Mike Hill joins for me for a multi-episode exploration of the masterful book “Lila: An Inquiry Into Morals” written by best-selling author Robert Pirsig. This book may be one of the most undervalued ever written, as it proposes an alternative interpretation of reality that Pirsig calls “The Metaphysics of Quality” (MOQ). According to MOQ, reality is not made up of substance, but rather it is composed of distinct patterns of value. In a Copernican-like revolution of perspective, MOQ sheds new light on age-old debates such as moral relativism, the nature of subject-object duality, good vs. evil, science vs. religion, the importance of freedom, and the primacy of action.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTMike’s Website: https://www.mikehill.design/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 The Ambiguity of Insanity00:02:52 The Example of the Zuni Cultural Immune System00:06:36 The Totalitarian Impulse of Left-Hemispheric Dominance00:10:16 Totalitarianism Rigidifies Due to Lacking Liquidity of Information00:13:18 The Autophagy of Capitalism and the Cancer of Central Banking00:17:40 Suffering as Attachment, Attachment as Static00:21:13 The Compass of Morality Up and Down the Stack of Static Value Patterns00:26:46 Demand as Dynamic Quality Generating the Static Quality of Supply00:32:16 NYDIG00:33:26 The Brujo and the Adaptivity of Ancient Zuni Culture00:39:19 Cultural Patterns of Static and Dynamic Good00:42:05 The Brujo as a Cultural Bridge Between Value Systems00:46:41 Action as the Purposive Exchange of Value to Create The Good00:48:14 Atonement as the Harmonization of Competing Intrapsychic Value Systems00:52:41 Viewing Value as Primary Calls into Question Every Prior Perception00:54:51 Hornevian Triads of Human Action in Respect to Volition00:57:23 The Emergence of American Values00:58:50 Incentive as the Ratio of Value Received to Value GivenSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Erik Cason Joins me for an in-depth conversation exploring some of his written works and Kantian philosophy related to the nature of truth and power in the context of Bitcoin’s emergence.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTErik’s Twitter: https://twitter.com/ErikcasonErik’s Website: http://cryptosovereignty.org/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 The Military Value of Cryptoassets00:05:09 Bitcoin as a Refusal of the Praxis of Violence00:08:40 Physical Power vs. Political Power00:11:58 The Nature of True Crypto-Sovereignty00:16:00 Encountering Truth and Emergence of the Cyphernet00:21:00 Money as the Prime Mover; Organizations are Applications of Money00:25:07 The Incentives Underlying Statism00:29:21 Satoshi as Homo Sacer00:35:54 Satoshi as a Pioneer of a New Digital Continent00:43:01 Bitcoin Kicking Off the “Knife Fight Between Nation-States”00:48:37 Agape and the Encounter with the “Perfect Other”00:57:48 Human Nature: A Core Component of Bitcoin01:01:04 NYDIG01:02:12 An Economic Machine of Truth Requires Proof-of-Work01:07:54 Bitcoin is Parasiticide to Bureaucracy01:17:05 Reimagining the Meta-Structures Superimposed on Power Relations01:21:31 The Inversion of Politics: “Truth, Not Authority, Makes Legitimacy”01:32:06 Physics-Rooted Encryption Bringing Humans Nearer to Natural Law?01:40:23 Enlightenment as the Emergence of Nonage01:47:24 All Human Decrees by Fiat are Attempts at Playing God01:58:22 A Hopeful Vision for the Adaptation of Statism to Bitcoin02:02:02 Enlightenment Requires the Free Use of Human Reason02:11:11 Bitcoin as the Only Antidote to the Self-Deception of Fiat02:16:09 3% Global Adoption as a Catalyst to Hyperbitcoinization?02:21:21 “Righteous Anger is that which is Directed at Resolution”02:27:11 The Risk of a Core Error in Bitcoin02:29:20 The Paradoxical Concourse of Human PoliticsSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Balaji Srinivasan joins me for a multi-episode series exploring sovereignty in The Digital Age, geopolitical game theory, the future of statism, and how Bitcoin/crypto fits into the picture.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTBalaji's Twitter: https://twitter.com/balajisBalaji's Website: https://balajis.com/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 Quantifying Decentralization00:07:30 Fundamentally, this Model is Quantifying Intuition…00:14:39 The Goal: Identifying the Most Centralized Component00:17:20 The Role of Path-Dependence in Decentralization00:20:00 The Danger of Monoculture00:25:00 “Trust in God But Keep Your Powder Dry”00:32:29 Chain Interoperability and an Attack on Bitcoin Mining00:34:20 Entering the Time of Total Cyberwar00:37:32 NYDIG00:38:42 Incentive Blindness00:44:42 “The Dose Makes the Poison”00:48:01 Quantity and Quality Metrics00:51:16 “Revolutions are Judged by their Fruits”00:57:23 The Pragmatic Calculation of Self-Interest01:02:56 Legacy Journalism Disabled the Our Early Warning System01:08:30 The Most Important Ethical Question of the 21st Century01:11:26 What Drives Balaji? And Where is the World Going Next?01:17:57 Mathematical Advancement as the Primary Metric for CivilizationSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Balaji Srinivasan joins me for a multi-episode series exploring sovereignty in The Digital Age, geopolitical game theory, the future of statism, and how Bitcoin/crypto fits into the picture.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTBalaji's Twitter: https://twitter.com/balajisBalaji's Website: https://balajis.com/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 Wargaming: East vs. West00:08:48 A Potential Restructuring of Geopolitical Power00:12:58 “The Bitcoin Seizure Bill” of the Late-2020s?00:16:52 A Scenario Where Both CCP and BTC Win00:19:31 The Fragmentation of Sovereignty in The West00:22:50 “Three New Deals”: China as the 21st Century Exception00:26:34 Defense of The Decentralized West vs. The Centralized East00:30:03 An Optimalist Operates with a Limiting Principle00:32:31 Bitcoin Breaks All Incompetent States00:36:23 Looking Deeper into the Coming Centralized vs. Decentralized Struggle…00:40:38 Decentralization and the Disorganization of Violence00:45:12 “When there is Anarchy, People Want Leadership”00:48:20 Human Root Access: The Moral Justifications of Action00:53:52 China Without the US-Check On It is a Whole Different Animal00:56:13 Will All Software Backends Go “Blockchain” Eventually?01:03:17 Re-Bundling Civilization into Sovereign CollectivesSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Balaji Srinivasan joins me for a multi-episode series exploring sovereignty in The Digital Age, geopolitical game theory, the future of statism, and how Bitcoin/crypto fits into the picture.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTBalaji's Twitter: https://twitter.com/balajisBalaji's Website: https://balajis.com/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 Stupid vs. Evil (21st Century Journalism)00:09:16 The No Handshake Policy00:10:50 The Centralization Inherent to Traditional Media00:14:14 “The Monopoly of Truth is Effectively the Monopoly on Violence”00:18:18 The Journalistic Incentive to Incite Conflict00:21:09 Once Upon a Time, Google was a Neutral Search Engine00:24:12 The Prevalence of Foreign-Made Goods to US Lifestyles00:30:10 The More One Resorts to Coercion, the Less Firm One’s Hold on Power00:33:58 The Rising Empire of China00:40:01 The Chinese Anti-Corruption Model00:42:54 NYDIG00:44:01 The Secret Document that Transformed China00:49:38 The Hierarchal Management Model of China00:54:19 “Social Media Basically Defines Celebrity Today”00:57:37 “If It Bleeds It Leads”: The Broken Incentives of Journalism01:05:37 Digital Content Becoming a Goal-Oriented Set of Stimuli?01:10:29 Reforming Legacy Journalism01:12:37 The Rise of “Wokism” and the Collapse of Legacy Journalism01:18:39 Centralized Media Companies as Bottlenecks to Truth-Discovery01:24:44 Reintroducing Entrepreneurship to Journalism via DecentralizationSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Balaji Srinivasan joins me for a multi-episode series exploring sovereignty in The Digital Age, geopolitical game theory, the future of statism, and how Bitcoin/crypto fits into the picture.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTBalaji's Twitter: https://twitter.com/balajisBalaji's Website: https://balajis.com/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 The “Glorious Purpose” of Property Protection00:06:36 NYT, CCP, and Woke Capital00:12:00 Sovereignty vs. Self-Sufficiency00:16:02 “Religious Fundamentalism Isn’t Always Pretty”00:19:38 NYDIG00:20:46 Cultural “Horizontal Gene Transfer”00:22:53 The Ideological Virality of Communism in History00:27:07 A Stable State of Combined Moral Justification and Raw Power00:29:58 The Dangers of an “Inclusive” Ideology00:32:42 Rigid Hierarchies Hurting Human Cooperation00:36:32 “The Decentralized Center”00:38:47 The Whitewashing of Communism in History00:40:52 The Nepotism of NYT00:43:25 Favor-Trading00:45:36 Zuckerberg as an Entrepreneur00:47:51 Euphemism and Dysphemism SOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Balaji Srinivasan joins me for a multi-episode series exploring sovereignty in The Digital Age, geopolitical game theory, the future of statism, and how Bitcoin/crypto fits into the picture.