The Block Reward | Bitcoin For Beginners

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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.

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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...

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...

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...

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.

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.

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...

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.

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 Bi...

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...

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.

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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...

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.

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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...

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...

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.

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...

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 th...

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!

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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 Bitcoi...

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 th...

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...

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...