Episode 47: Dr. Jeff Pacheco – Why Bitcoin?

This episode welcomes Dr. Jeff Pacheco, a critical-thinking physician who found Bitcoin later in life after realizing it is a technological revolution. Since his Bitcoin discovery, Jeff has aggressively studied Bitcoin with the same fervor he remembers using in medical school. Discussing Bitcoin with Jeff during this podcast was thoroughly enjoyable. Our discussion is representative of the thousands of conversations Bitcoiners have with other freedom-loving individuals all over the world as we all prepare for the ultimate transition to the hardest money ever discovered.   Follow Jeff on Twitter/X: @Jeffpacheco (https://twitter.com/Jeffpacheco)   00:00 – Intro 00:51 – Boosts reads 01:16 – How Mike and Jeff met in Miami 03:10 – Jeff's back story finding Bitcoin through close friends and an investment club 04:10 – Realizing we were in a technological revolution 07:00 – Jeff and Mike's Ayn Rand appreciation connection 09:00 – Altcoin to Bitcoin only transition 10:30 – Learning about money 11:55 – Jeff's techniques for discussing Bitcoin with colleagues and friends 14:03 – "What is Money?" is the fundamental question 15:15 – Other Bitcoin personas Jeff follows 16:25 – "Meeting people where they're at." 17:15 – Protecting property rights 19:00 – Aggressively learning about Bitcoin is similar to how he aggressively learned medicine 21:22 – Wanting to discuss, and enjoying discussing, Bitcoin with others 24:50 – Love or Money? 27:38 – Bitcoin as energy 29:00 – Money is a "tool to transport value over space and time." 30:45 – Inflation discussion …"What's the temperature in America?" 33:30 – Perspectives on how fast and how the transition to Bitcoin will occur 38:20 – Bitcoin's preparedness for mainstream use 42:10 – Everything is built on IOUs 43:48 – National debt 46:20 – The world is a credit-based economy 51:40 – Durational loans 54:38 – Outro   Listen on Fountain.fm – The podcast app that pays. -       Mike will read the top three "boosts" on the next episode   The Mike White Podcast: https://linktr.ee/themikewhitepod