How the Financial System is Designed to Keep You Poor | Nik Bhatia | BFM127

How the Financial System is Designed to Keep You Poor | Nik Bhatia | BFM127

Bitcoin for Millennials

Nik Bhatia is the founder of The Bitcoin Layer, a bitcoin and global macro research firm and author of the #1 bestselling book Layered Money. He is an Adjunct Professor of Finance at USC Marshall School of Business, where he teaches separate courses on fixed income and bitcoin.

› Follow Nik: https://twitter.com/timevalueofbtc

› Nik’s publication: https://thebitcoinlayer.substack.com/

› Nik on YouTube: https://www.youtube.com/@TheBitcoinLayer


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🕑 TIMESTAMPS

00:00 - Understanding Money and Bitcoin's Role

03:02 - The Education Gap in Financial Literacy

05:56 - The Impact of Inflation on Young Adults

08:38 - Teaching Economics from a Practical Perspective

09:49 - The Intersection of Economics and Social Science

10:36 - Bitcoin vs. Credit Expansion

13:10 - The Future of Money and Bitcoin's Place

15:40 - Deflation, Growth, and the Credit System

18:24 - Imagining a New Monetary Landscape

24:31 - The Shift Towards Bitcoin as a Lifeline

26:17 - Understanding the U.S. Debt Situation

30:22 - Bitcoin's Role as a Store of Value

36:12 - The Misconceptions Around Bitcoin

40:33 - Political Engagement and Bitcoin's Future

44:29 - The Role of Lending in Bitcoin's Proliferation

46:53 - Challenges Ahead for Bitcoin

49:09 - Core Beliefs and Family Values

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