The Block Reward | Bitcoin For Beginners Scott Dedels
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- Technology
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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.
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36: Eric V Stacks ON: Bitcoin Forces Rationality
In this enlightening episode of The Block Reward, host Scott Dedels welcomes Eric V Stacks, a former cannabis grower turned Bitcoin maximalist. Together, they delve into Bitcoin's unparalleled potential as a universal financial solution, tackling issues from fiscal responsibility to societal impacts. Eric shares his journey through the economic crises, discusses Bitcoin's role in countering currency debasement, and illustrates its efficiency in resource allocation. Tune in to explore how Bitcoin offers stability in a volatile financial world and why it could reshape the future of money for individuals and nation-states alike.
Eric V Stacks is a professional cannabis farmer and Bitcoin advocate. He makes content discussing the profound philosophical and societal implications of this new technology
Key Topics Discussed:
Bitcoin as a global bailoutThe impact of currency debasementBitcoin's metaphysical aspects Scarcity and real-estateFuture of fiat currency
Timestamps:
03:51 How achieving a property purchase despite financial struggle led to learning about Bitcoin.
10:39 People are protesting economic issues and are demanding change in economic policy.
18:25 Satoshi solved the double spend problem in Bitcoin by using informational bearer instruments.
21:33 Religious ideologies can unite, Bitcoin will revolutionize civilization.
29:23 Central authorities devalue currency, siphoning economic energy from people and funding centralized agendas.
32:11 Concerns about attacks on Bitcoin's network.
34:55 Bitcoin offsets the deflationary world by maintaining financial solvency.
37:30 Central banks and how they manage asset prices and inflation.
43:22 Bitcoin imposes a universal laws that affects all equally.
Guest Socials:
Eric V Stacks | X (formerly known as Twitter) -
35: Tomer Strolight ON: Bitcoin is Synchronizing Human Consciousness
Get ready to dive into the world of Bitcoin with our latest episode of The Block Reward! Join host Scott Dedels and esteemed guest Tomer Strolight as they explore the mystical allure of "Satoshi's treasure," the transformative power of Bitcoin, and its role in shaping the future. Discover how Bitcoin's decentralized nature fosters self-discovery, resilience, and a new form of global cooperation. Tomer also delves into the spiritual awakening that comes with understanding Bitcoin, and the ripple effects of this revolutionary technology. Tune in for a thought-provoking discussion that blends philosophy, technology, and hope for a better world.
Tomer Strolight is the Editor-in-Chief at Swan BItcoin. He is a Bitcoin student, teacher, philosopher, writer, evangelist, activist, author, and speaker.
Key Topics Discussed:
"Satoshi's treasure" and its symbolismBitcoin as "pure money"Spiritual awakening through BitcoinBitcoin's decentralized naturePotential for Bitcoin adoption
Timestamps:
08:15 Bitcoins' initial appeal due to its representation of justice, ethics, and being unbreakable in an unjust world.
11:10 Bitcoin cannot be taken by force or destroyed, offering a new dimension to money.
18:59 Bitcoin fosters innovation through a decentralized thinking process.
24:16 Bitcoin is resilient due to a vigilant community and diverse expertise.
28:15 Bitcoin's potential, epochs, and comparison to the early Internet.
35:04 Bitcoin values beauty, longevity, and humanity in its products.
36:07 Anticipation of a new renaissance.
43:56 Bitcoin challenges beliefs about fame, money, and power.
Guest Socials:
Tomer Strolight | X (formerly known as Twitter)
Bitcoin is Beautiful by Tomer Strolight | YouTube
The Legendary Treasure of Satoshi Nakamoto | YouTube -
34: Jesse Berger ON: Magic Internet Money
In this eye-opening episode of The Block Reward, Jesse Berger joins host Scott Dedels to unravel the complexities of Bitcoin against the backdrop of traditional monetary systems. Jesse eloquently bridges the chasm between nominal and real wealth, underlining Bitcoin's role as an arbiter of true financial worth. From acceleration moments sparked by crises to resistance faced from entrenched monetary institutions, Jesse provides compelling insights into Bitcoin's inevitable role in reshaping our financial landscape. Don't miss this deep dive into why Bitcoin is not just an investment but a paradigm shift in understanding value and wealth.
