The "What is Money?" Show

Yaron Brook joins me for a discussion on Ayn Rand’s philosophy of Objectivism where we discover how Reason has created progress, freedom, and the pursuit of a good life. This series will loosely follow Ayn Rand's written work "The Virtue of Selfishness."Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/ GUESTYaron’s Twitter: https://twitter.com/yaronbrookYaron’s Show: https://yaronbrookshow.com/The Virtue of Selfishness: http://ikesharpless.pbworks.com/f/AynRand-TheVirtueofSelfishness.pdf PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400 Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYI Transcript: OUTLINE00:00:00 “What is Money?” Intro00:00:08 Morality is Objectively True, Reality Snaps Back at You00:03:11 The Guide to Human Success is Constant Knowledge Acquisition and Refinement00:09:52 Discovering Reason Brings Us Out of a Mindless, Dull “Paradise”00:15:20 Reason Creates Morality With the Choice of Good and Evil00:18:50 Evil Takes Many Forms: Banishing Access to Truth00:23:47 How Governments Have Dehumanized Groups of People00:29:33 NYDIG00:30:41 For the State to Grow it Must Appeal to Anti-Reason, Fear, and Emotion00:35:53 Yaron's Concept: Separate State From Economics, Education, Healthcare, and Ideas00:40:19 Achieving The Hypothetical Concept with Better Ideas00:47:07 Is the Problem With The State or With People That Don’t Reason?00:52:11 Pursue Self-Interest Without Overstepping: “Someone’s Success is Not My Loss”00:56:53 Rand Linked Mathematics With the Formation of Concepts01:00:00 “What is Money?” OutroSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22 WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/ WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=true RECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Author James Davidson joins me for another conversation exploring topics from his prescient book “The Sovereign Individual."Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/ GUESTJames’ Investment Newsletter: https://strategicinvestment.com/page/str/ PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400 Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYI Transcript: OUTLINE00:00:00 “What is Money?” Intro00:00:08 The Overlap of Economic, Political, and Mega-Political Games00:08:35 Considering Cyber Warfare and the Current Russia-Ukraine Turmoil00:15:33 Did Russia Not Anticipate the Suspension of SWIFT?00:20:37 Predicting Bitcoin as the Ultimate Offshore Bank00:26:20 21st Century Taxpayers "Growing Wings"00:32:14 Will Bitcoin Co-Exist With Fiat?00:37:04 “Efficiency Will Become More Important Than the Dictates of Power”00:47:06 The Scale of Violence Changes in a Cashless World00:58:37 NYDIG00:59:45 The Connection of Microbes and Technology as Mega-Political Variables01:06:16 “People Have a Way of Knowing When Their Bread is Buttered”01:11:04 Smaller, Micro-Processed Entities Will be More Efficient Than Nation-States01:23:19 How Would We Reach a Point of Dissolution?01:28:53 Pension Will Become a Lesser Factor in Decision-Making01:35:53 Bitcoin Will Transform Violence-Dependent Democracy01:41:07 Register with James for Success-Backed Forecasting01:46:55 “What is Money?” OutroSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22 WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/ WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=true RECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

James Davidson joins me to discuss themes from his book “The Sovereign Individual” that touch on mega political variables, changing powers in the world, and predictions of his about the 21st century. This conversation is a re-airing that was originally released on Real Vision.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/ GUESTJames’ Investment Newsletter: https://strategicinvestment.com/page/str/ PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400 Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYI Transcript: OUTLINE00:00:00 “What is Money?” Intro00:00:08 Introducing James Davidson’s Book “The Sovereign Individual”00:03:30 Governance Structure Scale: Gunpowder and Violence00:08:48 Rules Instead of Rulers Will Render Institutions Anachronistic00:14:32 Being Sovereign Individuals in the Era of Decentralization00:20:19 Market Forces Driven by Bitcoin Post-Industrial Capitalism00:28:40 Will Encryption Lead Us to a More Peaceful World?00:33:54 NYDIG00:35:02 States and Crony Capitalists Fight For Relevance in the Digital Age00:42:35 Modern Censorship and how “Cancel Culture" is Really Stupid00:48:09 James’ Thoughts on the Accelerated Pace of Cryptocurrency Adoption00:54:14 Predicting City States and Modern Healthcare01:01:22 A Brief Discussion on James’ Writing and Past Market Predictions01:07:04 “What is Money?” OutroSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22 WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/ WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=true RECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Brandon Quittem joins me for a discussion to deconstruct the often misunderstood relationship between energy and Bitcoin. This conversation also touches on points from Brandon’s article “Bitcoin is a Pioneer Species” where he uses an ecological framework to map out the abundant future of Bitcoin mining. (apologies: we lost Robert's camera footage on this episode)Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/ GUESTBrandon’s Twitter: https://twitter.com/BquittemBrandon’s Writing: https://brandonquittem.com/Bitcoin is a Pioneer Species: https://medium.com/the-bitcoin-times/bitcoin-is-a-pioneer-species-38f42ecdbb88 PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400 Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYI Transcript: OUTLINE00:00:00 “What is Money?” Intro00:00:08 Why Use Biology and Evolution as a Lens for Bitcoin Mining?00:05:23 Energy Kickstarts Life, Wealth, and Bitcoin00:10:10 Who is the Scapegoat for Blame in an Unevenly Distributed Economy…00:15:08 “Bitcoin Mining is Everything You Don’t Understand About Energy”00:20:01 Disconnecting More Energy as More Pollution00:24:31 Kearney, Nebraska: A Town Benefiting from Bitcoin Mining00:28:01 Three Unique Traits of Bitcoin Miners as Attractive First and Last Resort Energy Buyers00:35:33 How Bitcoin Miners Act as a Pioneer Species to Resurrect Deserted Land00:38:43 Complex Systems Come From Accumulated Trade and Exchange00:42:36 Traditional Cities and Network States: Parallels of Succession in Modern Society00:49:42 Bitcoin Energy Sponge: More Energy is Wasted Than Consumed on an Average Day00:56:06 The Great Spreading Out and the Concept of Self-Sovereign Network States01:03:31 NYDIG01:04:39 The Carrot to Warfare is Smaller in the World of Network States01:09:23 Bitcoin Incentives and the Moral Equivalent of War01:13:30 A Fatal Deceit is That Policy is the Only Way to Order01:18:00 The Mining Synthesis Monetizes Energy for an Abundant Future01:25:17 “What is Money?” OutroSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22 WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/ WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=true RECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Mike Hill joins for me for a multi-episode exploration of the masterful book “Lila: An Inquiry Into Morals” written by best-selling author Robert Pirsig. This book may be one of the most undervalued ever written, as it proposes an alternative interpretation of reality that Pirsig calls “The Metaphysics of Quality” (MOQ). According to MOQ, reality is not made up of substance, but rather it is composed of distinct patterns of value. In a Copernican-like revolution of perspective, MOQ sheds new light on age-old debates such as moral relativism, the nature of subject-object duality, good vs. evil, science vs. religion, the importance of freedom, and the primacy of action.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTMike’s Website: https://www.mikehill.design/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 A Purpose of Evil is to Test the Integrity of the Good00:06:09 Christ on the Cross as Emblematic of the Dynamic Tension of Being Human00:07:37 Society Frees Individuals from the Biological Chains of Necessity00:10:28 The Dynamic Tension Between The Individual and Society00:14:35 Authoritarian Government as a Wolf in Sheep’s Clothing00:16:54 Evaluating the Sovereign Individual through the Lens of MoQ00:19:55 “Every Consciousness is a Center of the Universe”00:22:16 A High Quality Socioeconomic System Assimilates a Maximal Quantity of Perspectives00:25:25 A Human Being is a Collection of Ideas…00:27:07 NYDIG00:28:15 The Dynamic Tension Between the Biological and Social Layers00:32:30 The Role of Totalitarianism in the Bootstrapping of Societies00:36:22 Conditions of Oppression as a Precursor to Liberation00:39:09 Nietzsche’s Three Metamorphoses: The Camel, The Lion, and The Child00:43:17 “The Moral Equivalent of War” and Life as Disobedience to Gravity00:46:35 The Dynamic Tension Between Central Banking and Bitcoin00:51:57 What Happens after The Lion Becomes The Child?00:53:31 “What is Money?” OutroSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Tuur Demeester joins me for a conversation on philosophy, argumentation ethics, and the 4 causes of conflict and universal solutions in relation to property and self-ownership. Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/ GUESTTuur’s Twitter: https://twitter.com/TuurDemeesterTuur’s Writing: https://tuurdemeester.medium.com/ PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400 Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYI Transcript: OUTLINE00:00:00 “What is Money?” Intro00:00:08 Are We Philosophical or Philosophers?00:06:41 Tuur Reflects on How Philosophy and Bitcoin Entered His Life00:13:42 “The Most Painful Thing to Lose Are Illusions”00:20:20 Touching on the Root of Fiat as an Expression of Fear00:23:20 Tuur Demystifies the Way to Study Philosophy00:27:48 Reading is Not Page 1 to Page 100: Deviate, Target, Access Multiple Sources00:34:26 The Value of Books That Are Not Bestsellers00:38:16 Where Does Knowledge Go if it is Only Thought and Not Conveyed…00:44:21 Defining the Philosophy of Law Ties in With Political Philosophy00:49:40 Touching on the Paradox of Contract and Conflict00:52:55 Philosophers Behind Argumentation Ethics and the Universal Causes of Conflict00:56:05 Fighting Over a Steak: 4 Causes of Conflict and 4 Universal Solutions Explained01:03:44 Applying Universal Solutions to Humanize Political Factions01:07:15 Left/Right is a Useful Fiction for the Collective Narrative, Not the Individual01:11:41 Scale Variance of Compassion and Unity in Human Society01:15:20 Cultural vs. Individual Software: One is Necessary, One is Self-Autonomy01:25:34 Do We Self-Program to Fear or Reciprocal Love?01:28:53 NYDIG01:30:00 Revisiting Fiat as an Expression of Fear01:33:50 Property in Relation to Individual Self-Ownership: Are We Self-Owned?01:42:53 The Printing Press Revolution Undermined Knowledge via Dialogue01:45:50 Arguing Against Self-Ownership is Arguing For Self-Ownership01:51:12 Navigating the Territory of Property in a Collective Setting01:56:10 Revisiting the Paradox of Contract and Conflict with Consensus02:03:44 Bitcoin as a Proxy for Universal Solutions That Shrinks Conflict Space02:07:39 “What is Money?” OutroHighlight (00:56:05) to (1:03:44)SOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22 WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/ WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=true RECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

My friend and fellow student of money codenamed "Lester" joins me for a multi-episode conversation exploring the excellent book "The Twilight of Gold" by Melchior Palyi.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTLester's Twitter: https://twitter.com/ProgrammableTxBOOKThe Twilight of Gold: https://archive.org/details/twilightofgold190000paly/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 The Role of Short-Term Capital During the Gold Exchange Standard00:06:01 The Nature of Self-Liquidating Loan Instruments00:08:24 “We are Walking the Currency Toward the Graveyard”00:10:44 The Liquidity Principles of Banking00:14:19 The Emergence of Elongated Debt Maturation Structures00:19:06 Debt Restructuring as a Means of Delaying and Exacerbating Volatility00:20:07 NYDIG00:21:15 Debt Restructuring Hiding Many Modern Financial Problems00:24:57 The Political Convenience of Debt Restructuring00:28:40 “Every Monetary System Will Always Be Under Attack…”00:32:16 People are Always, Everywhere Looking for Every Loophole to Exploit00:37:00 Liquidity is the Real Social Safety Net; Bailouts are a Scam00:41:27 The Two Big Sources of Inflation in the World: Governments and Bank Credit00:43:39 The “Lender of Last Resort” Model Destroys the Real Social Safety Net00:46:51 The Self-Defeating Nature of Aiming at Price Stability…00:47:36 “What is Money?” OutroSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Yaron Brook joins me for a discussion on Ayn Rand’s philosophy of Objectivism where we discover how Reason has created progress, freedom, and the pursuit to a good life. This series will loosely follow Ayn Rand's written work "The Virtue of Selfishness."Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/ GUESTYaron’s Twitter: https://twitter.com/yaronbrookYaron’s Show: https://yaronbrookshow.com/The Virtue of Selfishness: http://ikesharpless.pbworks.com/f/AynRand-TheVirtueofSelfishness.pdfPODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400 Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYI Transcript: OUTLINE00:00:00 “What is Money?” Intro00:00:08 Introducing Ayn Rand’s Virtue of Selfishness00:06:00 To Be Or Not To Be: The “Is” and “Ought” On Leading A Good Life00:09:55 Inducing Principles of Ethics from the Post-Industrial Revolution00:14:18 A Permissionless Society Creates Freedom and Innovation00:19:42 Reason Reveals Itself in the 18th Century00:23:11 The Flywheel Effect of a Free and Flourishing Society00:29:46 NYDIG00:30:55 A Moral Life is One That Pursues Self-Interest00:33:14 Reason is Objectivity: Observe, Deconstruct, Abstract, and Manipulate00:39:30 “The Price of Freedom is Constant Vigilance”00:45:45 When Force is Applied Reason Becomes Obedience00:49:52 An Ideal Society of Operationalized Individual Rights00:53:26 Rights are the Freedom of Action for Life, Liberty, and the Pursuit of Happiness00:57:09 Living is a Long-Term Project in the Good Place01:02:37 “What is Money?” OutroSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22 WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/ WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=true RECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Social scientist Hotep Jesus joins me to share his thoughts on how society has been steadily fed a pre-fabricated narrative and how he uses desire, discipline, and direction to reshape his own. Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTHotep’s Twitter: https://twitter.com/HotepJesusHotep’s Website: https://bryansharpe.co/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400 Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYI Transcript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 Why Emotionally Charged News Hook Better Than Facts00:05:30 The Standard Narrative of Pop Culture and Education00:10:49 Culture Influences Economics Which Informs Social Change00:13:45 Are We Creating a Less Intelligent Generation?00:17:05 Is Standard Education Part of a Long-Term Power Control Structure?00:21:35 Advice From an Autodidact: “Live Like Somebody Is Taking Away Your Time”00:24:10 Understand General Health and You Understand the Economy00:27:06 Communism: Take an Emotional Argument and Weaponize It00:32:13 NYDIG00:33:20 “The Power to Change the Rules is the Power to Win in Perpetuity”00:37:24 Would You Rather Create Your Boardroom or be a Player?00:47:56 Build Desire and Discipline But Always Follow Direction00:53:52 “If You Don’t Have Self-Discipline, Someone Else Will Discipline You”00:56:35 The “Money Man” of History Has Always Played the People01:02:15 Demonstrate Don’t Explicate: Build Yourself Instead of Arguing01:06:08 "What is Money?" OutroSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Mike Hill joins for me for a multi-episode exploration of the masterful book “Lila: An Inquiry Into Morals” written by best-selling author Robert Pirsig. This book may be one of the most undervalued ever written, as it proposes an alternative interpretation of reality that Pirsig calls “The Metaphysics of Quality” (MOQ). According to MOQ, reality is not made up of substance, but rather it is composed of distinct patterns of value. In a Copernican-like revolution of perspective, MOQ sheds new light on age-old debates such as moral relativism, the nature of subject-object duality, good vs. evil, science vs. religion, the importance of freedom, and the primacy of action.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTMike’s Website: https://www.mikehill.design/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 Seeing Quality or Excellence as the Ultimate Reality00:06:07 Human Egotism and Our Failure to Understand the Universe…00:09:01 The Connection Between Quality and Resolution00:12:52 Money as the Most Dynamic Static Representation of Value00:14:59 An Excellent Performance Exists as the Bleeding Edge of Order and Chaos00:17:23 The Pioneers Taking Arrows in the Back in Pursuit of Excellence00:20:02 NYDIG00:21:10 Analogizing Metaphysical Perspective to Selecting the Right Map for the Job00:24:55 Metaphysics of Quality and its Role in the Destruction of Moral Relativism00:28:59 Introducing Pirsig’s Platypus Paradox…00:32:12 The Platypus Blew Out Biological Categories and Led to a Procrustean Bed00:35:51 Light as a Phenomenological Representation of Pure Dynamic Quality00:38:03 “The Whole World as a Marketplace of Kingdoms within Kingdoms within Kingdoms…”00:40:19 Life as a Strategy Stack with an Overarching Aim of Territoriality00:43:37 Property as an Abstract Expression of the Extended Human PhenotypeSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Economist Denise Hearn joins me for an in-depth conversation that delves into the many faces of the economy and value—we discuss the slippery definitions of wealth, cognitive awareness, and how these concepts relate to the individual.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTDenise’s Twitter: https://twitter.com/denisehearn_Denise’s Newsletter: https://embodied-economics.ghost.io PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400 Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYI Transcript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 Introducing Denise’s Work on Anti-Monopoly00:03:12 Traditional Proxies of Economic Value and Power00:10:10 Downward and Upward Causations in Markets00:14:55 Internal Influences External: How Societal Values Shape Cities00:21:21 A Blind Man and a Moth: Extending the Cognitive World Beyond the Human Body00:28:22 Deciphering Real and Unreal in a World of Schrödinger’s Cat00:35:05 Using Rational Choice Theory Why Would Someone Buy a Purse Made of Trash?00:41:52 Dissecting Physical Power and Political Power00:48:34 Growthless Asset Maximization: How Companies Make Money00:53:49 Concentrated Industries and Monopoly Puts Power in Fewer Hands00:57:58 Is it too Simplistic to Create Policies Around a Core Productivity Metric?01:05:28 Incentivizing Consumption By Placing a Tax on Currency01:11:06 Centralization and Decentralization: The Systole and Diastole of Human History01:18:28 Bitcoin Incentivizes Wealth Acquisition via Self-Production01:22:23 Are Bitcoin and Smart Contracts a Window to a New Governance Model?01:27:47 NYDIG01:28:54 “Bitcoin is Optimized for the Self-Interest of Holders”01:33:05 Trust as a Concept for the Meta-Narratives of Our System01:43:08 Do We Act Out of Self-Interest or for the Collective Benefit?01:47:57 How Would We Implement the Building Blocks of an Optimized Collective?01:52:44 Identifying the Proxy for Wealth as Knowledge and Capital02:00:09 Measuring Productivity and the Individual: Is it still of Value if it is Unseen?02:04:44 Is Life Happening Within a Simulation02:11:08 Questioning Life Detracts from What it Means to Be Alive02:16:02 "What is Money?" OutroSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

