The Block Reward | Bitcoin For Beginners

Scott Dedels

Welcome to The Block Reward the podcast that makes understanding Bitcoin easy for everyone, regardless of expertise. Join us on a trip down the rabbit hole of sound money, where we break down complex concepts into accessible discussions. Our goal is to create easy to understand bitcoin conversations that resonate with all listeners, by bringing in subject matter experts to have introductory level conversations. Stay up-to-date with the latest trends and learn about the potential of this groundbreaking technology. Subscribe to The Block Reward now and unlock the secrets of the digital currency revolution. Visit our website www.blockrewards.ca for more info. read less
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Episodes

65: Brad Mills ON: The Gift of Bitcoin
2d ago
65: Brad Mills ON: The Gift of Bitcoin
Brad Mills is a Canadian Bitcoin advocate, angel investor, and entrepreneur.In this episode, you’re going to learn why Brad believes Bitcoin is inevitable and how he shifted his mindset to prepare for its long-term growth. You’ll also learn the biggest mistakes he made during previous Bitcoin cycles and what he wishes he’d done differently, how borrowing against Bitcoin can solve lifestyle funding challenges without selling it, why understanding Bitcoin as a savings technology can help protect wealth, and how Bitcoin’s network effect continues to grow without constant defence from its advocates.Brad Mills is a lifelong entrepreneur, with a focus on product development & marketing. Involved with Bitcoin since 2011 as a miner, entrepreneur & investor, Brad is a Value Maximalist at his core.Timestamps:[02:18] Bitcoin taught Brad to save like Scrooge  [02:56] The realization of Bitcoin’s inevitability  [03:51] Common fears in the early days of Bitcoin  [06:13] Why the Bitcoin education battle will last decades  [07:03] Lessons learned about selling Bitcoin too soon  [08:11] The entrepreneurial mindset in Bitcoin  [10:15] Why Brad regrets selling Bitcoin to pay a mortgage  [12:11] How to solve lifestyle problems without selling Bitcoin  [13:39] Bitcoin as a global reserve asset  [14:28] Why early Bitcoiners start selling at psychological price levels  [17:28] How wealth confiscation led Tony Yazbeck to Bitcoin  [19:05] Why Bitcoin is growing without constant defence  [24:45] The role of Bitcoin as a productive protest  [27:06] Scott’s story of losing money in Terra Luna  [30:18] Bitcoin technology solving real problems  [32:52] Why non-custodial Bitcoin lending is the future  [34:28] Sell pressure from early Bitcoin holders  [36:23] How borrowing against Bitcoin reduces sell pressure  [38:43] Supporting Bitcoin-only companies solving lending issues  [40:35] Why Brad believes Bitcoin will reach $1 million  [41:19] Learning from mistakes strengthens Bitcoin's conviction  [44:19] Why launching altcoins was once experimental  [45:18] Understanding how entrepreneurs approach Bitcoin  [46:31] How reframing Bitcoin changes perspectives  [47:46] The appeal of Bitcoin mining in the early days  [48:02] What new Bitcoiners should focus on  [49:00] Bitcoin as a savings technology for entrepreneurs   [52:35] Why entrepreneurs need to rethink Bitcoin  If you want to stay in touch with Brad, follow him on X.  To learn more about his work, visit his Website.Resources Mentioned:The Block Reward, Episode 24 with Jeff Booth on Why Deflation is the Key to Abundance | Spotify or AppleThe Block Reward, Episode 52 with Tony Yazbeck on The Banks Don't Have Your Money | Spotify or AppleBitcoin Beach | WebsiteFind More From Scott:Scott Dedels | XBlock Rewards | InstagramBlock Rewards | YouTubeBlock Rewards | TikTokBlock Rewards | WebsiteBlock Rewards | LinkedIn
64: Emma Apatu ON: Fixing Public Services with Sound Money
17-12-2024
64: Emma Apatu ON: Fixing Public Services with Sound Money
Dr. Emma Apatu is an associate professor at McMaster University specializing in the social determinants of health and the founder of Dream Grad Academy, an educational platform about Bitcoin.In this episode, you're going to learn how fiat money systems influence government incentives and public service effectiveness, why Bitcoin can address socioeconomic inequalities and empower communities, the potential role of Bitcoin in decentralizing healthcare systems, how Bitcoin is being adopted in countries with broken financial systems, and strategies for introducing Bitcoin concepts in academic and professional settings.Emma Apatu is the founder of Dream Grad Academy, an innovative educational platform where she collaborates with Bitcoin Mentor to provide comprehensive guidance to newcomers in the Bitcoin space, helping them navigate their learning journey. As a professor at McMaster University, she has developed a unique perspective on the intersection of public health and emerging technologies. Her interdisciplinary research and experience has led her to identify Bitcoin as a powerful catalyst for individual sovereignty and systemic transformation in health and social systems. Her most recent work, 'Bitcoin & Public Health: Addressing the Debt-Money Crisis,' published in Bitcoin Magazine, explores these critical connections.Timestamps:[05:15] How Bitcoin relates to public health[08:30] The socioeconomic impact of broken money systems[11:22] How Bitcoin empowers individuals in healthcare[14:05] Community-level benefits of Bitcoin adoption[17:40] Canadian healthcare funding challenges[21:10] The importance of decentralizing health systems[23:45] Impact of inflation on healthcare resources[26:30] How broken money affects global healthcare systems[29:55] Africa’s challenges with centralized financial systems[33:20] How Bitcoin can solve trade barriers in developing nations[36:05] Why deflation isn’t necessarily bad[38:30] How Bitcoin is gaining momentum globallyLearn more about Bitcoin Mentor on their website.Follow the Dream Grad Academy on Instagram and visit their website.Resources Mentioned:The Price of Tomorrow by Jeff Booth | Book or AudiobookWTF Happened in 1971? | WebsiteDream Grad Academy | WebsiteFind More From Scott:Scott Dedels | XBlock Rewards | InstagramBlock Rewards | YouTubeBlock Rewards | TikTokBlock Rewards | WebsiteBlock Rewards | LinkedIn
63: Samson Mow ON: $1,000,000 BTC in 2025
10-12-2024
63: Samson Mow ON: $1,000,000 BTC in 2025
Samson Mow is the CEO of JAN3 and a prominent advocate for Bitcoin adoption.In this episode, you're going to learn why Samson believes Bitcoin adoption is accelerating faster than anticipated, the potential for Bitcoin to surpass $1 million per coin, why fiat currencies are fundamentally flawed and might fail, the importance of personal Bitcoin custody and strategies for safeguarding it, and why the next big step in global Bitcoin adoption could come from governments and major corporations.Samson Mow is currently the CEO of Pixelmatic, the development studio behind Infinite Fleet, as well as the CEO of JAN3, a new Bitcoin technology company with a mission to accelerate hyperbitcoinization. Samson is known for his work on El Salvador's Bitcoin strategy, and nation-state Bitcoin adoption in general.Samson was previously the CSO at Blockstream, a leading provider of Bitcoin infrastructure. Before joining Blockstream, Samson was the COO of BTCC, one of the largest Bitcoin exchanges and mining pools in the world. At BTCC, Samson oversaw the day-to-day operations of the company and directly managed the exchange and mining pool business units.Timestamps:[03:50] Is Bitcoin ahead or behind schedule?[07:10] Adoption and price acceleration explained[08:27] Predicting Bitcoin's exponential growth[09:50] Thoughts on long-term price targets[12:27] Will Bitcoin coexist with fiat currencies?[15:12] Why Bitcoin is a perfect monetary system[17:02] Challenges in convincing governments to adopt Bitcoin[18:50] Strategic reserves and the role of ETFs[20:59] Global competition to accumulate Bitcoin[22:29] Institutional Bitcoin vs free Bitcoin[23:51] Could companies evolve into nation-states?[24:50] Why countries rejecting bitcoin may fail[26:24] Hidden Bitcoin mining by governments[28:11] Potential outcomes for BRICS currencies[30:32] US advantage with Bitcoin holdings[31:42] Importance of personal Bitcoin custody[34:31] Legislative changes needed for Bitcoin security[36:12] Multisig systems as a Bitcoin custody solution[37:23] The omega candle concept[38:25] Lessons from weaker fiat currencies[40:02] Goals for onboarding the next billion Bitcoin usersFollow Samson on XResources Mentioned:Michael Saylor Introduces Bitcoin24 | ArticleJAN3 | WebsiteFind More From Scott:Scott Dedels | XBlock Rewards | InstagramBlock Rewards | YouTubeBlock Rewards | TikTokBlock Rewards | WebsiteBlock Rewards | LinkedIn
62: Ryan Macleod ON: The Synergy Of Bitcoin Mining and Nuclear Power
03-12-2024
62: Ryan Macleod ON: The Synergy Of Bitcoin Mining and Nuclear Power
Ryan MacLeod is a nuclear industry professional and Bitcoin enthusiast operating under the handle "Nuclear Bitcoiner."In this episode, you're going to learn how nuclear power can address energy needs for bitcoin mining, why combining bitcoin mining with nuclear energy is beneficial for power grids, the challenges and opportunities of integrating nuclear and bitcoin technologies, what countries like Canada and China are doing with nuclear development, and how bitcoin mining is transforming waste energy into value across industries.Ryan MacLeod is an experienced Laboratory Technologist at Canadian Nuclear Laboratories, specializing in analytical and process chemistry. A graduate of Cambrian College, he oversees gas analysis mass spectroscopy facilities focused on reactor safety and materials research.In 2021, Ryan led a team that won the North American Young Generation in Nuclear - Innovation 4 Nuclear contest with a proposal to integrate Proof-of-Work Digital Asset Mining into Canada’s Small Modular Reactor Action Plan. He has since developed expertise in monetary systems and electrical infrastructure.Ryan aims to deepen his understanding of electrical systems to support the deployment of Small Modular Reactors (SMRs) and build Proof-of-Work infrastructure in Canada and beyond, positioning himself at the intersection of nuclear energy and digital technology. Timestamps:[04:14] How nuclear power complements bitcoin mining.  [05:52] The current state of nuclear power and its public perception.  [07:47] Challenges faced by the nuclear industry.  [08:26] Why nuclear power is the densest energy source.  [10:48] Challenges of overbuilding power grids.  [11:58] How nuclear power supports baseload generation.  [13:14] Synergy between Bitcoin mining and nuclear power.  [15:42] Bitcoin miners monetizing underused hydroelectric power.  [16:21] Using Bitcoin miners for district heating projects.  [18:55] How Bitcoin enables global energy monetization.  [19:44] Turning agricultural waste into Bitcoin.  [21:05] BRICS nations building hash rate to challenge SWIFT.  [23:33] Long-term impacts of bureaucracy on nuclear projects.  [24:31] How fiat money impacts nuclear project financing.  [26:18] Positive outcomes of Canada’s reactor refurbishments.  [27:13] Small modular reactors and their applications.  [28:12] The potential for using weapons-grade uranium as fuel.  [30:41] How incentives impact nuclear and bitcoin game theory.  [33:03] Growth of bitcoin hash rate and future predictions.  [35:17] Why AI’s energy needs intersect with Bitcoin and nuclear.  [36:59] Challenges of data centers using nuclear energy off-grid.  [38:53] How Bitcoin miners participate in grid stabilization.  [40:13] Conflict between Bitcoin miners and peaker plants.  [42:10] Changing behaviours with Bitcoin’s monetary system.  [44:44] Comparing fiat systems to Bitcoin’s efficiency.  Check out Ryan’s X and LinkedIn.Resources Mentioned:BTC Sessions by Ben Perrin | Spotify or Apple PodcastsMr. Obnoxious by Peter McCormack | Spotify or Apple PodcastsMax Keiser | XJason Lowery | XFind More From Scott:Scott Dedels | XBlock Rewards | InstagramBlock Rewards | YouTubeBlock Rewards | TikTokBlock Rewards | WebsiteBlock Rewards | LinkedIn
61: Cory Timmons ON: The Social Layer of Bitcoin
26-11-2024
61: Cory Timmons ON: The Social Layer of Bitcoin
In this episode, you'll learn why meeting fellow Bitcoin enthusiasts in person can deepen your understanding of the technology and strengthen your commitment to it. You’ll also learn the importance of creating local meetups to foster community connections, how attending Bitcoin conferences and meetups can be less intimidating than you think, why Canada has a strong Bitcoin culture despite its size, and how beginners can get started with Bitcoin.Cory Timmons is an economist, Bitcoiner and the host of the Ottawa Bitcoin meetup group.Timestamps:[03:36] How Cory got into Bitcoin  [04:25] Discovering Bitcoin during the pandemic  [05:31] The importance of truth in Bitcoin  [06:08] Realizing Bitcoin is more than digital gold  [06:52] Why Bitcoin meetups matter  [07:30] The impact of attending meetups in Montreal  [08:24] How the Ottawa meetup started  [09:10] Why in-person Bitcoin conversations are crucial  [09:38] First impressions of Bitcoin conferences  [10:20] How conferences differ from meetups  [10:55] Understanding the social aspect of Bitcoin  [11:38] How Bitcoin changes everyday life  [12:12] The role of Bitcoin meetups in education  [12:49] The value of asking questions at meetups   [14:22] Organizing meetups to grow the Bitcoin community  [15:22] Why Canada has a strong Bitcoin community  [15:59] Cultural factors driving Bitcoin adoption in Canada  [16:56] Impact of the 2020 lockdowns on Bitcoin awareness  [17:40] The rise of Canadian Bitcoiners  [18:33] How meetups build trust among newcomers  [19:12] Making Bitcoin accessible for beginners  [19:47] Different types of Bitcoin meetups  [20:28] Hosting themed meetups for deeper connections  [21:06] Organizing BitDevs meetups for developers  [21:49] How to attract newcomers to meetups  [22:44] Balancing beginner and advanced meetups  [23:20] Tips for hosting successful meetups  [24:00] Why meetups are the entry point for Bitcoin  [24:38] How Bitcoin meetups have grown  [25:19] Cory's favourite Bitcoin podcasts  [26:05] Podcast apps that reward listeners in Bitcoin  [26:39] Using the Fountain app to earn Bitcoin  [27:20] Bitcoin podcasts for beginners  [28:10] Podcasts for beginners vs. experienced Bitcoiners  [28:48] How listening to podcasts accelerates learning  [29:36] Challenges of starting with advanced podcasts  [30:12] Overcoming the learning curve in Bitcoin  [31:03] How podcasts help with Bitcoin adoption  [31:42] The role of podcasts in building the Bitcoin community  [32:28] Tips for finding good Bitcoin podcasts  [33:15] Cory's recommended podcasts to check out  [34:01] Cory's recommended guests to listen to  [34:43] Why different perspectives are valuable  [36:02] How Bitcoin changes your mindset  [36:54] How Bitcoin impacts your approach to money  [37:30] Why connecting with others is essential  [38:14] How Bitcoin fosters community  [38:45] Building connections through local meetups  [39:28] Planning the next Bitcoin meetup in Ottawa  To learn more about Cory (aka Boomer) check out this Bitcoin Magazine Article or find him at The Broken Ruler on X.Resources Mentioned:The Price of Tomorrow by Jeff Booth | Book or AudiobookThe Bitcoin Standard by Saifedean Ammous | Book or AudiobookThe Bitcoin Standard Podcast with Saifedean Ammous | WebsiteThe Canadian Bitcoiners Podcast with Joey and Len | WebsiteTales From The Crypt (TFTC) with Marty Bent | Website We Study Billionaires - The Investor's Podcast with Preston Pysh | WebsiteRock Paper Bitcoin by ₿usiness Cat and Fundamentals | Spotify or AppleCitadel Dispatch with Matt Odell | WebsiteFountain Podcasts | WebsiteFind More From Scott:Scott Dedels | XBlock Rewards | InstagramBlock Rewards | YouTubeBlock Rewards | TikTokBlock Rewards | WebsiteBlock Rewards | LinkedIn
60: BJ Dichter ON: Honking for Freedom
19-11-2024
60: BJ Dichter ON: Honking for Freedom
BJ Dichter is a prominent Canadian Bitcoiner and author.In this episode, you're going to learn how BJ’s experience during the 2022 Ottawa Trucker Convoy protest changed his views on financial freedom, why he believes Bitcoin is essential in today’s world, the challenges he faced with government intervention and why he sees Bitcoin as a tool for safeguarding personal rights. You'll also hear about the practical steps BJ recommends for protecting your assets in uncertain times and what he learned about the power of decentralized finance during one of Canada’s most turbulent political events.BJ Dichter is the author of “Honking For Freedom” and a Podcaster, Speaker, Journalist, 🇨🇦 Trucker Convoy Spokesperson & Media Strategist.Timestamps:[04:51] Why BJ became interested in Bitcoin  [05:17] The insurance policy of uncensorable money  [06:35] How BJ got involved in politics  [08:09] Realizing the true value of Bitcoin during the convoy  [09:06] BJ's role in fundraising for the convoy  [10:22] The use of Bitcoin to support the convoy  [11:49] Challenges with GoFundMe and GiveSendGo  [12:25] Ontario government’s injunction on donations  [13:22] How Bitcoin donations were managed  [14:57] The fear of using Bitcoin among convoy organizers  [15:17] Misconceptions about Bitcoin and criminal activity  [16:05] Lessons learned from dealing with authorities  [17:07] The long-term implications of Bitcoin  [17:51] Comparing Bitcoin to the printing press  [18:51] How BJ’s brother, a financial analyst, views Bitcoin  [19:31] BJ’s emotional journey to understanding Bitcoin  [20:03] How the government misunderstood Bitcoin  [20:58] Confiscation of Bitcoin during the protest  [21:47] Lessons learned about securing Bitcoin  [22:03] Importance of having a lawyer when dealing with Bitcoin  [23:17] Advice on protecting yourself legally with Bitcoin  [23:45] Government escalation during the convoy protest  [24:09] How communication with authorities could have de-escalated tensions  [25:09] BJ's book 'Honking for Freedom' and its purpose  [26:46] Dr. Jordan Peterson’s endorsement of BJ’s book  [28:05] How the protest changed BJ’s view on Bitcoin’s value  [28:37] Why Bitcoin is a vital tool in uncertain times  [29:16] BJ’s family history and why financial freedom matters  [30:22] The role of Bitcoin in escaping oppressive regimes  [31:40] Currency debasement as a universal problem  [32:23] How inflation impacts everyday people  [33:19] Inflation triggering fear and curiosity in the public  [34:15] The challenge of educating people about Bitcoin  [35:03] Using empathy to introduce new people to Bitcoin  [36:10] The rise in financial awareness post-2020  [37:32] How BJ’s love of cars revealed inflation issues early  [38:42] Using personal interests to understand economics  [39:12] Empathy as a tool for Bitcoin adoption  [40:00] How Bitcoin can help those in developing countries  [40:26] BJ’s advice for storing and saving wealth  [41:28] Why BJ prefers Substack over Twitter  [42:01] How BJ’s book aims to unite people  [43:08] The concept of Enlightenment 2.0  [43:47] How BJ introduced Bitcoin to a research professor  [44:29] Michael J. Saylor’s influence on understanding Bitcoin  [45:08] How every generation faces perceived turmoil  [45:51] Finding unity in real-life conversations  [46:17] The positive future BJ envisions with Bitcoin  BJ Dichter can be found on X or through Honking for Freedom’s Substack or Website.Resources Mentioned:The Money Masters Documentary by William T. Still | YouTubeConnections Series by James Burke | YouTubeAndreas Antonopoulos | YouTubeExplaining Postmodernism by Stephen Hicks | Book or AudiobookDr. Jordan Peterson | WebsiteFind More From Scott:Scott Dedels | XBlock Rewards | InstagramBlock Rewards | YouTubeBlock Rewards | TikTokBlock Rewards | WebsiteBlock Rewards | LinkedIn
59: Michael Dunworth ON: Bitcoin is a Cheat Code
14-11-2024
59: Michael Dunworth ON: Bitcoin is a Cheat Code
In this episode, you're going to learn why Michael sees Bitcoin as a “cheat code” for fixing global financial systems, the surprising role of energy grids in Bitcoin mining, why companies might face legal pressure if they don’t adopt Bitcoin, how political factors are driving institutional interest in Bitcoin and why Michael believes that embracing Bitcoin could be the fastest way for companies to outperform their competition.Michael Dunworth is a Bitcoin enthusiast and Co-Founder and former CEO of Wyre Payments.Timestamps:[00:04] Why Bitcoin is like a cheat code for money problems  [01:34] BlackRock and Microsoft’s Bitcoin moves  [02:45] The influence of politics on Bitcoin adoption  [03:58] Trump’s proposal on crypto taxation  [05:04] MicroStrategy’s massive Bitcoin buying plans  [06:16] Understanding the role of ego in executive decisions  [07:21] Why CEOs hesitate to follow Bitcoin strategies  [08:45] Bitcoin as the lazy path to wealth  [11:10] Texas is paying miners to stabilize the energy grid  [12:23] Iran’s strategy to mine Bitcoin for national gain  [13:36] The importance of accumulating commodities like Bitcoin  [14:52] How inflation pushes people into risky investments  [16:14] Avoiding financial decisions during chaotic times  [17:35] Bitcoin’s impact on mental clarity and decision-making  [18:58] Bitcoin’s effect on corporate governance  [20:15] CEOs resisting change due to pride and fear  [21:45] Why companies may face lawsuits for not adopting Bitcoin  [23:04] The concept of a “wartime CEO” for tough times  [24:35] Michael J. Saylor’s debt strategy to accumulate Bitcoin  [26:02] How predictable Bitcoin’s value is long-term  [27:20] The difference between Bitcoin and fiat currency  [28:45] Mental health benefits of holding Bitcoin  [30:08] Bitcoin’s role in simplifying your financial life  [31:29] Setting and achieving long-term accumulation goals  [32:50] Why Bitcoin is a powerful recruiting tool  [34:12] The challenges legacy companies face with Bitcoin  [35:30] Bitcoin’s predictable cycles and their impact  [36:48] How Bitcoin resists change and external pressure  [38:10] Why change is crucial for corporate survival  [39:27] How Bitcoin forces businesses to rethink strategies  [41:00] The importance of unity and collaboration  [42:26] Inflation’s impact on everyday spending habits  [43:50] Bitcoin as a safeguard against economic instability  [45:12] Storing time and energy through Bitcoin  [46:30] Long-term planning with predictable money  [47:55] Resistance to adopting new financial technologies  [49:22] Lessons learned from Michael J. Saylor’s success  [50:48] Empowering people and businesses with Bitcoin  [52:10] Why those who adapt will thrive  [53:39] The psychology behind old vs. young investors  [55:04] The power of Bitcoin in building future wealth  [56:32] How Bitcoin changes your perspective on money  [57:59] Using Bitcoin to protect against inflation  [59:25] Planning your financial future with Bitcoin  [01:00:53] Why Bitcoin adoption is inevitable  [01:02:14] The impact of social proof on Bitcoin adoption  [01:03:37] Future predictions for Bitcoin and global markets  [01:04:50] Why the world is moving towards a Bitcoin standard  [01:06:20] How Bitcoin transforms personal finance strategies  [01:07:44] Final thoughts on the future of money  Connect with Michael Dunworth on X.Resources Mentioned:Michael J. Saylor | WebsiteFind More From Scott:Scott Dedels | XBlock Rewards | InstagramBlock Rewards | YouTubeBlock Rewards | TikTokBlock Rewards | WebsiteBlock Rewards | LinkedIn
57: Bob Burnett ON: Blockspace Matters
29-10-2024
57: Bob Burnett ON: Blockspace Matters
Bob Burnett is a longtime technologist with a career that spans from the early days of personal computers to his current work in Bitcoin.In this episode, you're going to learn why Bob believes blockspace scarcity is just as important as Bitcoin scarcity, how nation-states and large institutions might control Bitcoin mining in the future, what it could mean for individuals trying to use the Bitcoin network, Bob’s view on the decentralization of computing and its role in creating Bitcoin, and the potential impact of rising blockspace fees on the future of Bitcoin transactions.Bob Burnett is the founder and CEO of Barefoot Mining, a company focused on the development of “horse-class” mining sites, and he is a vocal proponent for the expansion of diversity in Bitcoin mining site geography, scale, and energy sources. Bob has spent over 35 years as a technologist including 13 years at Gateway, Inc., a Fortune 200 personal computer company, where he led the company’s product development efforts as Chief Technical Officer.  