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/
GUEST
Lester's Twitter: https://twitter.com/ProgrammableTx
Twitter Thread Reference: https://twitter.com/naturalmoneybtc/status/1361036765293735937
BOOK
The Twilight of Gold: https://archive.org/details/twilightofgold190000paly/
PODCAST
Podcast Website: https://whatismoneypodcast.com/
Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400 Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1
RSS Feed: https://feeds.simplecast.com/MLdpYXYI
Transcript:
OUTLINE
00:00:00 “What is Money?” Intro
00:00:08 Looking at Liquidity Principles in the Bitcoin Era
00:04:34 Considering Global Base Money is Approximately 29.3 Trillion
00:08:11 If There Was a Massive Unwind in Debt…
00:13:51 There is Plenty of Sats in the Bitcoin Sea
00:18:47 The Difference Between Money Supply and Purchasing Power
00:21:09 NYDIG
00:22:17 “It is Interest Being Bought With Money and Not Money Being Rented With Interest”
00:29:52 Credit Should Incentivize and Not Hamper Productivity in Borrowers
00:34:53 There Is No Need for a Planned Interest Rate
00:39:14 Policy Manipulates Interest Rate Levers
00:44:45 How Homes are Kept Unaffordable
00:48:12 Pain Now or Pain Later: Delaying the Crippling Interest Structure
00:53:42 Acknowledging Differing Viewpoints on Banking Schools
00:55:30 “What is Money?” Outro
SOCIAL
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WRITTEN WORK
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WAYS TO CONTRIBUTE
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RECOMMENDED BUSINESSES
Worldclass 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-2022-26217
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Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/
Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack