bitcoin for mom: Recent Episodes
Justin
listen to me try (and probably fail) to explain bitcoin to my mom. this format makes bitcoin fun and approachable.
were here to challenge our assumptions, and open our minds.
were here to ask questions. if you have any, email bitcoin4mom@tutanota.com.
welcome to bitcoin for mom! she finally reads the whitepaper. in this episode we go through this historic paper, and break down some of the most important concepts, step by step. this is the document that started the bitcoin revolution.
hope you enjoy! please share with anyone who is interested in bitcoin, but is maybe intimidated to start learning about it. please remember to rate and review, as well as follow us @mombitcoin on twitter.
0:00 - 6:00 intro
6:00 - 15:00 abstract and introduction
15:00 - 18:30 section 2 - transactions
18:30 - 24:15 section 3 - timestamp server
24:15 - 36:00 section 4 - proof of work
36:00 - 38:00 section 5 - the network
38:00 - 45:00 section 6 - incentives
45:00 - 50:05 sections 7-10 - spv and privacy
50:05 - 52:00 section 11 - conclusion
52:00 - 54:40 final thoughts
welcome to bitcoin for mom! in this episode we talk about the bitcoin 2021 conference. what was it like? what were the biggest topics/moments of the week?
hope you enjoy! please share with anyone who is interested in bitcoin, but is maybe intimidated to start learning about it, please remember to rate and review, as well as follow us @mombitcoin on twitter.
0:00 - 1:52 intro
1:15 - 4:00 miami as a venue
4:00 - 8:00 conference set up
8:00 - 11:45 ross ulbricht
11:45 - 19:50 favorite moments
19:50 - 21:00 el salvador announces bitcoin as legal tender
21:00 - 29:45 ransomware attacks
29:45 - 32:50 meeting bitcoiners
32:50 - end toxic maximalism and closing
welcome to bitcoin for mom! in this episode we talk about what mining is and how it works. the episode is a little technical but try and hang in there with us. here are the resources referenced.
https://xorbin.com/tools/sha256-hash-calculator
https://mempool.space/
hope you enjoy! please share with anyone who is interested in bitcoin, but is maybe intimidated to start learning about it, please remember to rate and review, as well as follow us @mombitcoin on twitter.
0:00-1:30 intro
1:30-9:30 what is mining?
9:30-11:55 what is a block?
11:55-22:00 what is a hash?
22:00-27:15 what is in a block? (we get distracted)
27:15-36:30 what is in a block? (actually)
36:30-50:30 listener questions
50:30-56:15 mining pools and closing
welcome to bitcoin for mom! in this episode we talk about inflation. its a really difficult topic so this episode is a little messy. below are the links to the bitcoin happy hour i appeared on and my published letter.
https://bitcoinmagazine.com/culture/an-open-letter-to-new-bitcoiners
https://www.youtube.com/watch?v=MmqblSIIfZU&list=PLe0djdakvnFZRWfM_Qvi_JW1TGcoeYZh6&index=12
hope you enjoy! please share with anyone who is interested in bitcoin, but is maybe intimidated to start learning about it, please remember to rate and review, as well as follow us @mombitcoin on twitter.
0:00-3:25 intro and news
3:25-6:25 what is inflation?
6:25-8:50 fighting deflation
8:50-10:50 why should things get more expensive?
10:50-14:15 asset inflation & stimulus
14:15-17:20 statistics on money supply, fed balance sheet, & commodity prices
17:20-23:30 problems with inflation as a target & growth at all costs
23:30-25:05 fighting deflation (again)
25:05-25:55 important things getting more expensive
25:55-30:15 incentives, bail outs, & moral hazard
30:15-37:35 risk, debt, and closing
welcome to bitcoin for mom! in this episode we switch it up. i interview mom about her progress with using and understanding bitcoin.
hope you enjoy! please share with anyone who is interested in bitcoin, but is maybe intimidated to start learning about it, please remember to rate and review, as well as follow us @mombitcoin on twitter.
0:00 intro
1:20 announcements
2:08 our progress to date
7:00 how steep is bitcoin's learning curve?
