BlockRewards

Keynote from the 2024 Canadian Bitcoin Conference, Montreal Canada.

Welcome to The Block Reward, your go-to Bitcoin Podcast. We're dedicated to providing approachable Bitcoin content tailored for newcomers and enthusiasts alike. Subscribe and hit the bell icon to stay updated on our latest episodes! In this episode 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 investment The impact of Bitcoin mining on renewable energy grids Negative aspects of government-controlled digital currency Using Bitcoin for efficient monetary transactions Benefits of education on cryptocurrency fundamentals Timestamps: 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. Bitcoin is the most important incentive an employer can offer today. To learn more about how your company can start incorporating Bitcoin into compensation and rewards, visit www.blockrewards.ca Buy The Dao of Bitcoin here: https://www.amazon.com/dp/B0CXPJ28GV

Welcome to The Block Reward, your go-to Bitcoin Podcast. We're dedicated to providing approachable Bitcoin content tailored for newcomers and enthusiasts alike. Subscribe and hit the bell icon to stay updated on our latest episodes! 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 Appleberg (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 systems Role of Bitcoin in global energy innovations The Kardashev scale and civilization energy control The psychedelic effect of Bitcoin Timestamps: 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. Bitcoin is the most important incentive an employer can offer today. To learn more about how your company can start incorporating Bitcoin into compensation and rewards, visit www.blockrewards.ca Buy The Dao of Bitcoin here: https://www.amazon.com/dp/B0CXPJ28GV

Welcome to The Block Reward, your go-to Bitcoin Podcast. We're dedicated to providing approachable Bitcoin content tailored for newcomers and enthusiasts alike. Subscribe and hit the bell icon to stay updated on our latest episodes! In this enlightening episode host Scott Dedels and Bitcoin News Cofounder 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 schemes Reliability of Bitcoin News for accurate information The viability and risks of NFTs on the Bitcoin blockchain Bitcoin and Ethereum's differences and the Ponzi scheme label Ordinals and inscriptions' impact on Bitcoin’s network and fees Timestamps: 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. Bitcoin is the most important incentive an employer can offer today. To learn more about how your company can start incorporating Bitcoin into compensation and rewards, visit www.blockrewards.ca Buy The Dao of Bitcoin here: https://www.amazon.com/dp/B0CXPJ28GV

Welcome to The Block Reward, your go-to Bitcoin Podcast. We're dedicated to providing approachable Bitcoin content tailored for newcomers and enthusiasts alike. Subscribe and hit the bell icon to stay updated on our latest episodes! 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 Dao of Bitcoin here: https://www.amazon.com/dp/B0CXPJ28GV Key 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. Bitcoin is the most important incentive an employer can offer today. To learn more about how your company can start incorporating Bitcoin into compensation and rewards, visit www.blockrewards.ca

Welcome to The Block Reward, your go-to Bitcoin Podcast. We're dedicated to providing approachable Bitcoin content tailored for newcomers and enthusiasts alike. Subscribe and hit the bell icon to stay updated on our latest episodes! In this 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. 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 compensation Bitcoin's potential to revolutionize finance The challenges of Bitcoin's acceptance in traditional institutions Asset allocation including Bitcoin in portfolios Predicting Bitcoin's value and market dynamics Timestamps: 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. Bitcoin is the most important incentive an employer can offer today. To learn more about how your company can start incorporating Bitcoin into compensation and rewards, visit www.blockrewards.ca

Welcome to The Block Reward, your go-to Bitcoin Podcast. We're dedicated to providing approachable Bitcoin content tailored for newcomers and enthusiasts alike. Subscribe and hit the bell icon to stay updated on our latest episodes! In this captivating episode 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 traveling the world living on a Bitcoin standard. Key Topics Discussed: Bitcoin adoption and price projections Traditional currency dissatisfaction and alternatives Exponential adoption patterns of Bitcoin The Bitcoin multiplier effect and its impact on the market Generational wealth potential of Bitcoin Timestamps: 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. Bitcoin is the most important incentive an employer can offer today. To learn more about how your company can start incorporating Bitcoin into compensation and rewards, visit www.blockrewards.ca

Welcome to The Block Reward, your go-to Bitcoin Podcast. We're dedicated to providing approachable Bitcoin content tailored for newcomers and enthusiasts alike. Subscribe and hit the bell icon to stay updated on our latest episodes! This week we are joined by 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 industry Bitcoin mining's energy consumption debate Evolution of environmentalism and energy policy Future of Bitcoin and Dollar Coexistence The impact of Exchange-Traded Funds on Bitcoin access Timestamps: 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.

Welcome to The Block Reward, your go-to Bitcoin Podcast. We're dedicated to providing approachable Bitcoin content tailored for newcomers and enthusiasts alike. Subscribe and hit the bell icon to stay updated on our latest episodes! 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 surveillance Decentralization's importance in technology Bitcoin's historical and technological roots AI integration with Bitcoin's economy Bitcoin versus traditional asset classes Timestamps: 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. Bitcoin is the most important incentive an employer can offer today. Visit www.blockrewards.ca to find out more.

Welcome to The Block Reward, your go-to Bitcoin Podcast. We're dedicated to providing approachable Bitcoin content tailored for newcomers and enthusiasts alike. Subscribe and hit the bell icon to stay updated on our latest episodes! Step into the future of finance with Ben Perrin from BTC Sessions. 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 Market Education for Bitcoin beginners Bitcoin in compensation and benefits Bitcoin's role in future finances Fiat currency devaluation and inflation issues Timestamps: 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. Bitcoin is the most important incentive an employer can offer today. To learn more about how your company can start incorporating Bitcoin into compensation and rewards, visit www.blockrewards.ca

Welcome to The Block Reward, your go-to Bitcoin Podcast. We're dedicated to providing approachable Bitcoin content tailored for newcomers and enthusiasts alike. Subscribe and hit the bell icon to stay updated on our latest episodes! This week 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 technology Bitcoin's decentralized ledger system Transitioning to a Bitcoin-enabled economic system Bitcoin vs. other cryptocurrencies' and their security AI's potential controlled through Bitcoin Timestamps: 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 Bitcoin 39:08 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 | Website Jeff Booth | Website Finding Signal In A Noisy World | LinkedIn Bitcoin is the most important incentive an employer can offer today. To learn more about how your company can start incorporating Bitcoin into compensation and rewards, visit www.blockrewards.ca

Welcome to the Block Reward Podcast, your go-to source for delving into the world of Bitcoin! 🚀 Our mission is to simplify Bitcoin for beginners through engaging conversations with subject matter experts. Tune in every Tuesday for fresh insights and knowledge. Don't forget to hit the like button, subscribe, and turn on notifications to stay updated on our latest episodes! 🎙️ Find Scott on X @lanternbitcoin #bitcoinforbeginners #bitcoin #bitcoinpodcast This week we are diving into all the reasons Bitcoiners are excited about 2024. Sam Callahan 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 in this can't-miss conversation. 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 irresponsibility Bitcoin Halving’s impact on mining ETF's (Exchange-Traded Fund's) influence on Bitcoin's market dynamics Philosophical implications of Crypto regulations FASB (Financial Accounting Standards Board) rule changes and corporate Bitcoin adoption Timestamps: 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. Bitcoin is the most important incentive an employer can offer today. To learn more about how your company can start incorporating Bitcoin into compensation and rewards, visit www.blockrewards.ca

