Why Central Planning Always Fails | The Aneesh Karve Series | Episode 4 (WiM265)
The "What is Money?" Show
The Three Pillars of Civilization, Language, Law and Money
The worst thing you can do to any self organizing system is to interrupt its internal communications network. Bitcoin has to do one thing for its entire lifetime, and that's count. A world computer? That means it's going to have every bug under the sun. We've seen this with the Dow hack.
Entrepreneur Aneesh Karve joins me for a continuation of our detailed conversation about the book "Discrimination and Disparities," written by Thomas Sowell. We discuss the issues with the government's central planning and its consequences.
GUEST:
Aneesh's Twitter: https://twitter.com/akarve
Discrimination and Disparities: https://www.amazon.com/Discrimination-and-Disparities-audiobook/dp/B078N861YQ/ref=sr_1_1?keywords=discrimination+and+disparities&qid=1660844142&sr=8-1
PODCAST:
Podcast Website: https://whatismoneypodcast.com/
Apple Podcast: https://podcasts.apple.com/us/podcast...
Spotify: https://open.spotify.com/show/25LPvm8...
RSS Feed: https://feeds.simplecast.com/MLdpYXYI
Outline:
00:00:00 “What is Money?” Intro Music
00:00:08 “What is Money?” Intro Message
00:01:40 Do More with Your Digital Assets with Ledn
00:02:24 The Debunking of Invincible Fallacy
00:04:22 No Discrimination Doesn't Equal No Disparity
00:06:54 The Sorting and The Unsorting of People
00:11:44 Why Humans Don't Need a Centralized System of Control To Coexist
00:15:43 Example of People's Self-Sorting Behaviour
00:18:32 Correlation in IQ Between Husbands and Wives
00:19:56 Hidden Consequences of Government's Central Planning
00:26:33 The Line Between Self-interest and Greed
00:34:28 Costs of Unsorting People
00:36:54 "You Must Induce Class Warfare To Seize Power"
00:39:55 How Governments Use "Equality" To Gain Power
00:44:48 The Naivety of Invincible Fallacy
00:46:57 Equal Rules vs Equal Outcomes
00:52:44 Take Control of Your Healthcare with CrowdHealth
00:53:46 A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet
00:54:21 A Chance To Win Discounted Tickets to The Bitcoin 2023 Conference and 10M SATS
00:55:18 Hold Bitcoin is the Most Secure Custody Model with Casa
00:56:06 Technological Leap Forward To Get Out of Political Domain
00:59:58 Ethereum vs Bitcoin and Why Simplicity Under The Law Wins
01:05:52 Why Marxism Dislikes Reality
01:08:19 Free Market Capitalism As an Antidote To The Harsh Realities of The World
01:12:00 What’s Wrong With The Proof of Stake System And Central Planning
01:13:32 Central Planners Keep "Shoulding" All Over Everyone
01:15:38 The Importance of Having a Precise Discourse As a Society
01:19:38 The Argument Between Central Planners And Libertarians
01:22:38 Problems With Central Planning
01:27:45 Terrible Hidden Consequences of No Costs in Bad Decision Making
01:33:43 The Best Antidote To Super Monopolies
01:40:02 "What is Money?" Outro
SOCIAL:
Breedlove Twitter: https://twitter.com/Breedlove22
WiM? Twitter: https://twitter.com/WhatisMoneyShow
LinkedIn: https://www.linkedin.com/in/breedlove22/
Instagram: https://www.instagram.com/breedlove_22/
TikTok: https://www.tiktok.com/@breedlove22?l...
All My Current Work: https://vida.page/breedlove22
WRITTEN WORK:
Medium: https://breedlove22.medium.com/
Substack: https://breedlove22.substack.com/
WAYS TO CONTRIBUTE:
Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7
Sats via Strike: https://strike.me/breedlove22
Sats via Tippin.me: https://tippin.me/@Breedlove22
Dollars via Paypal: https://www.paypal.com/paypalme/RBree...
Dollars via Venmo: https://venmo.com/code?user_id=178435...
The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=328431...
RECOMMENDED BUSINESSES:
Ledn lets you do more with your digital assets: https://www.ledn.io/
CrowdHealth offers an innovative health insurance model based on Bitcoin and community: https://www.joincrowdhealth.com/breedlove
Wasabi Wallet is a Bitcoin wallet with privacy built-in by default: https://wasabiwallet.io/
Join Me At Bitcoin 2023 in Miami, and use discount code BREEDLOVE for a chance to win 10M sats: https://b.tc/conference
Casa is the most secure way to custody your Bitcoin (use discount code BREEDLOVE): https://keys.casa/
Buy High Quality Bitcoin Apparel Here (use discount code BREEDLOVE): https://thebitcoinclothingcompany.com/?sca_ref=2744763.jDn5JzDZxS
Try Feel Free Tonics, a Great Alternative to Alcohol and Caffeine (use discount code BREEDLOVE): https://botanictonics.com
The Only Snack Bar I Will Eat—The Carnivore Bar: https://the-carnivore-bar.myshopify.com/?sca_ref=3135331.u66L01muXY
Remember Everything You Learn from Podcasts
