Bitcoin for Millennials

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

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

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

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

Daniel Batten is a ClimateTech Investor, author, and business educator from New Zealand. He has a passion for sustainable development and entrepreneurship and spent 10 years training tech CEOs. His interest in ClimateTech led him to a startling discovery on the potential of Bitcoin as a tool to combat climate change, counteracting mainstream belief and cementing his place as a visionary in the field. His book, "How to change the world with one pitch”, contains a blueprint that he now uses to effectively orange-pill people on Bitcoin. We talked about the challenging process of questioning one's beliefs and the ego's role in intellectual honesty. This episode is not just about Bitcoin; it's about how we approach change, both personally and globally. I hope you enjoy this episode! → Follow Daniel on https://x.com/DSBatten → Daniel’s articles: https://batcoinz.com/ → Daniel’s book: https://www.amazon.com/How-change-world-one-pitch/dp/0473392135 → Daniel’s investment firm: https://www.ch4capital.com/ Timestamps 00:00 - Introduction 01:20 - The Importance of Meditation and Knowledge 03:02 - The Personal Journey with Bitcoin 05:19 - The Role of Meditation in Understanding Bitcoin 08:21 - Challenging Beliefs and Ego in Bitcoin 09:45 - The Importance of Asking Questions 11:03 - The Empty Ego 12:20 - The Clash of Old and New World 16:13 - Pitching and Investor Mindset 17:28 - The Flaws in Pitch Decks 18:47 - The Problem with Misleading Data 20:47 - The Importance of Intellectual Honesty 21:13 - The Need for Transparency 22:00 - The Challenge of Challenging Beliefs 24:53 - The Realization of False Beliefs 26:14 - The Power of Bitcoin to Challenge the Status Quo 27:32 - The Clash of Old and New World in Bitcoin 28:01 - The Struggle of Challenging Beliefs 29:45 - The Importance of Intellectual Honesty in Bitcoin 32:19 - The Battle of Monopolies and Bitcoin's Relentlessness 35:11 - The Personal Journey of Understanding Bitcoin 36:14 - The Challenge of Letting Go of False Beliefs 44:50 - The Frustration of Misleading Claims 45:37 - The Long-Term Reward of Challenging Beliefs 46:52 - The Importance of Positive Engagement 47:51 - The Significance of Intellectual Honesty 48:44 - The Potential of Renewable Investments and Bitcoin Mining 52:01 - The Innovation and Sustainability of Bitcoin Mining 53:37 - The Transparency and Accountability of Bitcoin 54:03 - The Power Projection and Hash Wars in Bitcoin 57:37 - The Innovation and Harvesting of Energy 58:02 - Introduction to the Book: How to Change the World with One Pitch 01:00:15 - The Four-Step System for Orange Pilling 01:00:53 - The Effectiveness of the Four-Step System 01:01:56 - The Challenge of Overcoming Ego 01:02:59 - The Importance of Genuine Intentions 01:04:47 - The Power of Positive Influence 01:08:10 - The Altruistic Nature of Bitcoin Advocacy 01:11:06 - The Long-Term Reward of Positive Engagement 01:18:07 - The Importance of Positive Engagement 01:18:27 - Conclusion 🔔 Subscribe to never miss an upcoming episode of Bitcoin for Millennials, → YouTube: ⁠⁠https://youtube.com/@bramk⁠⁠ → Follow Bram on ⁠⁠https://x.com/bramk

Eric V Stacks is a cannabis farmer in Northern California who once owned and operated of one the first Licensed cannabis farms in that state. He is an avid Bitcoiner and believes that Bitcoin has changed the fabric of our reality. We discuss the metaphysical nature of Bitcoin and how it has the potential to change our reality. Eric shares his journey from growing cannabis to discovering Bitcoin and the transformative effects it has had on his life. We explore the parallels between cannabis and Bitcoin, including the alignment of values and the ability to transcend the limitations of the current financial system. Eric also discusses the importance of expanding the conversation around Bitcoin and the potential for a collective shift in consciousness. I hope you enjoy this episode! → Follow Eric on https://x.com/EricVStacks Timestamps 00:00 - Introduction and Background 03:02 - The Metaphysical Nature of Bitcoin 07:18 - Introduction to Bitcoin as a Cannabis Farmer 12:08 - Transition from Cannabis to Bitcoin 19:21 - Alignment of Cannabis and Bitcoin 26:01 - The Power of Energy and Projection 28:05 - The Collective Reality of Bitcoin 30:31 - The Power of Mass Adoption 36:05 - Transmuting Trauma with Bitcoin 39:04 - The New Reality and Mutual Benefit 40:19 - First Principles and Bitcoin 41:14 - Understanding Deflationary Forces 42:11 - Forces Working Against Cannabis Producers 44:02 - Incentives for Adopting a Bitcoin Standard 45:24 - Bitcoin as a Solution for Risk Mitigation 46:21 - The Path to Bitcoin Adoption 47:44 - The Relationship Between Risk and Debasement 48:14 - The Freedom of a Bitcoin Standard 49:09 - Selling Everything for Bitcoin 50:08 - The Thermodynamic Soundness of Bitcoin 51:23 - The Physicality of Bitcoin 52:16 - The Mental Freedom of Bitcoin 53:08 - Wealth and Happiness 54:42 - The Importance of Staying Humble and Solvent 58:22 - The Purpose of Life and Bitcoin 01:01:00 - The Fundamental Dynamics of Bitcoin 01:04:10 - The Transmutation of Energy with Bitcoin 01:06:18 - Eternal Beings and the Journey of Life 🔔 Subscribe to never miss an upcoming episode of Bitcoin for Millennials, → YouTube: ⁠⁠https://youtube.com/@bramk⁠⁠ → Follow Bram on ⁠⁠https://x.com/bramk

Samson Mow is the CEO of JAN3, a Bitcoin technology company focused on accelerating hyperbitcoinization. He is best known for his work with El Salvador’s Bitcoin initiatives, and his efforts in nation-state Bitcoin adoption worldwide. As one of the top executives in the Bitcoin ecosystem, his expertise spans from running one of the largest exchanges and mining pools when he was the COO of BTCC, to guiding the development and deployment of Bitcoin infrastructure as the CSO of Blockstream. In the past weeks, he has also been talking about “the Bitcoin Omega candle” and how Bitcoin will get to $1 Million dollars. I wanted to get his thoughts on that to of course! I hope you enjoy this episode. → Follow Samson on https://x.com/Excellion → Download AQUA Wallet: https://aquawallet.io → JAN3 company website: https://jan3.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 01:22 - Discovering Bitcoin and Initial Misunderstandings 03:28 - The Importance of Bitcoin as a Concept 05:02 - Challenges in Recognizing the Flaws in the Current Financial System 06:49 - The Comfort of Staying in the Matrix 08:14 - The Realization of Personal Responsibility in Bitcoin 09:26 - The Difficulty of Self-Custody and the Role of Custodians 10:35 - The Need for Personal Action and Engagement in Governance 11:24 - The Mission of JAN3 and Bitcoin Adoption by Nation-States 13:40 - Engaging with Governments and the Separation of Money and State 18:05 - The Aqua Wallet and Providing Utility for Bitcoin Users 20:32 - The Potential Impact of Bitcoin ETFs and Nation-State Adoption 35:37 - The Bitcoin Omega Candle and the Outlook for 2024 36:28 - The Role of ETF Ad Campaigns in Bitcoin Adoption 39:05 - Nation-State Adoption and the Scarcity of Bitcoin 42:53 - The Halving and its Impact on Bitcoin 43:07 - Impact of ETFs on Bitcoin Price 44:24 - The Veblen Effect 46:31 - The 118 Multiplier 50:20 - Max Pain Theory 52:43 - Factors Legitimizing Bitcoin Price 53:05 - Renewed Quantitative Easing (QE) 57:44 - Core Beliefs

