In this episode, we're joined by Andrew M. Bailey, philosophy professor, Bitcoin researcher, and co-author of Resistance Money: A Philosophical case for Bitcoin.
Our conversation takes a deeper look at the psychological effects of Bitcoin, the journey to Bitcoin, and the concept of green mining. We discuss how Bitcoin can boost self-confidence among long-term holders and act as a safety net in unforeseen circumstances. We also highlight Andrew's journey from his philosophy background and teaching career to becoming a Bitcoin advocate. Finally, we delve into green mining, considering how an incentive structure could encourage eco-friendly practices without state intervention. Listen in as we discuss the trade-offs of green mining and the exciting future of Bitcoin.
Connect with Andrew on Twitter: https://twitter.com/resistancemoney
Follow the progress on Resistance Money at https://www.resistance.money/
00:00:00 - Intro
00:02:49 - Bitcoin as Resistance Money
00:03:22 - What is Bitcoin?
00:06:09 - Introduction to Andrew Bailey and Resistance Money
00:09:42 - The Philosophy of Value and Austrian Economics
00:11:45 - The Nature of Money
00:19:38 - The Complexity of Monetary Theories
00:34:15 - Bitcoin's Impact on Philosophy and Economics
00:43:38 - Bitcoin and Time Preference
00:55:44 - Andrew Bailey's Background and Collaborations
01:01:28 - Exploring Green Mining in Bitcoin
01:19:40 - Thought, the Self and the Simulation
01:26:50 - The Thesis of Resistance Money
01:39:10 - Wrapping Up - Where to Find Andrew
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