BANKERS DON’T UNDERSTAND BITCOIN (YET) - Jesse Berger - BFM035
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- čas přidán 2. 06. 2024
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links.bitcoinformillennials.com
Jesse Berger is the author of Magic Internet Money: A Book About Bitcoin, which he self-published in 2020. He previously spent over a decade working with large financial institutions in Canada as a banker, investment advisor, and market research consultant, where he observed first-hand the perils of central banking and fiat currency. Today, he is an independent consultant based in Toronto focused on Bitcoin adoption and education.
→ Follow Jesse on / jayberjay
→ Jesse’s book on Amazon: www.amazon.com/Magic-Internet...
3 Takeaways 💡
- Understanding Bitcoin requires questioning existing beliefs and taking personal responsibility for one's finances.
- Bitcoin is a better form of money that promotes long-term thinking and incentivizes individuals to create enduring and meaningful things.
- The most critical aspect of money that people need to reconsider is who controls and dictates money. Bitcoin offers a fair, transparent, and programmable alternative to the current system.
Timestamps 🕑
00:00 - Introduction and Background
01:57 - Questioning the Fiat Money System
02:55 - Exploring the Rabbit Hole of Money
05:22 - Working in Traditional Finance
07:00 - Realizing the Flaws in the Financial System
08:08 - Transitioning to Bitcoin
08:58 - Missed Opportunity in 2010
10:57 - Rediscovering Bitcoin in 2017
13:11 - Understanding the Benefits of Bitcoin
15:35 - Challenges in Recognizing the Flaws of Fiat Money
20:45 - Overcoming Trust and Self-Doubt
24:49 - Inspiration to Write a Book
30:13 - Explaining the Concept of Money
35:16 - Creating a Mindset Shift
44:20 - The Need for Transparent and Fair Money
45:20 - Following Rules Instead of Rulers
46:42 - Bitcoin's Gravity and Attracting Value
48:36 - Challenges in Explaining Bitcoin in Plain Language
50:21 - The Misconception of Bitcoin's Complexity
56:26 - The Importance of Time in Bitcoin
59:31 - The Future with Bitcoin
01:04:29 - The Core Belief of Personal Empowerment
Questions or comments? → bram@kanstein.co
#Finance #Economics #Fiat #BTC not #Crypto #BitcoinETF #ETF #Scarcity - Věda a technologie
You are doing great work sir!
Thanks a ton!
🔥
Another amazing conversation, as always, my friend! 🧡
🤝
Jesse studied Economics and Philosophy. An excellent combination for Bitcoin understanding.
❤️
Your podcast, Robin Seyr are my favourites after Robert Breedlove.
I'm in Australia where we have ok bitcoin podcasts too.
Great stuff as always.
How about getting Natalie Brunell on your show?
Love your material man.
Wow thanks!! hoping to talk to Nathalie soon :)
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❤❤❤..
With reference to your last question to Jesse: What's to stop the status quo of creative people being offered the chance to exhibit their "wares" for free because it's a great opportunity, great location, etc, whereby many will see it and could then want to buy, blah, blah, blah...That's how it's always been and bitcoin won't stop the rich exploiting the poor but creative people of the world - or will it, what am I missing please?
Being in bitcoin for many years… why haven’t I heard from you before?
Haha don’t know? Just started this podcast 7 months ago. On Twitter it’s only been the past few years that I have really been talking about it. x.com/bramk/status/1759294319721173309?s=46&t=6HdhRZko0-s-y9MJ0JRauQ
Boek besteld trouwens.
Mijn generatie (babyboomers) moet nog flink ge-orange-pilled worden !
Super! Check ook “de prijs van morgen” van Jeff Booth. En mijn aflevering 29 van mijn podcast!
A lot of people grossly over simplify the us dollar as being essentially controlled by the chairman of the federal reserve. The fact is that fiat works similar to btc by various groups attempt to manipulate the system by convincing others to follow. Many bitcoiners understand btc about as much as they understand the various fiat systems...which is not much. They listen and believe various "experts". This is a problem with all social systems. There doesnt seem to be a simple answer but simply said the answer is accurate knowledge distributionand absorbed by all people. Then the next obvious question is what is accurate and how people interpret such info
People who want fiat money to exist purposefully keep its workings opaque.
People who want Bitcoin to succeed because it is perfectly engineered money, invite everyone who wants to learn about it to study the mountain of resources that are available.
Also, the only thing you need to understand about fiat is this x.com/jangusrangus/status/1775306316333936886?s=46&t=6HdhRZko0-s-y9MJ0JRauQ
They don't and it's a good thing. Those who do, are already orange pilled anyway :)