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TFTC: A Bitcoin Podcast

#572: The Story of How Money Was Broken with Joe Bryan

TFTC: A Bitcoin Podcast

Marty Bent

Technology

4.8764 Ratings

🗓️ 10 January 2025

⏱️ 68 minutes

🧾️ Download transcript

Summary

Marty sits down with Joe Bryan to discuss his presentation of the problem of fiat currency.


Joe on Twitter: https://x.com/satmojoe

SatsVsFiat: https://x.com/SatsVsFiat

What's The Problem: https://www.youtube.com/watch?v=YtFOxNbmD38&t


0:00 - Intro

0:36 - Joe’s background

9:53 - Borrowing on bitcoin stabilizes the market

13:02 - Unchained

14:49 - Educating on the problem with money

18:57 - The origin of Joe’s story

24:00 - Zaprite & SOTE

25:33 -The power of storytelling

32:34 - Outlining the Fiatello story

51:45 - Response to the presentation

58:39 - Preparing for 2025


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Transcript

Click on a timestamp to play from that location

0:00.0

You've had a dynamic where money has become freer than free.

0:10.0

If you talk about a Fed just gone nuts, all the central banks going nuts.

0:16.0

So it's all acting like safe haven.

0:18.0

I believe that in a world where central bankers are tripping over themselves to devalue their

0:23.5

currency, Bitcoin wins.

0:25.3

In the world of fiat currencies, Bitcoin is the victor.

0:29.1

I mean, that's part of the bold case for Bitcoin.

0:31.8

If you're not paying attention, you probably should be.

0:36.3

All right, take to Joe, Joe. I'm sorry.

0:38.3

As I was describing my poor setup here, some audio went on in the background of my mic.

0:44.3

I didn't know if I was picking that up.

0:46.3

Like I said, we met this morning or got connected this morning, now meeting face-to-face.

0:53.3

You just released a 38-minute video to try to break Bitcoin down from first principles for beginners.

0:59.0

What's the problem?

1:01.0

And I think the problem that you're trying to solve in terms of a one-touch piece of content or education

1:10.0

that would help people fall down the Bitcoin

1:13.5

rabbit hole and be compelled to learn more is really enticing.

1:17.7

But before we drive into what's the problem, the story of Satoshi versus Vietelho and what

1:24.2

happens on this island that the civilization gets stranded on.

1:28.1

Why don't you tell us a little bit about yourself, your background, and how you came to

1:33.0

become passionate about this particular problem of educating people about Bitcoin?

1:39.6

Sure, sure.

...

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