Bitcoin as an Incorruptible System of Value with Jordan Peterson (WiM168)
The "What is Money?" Show
The Concept of Fiat Currency in the Bicoin Circle
Pag: All human acts of fiat are basically attempts of man to play god, right? We're trying to impose. In your response, you mention this. Ah, as john piege demonstrated, by the way, it's also why psychopathy is, to put it mildly, a sub optimal strategy. So i would love for you to expand upon that. I'd love to hear your prospective on theat and the necessity of mutual, voluntary exchange in human relations.
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
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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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