He has founded several companies in the Bitcoin mining space and is an evangelist and educator for Bitcoin and its importance to the world’s future. He has a degree in Computer Engineering from the University of Wisconsin at Milwaukee.Timestamps:[04:11] Discovery of Bitcoin after working with Ethereum[08:11] Decentralization of computing and its connection to Bitcoin[19:48] Explanation of what blockspaces are and why its scarcity is important[25:41] Limitations of Bitcoin transactions and future implications[34:00] Nation-states and institutions becoming major Bitcoin miners[47:58] How Bitcoin could change global economics and national sovereigntyFollow Bob on X, visit the Barefoot Mining Website, and check out Old Man Yells! on YouTube.Find More From Scott:Scott Dedels | XBlock Rewards | InstagramBlock Rewards | YouTubeBlock Rewards | TikTokBlock Rewards | WebsiteBlock Rewards | LinkedIn
54: Ryan Verra ON: Bitcoin is Spiritual
08-10-2024
54: Ryan Verra ON: Bitcoin is Spiritual
In this episode, Scott interviews Ryan Verra, a resident of Bitcoin Jungle in Costa Rica and a facilitator of human consciousness through plant medicine. Ryan brings a unique perspective, exploring the spiritual and transformative potential of Bitcoin. He delves into how Bitcoin's stability and decentralization offer financial integrity and personal empowerment. This conversation will shift your views on money and consciousness, providing deep insights into why Bitcoin might just be the catalyst for a global awakening. Don't miss Ryan's compelling ideas that connect finance, spirituality, and future societal transformations.Ryan Verra is a professional race car driver and extreme sport athlete who has expanded his expertise into brain-training, learning techniques and plant medicine. Over the past decade, he has worked with various indigenous tribes and plant-based medicines, such as Iboga, Ayahuasca and Psilocybin, developing protocols for neurogenesis and healing. His unique insights into Psilocybin earned him a speaking spot at Wonderland, the largest psychedelic conference in North America, where his ideas sparked significant controversy. Ryan now coaches high-level professionals and athletes, helping them enhance their mental health, productivity and consciousness through specialized plant medicine protocols.Timestamps:4:45 Understanding how Bitcoin can preserve wealth in an inflating world.12:14 How plant medicine and Bitcoin are connected in consciousness.18:13 Bitcoin as a spiritual tool to align with personal energy and choices.24:17 The benefits of investing in Bitcoin for future generations.32:05 How to stay patient and avoid distractions in the Bitcoin journey.38:42 Taking responsibility for your Bitcoin and holding your own keys.45:10 Building personal responsibility through self-sovereignty tools like Bitcoin.To connect with Ryan check out the Source Code’s Website.Find More From Scott:Scott Dedels | XBlock Rewards | InstagramBlock Rewards | YouTubeBlock Rewards | TikTokBlock Rewards | WebsiteBlock Rewards | LinkedIn
53: Ian Major ON: The Future of Customer Rewards
01-10-2024
53: Ian Major ON: The Future of Customer Rewards
In this episode, Scott interviews Ian Major, co-founder of Joltz and a pioneer in Bitcoin-based loyalty programs. Ian dives into the intricacies of using the lightning network for fast, low-fee transactions and contrasts self-custodial and custodial solutions. He shares insights on why most businesses hesitate to adopt Bitcoin rewards and reveals groundbreaking developments in their wallet technology. Tune in to explore how Joltz is empowering financial self-sovereignty and transforming customer loyalty programs with Bitcoin.Ian is the Co-Founder and Co-CEO of Joltz, a Bitcoin infrastructure company with a focus on Lightning and Taproot Assets. Prior to Joltz, Ian sold and delivered enterprise analytics software to the largest companies across North America, the Middle East, and Africa, including Walmart and Emirates Airlines. Ian is also the Creator of the All Things Bitcoin YouTube channel and has helped nearly half a million people learn about Bitcoin.Timestamps:7:22 Why Bitcoin rewards outperform traditional loyalty programs. 13:49 How stablecoins enhance Bitcoin adoption for mainstream businesses. 19:46 Steps to create a Bitcoin rewards program for small businesses. 24:33 How taproot assets increase flexibility in Bitcoin rewards systems. 28:54 Why businesses should embrace Bitcoin to attract younger customers. 34:12 Solutions for improving self-custodial Bitcoin payment systems. 39:46 How to build a circular economy using Bitcoin rewards.Check out Joltz and follow Ian on X.Resources Mentioned:Fold App | WebsiteLolli | WebsiteBlockstream | WebsiteLightning Labs | WebsiteRiver Financial Report: The Lightning Network | ArticleFind More From Scott:Scott Dedels | XBlock Rewards | InstagramBlock Rewards | YouTubeBlock Rewards | TikTokBlock Rewards | WebsiteBlock Rewards | LinkedIn
