Santiago Velez joins me for a fascinating dialogue on the nature, philosophy, and physics of money, markets, and human action.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTSantiago's Twitter: https://twitter.com/Santiag78758327PODCASTPodcast 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 Money: The Most Beautiful Lie?00:03:51 Defining Value00:07:23 The Ability to Express Your Willpower to the World00:12:29 Money & Currency Networks00:19:10 Geographic Consensus00:25:16 “Every Tool is a Weapon if you Hold it Right”00:29:41 The Weaponization of the Dollar00:35:00 Taxation00:38:06 The Intentions Behind Our Current Central Banking System00:43:50 Fiat Currency: Self-Deception at Scale00:52:50 Zeroing-in on the Most Truthful Fiction01:03:29 NYDIG01:04:38 Harnessing Willpower & the Rate of Coercion01:12:54 Dollarization Continues in the Near-Term01:18:06 Gradients and Rates of Flows01:25:09 Evangelizing Bitcoin01:29:28 Harvesting Economic Surplus01:34:53 Santiago's Pinned Tweet01:40:29 Fiat Drives Centralization01:43:39 Maximizing Purchasing Power Among Digital Assets01:51:20 Assigning Value to DecentralizationSOCIALBreedlove 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-2022-26217Put your Bitcoin to work. Earn up to 6% interest back on Bitcoin with Tantra: https://bit.ly/3CFcOmgAutomatic 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/BREEDLOVE22