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

 

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-       Mike will read the top three "boosts" on the next episode

 

The Mike White Podcast: https://linktr.ee/themikewhitepod