In this episode of Sat Chats, we welcome Dr. Jamar Montgomery—a child genius, triple-degree holder, and former government engineer turned Bitcoin advocate. Jamar first learned about Bitcoin in 2011 while holding a U.S. security clearance but waited years before diving deep. What started as an interest in Ethereum led him into the heart of Bitcoin—and into a mission to empower Black Americans and other underserved communities through sound money.
We unpack:
✅ What fractional reserve banking really is—and why it matters
✅ The difference between the monetary system vs. the financial system
✅ How Black sharecroppers created their own currencies pre-Civil War
✅ Why Bitcoin is more portable and powerful than gold
✅ What freedom actually costs—and how Bitcoin delivers it
Chapters
00:00 Episode Preview
01:13 Sat Chats Welcome & Episode Intro
02:37 Dr. Jamar Montgomery's Bitcoin Journey
05:38 Understanding Money and Value Networks
08:30 Bitcoin vs. Traditional Currency
10:51 Historical Context of Currency in America
14:05 Empowerment Through Bitcoin for the Black Community
16:43 The Importance of Financial Literacy
19:36 The Role of Bitcoin in Economic Independence
28:32 Understanding the Monetary and Financial Systems
30:45 Fractional Reserve Banking Explained
34:56 The Consequences of Debt and Control
40:12 The Complexity of Money and Trust in Banking
41:22 The Importance of Financial Decisions
45:56 Empowerment through Bitcoin and Value Networks
48:15 Dr. Jamar's Journey and Future Insights
From buttons-as-currency to battles with bank debt, Dr. Jamar lays out a visionary path for creating value networks that are permissionless, empowering, and global. He walks the walk—choosing 46,854 sats over $50 and stacking them with a side of Ithaca’s Lemon Garlic hummus.
Support Sat Chats directly by:
— Zapping Lightning to satchats@getalby.com
— Grabbing your slot in the studio today at https://satchats.com/
— Sending Bitcoin to bc1q5yrwe6qxujzumg5j28g0rvckx9n859sa08fupc
Links for today’s Show Notes:
— Jamar’s Website: https://drjamarmontgomery.com
— Socials: @DrJamarMontgomery on TikTok, Instagram, YouTube, and Twitch
