The Nature of Money and Bitcoin with Robert Breedlove (WiM363)

In this episode with Scott McBlane, we discuss the nature of money, the attributes of ideal money, the central bank of central banks, and why Bitcoin is the closest thing to perfect money humans have ever had. <br /><br />Scott McBlane is the host of the YouTube channel called Scott McBlane. <br /><br />Twitter: https://twitter.com/scottmcblane <br />Youtube: https://www.youtube.com/@ScottMcBlane<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 />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 />00:00:33 - Intro <br />00:02:06 - Helping Lightning Startups with In Wolf's Clothing <br />00:02:52 - Introducing Robert Breedlove <br />00:03:38 - Learning the Nature of Money <br />00:05:13 - Introduction to The "What is Money?" Show <br />00:07:03 - Language and Money <br />00:10:52 - Money: A Medium of Exchange for Human Action <br />00:14:19 - Imperfection of Money <br />00:16:03 - Money is a Tool <br />00:17:33 - Attributes of Ideal Money <br />00:18:58 - Global Economy is a Complex Adaptive System <br />00:22:15 - Origins of Money and Division of Labor <br />00:25:34 - Money is a Primary Part of Civilization <br />00:28:01 - Government Didn't Create Money <br />00:31:40 - Money is the Most Tradeable Asset <br />00:32:43 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet <br />00:33:39 - The Barter Problem: Non-Coincidence of Wants <br />00:38:20 - What is the Bank for International Settlements <br />00:41:50 - Organized Corruption of Money <br />00:45:16 - The Money Printing Machine <br />00:47:33 - The Need for an Immune Money to Counterfeiting <br />00:48:30 - The Problem with Gold <br />00:51:04 - Bitcoin: The Ultimate Uncounterfittable Money <br />00:53:05 - Like Zero, Bitcoin is an Absolute Innovation <br />00:54:51 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet <br />00:55:43 - Quality of the Money Dictates Its Transaction <br />00:57:51 - People Want Specific Outcomes of the Goods <br />00:59:42 - Five Useful Properties of Money <br />01:02:32 - Properties of Money Determine its Purchasing Power <br />01:05:31 - Why Bitcoin is the Perfect Money <br />01:09:49 - Bitcoin: The Invention of Pure Money <br />01:13:07 - Experience of Meeting Jordan Peterson <br />01:18:13 - Fix the Money, Fix the World<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 Ti