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The Block Reward | Real Stories. Real Impact. All Powered by Real Money - Bitcoin

The Block Reward | Real Stories. Real Impact. All Powered by Real Money - Bitcoin

108 episodes — Page 2 of 3

Ep 5757: Bob Burnett ON: Blockspace Matters

Bob Burnett is a longtime technologist with a career that spans from the early days of personal computers to his current work in Bitcoin.In this episode, you're going to learn why Bob believes blockspace scarcity is just as important as Bitcoin scarcity, how nation-states and large institutions might control Bitcoin mining in the future, what it could mean for individuals trying to use the Bitcoin network, Bob’s view on the decentralization of computing and its role in creating Bitcoin, and the potential impact of rising blockspace fees on the future of Bitcoin transactions.Bob Burnett is the founder and CEO of Barefoot Mining, a company focused on the development of “horse-class” mining sites, and he is a vocal proponent for the expansion of diversity in Bitcoin mining site geography, scale, and energy sources. Bob has spent over 35 years as a technologist including 13 years at Gateway, Inc., a Fortune 200 personal computer company, where he led the company’s product development efforts as Chief Technical Officer.  He has founded several companies in the Bitcoin mining space and is an evangelist and educator for Bitcoin and its importance to the world’s future. He has a degree in Computer Engineering from the University of Wisconsin at Milwaukee.Timestamps:[04:11] Discovery of Bitcoin after working with Ethereum[08:11] Decentralization of computing and its connection to Bitcoin[19:48] Explanation of what blockspaces are and why its scarcity is important[25:41] Limitations of Bitcoin transactions and future implications[34:00] Nation-states and institutions becoming major Bitcoin miners[47:58] How Bitcoin could change global economics and national sovereigntyFollow Bob on X, visit the Barefoot Mining Website, and check out Old Man Yells! on YouTube.Find More From Scott:Scott Dedels | XBlock Rewards | InstagramBlock Rewards | YouTubeBlock Rewards | TikTokBlock Rewards | WebsiteBlock Rewards | LinkedIn

Oct 29, 202453 min

Ep 5656: Mitchell Askew ON: The Role of Global Liquidity in Bitcoin's Value

Mitchell Askew is the lead analyst at Blockware, a vertically integrated Bitcoin mining company.In this episode, you're going to learn how Bitcoin's halving affects its price, why weaker Bitcoin miners are struggling and leaving the industry, what the difficulty adjustment means for Bitcoin mining, why Mitchell believes Bitcoin is the best way to protect against inflation and how the ongoing expansion of fiat money impacts global markets.Mitchell Askew is the Head Analyst at Blockware and the author of "The Conservative Case for Bitcoin." Mitch has spent the past three years working full-time in the Bitcoin industry. His work focuses on content creation, marketing, and analyzing the Bitcoin & Bitcoin Mining ecosystems.Timestamps:[03:34] How Bitcoin halving impacts price[06:07] Why weaker Bitcoin miners struggle[17:40] How Bitcoin is becoming more widely distributed[19:32] The relationship between global liquidity and bitcoin[23:29] Why Bitcoin is a better choice than traditional assets[36:00] Measuring wealth in Bitcoin vs local currencies[41:09] Fiat money and its impact on family structures[49:36] Where to find more of Mitchell’s workConnect with Mitch on X and get your copy of his book, The Conservative Case for Bitcoin.Find More From Scott:Scott Dedels | XBlock Rewards | InstagramBlock Rewards | YouTubeBlock Rewards | TikTokBlock Rewards | WebsiteBlock Rewards | LinkedIn

Oct 22, 202451 min

Ep 5555: Rajat Soni ON: De-Risk Your Portfolio with Bitcoin

In this episode, Scott interviews Rajat Soni, a chartered financial analyst and Bitcoin enthusiast. Rajat sheds light on Bitcoin's potential to revolutionize wealth preservation and investments. He shares his insights on handling Bitcoin’s volatility, mitigating risks, and the future of various asset classes. Learn how Bitcoin compares to traditional financial tools and why understanding it could be crucial for your financial future. Tune in to grasp why Bitcoin might hit unprecedented highs and what separates it from stocks and real estate.A Bitcoiner with 10+ years of experience in traditional finance, Rajat now focuses his time and energy educating on Bitcoin primarily through his Substack and YouTube channels.Timestamps:5:30 Understand the difference between saving and investing.10:26 Why traditional real estate investments carry more risk today.16:21 Learn how to avoid Bitcoin's most common investment mistakes.22:34 How Bitcoin compares to traditional assets like stocks and real estate.27:40 The risks of lending Bitcoin on exchanges and why you should avoid it.33:25 Why borrowing against Bitcoin might not be the best strategy.38:54 Sell a little Bitcoin when needed, don’t rely on lending.Get in touch with Rajat through X or his YouTube channel.Find More From Scott:Scott Dedels | XBlock Rewards | InstagramBlock Rewards | YouTubeBlock Rewards | TikTokBlock Rewards | WebsiteBlock Rewards | LinkedIn

Oct 15, 202445 min

Ep 5454: Ryan Verra ON: Bitcoin is Spiritual

In this episode, Scott interviews Ryan Verra, a resident of Bitcoin Jungle in Costa Rica and a facilitator of human consciousness through plant medicine. Ryan brings a unique perspective, exploring the spiritual and transformative potential of Bitcoin. He delves into how Bitcoin's stability and decentralization offer financial integrity and personal empowerment. This conversation will shift your views on money and consciousness, providing deep insights into why Bitcoin might just be the catalyst for a global awakening. Don't miss Ryan's compelling ideas that connect finance, spirituality, and future societal transformations.Ryan Verra is a professional race car driver and extreme sport athlete who has expanded his expertise into brain-training, learning techniques and plant medicine. Over the past decade, he has worked with various indigenous tribes and plant-based medicines, such as Iboga, Ayahuasca and Psilocybin, developing protocols for neurogenesis and healing. His unique insights into Psilocybin earned him a speaking spot at Wonderland, the largest psychedelic conference in North America, where his ideas sparked significant controversy. Ryan now coaches high-level professionals and athletes, helping them enhance their mental health, productivity and consciousness through specialized plant medicine protocols.Timestamps:4:45 Understanding how Bitcoin can preserve wealth in an inflating world.12:14 How plant medicine and Bitcoin are connected in consciousness.18:13 Bitcoin as a spiritual tool to align with personal energy and choices.24:17 The benefits of investing in Bitcoin for future generations.32:05 How to stay patient and avoid distractions in the Bitcoin journey.38:42 Taking responsibility for your Bitcoin and holding your own keys.45:10 Building personal responsibility through self-sovereignty tools like Bitcoin.To connect with Ryan check out the Source Code’s Website.Find More From Scott:Scott Dedels | XBlock Rewards | InstagramBlock Rewards | YouTubeBlock Rewards | TikTokBlock Rewards | WebsiteBlock Rewards | LinkedIn

Oct 8, 202449 min

Ep 5353: Ian Major ON: The Future of Customer Rewards

In this episode, Scott interviews Ian Major, co-founder of Joltz and a pioneer in Bitcoin-based loyalty programs. Ian dives into the intricacies of using the lightning network for fast, low-fee transactions and contrasts self-custodial and custodial solutions. He shares insights on why most businesses hesitate to adopt Bitcoin rewards and reveals groundbreaking developments in their wallet technology. Tune in to explore how Joltz is empowering financial self-sovereignty and transforming customer loyalty programs with Bitcoin.Ian is the Co-Founder and Co-CEO of Joltz, a Bitcoin infrastructure company with a focus on Lightning and Taproot Assets. Prior to Joltz, Ian sold and delivered enterprise analytics software to the largest companies across North America, the Middle East, and Africa, including Walmart and Emirates Airlines. Ian is also the Creator of the All Things Bitcoin YouTube channel and has helped nearly half a million people learn about Bitcoin.Timestamps:7:22 Why Bitcoin rewards outperform traditional loyalty programs. 13:49 How stablecoins enhance Bitcoin adoption for mainstream businesses. 19:46 Steps to create a Bitcoin rewards program for small businesses. 24:33 How taproot assets increase flexibility in Bitcoin rewards systems. 28:54 Why businesses should embrace Bitcoin to attract younger customers. 34:12 Solutions for improving self-custodial Bitcoin payment systems. 39:46 How to build a circular economy using Bitcoin rewards.Check out Joltz and follow Ian on X.Resources Mentioned:Fold App | WebsiteLolli | WebsiteBlockstream | WebsiteLightning Labs | WebsiteRiver Financial Report: The Lightning Network | ArticleFind More From Scott:Scott Dedels | XBlock Rewards | InstagramBlock Rewards | YouTubeBlock Rewards | TikTokBlock Rewards | WebsiteBlock Rewards | LinkedIn

Oct 1, 202444 min

Ep 5252: Tony Yazbeck ON: The Banks Don't Have Your Money

In this episode, Scott interviews Tony Yazbeck, co-founder of The Bitcoin Way and a survivor of Lebanon’s financial collapse. Tony shares his firsthand experience of losing his life savings overnight and how it led him to embrace Bitcoin. He explains how Bitcoin can disrupt the fiat system, reduce global conflicts, and foster financial freedom. Tune in to hear why Tony believes a shift to Bitcoin is imperative and how it can protect your future in an unstable financial world.Tony is Co-Founder of The Bitcoin Way- a global leader in Bitcoin education and custody solutions.Timestamps:5:30 How to protect yourself from financial collapse. 12:21 Why exiting the fiat system is critical to survival. 15:34 Learn how Bitcoin can safeguard your savings. 25:28 Study how Bitcoin works before taking any drastic financial steps. 35:16 Avoid these mistakes with Bitcoin custody to protect your funds. 40:12 Importance of self-custody of your Bitcoin for financial security. 50:15 Transitioning to Bitcoin for long-term financial freedom.Check out The Bitcoin Way and follow Tony on X.Resources Mentioned:The Bitcoin Standard by Saifedean Ammous | Book or AudiobookThe Block Reward Podcast Episode on Keeping Your Bitcoin Safe with Rick Messitt | Spotify or AppleFind More From Scott:Scott Dedels | XBlock Rewards | InstagramBlock Rewards | YouTubeBlock Rewards | TikTokBlock Rewards | WebsiteBlock Rewards | LinkedIn

Sep 24, 202454 min

Ep 5151:Tom Karadza ON: Bitcoin Makes Housing Affordable

In this episode, Scott interviews Tom Karadza, co-founder of Rockstar Real Estate and a former tech professional, now a Bitcoin enthusiast. Tom shares his journey from the tech industry to real estate and Bitcoin investment. He delves into how these experiences shaped his financial philosophy, why Bitcoin is crucial for addressing real estate affordability issues, and the broader financial trends reshaping our world. This episode is packed with insights, making it a must-listen for anyone interested in real estate, Bitcoin, and their intersection.Tom Karadza quit his job as a Software Sales Manager at NetSuite Inc. as it was going public on the New York Stock Exchange, to be a full-time entrepreneur and investor. As the sole income earner and with a very young family at home, Tom was advised against leaving behind such a high-paying job. But being true to his mission, he was done living on other people’s terms. He Co-Founded Rockstar Real Estate with his brother Nick, focused on helping real estate investors in the Greater Toronto Area create income for life. Word spread about what they were doing, they were featured in national media such as the National Post, the Business News Network (BNN), Canadian Real Estate Wealth Magazine, and numerous local publications as well.Because of their focus on individualized coaching to create success, Rock Star Real Estate has grown to a team of 60+ people dedicated to working hand in hand with real estate investors. Together they “walk the walk” daily, as active investors themselves, and helping over 5,600 investors.Timestamps:7:24 Why leveraging real estate with debt creates higher returns.14:15 How Bitcoin offers an alternative to the traditional method if investing in real estate.23:31 How Bitcoin can prevent future housing bubbles.28:10 Why real estate is no longer the best path to wealth.33:45 How Bitcoin can democratize access to housing.40:12 Why focusing on Bitcoin’s long-term growth is crucial for financial freedom.To connect with Tom check out the Rock Star Inner Circle and follow him on X.Resources Mentioned:The Dao of Bitcoin by Scott Dedels | Book or AudiobookThe Bitcoin Standard by Saifedean Ammous | Book or AudiobookFind More From Scott:Scott Dedels | XBlock Rewards | InstagramBlock Rewards | YouTubeBlock Rewards | TikTokBlock Rewards | WebsiteBlock Rewards | LinkedIn

Sep 17, 202455 min

Ep 5050: What is Bitcoin?

Scott celebrates the 50th episode by sharing his personal journey with Bitcoin, highlighting its unique features, and discussing its potential role in the future of finance.Timestamps:4:17 Understand the yen carry trade and its global impact. 7:18 Why Bitcoin's fixed supply is a key differentiator. 12:10 Network effects and the challenge for Bitcoin competitors. 19:20 How proof of work secures Bitcoin and prevents fraud. 24:16 Triple ledger accounting and its significance for Bitcoin. 32:54 The challenge of outrunning monetary debasement. 40:27 The finite nature of Bitcoin vs. infinite paper money.Resources Mentioned:The Price of Tomorrow by Jeff Booth | Book or AudiobookThe Blocksize War by Jonathan Bier | Book or AudiobookThe Bitcoin Standard by Saifedean Ammous | Book or AudiobookThe Genesis Book by Aaron van Wirdum | Book or AudiobookThe Block Rewards Podcast episode on The Rise of Carry and The Future of Central Bank Intervention with Kevin Coldiron | Spotify or AppleThe Block Rewards Podcast episode on Bitcoin is the Perfect Collateral with Peter Dunworth | Spotify or AppleFind More From Scott:Scott Dedels | XBlock Rewards | InstagramBlock Rewards | YouTubeBlock Rewards | TikTokBlock Rewards | WebsiteBlock Rewards | LinkedIn

Sep 10, 202452 min

Ep 4949: Roger Huang ON: The State of Bitcoin in China

In this episode, Scott interviews Roger Huang, an accomplished author and Bitcoin expert. Roger's book, "Would Mao Hold Bitcoin?" delves deep into China’s unique relationship with Bitcoin amidst strict government regulations and cultural nuances. He sheds light on the historical, economical, and societal factors influencing Bitcoin's role in China, the rise of digital currency exchanges, and the nation's evolving economic landscape. This insightful conversation unpacks how Bitcoin could force broader discussions around freedom and political reform in China. Roger Huang was born in China, but raised in Canada. He became fascinated with Bitcoin as early as 2013 – He couldn’t quite find his way around describing exactly why, so he started diving into it by meeting Bitcoin supporters and writing about the topic. As a longtime observer, Mandarin speaker, and regular contributor to Forbes and other platforms on the subject of Bitcoin in China, Huang is uniquely positioned to evaluate the implications for the future.Roger Huang’s "Would Mao Hold Bitcoin?" is the authoritative resource exploring Bitcoin’s disruptive intersection with Chinese history. Huang not only pulls back the curtain on the characters and events driving that story, but on the larger questions that arise from the clash between state-driven Chinese tech and the open source development that is Bitcoin. Timestamps:4:28 China's monetary history and inflation management.7:21 The role of Bitcoin in circumventing China's capital controls.14:35 The rise of Bitcoin mining and exchanges in China.19:51 The evolution of China's Bitcoin ecosystem.27:26 How China attempted to ban Bitcoin but failed.32:48 Bitcoin as a tool for capital flight in China.45:46 The future role of Bitcoin in China's economy.Resources Mentioned:Would Mao Hold Bitcoin? | BookBitcoin Magazine: Would Mao Hold Bitcoin? | BookBTCC | WebsiteBitcoin Block Party Vancouver 2024 | WebsiteConnect with Roger Huang on X or LinkedIn.Find More From Scott:Scott Dedels | XBlock Rewards | InstagramBlock Rewards | YouTubeBlock Rewards | TikTokBlock Rewards | WebsiteBlock Rewards | LinkedIn

Sep 3, 20241h 0m

Ep 4848: John Ely and Seb Bunney ON: Harmonizing the Energy Exchange of Value Creation

In this episode, Scott celebrates the one-year anniversary of the podcast with repeat guests John Ely and Seb Bunney from Block Rewards. They delve into the concept of employees earning Bitcoin and how it can revolutionize financial systems. John and Seb share their journey with Block Rewards, exploring the potential impact of Bitcoin on real estate, inflation, and global commerce. Tune in to understand why Bitcoin could be a game-changer in creating fair-value exchanges and reshaping the future of money.John Ely founded Motovate.ai. It enables enterprise sales incentives over the Lightning network. He has joined Block Rewards as of February 2024 as Chief Product Officer.Seb Bunney co-founded an educational platform: Looking Glass Education, and is the Author of "The Hidden Cost of Money" and "B is For Bitcoin". He is the Chief Information Officer at Block Rewards.Timestamps:3:18 Prepare for Bitcoin to reshape financial systems worldwide.7:22 Remove intermediaries to enable frictionless transactions.12:20 Collapse financial friction to zero using the lightning network.19:18 Boost national GDP by eliminating remittance fees.23:19 Understand Bitcoin's role in transforming global commerce.35:18 Realign incentives by moving away from inflationary currency.44:05 Address the breakdown of money to improve societal stability.Resources Mentioned:Looking Glass Education | WebsiteFooled by Randomness by Nassim Nicholas Taleb | BookMichael Saylor Bitcoin 2024 Keynote Speech | YouTubeSeb's Books:The Hidden Cost of Money | BookB is for Bitcoin | BookConnect with John Ely on X or LinkedInCheck out Seb Bunney on his Website, X or LinkedInFind More From Scott:Scott Dedels | XBlock Rewards | InstagramBlock Rewards | YouTubeBlock Rewards | TikTokBlock Rewards | WebsiteBlock Rewards | LinkedIn

Aug 27, 202457 min

Ep 4747: Cole Walmsley ON: A Bitcoin Renaissance

In this episode, Scott interviews Cole Walmsley, a former professional poker player turned Bitcoin advocate. Cole shares his journey from traditional investing to discovering the transformative potential of Bitcoin. He discusses how Bitcoin can grant individuals financial freedom, challenge governmental control over currency, and potentially lead to a new Renaissance. Cole and Scott explore the concept of Bitcoin as a store of value and its potential impact on global wealth, productivity, and governance in the digital age.Cole Walmsley is the founder and CEO of Gaiter Capital, a spiritual seeker and an insatiably curious human being who decided to skip college at 18 to play professional poker in Florida. He also has a book on its way, titled “The Bitcoin Thesis”.Timestamps:3:16 Why Bitcoin should not be priced in dollars.8:12 How Michael J. Saylor does not fully understand Bitcoin.11:41 Bitcoin’s value retention makes it the best money.17:09 Incentives in private governance models for prosperity.22:21 How Bitcoin transmits money with no borders.28:55 Money being issued by an issuer is an outdated concept.34:41 Bitcoin enables freedom by giving back time and value.Connect with Cole on X and visit the Gaiter Capital website.Resources Mentioned:The Bitcoin Standard by Saifedean Ammous | BookMicroStrategy | WebsiteNvidia | WebsiteFind More From Scott:Scott Dedels | XBlock Rewards | InstagramBlock Rewards | YouTubeBlock Rewards | TikTokBlock Rewards | WebsiteBlock Rewards | LinkedIn

Aug 20, 202442 min

Ep 4646: Rick Messitt ON: Keep Your Bitcoin Safe

In this episode, Scott interviews Rick Messitt, Chief of Marketing at The Bitcoin Way. Rick shares his personal Bitcoin journey and the hard lessons he learned along the way. With over a decade of experience, Rick emphasizes the importance of prioritizing security, privacy, and self-custody when dealing with Bitcoin. He opens up about his own devastating loss and the emotional impact it had, underlining the critical need for strong cybersecurity measures in the Bitcoin space.Rick is the Chief Marketing Officer at The Bitcoin Way, a team of cyber security experts that transform people into sovereign individuals. The Bitcoin Way teaches you how to upgrade your device security so that you can protect your privacy and your Bitcoin, all the while developing robust inheritance plans and securing ‘Plan B’ citizenships.Timestamps:3:30 Understanding the importance of secure Bitcoin custody.7:54 Why holding Bitcoin is a long-term investment strategy.15:19 Avoiding common pitfalls in choosing hardware wallets.24:20 The significance of KYC (Know Your Client) data in Bitcoin security.32:32 Real-world risks of unsecured Bitcoin storage.38:41 Steps to improve overall cybersecurity for Bitcoin.45:14 Benefits of professional guidance in Bitcoin security.Connect with Rick on X.Resources Mentioned:The Bitcoin Way | WebsiteKeePass Safe | WebsiteLedger | WebsiteFind More From Scott:Scott Dedels | XBlock Rewards | InstagramBlock Rewards | YouTubeBlock Rewards | TikTokBlock Rewards | WebsiteBlock Rewards | LinkedIn

Aug 13, 202451 min

Ep 4545: Michelle Weekley ON: Fix the Money, Fix Corruption

In this episode, Scott interviews Michelle Weekley, the director of product development at Byte Federal and a staunch Bitcoin advocate. Michelle shares her insights on the regulatory challenges facing Bitcoin, the devaluation of money, and the need to preserve financial privacy. She also discusses the potential shift towards being paid in Bitcoin and how it could reshape the economy. With her unique experiences in foreign direct investment and corruption, Michelle offers a compelling perspective on why Bitcoin could be the key to financial freedom and transparency. Tune in to hear how Bitcoin may influence global finance and fight systemic corruption.Michelle Weekley has a background in computer science and is the Director of Product Development at Byte Federal, one of the first Bitcoin ATM companies. Prior to that she spent 10+ years working with tech startups and two years abroad in Foreign Direct Investment. She is now a free speech advocate and global corruption whistleblower.Timestamps:3:11 Bitcoin enables financial independence.6:05 Studying macroeconomics to understand Bitcoin.10:46 Connecting money printing to political corruption.14:59 Experiencing systemic corruption firsthand.20:00 Importance of financial privacy with Bitcoin.24:54 Addressing the consequences of inflation.28:50 Bitcoin as a tool for auditing governments.Connect with Michelle on XResources Mentioned:Byte Federal | WebsiteThe Bitcoin Standard by Saifedean Ammous | BookFind More From Scott:Scott Dedels | XBlock Rewards | InstagramBlock Rewards | YouTubeBlock Rewards | TikTokBlock Rewards | WebsiteBlock Rewards | LinkedIn

Aug 6, 202453 min

Ep 4444: Jim Crider ON: Bitcoin is Money that Makes Sense

In this episode, Scott interviews Jim, a Bitcoin-focused financial adviser from Texas. Jim offers a deep dive into the confusion around inflation, the importance of understanding what money truly is, and the misconceptions about Bitcoin's volatility and risk. He shares insights on integrating Bitcoin into financial plans, addressing lifestyle creep, and the impact of social media on spending habits. Whether you're new to Bitcoin or a seasoned investor, Jim's perspectives are crucial for navigating the complexities of modern finance.Jim is a Certified Financial Planner (CFP) and CEO of Intentional Living Financial Planning which helps families achieve early financial independence. Intentional Living FP helps their clients navigate the decisions, opportunities, and obstacles that they face so their money is used efficiently and effectively to serve its purpose in their lives.Connect with Jim on X (formerly known as Twitter)Resources Mentioned:Intentional Living FP | WebsiteBitcoin Financial Advisors Network | WebsiteThe Investor’s Podcast Network Episodes:Bitcoin Commons Misconceptions with Robert Breedlove | PodcastBitcoin is Not a Hedge with Parker Lewis | PodcastThe Bitcoin Standard by Saifedean Ammous | BookFind More From Scott:Scott Dedels | XBlock Rewards | InstagramBlock Rewards | YouTubeBlock Rewards | TikTokBlock Rewards | WebsiteBlock Rewards | LinkedIn

Jul 30, 202448 min

Ep 4343: Bram Kanstein ON: Bitcoin is the Standard Measure of Human Productivity

In this episode, Scott interviews Bram Kanstein, Bitcoin enthusiast, creative internet entrepreneur and host of the Bitcoin for Millennials podcast. Bram delves deep into the flaws of the traditional banking system and the fiat money paradigm, explaining why Bitcoin offers a more transparent and reliable unit of value. He shares his journey from banking frustration to becoming a Bitcoin evangelist, aiming to educate and inspire millennials. If you're curious about how Bitcoin challenges the status quo and how it could reshape our financial future, you won't want to miss this enlightening conversation.Connect with Bitcoin Bram at his Website, on Youtube or X (formerly known as Twitter)Resources Mentioned: The Price of Tomorrow by Jeff Booth | AmazonBitcoin Standard by Saifedean Ammous | AmazonBitcoin for Millennials | PodcastFind More from Scott:Scott Dedels | XBlock Rewards | InstagramBlock Rewards | YouTubeBlock Rewards | TikTokBlock Rewards | WebsiteBlock Rewards | LinkedIn

Jul 23, 202451 min

Ep 4242: Nolan Bauerle ON: The Bitcoin Revolution Will Not Be Regulated

In this episode, Scott interviews Nolan Bauerle, former strategist at CoinDesk and Kraken Digital Exchange, and the host of "The Breakup," which contrasts the fiat and Bitcoin worlds. They discuss Nolan's work on financial surveillance, his role in Canadian government committees, Bitcoin's need for light regulation, Bitcoin's role in the energy market and his predictions on decentralized states. Nolan also authored the cypherpunk novel "Satoshi Wedding Murders" and believes Bitcoin heralds a systemic revolution.Nolan Bauerle, formerly a strategist with Coindesk and Kraken Digital Asset Exchange, hosts a daily show called The Breakup which focuses on our economic turning from dollars to bitcoin. He is also the author of Satoshi Wedding Murders, a cypherpunk novel exploring the intersections of omnipresent artificial intelligence, universal Bitcoin adoption, and the dark side of humanity. Nolan’s work with Bitcoin began in 2012 with a long term study of cryptocurrencies for the Canadian Senate Banking Committee. After convincing the committee to study Bitcoin, he helped select witnesses and draft the report while also dreaming up a fun publicity stunt — as the report was tabled in Parliament, it was also simultaneously hashed into the Bitcoin blockchain (block #361625). He believes we stand at the brink of a systemic revolution through the personal use and widespread deployment of Bitcoin.Key Topics Discussed:Origins of financial surveillance Nolan's Bitcoin journey and early advocacyThe potential impact of decentralization in CanadaCriticism of Canadian financial managementFuture economic shifts in a Bitcoin worldGuest Socials:Nolan Bauerle | WebsiteNolan Bauerle | LinkedInNolan Bauerle | X (Formerly known as Twitter)

Jul 16, 202451 min

Ep 4141: Ivan Makedonski ON: We Are All Addicted to Digits

In this episode, Scott interviews Ivan Makedonski, Chief of Staff at Breez. Ivan deciphers Bitcoin's undeniable strengths, comparing it to fixed symbols like numbers and highlighting its role in combating digital addiction. He delves into the Lightning Network's transformative potential for blockchain transactions and the unique value Bitcoin brings over traditional currencies. Tune in as Ivan explains how Bitcoin is revolutionizing the monetary system, offering unparalleled control, security, and opportunity for a more equitable financial future.Ivan, Chief of Staff at Breez, was the first non-coder person in the Breez team. He is a passionate bitcoiner who wants people to be in bitcoin because of the security of their property rights that bitcoin will give them. The experience of losing his mother because of money and dealing with all the problems around it made him realize that if he knew about bitcoin then she would still be aliveKey Topics Discussed:The network effect in Bitcoin's superiorityBitcoin's fixed scarcity and limitationsBitcoin's broad range of potential benefitsDigital addiction and Bitcoin's advantagesSimplifying the Lightning Network usageGuest Socials:Breez | WebsiteIvan Makedonski | X (formerly known as Twitter)

Jul 9, 202458 min

S2 Ep 4040: Caribou ON: How Bitcoin Inspires Healthy Lifestyle Choices

In this episode, Scott interviews Caribou, a Canadian Bitcoiner and physiotherapist with a unique approach to health. Caribou, known for his work with The Foot Collective and Soul Freedom, links Bitcoin adoption to improved health and long-term planning. Discover how adopting Bitcoin's low time preference mindset can transform your financial and physical well-being. Learn why Caribou emphasizes natural footwear, balance training, and reconnecting with nature for optimal health. Tune in for insights that can change how you manage both money and health, backed by Caribou's detailed Apollo health protocol.Caribou is a Father, Bitcoiner, wealth consultant at Finney21 and lead developer of RunningApollo.comKey Topics Discussed:Time preference and money's influenceBitcoin's impact on healthPrinciples of natural footwearOpen source health protocolsThe educational system's health roleTo find out more about Apollo, visit their website.Or follow Caribou on X.

Jul 2, 202459 min

S2 Ep 3939: Aleks Svetski ON: The Bushido of Bitcoin

In this episode, Scott interviews Aleks Svetski, a prominent thinker in the Bitcoin community and author of "Bushido of Bitcoin." Aleks delves into the importance of courage, virtue, and cultural reform alongside a financial overhaul. He emphasizes the need for a new ethical framework, that is inspired by classical virtues, to guide society in a Bitcoin-standard world. Aleks also critiques modern societal attitudes and shares insights on how Bitcoin can restore excellence and integrity. Tune in to explore the intersection of finance, culture, and leadership with one of the most dynamic voices in Bitcoin.Aleksandar is the Author of the best selling “UnCommunist Manifesto” and up-coming the "Bushido of Bitcoin”. In 2018, he founded the #1 Bitcoin Times Collectible-Publication, and the world’s first Bitcoin-only savings app: Amber. He open sourced the first open source Bitcoin LLM (The Spirit of Satoshi) and is now working on the Nostr-enabled Travel Network: Satlantis.Key Topics Discussed:Fiat's nihilism and how it impacts societies.The evolution of Svetski's book.Bushido virtues and their importance.Bitcoin's potential future value.Find out more about Aleks' book, Bushido of Bitcoin.Or connect with Aleks' on X.

Jun 25, 202445 min

S2 Ep 3838: Pastor Alin Armstrong ON: Bitcoin is Fair and Just Money

In this episode of The Block Reward, Host Scott Dedels dives into a thought-provoking discussion with special guest, Pastor Alin Armstrong or Pastor Coin. Join them as they intertwine biblical teachings with the revolutionary concept of Bitcoin, exploring the societal impact of money devaluation, the rise of porn, and the correlation between financial insecurity and destructive behaviours. Discover Pastor Alin's unique insights on the morality of taxation, biblical warnings about human kings, and the fundamental choice between serving God or money. With a fresh perspective on money, morals, and purpose, this episode challenges conventional beliefs and sparks a dialogue on reshaping our financial and moral frameworks.Alin Armstrong is a church planter from Canada. He earned a diploma in Pastoral Theology from Vanguard College in Edmonton Alberta. He planted Life-Giver Church in 2016 with the North American Mission Board. Alin is passionate about the transformative power of the Word of God for all of life, including economics.Key Topics Discussed:Bitcoin and biblical teachings.Financial insecurity and destructive behaviours.Fiat money's impact.Taxation in a biblical context.Timestamps:08:26 God wants fair, honest money like Bitcoin.11:16 Genesis fiat is like a royal decree.19:12 Beware of human kings and taxation.26:40 Jesus' teachings on serving masters.35:48 Trading time for increasingly worthless money is common.37:21 Dopamine seeking behaviour in late-stage fiat culture.46:01 Focus on becoming the man you want to be.50:23 Sexual desire is God-given energy to build civilization. Guest SocialsPastor Coin | X (formerly known as Twitter)The Bible and Bitcoin | WebsiteSlaying the Beast Online Course | Website

Jun 18, 20241h 1m

S2 Ep 3737: Peter Dunworth ON: Bitcoin is the Perfect Collateral

In this episode of The Block Reward, host Scott Dedels engages in a riveting conversation with guest Peter Dunworth, founder of The Bitcoin Advisor. They dive deep into the multifaceted world of Bitcoin, discussing its evolution from a medium of exchange to a store of value and unit of account. From the intricate details of Bitcoin's triple entry ledger system to the potential impact of structured products leveraging US treasuries and Bitcoin ETFs, this episode explores the transformative power of Bitcoin on the financial landscape. Based in Sydney, Peter Dunworth is a Director of Networth Advisors, a multi-family office, and the founder of The Bitcoin Adviser, a cutting-edge business designed to cater to the unique needs of high net worth individuals seeking secure and informed Bitcoin investments. Peter's journey as a financial advisor started as an optimistic and aspirational 20-year-old, initially aiming to become an investment banker. However, he changed his path after meeting a mentor who advised him to move into mortgage broking.Peter began his career in finance straight out of university, working at BT Funds. He later set up a mortgage broking business and spent nearly a decade in the field. His father's advisor, who was chairman of one of Australia's largest financial institutions, advised him to move from debt to equity before the GFC. Peter then retrained to provide advice on equities and financial advice, leading him to the financial advice space.In his current role at Networth Advisors, Peter manages a dozen high net worth families' portfolios, providing investment advice across various asset classes, including shares, property, bonds, and his all-time favourite - Bitcoin. His unique insights and deep-rooted knowledge in finance have made him a valuable asset in the world of bitcoin investments.Key Topics Discussed:Bitcoin facilitating loans and paying interest in industries.The potential impact of ETFs on Bitcoin's market evolution.Benefits of structured products merging US treasuries and Bitcoin.The possibility of Bitcoin reshaping global banking practices.Timestamps:04:01 Gold vs. Bitcoin: Store of value comparison.06:38 Bitcoin vs US dollar: Features and value comparison.14:09 Bitcoin's market cap compared to metals market.16:44 Censorship resistance in money systems is crucial.21:44 Bitcoin adoption will likely be a bottom-up, organic process.26:01 Bitcoin prevents financial crises by avoiding reliance on mortgage-backed securities.33:39 Retail banks provide mortgages, Bitcoin offers global collateral.37:05 Bitcoin classification impacts loan availability and rates.38:34 Bitcoin's influence and Gresham's law explained.Guest Socials:Peter Dunworth | X(formerly known as Twitter)The Bitcoin Advisor | Website

Jun 11, 202445 min

S2 Ep 3636: Eric V Stacks ON: Bitcoin Forces Rationality

In this enlightening episode of The Block Reward, host Scott Dedels welcomes Eric V Stacks, a cannabis grower turned Bitcoin maximalist. Together, they delve into Bitcoin's unparalleled potential as a universal financial solution, tackling issues from fiscal responsibility to societal impacts. Eric shares his journey through the economic crises, discusses Bitcoin's role in countering currency debasement, and illustrates its efficiency in resource allocation. Tune in to explore how Bitcoin offers stability in a volatile financial world and why it could reshape the future of money for individuals and nation-states alike. Eric V Stacks is a professional cannabis farmer and Bitcoin advocate. He makes content discussing the profound philosophical and societal implications of this new technologyKey Topics Discussed:Bitcoin as a global bailoutThe impact of currency debasementBitcoin's metaphysical aspects Scarcity and real-estateFuture of fiat currencyTimestamps:03:51 How achieving a property purchase despite financial struggle led to learning about Bitcoin.10:39 People are protesting economic issues and are demanding change in economic policy.18:25 Satoshi solved the double spend problem in Bitcoin by using informational bearer instruments.21:33 Religious ideologies can unite, Bitcoin will revolutionize civilization.29:23 Central authorities devalue currency, siphoning economic energy from people and funding centralized agendas.32:11 Concerns about attacks on Bitcoin's network.34:55 Bitcoin offsets the deflationary world by maintaining financial solvency.37:30 Central banks and how they manage asset prices and inflation.43:22 Bitcoin imposes a universal laws that affects all equally.Guest Socials:Eric V Stacks | X (formerly known as Twitter)

Jun 4, 202449 min

S2 Ep 3535: Tomer Strolight ON: Bitcoin is Synchronizing Human Consciousness

Get ready to dive into the world of Bitcoin with our latest episode of The Block Reward! Join host Scott Dedels and esteemed guest Tomer Strolight as they explore the mystical allure of "Satoshi's treasure," the transformative power of Bitcoin, and its role in shaping the future. Discover how Bitcoin's decentralized nature fosters self-discovery, resilience, and a new form of global cooperation. Tomer also delves into the spiritual awakening that comes with understanding Bitcoin, and the ripple effects of this revolutionary technology. Tune in for a thought-provoking discussion that blends philosophy, technology, and hope for a better world.Tomer Strolight is the Editor-in-Chief at Swan BItcoin. He is a Bitcoin student, teacher, philosopher, writer, evangelist, activist, author, and speaker.Key Topics Discussed:"Satoshi's treasure" and its symbolismBitcoin as "pure money"Spiritual awakening through BitcoinBitcoin's decentralized naturePotential for Bitcoin adoptionTimestamps:08:15 Bitcoins' initial appeal due to its representation of justice, ethics, and being unbreakable in an unjust world.11:10 Bitcoin cannot be taken by force or destroyed, offering a new dimension to money.18:59 Bitcoin fosters innovation through a decentralized thinking process.24:16 Bitcoin is resilient due to a vigilant community and diverse expertise.28:15 Bitcoin's potential, epochs, and comparison to the early Internet.35:04 Bitcoin values beauty, longevity, and humanity in its products. 36:07 Anticipation of a new renaissance.43:56 Bitcoin challenges beliefs about fame, money, and power.Guest Socials:Tomer Strolight | X (formerly known as Twitter)Bitcoin is Beautiful by Tomer Strolight | YouTubeThe Legendary Treasure of Satoshi Nakamoto | YouTube

