4.8 • 710 Ratings
🗓️ 31 July 2023
⏱️ 67 minutes
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0:00.0 | There's a quote by Ein Rand, I'll read to you. She says, whenever destroyers appear among men, |
0:05.8 | they start by destroying money for money is men's protection and the base of a moral existence. |
0:11.5 | And that's why value is not just monetary. And why I always view value is time, talent, or treasure. |
0:17.5 | It sounds to me like you're proposing that Bitcoin is the platonic form of money. |
0:21.9 | Whatever's money is some commodity of more or less fungible units that have a value because |
0:27.7 | they're part of the monetary network. Exactly, because money is a representation of the value |
0:33.4 | of our scarce time here on this earth. And it's a very good fundamental question to start with. |
0:37.6 | You know, what is money? |
0:38.6 | That obviously is the namesake of the show here. |
0:41.3 | Because what you said is perfect. |
0:42.6 | We decide what money is. |
0:43.8 | Why would we decide a thing that they just say is money? |
0:46.2 | I think I have found another answer to my favorite question. |
0:50.3 | Money is an attention allocation technology. Hey everybody, welcome to the What is Money Show. |
1:05.0 | I am thrilled to have you here joining me on my mission to help shine light on the collection of money. |
1:11.6 | Now, if this is your first time listening to The What Is Money Show, I strongly recommend that you go back to episodes one through nine first, which lays a lot of the groundwork for many of the concepts that we explore on the show. |
1:23.9 | These first nine episodes are my series with Michael Saylor, and thousands of people |
1:28.8 | have told me that this is the best podcast series they've ever heard, hands down, and that it was |
1:34.5 | instrumental to their understanding of money and Bitcoin. So if you're looking to start a deep dive |
1:41.2 | into the nature of money, I don't think there's any place better that you can start |
1:45.4 | other than episode one of this show. Now, a little bit about this show and how it makes money. |
1:50.6 | What Does Money Show is 100% sponsor based. So all of our revenues are derived from direct |
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