In this episode, John Ratcliff, a bitcoin blockchain analytics pioneer and early bitcoin adopter since 2013, explores the extremity of bitcoin scarcity. John shares his extensive background as a game developer and how he initially began to understand bitcoin. He discusses the similarities between early game development and bitcoin's block size limit, as well as the interesting connection between bitcoin and freemasonry. The conversation also covers topics like Modern Monetary Theory (MMT), UFOs, and the mindset needed to analyze the bitcoin blockchain. Listeners will learn John’s perspective on bitcoin price models, the true scarcity of bitcoin, and practical advice for young people incorporating bitcoin into their lives.SUPPORT THE PODCAST:→ Subscribe→ Leave a review→ Share the show out with your friends and family→ Send us an email podcast@unchained.comTIMESTAMPS:00:00:00 Introduction00:01:35 John’s background as a game developer and 2013 bitcoiner00:02:57 Did being a video game developer help you understand bitcoin?00:07:38 John’s catalyst to understanding bitcoin00:11:42 Money or markets within video games00:13:05 Resource constraints in bitcoin and early game development00:19:39 Bitcoin video games00:20:17 You’re a freemason–what is a freemason?00:23:29 Bitcoin and freemasons00:27:19 Do MMTers actually believe what they say?00:29:26 UFOs, aliens, and open mindedness00:34:30 Analyzing the bitcoin blockchain00:51:00 How scarce is bitcoin01:05:18 Bitcoin price models—S2F and power law01:06:16 Advice for young people making bitcoin a part of their life01:14:20 Something you believe that most holders of bitcoin would disagree?WHERE TO FOLLOW US:→ Unchained Twitter: https://twitter.com/unchainedcom→ Unchained Linkedin: https://www.linkedin.com/company/unchainedcom → Unchained Newsletter: https://unchained.com/newsletter → Joe Burnett’s Twitter: https://twitter.com/IIICapital→ John Ratcliff’s Twitter: https://x.com/jratcliff