The "What is Money?" Show

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 NYDIG00:01:23 Connections Between Value, Relevance, and Action00:05:02 The Generalization and Discrimination Tradeoff00:07:44 The Rationality Debates00:12:17 Bounded Rationality is Not Logic00:14:11 The Functions of Distributed Cognition00:16:56 Temporal Discounting and Adaptivity00:18:46 Anxiety as Insufficient Temporal Discounting00:21:53 Markets as Dynamical Systems00:23:33 The Sense of Presence00:28:07 The Four Levels of Knowing00:30:54 Meta-Perspectival Ability00:32:28 The Meta-Perspectival/Success Tradeoff00:33:58 The Four Levels of Memory00:36:04 Self-Deception at Each Level of Knowing00:39:29 Wisdom Coordinates All Levels of Knowing00:41:11 “The Reciprocal Opening that We Call Love”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/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/

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/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:00:00:00 “What is Money?” Intro00:00:05 NYDIG00:02:06 Money is Tokenized Sociopolitical Energy00:05:23 Bitcoin is the First Digital Money00:07:21 The Ideal Model of Money00:09:34 Money is the Apex Property00:11:35 From Political Money to Engineered Money00:12:54 Ancient Coin Networks00:15:17 Money Changers and Energy Loss00:17:33 Problems with the Gold Standard00:22:33 Custody of Gold is Expensive00:26:00 Gold is Too Easy to Manipulate00:27:21 Gold is Difficult to Transport and Distribute00:28:20 Gold’s Divisibility is Limited in Practice00:31:17 Final vs. Deferred Settlement00:34:35 Gold Applications are Difficult and Dangerous00:38:54 Gold Invites Violence00:43:51 The Gold Standard: Dying a Slow Death00:47:19 Performance of Gold vs. Bitcoin00:49:55 To Stay Alive in a Darwinian World…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/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/

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_ewcOlYPODCASTPodcast 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 NYDIG00:01:23 Intro to the Work of John Vervaeke00:10:58 Consciousness, Intelligence, and Relevance Realization00:18:18 The Market and Distributed Cognition00:22:08 Most Intelligence is Unconscious00:26:32 Most Real-World Problems are Ill-Defined00:28:44 Optimal Grip and Combinatorial Explosion00:31:42 Consciousness and Aspectualization00:33:45 The Transjectivity of Adaptivity00:36:16 Self-Organizing vs. Auto-poetic00:42:47 Toggling Between Generalization and Discrimination00:45:49 Intelligence vs. Rationality00:49:14 Attention, Interest, and Self-Deception00:50:58 Rationality: Intelligently Overcoming Self-Deception00:52:45 The Logos and RationalitySOCIALBreedlove 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/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/

Geoffrey Miller joins me for a multi-episode series exploring evolutionary psychology, virtue signaling, history, markets, money, and Bitcoin/crypto.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTGeoffrey's twitter: https://twitter.com/primalpoly/mediaGeoffrey's website: https://www.primalpoly.com/Geoffrey's Quillette piece on polyamory, marriage, pronatalism, and the future of relationships:https://quillette.com/2019/10/29/polyamory-is-growing-and-we-need-to-get-serious-about-it/Mate book (2015): https://www.primalpoly.com/mate-what-women-wantSpent book (2009): https://www.primalpoly.com/spentThe Mating Mind book (2000): https://www.primalpoly.com/the-mating-mindMating Grounds podcast with Geoffrey Miller & Tucker Max (262 episodes, 2014-2016)https://podcasts.apple.com/us/podcast/the-mating-grounds-podcast/id894712811Article for Paleo magazine on Paleo fitness and sexual attraction: https://www.primalpoly.com/s/2016-sexual-fitness-paleo-magazine.pdfGeoffrey's YouTube channel: https://www.youtube.com/geoffreymillerphdOther interviews with Geoffrey Miller related to mating and dating:-Dave Rubin: https://youtu.be/xqgH6Ru8kwY-Rebel Wisdom: https://youtu.be/rRC6JYSbgsE-SCNR: https://youtu.be/F7vArjs9bwA-Triggernometry: https://youtu.be/hTLfiBTtE88Geoffrey's recommended books: https://www.primalpoly.com/recommended-books-nonfictionCHANNELPodcast 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:EPISODE00:00:00 “What is Money?” Intro00:00:08 NYDIG00:01:25 Dating for Young Men00:06:20 What do Women Want?00:11:42 The Mating Market Rewards Specialization00:18:21 What is Humor?00:31:14 Confidence is Competence00:38:32 The Balance Between Specialization and Generalization00:44:40 The Significance of Fitness in the Market00:54:27 Is Marriage Still Relevant?01:00:50 Maximizing Reproduction Through Long-Term Pair Bonds01:04:11 The Parallel Between Decentralization and Monogamy01:11:43 How Men and Women Perceive Cheating01:16:22 Incentive Structures Form Instincts01:24:17 How Bitcoin Affects the Future of Marriage and Divorce01:37:49 Drawing the Line on Sexual ExclusivitySOCIALBreedlove 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/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/

