John: Bitcoin is the new money standard - BFM046

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 🔔 Subscribe to never miss an upcoming episode of Bitcoin for Millennials, → YouTube: ⁠⁠https://youtube.com/@bramk⁠⁠ → Follow Bram on ⁠⁠https://x.com/bramk Timestamps 00:00 - Introduction and Background 04:03 - Encountering Bitcoin and Overcoming Biases 06:59 - Bitcoin's Second-Order Effects and Colleague Adoption 09:23 - Bitcoin's Unique Characteristics: Scarcity and Neutrality 11:54 - Bitcoin's Future Role in Money 16:33 - Bitcoin as a Base Layer for Final Settlement 25:12 - Absolute Scarcity and Importance of Understanding Money 29:10 - Less Discussed Bitcoin Characteristics 35:13 - Neutrality and Financial Inclusivity of Bitcoin 38:22 - Impact on Self-Sovereignty and Personal Agency 41:57 - Flaws of Fiat Money 44:14 - Bitcoin as a Medium of Exchange 51:24 - Bitcoin as a Treasury Reserve Asset 59:26 - Shifting of Monetary Energy 01:09:20 - First Principles Thinking

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