Fountain
WiM010 - Dear Eric Weinstein
The "What is Money?" Show

WiM010 - Dear Eric Weinstein

Mar 30 2021 • 3hr 5m

Show Notes

In April 2020, after watching Eric Weinstein’s appearance on Joe Rogan (episode #1453), Chris Espley wrote a thread on Twitter which gave a Bitcoiner’s perspective on some of the societal problems Weinstein had identified. Bitcoiners aren’t a homogenous group, but the thread proved popular, suggesting the themes resonated with a significant number of Bitcoiners and explained their perspective well. In this episode of the What is Money? Show, Robert Breedlove and Chris Espley explore and expand on the themes discussed within the original thread.Introduction00:00:04 – 00:05:14 Why Eric Weinstein?00:05:15 - 00:09:57The purpose of this conversation - Building our Portal00:09:58 - 00:15:33Zooming out - The parameters of our PortalWe’re living through cultural and economy decay00:15:33 - 00:23:18 Bitcoiners vs. Weinstein – What we agree on (Or: We’re living through cultural and economic decay00:23:19 - 00:27:40 WTF happened in 1971? – Systemic Rot00:27:41 - 00:31:42 Skin in the Game – The limits of the Keynesian perspective00:31:44 - 00:33:41A stall in innovation in physics - Weinstein’s perspectiveWhy mainstream explanations come up short00:33:42 - 00:38:02The money is the root, not theoretical physics00:38:03 - 00:44:09Keynesian’s are too zoomed in00:44:06 - 00:47:07Gen X vs. Millennial perspectives00:47:08 - 00:53:46Millennial disillusionment in art and popular culture00:53:46 - 01:03:54The monetary system is the unseen cause01:03:58 - 01:14:23Meme wars - Why Bitcoin winsThe history of money01:14:24 - 01:19:08The function of money01:19:08 - 01:21:16Why gold emerged as money01:21:17 - 01:22:33How gold empowered civilisations to become great01:22:34 - 01:26:56Why we moved beyond gold01:26:58 - 01:32:29Money, standards and social scalabilityFiat money is the root of the problem01:32:37 - 01:42:21Money is the base layer of civilisation01:38:39 - 01:42:20Fiat money is decivilizing01:42:21 - 01:52:20Corrupting the money is the cause of decay01:52:20 - 01:56:57The problems with Weinstein’s perspectiveHow problems with the money are causing societal decay01:57:02 - 02:03:10Fiat money robs society of its course-correction mechanism02:03:12 - 02:06:42Fiat money insulates society from the consequences of its actions02:06:43 - 02:09:34Fiat money gives power to Wall Street02:09:35 - 02:14:41Good money creates great civilizations 02:14:42 - 02:20:55Fiat money embeds dishonesty into the systemBitcoin is the solution, Bitcoin is the future02:30:44 - 02:30:43Bitcoin is the bedrock for a new society, economy and morality02:33:22 - 02:33:21To understand Bitcoin’s implications is to understand the future02:38:57 - 02:38:56Bitcoin accelerates the transition to the digital age02:58:20 - 03:05:51A Bitcoin future is a hopeful future-- See My Work: https://linktr.ee/breedlove22Contribute Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7 Stack sats: https://www.swanbitcoin.com/breedlove/Twitter: https://twitter.com/Breedlove22
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@lightningdav
25 sats
Jul 31 2022
brilliant podcast !