Bitcoin as an Incorruptible System of Value with Jordan Peterson (WiM168)
The "What is Money?" Show
Is There Any Justifiable Use Case for Fiat and Human Relations?
Children tend to regard rules as unshakable moral axioms. They see anybody who breaks the rules as a hereticd andaand later, children can start to understand that people are not only those who abide by rules, but those who formulate rules. But mostly, we don't like changing rules. And itis a secondary question of that, is there any justifiable use case for fiat and human relations? Well, kids don't.
Dr. Jordan B. Peterson joins for me a special edition episode exploring the philosophic implications of Bitcoin as an incorruptible system of value. This episode was recorded in front a live studio audience on April 8th, 2022 during the Bitcoin 2022 Conference in Miami, FL.
Be sure to check out Swan Private, your dedicated partner in developing and executing a Bitcoin strategy: https://www.swanbitcoin.com/private/
GUEST
Dr. Peterson's Twitter: https://twitter.com/jordanbpeterson
Dr. Peterson's YouTube: https://www.youtube.com/channel/UCL_f53ZEJxp8TtlOkHwMV9Q
Dr. Peterson's LinkTree: https://linktr.ee/DrJordanBPeterson
PODCAST
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Transcript:
OUTLINE
00:00:00 “What is Money?” Intro
00:00:08 Intro by John Vallis
00:04:38 Standup Comedy Opening by JP Sears
00:27:22 Show Intro by Robert Breedlove
00:31:52 Welcoming Jordan Peterson
00:32:39 The Concept of Fiat and the Ethical Optimality of Voluntary Games
00:43:57 Voluntary Games Optimize the Genuine Motivation of Positive Emotion
00:45:03 Fiat Currency as an Involuntary Game and its Psychological Implications
00:48:10 What Justification is there for Use of Force or Fiat?
00:52:32 “Whenever You’re Doing a Thing You Want, You’re Playing.”
00:55:50 Defining Truth (and its Antagonism to Fiat)
01:00:43 The Spirit of Truth, the Process of Inquiry, and Freedom of Speech
01:04:11 Free Speech is How Humans Contend with an Incomputable Future
01:07:11 How an Incorruptible Money Could Impact the Free Market Process
01:11:44 How The Free Market Enhances Our Relationship with Value
01:13:39 Inflation Penalizes Prudence and, In Doing So, Destroys Civilization
01:16:58 Giving Gratitude to our Sponsors
01:29:40 Controlling Speech and Money as Unerring Hallmarks of Totalitarianism
01:35:04 The Costliness of Signaling and the Sanity of Communication
01:39:18 “The Monetary Standard and Moral Standard are Inexorably Linked”
01:45:09 What are the Unexpected Consequences of Bitcoin?
01:49:00 Systemized Violations of Property and the Inducement of Irresponsibility
01:53:51 Bitcoin and The Philosopher’s Stone
02:00:15 Money is a Promise: A Contract with the Future
02:03:44 The Impact of Technological Innovation on Trust in Society
02:07:02 Christ and the Value of Absolute Truthfulness
02:10:56 The Personal Transformations Occurring in the Lives of Bitcoiners
02:13:05 Bitcoin as a Means of Detaching Exploitation From Economic Success
02:17:03 “What is Money?” Outro
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