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The "What is Money?" Show

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12 snips
Oct 27, 2021 • 1h 30min

How Bitcoin Changes Everything | The Saylor Series | Episode 17 (WiM065)

Michael Saylor joins me to discuss anthropology, energy, and technology from first principles as we build the intellectual foundation necessary to truly grasp the historic significance of Bitcoin.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTMichael's twitter: https://twitter.com/saylorMichael's company: https://www.microstrategy.com/enMichael's website: https://www.hope.com/CHANNELPodcast 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/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 Bitcoin Technical Applications: Treasury Management00:03:40 “When the Ducks Are Quacking, Feed the Ducks”00:06:12 Bitcoin as the Base Property Protocol00:08:30 “Currency is an Application of Money”00:10:26 Bitcoin Enables Universally Accessible Application Development00:11:33 How Some Governments Can Use Bitcoin to Eliminate Taxation00:13:13 How an Energy Company Can Play the Bitcoin Mining Game00:15:17 The Hierarchical Nature of Wealth00:16:30 How an Insurance Company Can Integrate with Bitcoin00:19:03 How to “Juice” Bond Fund Returns by Blending with Bitcoin00:21:32 How Bitcoin Can Augment Traditional Financial Structured Products00:23:33 How Bitcoin Can Enhance Trusts and Endowments00:25:32 “$100T of Bonds and Fixed-Income Assets are Broken”00:26:36 Why Bitcoin Can Never be Overvalued00:27:45 The Hardware Applications of Bitcoin00:29:37 How Operating Systems Can Integrate with Bitcoin00:30:58 NYDIG00:32:06 How Cloud-Based Applications Can Integrate with Bitcoin00:33:36 Adding Social Network User “Skin in the Game” with Bitcoin00:36:59 Incentivizing Digital Civility with Bitcoin Security Deposits00:39:21 Zero-Cost Spamming Leads to DDOS Attacks Ad Infinitum00:41:15 Proof of Work Originated as an Countermeasure to Spam00:45:44 How Bitcoin Can Change Entertainment, News, and Service Sectors00:50:24 How Bitcoin Impacts the Legacy Credit Card Networks00:54:08 Robert's OutroSOCIALBreedlove 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?l...All 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/RBree...Dollars via Venmo: https://venmo.com/code?user_id=178435...The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=328431...RECOMMENDED 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/bitcoinco...Put your Bitcoin to work. Earn up to 12% interest back on Bitcoin with Tantra: https://bit.ly/3h3lL0jIBAC assists central banks and sovereign wealth funds succeed in their digital asset investments: https://www.ibac.io/Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/
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Oct 22, 2021 • 57min

Discovering the Power of Reason | The Hillebrand Series | Episode 7 (WiM064)

Max Hillebrand joins me for a multi-episode conversation covering the masterwork on libertarian philosophy “The Ethics of Liberty” written by Murray Rothbard.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTMax’s twitter: https://twitter.com/HillebrandMaxMax’s Website: https://towardsliberty.com/btcpay/apps/wxB4qDBjfaZNqn9vSidLnn4dGbV/pos 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 Rights of Animals00:05:01 Animals Exhibit Proto-Purposeful Action?00:09:36 Self-Reflection as the Ultimate Evolutionary Advantage00:12:37 Does “Might Make Right?”00:18:54 Participation in the Division of Labor is the Line of Action00:24:23 Rothbardian Libertarianism and Darwinism00:29:05 NYDIG00:30:13 Liberty: Ethics vs. Strategy00:35:31 How Ethics Can Be Corrupted00:41:17 Property Rights are a Universal Ethic00:46:22 The Unreasonableness of Zero-Sum Games00:47:47 Pooling Pressure and Institutional Collapse00:49:11 Why Bitcoin is at The Pinnacle of Human Reason00:53:42 Why Merchant Full Nodes Matter for Bitcoin00:56:11 All Technologies are Backed by People00:56:57 Bitcoin Assumes the Axis of ResistanceSOCIALBreedlove 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 12% interest back on Bitcoin with Tantra: https://bit.ly/3CFcOmgIBAC assists central banks and sovereign wealth funds succeed in their digital asset investments: https://www.ibac.io/Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/
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Oct 21, 2021 • 1h 4min

