In this episode:

Overcoming Skepticism

• Sarah mentions a conversation her husband had with a small merchant about how Bitcoin could benefit his business.
• Sarah emphasizes that Bitcoin can be as simple or complex as a user wants it to be, likening it to other everyday tools we use.

Onboarding New Bitcoin Users

• Sarah describes her Meetup for educating people on Bitcoin basics in Cincinnati.

Sarah's info:

Contact - sarahabranscum@gmail.com

Meetup - https://www.meetup.com/bitcoin-basics-in-cincinnati/events/295454844/?utm_medium=referral&utm_campaign=share-btn_savedevents_share_modal&utm_source=link

Apps to earn sats -

Smiles (this is the step app that you get rewarded in sats for walking throughout the day)

Sudoku- 'it's a number's game' (from Viker)

Missing Letters (from Viker)

To learn more about Bitcoin: Join the Orange Hatter Women's Reading Club. Visit https://www.meetup.com/womensbitcoinreadingclubwithorangehatter

Please email questions/comments to Tali@orangehatter.com

Remember: Knowledge is empowerment! 🍊🎩

Mentioned in this episode:

Free Market Kids Short

Get your HODL UP ("The best bitcoin game ever!") at www.freemarketkids.com.

Hi everyone.

Welcome to Orange Hatter.

Today you're listening to part four of my conversation with Sarah.

we're not like people that are like the next best thing we need to have.

Because I do think a lot of people are like, why, why not just stay with money?

It's working okay.

Why not just stay with money?

I don't feel the need, like, or when I say money, why not stay

with dollars, like, credit cards?

Why not, you know, whatever.

And I'm like, well, there is something better.

There truly is something better.

And like we, we know how to appreciate tools like for their purpose and, and

even antiquated tools like, Like a phonograph, like an Edison phonograph.

Victrolas.

Like we have victrolas, but there's also things that just

work better with new technology.

And I think that's something that's really exciting to think about is like,

this is, or maybe even just like a new vo, a vocabulary to put Bitcoin in is

like, this is just a new technology.

It's just a, a new way to think of and use currency that is more

secure, holds its value and is really going to be even more scalable.

Like, we have credit cards that we can buy things online,

but the fees are crazy, right?

It, I mean, there are companies that don't even take credit cards.

Because the, it costs them too much or they charge you more.

If you're gonna use your credit card nowadays and you can't

like drive everywhere, you need to drive and give them cash.

But Bitcoin, you with the new technologies of the Lightning Network, you can

send money anywhere in the world instantly with minimal fees, like that

is, credit cards have a problem, an increasing problem that Bitcoin fixes.

Cash, you can't buy everything you need necessarily with cash because

you're just not physically there, like to take the cash somewhere.

Bitcoin fixes that too.

So it's just like this is a new technology that fixes a problem, practical problems,

value problems, and, and then there's also like the trust problems of like

inflation and all these things that happen with our current, like, monetary system.

So yeah, we, yeah, we're not like, afraid to move forward into

technology if it solves a problem.

And I think that that's something as people grow to understand and

have a felt need like we did.

I think that, I'm just hoping that, you know, the, like the vocabulary and like

you said, the perception that, like, you have to know all the technology to use it.

Like, I don't know how credit card payments are done.

I know it goes over the, the internet, but I still use my credit card, you know.

Yeah, so to, to follow up on our discussion about how to use it today...

also, I wanted to share that, you know, I've been talking to my family about

Bitcoin and they are not necessarily convinced enough to enter this space, but

occasionally I would get a picture from them texting a sign that they would see

at a window of a restaurant where they live that says, Bitcoin accepted here.

Where, where do they, like, where are they?

They live in Virginia.

So more like near DC, like, more like big city?

Yeah.

Okay.

Near DC.

Yeah.

And I think it's gonna spread.

Yeah.

I mean, and I know that there's, New York has some

places that accept Bitcoin.

New York has some New York City, like it's these big cities.

It's these financial centers that get the news things, you know, they

get the Broadway shows first and then the touring Act comes around here.

But I am hopeful and excited that as more like day by day as the demand

increases, like I think everywhere Jason goes, Do you accept Bitcoin?

Do you accept Bitcoin?

You know, like, and, and he thinks of, he, he goes to, in Ohio, I don't know

if Kentucky has these, but um, I know a lot of times in the South they don't

have these where you can drive through like a, a shed and you can get beverages,

you can get alcohol, you can get snacks.

They're, they're like drive throughs, not like a drive through at McDonald's

with like a beverage drive-through.

He is, he goes there to the, our, our local like neighborhood

one pretty much every day.

And he has talked to the guy about like, Why you should accept the Bitcoin?

You should, because here's my husband paying like $3 for a Monster Energy

drink using a credit card, but that guy is paying 5% of an already small margin.

It's like if you just accepted Bitcoin, I would drive through, I would, you know,

I would scan the QR code, I'd send you my Bitcoin, you wouldn't pay a fee on it.

You know, like you are the, and he's like, you're the perfect candidate to save 5%.

You know, as more and more people are using credit cards with these crazy high

fees on your transactions and, and he is the, the proprietor is like, no way.

No way.

I just can't trust that.

I just can't, you know, and it's, and I, I get it.

Like it's, it's, I feel like it's a similar verbiage that

people used to use with like cell phones or like the internet.

Like, no way.

No way.

