LE49: What is Bitcoin and Why You Should Care! (FINCON 2016 preview)



Welcome back, fellow Liberty Entrepreneurs. This is your host, Ashe Whitener. I’m sure you are all working hard and staying busy on your projects, and I have a favor to ask you. This week’s format is a bit different. Typically I interview Entrepreneurs and learn about their projects, hear their advice and find out how they are building freedom in their own lives…but not this week…and I need your help. It’s a short podcast so please listen to the end

Ok, let’s get started…

Episode #49 – What is Bitcoin and Why You Should Care! (FINCON 2016 preview)

This week I’ve decided to give you a preview of the presentation I’m giving at the FinCon 2016 Conference in San Diego on Sept 23rd. FinCon is a big financial conference, held every year, which caters to financial bloggers, podcasters and content creators. The average age is 36 and it’s 50% male and 50% female.

They’ve asked me to be the FIRST EVER speaker on crypto-currencies and I’m really excited to present. The purpose of this episode is to give you an idea of the topics I’d like to cover and ask for YOUR feedback and suggestions.

Remember, this crowd is young, financially savvy, active on social media and basically replacing the old school, mainstream media. Although they have a background in finance and economics…many of them have only heard of Bitcoin; most likely because of Mt. Gox, the Bitfinex hack, Silk Road or that it’s only used for illegal purposes. You know, the only reasons that the establishment media has reported on Bitcoin.

I’m sure there will be plenty of people still “feeling the Bern” and I get the impression that this audience is a bit left-of-center (whatever that means these days). They hate big banks, they don’t like the Federal Reserve and they are starting to distrust the “Establishment”. Their motto this year is “Establishment is out. Experience is in”. I don’t know about you, but this seems RIPE for a proper Bitcoin introduction.

These are not necessarily technical people. It’s not a room of computer scientists, security engineers or cypherpunks. These are people who are trying to create financial content for the next generation. I mean, who under 30 listens to CNBC anymore?

Before we get started, I have an action item for all of you. Every Entrepreneur knows the importance of setting actions items and completing them…and I need your help.

**Action Item: Understanding the audience at the FinCon 2016 Conference, what do YOU think is the BEST thing about Bitcoin to help them understand why it’s so significant and such an evolution in money and finance? Why should they give **** about Bitcoin?

Ok let’s get started. I plan to open with the statement that Bitcoin was released and made available to the public on Jan 3rd 2009 with the message “Chancellor on brink of second bailout for banks”. Basically Bitcoin was released on the day that the Big Banks were getting bailed out. I believe this will catch all the “feel the Bern” people and create curiosity around WHY Bitcoin was released on this day and for this purpose. This should build a lot of rapport very quickly and I expect to capture a lot of ears with this single line.

I plan to leverage this to appeal to their “individualistic” side and gather support for “Freedom of Money” so that they don’t need to trust the Big Banks any longer. There’s another option, and it’s called Bitcoin…the “Currency by the people, for the people”. I think they’ll love that line.

The idea is to work towards the understanding that more competition in money, just like with restaurants, cars and computers, is in everyone’s best interest. If we have an option to freely choose the money we want to use, then competition can come in and continually improve things. I’ll tell them that there are currently 100’s of other crypto-currencies all doing different things and trying to attract supporters. The Freedom of Money is theirs…if they’ll only take it.

***to be continued on website***

You can help me out by:

Tweeting your ideas and feedback to @libertyepodcast

Send an email to [email protected]

Send a message to our Facebook page https://www.facebook.com/LibertyEntrepreneurs/.

Join the Liberty Entrepreneurs public Facebook group so that we can all start to network and build community together. The link is below.
Thanks again for tuning in to this special episode of the Liberty Entrepreneurs Podcast and please share it with a friend. Until next time…KEEP BUILDING FREEDOM!!


FINCON 2016 Conference – http://www.finconexpo.com

Main Facebook Page: https://www.facebook.com/LibertyEntrepreneurs/

Liberty Entrepreneur Facebook Social Group – https://www.facebook.com/groups/270702636615470/

Twitter: https://twitter.com/libertyepodcast