The Mythos | The Vervaeke Series | Episode 8 (WiM063)

John Vervaeke joins me for a deep conversation exploring his work as a cognitive scientist and his YouTube lecture series "Awakening from the Meaning Crisis."Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTJohn’s twitter: https://twitter.com/vervaeke_johnJohn’s Patreon: https://www.patreon.com/johnvervaekeJohn’s Lecture Series “Awakening from the Meaning Crisis”: https://www.youtube.com/watch?v=54l8_ewcOlY 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 Introduction to The Power of Mythology00:03:25 Logos vs. Mythos00:05:16 The Metaphor00:06:42 Metaphor, Insight Realization, and Humor00:09:46 Metaphor and Cross-Domain Insight “Explosion”00:10:53 Metaphor’s Connection to Procedural Knowledge00:13:00 “Understanding, Grasping, Getting, and Seeing”00:14:44 Relevance Realization: “Game Theory All The Way Down”00:16:14 The Symbol00:17:26 “How to Hold Justice In Mind”00:18:32 The Cerebellum: Justice, Voluntary Movement, and Balance00:19:56 Perspectival Knowing: Holding “Justice is Blind” in Mind00:21:50 “You Don’t Just Know About Balance, You Enact It”00:23:24 Proprioception: To Be “In Touch” With Something00:24:19 How Things Shape the Mind: Material Engagement Theory00:27:12 The Imaginal00:29:50 “Trying on a Worldview”: Imaginal Augmentation of Reality00:32:36 Virtue and the Construction of Sacred Canopies00:33:52 NYDIG00:35:02 Virtue is the Beauty of Wisdom00:36:22 Supernatural Selection: The Human Capacity for “Religio”00:37:57 “Narrative Turns You Into a Temporally-Extended Agent”00:38:39 Personal Identity is Apriori and Allows for Aspiration00:40:28 “Why A Dog Can Never Tell You About Its Parents…”00:42:44 Mythos: A Psychotechnology for Perennial and Pertinent Patterns00:44:08 Mythos in Action: Predator Emulating Prey00:46:26 “A Dream is a Private Myth; A Myth is a Public Dream”00:48:32 Alchemy Was the Dream from which Science Was Born00:50:27 The Interdependence of The Mythos and The Logos00:51:47 Metabolic Work and Reversal Theory; Goals and Activities00:55:06 Play vs. Candy00:57:06 “Play Relates to The Eternal; Work Relates to The Immortal”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 12% interest back on Bitcoin with Tantra: https://bit.ly/3CFcOmgIBAC assists central banks and sovereign wealth funds succeed in their digital asset investments: https://www.ibac.io/Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/
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10 snips
Oct 19, 2021 • 1h 30min

Bitcoin Economics and Evolution | The Saylor Series | Episode 16 (WiM062)

Michael Saylor joins me to discuss anthropology, energy, and technology from first principles as we build the intellectual foundation necessary to truly grasp the historic significance of Bitcoin.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTMichael's twitter: https://twitter.com/saylorMichael's company: https://www.microstrategy.com/enMichael's website: https://www.hope.com/CHANNELPodcast 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/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 The Relative Energy and Technology Intensity of Bitcoin Mining00:03:58 Encrypted Energy is Used to Secure the Network00:06:24 Bitcoin Mining Evolves from Energy to Technology Intensity00:09:25 Bitcoin Miners Face Continuous Darwinian Pressures00:12:05 Approaching Bitcoin Mining Peak Energy Consumption?00:14:06 Adam Smithian and Darwinian Aspects are Critical Advantages00:17:48 An Open, Competitive Market is an Honest Market00:19:57 Bitcoin Mining Profitability: A Function of Hash to Hodl Rates00:23:12 The World is in a “Digital Gold Rush” Until 203500:26:48 The Evolution of Bitcoin Mining Business Models00:28:41 Misunderstanding the Economics of Bitcoin Mining00:30:06 Proof of Work is Synchronization with Political and Physical Reality00:33:11 The Layered Scaling of Bitcoin00:37:59 NYDIG00:39:07 The Lightning Network as a Logical Scaling Layer00:42:28 Layer 2 Protocols Tradeoff to Gain Performance or Functionality00:45:19 Centralization and Decentralization at Layer 200:47:27 Higher Layer Applications and Regulatory Compliance00:50:34 The Range of Bitcoin Financial Applications00:54:36 Bitcoin Technical Applications: Mobile Money and Finance01:00:17 Robert's OutroSOCIALBreedlove 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?l...All 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/RBree...Dollars via Venmo: https://venmo.com/code?user_id=178435...The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=328431...RECOMMENDED 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/bitcoinco...Put your Bitcoin to work. Earn up to 12% interest back on Bitcoin with Tantra: https://bit.ly/3h3lL0jIBAC assists central banks and sovereign wealth funds succeed in their digital asset investments: https://www.ibac.io/Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/
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Oct 15, 2021 • 1h 35min