My friend and fellow student of money codenamed "Lester" joins me for a multi-episode conversation exploring the excellent book "The Twilight of Gold" by Melchior Palyi.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTLester's Twitter: https://twitter.com/ProgrammableTxBOOKThe Twilight of Gold: https://archive.org/details/twilightofgold190000paly/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 Summarizing the Intricacies of the Gold Standard00:05:48 Interest Rate Manipulation and the “Race to Debase”00:09:53 Monetary Manipulation and the Inevitability of Balance of Trade Breakdowns00:15:11 The US Dollar Hegemony and the Evisceration of its Domestic Industrial Economy00:19:32 When Money is Sound, Economic Organization is Largely Apolitical00:22:53 The Inflexibility of the Gold Standard Gave Banks the Freedom to Operate Sustainably00:27:06 Is the Prevalence of Debt is Inverse to the Portability of Money?00:32:06 Commercial Debt as a “Tokenization” of the Delivery of Products and Services00:34:57 World War 1 as an Accelerant to the Politicization of Money00:40:16 NYDIG00:41:24 A Radical Shift in Schelling Points from a Gold to a Fiat Standard00:46:17 The Modern Specter of Both Inflation and Deflation…00:49:49 Exploring an Inflection Point from an Old to a New Monetary System00:56:00 How a Market for Borrowing Will Emerge on a Bitcoin Standard…01:02:07 The Advantage of a Liquid Money Market01:07:22 Saved Capital is a Narrower Limit on Production than Knowledge and Technology01:10:45 “What is Money?” OutroSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Comedian and YouTube star JP Sears joins me for a freestyle conversation on the principle of freedom, how we must safeguard it, and why it is indispensable to life lived fully.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTJP’s Twitter: https://twitter.com/AwakenWithJPJP’s Website: https://awakenwithjp.com/Zion Network: https://www.getzion.com/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400 Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYI Transcript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 Bringing Life, Liberty, and Property into the New Paradigm00:03:46 “A Jail You Don’t Know You’re In”: What is Mass Formation Psychosis?00:08:30 “Inflation is Legalized Counterfeiting; Counterfeiting is Criminalized Inflation”00:11:35 The Incentive Blindness Surrounding Fiat00:15:55 Are We the Victims to a Morally Camouflaged State?00:21:43 Kill the Jester, Kill the Truth00:28:35 Bypassing the Defenses of Our Opposition with Comedy00:33:31 Identifying and Breaking From the Trance in Our Lives00:38:12 The Twisting Morality of Our Institutions00:45:07 JP Recalls the Moment He Knew He Had to Safeguard Freedom00:48:55 NYDIG00:50:02 “There’s Plenty Worse Than Death”: Violation of Freedom, Submission to Control00:55:42 Those Who are Not Threatened by Death Will Appreciate Life01:00:01 Fear Enslaves Us to Control; Do Something That Provokes Fear01:11:18 Freedom Convoy Case and Decentralized Networks Like Zion01:20:00 JP’s Thoughts on Bitcoin From a Pyramid Scheme to Becoming “An Answer”01:21:40 Joe Rogan Case Study: How Zion Functions on Non-Censorship and Self-SovereigntySOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Indonesian Bitcoin specialist and educator Dea Rezkitha joins me for an in-depth conversation into how money has shaped historic political and economic power structures in Indonesia. Dea also looks forward to how Bitcoin can provide people with self-agency and greater resilience.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTDea’s Twitter: https://twitter.com/dearezkithaDea’s Linktree: https://linktr.ee/dearezkithaDea’s Podcast: https://open.spotify.com/show/26NeuEmwYtb3iMnp2IFKyp?si=a34a81ad7a6342afKelas Bitcoin: https://kelasbitcoin.com/My Bitcoin Story: http://bit.ly/MyBitcoinStoryPODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYI Transcript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 Kelas Bitcoin as an Indonesian-centric Resource for Bitcoin Newbies and Enthusiasts00:03:47 Dalio’s Framework of The Big Cycle: Rises and Declines of Big Empires00:09:47 Money as a Factor and Tool in the Changing World Order00:12:16 The History of Indonesia as a Trading Port00:17:37 How the Dutch Gained Control By Establishing VOC as the First Publicly Traded Company00:22:00 NYDIG00:23:08 How VOC as a Sovereign Power Built the Boats to Riches00:28:55 Exploitation Using Short-Term Incentives To Create More Plantation Workers00:33:32 “If You Can Control The Money, You Can Sculpt History”00:40:35 Indonesia Transitioning From a Dutch Colony to the Japanese Occupation00:51:40 Destabilizing the Indonesian Rupiah to Reclaim it as a Colony00:58:17 Economic Consequences of Indonesia Having To Pay a 4.9 Billion Dutch War Debt01:05:42 Constant Debasement of Rupiah Creates Hyperinflation of 500% in 196601:10:55 The State Grows while Money Associated with Capitalism Declines01:14:58 Foreign Investment Opens with Cascades of Corruption and Control01:19:53 “Life Finds a Way”: The Dynamic Nature of Markets During Booms and Busts01:24:48 1997-98 Mark Larger Economic Contractions, Civil Unrest, and Political Fallout01:28:54 Production vs. Consumption: Indonesia as a Microcosm of The Big Cycle01:34:34 Post-Asian Financial Crisis and the Next Changing Order Away From Fiat01:40:15 60% Unbanked in Indonesia: A Hole That Bitcoin Can Fill01:43:51 Bitcoin is Boring Money: Safe, Resistant, and Harder to Confiscate01:50:46 Indonesia is at a Crossroads Between CBDC and BitcoinSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

My friend and fellow student of money codenamed "Lester" joins me for a multi-episode conversation exploring the excellent book "The Twilight of Gold" by Melchior Palyi.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTLester's Twitter: https://twitter.com/ProgrammableTxBOOKThe Twilight of Gold: https://archive.org/details/twilightofgold190000paly/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 Peel’s Act: The Original Bitcoin, With a Few Exceptions…00:04:33 Satoshi’s Creation has Been Sought by Humanity for Centuries00:08:00 21M Bitcoin: Finally, Something Humanity Can Agree Upon00:09:25 Running a Full Node is Equivalent to Convertibility on the Gold Standard00:10:48 How Network Effects Propelled the Gold Standard00:14:53 International Trade Required Gold Deposits Within Each Country00:15:33 Bitcoin as the Ultimate Ulysses Contract00:18:17 A Bitcoin Full Node is Subversive to Commercial Banking00:20:20 “There’s One Economy in the World, and It’s the World Economy”00:22:07 The Three Flavors of the Gold Standard00:26:15 NYDIG00:27:23 The Balance of Trade and the Directionality of Gold Flows00:38:31 An Example of an Exporter Banking on a Gold Standard00:42:11 How Interest Rates Were Used to Manipulate Gold Flows00:45:56 The Beauty of an Idealized Gold Standard…00:49:54 The Titanic Trade Imbalance Accumulated Since 197100:51:37 An Unwitting Twisting of Incentives Across History…SOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Jason Lowery from the US Space Force joins me for a multi-episode series exploring the first principles of physics, the ubiquity of organic power projection, and how Bitcoin changes the game.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTJason's Twitter: https://twitter.com/JasonPLoweryPODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 “Operational Effectiveness” vs. “Competitive Strategy” of Bitcoin Mining00:04:42 Competitive Strategy is Detected by What the Opponent is Not Doing00:08:59 The Point of Defense is to Increase the Energy Footprint of the Network00:11:34 Proof-of-Stake vs. Proof-of-Work00:16:11 In the Event of a 51% Attack on the Bitcoin Network…00:20:45 The Glaringly Obvious Problems with Proof-of-Stake…00:26:35 Bitcoin is a System that Turns Anyone’s Self-Interest into Everyone’s Self-Interest00:31:28 Good Engineering Involves Discovering and Respecting the Constraints of Nature00:35:56 How to Engineer a Good Monetary System00:39:55 The Inevitable Engineering Failure of Any Mass-Based Money00:44:09 “Nature, to be Commanded, Must be Obeyed”00:45:33 NYDIG00:46:41 Before Bitcoin, We Could Not Engineer a Money in Harmony with Human Nature00:49:40 Properly Framing the Security Properties of an Engineered System00:53:59 The Epistemological Model of Security Failures (What Gets Measured, Gets Done)00:58:55 Factoring in the Ethical, Moral, and Design Considerations of Engineered Systems01:02:23 The Strategic Significance of Bitcoin01:06:26 Bitcoin as a New Schelling Point in the Infinite Game of Power Projection01:09:44 The Immense Sacrifices Inherent to Establishing Control Structures over Property01:13:26 Bitcoin as Leading Contributor to the Future of Property Defense01:16:39 Adopt New Military Schelling Points Voluntarily, Otherwise They Will be Imposed01:18:10 The Dangers of Ignoring Disruptive Technology: Why the USG Should Buy Bitcoin01:23:00 Bitcoin as a Permanent Feature of the Competitive Terrain of the 21st CenturySOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Mike Hill joins for me for a multi-episode exploration of the masterful book “Lila: An Inquiry Into Morals” written by best-selling author Robert Pirsig. This book may be one of the most undervalued ever written, as it proposes an alternative interpretation of reality that Pirsig calls “The Metaphysics of Quality” (MOQ). According to MOQ, reality is not made up of substance, but rather it is composed of distinct patterns of value. In a Copernican-like revolution of perspective, MOQ sheds new light on age-old debates such as moral relativism, the nature of subject-object duality, good vs. evil, science vs. religion, the importance of freedom, and the primacy of action.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTMike’s Website: https://www.mikehill.design/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 Metaphysical Combat and Moralistic Camouflage00:06:31 Individuals as the Cells of Metaphysical Combatants00:10:35 Microbiology: The Scapegoat for Modern Global Tyranny00:16:40 The Adaptation of the Metaphysical Moral Parasite…00:19:00 Sun Tzu and Geopolitical Mergers and Acquisitions00:20:30 What Forces are at Work in the Battle Between Good and Evil?00:25:51 The Mythological Struggle Between Ego and Spirit00:28:14 The Parallel Between Film Directors and Serial Killers00:33:47 “It’s Better to be a Warrior in a Garden than a Gardener in a War”00:35:50 NYDIG00:33:23 The Search for the Source of Evil…00:40:08 Evil as the Cost of Creation00:45:50 Evil as “Working Backward”: Valuing Lower Level Layers Above Higher00:50:26 Eros, Filia, and Agape: The Three Types of Love Seen Through the MoQ Stack00:54:20 Those Pursuing the Highest Ideal Run the Risks of Great Personal Loss00:59:05 The Three Creative Principles: Freedom, Truth, and Love01:02:00 An MoQ Mapping of Archetypes, The Brain, and the Three Types of Love01:08:43 Money, Metaphysics, and MetaphorsSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Theoretical Physicist Geoffrey West joins me for a multi-episode series exploring his excellent book "Scale: The Universal Laws of Life, Growth, and Death in Organisms, Cities, and Companies." Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTGeoffrey's Book: https://www.amazon.com/dp/B010P7Z8J0/ref=dp-kindle-redirect?_encoding=UTF8&btkr=1Geoffrey's Profile: https://www.santafe.edu/people/profile/geoffrey-westPODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 Language as a Technology and the Discovery of the Future00:07:22 The Human Imagination as Our Most Powerful Tool00:10:36 Innovating “Imagined Orders” and the Industrial Revolution00:15:15 The City as a Scaled Representation of the Human Brain?00:20:42 Where Does the Geometric Structure of Social Networks Come From?00:24:22 The Speculation Supporting Dunbar’s Number…00:29:02 Niche Construction and the Psychological Impact of Corrupt Money00:32:52 Principles of Physics Underlying the Geometry of Social Networks?00:38:03 Dynamic Network Tension Between Physical Possibility and Information Throughput00:40:36 NYDIG00:41:44 Impact of The Digital Age on Social Network Geometry00:44:10 Historical Telecommunication Revolutions00:47:54 A Historical Look at the Physical Possibility and Information Throughput of Money…00:51:03 Geoffrey’s Trouble Conceptualizing Money…00:54:42 Energy Expenditure is the Mechanism which Secured Gold’s Money Supply00:58:37 Free Exchange, Positive Feedback Loops, and Emergent Properties01:03:33 Social Networks are Bound by the Free Exchange of Information01:06:44 Emergent Properties as the “Whines and Squeals” of Amplified Positive Feedback Loops01:10:10 Positive Feedback Loops and the Amplification of IdeasSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Theoretical Physicist Geoffrey West joins me for a multi-episode series exploring his excellent book "Scale: The Universal Laws of Life, Growth, and Death in Organisms, Cities, and Companies." Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTGeoffrey's Book: https://www.amazon.com/dp/B010P7Z8J0/ref=dp-kindle-redirect?_encoding=UTF8&btkr=1Geoffrey's Profile: https://www.santafe.edu/people/profile/geoffrey-westPODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 Geoffrey’s (Undisciplined) Approach to Writing…00:11:00 Physical Activity and Activating the Creative Juices00:14:58 Tools Geoffrey Uses in the Writing Process00:17:30 Geoffrey’s Approach to Reading…00:22:40 Just Write or Edit-as-You-Go?00:25:45 Cormac McCarthy’s Involvement with Geoffrey’s Written Work00:30:31 NYDIG00:31:39 The Scaling Characteristics Specific to Organic Growth00:37:53 “Social Metabolism”: The Super-Linear Scaling of Inorganic Growth00:42:37 Could Super-Linear Scaling have an Undiscovered Limiting Factor?00:44:12 A Possible End to Super-Linear Scaling: A Finite Time Singularity00:51:36 What is the Nature of Innovation with Paradigm Shifts?00:54:31 Sustainability as the Intelligent Exportation of Entropy00:58:18 Harnessing Fossil Fuels and the Attendant Shift to a Global Closed System01:01:52 Respecting the Role of Scientific Thinking in Socioeconomic System Design01:05:34 James Maxwell Advocating the Economic Value of Electromagnetism01:08:30 From Living on Energy Flows to Energy Stocks: The Transition to a Closed System01:16:56 My Story of Legislation Destroying the Residential Solar Power BusinessSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Theoretical Physicist Geoffrey West joins me for a multi-episode series exploring his excellent book "Scale: The Universal Laws of Life, Growth, and Death in Organisms, Cities, and Companies." Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTGeoffrey's Book: https://www.amazon.com/dp/B010P7Z8J0/ref=dp-kindle-redirect?_encoding=UTF8&btkr=1Geoffrey's Profile: https://www.santafe.edu/people/profile/geoffrey-westPODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 Sub-Linear and Superlinear Scaling00:05:38 Positive Feedback Loops as Drivers of Super-Linear Scaling00:08:49 Transaction Costs Scaling Sub-Linear to Network Size and Bureaucracy00:13:18 What is the Fractal Architecture of Networks Optimizing For?00:17:43 Structural Integrity as the Limiting Factor on Network Size00:21:55 Hydrodynamics and Gravity as the Limiting Factors on Organism Size00:26:25 The Self-Regulation of Human Population Growth00:30:14 Biology is Replete with Self-Limiting Phenomenon: Is Economics?00:31:43 The Strength of Private Property Rights as Socioeconomic Structural Integrity?00:35:40 Taking a Physicist’s Perspective on Biology and Socioeconomics…00:41:47 The Super-Linear Scaling Laws of Cities00:44:11 The Super-Linear “Social Metabolic Rate” and Open-Ended Growth00:48:31 What is the Role of the Individual in Scaling Socioeconomic Systems?00:50:00 NYDIG00:51:08 All Human Rights are Derivatives of Property Rights00:56:10 The Inherent Instability of Human Consensus and Human Hierarchies01:00:24 The Pathologization of Human Hierarchies and Mass-Psychosis01:02:44 Bitcoin and the Exportation of Social Entropy01:07:45 In a World Where Property Rights Were Perfected…01:12:00 Liberalism Used to Mean Low to No Government…SOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Theoretical Physicist Geoffrey West joins me for a multi-episode series exploring his excellent book "Scale: The Universal Laws of Life, Growth, and Death in Organisms, Cities, and Companies." Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTGeoffrey's Book: https://www.amazon.com/dp/B010P7Z8J0/ref=dp-kindle-redirect?_encoding=UTF8&btkr=1Geoffrey's Profile: https://www.santafe.edu/people/profile/geoffrey-westPODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 Where is the Line Dividing Living and Nonliving?00:05:40 Are there General Laws Governing Living Systems?00:09:56 The Opaque Logic of Complex Adaptive Systems00:12:22 Life as an Open System that Imports Energy and Exports Entropy00:17:20 Organic System Wear and Tear: Entropy and ATP00:21:21 Maxwell’s Demon, Uncertainty, and Entropy00:25:41 Understanding Thermodynamics: Open Systems vs. Closed Systems00:28:35 Entropy in the Shift from The Agricultural Age to the Industrial Age00:31:13 Astronomical Time as Compared with Social Time00:34:44 NYDIG00:35:52 Superlinear Scaling is Why Godzilla Isn’t Real…00:40:03 Universal Scaling Laws: Savings Percolating Beyond Biology00:44:37 On Average, All Organisms Have the Same Number of Heartbeats00:48:30 How Can it Be That All Life Obeys Universal Scaling Laws?00:53:00 The Fundamental Assumptions of Network Scaling Laws00:56:55 Fractals: The Geometry of Nature01:00:55 A Poetic Description of the Fractal Dimension…01:05:56 Using Laundry to Describe Dimensionality01:10:32 Spherical and Fractal Geometry in Regard to ExchangeSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Dr. Robert Malone joins me for a conversation on the modern-day mass-psychosis gripping humanity...Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTDr. Malone's Substack: https://substack.com/profile/49176289-robert-w-malone-md-msDr. Malone's website: https://www.rwmalonemd.com/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 Defining the Mass-Psychosis of Totalitarianism00:06:52 A Connection Between Property Violations and Mass-Psychoses?00:10:45 Historical Examples of Currency Counterfeiting Leading to Mass-Psychoses00:13:39 The Three Cohorts in a Mass-Psychosis and How to Tilt the Scales00:19:57 How Free-Floating Anxiety Contributes to the Onset of Mass-Psychosis00:24:16 In a True Totalitarian Environment, The Leader is Expendable00:25:58 The Parallels Between Hypnosis and Mass-Psychosis00:29:32 Emergent Ritualistic Behavior: “Mask Psychosis as a Symptom of Mass-Psychosis”00:31:40 Masking as an Intentional Ritual to Precondition Compliance with The State00:34:38 NYDIG00:35:46 The Conditions Necessary to Setup a Mass-Psychosis, and Where We are Today00:40:43 The Empathic Value of Properly Framing a Mass-Psychosis00:43:15 The Megalomaniacal Aspect of Mass-Psychosis00:47:29 How Bitcoin Can Shrink The State00:50:20 Bitcoin as the Hayekian “Sly Roundabout Way…”00:53:54 How Will this Modern-Day Mass-Psychosis Culminate?00:58:02 How to Resist Mass-Psychosis01:04:00 Communities of Faith Have Proven Particularly Resistant to Mass-Psychosis…SOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

My friend and fellow student of money codenamed "Lester" joins me for a multi-episode conversation exploring the excellent book "The Twilight of Gold" by Melchior Palyi.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTLester's Twitter: https://twitter.com/ProgrammableTxBOOKThe Twilight of Gold: https://archive.org/details/twilightofgold190000paly/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 Some Reflections on The Bank of England00:05:11 Bitcoin as “The Ultimate Land Grab”00:09:46 Stock-to-Flow Ratios and the Contradiction of a Gold Standard00:15:58 England’s Subjugation of India through Force and Money00:20:20 Hashes per Kilowatt Hour per Sat: The Most Stable Metric00:29:00 The Human Obsession with Automaticity00:33:21 A Potential Weakness in Bitcoin: Rule Changes00:34:27 NYDIG00:35:35 The Key to Sustainable Social Institutions: Resistance to Rule Changes00:41:34 The Weaponization of Inflation and Deflation00:45:36 Real Price Deflation and the Future of Employment00:49:29 Bitcoin Incentivizes You to Improve the Intelligence of Others00:53:00 Gold as a “Pre-Commitment Mechanism”00:56:00 Bitcoin as the Ultimate Ulysses Contract01:00:24 How the Gold Standard Directly Incentivizes War01:02:43 There are Only Two Ways to Resolve Disputes: Contract and ConflictSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Entrepreneur and computer scientist Aneesh Karve joins me for a conversation on his latest written work "Order Without Organizations: Computation, Austrian Economics, and the Limits of Central Planning."Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTAneesh's Twitter: https://twitter.com/akarveAneesh's Written Work: https://akarve.com/complexity-austrian-economics-computational-limits-of-central-planning/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 What is the Goal?00:02:25 Free Market as a “Distributed Computing Network”00:08:03 “Mistaking the Cat for the Washing Machine”00:11:53 Order & Taxes00:17:05 Praxeology & Subjectivity00:20:20 The Language of Markets00:25:09 Formal Systems00:28:22 Quantifying Capitalism00:33:09 Ordinal Numbers & Cardinal Numbers00:36:10 Price Signals00:41:51 Equality00:44:08 What is Wealth?00:51:00 Thomas Sowell00:53:26 Evenly Rotating Economy00:57:09 Equality of Outcome01:06:13 NYDIG01:07:24 Public Property01:14:28 Public Discerning the Truth01:18:33 Marginal Utility & Diamond-Water Paradox01:22:50 Price Discovery01:29:06 Formulating Human Action01:34:59 Algorithms01:38:32 Central Planning01:44:24 Fiat01:49:44 Bitcoin as a Common Variable01:53:58 Fighting Entropy in the Marketplace01:59:20 Perfect Scarcity02:01:33 The Irreducibility of the Market ProcessSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Jason Lowery from the US Space Force joins me for a multi-episode series exploring the first principles of physics, the ubiquity of organic power projection, and how Bitcoin changes the game.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTJason's Twitter: https://twitter.com/JasonPLoweryPODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 The Scummy Membranes at the Dawn of Life00:05:10 The Problem with Trust at Scale00:10:15 Life as Any Open System that Imports Energy and Exports Entropy00:14:12 Bubbles of Order within the Maelstrom of Nature00:18:40 The Defensibility of Property and the Sophistication of Civilization00:21:49 The Species-Level Evolutionary Advantage of Aging00:25:52 Sexual Reproduction, Death, and the Intensity of Exchange00:28:59 Self-Awareness Across Time as the Ultimate Survival Strategy00:30:46 NYDIG00:31:54 Genetic Information as a River Flowing Through Time00:34:53 The Danger of Subduing Human Nature…00:38:14 The Power Projection Game is Ruthlessly Egalitarian00:40:51 To Trust Incentives is to Reduce the Need for Interpersonal Trust00:45:05 Nuclear Armament as a 51% Attack on The Global Power Projection Game00:47:39 An Intra-Speceil Surrogate to War is Necessary for Individual Sovereignty00:50:44 Proof-of-Work: A Fair Power Projection Competition over Property00:54:38 “Human in the Loop” as the Limiting Factor in All Future Warfare00:59:06 The Nuclear-Hardened History of TCP/IP and Protocol Network Effects01:05:18 The Dynamic Tension Between Centralization and DecentralizationSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Mike Hill joins for me for a multi-episode exploration of the masterful book “Lila: An Inquiry Into Morals” written by best-selling author Robert Pirsig. This book may be one of the most undervalued ever written, as it proposes an alternative interpretation of reality that Pirsig calls “The Metaphysics of Quality” (MOQ). According to MOQ, reality is not made up of substance, but rather it is composed of distinct patterns of value. In a Copernican-like revolution of perspective, MOQ sheds new light on age-old debates such as moral relativism, the nature of subject-object duality, good vs. evil, science vs. religion, the importance of freedom, and the primacy of action.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTMike’s Website: https://www.mikehill.design/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 DMT and Transcendental Experience00:05:06 Self-Love and Responsible Self-Leadership00:08:19 “The Master and His Emissary”: Duality of Mind and State00:13:07 Reflexivity and the Personal Transformations Inspired by Bitcoin00:16:48 Bitcoin and the Morphing of Modern Mythology00:21:17 The Protocols of Selfhood00:23:14 The Wisdom of the Body00:27:03 Connections Between the Static Layers of Value00:30:07 NYDIG00:31:16 An Analogy for Static Layers of Value: The Computer Tech Stack00:35:08 Mapping Subject-Object Onto the Static Layers of Value00:37:22 The Necessity of Layers00:42:28 Plant Medicines as a Human System Checkup00:51:21 Ignoring the Cost of Creation: A Dangerous Self-Deception00:55:36 Suffering as the Experiential Quality of Being Sacrificed00:59:49 Victims of the Residue from Creating Western CivilizationSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Bitcoiner and author Knut Svanholm joins me for a philosophical conversation on Bitcoin.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTKnut's Twitter: https://twitter.com/knutsvanholmKnut's Books: https://www.amazon.com/Knut-Svanholm/e/B087WQ4H28PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 Bitcoin Everything there is Divided by 21 million00:05:48 Working with Bitcoin Full Time00:09:05 Philosophy in Bitcoin00:12:03 Bitcoin: The First Form of Ownership00:20:28 All Action is an Expression of Value00:27:00 Democracy as Another Form of Religion00:32:09 NYDIG00:33:16 Morality & Politics00:37:30 “Element Zero”00:45:57 “Bitcoin is a Discovery, Not an Invention”00:48:49 Data, Information, and Patterns00:51:56 Bitcoin is a New Form of Life?00:56:30 Bitcoin the Peacemaker01:00:10 Bitcoin Immortality01:07:00 Maxwell’s Demon01:10:14 Rothbard and Deriving an "Ought" from an "Is"01:16:59 Disincentivizing Crime & Violence01:23:48 Bitcoin is Changing the Way We View Life ItselfSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

My friend and fellow student of money codenamed "Lester" joins me for a multi-episode conversation exploring the excellent book "The Twilight of Gold" by Melchior Palyi.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTLester's Twitter: https://twitter.com/ProgrammableTxBOOKThe Twilight of Gold: https://www.abebooks.com/first-edition/Twilight-Gold-1914-1936-Myths-Realities-Palyi/30927065697/bdPODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 Gold as the Keystone to Social Order00:04:17 Lester’s Love for Gold…00:08:52 Staring into the Fog of the Future on a Bitcoin Standard…00:12:46 The Supreme Conservatism of Bitcoin00:16:12 When the Rules of Money Become Unbreakable…00:19:06 Freedom Requires Consequences when Rules are Broken00:20:35 Money Without Limitation Destroys the World00:25:06 MMT: A Descriptor for an Unjustifiable System of Theft00:28:11 The Reason Lester Sold All His Gold…00:31:41 The Specter of Crushing Poverty in a Post-Inflation World00:34:26 NYDIG00:35:34 Submission to Truth is Freedom; Life as Organized Disobedience00:38:34 Robert’s Response to The Specter of Crushing Poverty…00:40:59 Bitcoin Mining as a “Safety Net” for Failing Economies00:46:11 Convertibility as a Vote of “No Confidence”: Contract or Conflict00:48:02 Big Themes in “The Twilight of Gold”00:51:46 Central Banks Trapped in the Gravity of Government Debt00:56:31 Ritualizing Bitcoin as a Bulwark to Intergenerational Drift00:59:00 The Ineffective Application of the Interest Rate Mechanism01:10:13 Is Price Stability Natural?01:13:21 Price Stability Cloaks the Fact that Things Should be Getting Cheaper01:19:25 High-Integrity Private Property Rights as a Fix for Environmental Harm01:22:49 Hijacking the Interest Rate Mechanism to Make Government Debt Cheap01:27:42 Bitcoin is Designed to Work Whether or Not It Has Permission To01:31:31 Relying on the Enlightened, Long-Range Self-Interest of All Participants in the Game01:35:31 The Real World is Based on Simulated Ownership, Possession is True Ownership01:41:46 The US Government’s Excessive Indebtedness…01:47:05 Building Up a Wall of Bitcoin Conviction01:51:16 Lester’s Five Conditions for Investing01:55:00 Bitcoin Can Never Be Fully Understood, so It Will Always Be Undervalued01:56:34 “Every Order of Magnitude Wealthier We Become, We Add a Zero”SOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Author and philosopher Alexander Bard joins me for a conversation on power, politics, spacetime, and human hierarchies in The Digital Age.