DiscoverBitcoin for MillennialsJohn: Bitcoin is the new money standard - BFM046
John: Bitcoin is the new money standard - BFM046

John: Bitcoin is the new money standard - BFM046

Update: 2024-05-14
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Description

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

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John: Bitcoin is the new money standard - BFM046

John: Bitcoin is the new money standard - BFM046

Bram Kanstein