In April 2020, after watching Eric Weinstein’s appearance on Joe Rogan (episode #1453), Chris Espley wrote a thread on Twitter which gave a Bitcoiner’s perspective on some of the societal problems Weinstein had identified.

Bitcoiners aren’t a homogenous group, but the thread proved popular, suggesting the themes resonated with a significant number of Bitcoiners and explained their perspective well.

In this episode of the What is Money? Show, Robert Breedlove and Chris Espley explore and expand on the themes discussed within the original thread.

00:00:00 Why Eric Weinstein?
00:05:15 The purpose of this conversation - Building our Portal
00:09:58 Zooming out - The parameters of our Portal
We’re living through cultural and economy decay
00:15:33 Bitcoiners vs. Weinstein – What we agree on, living through cultural and economic decay
00:23:19 WTF happened in 1971? – Systemic Rot
00:27:41 Skin in the Game – The limits of the Keynesian perspective
00:31:44 A stall in innovation in physics - Weinstein’s perspective
Why mainstream explanations come up short
00:33:42 The money is the root, not theoretical physics
00:38:03 Keynesian’s are too zoomed in
00:44:06 Gen X vs. Millennial perspectives
00:47:08 Millennial disillusionment in art and popular culture
00:53:46 The monetary system is the unseen cause
01:03:58 Meme wars - Why Bitcoin wins
The history of money
01:14:24 The function of money
01:19:08 Why gold emerged as money
01:21:17 How gold empowered civilizations to become great
01:22:34 Why we moved beyond gold
01:26:58 Money, standards and social scalability
Fiat money is the root of the problem
01:32:37 Money is the base layer of civilization
01:38:39 Fiat money is decivilizing
01:42:21 Corrupting the money is the cause of decay
01:52:20 The problems with Weinstein’s perspective
How problems with the money are causing societal decay
01:57:02 Fiat money robs society of its course-correction mechanism
02:03:12 Fiat money insulates society from the consequences of its actions
02:06:43 Fiat money gives power to Wall Street
02:09:35 Good money creates great civilizations
02:14:42 Fiat money embeds dishonesty into the system
Bitcoin is the solution, Bitcoin is the future
02:30:44 Bitcoin is the bedrock for a new society, economy and morality
02:33:22 To understand Bitcoin’s implications is to understand the future
02:38:57 Bitcoin accelerates the transition to the digital age
02:58:20 A Bitcoin future is a hopeful future

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