The "What is Money?" Show

The Nature of Capital and Capitalism | Bitcoin is Venice Series | Episode 1 (WiM381)

Episode Summary

Allen Farrington and Sacha Meyers join me for a multi-episode conversation exploring their book "Bitcoin is Venice". In this episode, we discuss what MMA and Bitcoin have in common, what is capital and capitalism, and why Bitcoin is a leveler of the playing field.

Episode Notes

Allen Farrington and Sacha Meyers join me for a multi-episode conversation exploring their book "Bitcoin is Venice". In this episode, we discuss what MMA and Bitcoin have in common, what is capital and capitalism, and why Bitcoin is a leveler of the playing field. 

Allen Farrington and Sacha Meyers co-authored the book "Bitcoin is Venice". 

// GUEST // 
Book: https://store.bitcoinmagazine.com/collections/books/products/bitcoin-is-venice 
Allen’s Twitter: https://twitter.com/allenf32 
Sacha’s Twitter: https://twitter.com/sacha_meyers

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// OUTLINE // 
00:00:00 - Coming up 
00:00:24 - Intro 
00:01:57 - Helping Lightning Startups with In Wolf's Clothing 
00:02:43 - Introducing Allen Farrington and Sacha Meyers 
00:04:02 - Origin Story of Bitcoin Is Venice 
00:09:34 - What is Capital? 
00:15:00 - Capital Construction with Human Time 
00:20:10 - Run Your Business From Anywhere with NetSuite 
00:21:15 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet 
00:22:11 - Money: Most Liquid Form of Capital 
00:26:25 - Optimizing Capital Stocks 
00:30:23 - Understanding the Financial System 
00:31:51 - What is Capitalism? 
00:37:07 - The Best System for Capital Accumulation 
00:40:23 - Religious Predisposition and Capital Accumulation 
00:45:09 - Classical Liberal Attitude 
00:46:22 - Take Control of Your Healthcare with CrowdHealth 
00:47:24 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet 
00:48:15 - Bitcoin and the Mixed Martial Arts 
00:54:28 - Learning Bitcoin in a More Accessible Way 
01:00:34 - Comparing MMA to Bitcoin 
01:04:33 - Intellectual Dishonesty and Arrogance of Fiat 
01:06:38 - Why Bitcoin is a Leveler of the Playing Field

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