Jesse Berger is the author of Magic Internet Money: A Book About Bitcoin, which he self-published in 2020. He previously spent over a decade working with large financial institutions in Canada as a banker, investment advisor, and market research consultant, where he observed first-hand the perils of central banking and fiat currency. Today, he is an independent consultant based in Toronto focused on Bitcoin adoption and education.
Key Topics Discussed:
Bridging nominal wealth and real wealth via Bitcoin.Impact of Bitcoin on traditional monetary systems.Acceleration theory and pivotal societal changes.The influence of real estate policies on financial markets.
Timestamps:
06:29 The cost involved in creating and circulating money.
13:56 Bitcoin's crash.
18:44 Being concise, relatable, and technically accurate.
22:03 Chasing highs of financial success leads to "hangovers".
23:02 Officials blame everything but there is a need for systemic change.
35:13 Canada's financialization of real estate and currency.
38:42 High taxes drive away wealthy which causes the economy to shrink.
42:36 Financial system may collapse, Bitcoin offers an alternative.
53:55 Bitcoin's fixed supply boosts purchasing power.
Guest Socials:
Jesse Berger | X (Formerly known as Twitter)
Magic Internet Money: A Book About Bitcoin | Website -
33: Daz Bea ON: How Bitcoin Mining Can Improve Energy Grids
In this episode of The Block Reward, host Scott Dedels dives deep with guest Daz Bea, an expert in energy grids and Bitcoin mining. They explore the transformative potential of Bitcoin not only as a financial asset but as a revolutionary approach to managing and capitalizing on energy resources. Discover how Bitcoin mining could lead to more efficient energy grids and help usher in a future powered by 100% renewable energy. Tune in as we unravel the complexities of energy consumption, grid stability, and the undeniable connection between cryptocurrency and sustainable energy practices.
Daz is 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 investmentThe impact of Bitcoin mining on renewable energy gridsNegative aspects of government-controlled digital currencyUsing Bitcoin for efficient monetary transactionsBenefits 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.
Guest Socials:
Daz Bea | X (Formerly known as Twitter)
Looking Glass Education | Website -
32: Ioni Appelberg ON: Bitcoin Is Kardashev Scale Technology
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 Appelberg (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 systemsRole of Bitcoin in global energy innovationsThe Kardashev scale and civilization energy controlThe 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.
Guest Socials:
Ioni Appelberg | Youtube
Ioni Appelberg | X (Formerly known as Twitter)
Abundance Through Scarcity | Bitcoin Book Shop -
31: Rob Wallace ON: The Ethical Dilemma Of The Business Of Ordinals
In this enlightening episode of The Block Reward, host Scott Dedels and Bitcoin enthusiast Rob Wallace dive deep into the controversies surrounding Bitcoin's true purpose. They tackle hot topics like the implications of NFTs on the Bitcoin blockchain, the evolving debate on Ethereum's influence, and the pitfalls of straying from Bitcoin’s mission to separate state and money. Join us as Rob emphasizes the significance of keeping Bitcoin pure and independent, addressing risks like ordinals and inscriptions that may redirect its foundational aim.
Rob Wallace is passionate about delivering accurate and insightful information about 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 schemesReliability of Bitcoin News for accurate information The viability and risks of NFTs on the Bitcoin blockchainBitcoin and Ethereum's differences and the Ponzi scheme labelOrdinals 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.
Guest Socials:
Bitcoin News | Website
Bitcoin Magazine: Beyond Tribalism | Website/Article
The Bullish Case for Ordinals with Pete Rizzo | Youtube
Customer Reviews
Great show!
Great entry point for for anyone looking to begin their journey down the rabbit hole of sound money and Bitcoin. It gets to heart of things without becoming too esoteric.