Today, I talk with Aaron Lasher, an early bitcoin investor and Chief Strategy Officer at Breadwallet (BRD), one of the most popular crypto wallets today (of which I’m a proud user – highly recommend it, check it out).

In his mission to make bitcoin available to everyone, Aaron takes us on a short history tour and shares his thoughts on what the future holds in store for cryptocurrencies. He calls himself an “immediate devotee” and “a sort-of amateur Angel investor” after getting a taste of bitcoin.

I’ve always just been fascinated with this idea that you can discover things that are true but you have no idea how it’s going to interact with the real world.

Aaron Lasher

From “funny money” (a sort of a code word for national currencies that stuck) to doing everything you can do with your bank right now but in a decentralized, permissionless way with bitcoin, Aaron talks about his current work and predicts future movements within the crypto world, as well as laments on decisions and failures that are part of the journey every successful entrepreneur makes.

The most exciting thing for my today’s guest is more people moving their money and their wealth into bitcoin and other cryptocurrencies. Aaron believes the current system doesn’t serve the interest of the public, and it’s a point he feels strongly about (just listen to him riffing on student loans).

Now a father of two, it’s safe to say his exciting sailing adventures are over but being a working dad doesn’t stop him from being actively involved with Breadwallet and keeping a close eye on bitcoin development. Let’s hear what Aaron has to say about it!

In this episode you’ll discover:

1:08 – Aaron talks about how Breadwallet started and how his background affected his decisions to get involved with cryptocurrencies.

06:07 On what sets Breadwallet apart from the rest of the wallets: three guiding principles.

6:54 The thing Aaron is most excited about when it comes to future Breadwallet endeavors (there’s some champagne involved).

8:35 On the three main revenue streams from where the money comes from and the processes behind them.

10:51 What Aaron sees as the biggest misconception people have about Breadwallet

13:22 Lookin back on the choice Breadwallet made after the great bitcoin divorce in 2017

14:57 One Breadwallet feature people should be really excited in the future (there’ll be a couple of surprises, too).

17:37 Why Aaron thinks security tokens are the next big thing in the crypto space and what excites him the most.

21:29 How bitcoin will help economically; the example of student loans.

25:45 The advantage of online education compared to going to college.

27:05 What infrastructure bitcoin needs to fully go mainstream.

28:34 Aaron talks about what excites him the most when it comes to bitcoin development

30:46 If Breadwallet is planning on implementing the Lightning Network

32:02 What other country could Aaron live in?

33:12 The biggest opportunities today for entrepreneurs

34:39 Aaron provides a most unusual example of entrepreneurship done right

Key takeaways

(On Breadwallet) The core mission is to financially liberate the individual.

We’re making a big bet that security tokens could be a thing. I think there’s a lot of evidence pointing in that direction.

Most people don’t know how money works.

(On necessary bitcoin infrastructure) I think it’s simply people waking up and saying: “I need to have 1% of my net worth in bitcoin.”

If you find governments in sync, just turning on the oppression machine, then bitcoin probably needs to go underground, so to speak.

(On bitcoin development) The #1 pressing need is to address scaling.