The "What is Money?" Show

Eric Weinstein joins me for a multi-episode conversation covering mathematics, physics, history, politics, economics, and money.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTEric's twitter: https://twitter.com/EricRWeinsteinEric's YouTube: https://www.youtube.com/ericweinsteinphdEric's Podcast: https://ericweinstein.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 Bitcoin as Coercion-Resistant Money00:01:39 The Byzantine General’s Problem and “Build Back Better”00:04:49 “Owning Nothing, but Controlling Everything”00:08:46 More Efficient to Own the Flow Rather than the Stock?00:11:14 Bitcoin: The Untouchable Asset00:14:28 Drawing Lessons from the RIAA Legal Attacks00:17:04 The History of Alpine Banking00:18:57 Will the Superrich Scapegoat the Rich?00:20:30 NYDIG00:21:39 Manipulating the Money Supply and the Nature of Insanity00:27:35 Genocide and the Theatricality of Evil00:31:03 Can Humanity Ever Leave the Earth?00:35:28 The Importance of Funding Physics00:37:15 The Deep Corruption of “The Elite”00:40:29 The Criticality of “Fuck You Money” for Fixing the World00:44:26 Pessimism as an Inhibition on Innovation00:48:37 “If You’re So Rich, Why Aren’t you Smart”00:51:38 The Tactic of Bitcoiners Endowing University Economics Chairs00:54:03 A Call to Action for Bitcoiners to Execute Grander StrategiesSOCIALBreedlove 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-2022-26217Put your Bitcoin to work. Earn up to 6% interest back on Bitcoin with Tantra: https://bit.ly/3CFcOmgAutomatic 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/BREEDLOVE22

Santiago Velez joins me for a fascinating dialogue on the nature, philosophy, and physics of money, markets, and human action.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTSantiago's Twitter: https://twitter.com/Santiag78758327PODCASTPodcast 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 Money: The Most Beautiful Lie?00:03:51 Defining Value00:07:23 The Ability to Express Your Willpower to the World00:12:29 Money & Currency Networks00:19:10 Geographic Consensus00:25:16 “Every Tool is a Weapon if you Hold it Right”00:29:41 The Weaponization of the Dollar00:35:00 Taxation00:38:06 The Intentions Behind Our Current Central Banking System00:43:50 Fiat Currency: Self-Deception at Scale00:52:50 Zeroing-in on the Most Truthful Fiction01:03:29 NYDIG01:04:38 Harnessing Willpower & the Rate of Coercion01:12:54 Dollarization Continues in the Near-Term01:18:06 Gradients and Rates of Flows01:25:09 Evangelizing Bitcoin01:29:28 Harvesting Economic Surplus01:34:53 Santiago's Pinned Tweet01:40:29 Fiat Drives Centralization01:43:39 Maximizing Purchasing Power Among Digital Assets01:51:20 Assigning Value to 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-2022-26217Put your Bitcoin to work. Earn up to 6% interest back on Bitcoin with Tantra: https://bit.ly/3CFcOmgAutomatic 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/BREEDLOVE22

Jeffrey A. Tucker joins me for a conversation about his beautiful written work titled "The Purges Have Begun," covering the preciousness of human freedom and the fortitude necessary to protect it in this "post-modern" world.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTJeffrey's Twitter: https://twitter.com/jeffreyatuckerJeffrey's Written Work: https://jeffreytucker.me/"The Purges Have Begun": https://brownstone.org/articles/the-purges-have-begun/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 Purges Have Begun00:07:07 March 2020: The Inflection Point00:11:46 Taxation as Societal Bifurcation00:15:39 “A Life Without Politics is Boring”00:22:58 We Don't Study History to Learn Lessons00:27:54 NYDIG00:29:03 Bitcoin Never Blinked00:33:32 A Beautiful Anarchy00:36:43 Radical Deprivation in 2022?00:40:00 The “Regime” Cannot Compete00:45:30 What Happens When the State Becomes Irrelevant?00:51:25 Failure of The StateSOCIALBreedlove 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-2022-26217Put your Bitcoin to work. Earn up to 6% interest back on Bitcoin with Tantra: https://bit.ly/3CFcOmgAutomatic 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/BREEDLOVE22

