BANKERS DON’T UNDERSTAND BITCOIN (YET) - Jesse Berger - BFM035
Bitcoin Bram Bitcoin Bram
5.09K subscribers
1,723 views
0

 Published On Apr 2, 2024

🔔 Subscribe and turn on notifications to never miss an upcoming episode of #Bitcoin for Millennials, and follow me on   / bramk⚡️  

Listen to Bitcoin for Millennials on your favorite podcasting app 📡
https://links.bitcoinformillennials.com

Jesse Berger is the author of Magic Internet Money: A Book About Bitcoin, which he self-published in 2020. He previously spent over a decade working with large financial institutions in Canada as a banker, investment advisor, and market research consultant, where he observed first-hand the perils of central banking and fiat currency. Today, he is an independent consultant based in Toronto focused on Bitcoin adoption and education.

→ Follow Jesse on   / jayberjay  
→ Jesse’s book on Amazon: https://www.amazon.com/Magic-Internet...

3 Takeaways 💡
- Understanding Bitcoin requires questioning existing beliefs and taking personal responsibility for one's finances.
- Bitcoin is a better form of money that promotes long-term thinking and incentivizes individuals to create enduring and meaningful things.
- The most critical aspect of money that people need to reconsider is who controls and dictates money. Bitcoin offers a fair, transparent, and programmable alternative to the current system.

Timestamps 🕑
00:00 - Introduction and Background
01:57 - Questioning the Fiat Money System
02:55 - Exploring the Rabbit Hole of Money
05:22 - Working in Traditional Finance
07:00 - Realizing the Flaws in the Financial System
08:08 - Transitioning to Bitcoin
08:58 - Missed Opportunity in 2010
10:57 - Rediscovering Bitcoin in 2017
13:11 - Understanding the Benefits of Bitcoin
15:35 - Challenges in Recognizing the Flaws of Fiat Money
20:45 - Overcoming Trust and Self-Doubt
24:49 - Inspiration to Write a Book
30:13 - Explaining the Concept of Money
35:16 - Creating a Mindset Shift
44:20 - The Need for Transparent and Fair Money
45:20 - Following Rules Instead of Rulers
46:42 - Bitcoin's Gravity and Attracting Value
48:36 - Challenges in Explaining Bitcoin in Plain Language
50:21 - The Misconception of Bitcoin's Complexity
56:26 - The Importance of Time in Bitcoin
59:31 - The Future with Bitcoin
01:04:29 - The Core Belief of Personal Empowerment

Questions or comments? → [email protected]

#Finance #Economics #Fiat #BTC not #Crypto #BitcoinETF #ETF #Scarcity

show more

Share/Embed