Kiara Bickers joins me for a conversation exploring her book "Bitcoin Clarity." Topics explored include philosophy, language, capitalism, art, science, systems, and the ethics/evolution of money.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTKiara's twitter: https://twitter.com/kiarabickersKiara's book: https://www.amazon.com/Bitcoin-Clarity-Understanding-Kiara-Bickers-ebook/dp/B07ZHY7RF8CHANNELPodcast 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:EPISODE00:00:00 “What is Money?” Intro00:00:08 NYDIG00:01:25 The Trustlessness of Bitcoin00:06:10 Risk vs Consequence00:10:10 Black Box Structuring00:16:29 Language Shapes Thought00:19:09 The Enlightenment Period and the Scientific Revolutions00:24:12 The Basis of Capitalism00:27:39 Black Boxes Today00:30:33 Artists vs Scientists00:34:43 Credentialism and the Fiat Currency Complex00:39:48 Quantitative Over Qualitative Perception00:47:31 Creation vs Discovery00:51:32 Bicker’s Writing Process00:55:52 Bitcoin as a Clock01:01:25 The Ethics of Money01:10:11 The Implications of Immutable Data01:16:58 The Evolution of Money01:25:42 Bitcoin, a Weapons Grade War DeterrentSOCIALBreedlove 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 BUSINESSESAutomatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Use Discount Code "Breedlove" for Bitcoin Custody w/ Casa: https://keys.casa/#plansBuy Bitcoin in a Retirement Account w/ DAIM: https://daimio.typeform.com/to/oU5OHXMZWorldclass Bitcoin Financial Services: https://nydig.com/

Geoffrey Miller joins me for a multi-episode series exploring evolutionary psychology, virtue signaling, history, markets, money, and Bitcoin/crypto.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTGeoffrey's twitter: https://twitter.com/primalpoly/mediaGeoffrey's website: https://www.primalpoly.com/CHANNELPodcast 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:EPISODE00:00:00 “What is Money?” Intro00:00:08 NYDIG00:01:25 Game Theory All the Way Down00:05:56 Solving Game Theoretic Problems with Technology00:14:56 Propaganda Against Bitcoin00:28:38 Countermeasures Against Bitcoin Propaganda00:37:58 The Role of Moral Virtues in Relationships00:42:47 Cultivating Virtue Across All Domains of Life00:54:37 Morality as an Emergent Property00:58:23 Virtue Signaling Dynamics at the Cultural Level01:04:06 Sexual Selection for Moral Virtues01:09:47 Pagan Virtues01:17:01 Jungian Archetypes01:18:46 Benefits of a Less Hierarchical MarketplaceSOCIALBreedlove 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 BUSINESSESAutomatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Use Discount Code "Breedlove" for Bitcoin Custody w/ Casa: https://keys.casa/#plansBuy Bitcoin in a Retirement Account w/ DAIM: https://daimio.typeform.com/to/oU5OHXMZWorldclass Bitcoin Financial Services: https://nydig.com/

Geoffrey Miller joins me for a multi-episode series exploring evolutionary psychology, virtue signaling, history, markets, money, and Bitcoin/crypto.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTGeoffrey's twitter: https://twitter.com/primalpoly/mediaGeoffrey's website: https://www.primalpoly.com/CHANNELPodcast 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:EPISODE00:00:00 “What is Money?” Intro00:00:08 NYDIG00:01:25 The Evolutionary Origins of Moral Virtues00:04:12 Values, Virtues, and Relationships00:07:42 Competition in the Mating Market00:14:34 What is a Soul?00:20:10 Morality from a Social Psychology Perspective00:23:37 The Free Market and Morality00:32:07 Social Relationships Influence Morality00:41:41 Costly Signaling is Proof of WorkSOCIALBreedlove 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 BUSINESSESAutomatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Use Discount Code "Breedlove" for Bitcoin Custody w/ Casa: https://keys.casa/#plansBuy Bitcoin in a Retirement Account w/ DAIM: https://daimio.typeform.com/to/oU5OHXMZWorldclass Bitcoin Financial Services: https://nydig.com/