Jeff Snider joins me for a multi-episode conversation exploring the evolution of money and central banking throughout the 20th and 21st centuries.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTJeff's twitter: https://twitter.com/JeffSnider_AIPJeff's writing: https://alhambrapartners.com/author/jsnider/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 Stealth Emergence of the Eurodollar00:03:39 Similarities with Stablecoins00:06:03 The Medium of Global Exchange00:09:55 Making Money by “Making Money”00:13:09 Reputation: The Original Store of Value00:17:46 Regulation Q & Regulation D00:23:43 Perfect Storm for the Eurodollar00:31:02 NYDIG00:32:09 Eurodollar: The First Digital Currency00:37:18 Final Settlement & Reserve Risk00:40:00 Accounting Gimmicks & the Bank Balance Sheet Reserve System00:44:43 The Fed Losing Control of Money in the 1960’s00:48:23 Differed Store of Value of the Eurodollar00:51:00 Expectation-Based System Fallacy & Irrational Exuberance00:56:19 Stagflation in the 1970’s00:58:36 Phillip's CurveSOCIALBreedlove 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-2022-26217Put your Bitcoin to work. Earn up to 6% interest back on Bitcoin with Tantra: https://bit.ly/3CFcOmgAutomatic 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/BREEDLOVE22

Jimmy Song joins me for a multi-episode conversation covering the masterful anti-state treatise “Democracy: The God that Failed” written by Hans-Hermann Hoppe.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTJimmy's twitter: https://twitter.com/jimmysongJimmy's podcast: https://podcasts.apple.com/us/podcast/bitcoin-fixes-this/id1523910866Jimmy's writing: https://jimmysong.substack.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 Involuntary Exchange: A Zero-Sum Game00:03:08 “Every Public Election is an Advanced Auction on Stolen Goods"00:12:07 The Individual is Elemental to Civilization00:19:55 Government: “Sticks in a Flywheel”00:25:33 The More Power, the More Parasitism00:35:28 NYDIG00:36:35 Monarchy vs. Democracy00:43:06 Low Time Preference Incentives of Monarchy00:54:25 Monarchs have "Skin in the Game"01:06:44 High Time Preference of Democracy01:10:09 Eminent Domain = Legalized Theft in Democracy01:16:01 Democracy is a Magnet for Bad ActorsSOCIALBreedlove 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-2022-26217Put your Bitcoin to work. Earn up to 6% interest back on Bitcoin with Tantra: https://bit.ly/3CFcOmgAutomatic 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/BREEDLOVE22

Eric Weinstein joins me for a multi-episode conversation covering mathematics, physics, history, politics, economics, and money.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTEric's twitter: https://twitter.com/EricRWeinsteinEric's YouTube: https://www.youtube.com/ericweinsteinphdEric's Podcast: https://ericweinstein.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 Bitcoin Mining as the Bridge Between Digital and Physical00:02:36 The Issue of Theft00:05:04 Transactional Anonymity and the Value Proposition of Bitcoin00:07:57 Bitcoin’s Killer App: “It Makes You Rich”00:11:00 Scarcity is Absolutely Essential to Freedom00:14:56 Bitcoin “Toxic Maxulinity”00:17:29 Shitcoins as “Counterfeit Bitcoin”00:21:53 Bitcoin as “Goldilocks Money”00:23:57 How Secure is Satoshi’s Discovery?00:26:20 The Problem of the US Dollar as Numeraire00:28:26 “What If The Government Made All the Thermometers?”00:30:29 NYDIG00:31:37 Gauge Theory as a Way to Protect the Gauges00:32:32 Potential Threats to Bitcoin00:36:30 Bitcoin as a Culture of Temptation-Resistance00:39:05 Simulating a Bitcoin Market Cycle00:42:21 Central Banking Makes Bitcoin “Number Go Up” Forever00:48:30 The “Charismatic Campaigner” Risk00:52:06 The Trauma of Being Vindicated on Bitcoin00:54:55 Trait Disagreeableness is Common Among the Rich00:56:52 Sharing Some Perspectives on Taleb and MuskSOCIALBreedlove 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-2022-26217Put your Bitcoin to work. Earn up to 6% interest back on Bitcoin with Tantra: https://bit.ly/3CFcOmgAutomatic 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/BREEDLOVE22