9:00 what was it like sending your first transaction?
11:35 can people figure it out?
16:12 what's missing in the message?
22:20 what still makes you nervous about bitcoin?
27:19 what subjects do we want to dig further in to?
31:38 what is an uncle jim?
33:11 updated price predictions
welcome to bitcoin for mom! in this episode we are joined by my friend matt to talk about self custody. what is a wallet? what are the options? what are the risks?
hope you enjoy! please share with anyone who is interested in bitcoin, but is maybe intimidated to start learning about it, please remember to rate and review, as well as follow us @mombitcoin on twitter.
0:30 intro
2:50 deciding when/how to take self custody
6:30 where bitcoin can be stored
11:45 risks of keeping coins on exchanges
18:00 different types of wallets
39:00 how fees work
43:39 final points
welcome to bitcoin for mom! in this episode we talk about money. we all use it, we all work for it, we all spend it. however, we never think about it.
mom and i explore the question - what is money?
hope you enjoy! please share with anyone who is interested in bitcoin, but is maybe intimidated to start learning about it, please remember to rate and review, as well as follow us @mombitcoin on twitter.
0:30 intro
1:50 money as a payment medium
4:30 moms definition of money
6:00 other definitions of money
11:00 functions of money
13:30 properties of money
18:00 dollar vs gold vs bitcoin
28:00 closing thoughts
welcome to bitcoin for mom! in this episode we are joined by mom's stock club. they asked great questions, and even had some input of their own.
sorry for the technical difficulties, i've never managed such a large zoom room.
hope you enjoy! please share with anyone who is interested in bitcoin, but is maybe intimidated to start learning about it, please remember to rate and review, as well as follow us @mombitcoin on twitter.
1:40 why bitcoin
3:60 what is bitcoin
6:55 how to keep bitcoins safe
14:40 bitcoin for payments
19:25 selling bitcoin for dollars
20:25 other cryptocurrencies
25:10 price volatility
28:55 the role of bitcoin mining
44:40 dollar cost averaging
50:10 censorship resistance, and when spending bitcoin makes sense
58:40 bad guys using bitcoin
1:01:40 wrap up and final banter
welcome to bitcoin for mom! in this episode we talk about what makes 2020 different than 2017.
hope you enjoy! please share with anyone who is interested in bitcoin, but is maybe intimidated to start learning about it, please remember to rate and review, as well as follow us @mombitcoin on twitter.
0:00 intro
2:00 network effects
3:39 bitcoin price and market cap
11:00 multiple touch points
15:30 improved bitcoin education
17:00 institutional interest
26:00 bitcoin vs bitcoin cash
35:00 coronavirus
welcome to bitcoin for mom! in this episode we talk with guest @gladstein, the chief strategy officer of the human rights foundation. we discuss the struggles that 4.3 billion people encounter while living under authoritarian regimes and how bitcoin can help.
check out alex's presentations on youtube - https://www.youtube.com/results?search_query=alex+gladstein
if you can, please donate to the human rights foundation at https://hrf.org/. they are doing amazing work.
hope you enjoy! please share with anyone who is interested in bitcoin, but is maybe intimidated to start learning about it, please remember to rate and review, as well as follow us @mombitcoin on twitter.
0:00 intro
3:30 what are human rights and what is the mission of the HRF
7:50 why bitcoin matters for human rights
12:14 bitcoin use in repressive economies
15:57 how people are finding, and actually using bitcoin
24:41 are investors in bitcoin pricing users out of the market
27:45 what a world without cash looks like
29:00 why privacy matters
31:19 surveillance issues in the united states
33:10 what decentralization is and the benefits of decentralized systems
37:01 episode debrief and final thoughts (post interview)
welcome to bitcoin for mom! in this episode we talk about the free market and its benefits.
we also discuss how a free market money, bitcoin, is necessary for a truly free market to function.
hope you enjoy! please share with anyone who is interested in bitcoin, but is maybe intimidated to start learning about it, please remember to rate and review, as well as follow us @mombitcoin on twitter.
welcome to bitcoin for mom! in this episode we talk about why bitcoin is unique and why the individual pieces that make up bitcoin don't have much value on their own.
we also discuss some of the alternatives to bitcoin, and why they fall short.
hope you enjoy! please share with anyone who is interested in bitcoin, but is maybe intimidated to start learning about it, please remember to rate and review, as well as follow us @mombitcoin on twitter.
0:00 - 4:30 intro
4:30 - 7:50 "there's bitcoin, and there's shitcoin"
7:50 - 11:50 blockchain technology
11:50 - 21:25 popular narratives
21:25 - 32:30 alternatives to bitcoin
32:30 - 46:55 how misconceptions arise
welcome to bitcoin for mom! in this episode we talk about a very controversial topic - bitcoin energy use!
yes, bitcoin does use a lot of energy but a nuanced discussion is necessary to evaluate the pros and cons.
hope you enjoy! please share with anyone who is interested in bitcoin, but is maybe intimidated to start learning about it, please remember to rate and review, as well as follow us @mombitcoin on twitter.
0:00 intro
1:04 mining uses energy
3:30 different energy sources for mining
8:15 a defense of fossil fuels
13:30 how bitcoin helps with global energy use
welcome to bitcoin for mom! in this episode we take a little break and recap the topics we've covered so far. mom asks questions from the audience and asks some of her own.
hope you enjoy! please share with anyone who is interested in bitcoin, but is intimidated to learn about it. also, please remember to rate and review, as well as follow us @mombitcoin on twitter.
welcome to bitcoin for mom! in this episode we talk about the technology behind bitcoin. i know, its a scary topic, but we do our best to explain in an understandable way.
hope you enjoy! please share with anyone who is interested in bitcoin, but is intimidated to learn about it. also, please remember to rate and review, as well as follow us @mombitcoin on twitter.
0:00 intro
4:00 a failed transaction attempt
6:26 what is a wallet?
13:07 what does a wallet do?
17:40 UTXOs - how balances are tracked
23:38 protecting seed phrases
34:02 sending a transaction
37:09 introduction to mining
welcome to bitcoin for mom! in this episode we talk about some of the challenges with buying bitcoin, and help you out with ways to do so.
hope you enjoy! please share with anyone who is interested in bitcoin, but is intimidated to learn about it. also, please remember to rate and review, as well as follow us @mombitcoin on twitter.
0:00 intro
3:50 why we use a financial advisor
5:20 sticking to the plan
10:30 dollar cost averaging
17:30 tax implications
21:00 know your customer/anti money laundering laws
24:50 where to buy bitcoin
33:30 river financial
welcome to bitcoin for mom! in this episode, we take a little break and have some fun considering how high bitcoin's price can go.
hope you enjoy! please share with anyone who is interested in bitcoin, but is intimidated to learn about it. also, please remember to rate and review, as well as follow us @mombitcoin on twitter.
if you have any questions, feel free to email bitcoin4mom@tutanota.com. we'll be happy to answer them.
welcome to bitcoin for mom! in this episode, we talk about bitcoin as a new form of property.
hope you enjoy! if you have any questions, feel free to email bitcoin4mom@tutanota.com. were happy to answer them.
also, please remember to rate and review, as well as follow us @mombitcoin on twitter.
1:30 intro
7:45 ownership
9:00 possession
12:00 savings and uncertainty
14:52 a new form of property rights
welcome to bitcoin for mom! in this episode, we ease our way into bitcoin and discuss it at a surface level.
hope you enjoy! if you have any questions, feel free to email bitcoin4mom@tutanota.com. were happy to answer them.
also, please remember to rate and review, as well as follow us @mombitcoin on twitter.
:55 moms history with investments
4:00 introduction of bitcoin
5:00 moms existing knowledge of bitcoin
8:17 topics mom wants to cover
10:38 structure/goals of the podcast
13:45 mom almost loses her bitcoin!
14:20 what is bitcoin?
18:20 how to use bitcoin
19:45 what makes bitcoin different?
31:00 quotes