The "What is Money?" Show

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/

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/

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/

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/

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/

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/

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 NYDIG00:01:23 The Objectivity of Moral Principles?00:06:19 Justice is Born of Reason00:11:41 Utility of the Division of Labor00:16:25 Division of Labor: Enabling Higher Moral Aims00:20:15 Productivity is the Pursuit of Timelessness00:22:01 Absolute and Comparative Advantages00:24:32 The Antifragility of the Free Market00:25:27 Entrepreneurship Elevates Meaningful Work00:28:29 Discovering Moral Principles with Reason00:35:09 Acquiring of Property Justly00:41:21 Rivalrous vs. Non-rivalrous Goods00:45:02 “Intellectual Property Rights” Restrict Reason00:46:57 The Irrefutability of Individual Self-Ownership00:50:02 Violating Property is a Net-Negative for Humanity00:55:04 Stealing is the Path of Least Resistance00:56:52 Honest Money Harmonizes Prices and Value01:00:58 Acquisition and Expiration of Property01:05:40 Conflict Arbitration on the Free Market01:12:02 Ethics, Morals, and Proportionality of Retribution01:14:33 The Contradiction of State “Enforcement” of Private PropertySOCIALBreedlove 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/

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 The Mind as a Map of the Universe00:05:29 The Recurrent Patterns in Nature00:06:58 “Agency All The Way Down”00:11:28 Serving What’s True, Good, and Beautiful00:12:19 Synchronicity: The Acausal Principle00:16:44 The Flow State: An Optimization of Adaptivity00:17:52 Circumambulation00:23:18 A Causes B; B Values Precondition A00:24:45 Emergence and Emanation: Matter and Principles00:27:31 Possibility and Actuality are Co-Determining00:29:46 Homemaking vs. House-Building00:33:37 Material Engagement Theory00:34:54 Software and Hardware: Multiple Realizability00:37:05 Human and Tool Reciprocity; The Stroop Effect00:41:17 Mimesis, Self-Reflection, and Mindfulness00:42:57 Distributed Cognition and Captaining the Ship00:43:33 Social Institutions: Psychotechnologies Externalized?00:46:06 Price Signals and Mead’s “Generalized Other”00:50:45 The Generalizability and Discrimination Tradeoff00:53:02 Does the Corruption of Money Corrupt Humanity?00:59:22 The Social Utility of Religion and Institutions01:03:10 Money as the Base Layer Protocol for Human Action01:05:47 Central Banking Twists Distributed Cognition01:07:25 Hyperbolic Discounting, Time Preference, and Consumerism01:09:36 Central Banking Causes Capital Destruction and Politicization01:13:22 Psychotechnological Disruption of Social Institutions01:15:16 Politics as the Ethics of Distributed Cognition01:18:04 Politics as Imposable Opinion01:21:37 Bitcoin Moves Markets Away from the Threat of Force01:27:41 Bitcoin: The Incorruptible Game of Money01:29:59 “Parable of the Winemaker”: A Corruption of Money and Morality01:36:04 Exploring the Languages of Value and Cognition01:38:13 “Words are the Coinage of Thought”01:41:12 Industrial Revolution and the Abolition of Slavery01:45:55 Corruption of Money and the Meaning Crisis01:55:39 Humans are “Natural-Born Cyborgs”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/

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:OUTLINE00:00:00 “What is Money?” Intro00:00:05 NYDIG00:01:23 Analog vs. Digital Monetary System00:03:21 Dematerializing Accountants and Auditors00:05:13 Dematerializing the Compliance Function00:07:46 Dematerializing Information Technology00:08:25 Dematerializing Human Resources00:10:15 Dematerializing Security and Facilities00:13:56 Bitcoin is Apex Property: Self-Security and Non-Locality00:16:09 The Game Theory of Stealing Bitcoin00:17:26 “Property that Encourages Peaceful Resolution”00:19:07 Physical Property Invites Violence00:22:13 The Game Theory of Bitcoin makes it Anti-Violence00:22:56 Bitcoin Dematerializes Bank and Government Functions00:24:36 Dematerializing Police and Military00:25:48 Bitcoin as a Multinational Money Network00:27:29 Settling Geopolitical Disputes Without War00:29:11 The Economic Crystallization of Consensus on Property00:32:33 Bitcoin as “The Spoils of Peace”00:34:08 The Proof of Work Model00:36:22 Bitcoin is a Microcosm of Capitalism00:39:20 Bitcoin as a First-Order Negative Feedback Loop00:40:53 Capitalism is Based on Nature00:42:46 Bitcoin Outcompetes Due to its Adaptivity00:45:06 Bitcoin: A Self-Correcting Adaptive Control System00:48:41 Nature is Thermodynamically Conservative, Fiat is Not00:52:16 “Bitcoin is Cybernetic Life” that Cannot be Caged00:55:24 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?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/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/

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 NYDIG00:01:23 xSOCIALBreedlove 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/