Libertarianism and The Law | The Hillebrand Series | Episode 6 (WiM061)

Max Hillebrand joins me for a multi-episode conversation covering the masterwork on libertarian philosophy “The Ethics of Liberty” written by Murray Rothbard.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTMax’s twitter: https://twitter.com/HillebrandMaxMax’s Website: https://towardsliberty.com/btcpay/apps/wxB4qDBjfaZNqn9vSidLnn4dGbV/pos 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 Police and the Proportionality of Crime00:04:05 Blurring the Individual into Group Identity00:07:40 An Unshakable Epistemic Foundation00:10:58 Are Children the Property of their Parents?00:13:44 The Legality of Abortion00:16:40 The Rights of Children and Parents00:23:05 A Free Market for, Children!?00:28:12 Libertarian Children are Free to Run Away00:35:43 Implementing Libertarian Philosophy00:39:54 The Free Market Make Families Freer00:44:13 The Legal System: A Measure of Last Resort00:47:56 Blackmail00:53:46 Intellectual Property is a Scam00:56:08 You Don’t Own Your Reputation00:59:58 Libel is Discriminatory Against the Poor01:04:26 NYDIG01:05:34 Bribery: An Asymmetry of Legitimacy01:11:13 “You Have the Right to Slap Bureaucrats”01:17:04 The Evil of Legal Monopolies01:18:33 Boycotts01:25:51 “What About the Roads!?”01:31:39 Property is the Basis of 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-2022-26217Put your Bitcoin to work. Earn up to 12% interest back on Bitcoin with Tantra: https://bit.ly/3CFcOmgIBAC assists central banks and sovereign wealth funds succeed in their digital asset investments: https://www.ibac.io/Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/
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Oct 13, 2021 • 1h 15min

WiM060 - The Vervaeke Series | Episode 7 | Religion and Other Sacred Canopies

John Vervaeke joins me for a deep conversation exploring his work as a cognitive scientist and his YouTube lecture series "Awakening from the Meaning Crisis."Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTJohn’s twitter: https://twitter.com/vervaeke_johnJohn’s Patreon: https://www.patreon.com/johnvervaekeJohn’s Lecture Series “Awakening from the Meaning Crisis”: https://www.youtube.com/watch?v=54l8_ewcOlY 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?” Intro00:00:05 NYDIG00:01:25 Distributed Cognition Can Be Self-Deceptive00:05:18 Collapse of the Bronze Age and The Logic of Violence00:09:44 Economics of Violence: Knighthood and Gunpowder00:14:26 Insight Machinery: Finding vs. Solving Problems00:16:31 Distributed Cognition: An Adaptive Response of Ancient Man00:19:21 General Systems Collapse00:25:53 Voluntary Exchange and Habermas’s Discourse Ethics00:31:21 Reconciling Science and Religion?00:35:33 The Purposes of Religion?00:39:42 Sacred Canopies: Religion and Money?00:43:37 Assimilating and Accommodating with Religion00:45:01 Religion as Distributed Cognition’s Salience Landscaping00:48:57 Bitcoin as the Lapis Philosophorum00:53:24 “Symbolic Machinery of Identification Changes Behavior”00:57:50 “Now We are Becoming Friends”01:01:52 Theory, Morality, and Virtue Epistemology01:03:36 Personal Transformations through Bitcoin01:07:55 “Software Updates” to Distributed Cognition01:11:37 The Self-Disruption of Social Institutions?01:12:43 The Old Virtue of Being UnderstandingSOCIALBreedlove 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 12% interest back on Bitcoin with Tantra: https://bit.ly/3CFcOmgIBAC assists central banks and sovereign wealth funds succeed in their digital asset investments: https://www.ibac.io/Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/
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9 snips
Oct 12, 2021 • 1h 15min