May 28, 202455 min

Ep 3434: Jesse Berger ON: Magic Internet Money

In this eye-opening episode of The Block Reward, Jesse Berger joins host Scott Dedels to unravel the complexities of Bitcoin against the backdrop of traditional monetary systems. Jesse eloquently bridges the chasm between nominal and real wealth, underlining Bitcoin's role as an arbiter of true financial worth. From acceleration moments sparked by crises to resistance faced from entrenched monetary institutions, Jesse provides compelling insights into Bitcoin's inevitable role in reshaping our financial landscape. Don't miss this deep dive into why Bitcoin is not just an investment but a paradigm shift in understanding value and wealth. 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.Key Topics Discussed:Bridging nominal wealth and real wealth via Bitcoin.Impact of Bitcoin on traditional monetary systems.Acceleration theory and pivotal societal changes.The influence of real estate policies on financial markets.Timestamps:06:29 The cost involved in creating and circulating money.13:56 Bitcoin's crash.18:44 Being concise, relatable, and technically accurate.22:03 Chasing highs of financial success leads to "hangovers".23:02 Officials blame everything but there is a need for systemic change.35:13 Canada's financialization of real estate and currency.38:42 High taxes drive away wealthy which causes the economy to shrink.42:36 Financial system may collapse, Bitcoin offers an alternative.53:55 Bitcoin's fixed supply boosts purchasing power. Guest Socials:Jesse Berger | X (Formerly known as Twitter)Magic Internet Money: A Book About Bitcoin | Website

May 21, 202457 min

Ep 3333: Daz Bea ON: How Bitcoin Mining Can Improve Energy Grids

In this episode of The Block Reward, host Scott Dedels dives deep with guest Daz Bea, an expert in energy grids and Bitcoin mining. They explore the transformative potential of Bitcoin not only as a financial asset but as a revolutionary approach to managing and capitalizing on energy resources. Discover how Bitcoin mining could lead to more efficient energy grids and help usher in a future powered by 100% renewable energy. Tune in as we unravel the complexities of energy consumption, grid stability, and the undeniable connection between cryptocurrency and sustainable energy practices. Daz is Chief Operation Officer and Co-Founder of Looking Glass Education. He is co-author of Amazon's bestselling book B is For Bitcoin alongside The Block Rewards very own Seb Bunney. He is an Electrical Engineer and High Voltage Electrician with intimate knowledge of energy grids, energy markets and the implication of Bitcoin mining for our energy future.Daz is a part time musician having played guitar since he was a young boy. But his greatest role and achievements are that of being a husband and a Dad to two young boys.Key Topics Discussed:Bitcoin's role as an alternative to real estate investmentThe impact of Bitcoin mining on renewable energy gridsNegative aspects of government-controlled digital currencyUsing Bitcoin for efficient monetary transactionsBenefits of education on cryptocurrency fundamentalsTimestamps:06:03 Beers for Bitcoin course overview.13:32 The Gold Standard Eras.24:56 Maximum demand/ eak energy use.28:51 To meet energy demand, grid needs 3x capacity.32:26 Inadequate generational capacity leads to unreliable grids and rolling blackouts.40:32 Private operators prioritize profit in energy decisions.44:53 Maximizing hydropower efficiency.47:25 Bitcoin mining adjusts quickly to maintain stability.59:05 Concerns about privacy and digital surveillance.Guest Socials:Daz Bea | X (Formerly known as Twitter)Looking Glass Education | Website

May 14, 20241h 4m

Ep 3232: Ioni Appelberg ON: Bitcoin Is Kardashev Scale Technology

In this electrifying episode of The Block Reward, Ioni Appelberg joins us to delve into the transformative world of Bitcoin as not just a currency, but groundbreaking energy technology. Discover how Bitcoin challenges the traditional economic paradigms and acts as an economic psychedelic, paving the way for a new era in human civilization. We’ll explore its role in the dynamic interplay between energy consumption, technological sophistication, and the global quest for a Type I civilization on the Kardashev scale. Tune in to uncover how Bitcoin could potentially redefine our understanding of technology, power, and progress. Ioni Appelberg (pronounced Yo-Ni Apple-Burg) is a Bitcoin philosopher, author, and content creator. His love for science fiction, history, futurism, and psychedelics takes his stories (and unsuspecting readers) on swashbuckling journeys to the frontiers of technology, space, and the human mind. He is also an avid reader, a medical doctor, a freedom fighter, a regular fighter, a psychonaut, and a terrible chess player.Key Topics Discussed:Bitcoin's challenge to traditional economic systemsRole of Bitcoin in global energy innovationsThe Kardashev scale and civilization energy controlThe psychedelic effect of BitcoinTimestamps:04:24 A new economic operating system created by Bitcoin.08:11 Bitcoin exposes flaws and introduces economic plasticity.15:00 Bitcoin empowers global cooperation.22:47 Advancement in communication technologies vital for civilization, Bitcoin a recent addition.26:09 Advancing technology like Bitcoin enables progress toward a Type I Civilization.39:56 Bitcoin drives and incentivizes innovation in energy sector.Guest Socials:Ioni Appelberg | YoutubeIoni Appelberg | X (Formerly known as Twitter)Abundance Through Scarcity | Bitcoin Book Shop

May 7, 202459 min

Ep 3131: Rob Wallace ON: The Ethical Dilemma Of The Business Of Ordinals

In this enlightening episode of The Block Reward, host Scott Dedels and Bitcoin enthusiast Rob Wallace dive deep into the controversies surrounding Bitcoin's true purpose. They tackle hot topics like the implications of NFTs on the Bitcoin blockchain, the evolving debate on Ethereum's influence, and the pitfalls of straying from Bitcoin’s mission to separate state and money. Join us as Rob emphasizes the significance of keeping Bitcoin pure and independent, addressing risks like ordinals and inscriptions that may redirect its foundational aim. Rob Wallace is passionate about delivering accurate and insightful information about Bitcoin. He is the co-founder of Bitcoin News, a media platform that covers the latest trends, developments, and opportunities in the Bitcoin space. Rob has over a decade of experience in video production, editing, and motion design, working with global brands, agencies, and startups. He started his career in Shanghai, where he launched his own PR and events company, PX Productions, and produced viral videos with millions of views. He then moved to New York, where he worked as a producer and associate producer at Simba Productions and Saatchi & Saatchi Wellness, creating engaging content for clients like Spotify, Pizza Hut, and Johnson & Johnson. Rob combines his production and creative skills with his knowledge of international relations, which he studied at Tufts University. He is adept at managing budgets, logistics, and workflows, as well as developing concepts, scripts, and storyboards. He is also proficient in social media, social networking, and project management. Rob's goal is to help accelerate the adoption of Bitcoin by educating and inspiring audiences through compelling storytelling.Key Topics Discussed:Bitcoin's fundamental purpose vs. market promotion schemesReliability of Bitcoin News for accurate information The viability and risks of NFTs on the Bitcoin blockchainBitcoin and Ethereum's differences and the Ponzi scheme labelOrdinals and inscriptions' impact on Bitcoin’s network and feesTimestamps:04:28 With the debt crisis worldwide, Bitcoin is a solution.08:12 Bitcoin enabling new non-monetary uses, sparking debate.12:40 Ordinals and inscriptions increase congestion and fees on Bitcoin which impacts accessibility for users.16:39 Bitcoin block size wars.18:38 Censorship, censorship resistance, and social responsibility.25:15 Understanding Bitcoin's significance in separating governments from money printers for a better future.34:22 Ethereum-Bitcoin relationship shows declining exchange rates.38:45 Bitcoin logo NFT sells for $750,000.45:07 Advocates for Bitcoin defend against criticism urging personal choice and speaking out on platforms.Guest Socials:Bitcoin News | WebsiteBitcoin Magazine: Beyond Tribalism | Website/ArticleThe Bullish Case for Ordinals with Pete Rizzo | Youtube

Apr 30, 202451 min

Ep 3030: Scott Dedels ON: The Dao Of Bitcoin

In today's thought-provoking episode of The Block Reward, your host Scott Dedels invites you on a journey through the Dao of Bitcoin. We delve into how Bitcoin challenges and reshapes our understanding of money, society, and our interconnectedness within the cosmos. Scott discusses his new book, The Dao of Bitcoin, which explores Bitcoin's potential to spark a species-wide spiritual awakening, redefine value transfer and our internal worldviews. Tune in to discover how Daoism intersects with Bitcoin philosophy, and how this ancient wisdom could be the key to a harmonious, decentralized future. Buy the book: The Dao of Bitcoin: Towards a Cosmology of Energy Money: Dedels, Scott, Shilling, Mel, Bunney, Seb: 9798884441965: Amazon.com: BooksKey Topics Discussed:Bitcoin's influence on worldview and society.The concept of the 'orange pill' and the awakening in Bitcoin.Daoism's connection with Bitcoin philosophy.Centralization vs. Decentralization in societal evolution.Timestamps:05:48 Bitcoin promotes universal secure storage, property protection, and nonviolent interactions.08:43 Money loses value due to infinite supply.15:37 Daoism and Bitcoin.20:55 Bitcoin enables modern interactions that are aligned with ancient principles.24:14 The axioms of money and wealth.

Apr 23, 202428 min

Ep 2929: Raphael Zagury ON: Conceptualizing Bitcoin as an Asset Class

In the 29th episode of The Block Reward, Scott Dedels is joined by Raphael Zagury, a financial maverick with roots in Brazil's hyperinflation crisis, who shares his journey to Bitcoin enlightenment. Delve into an eye-opening discussion on Bitcoin's potential to reshape the monetary landscape and outshine traditional assets. Raphael demystifies Bitcoin's value, drawing parallels to tech disruptions like the Internet and advocating for its rightful place in your portfolio. Get ready to have your perspective on money challenged and enlightened. Tune in to this crucial conversation for anyone looking to navigate the volatile world of Bitcoin.Use code block2024 for a discount on the Canadian Bitcoin Conference.Raphael Zagury was raised in Brazil, he experienced the impact of money debasement and inflation firsthand. This awareness, combined with his passion for technology and economics, naturally led him to Bitcoin. He joined Swan as a staunch believer in the potential of Bitcoin to revolutionize the financial landscape and a desire to contribute to its global adoption.Key Topics Discussed:Incorporating Bitcoin in employee compensationBitcoin's potential to revolutionize financeThe challenges of Bitcoin's acceptance in traditional institutionsAsset allocation including Bitcoin in portfoliosPredicting Bitcoin's value and market dynamicsTimestamps:04:13 Raphael moved from Fintech to Bitcoin in 2022, joined Swan after realizing Twitter didn't scale well.07:46 Experiencing Brazil's Hyperinflation in the 90's.15:12 Discovering new investment opportunities, like the Internet.17:47 Post-2008 regulations slowed banks' decision-making.21:05 Only a few financial advisors recommend investing in Bitcoin.27:23 Investors buy real estate and stocks for long-term value not understanding the specifics.38:05 Bitcoin's new technology unpredictability & volatility are natural and important during the early stages.41:52 Asset allocation tool has been tested with the Ontario Teachers pension plan.44:45 Bitcoin as a part of investment portfolios.48:44 Bitcoin gaining acceptance among younger generation in finance.Guest Socials:Alpha Zeta | X (formerly known as Twitter)Nakamoto Portfolio | Website