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTAlexander's Twitter: https://twitter.com/BardissimoAlexander's Books: https://www.amazon.com/Books-Alexander-Bard/s?rh=n%3A283155%2Cp_27%3AAlexander+BardPODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 Alexander’s View on Metaphysics00:06:53 Emergence Vector & Laws of Nature00:10:11 Paradigm Shifts00:12:19 Hyper-Time as a Base Layer of Understanding Emergence00:18:05 The Impact of the Printing Press and the Internet on the Global Power Structure00:24:41 The Internet, A.I, and Truthfulness are Destroying Everything00:31:11 Central Banks and Legacy Institutions Attempting to Skew Truth00:40:09 Everybody Loses In a Tyrannical System00:42:11 Power and Modern Day Slavery00:44:50 Minimizing Political Power and Maximizing Real Power00:49:02 Big Data in a Democracy00:53:14 Power Triad00:58:30 NYDIG00:59:39 The Dissipation of Space in the Digital Paradigm01:03:58 Time in the Digital Paradigm01:06:21 Capitalism in the Digital Paradigm01:13:23 Digitizing Human Hierarchies01:17:41 What it Means to be Human in the Digital Paradigm01:20:55 Summarizing The Digital AgeSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Dr. Robert Malone joins me for a conversation on medical ethics, human dignity, and the vast corruption we find in post-COVID world when we "just follow the money."Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTDr. Malone's Substack: https://substack.com/profile/49176289-robert-w-malone-md-msDr. Malone's website: https://www.rwmalonemd.com/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 Dr. Malone’s Credentials00:06:39 History of Informed Consent00:11:00 Informed Consent In the Modern Era00:17:12 The Tuskegee Experiment00:22:03 The Incentives Behind the Experiments00:24:03 Oppenheimer's Dilemma00:29:30 Defining Humanity Through the Lense of Economics00:32:23 NYDIG00:33:30 Regulatory Capture00:40:04 The Rise of the Medical Industrial Complex00:43:41 Being on the Front Edge of Data00:47:20 War Game Scenarios & The COVID-19 Outbreak00:56:32 Government Cash Bonuses For Hospitals01:05:23 Coercion Funding Coercion01:08:25 Hypothetical Bitcoin Nirvana01:17:05 The “Big How” QuestionSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Jason Lowery from the US Space Force joins me for a multi-episode series exploring the first principles of physics, the ubiquity of organic power projection, and how Bitcoin changes the game.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTJason's Twitter: https://twitter.com/JasonPLoweryPODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 Bitcoin Establishing a New Rule of Law00:05:34 Nuclear Weapons in the Power Projection Game00:13:40 Bitcoin as a Weapons System00:15:40 Describing the Schelling Point of the Energy of Bitcoin00:19:35 What Prevents a Nation-State from Strong-Arming the Mining Network?00:25:27 The Invention of Non-Lethal Warfare00:28:46 NYDIG00:29:55 The Possibility of a Coordinated Drone Attack on Bitcoin Mining00:34:44 Dealing With a Geopolitical Coordinated Attack on Bitcoin00:43:09 A Decreasing Need for Kinetic Power Projection00:45:50 Mutually Assured Preservation00:50:20 Bitcoin: The Ultimate Shared Abstraction00:56:12 Jason Getting His Thesis In the Hands of US Policymakers00:59:51 Monetizing Energy GloballySOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Member of Canadian Parliament and Candidate for Prime Minister Pierre Poilievre joins me for a conversation on money, the proper role of government in money, individual responsibility, property rights, and freedom.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTPierre’s Twitter: https://twitter.com/PierrePoilievrePierre’s Website: https://pierremp.ca/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 Asking Canadian Parliament “What is Money?”00:03:01 Politicians Spend Money Without Understanding Where it Comes From…00:05:10 What is the Proper Role of Government in the Sphere of Money?00:07:41 Depoliticize the Central Bank and Charge them with Fighting Inflation!00:10:28 Inflation is an Illegal Form of Taxation00:12:09 NYDIG00:13:16 Inflation Disincentivizes Individual Responsibility00:16:47 Inflation Destroys Private Property and All Other Human Rights00:22:04 Housing Price Inflation in Canada Today00:25:19 QE Delays and Exacerbates Housing Market Correction00:26:36 The Canadian Trucker Freedom Convoy00:29:34 COVID: The Never-Ending Excuse Being Used by Power-Hungry Authorities…00:33:15 Reclaiming Ancient Liberties from Government DoomsayersSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Neuroscientist, Author, Technologist, and Entrepreneur David Eagleman joins for me a conversation about his book "The Brain."Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTDavid's Twitter: https://twitter.com/davideaglemanDavid's Book "The Brain": https://www.amazon.com/dp/B00VKAZENW/ref=dp-kindle-redirect?_encoding=UTF8&btkr=1David's Website: https://eagleman.com/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 Carving Out Neurons in the Early Years00:02:58 Material Engagement Theory00:04:58 The Mind Mapping The External World00:09:17 Reality is Not a Faithful Record00:14:18 Repetition Wiring the Circuitry of the Brain00:18:59 Division of Labor00:21:19 The Power of Imitation00:24:49 NYDIG00:25:37 The Brain as a Team of Rivals00:28:31 The Danger of Centralizing Power00:33:07 Dopamine: The Error Corrector00:40:22 Ulysses Contract00:47:49 Transhumanism and Living DigitallySOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

World renowned UFC athlete Kenny Florian joins me for a conversation on strategy, optionality, competitive leverage, wisdom, money, and martial arts.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTKenny's Twitter: https://twitter.com/kennyflorianPODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 Kenny’s Background00:08:56 Knowing your Terrain00:14:46 Using Leverage to your Advantage in Combat & Business00:19:59 Preparation is Key00:26:14 The More Options You Have, the Stronger You Become00:29:34 The Wisdom & Background of Jiu-Jitsu00:35:12 The Gracie Family’s Influence on Jiu-Jitsu00:39:36 NYDIG00:40:43 Should Everyone Learn Martial Arts or Self Defense Techniques?00:47:07 Having the Skills to Fight Actually Instills Peace00:50:50 Bitcoin and the Art of Fighting00:55:15 Kenny’s Path to Bitcoin01:04:50 Fiat Rat Race & Bitcoin as the Light at the End of the Tunnel SOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

My friend and fellow student of money codenamed "Lester" joins me for a multi-episode conversation exploring the excellent book "The Twilight of Gold" by Melchior Palyi.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTLester's Twitter: https://twitter.com/ProgrammableTxBOOKThe Twilight of Gold: https://www.abebooks.com/first-edition/Twilight-Gold-1914-1936-Myths-Realities-Palyi/30927065697/bdPODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 The Illusory Nature of Fiat Currency Supply Inflation00:03:49 Fiat Currency is Psychologically Addictive and Destructive00:07:31 The Most Dangerous Point in an Inflationary Cycle00:09:11 Analogizing Inflation to Self-Destructive Alcoholism00:10:46 The Inevitability of Inflation Pre-Bitcoin00:14:51 “Groups of People Keeping their Options Open at the Expense of Others”00:18:18 Central Banking and Gaslighting00:23:54 Bitcoin and Exiting the Economic Dark Ages00:27:12 The Twin Storylines of “The Twilight of Gold”00:33:14 England: The OG Information Economy00:38:16 Hard Money and the Necessity of a Flexible Wage-Price Structure00:42:33 Price Deflation is Politically Unpalatable00:44:41 Convertibility was the Best Way to Cast a Vote of No Confidence in Government00:47:04 Suspending Convertibility Both Incentivizes and Finances War00:50:02 NYDIG00:51:10 Inflation as a Means of War-Financing is Infectious00:55:05 How Do We Protect the Sanctity of 21M Bitcoin?00:59:04 “The Lie that Proof-of-Stake is More Economically Efficient than Proof-of-Work”01:04:56 Fractional Reserve Banking as a Bridge from PoW to PoS01:08:22 Bitcoin is Your Voice, Your Influence, Your Say-So in the World…SOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Jason Lowery from the US Space Force joins me for a multi-episode series exploring the first principles of physics, the ubiquity of organic power projection, and how Bitcoin changes the game.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTJason's Twitter: https://twitter.com/JasonPLoweryPODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 Projecting Power to Maintain Property Rights00:06:51 Property, Territory, and Trust00:14:34 Evolution of Power Projection Through Law00:17:45 Evolution of Protecting Property00:21:55 The Oldest and Most Proven Economic Theory00:28:01 The Development of Militaries00:36:50 NYDIG00:37:57 Relations with Power Projectors00:42:17 State Military vs Militias00:46:44 Incentivizing Cooperation and Disincentivizing Betrayal00:54:10 People Want to Own the Property with the Best Protection00:58:18 The Costs Associated with Defense01:03:12 Clever Ways Power is Projected Over Time01:08:13 Evolution of WarfareSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Mike Hill joins for me for a multi-episode exploration of the masterful book “Lila: An Inquiry Into Morals” written by best-selling author Robert Pirsig. This book may be one of the most undervalued ever written, as it proposes an alternative interpretation of reality that Pirsig calls “The Metaphysics of Quality” (MOQ). According to MOQ, reality is not made up of substance, but rather it is composed of distinct patterns of value. In a Copernican-like revolution of perspective, MOQ sheds new light on age-old debates such as moral relativism, the nature of subject-object duality, good vs. evil, science vs. religion, the importance of freedom, and the primacy of action.