Geoffrey Miller joins me for a multi-episode series exploring evolutionary psychology, virtue signaling, history, markets, money, and Bitcoin/crypto.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTGeoffrey's twitter: https://twitter.com/primalpoly/mediaGeoffrey's website: https://www.primalpoly.com/CHANNELPodcast 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:EPISODE00:00:00 “What is Money?” Intro00:00:05 NYDIG00:01:23 Introduction to Geoffrey Miller00:03:00 Principles of Darwinism00:04:46 The Foundation of Evolutionary Psychology00:12:12 Different Levels of Evolutionary Selection00:15:44 Costly Signaling Theory in Connection to Economics00:23:56 Money is Liquid Fitness00:30:40 Bitcoin as Highly Defensible Wealth00:38:21 Digitization of Property Rights00:42:12 Government as a Parasite00:48:50 The Power Bitcoin has Over the Government00:55:45 Bitcoin as an Existential Threat to Government01:02:40 The Significance of Signaling Theory01:09:20 Virtue Signaling01:16:48 Proof of Stake vs Proof of Work01:22:13 Decentralization of Bitcoin Mining01:28:53 Wealth Disparity in a Proof of Stake Based Economy01:33:37 Bitcoin and Censorship Resistance01:38:55 Evolutionary Psychology and Bitcoin01:41:14 The Role of Bitcoin Toxicity in its Success01:46:51 The Real Threats to Bitcoin01:49:58 How Behavioral Sciences Can Benefit Bitcoin01:55:10 Holding Bitcoin as a Virtue Signal 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=trueBUSINESSES I LIKE:Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Use Discount Code "Breedlove" for Bitcoin Custody w/ Casa: https://keys.casa/#plansBuy Bitcoin in a Retirement Account w/ DAIM: https://daimio.typeform.com/to/oU5OHXMZWorldclass Bitcoin Financial Services: https://nydig.com/

Boby Murphy joins me for a deep conversation about the principles of economics.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTBob’s twitter: https://twitter.com/BobMurphyEconBob’s show: https://www.bobmurphyshow.com/Bob’s book “Choice”: https://www.amazon.com/Choice-Cooperation-Enterprise-Human-Action/dp/1598132180 CHANNELPodcast 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:EPISODE00:00:00 “What is Money?” Intro00:00:05 NYDIG00:01:22 “Choice”: A Complement to “Human Action”00:06:55 How Economics differs from Natural Sciences00:13:14 Economics vs. Economic History00:16:04 Empiricism vs. Rationalism00:24:19 Praxeology: The Science of Human Action00:35:30 Teleology: The Study of Purpose00:41:07 Actor Preferences and Value00:48:22 The Inequality of Exchange00:53:48 The ‘Water and Diamonds Paradox’01:02:06 “On the Origin of Money”01:09:42 Apriori, Aposteriori, Apodictic01:17:51 Ideologies and Public Opinion01:23:06 Dispelling False Doctrines01:30:44 Political Polarization and Fiat Currency01:34:19 “The End of Western Civilization”01:36:39 Bitcoin and the Restoration of Civilization01:43:47 Economics that Makes SenseSOCIALBreedlove 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=trueBUSINESSES I LIKE:Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Use Discount Code "Breedlove" for Bitcoin Custody w/ Casa: https://keys.casa/#plansBuy Bitcoin in a Retirement Account w/ DAIM: https://daimio.typeform.com/to/oU5OHXMZWorldclass Bitcoin Financial Services: https://nydig.com/

George Gammon joins me for a deep conversation about money and macroeconomics.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTGeorge''s twitter: https://twitter.com/GeorgeGammonGeorge''s Website: https://www.youtube.com/georgegammonCHANNELPodcast 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:EPISODE00:00:00 “What is Money?” Intro00:00:05 NYDIG00:01:22 Gammon’s Obsession with Macro00:05:00 An Unjustifiable Confidence00:14:46 Investor vs. Entrepreneur Mindset00:17:07 The Importance of Cash Flow00:21:58 Defining Reverse Repo00:25:56 Bank Reserves00:36:38 All Money is a Database00:39:19 What is Wealth?00:44:49 The Real Global Reserve Currency00:53:49 Eurodollar Market and Inflation00:59:45 Rehypothecation: A Collateral Multiplier01:09:00 How Deflation Creates More Demand01:17:20 Government Intervention01:25:40 We Don’t Need A Central Bank01:30:25 The Questions the Average Person Needs to Ask01:38:14 All Government Action is a Misallocation of Capital01:41:14 Bitcoin: The Incorruptible DatabaseSOCIALBreedlove 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=trueBITCOIN BUSINESSESUse Discount Code "Breedlove" for Bitcoin Custody w/ Casa: https://keys.casa/#plansBuy Bitcoin in a Retirement Account w/ DAIM: https://daimio.typeform.com/to/oU5OHXMZStack Sats with Swan Bitcoin: https://www.swanbitcoin.com/breedlove/Worldclass Bitcoin Financial Services: https://nydig.com/