Building Tools for Bitcoin Mining with Jan Čapek (WiM331)

My friend and fellow student of money codenamed "Lester" joins me for a multi-episode conversation exploring the excellent book "The Twilight of Gold" by Melchior Palyi.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTLester's Twitter: https://twitter.com/ProgrammableTxBOOKThe Twilight of Gold: https://www.abebooks.com/first-edition/Twilight-Gold-1914-1936-Myths-Realities-Palyi/30927065697/bdPODCASTPodcast 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 Illusory Nature of Fiat Currency Supply Inflation00:03:49 Fiat Currency is Psychologically Addictive and Destructive00:07:31 The Most Dangerous Point in an Inflationary Cycle00:09:11 Analogizing Inflation to Self-Destructive Alcoholism00:10:46 The Inevitability of Inflation Pre-Bitcoin00:14:51 “Groups of People Keeping their Options Open at the Expense of Others”00:18:18 Central Banking and Gaslighting00:23:54 Bitcoin and Exiting the Economic Dark Ages00:27:12 The Twin Storylines of “The Twilight of Gold”00:33:14 England: The OG Information Economy00:38:16 Hard Money and the Necessity of a Flexible Wage-Price Structure00:42:33 Price Deflation is Politically Unpalatable00:44:41 Convertibility was the Best Way to Cast a Vote of No Confidence in Government00:47:04 Suspending Convertibility Both Incentivizes and Finances War00:50:02 NYDIG00:51:10 Inflation as a Means of War-Financing is Infectious00:55:05 How Do We Protect the Sanctity of 21M Bitcoin?00:59:04 “The Lie that Proof-of-Stake is More Economically Efficient than Proof-of-Work”01:04:56 Fractional Reserve Banking as a Bridge from PoW to PoS01:08:22 Bitcoin is Your Voice, Your Influence, Your Say-So in the 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-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

4 Feb 20221h 12min

Jason Lowery from the US Space Force joins me for a multi-episode series exploring the first principles of physics, the ubiquity of organic power projection, and how Bitcoin changes the game.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTJason's Twitter: https://twitter.com/JasonPLoweryPODCASTPodcast 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 Projecting Power to Maintain Property Rights00:06:51 Property, Territory, and Trust00:14:34 Evolution of Power Projection Through Law00:17:45 Evolution of Protecting Property00:21:55 The Oldest and Most Proven Economic Theory00:28:01 The Development of Militaries00:36:50 NYDIG00:37:57 Relations with Power Projectors00:42:17 State Military vs Militias00:46:44 Incentivizing Cooperation and Disincentivizing Betrayal00:54:10 People Want to Own the Property with the Best Protection00:58:18 The Costs Associated with Defense01:03:12 Clever Ways Power is Projected Over Time01:08:13 Evolution of WarfareSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

3 Feb 20221h 18min

Mike Hill joins for me for a multi-episode exploration of the masterful book “Lila: An Inquiry Into Morals” written by best-selling author Robert Pirsig. This book may be one of the most undervalued ever written, as it proposes an alternative interpretation of reality that Pirsig calls “The Metaphysics of Quality” (MOQ). According to MOQ, reality is not made up of substance, but rather it is composed of distinct patterns of value. In a Copernican-like revolution of perspective, MOQ sheds new light on age-old debates such as moral relativism, the nature of subject-object duality, good vs. evil, science vs. religion, the importance of freedom, and the primacy of action.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTMike’s Website: https://www.mikehill.design/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 How Inorganic Reality Influences Social Morality00:03:47 Native Americans Viewed the Universe as a Conscious Actor00:08:00 Static Patterns of Value as “Shadows” of Dynamic Quality00:12:05 The Limited Arises From and Returns to The Limitless00:14:07 Evolutionary Complexity as the Proper Spectrum of Morality00:17:50 Paradox Occurs When Different Levels of Value Disagree?00:19:41 Rationality: What Ratio of Value Systems are Weighted in Any Given Decision00:25:02 Production Designs Involve Subliminal Messaging from the Environment00:27:07 An Analogy of Pedestrians in New York and Two Red Blood Cells…00:33:47 Native Americans Conceived of Reality as a Participatory Phenomenon00:35:57 American Values as a Synthesis of European and Native American Values00:40:05 The Westward Manifestation of American Values in Architecture00:45:28 Native Americans are Plainspoken: “The Voice of the Plains”00:47:28 American Cowboys Appropriated Native American Values00:50:43 NYDIG00:51:52 Notable Native American Traits00:54:48 Conditions of Scarcity as an Evolutionary Driver of Value Systems00:58:00 Franz Boas and The Scientism of Cultural Anthropology01:02:02 Bicoastal US Value Systems Reflected in Socioeconomic Institutions01:06:04 Dynamic Quality is the Pursuit of Metaphysical Freedom01:07:58 Visualizing the Fields of Value We All Live Within01:09:53 The Eye of God, Material Engagement, and Civilizational Bootstrapping01:12:58 Poetic and Pragmatic: God and Free ExchangeSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

