Episode notes
Robert Breedlove, author of "The Number Zero and Bitcoin" and "Masters and Slaves of Money" and Parker Lewis, author of the "Gradually then Suddenly" series of Bitcoin essays get cosmic about Bitcoin.
They discuss how:
--fiat perpetuates inequality
--central banking causes the problems it is supposed to fix
--everybody follows their incentives (including the Fed)
--fiat money distorts pricing and communication
--Bitcoin is free speech and a fundamental monetary right.
Summary:
0:00 Introduction
2:47 How fiat money perpetuates inequality11:
10:59 How Bitcoinization happens
13:48 Are Central Bankers lying to us or ignorant?
22:41 Fiat Money is a lie
29:54 Central Banking is theft
37:38 Bitcoin as a language and freedom of speech
47:10 Bitcoin's absolute scarcity
55:25 Societal incentives toward work or theft
1:04:02 Who loses in the transition to a Bitcoin standard?
1:11:45 Does absolute scarcity require both physical and digital realms?
1:20:29 Wrap up
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