WiM059 - The Saylor Series | Episode 15 | Bitcoin’s Seven Layers of Security #2

Michael Saylor joins me to discuss anthropology, energy, and technology from first principles as we build the intellectual foundation necessary to truly grasp the historic significance of Bitcoin.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTMichael's twitter: https://twitter.com/saylorMichael's company: https://www.microstrategy.com/enMichael's website: https://www.hope.com/CHANNELPodcast 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/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:05 NYDIG00:01:25 The Fourth Layer: Financial00:04:16 Bitcoin Mining’s Capital Intensity Recruits Large Investors00:08:04 The Fifth Layer: The Mining Network00:10:01 Bitcoin Miners as an Early Warning System00:11:35 Bitcoin Miners as “Motors of Sovereignty”00:12:55 The First Five Layers: Inertia, Antifragility, and Capital Attraction00:15:00 “Bitcoin is a Swarm Creature”00:16:43 Proof of Work as a Thermodynamic Bridge Between Worlds00:18:54 The Sixth Layer: Spatial00:20:38 Proof of Work as a Self-Distributing Security Model00:21:28 Proof of Work Self-Decentralizes Away from Attack Vectors00:23:26 The Seventh Layer: Temporal00:24:59 Bitcoin’s Spacetime Parameters: “You Only Get to Play God Once”00:26:29 What Happens if you Change Gravity?00:29:29 “Bitcoin is Like the Granite Underlying Manhattan”00:31:06 The Universal Consequences of Spacetime Constants00:33:17 “A Shockwave is When You Attack the Air Faster than it Moves”00:35:05 “Foolish to Risk the Immortality of Bitcoin for Bigger Blocks”00:36:40 Proof of Stake: A Closed, Controlled, Non-Darwinian System00:39:50 There Are No Successful Proof of Stake Networks00:42:11 Central Banks as Proof of Stake Networks00:44:52 Bitcoin is Both Digital Money and Digital Property00:45:42 Robert's OutroSOCIALBreedlove 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?l...All 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/RBree...Dollars via Venmo: https://venmo.com/code?user_id=178435...The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=328431...RECOMMENDED 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/bitcoinco...Put your Bitcoin to work. Earn up to 12% interest back on Bitcoin with Tantra: https://bit.ly/3h3lL0jIBAC assists central banks and sovereign wealth funds succeed in their digital asset investments: https://www.ibac.io/Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/
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Oct 9, 2021 • 37min

WiM058 - The Hillebrand Series | Episode 5 | Crime and Punishment

Max Hillebrand joins me for a multi-episode conversation covering the masterwork on libertarian philosophy “The Ethics of Liberty” written by Murray Rothbard.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTMax’s twitter: https://twitter.com/HillebrandMaxMax’s Website: https://towardsliberty.com/btcpay/apps/wxB4qDBjfaZNqn9vSidLnn4dGbV/pos 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?” Intro00:00:05 NYDIG00:01:25 Proportionality of Crime and Punishment00:06:54 A Monopoly on Punishment is Inherently Evil00:08:44 The Individual is Responsible for Punishment00:12:06 Relations Between Victims, Perpetrators, and The State00:14:48 Criminal Rehabilitation and Reintegration00:18:08 Bureaucracy Distorts Prices and Property Rights00:20:25 The State is Incentivized to Criminalize Victimless Acts00:22:51 The Emergence of Voluntary Imprisonment?00:26:20 Promises to Perform vs. Transfers of Property00:30:12 The Impossibility of Slave Labor Contracts00:33:36 Conscription is Slavery; Military Desertion is JustSOCIALBreedlove 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 12% interest back on Bitcoin with Tantra: https://bit.ly/3CFcOmgIBAC assists central banks and sovereign wealth funds succeed in their digital asset investments: https://www.ibac.io/Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/
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Oct 7, 2021 • 52min

