The "What is Money?" Show

Separation of Money and State with Josef Tětek (WiM337)

Episode Summary

Josef Tětek joins me to discuss the relationship between the Austrian School of Economics with Bitcoin, the impact of time preference, and the non-state properties of Bitcoin.

Episode Notes

Josef Tětek joins me to discuss the relationship between the Austrian School of Economics with Bitcoin, the impact of time preference, and the non-state properties of Bitcoin. 

Josef Tětekis an author and a podcaster. He works as a Bitcoin Analyst at SatoshiLabs. 

// GUEST // 
Twitter: https://twitter.com/SatsJoseph 
Articles: https://bitcoinmagazine.com/authors/josef-tětek 
Podcast: http://stackuj.cz/

// SPONSORS // 
In Wolf's Clothing: https://wolfnyc.com/
Gold Investment Letter: https://www.goldinvestmentletter.com/ 
iCoin Hardware Wallet (use discount code BITCOIN23): https://www.icointechnology.com/ 
Wasabi Wallet: https://wasabiwallet.io/ 
Casa (use discount code BREEDLOVE): https://keys.casa/ 
Bitcoin Apparel (use discount code BREEDLOVE): https://thebitcoinclothingcompany.com/ 
Feel Free Tonics (use discount code BREEDLOVE): https://botanictonics.com 
Carnivore Bar (use discount code BREEDLOVE): https://carnivorebar.com/ 

// OUTLINE // 
00:00 - Coming up 
00:51 - Intro 
02:24 - Helping Lightning Startups with In Wolf's Clothing 
03:10 - Introducing Josef Tětek 
03:30 - Quick Background and Path into Bitcoin 
04:44 - Orange Pill Moment 
05:25 - Relationship of the Austrian School of Economics with Bitcoin 
09:35 - No Supercomputer can Replace the Pricing System 
12:26 - Distributed Computing vs. Centralized Computing 
14:40 - Emergent Pricing vs. Central Planning 
17:10 - The Immutable Laws 
18:31 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet 
19:27 - Maximize Your Profits with Gold Investment Letter 
20:24 - Time Preference and its Connection to Money 
26:43 - Positive Consequences of Low Time Preference 
28:50 - Monetary History: From Gold to Bitcoin 
33:48 - Problems of the Gold Standard 
35:21 - The Intangibility of Bitcoin 
36:02 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet 
36:54 - Hold Bitcoin in the Most Secure Custody Model with Casa 
37:42 - Bitcoin: Separation of Money and State 
42:16 - Attributes that Make Bitcoin a Non-State Money 
44:01 - Why Bitcoin Only 
47:43 - Ten Commandments of Bitcoin 
51:04 - How to Find Josef's Work

// PODCAST // 
Podcast Website: https://whatismoneypodcast.com/ 
Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400
Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE? 
RSS Feed: https://feeds.simplecast.com/MLdpYXYI

// SUPPORT THIS CHANNEL // 
Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7 
Sats via Strike: https://strike.me/breedlove22 
Sats via Tippin.me: https://tippin.me/@Breedlove22 
Dollars via Paypal: https://www.paypal.com/paypalme/RBreedlove

// WRITTEN WORK // 
Medium: https://breedlove22.medium.com/ 
Substack: https://breedlove22.substack.com/

// SOCIAL // 
Breedlove Twitter: https://twitter.com/Breedlove22 
WiM? Twitter: https://twitter.com/WhatisMoneyShow 
LinkedIn: https://www.linkedin.com/in/breedlove22
Instagram: https://www.instagram.com/breedlove_22 
TikTok: https://www.tiktok.com/@breedlove22 
All My Current Work: https://vida.page/breedlove22