Motivations and Properties of Money

In this episode with Scott McBlane, we discuss the nature of money, the attributes of ideal money, the central bank of central banks, and why Bitcoin is the closest thing to perfect money humans have ever had. 

Scott McBlane is the host of the YouTube channel called Scott McBlane. 

Twitter: https://twitter.com/scottmcblane 
Youtube: https://www.youtube.com/@ScottMcBlane

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// OUTLINE // 
00:00:00 - Coming up 
00:00:33 - Intro 
00:02:06 - Helping Lightning Startups with In Wolf's Clothing 
00:02:52 - Introducing Robert Breedlove 
00:03:38 - Learning the Nature of Money 
00:05:13 - Introduction to The "What is Money?" Show 
00:07:03 - Language and Money 
00:10:52 - Money: A Medium of Exchange for Human Action 
00:14:19 - Imperfection of Money 
00:16:03 - Money is a Tool 
00:17:33 - Attributes of Ideal Money 
00:18:58 - Global Economy is a Complex Adaptive System 
00:22:15 - Origins of Money and Division of Labor 
00:25:34 - Money is a Primary Part of Civilization 
00:28:01 - Government Didn't Create Money 
00:31:40 - Money is the Most Tradeable Asset 
00:32:43 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet 
00:33:39 - The Barter Problem: Non-Coincidence of Wants 
00:38:20 - What is the Bank for International Settlements 
00:41:50 - Organized Corruption of Money 
00:45:16 - The Money Printing Machine 
00:47:33 - The Need for an Immune Money to Counterfeiting 
00:48:30 - The Problem with Gold 
00:51:04 - Bitcoin: The Ultimate Uncounterfittable Money 
00:53:05 - Like Zero, Bitcoin is an Absolute Innovation 
00:54:51 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet 
00:55:43 - Quality of the Money Dictates Its Transaction 
00:57:51 - People Want Specific Outcomes of the Goods 
00:59:42 - Five Useful Properties of Money 
01:02:32 - Properties of Money Determine its Purchasing Power 
01:05:31 - Why Bitcoin is the Perfect Money 
01:09:49 - Bitcoin: The Invention of Pure Money 
01:13:07 - Experience of Meeting Jordan Peterson 
01:18:13 - Fix the Money, Fix the World

// PODCAST // 
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