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTBalaji's Twitter: https://twitter.com/balajisBalaji's Website: https://balajis.com/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 What Happens When the US Military Fails?00:07:55 The Dangers of Administrative Mimicry00:11:50 The Maginot Line00:16:57 Social Cohesion and Mutual Trust00:17:25 NYDIG00:18:33 The Public Defeat of the US in Afghanistan00:24:31 Slogans: “Battle Cries of the Dead”00:28:52 The “Cope” of the US Military Post-Afghanistan Retreat00:35:10 “What are you a Patriot Towards, and a Customer Of?”00:39:20 The Co-Evolution of Creator and Creation00:43:37 The Levels of Living of Libertarianism00:47:39 The Overwhelming Value of the Division of Labor00:50:33 “The Great Resignation Will Trigger the Great Automation”00:54:10 The Berlin Wall Was Built to Keep Taxpayers InSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Balaji Srinivasan joins me for a multi-episode series exploring sovereignty in The Digital Age, geopolitical game theory, the future of statism, and how Bitcoin/crypto fits into the picture.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTBalaji's Twitter: https://twitter.com/balajisBalaji's Website: https://balajis.com/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 The Future of a “Price Stable” Fiat Currency00:04:24 The Future of On-Chain Automation00:08:30 Bitcoin as Point “Zero, Zero” of Global Digital Economy00:11:22 The Geopolitical Thesis, Antithesis, and Synthesis of Bitcoin00:15:32 The Lindy Effect, Bitcoin, and Technological Disruption00:19:13 Will Other Forms of Property Become Digitized?00:22:14 Bitcoin is Both for Power Users and the Marginalized Users00:25:25 NYDIG00:26:32 The Polarity of Adoption for Bitcoin and Digital Securities00:30:44 Satoshi Nakamoto was Not a Bitcoin Maximalist00:34:43 Bitcoin’s Path Toward Global Dominance00:37:08 Antiquated Securities Laws and Social Scalability00:41:55 Holding the Principle Above the Implementation00:48:57 “There’s Nothing So Good That You Can’t Overdo It”00:52:54 Champagne Socialism is the Only Kind of Socialism00:57:06 Transhumanism vs. Anarcho-Primitivism01:03:13 The History of Maoism and How China Got Rich01:11:14 In Communist China, Entrepreneurship was Punishable by DeathSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Balaji Srinivasan joins me for a multi-episode series exploring sovereignty in The Digital Age, geopolitical game theory, the future of statism, and how Bitcoin/crypto fits into the picture.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTBalaji's Twitter: https://twitter.com/balajisBalaji's Website: https://balajis.com/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 Defining Sovereignty in The Digital Age00:07:00 Property Rights and Individual Sovereignty00:10:41 Examples of Market Failure00:14:29 Externalities: Construction Shadows and Warfare00:17:00 The Non-Aggression Principle vs. The Aggression Principle00:21:19 Tribalism and The Principle of “No Internal First Strike”00:27:25 NYDIG00:28:33 The Importance of Defensive Technologies to Peace00:33:08 The Nation-State is Born from Natality00:38:52 The Homeless Problem is Not a Housing Problem00:42:00 The Future: A Centralized East and Decentralized West?00:47:41 A Transition from “The USA” to “America”00:51:10 Bitcoin: A Force of Supranational Sovereignty00:55:16 Chesterton’s Fence and Price Stability00:59:02 Order Books, Price Makers, and Price TakersSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

In this special edition episode of WiM, Linda Hill joins me to ask some beginner-level questions about Bitcoin, and I attempt to answer them as simply and as thoroughly as possible.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 What is Crypto?00:10:08 Who Invented Bitcoin?00:13:39 What Makes Gold Valuable?00:15:42 Properties of Money00:22:35 Scarcity of Money00:32:36 NYDIG00:33:43 Bitcoin’s Properties Replicating the Properties of Gold00:39:24 Phases of Money00:44:12 The Emergence of Government in Protecting Money00:47:18 Bitcoin’s Phases of Becoming Money00:52:49 Why Bitcoin and Not Other Cryptoassets?01:01:53 What Makes Bitcoin Safe?01:09:39 What is a Node and what is Mining Bitcoin?01:19:33 Mining as a Lottery01:21:34 The Dynamics of Price Fluctuations in Bitcoin/Markets01:31:18 Value and Worth01:36:39 Bitcoin and Taxes01:42:00 Argument Against Taxation01:49:12 History of Coercion by Governments01:54:23 Energy & Bitcoin02:01:14 Proof of Stake02:05:40 Why Bitcoin is Not a Ponzi Scheme02:10:09 Inflation Promoting GamblingSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack