The world on a Bitcoin Standard | Seb Bunney

What is the hidden cost of money? How does a World on a BTC Standard look like? How different would it be? Seb Bunney explains. If you want to chat with all the other Channel Members, check this out: https://www.youtube.com/channel/UCYEu3XGuHQy65iJpnzMIRrQ/join Where to store your Bitcoin? I personally use a BitBox! - Get a 5% Discount with code "ROBIN" - & visit: https://robinbtc.link/bitbox Where to buy Bitcoin? I personally use 21bitcoin! - Save fees with my code "ROBIN" - & visit: ⁠https://robinbtc.link/21bitcoin Best place to back-up your seed-phrase: - Get a 10% discount with code "Robin" - & visit: https://robinbtc.link/xellox Guest's contact: https://x.com/sebbunney Summary The conversation explores the potential impact of Bitcoin on society and the role of money in shaping our lives. It highlights the importance of Bitcoin conferences and meetups in fostering open and respectful conversations. The concept of the hidden cost of money is discussed, emphasizing how money can either shape society in positive or negative ways. The conversation also delves into the potential future of borders and governance in a Bitcoin standard, envisioning smaller jurisdictions and an opt-in system. The importance of physical experiences and nature in contrast to the digital world is emphasized. The conversation explores the concept of money as a store of value and the impact of inflation on society. It delves into the idea that prices should be falling due to technological advancements and increased productivity, but instead, they continue to rise due to monetary intervention. This leads to a focus on investing and a lack of time and energy spent on adding value to society. The conversation also touches on the importance of self-custody in Bitcoin and the need for easier and more accessible solutions. The guests discuss the challenges of changing beliefs and the trust placed in third parties and the government. They emphasize the need for curiosity, critical thinking, and personal sovereignty in learning and decision-making. Takeaways Bitcoin conferences and meetups provide a platform for open and respectful conversations among Bitcoiners. Money can shape society in positive or negative ways, and the hidden cost of money is an important consideration. A Bitcoin standard has the potential to change how we show up in life and create a more abundant and prosperous future. Borders may still exist in the future, but smaller jurisdictions and an opt-in system could provide more options and freedom. Physical experiences and nature play a crucial role in our well-being and should not be overshadowed by the digital world. The current monetary system is not acting as a store of value, leading to a focus on investing and a lack of time and energy spent on adding value to society. Prices should be falling due to technological advancements and increased productivity, but inflation caused by monetary intervention is causing prices to rise. Self-custody in Bitcoin is important for personal sovereignty, but it can be challenging and intimidating for many individuals. Beliefs and trust in third parties and the government can hinder the adoption of new ideas and technologies. Curiosity, critical thinking, and personal sovereignty are essential for learning, decision-making, and personal growth. Chapters 00:00 Introduction and Small Talk 02:38 Bitcoin's Potential for Abundance and Prosperity 07:37 The Role of Government in a Bitcoin Standard 15:15 The Impact of Bitcoin on Cost of Living 28:58 Balancing Physical Experiences in a Digital World 34:49 The Potential of the Bitcoin Standard 38:41 The Flaws of the Current Monetary System 42:43 The Importance of Self-Custody and Financial Freedom 49:02 Challenges and Solutions for Making Self-Custody Accessible 54:54 Enhancing Learning and Engagement through Education