WiM057 - The Vervaeke Series | Episode 6 | Revising the Anthropology of Economics

John Vervaeke joins me for a deep conversation exploring his work as a cognitive scientist and his YouTube lecture series "Awakening from the Meaning Crisis."Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTJohn’s twitter: https://twitter.com/vervaeke_johnJohn’s Patreon: https://www.patreon.com/johnvervaekeJohn’s Lecture Series “Awakening from the Meaning Crisis”: https://www.youtube.com/watch?v=54l8_ewcOlY 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?” Intro00:00:05 NYDIG00:01:25 Relating Psychotechnologies and Social Institutions00:06:44 Social Institutions as Algorithms of Distributed Cognition00:11:13 Analogizing the Industrial and Digital Ages00:15:15 Reconfiguring Procedural Intelligence00:18:01 Bureaucratic Rules are Designed to Replace Judgement00:22:38 “Judges as the Philosophers of the Legal System”00:25:37 Spirit Revivifies the Letter; Letter Concretizes the Spirit00:26:15 “Wrestling with the Ontology of Property”00:32:23 Central Banking as an Institution of Standardization00:36:01 Bitcoin is the Incorruptible Standardization of Money00:38:56 Money and Mead’s Generalized Other00:41:47 Keynesian Economics is a Pseudo-Science00:43:42 “A Needed Revision to the Anthropology of Economics”00:48:55 “Science is Corruptible Too…”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 12% interest back on Bitcoin with Tantra: https://bit.ly/3CFcOmgIBAC assists central banks and sovereign wealth funds succeed in their digital asset investments: https://www.ibac.io/Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/
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9 snips
Oct 5, 2021 • 1h 19min

WiM056 - The Saylor Series | Episode 14 | Bitcoin’s Seven Layers of Security #1

Michael Saylor joins me to discuss anthropology, energy, and technology from first principles as we build the intellectual foundation necessary to truly grasp the historic significance of Bitcoin.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTMichael's twitter: https://twitter.com/saylorMichael's company: https://www.microstrategy.com/enMichael's website: https://www.hope.com/CHANNELPodcast 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/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:05 NYDIG00:01:23 The Seven Layers of Proof-of-Work Security00:04:56 The Beauty of Proof-of-Work00:05:27 The First Layer: Energy00:09:58 Bitcoin Mining Impact on Global Energy Producers00:14:22 A Future Convergence of Bitcoin Miners and Banks?00:17:44 Bitcoin Recruits Energy Capital for Self-Defense00:19:27 The Second Layer: Technology00:20:40 Bitcoin Recruits Semiconductor Capital for Self-Defense00:22:20 Rotating from Energy to Technology Intensive Security00:27:45 Patterns of New Bitcoin Miner Deployment00:28:50 Miner Hardware Cycles and Bitcoin Hash Rate00:31:30 Game Theory of Entering the Bitcoin Mining Network00:33:58 The Third Layer: Political00:35:12 The Political Game Theory of Bitcoin Mining00:37:08 Bitcoin Mining as a Political Lobbying Network00:39:12 “100 Megawatts is Worth $300M per Year”00:40:10 A Self-Distributing, Dynamic Mining Network00:43:02 “The Market Generally Outsmarts the Smartest Person”00:43:57 An Energetic, Technological, and Political Shock-Absorber00:47:57 Robert’s OutroSOCIALBreedlove 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?l...All 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/RBree...Dollars via Venmo: https://venmo.com/code?user_id=178435...The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=328431...RECOMMENDED 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/bitcoinco...Put your Bitcoin to work. Earn up to 12% interest back on Bitcoin with Tantra: https://bit.ly/3h3lL0jIBAC assists central banks and sovereign wealth funds succeed in their digital asset investments: https://www.ibac.io/Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/

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