Bitcoin Journeys is dedicated to exploring the diverse journeys and reasons people from various backgrounds turn to Bitcoin.
Each episode of the podcast is a focused 30–60-minute conversation that centers around two main questions: What brought you to Bitcoin, and why do you invest in it?
Through this, I aim to uncover personal narratives that provide unique perspectives and bring to light how transformational of a technology Bitcoin is.
Bitcoin Journeys is dedicated to exploring the diverse journeys and reasons people from various backgrounds turn to Bitcoin.
Each episode of the podcast is a focused 30–60-minute conversation that centers around two main questions: What brought you to Bitcoin, and why do you invest in it?
Through this, I aim to uncover personal narratives that provide unique perspectives and bring to light how transformational of a technology Bitcoin is.

In this episode of the Bitcoin Journeys podcast, I am joined by brings Nik Bhatia, one of Bitcoin’s most articulate and credentialed voices. Nik is the author of “Layered Money” and “The Bitcoin Age,” founder of The Bitcoin Layer, and a former Treasury trader who operated at the highest levels of fixed income markets.
Timestamps
00:00 - Introduction and defining the start of a Bitcoin journey
02:13 - The QE rabbit hole and Zero Hedge’s early influence
05:50 - Learning about the 2008 crisis and understanding “trillions”
08:54 - The shocking scale of Citibank’s $800B bailout and Maiden Lane
11:50 - Life as a Treasury trader in the fixed income markets
16:37 - What working “inside the matrix” of Wall Street really means
17:43 - Fixed income explained: preservation of capital vs. investing
24:41 - How Nik discovered Bitcoin in 2016
26:17 - What made Bitcoin stand out as legitimate
29:38 - The “Mastering Bitcoin” moment: understanding proof-of-work
31:22 - First experiences actually using Bitcoin
34:58 - Bitcoin adoption: investment vs. technological understanding
38:48 - How Bitcoin and fiat systems coexist and evolve
41:58 - Overview of “The Bitcoin Age” and its unique perspective
45:26 - Final advice: Bitcoin vs. crypto—stay focused
Follow Nik:
Twitter/X: @timevalueofbtc
Website: thebitcoinlayer.com
Books: Available on Amazon and major retailers
Follow Me:
X: @stephan_zimm
Instagram: @bitcoinadvisory
This content is for educational and/or entertainment purposes only.
The views expressed by Stephan Zimmermann and his guests are their own and do not constitute financial advice.
Nothing in the title, thumbnail, description, or video/audio is to be interpreted as investment, tax, or legal advice.
I am not a financial advisor and do not provide financial services as defined by MiCA or other financial regulations.