Like I'm not gonna have a.

I'm not gonna connect to the, like to the internet, they'll spy on me or whatever.

It's like there's like a distrust or there's a lack of understanding,

but it's more and more people who other people perceive as,

like, normal and similar to them.

Like, like your vision for communicating that this is a technology for everyone.

And yes, there are options for deep dives, just like there's options

for deep diving into cooking.

Like I'm a, I'm a, I'm an okay cook, but I don't own a ... I I don't really need one.

I don't, you know, I have a KitchenAid.

I know my best friend swears by her KitchenAid and uses it all the time.

I just don't, I don't need it.

Like, that's not part of the, the, the kitchen arsenal.

I really need for my purposes.

And if I, I just want people like the gentleman at the drive through

and, like, my mom to understand that you don't need to run your own node.

You don't need to mine, you don't need to do all that.

Like, it's really interesting.

It's cool it, you know, but for your purposes, If you're just a transactional,

like you just need your, you need money to spend, to get, to get paid

in, to spend and to store as a store value, you can stop right there.

Like that's, that, it does all that.

It does all that, and it does it better.

I don't know.

It's exciting.

It's exciting, but it does, it will take a lot of...

I mean, what is it, the three, the three topics that married people have the most

conflict over are sex, time, and money.

You know, money is so close because it's how we provide for ourselves, it's how we

live, it's how we transact with the world.

And there should be some healthy security and healthy education that goes into

where you're gonna put your resource.

So, but I would just really encourage people to not move forward with

blinders on and just like, 'cause this is the way it's always been.

And anything I can do to help create an accessible on-ramp

educationally for people so that they feel confident about it...

like, I don't want anyone to like, not feel confident when they make

a decision about their money.

You know?

Because it's very, very important.

Same thing with like time.

I don't want people to waste their time like, so I want them

to think through that so that they don't regret decisions they make.

So, yeah, but it is about, I think, making clear that there is an on-ramp,

it's not a cliff you jump off of.

It, it can be a, a growing educational on-ramp.

Yeah.

Let's jump right into, uh, what we talked about before.

You are wanting to start a group to onboard new Bitcoiners.

Yeah, so like I said, we live in Cincinnati and at this point

I do not believe that there's, we have yet to find a merchant that

accepts Bitcoin here in Cincinnati.

And I mean, just last week I was talking to my neighbor about Bitcoin, came up in

the context of a cartoon that the Tuttle twins cartoon that my girls had watched.

And she was like, what?

What is Bitcoin?

And I was just like, you know, I was like, what do you mean, what is Bitcoin?

And she's like, I mean, I've heard it, but...

I've heard the term, but I don't really know.

Is that one of those like cryptocurrencies?

And I was like, well, kind of, it's, it's like a foundational

technology that you know, and I just realized I had to dial back.

I was like, let's talk about money.

You know?

So I keep having these conversations with people who maybe have heard

about of Bitcoin or they haven't they, they're like, what is that?

And I want to start a group.

I want to give people an opportunity to come together kind of for a Bitcoin

basics educational opportunity, you know, meet people, other people who are at

different levels of interest in education and learn the absolute basics of Bitcoin

from Why did this even need, why did somebody perceive the need for Bitcoin?

Like, what's the problem that this fixes?

How does this fix it in super, like, you know, general terms, like the

difference between like hard money that is hard to make versus soft

money that can get printed and then has the, this huge risk of inflation.

Like very simple terms, economic macroeconomic terms, and, and then kind

of how, so how does this apply to you?

Is, is your level of perceived need a store of value?

Do you see your savings account, not, not increasing because of

inflation and adjusted measurements?

Or are you a merchant who's paying ridiculous credit card fees and you're

like, wait a minute, if I can create a core of customers who are willing

to pay in Bitcoin, I won't be paying credit card fees for them anymore.

You know?

Like that kind of, where does this fit in my life?

And then, yeah, like there are people in our community here who are deep

divers who went down the rabbit holes of the hardware and the security of

the network and, like, all that stuff.

And like, connecting people who are interested in...

with those folks.

Like there are people who are particularly concerned about privacy

and there are tools and resources and educational materials available for that.

There are people who are interested in how Bitcoin applies to, like, investing

and financial services and stuff, and, like, there are people that are interested

in that and can give more information.

But I want to just create a space where the basic information can be answered and

applied to people where they're at now.

So our trajectories we're, we're, we're hoping we're gonna host a Meetup, we're

gonna use the Meetup platform to just kind of put out a general invitation

to folks to come and hear Bitcoin basics: what is it and what's it for?

You know, that, that level of engagement.

And you know, come buy a beer.

We're gonna meet at a local brewery.

Buy a beer and get some questions answered.

Or just, you know, come and hang out and even passively take in

information about this new technology.

And hopefully that'll turn into a regular thing, a monthly even opportunity.

And we could, we would eventually partner with some of the more technologically

advanced people to say, oh, and if you're interested in this, you know there's

this happening or, and then within the greater community, connect people with

resources for their particular interests.

Thanks for joining us today and learning with us today.

If the discussion with our guest resonated with you and you would

like to dive deeper into the world of Bitcoin, don't miss out on joining the

Orange Hatter Women's Reading Club.

The Meetup link is in the show notes.

Also, if there are women in your life whom you think will both enjoy and

benefit from learning more about Bitcoin, please share Orange Hatter with them.