21 - Understanding Sovereignty and Freedom 07:47 - Challenges of Self-Custody and Education 09:43 - The Rise of Bitcoin ETFs 13:00 - Educating People about Self-Custody 16:00 - The Impact of ETFs on Bitcoin Adoption 17:27 - Understanding Bitcoin from Technical to Philosophical 20:16 - Bitcoin's Resonance with Millennials 23:46 - Institutional Adoption and Self-Custody 27:37 - Bitcoin as a Response to Mistrust and Resentment 30:56 - The Entertainment and Pleasure of Bitcoin's Journey 38:29 - The Low Time Preference and Volatility of Bitcoin 41:18 - The Difficulty of Getting Millennials into Bitcoin 43:11 - The Personal Journey of Understanding Bitcoin 45:08 - Bitcoin as a Solution to Financial Challenges 46:02 - The Journey of Orange Pilling Others 48:35 - Building a Bitcoin Hardware Company 53:26 - Creating an Apple-like Ecosystem for Bitcoin 57:31 - The Vision for Foundation Devices 59:24 - Expanding Value-Add Services in the Foundation Ecosystem 01:06:57 - The Softwar Thesis and Bitcoin's Role in Cyberspace 01:11:19 - Debunking the Misconception about Self-Custody 01:13:30 - Core Beliefs: Freedom and Striving for Excellence
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Feb 13, 2024 • 1h 14min

026 - Erik Cason - Bitcoin for Millennials

Erik Cason is a prominent figure in the world of Bitcoin and a leading voice in the cypherpunk movement, known for his thought-provoking essays on the philosophical aspects of Bitcoin and digital sovereignty. His book, "Cryptosovereignty: The Encrypted Political Philosophy of Bitcoin," encapsulates his transformation from socialism to anarchism and underscores his advocacy for an independent monetary system, emphasizing the transformative potential of cryptography in the realm of Bitcoin. → Follow Erik on https://x.com/Erikcason → Erik’s book “Cryptosovereignty”: https://www.amazon.com/Cryptosovereignty-Encrypted-Political-Philosophy-Bitcoin/dp/B0CFCW6JJR 🔔 Subscribe to never miss an upcoming episode of Bitcoin for Millennials, → YouTube: ⁠⁠https://youtube.com/@bramk⁠⁠ → Follow Bram on ⁠⁠https://x.com/bramk Timestamps 00:00 - Introduction 01:12 - The Flaws of the Current Financial System 03:59 - Bitcoin as a Solution 06:05 - Understanding the Global Monetary System 09:28 - From Socialism to Anarchism 12:59 - The Importance of Thinking for Yourself 15:51 - Reaching People Who Understand the Problem 17:19 - The Need for Organized Action 19:38 - The Influence of Fiat Money 23:38 - The Challenge of Confronting Dark Truths 26:27 - The Power of Independent Thinking 30:17 - The Fiat Money System and Cognitive Dissonance 34:26 - The Impact of Fiat Money on Food Systems 38:32 - The Struggle for Truth and Accountability 43:13 - Bitcoin's Contribution to Truth and Accountability 45:29 - The Ethical Nature of Bitcoin 46:10 - Questioning the Current Monetary System 47:09 - Democratic Accountability in Money Creation 48:04 - The Need for Democratic Control of Money 49:21 - The Exploitation of Millennials 50:22 - Using Bitcoin to Fight Back 51:42 - Defaulting on Debt and Starting Anew 53:38 - Realizing the Constructed Nature of the System 54:35 - Moving to a New System 57:29 - The Radical Encounter with Truth 01:00:06 - Rescuing Ourselves from Nihilism 01:05:50 - Bitcoin as a Tool for Transformation 01:08:16 - Bitcoin's Relation to Theological Aspects 01:10:26 - All Roads Lead to Bitcoin 01:13:33 - Defining Anarchy 01:14:21 - The Importance of Truth
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Feb 6, 2024 • 57min

025 - Aleksandar Svetski - Bitcoin for Millennials

Aleksandar is an Author and Entrepreneur who ran numerous ventures in the past 15 years. He wrote and published the best-selling book “UnCommunist Manifesto” with Mark Moss and is now working on a next book called “The Bushido of Bitcoin”. He founded “The Bitcoin Times” in 2018, a limited once-a-year-published magazine covering Bitcoin’s current affairs. Aleksandar is currently building open-source AI tools, focusing on the "Spirit of Satoshi" - the world’s first Bitcoin-centric Language model. We covered various topics including the significance of abundant energy, human ingenuity in Bitcoin and energy solutions, capitalism's natural process, the role of meritocracy in an ideal society, and Aleksandar’s optimistic view of Bitcoin's future. The core idea we explore is how beauty, as the antithesis of communism, represents the pursuit of excellence and the highest virtues. I hope you enjoy this episode. → Follow Aleksandar on https://x.com/SvetskiWrites → Aleksandar’s website: https://svetski.info → Spirit of Satoshi: https://www.spiritofsatoshi.ai 🔔 Subscribe to never miss an upcoming episode of Bitcoin for Millennials, → YouTube: ⁠⁠https://youtube.com/@bramk⁠⁠ → Follow Bram on ⁠⁠https://x.com/bramk Timestamps 00:00 - Introduction and Background 01:22 - The Loss of Excellence in Modern Society 03:23 - Discovering Bitcoin 07:18 - Writing 'The Uncommunist Manifesto' 10:50 - The Concept of Dynamic Inequality 16:13 - The Importance of Individual Autonomy 22:08 - Bitcoin as Energy Money 28:29 - Establishing Virtues for a Bitcoin-Enabled Society 34:13 - The Relationship Between Bitcoin and Energy 37:16 - The Energy Edition of The Bitcoin Times 40:05 - Bitcoin Times Essays 41:09 - The Importance of Abundance of Energy 42:25 - The Apathetic Victim Mindset 43:32 - Human Ingenuity and Bitcoin 46:01 - Capitalism as a Natural Process 47:48 - Ideal Society and Meritocracy 51:07 - The Future of Bitcoin 54:21 - Core Belief: Beauty is the Opposite of Communism

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