Seb Bunney, author of The Hidden Cost of Money, dives into the emotional and societal impacts of fiat currency. He discusses how Bitcoin redefines our values, connecting it to personal identity and psychological growth. Bunney examines the emotional toll of economic instability and how traditional money can fuel fear and disconnect. He highlights how adopting Bitcoin promotes long-term thinking and authenticity, while also exploring its potential to foster creative expression and community values in a chaotic financial landscape.
01:23:37
forum Ask episode
web_stories AI Snips
view_agenda Chapters
menu_book Books
auto_awesome Transcript
info_circle Episode notes
question_answer ANECDOTE
The Three Ps vs. Three Cs Anecdote
A mountain bike camp conversation revealed most set goals on prestige, power, and possessions.
True life meaning lies in connections, contributions, and challenges, not materialism.
insights INSIGHT
Money Limits Psychological Growth
Broken money traps society in survival mode, blocking psychological growth up Maslow's hierarchy.
74% of Americans and Canadians live paycheck to paycheck, stuck at basic survival needs.
insights INSIGHT
Bitcoin Shifts Time Preferences
High time preference means focusing on immediate needs; low time preference means thinking long-term.
Bitcoin shifts users toward low time preference by increasing purchasing power and life ease.
Get the Snipd Podcast app to discover more snips from this episode
In 'The Hidden Cost of Money,' Seb Bunney delves into the profound impact of our monetary system on society, revealing how money shapes individual interactions, environmental degradation, family dynamics, and business practices. The book challenges conventional wisdom, providing readers with a deeper understanding of money's role in our lives and how to create positive change.
The Body Keeps the Score
Brain, Mind, and Body in the Healing of Trauma
Bessel van der Kolk
In this book, Dr. Bessel van der Kolk uses recent scientific advances to show how trauma reshapes both the body and brain, compromising sufferers’ capacities for pleasure, engagement, self-control, and trust. He explores various treatments, including neurofeedback, meditation, sports, drama, and yoga, which activate the brain’s natural neuroplasticity to aid in recovery. The book emphasizes the power of relationships in both causing and healing trauma and offers hope through descriptions of novel approaches to treatment. It is based on Dr. van der Kolk’s own research and that of other leading specialists in the field[1][2][5].
The Price of Tomorrow
Why Deflation is the Key to an Abundant Future
Jeff Booth
In 'The Price of Tomorrow,' Jeff Booth argues that technological progress is driving a natural deflationary force in the economy, which is being countered by government and central bank interventions through money printing and debt creation. Booth contends that our current economic systems, built on debt and inflation, are unsustainable and will lead to increased polarization and economic trouble if not adjusted. He advocates for embracing deflation and restructuring our economic frameworks to harness the abundance that technology can bring. The book covers a broad range of topics including the impact of technology on job markets, equality, and societal stability, and it concludes with a call to action for policymakers, business leaders, and entrepreneurs to adapt to these new economic realities.
Fiat Food
Matthew Lysiak
Seb and Preston explore the hidden emotional and societal costs of fiat currency, how Bitcoin changes our perception of value, and why money is more than just economics—it's identity.
IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro
01:28 - The emotional toll of living within a fiat monetary system
10:04 - How Bitcoin changes the way we express values through money
12:55 - The real-life shifts that occur when someone adopts low time preference
15:37 - How hard money can enable authentic altruism and creativity
19:11 - How broken money disrupts psychological growth through Maslow’s hierarchy
20:24 - Why fiat incentives fuel fear, narrow focus, and societal disconnection
22:41 - The impact of viable saving on emotional and creative well-being
25:45 - Why fiat may be driving an identity crisis and inauthentic life paths
33:22 - What Bitcoin reveals about curiosity and intellectual integrity
41:05 - How note-taking and integration fuel personal and intellectual growth
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.
We Study Billionaires - The Investor’s Podcast Network 