51:Tom Karadza ON:  Bitcoin Makes Housing Affordable
17-09-2024
51:Tom Karadza ON: Bitcoin Makes Housing Affordable
In this episode, Scott interviews Tom Karadza, co-founder of Rockstar Real Estate and a former tech professional, now a Bitcoin enthusiast. Tom shares his journey from the tech industry to real estate and Bitcoin investment. He delves into how these experiences shaped his financial philosophy, why Bitcoin is crucial for addressing real estate affordability issues, and the broader financial trends reshaping our world. This episode is packed with insights, making it a must-listen for anyone interested in real estate, Bitcoin, and their intersection.Tom Karadza quit his job as a Software Sales Manager at NetSuite Inc. as it was going public on the New York Stock Exchange, to be a full-time entrepreneur and investor. As the sole income earner and with a very young family at home, Tom was advised against leaving behind such a high-paying job. But being true to his mission, he was done living on other people’s terms. He Co-Founded Rockstar Real Estate with his brother Nick, focused on helping real estate investors in the Greater Toronto Area create income for life. Word spread about what they were doing, they were featured in national media such as the National Post, the Business News Network (BNN), Canadian Real Estate Wealth Magazine, and numerous local publications as well.Because of their focus on individualized coaching to create success, Rock Star Real Estate has grown to a team of 60+ people dedicated to working hand in hand with real estate investors. Together they “walk the walk” daily, as active investors themselves, and helping over 5,600 investors.Timestamps:7:24 Why leveraging real estate with debt creates higher returns.14:15 How Bitcoin offers an alternative to the traditional method if investing in real estate.23:31 How Bitcoin can prevent future housing bubbles.28:10 Why real estate is no longer the best path to wealth.33:45 How Bitcoin can democratize access to housing.40:12 Why focusing on Bitcoin’s long-term growth is crucial for financial freedom.To connect with Tom check out the Rock Star Inner Circle and follow him on X.Resources Mentioned:The Dao of Bitcoin by Scott Dedels | Book or AudiobookThe Bitcoin Standard by Saifedean Ammous | Book or AudiobookFind More From Scott:Scott Dedels | XBlock Rewards | InstagramBlock Rewards | YouTubeBlock Rewards | TikTokBlock Rewards | WebsiteBlock Rewards | LinkedIn
49: Roger Huang ON: The State of Bitcoin in China
03-09-2024
49: Roger Huang ON: The State of Bitcoin in China
In this episode, Scott interviews Roger Huang, an accomplished author and Bitcoin expert. Roger's book, "Would Mao Hold Bitcoin?" delves deep into China’s unique relationship with Bitcoin amidst strict government regulations and cultural nuances. He sheds light on the historical, economical, and societal factors influencing Bitcoin's role in China, the rise of digital currency exchanges, and the nation's evolving economic landscape. This insightful conversation unpacks how Bitcoin could force broader discussions around freedom and political reform in China. Roger Huang was born in China, but raised in Canada. He became fascinated with Bitcoin as early as 2013 – He couldn’t quite find his way around describing exactly why, so he started diving into it by meeting Bitcoin supporters and writing about the topic. As a longtime observer, Mandarin speaker, and regular contributor to Forbes and other platforms on the subject of Bitcoin in China, Huang is uniquely positioned to evaluate the implications for the future.Roger Huang’s "Would Mao Hold Bitcoin?" is the authoritative resource exploring Bitcoin’s disruptive intersection with Chinese history. Huang not only pulls back the curtain on the characters and events driving that story, but on the larger questions that arise from the clash between state-driven Chinese tech and the open source development that is Bitcoin. Timestamps:4:28 China's monetary history and inflation management.7:21 The role of Bitcoin in circumventing China's capital controls.14:35 The rise of Bitcoin mining and exchanges in China.19:51 The evolution of China's Bitcoin ecosystem.27:26 How China attempted to ban Bitcoin but failed.32:48 Bitcoin as a tool for capital flight in China.45:46 The future role of Bitcoin in China's economy.Resources Mentioned:Would Mao Hold Bitcoin? | BookBitcoin Magazine: Would Mao Hold Bitcoin? | BookBTCC | WebsiteBitcoin Block Party Vancouver 2024 | WebsiteConnect with Roger Huang on X or LinkedIn.Find More From Scott:Scott Dedels | XBlock Rewards | InstagramBlock Rewards | YouTubeBlock Rewards | TikTokBlock Rewards | WebsiteBlock Rewards | LinkedIn
48: John Ely and Seb Bunney ON: Harmonizing the Energy Exchange of Value Creation
27-08-2024
48: John Ely and Seb Bunney ON: Harmonizing the Energy Exchange of Value Creation
