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The Nature of Money
Nick Shaboh, the founder of Bitcoin, believes that if we go back to a proper gold standard then there is no need for Bitcoin. But he also argues that trust the third parties are security holes which will always exist. The barter economy created money by allowing people to accept something they don't really want but know someone else will do it too.
Mr. Luna joins me to discuss the definition of money throughout history, the significance of Bitcoin’s market volatility, and why responsibility is so important.
Luna is the host of the Spanish Bitcoin podcast Lunaticoin.
// GUEST //
Twitter: https://twitter.com/lunaticoin
Website: https://lunaticoin.com/
Podcast: https://www.youtube.com/c/lunaticoin
// SPONSORS //
In Wolf's Clothing: https://wolfnyc.com/
iCoin Hardware Wallet (use discount code BITCOIN23): https://www.icointechnology.com/
Gold Investment Letter: https://www.goldinvestmentletter.com/
CrowdHealth: https://www.joincrowdhealth.com/breedlove
Wasabi Wallet: https://wasabiwallet.io/
Casa (use discount code BREEDLOVE): https://keys.casa/
Bitcoin Apparel (use discount code BREEDLOVE): https://thebitcoinclothingcompany.com/
Feel Free Tonics (use discount code BREEDLOVE): https://botanictonics.com
Carnivore Bar (use discount code BREEDLOVE): https://carnivorebar.com/
// OUTLINE //
00:00:00 - Coming up
00:00:29 - Intro
00:02:02 - Helping Lightning Startups with In Wolf's Clothing
00:02:48 - Introducing Mr. Luna
00:03:46 - Life Story and Bitcoin Journey
00:06:22 - How Robert Got into Bitcoin
00:07:28 - Orange Pill Moment
00:09:05 - The Inflection Point
00:11:07 - How Robert Got the Bitcoin Signal
00:12:37 - The 'Matrix' of Bitcoin
00:13:36 - Historical Impact of Money
00:18:11 - How Political Decisions Changed the Meaning of Money
00:23:23 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet
00:24:20 - Maximize Your Profits with Gold Investment Letter
00:25:16 - Take Control of Your Healthcare with CrowdHealth
00:26:18 - An Era of Free Banking
00:28:17 - The Financial Honeypot
00:29:41 - What is Money?
00:32:04 - Money is a Medium of Communication
00:34:22 - Will Bitcoin be the Money?
00:39:54 - The Question of Liability
00:44:18 - The Significance of the Asset Cost
00:45:35 - Bitcoin's Market Cap, Volatility, and Purchasing Power
00:49:38 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet
00:50:30 - Hold Bitcoin in the Most Secure Custody Model with Casa
00:51:18 - Perspective on the Bitcoin Philosophy
00:56:50 - How Bitcoin is Weakening the State
01:00:06 - Bitcoin Secures Private Property Rights
01:03:40 - With Great Power Comes Great Responsibility
01:08:11 - Where to Find Luna on the Internet
// 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
// SUPPORT THIS CHANNEL //
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/RBreedlove
Dollars via Venmo: https://account.venmo.com/u/Robert-Breedlove-2
The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101
// WRITTEN WORK //
Medium: https://breedlove22.medium.com/
Substack: https://breedlove22.substack.com
// 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
All My Current Work: https://vida.page/breedlove22
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Listen to the best highlights from the podcasts you love and dive into the full episode