Apr 16, 202453 min

Ep 2828: Luke Mikic ON: 64 Million Dollar Bitcoin by 2030

On this captivating episode of The Block Reward, host Scott Dedels dives deep with Luke Mikic, unearthing the potential seismic shifts in Bitcoin's adoption and value. Discover a vision where 0.1 Bitcoin might anchor your family's wealth for generations and understand why some say we're on the brink of a 'digital gold rush.' Luke critiques traditional financial models, has insights into the Bitcoin multiplier effect, and has bold price projections. This episode challenges everything you thought you knew about cryptocurrency.Luke Mikic is a globetrotting Bitcoin content creator, who has spent the last two years travelling the world living on a Bitcoin standard.Key Topics Discussed:Bitcoin adoption and price projectionsTraditional currency dissatisfaction and alternativesExponential adoption patterns of BitcoinThe Bitcoin multiplier effect and its impact on the marketGenerational wealth potential of BitcoinTimestamps:06:10 The impact of Bitcoin and the internet.12:45 Bitcoin's bullish outlook and skeptics in markets.22:41 Past technologies have taken around 20 years to reach mass adoption, Bitcoin is possibly close to its inflection point.34:09 Pre-2010s money worked well but people are now dissatisfied.37:37 Every 80 years, the government defaults to pay off debt, a cycle causing inflation and wealth inequality.46:57 The Bitcoin multiplier effect.Guest Socials:Luke Mikic | Newsletter SubscriptionLuke Mikic | X (formerly known as Twitter)Luke Mikic | Youtube

Apr 9, 20241h 1m

Ep 2727: Pierre Rochard ON: The Politics of Bitcoin Mining

Join us on The Block Reward for an illuminating discussion with Pierre Rochard, VP of research at Riot Platforms. In this episode, we unpack the turbulent intersection of Bitcoin mining, energy consumption, and regulatory pressures with a lens on Elizabeth Warren's stance. Dive into the complexities of Bitcoin's role as digital gold, its challenges in the global energy narrative, and the intricate dance of policy-making. With inside perspectives from a leading industry expert, this episode helps demystify the journey towards Hyperbitcoinization. Use code block2024 for a discount on the Canadian Bitcoin Conference.Pierre has been associated with Riot Platforms since July 2019, initially as a member of the Advisory Board before officially joining the Company in July 2022 as Vice President of Research. Pierre brings a significant amount of Bitcoin-related knowledge to Riot Platforms and is a widely respected advocate for Bitcoin’s decentralized governance and value. He has researched and written about Bitcoin since early 2013 and co-founded the Satoshi Nakamoto Institute in 2014 to curate best-in-class primary source literature about Bitcoin.Prior to working at Riot Platforms, Pierre was a Product Manager at Kraken Digital Asset Exchange, where he led the product direction for Bitcoin and launched the Lightning product. He currently also co-hosts the Noded Bitcoin Podcast and the Bitcoin for Advisors Podcast.Pierre holds both a Master's degree in Accounting and a Bachelor of Business Administration in Accounting from the University of Texas in Austin.Key Topics Discussed:Regulation motives of the Bitcoin industryBitcoin mining's energy consumption debateEvolution of environmentalism and energy policyFuture of Bitcoin and Dollar CoexistenceThe impact of Exchange-Traded Funds on Bitcoin accessTimestamps:03:49 Delves into Bitcoin from a microeconomic perspective.06:44 Discussion on currency conversion, adoption of Bitcoin as currency, and its potential use as a medium of exchange.09:54 The possibility of Hyperbitcoinization.13:54 ETF adoption, Bitcoin unit bias and underlying technologies.17:09 Criticism of Bitcoin in US politics.25:43 Bitcoin mining offsets peak energy demand which can benefit the grid.28:03 Elizabeth Warren and conflated reasons that resulted in legal challenges.33:52 Increasing industrial electricity use, integrating solar and wind.37:05 Bitcoin's environmental impact is misunderstood.46:43 Bitcoin mining energy consumption trend and prediction.Guest Socials:Pierre Rochard | LinkedInPierre Rochard | X (Formerly Known As Twitter)

Apr 2, 202455 min

Ep 2626: John Ely ON: Re-engineering The Value For Value Model

Welcome to The Block Reward, where we unravel the digital curtain of Bitcoin for beginners! In this eye-opening episode, Scott Dedels hosts John Ely, a true Bitcoin believer who journeyed from architecture into the heart of decentralization technologies. They dive deep into a future where Bitcoin disrupts surveillance economies and empowers individual freedom. Discover how AI intersects with Bitcoin and why enthusiasts might eventually call Bitcoin the currency of AI. This is a mind-stretching interview that'll leave you rethinking value, privacy, and the potential of Bitcoin to reshape the digital and real-world landscape. John started his career in Architecture, working in Toronto, New York, and Vancouver. But in the late 90's, the rise of the internet stole his attention so he translated his design skills into the digital world and started a web application company. He continued to run that successful business until his Bitcoin obsession took over. After thousands of hours of research, and working for Bitcoin startups, John founded Motovate.ai. It enables enterprise sales incentives over the Lightning network. He has joined Block Rewards as of February 2024 as Chief Product Officer.Topics Discussed:Using Bitcoin as a safeguard against surveillanceDecentralization's importance in technologyBitcoin's historical and technological rootsAI integration with Bitcoin's economyBitcoin versus traditional asset classesTimestamps:20:35 Bitcoin solved the problem of sending money across a distributed network, enabling global value transfer.28:42 Motivate sales with Bitcoin-based leaderboard incentives.37:15 A new AI sales agent learns from calls and makes a thousand calls at once.46:30 New concept of personal AI using recorded answers to questions.55:23 Fiat incentives lead to dystopian surveillance making Bitcoin crucial.57:34 Governments spying on citizens but hope lies with decentralized technologies.Episode Resources:John Ely | X (Formerly Twitter)John Ely | LinkedIn

Mar 26, 202458 min

Ep 2525: Ben Perrin ON: Building The World We Want To See

Step into the future of finance with Ben Perrin on The Block Reward, where host Scott Dedels uncovers the essentials of Bitcoin for newcomers. In this episode, Ben shares his expertise, developed from years of creating accessible Bitcoin content on his successful YouTube channel. As a renowned Canadian Bitcoin educator, he offers straightforward strategies for beginners to navigate the Bitcoin ecosystem with confidence. This episode provides a clear, engaging conversation filled with actionable advice for anyone looking to understand and participate in the world of Bitcoin. Tune in to discover how you can secure your financial future with Bitcoin knowledge.Ben is the host of BTC Sessions and has been educating people in the realm of using/securing Bitcoin since 2016. His YouTube channel has amassed over 9.2 million views, and in between making tutorials, Ben regularly travels the globe speaking at conferences, running workshops, and educating political dissidents on how to use BTC as a tool for human rights.Topics Discussed:Organizing Bitcoin-based Saturday SAT MarketEducation for Bitcoin beginnersBitcoin in compensation and benefitsBitcoin's role in future finances Fiat currency devaluation and inflation issuesTimestamps:09:51 Transition from technical understanding to helping people understand the "why" in videos.14:20 Bitcoin's relevance grew as concern for the devaluation of money increased.20:54 Power over money presents an inherent moral problem.30:33 TikTok videos inspire education on economic issues and inflation's impact on wages.32:51 The perceived view that a volatile currency is necessary.37:12 Bitcoin tutorial recommendations.39:50 Bitcoin layers facilitate smaller, secure transactions.45:53 Screen numbers versus real-life impact.53:02 Bitcoin meetups encourage grassroots cooperation and innovation.56:12 Step-by-step guide for obtaining and using Bitcoin.Episode Resources:BTS Sessions | YoutubeBTS Sessions | X (Formerly Twitter)Coldcard Bitcoin Hardware Wallet | Youtube

Mar 19, 202459 min

Ep 2424: Jeff Booth ON: Why Deflation is the Key to Abundance

Join us on The Block Reward where host Scott Dedels chats with Jeff Booth, esteemed tech entrepreneur and author of "The Price of Tomorrow". Jeff unravels the paradox of deflationary technology within our inflationary monetary framework and illuminates Bitcoin's potential as a beacon of hope for a fair economic future. Together, they tackle AI's transformative impact and the essence of a decentralized financial system. Don’t miss this insightful exploration into how Bitcoin could shape a world where technology enhances, not hinders, our prosperity. Discover the intersection of innovation, economy, and integrity in this thought-provoking episode.Jeff Booth is a visionary leader who has lived at the forefront of technology change for 20 years. He led BuildDirect, a technology company that aimed to simplify the building industry, for nearly two decades through the dot-com meltdown, the 2008 financial crisis, and many waves of technological disruption. In January 2020, Jeff released his first book titled “The Price of Tomorrow – Why Deflation is Key to an Abundant Future”. In it, Jeff offers his provocative thesis about the current state of our economies and what must happen to enable a brighter future. Jeff has been featured in Forbes, TechCrunch, Inc.com, The Globe and Mail, BNN, Fast Company, Entrepreneur, Bloomberg, TIME, and The Wall Street Journal. In 2015, he was named BC Technology Industry Association’s (BCTIA) ‘Person of the Year’, and in 2016 Goldman Sachs named him among its ‘100 Most Intriguing Entrepreneurs’. He is a Founding Partner of OtioLabs, Co-Founder of addyinvest.com and NocNoc, and serves on the boards of Terramera, Cubic Farms, LlamaZOO, Synthiam and the Richmond Hospital Foundation as well as numerous advisory boards. He has been a Young Presidents Organization member since 2004 and contributes time as a Founding Fellow on the Creative Destruction Lab. In his downtime, Jeff can be found at the lake playing his guitar around a campfire with his family and friends, enjoying watersports or skiing at the local Vancouver mountains. He is also dedicated to learning and reads about 50 books a year.Topics Discussed:Deflationary nature of technologyBitcoin's decentralized ledger systemTransitioning to a Bitcoin-enabled economic systemBitcoin vs. other cryptocurrencies' and their securityAI's potential controlled through BitcoinTimestamps:03:42 "The Price of Tomorrow" book incorporates Bitcoin ideas for navigating change.15:53 Bitcoin's impact on market and technology.17:33 Fiat monetary systems struggle to keep up with technology.29:55 Bitcoin's design prioritizes decentralization and security, which has been improving every year.37:54 The accelerating rate of the improvement of AI and its relation to Bitcoin39:08 Observing rapid exponential growth and subsequent progress.45:58 Acknowledging personal responsibility for negative actions amid a high rate of theft.49:35 Printing money and how it led to unintended negative consequences.Episode Resources:Ego Death Capital | WebsiteJeff Booth | WebsiteFinding Signal In A Noisy World | LinkedIn

Mar 12, 202453 min

Ep 2323: Sam Callahan ON: 5 Reasons to be Bullish About 2024

Welcome back to The Block Reward, where host Scott Dedels chats with Sam Callahan in a can't-miss conversation about Bitcoin's scarcity, potential market surges, and the key relationship dynamics between ETFs (Exchange-Traded Funds) and miners. Sam unpacks the implications of Bitcoin Halving and its reverberations through the mining industry. Hear his invaluable insights into Bitcoin's secure and decentralized network and its role in shaping a robust monetary future. Uncover the misconceptions and awaken to hear about Bitcoin's transformative potential.Sam Callahan is the Senior Market Analyst at Swan Bitcoin and the Host of the Swan Signal Live podcast. Sam’s market commentary is frequently shared across social media and has been featured in publications like Forbes, Yahoo Finance, CNBC, CNET, Bitcoin Magazine, the Block, Coindesk, and more. He has been a featured speaker at conferences and has also moderated several high-profile fireside chats. Sam has been a guest on popular shows and podcasts such as CNBC's Crypto World, The Investor’s Podcast, What Bitcoin Did, Coin Stories Podcast, Stephan Livera Podcast, and more.Topics Discussed:Bitcoin's hedging against fiscal irresponsibilityBitcoin Halving’s impact on miningETF's (Exchange-Traded Fund's) influence on Bitcoin's market dynamicsPhilosophical implications of Crypto regulationsFASB (Financial Accounting Standards Board) rule changes and corporate Bitcoin adoptionTimestamps:08:19 Bitcoin and creating a decentralized monetary system that is incentivizing miners to process transactions.13:10 Bitcoin's security and decentralization are unbeatable by competitors.19:21 Austerity measures and market response.28:30 Bitcoin's market is growing, but volatility remains.33:59 ETFs(Exchange-Traded Funds) will improve access and liquidity, creating more trading opportunities.36:37 Bitcoin's valuation and marking losses in the market.49:14 Bitcoin mining is becoming more efficient with cheaper, sustainable energy sources.56:24 Enhanced privacy regulations are hindering Bitcoin transactions.Episode Resources:Swan Bitcoin | WebsiteSwan Bitcoin | YoutubeSam Callahan | X (Formerly Twitter)

