4.8 • 710 Ratings
🗓️ 28 June 2023
⏱️ 100 minutes
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0:00.0 | as you've been talking about a lot on this show, like the, that is data and with information |
0:06.8 | is how we interpret data, but data is just the ones and zeros. So at its core, Bitcoin is not |
0:13.0 | digital gold or an asset or even money. It's just a string of ones and zeros that enables us |
0:19.7 | to interact with one another in such a way |
0:22.7 | so we get this fixed set of rules that is extremely hard to change unless we all agree that |
0:28.8 | we should change it for some reason. Right. And so it's, so it's all logos, basically. It's based |
0:35.8 | around absolute, you know, game theory and mathematics. |
0:40.6 | And that is what enables us to get these layers of the mythos and the ethos on top. |
0:46.2 | Like the ethics and everything are derived from that we now have this base layer of absolute truth. |
0:52.2 | Because we define truth by whatever happened in the time |
0:55.4 | chain. So I think that's, yeah. |
0:59.8 | Yeah, it's mind-blowing. What did we create here? |
1:08.3 | Hey, everybody. Welcome to the What is Money Show. I am thrilled to have you here joining me on my |
1:18.0 | mission to help shine light on the collection of money. Now, if this is your first time |
1:22.7 | listening to The What Is Money Show, I strongly recommend that you go back to episodes one through nine first, |
1:29.5 | which lays a lot of the groundwork for many of the concepts that we explore on the show. |
1:33.6 | These first nine episodes are my series with Michael Saylor, and thousands of people have told me |
1:39.1 | that this is the best podcast series they've ever heard, hands down, and that it was instrumental to their understanding |
1:45.7 | of money and Bitcoin. So if you're looking to start a deep dive into the nature of money, |
1:52.0 | I don't think there's any place better that you can start other than episode one of this show. |
1:57.2 | Now, a little bit about this show and how it makes money. What Does Money Show is |
2:01.1 | is 100% sponsor based. So all of our revenues are derived from direct sponsorships. And I |
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