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTMike’s Website: https://www.mikehill.design/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 How Inorganic Reality Influences Social Morality00:03:47 Native Americans Viewed the Universe as a Conscious Actor00:08:00 Static Patterns of Value as “Shadows” of Dynamic Quality00:12:05 The Limited Arises From and Returns to The Limitless00:14:07 Evolutionary Complexity as the Proper Spectrum of Morality00:17:50 Paradox Occurs When Different Levels of Value Disagree?00:19:41 Rationality: What Ratio of Value Systems are Weighted in Any Given Decision00:25:02 Production Designs Involve Subliminal Messaging from the Environment00:27:07 An Analogy of Pedestrians in New York and Two Red Blood Cells…00:33:47 Native Americans Conceived of Reality as a Participatory Phenomenon00:35:57 American Values as a Synthesis of European and Native American Values00:40:05 The Westward Manifestation of American Values in Architecture00:45:28 Native Americans are Plainspoken: “The Voice of the Plains”00:47:28 American Cowboys Appropriated Native American Values00:50:43 NYDIG00:51:52 Notable Native American Traits00:54:48 Conditions of Scarcity as an Evolutionary Driver of Value Systems00:58:00 Franz Boas and The Scientism of Cultural Anthropology01:02:02 Bicoastal US Value Systems Reflected in Socioeconomic Institutions01:06:04 Dynamic Quality is the Pursuit of Metaphysical Freedom01:07:58 Visualizing the Fields of Value We All Live Within01:09:53 The Eye of God, Material Engagement, and Civilizational Bootstrapping01:12:58 Poetic and Pragmatic: God and Free ExchangeSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Noam Chomsky joins for me for a conversation on money, government policy, the proper role of coercion in civilization, and the consequences of neoliberalism.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTNoam’s Website: http://www.chomsky.info/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 What is Money? And What is the Proper Role of Government in Money?00:05:30 The Rise of Neoliberalism and Class Warfare00:12:25 Financialization and the Bailout Economy00:15:45 The Gold Standard Constrained Government Optionality00:18:40 “Redlines” Laid Out by the Current US Republican Party00:24:00 What Options Were Made Available by Abolishing the Gold Standard?00:27:54 The Role of Inflation in Driving Wealth Disparity00:33:00 Abolishing the Gold Standard and the Decoupling of Productivity and Wages00:36:15 Who Bears the Costs of Limited Liability Incorporation?00:39:30 Libertarian Perspective on Government Intervention and Unemployment00:44:19 A Monopoly on Money Effectuates Limited Liability for Government?00:49:30 Neoliberalism and a One-Sided Class War00:51:35 NYDIG00:52:43 What is the Proper Role of Coercion in Civilized Society?00:57:00 The Decrying of Democracy01:00:43 Do Free Markets Manifests What People Want?01:04:44 The Integrity of Private Property Rights Prevents Cost Externalization?01:07:53 The Proper Role of Market and State in Anarcho-Syndicalism01:10:39 Is Democracy Intrinsic to the Free Market?01:13:38 The Impact of Government Policy on EntrepreneurshipSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Avik Roy is the President for Research on Equal Opportunity and policy editor at Forbes. Avik joins for me a conversation covering his essay titled "Bitcoin & the U.S. Fiscal Reckoning."Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTAvik's Twitter: https://twitter.com/AvikAvik's Essay: https://nationalaffairs.com/publications/detail/bitcoin-and-the-us-fiscal-reckoningAvik's Website: https://freopp.org/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 “Bitcoin and the US Fiscal Reckoning”00:06:07 What Drives Inflation? And What Drives Deflation?00:11:05 “Inflation is Always and Everywhere a Monetary Phenomenon”00:14:15 Are Bitcoiners Prepared for Disruption to Come?00:16:15 The 1971 Bank Run and Nixon’s Options at the Time00:25:21 Let The Free Market Figure it Out!00:30:23 Nixon’s Short Term Success was a Mirage00:34:26 Where are We Now, Post March 2020?00:40:49 Bond Market Disruption00:48:34 Can the Chinese Yuan Become the Global Reserve Currency?00:57:02 NYDIG00:58:10 Should the U.S Leverage Bitcoin while China is Leveraging Gold?01:04:30 Governments Adapting to Permissionless Money01:10:14 Bitcoin Bringing the U.S Back to its Core Principles01:16:23 What the World Looks Like Post-Bitcoin?01:24:04 Strategic Implications for the U.S01:30:16 Bitcoiners Taking Risk to Ensure its Success01:37:33 Getting Bitcoin in the Minds of Policy Makers01:41:53 How Does this Play Out Over the Next 15-20 YearsSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

My friend and fellow student of money codenamed "Lester" joins me for a multi-episode conversation exploring the excellent book "The Twilight of Gold" by Melchior Palyi.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTLester's Twitter: https://twitter.com/ProgrammableTxBOOKThe Twilight of Gold: https://www.abebooks.com/first-edition/Twilight-Gold-1914-1936-Myths-Realities-Palyi/30927065697/bdPODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 Introduction to “The Twilight of Gold”00:02:05 What is Money? It’s an Antivalue00:08:59 Gold as the Governor of Government00:12:16 Studying the Gold Standard as a Prism through which to See the Future00:18:17 The Importance of the International Gold Standard to Humanity…00:22:12 …The Closest the World has ever been to a Pure Laissez-Faire Economy00:24:30 NYDIG00:25:38 The Gold Standard as a Non-Legislated Fount of Freedom00:29:21 Background on the Author: Melchior Palyi00:32:11 The Author was Warning Us About the Gathering Forces of Inflation00:34:33 Fiat Currency Inflation: The Recurrent Self-Deception of Humanity00:36:29 Imagining Inflation as a “Magic Syringe”00:40:28 The Explosion of Zombie Mythology After Abolishing the Gold Standard00:44:11 Financing World War 1 with the “Magic Fiat Syringe”00:45:53 The Only 4 Ways Public Debt Can Be Paid…00:49:47 Inflations Build on Themselves Exponentially00:51:33 Reservoirs and Psychological Triggers of InflationSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Jason Lowery from the US Space Force joins me for a multi-episode series exploring the first principles of physics, the ubiquity of organic power projection, and how Bitcoin changes the game.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTJason's Twitter: https://twitter.com/JasonPLoweryPODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 First Principles of Physics00:08:14 Constants in Reality: Is Bitcoin the First Constant in Economics?00:12:14 Evolution: What Works is Kept00:20:00 Evolutionary Power Projection and Cooperation00:25:05 NYDIG00:26:12 Force Across Distance = Work00:28:40 What is Force?00:33:01 Entrepreneurship in the Evolutionary Process00:40:32 Life Succeeds Because it Hedges for “Tail Risks”00:44:03 In Between Randomness and Structure is Life00:49:11 Mammals, Opposable Thumbs, and Fire00:53:50 Fire in Astronautical Engineering and Mammals Harnessing Fire00:58:35 Humanoids Collaborating and Overcoming Dunbar’s Number01:05:06 Ideas as the Ultimate Projection of Power01:10:36 Forms of Power Through a Physics Lens01:14:53 The Power Projection Game01:20:24 Shared Abstractions & Establishing Pecking OrderSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Mike Hill joins for me for a multi-episode exploration of the masterful book “Lila: An Inquiry Into Morals” written by best-selling author Robert Pirsig. This book may be one of the most undervalued ever written, as it proposes an alternative interpretation of reality that Pirsig calls “The Metaphysics of Quality” (MOQ). According to MOQ, reality is not made up of substance, but rather it is composed of distinct patterns of value. In a Copernican-like revolution of perspective, MOQ sheds new light on age-old debates such as moral relativism, the nature of subject-object duality, good vs. evil, science vs. religion, the importance of freedom, and the primacy of action.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTMike’s Website: https://www.mikehill.design/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 The Ambiguity of Insanity00:02:52 The Example of the Zuni Cultural Immune System00:06:36 The Totalitarian Impulse of Left-Hemispheric Dominance00:10:16 Totalitarianism Rigidifies Due to Lacking Liquidity of Information00:13:18 The Autophagy of Capitalism and the Cancer of Central Banking00:17:40 Suffering as Attachment, Attachment as Static00:21:13 The Compass of Morality Up and Down the Stack of Static Value Patterns00:26:46 Demand as Dynamic Quality Generating the Static Quality of Supply00:32:16 NYDIG00:33:26 The Brujo and the Adaptivity of Ancient Zuni Culture00:39:19 Cultural Patterns of Static and Dynamic Good00:42:05 The Brujo as a Cultural Bridge Between Value Systems00:46:41 Action as the Purposive Exchange of Value to Create The Good00:48:14 Atonement as the Harmonization of Competing Intrapsychic Value Systems00:52:41 Viewing Value as Primary Calls into Question Every Prior Perception00:54:51 Hornevian Triads of Human Action in Respect to Volition00:57:23 The Emergence of American Values00:58:50 Incentive as the Ratio of Value Received to Value GivenSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Erik Cason Joins me for an in-depth conversation exploring some of his written works and Kantian philosophy related to the nature of truth and power in the context of Bitcoin’s emergence.