1 Feb 20221h 15min

Noam Chomsky joins for me for a conversation on money, government policy, the proper role of coercion in civilization, and the consequences of neoliberalism.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTNoam’s Website: http://www.chomsky.info/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 What is Money? And What is the Proper Role of Government in Money?00:05:30 The Rise of Neoliberalism and Class Warfare00:12:25 Financialization and the Bailout Economy00:15:45 The Gold Standard Constrained Government Optionality00:18:40 “Redlines” Laid Out by the Current US Republican Party00:24:00 What Options Were Made Available by Abolishing the Gold Standard?00:27:54 The Role of Inflation in Driving Wealth Disparity00:33:00 Abolishing the Gold Standard and the Decoupling of Productivity and Wages00:36:15 Who Bears the Costs of Limited Liability Incorporation?00:39:30 Libertarian Perspective on Government Intervention and Unemployment00:44:19 A Monopoly on Money Effectuates Limited Liability for Government?00:49:30 Neoliberalism and a One-Sided Class War00:51:35 NYDIG00:52:43 What is the Proper Role of Coercion in Civilized Society?00:57:00 The Decrying of Democracy01:00:43 Do Free Markets Manifests What People Want?01:04:44 The Integrity of Private Property Rights Prevents Cost Externalization?01:07:53 The Proper Role of Market and State in Anarcho-Syndicalism01:10:39 Is Democracy Intrinsic to the Free Market?01:13:38 The Impact of Government Policy on EntrepreneurshipSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

30 Jan 20221h 18min

Avik Roy is the President for Research on Equal Opportunity and policy editor at Forbes. Avik joins for me a conversation covering his essay titled "Bitcoin & the U.S. Fiscal Reckoning."Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTAvik's Twitter: https://twitter.com/AvikAvik's Essay: https://nationalaffairs.com/publications/detail/bitcoin-and-the-us-fiscal-reckoningAvik's Website: https://freopp.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 and the US Fiscal Reckoning”00:06:07 What Drives Inflation? And What Drives Deflation?00:11:05 “Inflation is Always and Everywhere a Monetary Phenomenon”00:14:15 Are Bitcoiners Prepared for Disruption to Come?00:16:15 The 1971 Bank Run and Nixon’s Options at the Time00:25:21 Let The Free Market Figure it Out!00:30:23 Nixon’s Short Term Success was a Mirage00:34:26 Where are We Now, Post March 2020?00:40:49 Bond Market Disruption00:48:34 Can the Chinese Yuan Become the Global Reserve Currency?00:57:02 NYDIG00:58:10 Should the U.S Leverage Bitcoin while China is Leveraging Gold?01:04:30 Governments Adapting to Permissionless Money01:10:14 Bitcoin Bringing the U.S Back to its Core Principles01:16:23 What the World Looks Like Post-Bitcoin?01:24:04 Strategic Implications for the U.S01:30:16 Bitcoiners Taking Risk to Ensure its Success01:37:33 Getting Bitcoin in the Minds of Policy Makers01:41:53 How Does this Play Out Over the Next 15-20 YearsSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

28 Jan 20221h 49min

My friend and fellow student of money codenamed "Lester" joins me for a multi-episode conversation exploring the excellent book "The Twilight of Gold" by Melchior Palyi.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTLester's Twitter: https://twitter.com/ProgrammableTxBOOKThe Twilight of Gold: https://www.abebooks.com/first-edition/Twilight-Gold-1914-1936-Myths-Realities-Palyi/30927065697/bdPODCASTPodcast 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 Twilight of Gold”00:02:05 What is Money? It’s an Antivalue00:08:59 Gold as the Governor of Government00:12:16 Studying the Gold Standard as a Prism through which to See the Future00:18:17 The Importance of the International Gold Standard to Humanity…00:22:12 …The Closest the World has ever been to a Pure Laissez-Faire Economy00:24:30 NYDIG00:25:38 The Gold Standard as a Non-Legislated Fount of Freedom00:29:21 Background on the Author: Melchior Palyi00:32:11 The Author was Warning Us About the Gathering Forces of Inflation00:34:33 Fiat Currency Inflation: The Recurrent Self-Deception of Humanity00:36:29 Imagining Inflation as a “Magic Syringe”00:40:28 The Explosion of Zombie Mythology After Abolishing the Gold Standard00:44:11 Financing World War 1 with the “Magic Fiat Syringe”00:45:53 The Only 4 Ways Public Debt Can Be Paid…00:49:47 Inflations Build on Themselves Exponentially00:51:33 Reservoirs and Psychological Triggers of InflationSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

27 Jan 202254min

Jason Lowery from the US Space Force joins me for a multi-episode series exploring the first principles of physics, the ubiquity of organic power projection, and how Bitcoin changes the game.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTJason's Twitter: https://twitter.com/JasonPLoweryPODCASTPodcast 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 First Principles of Physics00:08:14 Constants in Reality: Is Bitcoin the First Constant in Economics?00:12:14 Evolution: What Works is Kept00:20:00 Evolutionary Power Projection and Cooperation00:25:05 NYDIG00:26:12 Force Across Distance = Work00:28:40 What is Force?00:33:01 Entrepreneurship in the Evolutionary Process00:40:32 Life Succeeds Because it Hedges for “Tail Risks”00:44:03 In Between Randomness and Structure is Life00:49:11 Mammals, Opposable Thumbs, and Fire00:53:50 Fire in Astronautical Engineering and Mammals Harnessing Fire00:58:35 Humanoids Collaborating and Overcoming Dunbar’s Number01:05:06 Ideas as the Ultimate Projection of Power01:10:36 Forms of Power Through a Physics Lens01:14:53 The Power Projection Game01:20:24 Shared Abstractions & Establishing Pecking OrderSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

26 Jan 20221h 26min

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

26 Jan 20221h 3min