Welcome to the Block Reward Podcast, your go-to source for delving into the world of Bitcoin! 🚀 Our mission is to simplify Bitcoin for beginners through engaging conversations with subject matter experts. Tune in every Tuesday for fresh insights and knowledge. Don't forget to hit the like button, subscribe, and turn on notifications to stay updated on our latest episodes! 🎙️ Find Scott on X @lanternbitcoin #bitcoinforbeginners #bitcoin #bitcoinpodcast 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 outcomes Current economic conditions and the diminishing purchasing power Bitcoin's usefulness in reducing out-of-pocket prescription costs Inflated drug costs due to middlemen and complex money distribution, as well as the potential to reduce costs in industries like travel by eliminating middleman commissions The lifecycle of drug pricing changes and impact on consumers Industry pressure on pharmaceutical companies to raise drug prices Influence of the inflation reduction act on drug pricing and rebates Pricing discrepancies for medications across countries Impact of inflated drug costs on US versus other countries Broken money system and its influence on healthcare sustainability Timestamps: 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 | Website NiHowdy | YouTube Dr. James Wong | LinkedIn Keywords Bitcoin standard, healthcare affordability, drug rebates, monetary policy, public health, financial crises, seed oils, healthcare costs, healthcare inefficiencies, healthcare monopolies, prescription savings card, Blockrewards, employee benefits, Bitcoin lightning network, transaction fees, middleman industry, drug pricing disparities, inflation reduction, hyperinflation, Orange Pill Club podcast, Nehaudy startup, pet prescriptions, travel industry, pharmaceutical companies, shareholder value, free market intervention, grocery price fixing, food inflation, deflationary currency, treatment vs. cure incentives. Bitcoin is the most important incentive an employer can offer today. To learn more about how your company can start incorporating Bitcoin into compensation and rewards, visit www.blockrewards.ca

Welcome to the Block Reward Podcast, your go-to source for delving into the world of Bitcoin! 🚀 Our mission is to simplify Bitcoin for beginners through engaging conversations with subject matter experts. Tune in every Tuesday for fresh insights and knowledge. Don't forget to hit the like button, subscribe, and turn on notifications to stay updated on our latest episodes! 🎙️ Find Scott on X @lanternbitcoin #bitcoinforbeginners #bitcoin #bitcoinpodcast Step into the world of Bitcoin with Julian Figueroa, a content maven turning heads with his unique twist on Bitcoin 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 well 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 Strategies Julian’s Approach to Bitcoin Content Creation Julian's Videography and his Creative Process Julian’s Personal Bitcoin Adoption and Lifestyle Technical Aspects and Tools for Bitcoin Transactions Sociocultural Perspective on Bitcoin Adoption Global Bitcoin Documentary Projects Timestamps: 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. Bitcoin is the most important incentive an employer can offer today. To learn more about how your company can start incorporating bitcoin into compensation and rewards, visit www.blockrewards.ca

Welcome to the Block Reward Podcast, your go-to source for delving into the world of Bitcoin! 🚀 Our mission is to simplify Bitcoin for beginners through engaging conversations with subject matter experts. Tune in every Tuesday for fresh insights and knowledge. Don't forget to hit the like button, subscribe, and turn on notifications to stay updated on our latest episodes! 🎙️ Find Scott on X @lanternbitcoin #bitcoinforbeginners #bitcoin #bitcoinpodcast 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 Mining Monetizing Energy: From Natural Gas to Bitcoin The Power of Bitcoin in Energy Efficiency and Poverty Reduction Turning Stranded Energy into Bitcoin Gold Reimagining Energy Economics: Bitcoin Mining's Potential From Excess Gas to Bitcoin Cash Timestamps: 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. Bitcoin is the most important incentive an employer can offer today. To learn more about how your company can start incorporating bitcoin into compensation and rewards, visit www.blockrewards.ca

Welcome to the Block Reward Podcast, your go-to source for delving into the world of Bitcoin! 🚀 Our mission is to simplify Bitcoin for beginners through engaging conversations with subject matter experts. Tune in every Tuesday for fresh insights and knowledge. Don't forget to hit the like button, subscribe, and turn on notifications to stay updated on our latest episodes! 🎙️ Find Scott on twitter @lanternbitcoin #bitcoinforbeginners #bitcoin #bitcoinpodcast 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. www.onefund.io Topics Discussed: Bitcoin ETFs and the S&P 500 Collaboration Making Bitcoin-Like Returns Accessible Bitcoin's Place on Wall Street Understanding Exchange Traded Funds (ETFs) Bitcoin Investment Strategy via ETFs Futuristic Outlook on Bitcoin ETFs The Regulatory Landscape and Future of Bitcoin ETFs The Significance of ETFs and Index Funds Bitcoin's Market Implications and Hyperbitcoinization Challenges in Bitcoin Ownership and Investment Benefits 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. Bitcoin is the most important incentive an employer can offer today. To learn more about how your company can start incorporating bitcoin into compensation and rewards, visit www.blockrewards.ca

Welcome to the Block Reward Podcast, your go-to source for delving into the world of Bitcoin! 🚀 Our mission is to simplify Bitcoin for beginners through engaging conversations with subject matter experts. Tune in every Tuesday for fresh insights and knowledge. Don't forget to hit the like button, subscribe, and turn on notifications to stay updated on our latest episodes! 🎙️ Find Scott on twitter @lanternbitcoin #bitcoinforbeginners #bitcoin #bitcoinpodcast 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. Bitcoin is the most important incentive an employer can offer today. To learn more about how your company can start incorporating bitcoin into compensation and rewards, visit www.blockrewards.ca

Welcome to the Block Reward Podcast, your go-to source for delving into the world of Bitcoin! 🚀 Our mission is to simplify Bitcoin for beginners through engaging conversations with subject matter experts. Tune in every Tuesday for fresh insights and knowledge. Don't forget to hit the like button, subscribe, and turn on notifications to stay updated on our latest episodes! 🎙️ Find Scott on twitter @lanternbitcoin #bitcoinforbeginners #bitcoin #bitcoinpodcast 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. Bitcoin is the most important incentive an employer can offer today. To learn more about how your company can start incorporating bitcoin into compensation and rewards, visit www.blockrewards.ca

Welcome to the Block Reward Podcast, your go-to source for delving into the world of Bitcoin! 🚀 Our mission is to simplify Bitcoin for beginners through engaging conversations with subject matter experts. Tune in every Tuesday for fresh insights and knowledge. Don't forget to hit the like button, subscribe, and turn on notifications to stay updated on our latest episodes! 🎙️ Find Scott on twitter @lanternbitcoin #bitcoinforbeginners #bitcoin #bitcoinpodcast 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. Bitcoin is the most important incentive an employer can offer today. To learn more about how your company can start incorporating bitcoin into compensation and rewards, visit www.blockrewards.ca

Welcome to the Block Reward Podcast, your go-to source for delving into the world of Bitcoin! 🚀 Our mission is to simplify Bitcoin for beginners through engaging conversations with subject matter experts. Tune in every Tuesday for fresh insights and knowledge. Don't forget to hit the like button, subscribe, and turn on notifications to stay updated on our latest episodes! 🎙️ Find Scott on twitter @lanternbitcoin #bitcoinforbeginners #bitcoin #bitcoinpodcast 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. Bitcoin is the most important incentive an employer can offer today. To learn more about how your company can start incorporating bitcoin into compensation and rewards, visit www.blockrewards.ca

Welcome to the Block Reward Podcast, your go-to source for delving into the world of Bitcoin! 🚀 Our mission is to simplify Bitcoin for beginners through engaging conversations with subject matter experts. Tune in every Tuesday for fresh insights and knowledge. Don't forget to hit the like button, subscribe, and turn on notifications to stay updated on our latest episodes! 🎙️ Find Scott on twitter @lanternbitcoin #bitcoinforbeginners #bitcoin #bitcoinpodcast 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. Bitcoin is the most important incentive an employer can offer today. To learn more about how your company can start incorporating bitcoin into compensation and rewards, visit www.blockrewards.ca

Welcome to the Block Reward Podcast, your go-to source for delving into the world of Bitcoin! 🚀 Our mission is to simplify Bitcoin for beginners through engaging conversations with subject matter experts. Tune in every Tuesday for fresh insights and knowledge. Don't forget to hit the like button, subscribe, and turn on notifications to stay updated on our latest episodes! 🎙️ Find Scott on twitter @lanternbitcoin #bitcoinforbeginners #bitcoin #bitcoinpodcast 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. Are you a Canadian employer thinking about bitcoin as a tool for recruitment and retention? Visit www.blockrewards.ca to learn how we are helping companies reimagine their compensation and rewards strategies using the hardest money that has ever existed.

Welcome to the Block Reward Podcast, your go-to source for delving into the world of Bitcoin! 🚀 Our mission is to simplify Bitcoin for beginners through engaging conversations with subject matter experts. Tune in every Tuesday for fresh insights and knowledge. Don't forget to hit the like button, subscribe, and turn on notifications to stay updated on our latest episodes! 🎙️ Find Scott on twitter @lanternbitcoin #bitcoinforbeginners #bitcoin #bitcoinpodcast In the second half of this episode of The Block Reward, host Scott speaks with Larry Lepard, about the risk accumulating in the global financial system and gets Larry's thoughts on outcome scenarios as this Fourth Turning comes to a climax. 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. Are you a Canadian employer thinking about bitcoin as a tool for recruitment and retention? Visit www.blockrewards.ca to learn how we are helping companies reimagine their compensation and rewards strategies using the hardest money that has ever existed. The aim of the Block Reward Podcast is to help people learn about bitcoin by engaging subject matter experts in beginner conversations. Join us every Tuesday for a new episode.

Welcome to the Block Reward Podcast, your go-to source for delving into the world of Bitcoin! 🚀 Our mission is to simplify Bitcoin for beginners through engaging conversations with subject matter experts. Tune in every Tuesday for fresh insights and knowledge. Don't forget to hit the like button, subscribe, and turn on notifications to stay updated on our latest episodes! 🎙️ Find Scott on twitter @lanternbitcoin #bitcoinforbeginners #bitcoin #bitcoinpodcast 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) Comparison of interest rates in the past and present, and the challenges of implementing high interest rates in the current market conditions. (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. (00:27:59) Larry discusses the argument made by Bitcoiners against gold and explains the process of gold mining and its limitations. (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. (00:36:31) Increasing the adoption of Bitcoin and its potential price appreciation due to a large number of new buyers entering the market. (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. Are you a Canadian employer thinking about bitcoin as a tool for recruitment and retention? Visit www.blockrewards.ca to learn how we are helping companies reimagine their compensation and rewards strategies using the hardest money that has ever existed. The aim of the Block Reward Podcast is to help people learn about bitcoin by engaging subject matter experts in beginner conversations. Join us every Tuesday for a new episode.

Welcome to the Block Reward Podcast, your go-to source for delving into the world of Bitcoin! 🚀 Our mission is to simplify Bitcoin for beginners through engaging conversations with subject matter experts. Tune in every Tuesday for fresh insights and knowledge. Don't forget to hit the like button, subscribe, and turn on notifications to stay updated on our latest episodes! 🎙️ Find Scott on twitter @lanternbitcoin #bitcoinforbeginners #bitcoin #bitcoinpodcast 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. Are you a Canadian employer thinking about bitcoin as a tool for recruitment and retention? Visit www.blockrewards.ca to learn how we are helping companies reimagine their compensation and rewards strategies using the hardest money that has ever existed. The aim of the Block Reward Podcast is to help people learn about bitcoin by engaging subject matter experts in beginner conversations. Join us every Tuesday for a new episode.