In this episode, Scott celebrates the one-year anniversary of the podcast with repeat guests John Ely and Seb Bunney from Block Rewards. They delve into the concept of employees earning Bitcoin and how it can revolutionize financial systems. John and Seb share their journey with Block Rewards, exploring the potential impact of Bitcoin on real estate, inflation, and global commerce. Tune in to understand why Bitcoin could be a game-changer in creating fair-value exchanges and reshaping the future of money.John Ely founded Motovate.ai. It enables enterprise sales incentives over the Lightning network. He has joined Block Rewards as of February 2024 as Chief Product Officer.Seb Bunney co-founded an educational platform: Looking Glass Education, and is the Author of "The Hidden Cost of Money" and "B is For Bitcoin". He is the Chief Information Officer at Block Rewards.Timestamps:3:18 Prepare for Bitcoin to reshape financial systems worldwide.7:22 Remove intermediaries to enable frictionless transactions.12:20 Collapse financial friction to zero using the lightning network.19:18 Boost national GDP by eliminating remittance fees.23:19 Understand Bitcoin's role in transforming global commerce.35:18 Realign incentives by moving away from inflationary currency.44:05 Address the breakdown of money to improve societal stability.Resources Mentioned:Looking Glass Education | WebsiteFooled by Randomness by Nassim Nicholas Taleb | BookMichael Saylor Bitcoin 2024 Keynote Speech | YouTubeSeb's Books:The Hidden Cost of Money | BookB is for Bitcoin | BookConnect with John Ely on X or LinkedInCheck out Seb Bunney on his Website, X or LinkedInFind More From Scott:Scott Dedels | XBlock Rewards | InstagramBlock Rewards | YouTubeBlock Rewards | TikTokBlock Rewards | WebsiteBlock Rewards | LinkedIn
47: Cole Walmsley ON: A Bitcoin Renaissance
20-08-2024
47: Cole Walmsley ON: A Bitcoin Renaissance
In this episode, Scott interviews Cole Walmsley, a former professional poker player turned Bitcoin advocate. Cole shares his journey from traditional investing to discovering the transformative potential of Bitcoin. He discusses how Bitcoin can grant individuals financial freedom, challenge governmental control over currency, and potentially lead to a new Renaissance. Cole and Scott explore the concept of Bitcoin as a store of value and its potential impact on global wealth, productivity, and governance in the digital age.Cole Walmsley is the founder and CEO of Gaiter Capital, a spiritual seeker and an insatiably curious human being who decided to skip college at 18 to play professional poker in Florida. He also has a book on its way, titled “The Bitcoin Thesis”.Timestamps:3:16 Why Bitcoin should not be priced in dollars.8:12 How Michael J. Saylor does not fully understand Bitcoin.11:41 Bitcoin’s value retention makes it the best money.17:09 Incentives in private governance models for prosperity.22:21 How Bitcoin transmits money with no borders.28:55 Money being issued by an issuer is an outdated concept.34:41 Bitcoin enables freedom by giving back time and value.Connect with Cole on X and visit the Gaiter Capital website.Resources Mentioned:The Bitcoin Standard by Saifedean Ammous | BookMicroStrategy | WebsiteNvidia | WebsiteFind More From Scott:Scott Dedels | XBlock Rewards | InstagramBlock Rewards | YouTubeBlock Rewards | TikTokBlock Rewards | WebsiteBlock Rewards | LinkedIn
46: Rick Messitt ON: Keep Your Bitcoin Safe
13-08-2024
46: Rick Messitt ON: Keep Your Bitcoin Safe
In this episode, Scott interviews Rick Messitt, Chief of Marketing at The Bitcoin Way. Rick shares his personal Bitcoin journey and the hard lessons he learned along the way. With over a decade of experience, Rick emphasizes the importance of prioritizing security, privacy, and self-custody when dealing with Bitcoin. He opens up about his own devastating loss and the emotional impact it had, underlining the critical need for strong cybersecurity measures in the Bitcoin space.Rick is the Chief Marketing Officer at The Bitcoin Way, a team of cyber security experts that transform people into sovereign individuals. The Bitcoin Way teaches you how to upgrade your device security so that you can protect your privacy and your Bitcoin, all the while developing robust inheritance plans and securing ‘Plan B’ citizenships.Timestamps:3:30 Understanding the importance of secure Bitcoin custody.7:54 Why holding Bitcoin is a long-term investment strategy.15:19 Avoiding common pitfalls in choosing hardware wallets.24:20 The significance of KYC (Know Your Client) data in Bitcoin security.32:32 Real-world risks of unsecured Bitcoin storage.38:41 Steps to improve overall cybersecurity for Bitcoin.45:14 Benefits of professional guidance in Bitcoin security.Connect with Rick on X.Resources Mentioned:The Bitcoin Way | WebsiteKeePass Safe | WebsiteLedger | WebsiteFind More From Scott:Scott Dedels | XBlock Rewards | InstagramBlock Rewards | YouTubeBlock Rewards | TikTokBlock Rewards | WebsiteBlock Rewards | LinkedIn