The "What is Money?" Show

Bitcoin and the Spiritual Crime of Fiat Money with Bram Kanstein (WiM526)

Oct 29, 2024

Bram Kanstein, a passionate advocate for Bitcoin's philosophical implications, shares captivating insights on the value of money. He explores the detrimental effects of fiat currency on personal consciousness and societal dynamics. The conversation highlights Bitcoin as a solution for financial autonomy and spiritual growth, contrasting it with fiat's consumptive nature. Kanstein also delves into the need for long-term thinking in financial decisions and how Bitcoin can redefine our relationship with money, promoting collaboration and deep connections.

02:10:11

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Quick takeaways

The devaluation of money through fiat currency undermines individual productivity, leading to profound economic and spiritual injustices in society.

Soaring prices of everyday goods exemplify the flawed pricing mechanisms tied to currency devaluation rather than actual product scarcity.

Understanding value as subjective emphasizes the importance of aligning perceived worth with genuine needs in economic exchanges.

Bitcoin's fixed supply and properties create a stable financial environment that fosters saving and cautious spending, unlike fiat currencies.

Deep dives

The Impact of Counterfeit Money

Counterfeit currency has a profound effect on society, stealing decades of productive output from individuals. Approximately one in three people in the United States has essentially lost 50 years' worth of their labor due to this corruption of money's value. Money represents finite energy and time expended by individuals, and when this is compromised, it leads to significant economic and spiritual injustices. Understanding this, it's highlighted that the real problem lies not in the production of goods but in the corrupt monetary system that measures their value.

1.

Intro

5min

2.

Intrinsic Value vs. Currency: A Modern Debate

10min

3.

Reconceptualizing Money: From Fiat to Bitcoin

24min

4.

Exploring Regenerative Agriculture and Bitcoin Entrepreneurship

3min

5.

The Intersection of Spirituality and Finance

3min

6.

The Cost of Currency: Time vs. Money

17min

7.

Money Supply and Economic Misconceptions

7min

8.

Understanding Money Dynamics

4min

9.

Bitcoin vs Fiat: A Transformative Financial Paradigm

23min

10.

The Transformative Power of Bitcoin and Personal Responsibility

6min

11.

Inflation, Bitcoin, and Economic Dynamics

5min

12.

Elevating Consciousness Through Fulfillment

24min

// GUEST //

X: https://x.com/bramk

YouTube: https://www.youtube.com/@bramk

Website: https://bram.beehiiv.com/

LinkedIn: https://nl.linkedin.com/in/kanstein

// SPONSORS //

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// PRODUCTS I ENDORSE //

Protect your mobile phone from SIM swap attacks: https://www.efani.com/breedlove

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// SUBSCRIBE TO THE CLIPS CHANNEL //

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// OUTLINE //

0:00 - WiM Intro

1:20 - What is Value?

10:29 - What is Money?

19:49 - Bitcoin is Engineered Truth

26:42 - 1 Bitcoin = 1 Bitcoin

38:53 - The Farm at Okefenokee

40:03 - Heart and Soil Supplements

41:03 - Helping Lightning Startups with In Wolf's Clothing

41:55 - The Spiritual Crime of Fiat Money

54:23 - Bitcoin is Time

1:03:45 - Tuttle Twins: Teaching Kids Critical Thinking

1:05:02 - Mind Lab Pro

1:06:13 - Kalshi

1:07:22 - Technology is Deflationary

1:12:40 - Bitcoin Fixes Broken Incentives

1:29:26 - Bitcoin is a Mind Virus

1:35:10 - Emerge Dynamics

1:36:13 - Art of Alpha Retreat

1:37:26 - Transitioning from Cents to Sats

1:47:56 - The Value of Play

1:58:44 - Untethered Soul

// PODCAST //

Podcast Website: https://whatismoneypodcast.com/

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// WRITTEN WORK //

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Substack: https://breedlove22.substack.com/

// SOCIAL //

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