John: Bitcoin is the new money standard - BFM046

14/05/2024 1h 14min

Listen "John: Bitcoin is the new money standard - BFM046"

Episode Synopsis

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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