Mar 5, 20241h 5m

Ep 2222: Dr. James Wong ON: How Bitcoin Can Fix The Cost of Healthcare

In this thrilling episode of The Block Reward, host Scott Dedels sits down with Dr. James Wong to explore a radical paradigm: Bitcoin's potential to overhaul healthcare economics. With the rising costs of prescriptions and the daunting prospect of inflation, discover how Dr. Wong's revolutionary Bitcoin rebates through his startup, NiHowdy, offer a lifeline. Tune in to this episode and learn how a Bitcoin standard could lead to groundbreaking business models, affordability in healthcare, and combat the financial crises threatening our purchasing power—only on The Block Reward | Bitcoin For Beginners.James Wong is the founder of NiHowdy, a prescription savings card that offers drug rebates in Bitcoin. He is a licensed pharmacist with experience in managing and operating skilled nursing facilities.Topics Discussed:Fiat economics and its negative impact on healthcare outcomesCurrent economic conditions and the diminishing purchasing powerBitcoin's usefulness in reducing out-of-pocket prescription costsInflated drug costs due to middlemen and complex money distribution, as well as the potential to reduce costs in industries like travel by eliminating middleman commissionsThe lifecycle of drug pricing changes and impact on consumersIndustry pressure on pharmaceutical companies to raise drug pricesInfluence of the inflation reduction act on drug pricing and rebatesPricing discrepancies for medications across countriesImpact of inflated drug costs on US versus other countriesBroken money system and its influence on healthcare sustainabilityTimestamps:04:25 Bitcoin's role in healthcare delivery and challenges.08:36 Middleman charges significant portion of pharmacy revenue.11:30 Congress passes Inflation Reduction Act impacting drug costs.15:05 Government-led grocery price fixing raises economic concerns.17:21 Bitcoin's deflationary design offers long-term potential.23:38 Fiat food degrades due to economic pressures.27:16 Canadians facing suicide and depression linked to economics.28:57 Drug rebates benefit all except the vulnerable.35:12 Different drug prices by country, bitcoin's impact.38:03 Middleman commissions could be replaced by bitcoin.Episode Resources:NiHowdy | WebsiteNiHowdy | YouTubeDr. James Wong | LinkedIn

Feb 27, 202443 min

Ep 2121: Julian Figueroa ON: Documenting Bitcoin

Step into the world of Bitcoin with Julian Figueroa, a content maven turning heads with his unique twist on cryptocurrency education. In Episode 21 of The Block Reward | Bitcoin For Beginners, Scott chats with Julian, who's notched over 18 million views with his punchy, meme-infused Bitcoin explainer videos. We delve into Julian's journey to a Bitcoin-reliant lifestyle and his knack for crafting bite-sized, potent content that's reshaping the financial landscape. Gear up for a compelling episode that fuses humor and insight with a dash of disruption. It's Bitcoin made viral, and it's an episode you won't want to miss!Julian Figueroa is a filmmaker and host of Kinetic Finance - a multi-platform video channel providing educational and historical explainers on money & markets, as wel as a cutting-edge look into the world of Bitcoin. Since 2020, his content has amassed over 18 million views across YouTube, Twitter, Tik Tok and Instagram. In addition to appreciating the self-sovereign movement that Bitcoin promotes, Julian also shares a passion for off-grid living - consistently learning about and engaging in carpentry, permaculture, and survivalism.Topics Discussed:Julian’s YouTube Channel and Financial StrategiesJulian’s Approach to Bitcoin Content CreationJulian's Videography and his Creative ProcessJulian’s Personal Bitcoin Adoption and LifestyleTechnical Aspects and Tools for Bitcoin TransactionsSociocultural Perspective on Bitcoin AdoptionGlobal Bitcoin Documentary ProjectsTimestamps:08:54 Transition from game design to bitcoin advocacy.13:47 Improving content by integrating humor and memes.17:05 Family business teaches kids about bitcoin through games.19:24 Financial literacy promotes self-sufficiency and informed decisions.22:36 The one collaboration that changed Julian’s video perspective.25:26 Two documentaries about bitcoin you must see.33:01 Transition to using bitcoin for all transactions.37:39 Transitioning from cheaper to high-quality purchases, investment.38:45 Early bitcoin purchases were risky but essential.44:04 Media and internet shape opinions in Canada.45:04 Community influences beliefs more than the internet.Episode Resources:Kinetic Finance | YouTubeKinetic Finance | X (formerly Twitter)Kinetic Finance | TikTok

Feb 20, 202449 min

Ep 2020: Lisa Hough ON: Monetizing Molecules

In this electrifying episode of The Block Reward | Bitcoin For Beginners, Lisa Hough sheds light on bitcoin's potential to reshape the energy sector and our financial future. Discover how “monetizing molecules” can turn excess energy into profit, why energy companies are buzzing about bitcoin, and the pressing issue of energy poverty. Lisa discusses the ties of bitcoin to national security and reveals groundbreaking work at Custodia Bank. Press play and join host Scott Dedels for a future-charged discussion that's about more than just price—it's about power, freedom, and innovation.Lisa's 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. Energy companies, high-net-worth individuals (HNWI), wealth managers, family offices, universities, and industry symposiums frequently call on Lisa for guidance. Topics Discussed:The Global Impact of Bitcoin Bitcoin MiningMonetizing Energy: From Natural Gas to BitcoinThe Power of Bitcoin in Energy Efficiency and Poverty ReductionTurning Stranded Energy into Bitcoin GoldReimagining Energy Economics: Bitcoin Mining's PotentialFrom Excess Gas to Bitcoin CashTimestamps:03:19 Global property rights disparities and confiscation risks.10:31 How Bitcoin mining affects natural gas market value.14:12 Innovative energy solutions to alleviate global poverty.18:26 Unused energy is now used to mine bitcoin.22:25 Hoax of oil being sold for dollars.28:36 Government being hacked, national security at risk.31:38 Conflict between energy demand and Berkshire investment. 36:04 Debate on financing and readiness for war.37:19 Bitcoin's impact and divisiveness in US politics.46:52 Understanding that bitcoin goes beyond its price.47:56 Bitcoin = secure ledger, energy-intensive, pushes innovation.Episode Resources:Lisa Hough | WebsiteLisa Hough | X (formerly Twitter)Lisa Hough | LinkedIn

Feb 13, 202452 min

Ep 1919: Mike Willis ON: Bitcoin Meets Wall Street - The ETF Revolution

Brace yourself for a financial revolution! Join us on The Block Reward | Bitcoin For Beginners as I sit down with Wall Street veteran and CEO of CYBER HORNET ETFs, Mike Willis. In this episode, Mike unveils the groundbreaking collaboration between Bitcoin and the S&P 500, as his team launches an innovative ETF. Discover the strategy merging S&P 500 stability with Bitcoin's potential, offering investors a traditional pathway into the crypto space. Mike shares his journey from skepticism to staunch "bitcoiner" and delves into the future impact of Bitcoin ETFs on the market. Don't miss this episode—it's a ride through the intersection of Wall Street and Bitcoin! Mike has worked in the Wall Street industry for the past 25 years. He is the CEO, Co-Founder, and Lead Portfolio Manager for CYBER HORNET ETFs. He previously worked for UBS, Paine Webber, & Smith Barney. Mike enjoys turning big ideas into reality.Topics Discussed:Bitcoin ETFs and the S&P 500 CollaborationMaking Bitcoin-Like Returns AccessibleBitcoin's Place on Wall StreetUnderstanding Exchange Traded Funds (ETFs)Bitcoin Investment Strategy via ETFsFuturistic Outlook on Bitcoin ETFsThe Regulatory Landscape and Future of Bitcoin ETFsThe Significance of ETFs and Index FundsBitcoin's Market Implications and HyperbitcoinizationChallenges in Bitcoin Ownership and InvestmentBenefits and Risks of Bitcoin in Different Forms Timestamps:07:45 Exploring alternative coins for better investment options.10:15 Stockbrokers held power as the information source.15:38 Bitcoin is the ultimate asset, S&P 500 suffices.22:06 Decentralized bitcoin ownership is a cold storage.24:00 ETFs for beginners, bitcoin for purity enthusiasts.34:05 Bitcoin's strong performance attracts investors to ETFs.36:19 Hyperbitcoinization: Swallowing financial assets, cool conversation, Cyber Hornet ETFs.41:11 Nasdaq reserves ticker symbols for new ETFs.42:17 Gradual shift to spot, high-risk asset class.45:10 Is S&P 500 a safer option than Bitcoin?56:23 Blockrewards facilitates bitcoin integration for Canadian employers.Episode Resources:Cyber Hornet EFTs  | WebsiteMike Willis | LinkedIn

Feb 6, 202457 min

Ep 1818: Morgen Rochard ON: How Do We Plan For Bitcoin?

In this episode of The Block Reward, host Scott Dedels sits down with certified financial planner Morgen Rochard to discuss the integration of Bitcoin into financial planning. They explore the evolving perception of Bitcoin, its potential for wealth protection and the impact of inflation on saving strategies. The conversation covers the challenges of educating clients about Bitcoin, the role of financial advisors in a changing digital asset landscape and the implications of Bitcoin ETFs. The speakers highlight the need for ongoing education and adaptation to digital currencies within financial planning and regulatory frameworks. Origin Wealth Advisers LLC is a fee-only, financial planning firm helping bitcoin families live their most fulfilled lives. Origin provides financial advice and does not sell any products. Prior to founding Origin, Morgen started her career trading equity options and later worked for two large private wealth management firms serving ultra high net worth clients. Morgen has two podcasts, “Bitcoin for Advisors” and “Money Owners,” and also wrote the “Personal Finance QuickStart Guide.” In her free time Morgen homeschools her two young children, cooks, and spends time outside with her family. What We Discuss: (00:04:47) The evolving understanding of Bitcoin and the challenges of advising about it. (00:09:19) The changing narrative of inflation and its relevance in financial planning, as well as the difficulties individuals face in saving for retirement, the impact of inflation on financial stability, and the rise of families needing to relocate as a result. (00:24:53) Describing Bitcoin as a savings technology and the challenge of transitioning clients from investment to savings mindset. (00:31:02) Exploration of the potential impact of Bitcoin ETFs on the market, global markets and Bitcoin adoption, as well as the potential role of institutions in promoting these products. (00:37:10) Exploration of the evolving role of Bitcoin in financial planning over the next 15-20 years, including challenges and potential changes. (00:38:44) Discussion of challenges faced by financial planners dealing with clients holding significant amounts of Bitcoin, including storage, risk mitigation and estate planning. Episode Resources: Origin Wealth Advisors | Website Bitcoin Financial Advisors Network | Website Morgen Rochard | X (Formerly Twitter)

Jan 30, 202453 min

Ep 1717: Madex ON: How Fiat Money Ruined Art

In this episode of The Block Reward, Scott Dedels, hosts a conversation with Madex about the detrimental effects of fiat money on the art world and the potential for Bitcoin to enact positive change. They discuss the devaluation of art due to the focus on quick sales and volume over quality, and the manipulation of art prices. Madex criticizes the rise of NFTs as a scam, exploiting people's financial insecurities. They explore the ethical issues surrounding financial scams in the art market and the psychological impact on individuals seeking quick financial wins. The episode also touches on the importance of quality and effort in art production, the need for skilled labor, and the use of Bitcoin to incentivize creativity and craftsmanship. Madex is an artist, mastermind, and revolutionary, as well as the creative director of Bull Bitcoin, the greatest self-custody, Bitcoin-only company on Earth. What We Discuss: (00:03:34) Explanation of how Bull Bitcoin enables Canadians to live without a bank account and transact entirely in Bitcoin. (00:15:30) Bitcoin promotes personal responsibility and accountability which leads to individual sovereignty. (00:18:24) How fiat money devalues art and promotes rushing the creative process which in turn produces low-quality art. (00:22:07) Art's role in reflecting the spirit of society, with a critique of modern art's reflection of culture. (00:23:06) The shift of art as a store of value due to broken money and the resulting impact on demand and creativity. (00:30:16) Discussion on NFTs as scams and the predatory nature of the art world targeting wealth and insecurities. (00:36:49) The influence of financial desperation on investment decisions in art, NFTs, and ICOs, and the exploitation of false hopes. (00:42:03) Discussion on Bitcoin's potential to inspire talented creators to enter the market and produce high-quality work. (00:51:45) The motivation to be part of a change that brings authentic, durable products back into the world and the challenges in finding skilled laborers. (01:00:30) Madex shares insights on planning for the future with Bitcoin and the importance of having a personal plan while being open to Bitcoin's surprises. Episode Resources: Madex | Website Madex | Instagram Madex | X (Formerly Twitter)

