Jesse Berger: Bankers don't understand Bitcoin - BFM035

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.

→ Follow Jesse on https://twitter.com/jayberjay

→ Jesse’s book on Amazon: https://www.amazon.com/Magic-Internet-Money-About-Bitcoin/dp/1777128404

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Timestamps

00:00 - Introduction and Background 01:57 - Questioning the Fiat Money System 02:55 - Exploring the Rabbit Hole of Money 05:22 - Working in Traditional Finance 07:00 - Realizing the Flaws in the Financial System 08:08 - Transitioning to Bitcoin 08:58 - Missed Opportunity in 2010 10:57 - Rediscovering Bitcoin in 2017 13:11 - Understanding the Benefits of Bitcoin 15:35 - Challenges in Recognizing the Flaws of Fiat Money 20:45 - Overcoming Trust and Self-Doubt 24:49 - Inspiration to Write a Book 30:13 - Explaining the Concept of Money 35:16 - Creating a Mindset Shift 44:20 - The Need for Transparent and Fair Money 45:20 - Following Rules Instead of Rulers 46:42 - Bitcoin's Gravity and Attracting Value 48:36 - Challenges in Explaining Bitcoin in Plain Language 50:21 - The Misconception of Bitcoin's Complexity 56:26 - The Importance of Time in Bitcoin 59:31 - The Future with Bitcoin 01:04:29 - The Core Belief of Personal Empowerment