The "What is Money?" Show
The Most Important Question in the World Today | Episode 1 | (WiM297)
Episode guests
Podcast summary created with Snipd AI
Quick takeaways
- Money is a tool for modern economy's commerce.
- Money functions as a medium of exchange and unit of account.
- Money reflects societal values and relationships.
Deep dives
Money as an Abstract Social Contract
Money is seen as a convenient lie, a social construct that represents power and the highest form of power. People buy experiences, status, and power with money. It is considered liquid fitness, representing excess productivity. The value of money lies in what it buys, serving as a tool for a modern economy's commerce.
The Importance of Understanding Money's Nature
Many people overlook the fundamental nature of money and its role as a tool for commerce. While money is not wealth itself, it functions as a secondary tool for conducting commerce efficiently. Money serves as a medium of exchange and a unit of account, allowing for the facilitation of transactions in a complex economy.
Money as an Agglomeration of Power
Money is described as an amalgam of all powers collected by mankind, representing time and energy exchange. It is viewed as a concept and technology reflecting societal values and relationships. The concentration of money and power can lead to societal imbalances, impacting wealth distribution and technological advancements.
Evolution of Money and its Impact on Society
The evolution of money from physical to digital forms showcases its adaptability and communication function. Money serves as a tool for enabling trade and commerce, linking individual and distributed cognition. Society's understanding and relationship with money shape economic policies, educational systems, and societal values.
Bitcoin's Potential as Money and Ethical Considerations
Bitcoin's growing acceptance challenges traditional views on money's properties and functions. Its potential to fulfill key money roles raises ethical and practical questions. The ongoing monetization of Bitcoin highlights its evolutionary track and implications for wealth distribution and sociopolitical structures.
"What is Money?" is the rabbit that leads us down the proverbial rabbit hole. It is the most important question for finding truth in the world. In this series, we will pursue this "rabbit" by engaging in a diversity of deep conversations with deep thinkers from different walks of life.
// SPONSORS //
In Wolf's Clothing: https://wolfnyc.com/
iCoin Hardware Wallet (use discount code BITCOIN23): https://www.icointechnology.com/
CrowdHealth: https://www.joincrowdhealth.com/breedlove
Wasabi Wallet: https://wasabiwallet.io/
Join Me At Bitcoin 2023 in Miami (use discount code BREEDLOVE): https://b.tc/conference/
Casa (use discount code BREEDLOVE): https://keys.casa/
Bitcoin Apparel (use discount code BREEDLOVE): https://thebitcoinclothingcompany.com/
Feel Free Tonics (use discount code BREEDLOVE): https://botanictonics.com
Carnivore Bar (use discount code BREEDLOVE): https://carnivorebar.com/
// OUTLINE //
00:00:00 - Coming up
00:00:57 - Intro
00:02:31 - Helping Lightning Startups with In Wolf's Clothing
00:03:18 - Money is a Tool that Allows Economy to Take Place - Jeff Snider (WiM081)
00:05:45 - Money is Power - Michael Saylor (WiM005)
00:06:39 - An Agreed Concept for Our Time - Jeff Booth (WiM012)
00:09:26 - Money is Freedom - Zuby (WiM031)
00:11:43 - Money is Technology - Dominic Frisby (WiM020)
00:13:56 - The Importance of asking “What is Money?” - Sunny Ray (WiM027)
00:16:34 - Money is Intrinsic to Us and the Way We Communicate - Chris Espley (WiM010)
00:18:24 - Money is an Extension of Mind - Preston Pysh (WiM072)
00:20:50 - Secure Your Bitcoin Stash with The iCoin Hardware Wallet
00:21:47 - Take Control of Your Healthcare with CrowdHealth
00:22:49 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet
00:23:24 - The Statist’s Money vs. The Fantasy Money - Brent Johnson (WiM032)
00:25:39 - Sound Money as an Insurance Policy - Robert Kiyosaki (WiM033)
00:27:30 - The Single Most Important Question in the World Today - Anthony Pompliano (WiM034)
00:29:48 - The More Fundamental the Realm the More You Should be Afraid of Coercion - Alex Epstein (WiM035)
00:32:15 - Money is a Way to Store Your Excess Productivity - George Gammon (WiM036)
00:34:16 - Money is an Accepted Commodity - Bob Murphy (WiM037)
00:34:52 - Money is a Liquid Fitness - Geoffrey Miller (WiM038)
00:35:33 - Money is a Stored Time - Kiara Bickers (WiM041)
00:37:15 - Money as a (Psycho)technology - John Vervaeke (WiM048)
00:41:58 - The Fungibility of Money - Eric Weinstein (WiM108)
00:42:33 - A Chance to Win Discounted Tickets to the Bitcoin 2023 Conference and 10M SATS
00:43:28 - Hold Bitcoin in the Most Secure Custody Model with Casa
00:44:16 - The Most Beautiful Lie? - Santiago Velez (WiM090)
00:47:19 - Money Doesn't Equal Happiness - Russell Lacour (WiM084)
00:49:31 - Money is Language - Neil Passero (WiM094)
00:51:57 - Money isn't a Thing that Comes to Us Naturally - Bradley Rettler (WiM110)
00:56:32 - Money is the Most Valueless Thing - Lester (WiM125)
00:59:19 - Money is an Accepted Means of Exchange - Noam Chomsky (WiM127)
// PODCAST //
Podcast Website: https://whatismoneypodcast.com/
Apple Podcast: https://podcasts.apple.com/us/podcast...
Spotify: https://open.spotify.com/show/25LPvm8...
RSS Feed: https://feeds.simplecast.com/MLdpYXYI
// SUPPORT THIS CHANNEL //
Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7
Sats via Strike: https://strike.me/breedlove22
Sats via Tippin.me: https://tippin.me/@Breedlove22
Dollars via Paypal: https://www.paypal.com/paypalme/RBreedlove
Dollars via Venmo: https://account.venmo.com/u/Robert-Breedlove-2
The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101
// WRITTEN WORK //
Medium: https://breedlove22.medium.com/
Substack: https://breedlove22.substack.com/
// SOCIAL //
Breedlove Twitter: https://twitter.com/Breedlove22
WiM? Twitter: https://twitter.com/WhatisMoneyShow
LinkedIn: https://www.linkedin.com/in/breedlove22/
Instagram: https://www.instagram.com/breedlove_22/
TikTok: https://www.tiktok.com/@breedlove22
All My Current Work: https://vida.page/breedlove22
Remember Everything You Learn from Podcasts