Jan 23, 20241h 4m

Ep 1616: Peruvian Bull ON: The Japanese Maginot Line

In this episode of The Block Reward, host Scott Dedels talks with Peruvian Bull, an expert in global debt markets. They discuss the challenges central banks face with the US dollar's dominance and the growing global debt. Peruvian Bull shares his "Dollar End Game" thesis, examining the implications of the dollar's reserve currency status and the risks of debt expansion. They explore the Federal Reserve's rate hikes, Japan's economic struggles and the abstraction of financial markets. Peruvian Bull also speaks on Bitcoin's potential as a global currency and reserve asset, its adoption, and the role of energy in its growth. Peruvian Bull is a Peruvian-American scholar, researcher, and educator hailing from the Pacific Northwest. Born and raised in Seattle, he attended a local university where he graduated Magna Cum Laude with degrees in Finance, Economics, and Entrepreneurship. He has studied also in South America and plans to complete a Master's degree at the London School of Economics. He currently works at a private equity fintech firm as an analyst and advisor for financial services. What We Discuss: (00:04:40) Peruvian Bull's explanation of the dollar end game thesis, discussing the global reserve system and the potential impact on the US dollar. (00:09:42) Analysis of the growth of indebtedness and its implications for the US, including interest expense and potential consequences. (00:20:35) Explanation of how countries defend their currencies, the impact of carry trades and the challenges they face. (00:21:29) Discussion on Japan's post-World War II economic growth, its 30-year economic malaise, and the Bank of Japan's interventions as well as its attempts to stimulate growth, quantitative easing, and the implementation of yield curve control. (00:35:49) The interconnectedness of global financial systems, the impact of currency crises on various countries and potential solutions. (00:40:36) Discussion on the limitations of manipulating the financial economy, the crash impact on financial derivatives, and the sustainability of the current system. (00:43:32) The layered financial system and the role of the Lightning Network in handling microtransactions. (00:45:23) The importance of Bitcoin adoption and its potential impact on global monetary systems, focusing on energy as a base commodity. Episode Resources: The Dollar Stack | Newsletter Peruvian Bull | YouTube The Dollar Endgame: Hyperinflation Is Coming | Book

Jan 16, 202452 min

Ep 1515: Kevin Coldiron ON: Rise of Carry and The Future of Central Bank Intervention

In this episode of The Block Reward, host Scott Dedels and guest Kevin Coldiron discuss the complex issue of carry trades and their influence on global financial markets. They explore the role of central bank interventions, the challenges of the current economic climate and the need for a reformed monetary system. Kevin shares his perspective on the potential for a post-carry monetary system and the fragility introduced by excessive carry trades. The conversation also touches upon Bitcoin's relevance in addressing these financial system issues. Kevin Coldiron is a Lecturer in the Financial Engineering Program at U.C. Berkeley’s Haas Business School and host of the Ideas Lab podcast series on the Top Traders Unplugged platform. Prior to joining the Haas faculty he co-founded Algert Coldiron Investors (ACI), a San Francisco-based quantitative hedge fund. He previously headed the hedge fund business at Barclays Global Investors in London and has also worked as a currency market analyst at the Federal Reserve Bank of New York. Kevin has an MBA from London Business School and a BSc in Finance from the Pennsylvania State University. Kevin is co-author with Tim and Jamie Lee of The Rise Of Carry which was a top-selling investment book on Amazon and awarded the 2020 Globie for Globalization Book of the Year. He has been featured on top podcasts such as Bloomberg’s OddLots and Hidden Forces. He publishes a one-page newsletter called The Ideas Lab: New Ways To Understand Global Markets, which summarizes his writings, interviews and research. His regular articles for Forbes can be found at: Kevin Coldiron's Forbes Articles. What We Discuss: (00:03:55) What does the term "carry trading" mean, and what is the impact on the global financial system? (00:15:12) The impact central bank interventions have on carry trading. (00:26:11) How carry trades increase liquidity in financial markets and promote the money-ness of various assets. (00:29:43) The interconnectedness of different central banks and the impact on global markets. (00:34:29) The yen carry trade, its impact on the Japanese currency and the challenges faced by the Bank of Japan. (00:42:29) The necessity and structure of central banking in the modern world and the need for a lender of last resort. (00:48:09) The potential role Bitcoin has to be a solution to the challenges posed by central banking. (00:53:08) The relationship between inflation, asset prices and the sustainability of the current economic system. (00:55:31) Exploring the potential future of the monetary system, the role of central banks and the challenges in designing a post-carry monetary system. Episode Resources: Kevin Coldiron | Newsletter The Rise of Carry | Website Ideas Lab | Podcast

Jan 9, 202459 min

14: Zac Guignard ON: How Does Gen Z Perceive Bitcoin?

In this podcast episode of The Block Reward, Scott chats with Gen Z economics student, Zac Guignard, to discuss Zac's perspective on Bitcoin. They delve into how Bitcoin is perceived by young people, its potential to solve societal problems and its political implications. Zac shares his journey into Bitcoin and they discuss the importance of education in understanding Bitcoin, the skepticism from faculty members and the potential of Bitcoin to bring about a sustainable energy revolution. Zac helps steer education for Theya Bitcoin, a Y Combinator backed startup providing the world's simplest #bitcoin multisig and self-custody service. He is also a student of Economics at the University of Victoria, and a prolific writer with his own publication "The Bitconomist” on Substack exploring the economic, social, and environmental impacts of Bitcoin. What We Discuss: (00:00:00) Bitcoin is seen as money and a solution to the problems faced by society, such as backward systems. (00:00:32) Young people, like university students, perceive and engage with Bitcoin differently from older generations. (00:07:27) The average university student is open-minded and curious about Bitcoin, but education and awareness are needed to clear misconceptions and provide resources. (00:10:30) How Bitcoin is perceived as politically neutral, and its potential political implications. (00:11:28) Bitcoin has led to a shift in perspective, with individuals taking matters into their own hands rather than relying on elected officials. (00:13:31) Insights into the skepticism and lack of understanding among economics professors regarding Bitcoin, plus the potential impact of Bitcoin on traditional economic theories. (00:21:45) Zac discusses how he approaches Bitcoin conversations with his peers, focusing on meeting people where they're at and addressing the global challenges they care about. (00:23:18) How Bitcoin can address the lack of optimism about the future by bringing about systemic change and creating a new monetary order. (00:26:11) The misconception that Bitcoin is bad for the environment and its ability to promote a sustainable energy revolution and mitigate emissions. (00:33:24) Bitcoin's potential to absorb value from inflated assets like real estate and stocks due to its superior store of value characteristics. (00:35:59) Zac's journey of getting involved in the Bitcoin industry through his passion for Bitcoin and writing, leading to his role in a Bitcoin company. (00:38:33) A simple explanation of multi-sig wallets, their enhanced security compared to single-signature wallets, and the concept of collaborative custody. (00:44:07) The Bitcoin club on campus and the importance of young people taking initiative in the Bitcoin space. (00:45:04) Highlighting the growth and opportunities in the Bitcoin industry for young people interested in finance, economics and technology. Episode Resources: Zac Guignard | Website Zac Guignard | Twitter

Jan 2, 202447 min

Ep 1313: Adam Soltys & Cole Goodwin ON: What Is The Lightning Network and How Can It Benefit YOU?

In this podcast episode, Scott chats with Adam Soltys & Cole Goodwin from Coinos, a Vancouver-based company. Adam and Cole discuss their mission to expand the use of Bitcoin and the Lightning Network to businesses globally. They share their individual journeys into Bitcoin and how they teamed up to help businesses accept Bitcoin payments. They discuss the benefits of Bitcoin, the functionality of the Lightning Network, and their strategy for convincing businesses to adopt Bitcoin. Adam is a software engineer who believes that the adoption of sound money will drive global prosperity. He lives in North Vancouver with his wife, daughter and son. Cole is a driven individual with a passion for freedom. He came across Bitcoin in 2016 and studied it in depth. Now he wants to introduce the Lightning Network to as many users as possible. What We Discuss: (00:00:27) Discussion about the Lightning Network, its benefits for businesses and its role in expanding Bitcoin adoption worldwide. (00:01:06) Scott's personal experience witnessing a Lightning transaction and the impact it had on his understanding of Bitcoin's innovation and potential. (00:02:20) Adam and Cole share their backgrounds, how they became involved with Coinos, and their goal of expanding the Lightning Network to businesses globally. (00:11:14) How Bitcoin operates on the blockchain and why it is trackable. (00:13:38) What is the Lightning Network? What is the Lightning Network's purpose in making Bitcoin faster and cheaper for transactions? (00:18:02) Adam and Cole discuss their transition from an early interest in Bitcoin to becoming leaders in Lightning Network adoption. (00:21:27) How they approach businesses, guaranteeing more sales by accepting bitcoin, and the steps involved in signing them up. (00:22:56) The setup process for businesses, including providing a QR code, a small printer, and integrating with existing systems like tablets or Shopify. (00:26:08) Common concerns from businesses, such as how to convert Bitcoin to fiat currency and the volatility of Bitcoin. (00:31:57) How the Lightning Network can convert businesses to accept Bitcoin and the potential benefits of avoiding inflation and taxation. (00:33:41) How a group in Brazil set up over 200 businesses with Bitcoin accounts and promoted the use of Bitcoin for everyday transactions. (00:36:50) Highlighting the active Bitcoin community in Vancouver, including regular meetups, events and efforts to promote Bitcoin adoption among merchants and consumers. (00:43:19) Resources for learning about the Lightning Network. (00:45:36) The benefits and process of running a Lightning Node, including taking control of Bitcoin payments and avoiding reliance on third-party payment providers. (00:49:04) The exponential growth of the Lightning Network, its ability to handle a high number of transactions per second and its potential to become as popular as Bitcoin itself. (00:52:43) The need for slow and steady growth of Bitcoin to scale and handle the potential influx of users. (00:53:37) The street videos that Cole is doing where he approaches strangers and asks them about Bitcoin. They discuss how the idea started and the entertaining nature of the videos. Episode Resources: Coinos | Website Coinos Wallet | Twitter

Dec 26, 20231h 1m

Ep 1212: Larry Lepard ON: Gold, Silver and Bitcoin as Sound Investments

In this episode of The Block Reward, host Scott speaks with Larry Lepard, a career investment manager who focuses on sound money and manages funds related to gold, silver and Bitcoin. They discuss the pros and cons of gold, silver and Bitcoin, the state of the global financial system, inflation and the need for sound investments to protect against currency debasement. Larry shares insights on the potential of a sovereign debt crisis, as well as his journey from being a venture capitalist to investing in monetary metals and Bitcoin. Larry founded Equity Management Associates, LLC (EMA) in 2006. EMA is an equity investment management firm that invests in growing private and public companies located around the world. Since 2008, EMA has focused on investing in companies that mine the monetary metals, gold and silver. Larry presently serves on the Board of Directors of two development-stage gold mining companies: Lavras Gold Corp. (Toronto/Brazil) and Rise Gold Corp. (California). He has been a frequent guest of many media outlets including Bloomberg Television for his expertise on the monetary metals market. Prior to founding EMA, he spent 13 years at Geocapital Partners (Geo) in Fort Lee, NJ. There, he was one of two Managing General Partners and was responsible for four venture capital funds, aggregating ~$500 million. At Geo, he invested and/or served on the boards of many successful deals including Autoweb, Jackson Hewitt, Netcom, and Realtor.com. Prior to Geo, Larry spent seven years at Summit Partners in Boston, MA and Newport Beach, CA, where he established Summit’s West Coast office. Larry was a General Partner in Summit I and Summit II and invested and/or served on the boards of Chips & Technologies and Software Spectrum, among other investments. Earlier in his career, Larry worked in the Mergers & Acquisitions Group of Smith Barney, Harris Upham & Co. What We Discuss: (00:01:10) What are the pros and cons of gold, silver and Bitcoin as they relate to each other? (00:08:39) The Keynesian economic system flaws, which prioritizes growth over efficiency and fails to address the importance of sound money and correct pricing. (00:09:30) A broken monetary system contributes to the mispricing of goods. (00:10:16) Past and present interest rates. (00:11:18) A collapse and default on debt, or print more money and face massive inflation? (00:18:52) History of currency debasement in various countries and the potential risk of the US dollar losing value. (00:20:34) Comparison of gold, silver and Bitcoin as alternative investments to protect against currency debasement. (00:26:52) Bitcoin's provable scarcity and the benefits and differences compared to monetary metals. (00:29:30) Bitcoin is unique in that it has a fixed supply. How is this different from monetary metals like gold, which respond to price changes? (00:35:48) The current stage of Bitcoin's adoption to the early days of the internet and the potential for rapid growth once it reaches a certain adoption rate. (00:37:06) The potential impact of Bitcoin ETF approval on the market, including the influx of institutional money and the need for easier access to Bitcoin for retail investors. (00:38:18) Bitcoin has a limited supply and that has the potential to impact the price when lost coins, long-term holders and the amount of tradable Bitcoin available for sale are taken into account. (00:39:44) Analysis of the current market cap of bitcoin compared to global financial assets, and the potential for significant price increases if even a small percentage of those assets were allocated to bitcoin. (00:45:15) The risk and potential gains of investing in Bitcoin. (00:47:03) The concept of holding Bitcoin without the intention of converting it back to fiat currency. (00:54:18) Understanding the severity of the current global financial system. (00:55:19) The broken state of the current financial system. Episode Resources: EMA | Website Larry Lepard | Twitter

