Political Money vs Market Money with Jeff Deist (WiM354)

Jeff Deist joins me to discuss the weaponization of fiat money, how the market defines money, the impact of a gold-backed currency, and the shortcomings of democracy. <br /><br />Jeff Deist is a writer, advocate, and public speaker for markets, property, and civil society. He is the former president of the Mises Institute. He is currently the general counsel for Monetary Metals.<br /><br />// GUEST // <br />Twitter: https://twitter.com/jeffdeist <br />Website: https://monetary-metals.com/<br /><br />// SPONSORS // <br />In Wolf's Clothing: https://wolfnyc.com/<br />iCoin Hardware Wallet (use discount code BITCOIN23): https://www.icointechnology.com/ <br />Wasabi Wallet: https://wasabiwallet.io/ <br />Casa (use discount code BREEDLOVE): https://keys.casa/ <br />Bitcoin Apparel (use discount code BREEDLOVE): https://thebitcoinclothingcompany.com/ <br />Feel Free Tonics (use discount code BREEDLOVE): https://botanictonics.com <br />Carnivore Bar (use discount code BREEDLOVE): https://carnivorebar.com/ <br /><br />// OUTLINE // <br />00:00:00 - Coming up <br />00:00:41 - Intro <br />00:02:14 - Helping Lightning Startups with In Wolf's Clothing <br />00:03:00 - Introducing Jeff Deist <br />00:03:47 - What is Money? <br />00:07:30 - Market Defines Money <br />00:11:27 - Fiat Money is Weaponized Money <br />00:15:05 - Bringing Back the Gold Standard <br />00:18:42 - The 'One' Currency <br />00:22:28 - Negatives and Benefits of Fiat Currency <br />00:26:38 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet <br />00:27:35 - Bitcoin as Money <br />00:31:20 - The Bitcoin Optimism <br />00:33:15 - Bitcoin Market Cap Debate <br />00:35:58 - The End of the US Dollar Supremacy <br />00:40:17 - Probable Impact of a Gold-Based Currency <br />00:44:49 - AML & KYC: What They Are and How They Work <br />00:50:44 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet <br />00:51:35 - Hold Bitcoin in the Most Secure Custody Model with Casa <br />00:52:24 - Democracy is a Threat to Free Speech <br />00:55:59 - Vulnerability of Democracy <br />00:58:49 - Protecting Property Rights <br />01:02:18 - Politics and Statism Impose Unchosen Hierarchies <br />01:07:55 - Where to Find Jeff on the Internet<br /><br />// PODCAST // <br />Podcast Website: https://whatismoneypodcast.com/ <br />Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400<br />Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE? <br />RSS Feed: https://feeds.simplecast.com/MLdpYXYI<br /><br />// SUPPORT THIS CHANNEL // <br />Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7 <br />Sats via Strike: https://strike.me/breedlove22 <br />Sats via Tippin.me: https://tippin.me/@Breedlove22 <br />Dollars via Paypal: https://www.paypal.com/paypalme/RBreedlove<br /><br />// WRITTEN WORK // <br />Medium: https://breedlove22.medium.com/ <br />Substack: