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In episode 118 of The Bitcoin Way Podcast, Michael Jordan sits down with Bram Kanstein, host of the Bitcoin for Millennials podcast, to explain why almost nothing you think you own is truly yours — and why Bitcoin is the only real way out.
Bram argues that millennials are uniquely primed to understand Bitcoin: they came of age as the promised path of study, job, house, and retirement quietly stopped working, and having lived the shift from analog to digital, they instinctively grasp what digital scarcity really means.
The conversation covers why the money in your bank legally isn't yours, why your stocks are just database entries held by the DTCC, why even a paid-off home is owned by permission, the hidden 'second job' of fighting inflation, and why Bitcoin is the one asset you can actually verify and hold yourself.
Essential viewing for anyone serious about understanding Bitcoin’s real promise — and what it actually means to truly own something.
Follow Bram on X at https://x.com/bramk, find his Bitcoin for Millennials podcast on YouTube at https://youtube.com/@bramk, and on Spotify at https://open.spotify.com/show/5hqqAlOXIMOLqQlfnMgCFR.
TIMESTAMPS:
00:00 Why Bitcoin is the millennial opportunity
04:34 The promised path is gone & debasement is accelerating
07:39 Digital scarcity & what holds millennials back
14:51 How broken money corrupts incentives
19:26 Disneyfication & the Madeleine Albright problem
22:33 Red pill: the "what is money" path
27:40 Everything you "own" is permissioned
32:48 Risk & your secret second job
36:59 Bitcoin as the verifiable opposite of fiat
39:01 The moral case & why Bitcoin simplifies life
43:04 Why Bitcoin goes up: monetary history
45:05 The wealth transfer, debt & rising taxes
53:21 Where the system is headed: stablecoins & monetary war
56:57 Unpopular opinion & sign-off
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On The Bitcoin Way Podcast, Michael Jordan talks to guests with a wide range of expertise and skillsets related to Bitcoin, including investing, macroeconomic and financial trends, mining, education, and more.
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