Dec 19, 202359 min

11: James Lavish ON: How Bitcoin Can Protect You Against Inevitable Debt Burdens

In this episode of The Block Reward, host Scott interviews institutional investor James Lavish. They discuss the growing global debt crisis, the flaws in the current monetary system, and the potential of Bitcoin as a protective asset against currency debasement. James shares his journey into the Bitcoin space, highlighting its anti-inflationary nature and potential as a global reserve asset. He also discusses the economic situations in Japan and Argentina, the potential emergence of a competing currency, and the global implications of a troubled treasury market. The episode provides valuable insights into the world of Bitcoin and the future of global finance. James is co-Managing Partner of the Bitcoin Opportunity Fund, alongside David Foley. For the past 15 years, James was the Chief Operating Officer and Risk Manager of LKCM Alternative Management, LLC, a hybrid public and private equity hedge fund unit, investing in a wide range of industries and market capitalization of both public and private companies. Prior to joining LKCM, he was the co-founder and a managing partner of Ranger Arbitrage, a global risk arbitrage hedge fund. From 1998 to 2003, James was Head Arbitrage Trader and served as an officer on the compliance committee for Carlson Capital, a $4 billion global multi-strategy hedge fund. Earlier in his career, James worked in risk and ADR arbitrage for Citigroup and SG Warburg, where he began his career as a trader on the floor of the NYSE. James holds a BA in Political Science from Yale University and is a Chartered Financial Analyst. What We Discuss: (00:00:00) How the current monetary system operates, the expansion of money supply, and the impact on the value of the dollar. (00:01:20) The escalating piles of debt accumulated by governments worldwide, the problem of selling debt on the open market, and the potential devaluation of currency. (00:11:08) Worldwide debt is increasing. What is the impact on inflation, and what are the deficits created by borrowing? (00:13:46) Mandatory expenses of the US government, including entitlements, military expenses and interest on debt, as well as how they contribute to the deficit. (00:19:56) Three main choices to address the debt crisis: cutting spending, raising taxes, or issuing more debt, and the need for perpetual high rates of inflation as a solution. (00:22:33) How inflation reduces the value of government debt and the benefits it brings to governments. (00:23:30) How the US dollar became the global reserve asset and the importance of the international market for US treasuries. (00:25:44) The creation of BRICS and the concerns about the US dollar losing its status as the global reserve currency. (00:33:21) The economic situation in Japan, including their attempts to create inflation and the challenges they face with their massive debt. (00:35:18) How Japan has been artificially keeping their interest rates low and the impact it has on their bond market and currency exchange rates. (00:39:44) The bond vigilantes and their influence on interest rates, as well as the recent eye-opening and alarming treasury auction. (00:44:06) The hyperinflation of fiat currency, the potential reduction of fiat currencies, and the role of government debt in the monetary system. (00:44:59) The unsustainability of currency manipulation, the need for a trustworthy asset, and the optimism provided by Bitcoin as a protection against inflation. (00:46:53) Bitcoin's adoption in countries experiencing hyperinflation, its advantages over traditional assets like gold or silver, and the potential future adoption of Bitcoin as a global reserve asset. Episode Resources: James Lavish | Website James Lavish | Twitter Bitcoin Opportunity | Website

Dec 12, 202353 min

10: Knut Svanholm ON: Can Bitcoin Bring About A Paradigm Shift In Humanity?

In this episode of The Block Reward, Scott chats with Bitcoin author and speaker, Knut Svanholm. Knut describes Bitcoin as a system that is more expensive to cheat than follow, making it a superior form of money. He believes that Bitcoin's adoption will lead to hyperbitcoinization, where all other forms of money become obsolete. Knut also discusses the concept of Bitcoin being a community, the positive impact of Bitcoin on human development, and the challenges of introducing new people to Bitcoin. Knut’s books are best described as guided meditations that soothe the experienced and tutors the uninitiated in the ways of Bitcoin. Knut used to have a fiat life as a ship captain and now you may choose him as the captain of your Bitcoin space ark to navigate the stormy seas of fiat imposition and swells of cognitive dissonance. Grounded in logic and unbound in spirit, Knut offers something for everyone. "We have plenty of pessimism and outright nihilism in the Bitcoin scene and Knut, using his quick wit and humor, whips up a fresh gust of positivity and optimism to disperse the clouds of misery, letting the rays of infinite optionality, prosperity and love shine through." - Niko Laamanen, CEO of Konsensus Network What We Discuss: (00:05:17) Knut explains the concept of hyperbitcoinization, which refers to the idea that as people realize the advantages of Bitcoin, they will gradually adopt and use it as the superior form of money. This process will lead to the obsolescence of other types of money and a paradigm shift for humanity. He also discusses how Bitcoin can act as psychological armor against violence and promote peaceful interactions. (00:12:04) The adoption curve of successful technologies and how it applies to Bitcoin, with a comparison to the price curve. (00:13:03) How prices of goods and services have actually dropped over time due to technological advancements, but we don't see this reflected in the monetary system. (00:17:53) How Bitcoin is backed by human action rather than just energy, and how the decisions and actions of individuals contribute to the functioning of the Bitcoin network. (00:25:20) Bitcoin creates a collaborative community by incentivizing individuals to promote and help each other. (00:26:51) As more people adopt Bitcoin as a monetary system, it could lead to a society with less violence and more consensual interactions. (00:29:26) Knut compares the discovery of Bitcoin to the discovery of an element on the periodic table, highlighting its resistance to replication and its unique properties as a form of money. (00:36:56) Releasing the need to control Bitcoin, and instead observe its progress rather than dictate what should be done with it. (00:37:50) For all of the people who have been fooled by traditional notions of money, it is important to come into the Bitcoin conversation with an open mind. Episode Resources: Knut Svanholm | Website Knut Svanholm | Twitter The Freedom Footprint | Podcast

Dec 5, 202342 min

Ep 99: Michael Dunworth ON: Bitcoin Is Humanity's Greatest Invention

In this podcast episode, Scott interviews Michael Dunworth, Bitcoin enthusiast and Co-Founder and former CEO of Wyre Payments. Michael shares his insights on Bitcoin's potential to change our understanding of money, information and communication. He discusses the concept of proof of work and proof of stake, and compares Bitcoin's unchanging nature to its strength. Michael also talks about the concept of locking energy into the future, creating incentives for collaboration and securing the Bitcoin network. He reflects on the transformative power of Bitcoin and its potential to change the world. What We Discuss: (00:06:43) The flaws of the current fiat system and the benefits of Bitcoin in preserving value. (00:09:57) The value system of Bitcoin and the importance of not trying to impose personal values on it. (00:11:53) How predictability affects risk, and the importance of being certain when making decisions. (00:17:36) What are the two consensus mechanisms? Michael and Scott compare them and discuss which of the two is more sustainable and reliable. (00:21:48) How Bitcoin's unchanging nature is backed by the amount of energy going into the network. (00:25:37) Comparing Bitcoin to a monster that can't be stopped. (00:30:58) The importance of cryptographic security in determining whether information is real or fake. (00:35:46) The concept of Bitcoin as a time machine where each block represents a moment in time, and the potential of storing value in an indestructible material like Bitcoin. (00:41:46) Encouraging collaboration among Bitcoin miners by locking coins into the future. (00:52:10) Observations on how the whole world followed the same protocols and instructions during the pandemic. (01:01:44) The importance of taking pride in one's work and the value of persistence. (01:02:52) Reflection on humanity's consumption of resources, comparing it to a parasite-host relationship with the Earth. (01:08:14) Scott suggests that Bitcoin may be the catalyst for societal advancements and technologies that we currently cannot comprehend or benefit from. (01:16:03) How Bitcoin is changing the way people think and its inevitable impact on society. Episode Resources: Bitcoin Alive | Youtube Michael Dunworth | Twitter Bitcoin Is Time Traveling Energy | Bitcoin Magazine Article

Nov 28, 20231h 16m

Ep 88: Josh Friedeman ON: How to Integrate Bitcoin Into Your Business

In this podcast episode, Scott chats with Josh Friedeman and discusses the potential benefits of incorporating Bitcoin into businesses. They explore the concept of Bitcoin as a scarce and secure form of money, its potential as a tool to attract forward-thinking employees, and its use as a payment method to eliminate credit card fees. They also discuss Bitcoin's role as pristine collateral for loans, its potential as a balance sheet asset, and strategies for businesses to integrate Bitcoin. The conversation emphasizes the importance of understanding Bitcoin's potential in the current economic climate and its potential game-changing advantage for businesses. Josh Friedeman has been a Bitcoiner since 2021. While many have the misfortune of buying "altcoins" in hopes of making millions (only to find themselves holding the bags of insiders and institutions), Josh was fortunate enough to run across Bitcoin-only educators first. The more he learned, the more he wanted to contribute. He has hosted a podcast since 2019 (Life as Leadership). He knew the podcasting landscape, but there were already hundreds (thousands?) of Bitcoin-related podcasts out there. Josh wanted to add signal rather than noise. He noticed that few people were talking about how business owners were using Bitcoin. With that in mind, he launched The Business Bitcoinization Show, the first show (to Josh's knowledge) focused specifically on how to use Bitcoin for business growth. While his efforts increasingly focus on Bitcoin, Josh's day job consists of coaching and consulting business owners to help them grow their businesses - particularly in the areas of leaders, sales, and marketing. What We Discuss: (00:03:39) Meet Josh Friedeman, his Bitcoin podcast and business, and his personal journey of understanding Bitcoin. (00:08:19) Bitcoin as a scarce form of money that preserves purchasing power over time, highlighting its decentralization and security compared to fiat currencies. (00:11:33) Discussion on the scarcity of Bitcoin and its relevance in the current high inflation environment. (00:13:46) Explanation of ETFs and their significance in providing exposure to Bitcoin without the need to directly own and custody it. (00:23:38) The concept of fair money and the potential game-changing applications of Bitcoin for businesses. (00:27:16) The benefits and challenges involved in businesses offering Bitcoin as compensation to employees and accepting Bitcoin as payment from customers. (00:37:03) How Bitcoin can be used as collateral for loans, providing easy access to fiat currency without going through banks. (00:38:21) The potential for businesses to use Bitcoin as an asset on their balance sheets, comparing it to owning rare and valuable property. (00:43:43) Encouragement for business owners to consider becoming the first in their community to accept Bitcoin, highlighting the potential benefits for their business in the future. (00:47:09) Three strategies for businesses to incorporate Bitcoin, including mining, using companies that handle the technical details, and selling Bitcoin through a voucher system. (00:48:08) How businesses can offer discounts to incentivize customers to pay with Bitcoin and suggests using Bitcoin ATMs or voucher systems to make it easier for customers to acquire Bitcoin. (00:49:17) The importance of attending Bitcoin meetups to connect with potential customers and explore business opportunities within the Bitcoin community. Episode Resources: Business Bitcoinization | Website Business Bitcoinization | Podcast Josh Friedeman | Twitter

Nov 21, 202349 min