Eric Weiss joins me to discuss the book "Genghis Khan and the Making of the Modern World," his Bitcoin story, and his orange-pilling of the Bitcoin gigachad himself: Michael Saylor.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTEric's Twitter: https://twitter.com/Eric_BIGfundEric's Company: http://www.big.fund/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 Genghis Khan and the Making of the Modern World00:08:00 Khan’s Religious Diversity00:12:35 Unite & Conquer00:17:35 Khan’s Institution of Money & Civility00:21:02 Not Just Skin in the Game but Soul in the Game00:23:25 “Rules for thee but not for me”00:27:00 Bitcoin: The Great Unifier?00:33:00 Bitcoin is Hope00:35:09 Regulation for Bitcoin00:41:04 NYDIG00:42:11 Eric’s Introduction to Bitcoin00:49:20 Bitcoin from 2013 to 202100:53:05 The Ultimate Positive-Sum Game00:55:11 Venture Capital to Hedge Fund01:01:09 Evolution of Asset Allocation01:06:03 ⅓ Property, ⅓ Business, ⅓ Bitcoin01:10:58 Institutional Allocation in Bitcoin01:13:14 Gold’s Failures & Bitcoin’s Consumption of Gold’s Market Share01:19:00 Humanity’s Inability to Think Exponentially01:21:46 The "Orange Pilling" of Saylor01:30:07 Saylor’s Foresight & Fortitude 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-2022-26217Put your Bitcoin to work. Earn up to 6% interest back on Bitcoin with Tantra: https://bit.ly/3CFcOmgAutomatic 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/BREEDLOVE22

Russell Lacour joins for me a mind-expanding exploration of the book “Inner Engineering: A Yogi’s Guide to Joy," focusing on the nature of individual self-responsibility and freedom.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTRussell's Twitter: https://twitter.com/Russell_LaCourRussell's Company: https://tantralabs.io/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?” Intro00:00:16 The Function of the Guru00:02:19 The Market is a Psychological Drama00:06:54 Responsibility: The Ability to Choose How to Respond00:12:48 Bitcoin is an Inverse Ponzi Scheme00:18:52 Is a Post-Money World Possible?00:25:33 Yoga as Self-Transformation00:31:12 Consciousness as the Universe Engaged in Self-Reflection00:35:29 At the Edge of Eternity is the Unity of Opposites00:41:32 Inner Engineering as the “User Manual” to Self00:44:12 Love as Human Possibility, Rooted in Limitation00:50:33 The Metaphysics of “Something and Nothing”00:58:03 Death, Sleep, the Sacred01:06:51 Thinking is Separating; Feeling is Unifying01:12:23 Tantra: A Technique or Technology01:19:35 Economizing and Amplifying Access to Dopamine01:28:52 GPS: “Guru Pathfinding System”01:36:17 “The Way is in Training”01:45:40 “A Free Mind Never Concludes”01:47:17 NYDIG01:48:26 The Nature of Choice in The Digital Age01:56:48 All Value Creation Requires Voluntary Action02:05:18 “If Money Were No Object, How Would You Spend Your Life?”02:07:48 The Quicker You Take Responsibility, The Better the Outcome02:16:24 The Only Two Things We Can Control in Life: Effort and Attitude02:24:24 “The Mind is a Great Servant, but a Terrible Master”02:28:58 Material Engagement Theory and The Mind/Matter Continuum02:37:19 Responsibility as the Art of Freedom02:45:00 Fiat Money as a Means of Enslavement02:56:21 A Purpose of Bitcoin: Highlighting the Flaws of Fiat03:04:08 Inflation and Taxation as Dials for Turning Up Slavery03:12:08 The Ability to Respond it the Basis of Life03:20:52 Private Property is the Basis of Responsibility and Freedom03:29:10 Taxpayers: The Crop Harvested by Statism03:34:19 Bitcoin Reinstitutes Responsibility in the WorldSOCIALBreedlove 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-2022-26217Put your Bitcoin to work. Earn up to 6% interest back on Bitcoin with Tantra: https://bit.ly/3CFcOmgAutomatic 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/BREEDLOVE22

Erik Voorhees joins me to explore the nature of decentralization.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTErik’s Twitter: https://twitter.com/ErikVoorheesErik’s Company: https://shapeshift.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 How Do We Determine Decentralization?00:06:09 Decentralization is Solely for Censorship-Resistance?00:09:24 Does Ethereum’s Pre-mine Prohibit its Decentralization?00:13:08 The Ethereum Post-DAO Hack Fork00:17:57 “Code Is Law”00:22:07 Ethereum Is Not Money; It Is Liquid Venture Capital00:26:50 Is Ethereum Market-Proven?00:28:33 Is Decentralized Exchange a Valid Use Case?00:35:43 The Indivisibility of the Bitcoin Social Layer00:37:57 What is the Total Addressable Market for Ethereum?00:41:00 The “Ultra-Sound Money” Narrative00:46:33 The Store of Value Marketplace Dynamics00:51:30 Is Lightning Network Decentralized?00:56:53 NYDIG00:58:00 What is Shapeshift?01:04:22 Where is Shapeshift on the Path to Decentralization?01:10:14 What are Decentralized Autonomous Organizations (DAOs)?01:15:45 Current Law Does Not Contemplate the Existence of DAOs01:19:10 Are Other Organizations Pursuing the Path of Decentralization?01:23:09 The Governance Model of Shapeshift DAO01:27:21 Why Not Build All DAOs on Bitcoin?01:30:55 The Non-Coercive Politics of Decentralized Protocols01:38:40 ICOs and Self-Regulation01:43:19 Can Self-Regulation Work in Practice?01:52:30 What is the Utility Value of Ethereum?01:59:23 What is the Endgame of Bitcoin and Decentralization?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-2022-26217Put your Bitcoin to work. Earn up to 6% interest back on Bitcoin with Tantra: https://bit.ly/3CFcOmgAutomatic 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/BREEDLOVE22

Alex Gladstein joins me for a deep-dive into the petrodollar system and its many hidden costs.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTAlex's twitter: https://twitter.com/gladsteinHuman Rights Foundation: https://hrf.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 Dollars’ Pursuit to Peg Itself to Energy00:06:14 Gold: The Base-Layer of Human Action Historically00:10:29 The Cost of War and the Suppression of the Gold Price00:24:47 Gresham's Law00:34:17 Golds’ Shortcomings00:39:24 The Dollar in Search of a New Anchor & The Rise of OPEC00:48:14 Cementing the Power of the Dollar Abroad00:52:32 The Dark-Side of Imperialism & The T-Bill Standard01:01:28 Exacerbation of Wealth Disparity01:04:35 Fueling War01:10:21 Oil-Denominated Currency War01:16:54 Follow the Money!01:18:30 NYDIG01:19:37 Flawed Incentives and Rent-Seeking Behavior01:29:10 Raw Material Surplus and Inflating Food Prices by Design?01:34:34 Peace Theory and Satoshi’s Appreciation for Gold01:42:20 Bitcoin: The Most Expensive Property to Violate01:47:22 Bitcoin Price Manipulation and Suppression?01:52:40 Theirs’ Law: Bitcoin Driving out the Bad Money02:00:07 Bullish on America, the Navajo, El Salvador, and NigeriaSOCIALBreedlove 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-2022-26217Put your Bitcoin to work. Earn up to 6% interest back on Bitcoin with Tantra: https://bit.ly/3CFcOmgAutomatic 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/BREEDLOVE22