Why Bitcoin is Financial Freedom - Adam O'Brien

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In this podcast episode, Scott sits down with Adam O'Brien. The conversation revolves around the concept of financial sovereignty and the importance of being in control of one's own money. Adam explains that Bitcoin provides a protocol with sound financial means and principles that allow individuals to have full control over their wealth. He shares his own journey of discovering Bitcoin and discusses the risks of financial oppression and the need for sound money. The conversation also touches on the issues of financial censorship and the impact on individuals and businesses. Adam highlights the role of Bitcoin in providing a solution to these problems and enabling financial sovereignty. The episode concludes with a discussion on the mission of Bitcoin Well and the importance of understanding sound money. CEO and Founder of Bitcoin Well (BTCW.v) Adam is a bitcoin entrepreneur dedicated to building products that make it easy to buy, sell and use bitcoin. He founded Bitcoin Well in 2013 which has grown to be one of Canada’s largest bitcoin companies boasting over 280 Bitcoin ATMs across Canada and an online portal which is the fastest and safest way to buy and sell bitcoin. In 2021 Bitcoin Well became the world’s first non-custodial bitcoin business to be publicly traded. Today, he is CEO of Bitcoin Well and recognized as a true visionary in the field and strives to bring bitcoin to the mainstream. His goal is to make bitcoin easy, approachable and accessible for all.
What We Discuss:
[00:01:14] Adam talks about his early adoption of bitcoin, his initial skepticism, and his deep dive into learning about bitcoin in 2013. [00:12:12] Exploration of historical incidents of wealth confiscation, such as the US government's confiscation of gold in 1933, and the current financial oppression in North America. [00:14:04] Explanation of the importance of being financially sovereign and in full control of one's money, with a focus on the principles of sound money and the limitations of traditional banking systems. [00:24:29] Discusses the importance of money as a medium of exchange and how it is tied to productivity and creating value. [00:28:08] Explains how Bitcoin offers a long-term solution to the current issues of reckless monetary policy and loss of purchasing power. [00:33:15] Addresses the problem of inflation and how it leads to the loss of purchasing power. Also discusses the rising costs of real estate and its potential consequences. [00:38:59] Adam talks about the limitations of using cash in Canada and how the government's elimination of the ability to use cash for transactions has created a problem. He emphasizes the potential consequences of financial censorship and the need for a free market. [00:43:07] Discussion on the possibility of broad financial censorship and how it can impact individuals and society. They also touch on the importance of financial sovereignty and the role of Bitcoin in providing individuals with control over their wealth. [00:50:07] How Bitcoin Well incorporates Bitcoin into its corporate culture, attracting individuals who value freedom and independence. [00:53:54] Emphasis on the concept of sound money and its importance, explaining how Bitcoin fulfills the criteria of sound money. [01:01:08] Discussion on the various products and services offered by Bitcoin Well, including ATMs and ways to interact with Bitcoin. [01:01:43] The goal of the Block Reward podcast to create accessible conversations about Bitcoin for people who aren't obsessed with it. [01:02:29] Block Rewards' mission of helping Canadian employers implement strategies for integrating Bitcoin into compensation and benefits is highlighted.

Are you a Canadian employer thinking about bitcoin as a tool for recruitment and retention? Visit www.blockrewards.ca to learn how we are helping companies reimagine their compensation and rewards strategies using the hardest money that has ever existed.