Rajat Soni is a Certified Financial Advisor with 10 years of finance industry experience, dealing with hundreds of clients on a personal level. As a personal finance educator and content creator, he simplifies complicated concepts with weekly insights on personal finance, investing, stocks, and Bitcoin with his audience of 200,000 followers across Instagram, X, Substack, and Linkedin. I hope you enjoy this episode! → Follow Rajat on https://x.com/rajatsonifnance → Rajat’s newsletter: https://substack.com/@rajatsonifinance → Rajat’s Linktree: https://linktr.ee/rajatsonifinance Timestamps 02:01 - Discovering Bitcoin 03:03 - The Flaws of the Current Financial System 07:52 - How the Financial System Profits from the Illiterate 09:23 - The Pizza Analogy: Decreasing Value of Money 12:14 - The Difference Between Price and Value 13:33 - The Rising Cost of Living 16:12 - Real Estate and Stocks as Wealth-Building Options 18:11 - The Mental Space and Time Preference of Bitcoin 20:28 - The Exploitative Nature of Real Estate 23:44 - The Difficulty of Grasping the Broken System 29:32 - The Internet's Role in Exposing Financial Issues 32:32 - The Challenge of Changing Beliefs 36:12 - The Brokenness of the Financial System 37:27 - Understanding the Current Financial System 39:19 - Bitcoin as an Alternative System 43:03 - Getting Started with Bitcoin 46:24 - Understanding Bitcoin vs. Traditional Investments 50:29 - Aligning Incentives and Building on Bitcoin 53:48 - The Importance of Educating Financial Advisors on Bitcoin 59:35 - Volatility vs. Risk in Bitcoin 01:16:05 - The Importance of Following the Rules of Bitcoin 01:17:39 - The Current System is Based on Debt 01:19:31 - The Value of Fiat Money and Building True Value 🔔 Subscribe to never miss an upcoming episode of Bitcoin for Millennials, → YouTube: ⁠⁠https://youtube.com/@bramk⁠⁠ → Follow Bram on ⁠⁠https://x.com/bramk

In this episode, I talk with Tony Yazbeck, a founding partner of the Bitcoin consultancy firm, the Bitcoin Way. We discuss the flaws of the current financial system and the importance of Bitcoin for millennials. Tony shares his personal experience with the economic collapse in Lebanon and how it shaped his understanding of money and trust in third parties. We explore the need to unlearn the current structure of money and the urgency of Bitcoin adoption and also cover the funding of wars, the importance of self-custody, and the psychological journey of Bitcoin adoption. Timestamps 00:00 - Introduction to Bitcoin and the Current Financial System 01:18 - Personal Experience with Economic Collapse in Lebanon 05:07 - The Trust in Third Parties and the Reality of Money 10:09 - The Need to Unlearn the Current Structure of Money 12:24 - The Difficulty of Understanding Financial Collapse 15:46 - The Connection Between Poverty and the Need for Bitcoin 19:01 - The Funding of Wars and the Importance of Bitcoin 20:34 - The Urgency and Relevance of Bitcoin for Everyone 23:24 - The Flawed System and the Potential for Collapse 27:22 - The Importance of Self-Custody and Personal Responsibility 34:09 - Debunking Myths and Challenging Beliefs about Bitcoin 40:17 - The Impact of Economic Collapse on Individuals 41:24 - The Desire for Personal Sovereignty and Control 48:30 - The Psychological Journey of Bitcoin Adoption 52:28 - The Importance of Being Uncomfortable and Thinking for Yourself 56:37 - The Connection and Mutual Support Among Bitcoiners 01:00:17 - Helping Millennials Build Safe Wealth in Bitcoin 01:03:06 - Inheritance Planning and Bitcoin 01:04:44 - Tony’s Core Belief → Follow Tony on https://x.com/v4btc → The Bitcoin Way company website: https://www.thebitcoinway.com → Follow The Bitcoin Way on https://x.com/Thebitcoinway_ 🔔 Subscribe to never miss an upcoming episode of Bitcoin for Millennials, → YouTube: ⁠⁠https://youtube.com/@bramk⁠⁠ → Follow Bram on ⁠⁠https://x.com/bramk

HRH Prince Filip of Serbia is the first monarch to publicly announce being a Bitcoiner. With a background in finance, he is currently the Chief Strategy Officer at JAN3, a Bitcoin technology company focused on expanding access to Bitcoin and financial freedom around the world. As CSO, he engages with high-level actors and oversees strategic initiatives to accelerate Bitcoin adoption for nation-states around the world. I hope you enjoy this episode! → Follow Prince Filip on https://x.com/PrincFilip1 → JAN3 company website: https://jan3.com/ 🔔 Subscribe to never miss an upcoming episode of Bitcoin for Millennials, → YouTube: ⁠⁠https://youtube.com/@bramk⁠⁠ → Follow Bram on ⁠⁠https://x.com/bramk