When Shift Happens Podcast

E71: Luke Belmar & Meow from Jupiter Exchange: How Crypto Will Stop the Banks from Stealing your Money

May 16, 2024
Luke Belmar and Meow discuss all things crypto, from defining money to avoiding consumerism. They cover beginner mistakes, handling FUD, building a portfolio, community building, and surviving market madness. The conversation touches on Jupiter Exchange, Memecoins, and the importance of investing in people. Overall, a deep dive into the world of cryptocurrencies and blockchain technology.
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INSIGHT

Money As Energy And Trust

  • Money is best understood as a form of human energy and trust rather than a physical object.
  • Printing fiat injects fake energy and steals value from people's real work.
INSIGHT

Cutting Out The Middlemen

  • Decentralized money restores peer-to-peer transactions and reduces middlemen extraction.
  • Crypto cuts intermediaries and returns control of money to individuals.
INSIGHT

Centralization Breeds Unaccountable Power

  • Centralized finance concentrates power and accountability gaps allow arbitrage of public trust.
  • Decentralization increases accountability by letting communities observe and govern money creation.
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