And it's fundamentally a psychological phenomenon, right?

Exactly.

People that are, what we joke, that Bitcoin's an IQ test, right?

People are sort of figuring it out in different layers based on, I guess they're different

worldviews or frameworks that, because Bitcoin is something very, like even Austrians, right?

It was outside of their framework or worldview.

So it was, it's, it its emergence was not something we could easily

assimilate into anyone's worldview, really. So it seems like it kind of had to follow that path,

Cypherpunks, libertarians and outward from there. Whoever's ready to understand it. And I like

to say that in our world, the process of monetization is obviously happening a lot faster than gold. But I like to say that in our world, the process of monetization is obviously

happening a lot faster than gold. But I like to say information travels at the speed of light,

but understanding does not. That's right. So that's why Bitcoin isn't instantly monetized,

despite being the best form of money objectively that humanity has ever seen.

Hey everybody, welcome to the What is Money Show.

I am thrilled to have you here joining me on my mission to help shine light on the collection

of money.

Now, if this is your first time listening to The What Is Money Show,

I strongly recommend that you go back to episodes 1 through 9 first,

which lays a lot of the groundwork for many of the concepts that we explore on the show.

These first nine episodes are my series with Michael Saylor, and thousands of people

have told me that this is the best podcast series they've ever heard, hands down, and that it was

instrumental to their understanding of money and Bitcoin. So if you're looking to start a deep dive

...