The "What is Money?" Show

WiM019 - The Booth Series | Episode 9 | Game Theory and Bitcoin

May 25, 2021

01:10:51

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Quick takeaways

Bitcoin disrupts the existing financial system by eliminating corruption and providing a transparent alternative.

Game theory helps understand the importance of cooperation and trust in societal progress.

Bitcoin encourages positive values such as gratitude, connection, and trust, offering a new perspective on wealth and prosperity.

Deep dives

Bitcoin as the Future of Finance

Bitcoin is regarded as the single most important asset of the 21st century, with Nidig being an important player in the Bitcoin market. Nidig's mission is to bring professionalism and sophistication to the Bitcoin marketplace, offering services like Bitcoin transactions and asset management. Led by savvy individuals, Nidig is contributing to the institutional adoption of Bitcoin.

I Think It's Still Early, Then Corporations, Then Governments

03:12

Iterative Game Theory

04:50

Relly, Isn't It True?

02:10

Introduction

3min

Iterative Game Theory

5min

I Think It's Still Early, Then Corporations, Then Governments

3min

Game Theory Is a Science

2min

Ther Mining Piece A.

2min

The Game of Life Is Not to Win, Just Win at All Costs in Any One Game

2min

Relly, Isn't It True?

2min

How Do We Interpret Bit Coin Through a Game Theory?

6min

The Race to Debase Is a Race to Accumulate Bit Coin

2min

10.

Bitcoin Is the Safest Bat You Could Make

2min

11.

The Prisoner's Dilemma

2min

12.

Are We Prepared for What the Future Looks Like?

4min

13.

Is There a Step Beyond Skinnin the Game?

2min

14.

The Ontrveneral Risk

2min

15.

We Need More Risk Takers in the World

2min

16.

U B I

3min

17.

Is There a New System Ofism?

3min

18.

Is There a Mechanical Way to Get Allicated to the People?

2min

19.

I Could Change, I Can Change. I Can't Change.

2min

20.

Xac, You Don't Need to Be Here, Right?

2min

21.

The Gold Standard Is Changing Fast

2min

22.

Gold Bugs, Is That the Sorce of Derangement?

2min

23.

Strong Opinions, Weakly Held

2min

24.

The Importance of Aam's Razor

2min

25.

Is Money an Extension of Mind?

2min

26.

You Attract Ives O and and Bitcoin

4min

27.

What Do You Really Need?

2min

28.

The Art of Living a Life Philosophy

2min

Jeff Booth joins me for a multi-episode conversation covering the concepts laid out in his book "The Price of Tomorrow: Why Deflation is Key to an Abundant Future"

Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/

GUEST
Jeff's Twitter: https://twitter.com/JeffBooth
Jeff's Book: https://www.amazon.com/Price-Tomorrow-Deflation-Abundant-Future/dp/1999257405/ref=sr_1_2?keywords=the+price+of+tomorrow&qid=1574403883&sr=8-2

PODCAST
Podcast Website: https://whatismoneypodcast.com/
Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400
Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1
RSS Feed: https://feeds.simplecast.com/MLdpYXYI
Transcript:

OUTLINE
00:00:00 “What is Money?” Intro
00:00:05 NYDIG
00:01:22 Geopolitical Game Theory
00:10:50 Prisoner’s Dilemma and Divisiveness
00:13:27 A Series of Prisoner’s Dilemmas
00:14:11 Solving the Byzantine Generals Problem
00:16:54 An Incorruptible Base Layer
00:20:37 Bitcoin Game Theory, In Practice
00:25:58 Fiat Currency: A “Race to Debase”
00:28:25 The Macro-Structural Game Board
00:29:48 Inflation is Falsehood
00:31:22 Soul in the Game
00:35:40 Risk and Reward
00:40:47 UBI: An Unwinnable Game?
00:49:57 Political Games
00:55:57 Gold: The Original Governor of Governments
00:58:54 Group Identity Politics
01:01:55 Gratitude’s Gravity
01:03:12 Jeff’s Greatest Lesson…

SOCIAL
Twitter: https://twitter.com/Breedlove22
LinkedIn: https://www.linkedin.com/in/breedlove22/
Instagram: https://www.instagram.com/breedlove_22/
Medium: https://breedlove22.medium.com/
All My Current Work: https://linktr.ee/breedlove22

CONTRIBUTE
Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7
Patreon: https://www.patreon.com/user?u=32843101&fan_landing=true

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The "What is Money?" Show

WiM019 - The Booth Series | Episode 9 | Game Theory and Bitcoin

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Bitcoin as the Future of Finance

The Relevance of Game Theory

Bitcoin as a Game Changer

The Impact of Money on Belonging

Gratitude, Abundance, and Bitcoin

I Think It's Still Early, Then Corporations, Then Governments

Iterative Game Theory

Relly, Isn't It True?

Get the Snipd
podcast app

AI-powered
podcast player

Discover
highlights

Save any
moment

Share
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highlights

The "What is Money?" Show

WiM019 - The Booth Series | Episode 9 | Game Theory and Bitcoin

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Bitcoin as the Future of Finance

The Relevance of Game Theory

Bitcoin as a Game Changer

The Impact of Money on Belonging

Gratitude, Abundance, and Bitcoin

I Think It's Still Early, Then Corporations, Then Governments

Iterative Game Theory

Relly, Isn't It True?

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Discoverhighlights

Save anymoment

Share& Export

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