Ep.94 Simplifying Bitcoin for Kids w/ Chad Blackburn

In this episode of the Programming Lions podcast, investor and expert Chad Blackburn joins us to simplify complex financial topics related to blockchain, bitcoin, and fiat currency for Gen Alpha kids. Chad shares his personal finance upbringing, concerns about national debt, and insights on alternatives like Bitcoin versus traditional financial systems. The discussion delves into the nature of fiat money, the implications of national debt, and preparing for financial challenges. With relatable analogies and practical advice, Chad emphasizes the importance of financial literacy and encourages kids to understand and secure their financial future through responsible saving and investing. Tune in to learn about Bitcoin mining, digital assets, and the potential impact of these technologies on the future

economy.

LinkedIn: https://www.linkedin.com/in/chadblackburn/

TIMELINE

00:00 Intro

00:32 Meet Chad

01:15 Journey into Bitcoin

04:50 National Debt

07:10 Fiat Money

15:12 Origins of Bitcoin

20:27 Bitcoin Mining

20:42 Role of Miners

21:31 Energy and Economics

24:45 Decentralization

25:10 Bitcoin vs. Traditional Systems

27:54 Communism and Centralized Banking

28:45 Meme coins and Crypto Equities

31:23 NFTs and Digital Assets

33:38 Bitcoin as Freedom Tech

36:21 Practical Advice

39:09 Final Thoughts