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTErik’s Twitter: https://twitter.com/ErikcasonErik’s Website: http://cryptosovereignty.org/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 The Military Value of Cryptoassets00:05:09 Bitcoin as a Refusal of the Praxis of Violence00:08:40 Physical Power vs. Political Power00:11:58 The Nature of True Crypto-Sovereignty00:16:00 Encountering Truth and Emergence of the Cyphernet00:21:00 Money as the Prime Mover; Organizations are Applications of Money00:25:07 The Incentives Underlying Statism00:29:21 Satoshi as Homo Sacer00:35:54 Satoshi as a Pioneer of a New Digital Continent00:43:01 Bitcoin Kicking Off the “Knife Fight Between Nation-States”00:48:37 Agape and the Encounter with the “Perfect Other”00:57:48 Human Nature: A Core Component of Bitcoin01:01:04 NYDIG01:02:12 An Economic Machine of Truth Requires Proof-of-Work01:07:54 Bitcoin is Parasiticide to Bureaucracy01:17:05 Reimagining the Meta-Structures Superimposed on Power Relations01:21:31 The Inversion of Politics: “Truth, Not Authority, Makes Legitimacy”01:32:06 Physics-Rooted Encryption Bringing Humans Nearer to Natural Law?01:40:23 Enlightenment as the Emergence of Nonage01:47:24 All Human Decrees by Fiat are Attempts at Playing God01:58:22 A Hopeful Vision for the Adaptation of Statism to Bitcoin02:02:02 Enlightenment Requires the Free Use of Human Reason02:11:11 Bitcoin as the Only Antidote to the Self-Deception of Fiat02:16:09 3% Global Adoption as a Catalyst to Hyperbitcoinization?02:21:21 “Righteous Anger is that which is Directed at Resolution”02:27:11 The Risk of a Core Error in Bitcoin02:29:20 The Paradoxical Concourse of Human PoliticsSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Balaji Srinivasan joins me for a multi-episode series exploring sovereignty in The Digital Age, geopolitical game theory, the future of statism, and how Bitcoin/crypto fits into the picture.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTBalaji's Twitter: https://twitter.com/balajisBalaji's Website: https://balajis.com/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 Quantifying Decentralization00:07:30 Fundamentally, this Model is Quantifying Intuition…00:14:39 The Goal: Identifying the Most Centralized Component00:17:20 The Role of Path-Dependence in Decentralization00:20:00 The Danger of Monoculture00:25:00 “Trust in God But Keep Your Powder Dry”00:32:29 Chain Interoperability and an Attack on Bitcoin Mining00:34:20 Entering the Time of Total Cyberwar00:37:32 NYDIG00:38:42 Incentive Blindness00:44:42 “The Dose Makes the Poison”00:48:01 Quantity and Quality Metrics00:51:16 “Revolutions are Judged by their Fruits”00:57:23 The Pragmatic Calculation of Self-Interest01:02:56 Legacy Journalism Disabled the Our Early Warning System01:08:30 The Most Important Ethical Question of the 21st Century01:11:26 What Drives Balaji? And Where is the World Going Next?01:17:57 Mathematical Advancement as the Primary Metric for CivilizationSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Balaji Srinivasan joins me for a multi-episode series exploring sovereignty in The Digital Age, geopolitical game theory, the future of statism, and how Bitcoin/crypto fits into the picture.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTBalaji's Twitter: https://twitter.com/balajisBalaji's Website: https://balajis.com/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 Wargaming: East vs. West00:08:48 A Potential Restructuring of Geopolitical Power00:12:58 “The Bitcoin Seizure Bill” of the Late-2020s?00:16:52 A Scenario Where Both CCP and BTC Win00:19:31 The Fragmentation of Sovereignty in The West00:22:50 “Three New Deals”: China as the 21st Century Exception00:26:34 Defense of The Decentralized West vs. The Centralized East00:30:03 An Optimalist Operates with a Limiting Principle00:32:31 Bitcoin Breaks All Incompetent States00:36:23 Looking Deeper into the Coming Centralized vs. Decentralized Struggle…00:40:38 Decentralization and the Disorganization of Violence00:45:12 “When there is Anarchy, People Want Leadership”00:48:20 Human Root Access: The Moral Justifications of Action00:53:52 China Without the US-Check On It is a Whole Different Animal00:56:13 Will All Software Backends Go “Blockchain” Eventually?01:03:17 Re-Bundling Civilization into Sovereign CollectivesSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Balaji Srinivasan joins me for a multi-episode series exploring sovereignty in The Digital Age, geopolitical game theory, the future of statism, and how Bitcoin/crypto fits into the picture.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTBalaji's Twitter: https://twitter.com/balajisBalaji's Website: https://balajis.com/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 Stupid vs. Evil (21st Century Journalism)00:09:16 The No Handshake Policy00:10:50 The Centralization Inherent to Traditional Media00:14:14 “The Monopoly of Truth is Effectively the Monopoly on Violence”00:18:18 The Journalistic Incentive to Incite Conflict00:21:09 Once Upon a Time, Google was a Neutral Search Engine00:24:12 The Prevalence of Foreign-Made Goods to US Lifestyles00:30:10 The More One Resorts to Coercion, the Less Firm One’s Hold on Power00:33:58 The Rising Empire of China00:40:01 The Chinese Anti-Corruption Model00:42:54 NYDIG00:44:01 The Secret Document that Transformed China00:49:38 The Hierarchal Management Model of China00:54:19 “Social Media Basically Defines Celebrity Today”00:57:37 “If It Bleeds It Leads”: The Broken Incentives of Journalism01:05:37 Digital Content Becoming a Goal-Oriented Set of Stimuli?01:10:29 Reforming Legacy Journalism01:12:37 The Rise of “Wokism” and the Collapse of Legacy Journalism01:18:39 Centralized Media Companies as Bottlenecks to Truth-Discovery01:24:44 Reintroducing Entrepreneurship to Journalism via DecentralizationSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Balaji Srinivasan joins me for a multi-episode series exploring sovereignty in The Digital Age, geopolitical game theory, the future of statism, and how Bitcoin/crypto fits into the picture.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTBalaji's Twitter: https://twitter.com/balajisBalaji's Website: https://balajis.com/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 The “Glorious Purpose” of Property Protection00:06:36 NYT, CCP, and Woke Capital00:12:00 Sovereignty vs. Self-Sufficiency00:16:02 “Religious Fundamentalism Isn’t Always Pretty”00:19:38 NYDIG00:20:46 Cultural “Horizontal Gene Transfer”00:22:53 The Ideological Virality of Communism in History00:27:07 A Stable State of Combined Moral Justification and Raw Power00:29:58 The Dangers of an “Inclusive” Ideology00:32:42 Rigid Hierarchies Hurting Human Cooperation00:36:32 “The Decentralized Center”00:38:47 The Whitewashing of Communism in History00:40:52 The Nepotism of NYT00:43:25 Favor-Trading00:45:36 Zuckerberg as an Entrepreneur00:47:51 Euphemism and Dysphemism SOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Balaji Srinivasan joins me for a multi-episode series exploring sovereignty in The Digital Age, geopolitical game theory, the future of statism, and how Bitcoin/crypto fits into the picture.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTBalaji's Twitter: https://twitter.com/balajisBalaji's Website: https://balajis.com/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 What Happens When the US Military Fails?00:07:55 The Dangers of Administrative Mimicry00:11:50 The Maginot Line00:16:57 Social Cohesion and Mutual Trust00:17:25 NYDIG00:18:33 The Public Defeat of the US in Afghanistan00:24:31 Slogans: “Battle Cries of the Dead”00:28:52 The “Cope” of the US Military Post-Afghanistan Retreat00:35:10 “What are you a Patriot Towards, and a Customer Of?”00:39:20 The Co-Evolution of Creator and Creation00:43:37 The Levels of Living of Libertarianism00:47:39 The Overwhelming Value of the Division of Labor00:50:33 “The Great Resignation Will Trigger the Great Automation”00:54:10 The Berlin Wall Was Built to Keep Taxpayers InSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Balaji Srinivasan joins me for a multi-episode series exploring sovereignty in The Digital Age, geopolitical game theory, the future of statism, and how Bitcoin/crypto fits into the picture.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTBalaji's Twitter: https://twitter.com/balajisBalaji's Website: https://balajis.com/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 The Future of a “Price Stable” Fiat Currency00:04:24 The Future of On-Chain Automation00:08:30 Bitcoin as Point “Zero, Zero” of Global Digital Economy00:11:22 The Geopolitical Thesis, Antithesis, and Synthesis of Bitcoin00:15:32 The Lindy Effect, Bitcoin, and Technological Disruption00:19:13 Will Other Forms of Property Become Digitized?00:22:14 Bitcoin is Both for Power Users and the Marginalized Users00:25:25 NYDIG00:26:32 The Polarity of Adoption for Bitcoin and Digital Securities00:30:44 Satoshi Nakamoto was Not a Bitcoin Maximalist00:34:43 Bitcoin’s Path Toward Global Dominance00:37:08 Antiquated Securities Laws and Social Scalability00:41:55 Holding the Principle Above the Implementation00:48:57 “There’s Nothing So Good That You Can’t Overdo It”00:52:54 Champagne Socialism is the Only Kind of Socialism00:57:06 Transhumanism vs. Anarcho-Primitivism01:03:13 The History of Maoism and How China Got Rich01:11:14 In Communist China, Entrepreneurship was Punishable by DeathSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Balaji Srinivasan joins me for a multi-episode series exploring sovereignty in The Digital Age, geopolitical game theory, the future of statism, and how Bitcoin/crypto fits into the picture.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTBalaji's Twitter: https://twitter.com/balajisBalaji's Website: https://balajis.com/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 Defining Sovereignty in The Digital Age00:07:00 Property Rights and Individual Sovereignty00:10:41 Examples of Market Failure00:14:29 Externalities: Construction Shadows and Warfare00:17:00 The Non-Aggression Principle vs. The Aggression Principle00:21:19 Tribalism and The Principle of “No Internal First Strike”00:27:25 NYDIG00:28:33 The Importance of Defensive Technologies to Peace00:33:08 The Nation-State is Born from Natality00:38:52 The Homeless Problem is Not a Housing Problem00:42:00 The Future: A Centralized East and Decentralized West?00:47:41 A Transition from “The USA” to “America”00:51:10 Bitcoin: A Force of Supranational Sovereignty00:55:16 Chesterton’s Fence and Price Stability00:59:02 Order Books, Price Makers, and Price TakersSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack