John: Bitcoin is the new money standard - BFM046 from Bitcoin for Millennials

John: Bitcoin is the new money standard - BFM046

1 hour 14 minutes Posted May 14, 2024 at 11:00 am.

Introduction and Background

Encountering Bitcoin and Overcoming Biases

Bitcoin's Second-Order Effects and Colleague Adoption

Bitcoin's Unique Characteristics: Scarcity and Neutrality

Bitcoin's Future Role in Money

Bitcoin as a Base Layer for Final Settlement

Absolute Scarcity and Importance of Understanding Money

Less Discussed Bitcoin Characteristics

Neutrality and Financial Inclusivity of Bitcoin

Impact on Self-Sovereignty and Personal Agency

Flaws of Fiat Money

Bitcoin as a Medium of Exchange

Bitcoin as a Treasury Reserve Asset

Shifting of Monetary Energy

First Principles Thinking

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John (aka @LastCoinStandng) is an avid Bitcoiner and educator focused on Bitcoin's second-order effects. He's a former Product Management Leader at Mastercard with 20 years of experience in consumer internet and financial services. He writes extensively on Bitcoin, particularly exploring how loyalty and merchant offers can drive Bitcoin's use as a medium of exchange. He has a strong background in user research, metrics, and business strategy, and is an advisor to Satsback, a European Bitcoin rewards company.

→ Follow John on https://x.com/LastCoinStandng

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