In this episode, I sit down with Jimmy Song to explore the decline of education, and how fiat money corrupts institutions and distorts incentives throughout every layer of society.

If you’re looking for a hard-hitting discussion on why Bitcoin matters beyond just price, this episode is for you.

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––– Chapters –––

00:00 - Intro

01:23 – Introduction to Jimmy Song

09:58 – Jimmy’s latest book: Fiat Ruins Everything

11:14 – The inspiration behind writing the book

13:57 – The deep corruption of the fiat system

14:51 – Rent-seeking and why it dominates fiat economies

18:25 – How fiat steals dreams and replaces meaning

21:52 – The role of fiat education vs. family legacy

26:06 – How fiat companies replace community

29:06 – The decline in education and critical thinking

31:52 – Fiat politics taking over religion

35:27 – How fiat debases morality

40:31 – The rise of virtue signaling

44:55 – Debt, discipline, and the fiat consumption trap

48:28 – Speculative asset bubbles as a form of rent-seeking

51:27 – Resentment toward the wealthy in a fiat world

55:25 – How fiat debases marriage

01:01:20 – The erosion of love and relationships

01:07:17 – Why society devalues population growth

01:17:15 – The significance of children and family

01:21:03 – Postmodern investing and fiat-driven markets

01:29:06 – Are startups a legitimate non-fiat path?

I want to take a moment to express my heartfelt gratitude to all of you for tuning in, supporting the show, and contributing.

Thank you for listening!

Bitcoin and the American Dream

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