Loading video...

Video Failed to Load

Go Home

Is bitcoin just a collective hallucination? No. Bitcoin's objectively superior monetary properties (perfect scarcity, internet portability, 100,000,000x divisibility, and infinite durability) make it a natural Schelling point for what humans call "money."

21,843 views • 7 months ago •via X (Twitter)

0 Comments

No comments available

Comments from the original post will appear here

Related Videos

Bitcoin Hits All-Time High: A Once in a Species Breakthrough w/ Jesse Myers (WiM586) Jesse Myers (Croesus 🔴) joins Robert ₿reedlove to explore the origins of money as a once-in-a-species breakthrough in human coordination, how scarcity forms the basis of moral structure, and why money serves as the keystone of civilization. We discuss the evolution of money across history, the development of tools and natural language, how Bitcoin has perfected scarcity, why Bitcoin is a self-fulfilling prophecy, and the bright orange future ahead. 0:00 - WiM Episode Trailer 1:31 - Shelling Out: Once in a Species 7:50 - Economics: The Youngest Science 11:29 - Humanity’s Relationship with Art 15:25 - Money and Dunbar’s Number 24:19 - The Farm at Okefenokee 25:46 - iCoin Bitcoin Wallet 27:16 - Money: The Keystone to Civilization 34:03 - Money and Moral Structure 48:14 - Scarcity as a Starting Point 55:49 - Heart and Soil Supplements 56:49 - Helping Lightning Startups with In Wolf's Clothing 57:42 - Beauty vs Scarcity 1:05:23 - The Development of Natural Language and Tools 1:13:34 - Defining Scarcity 1:19:55 - Mine Bitcoin with Blockware Solutions 1:21:21 - Onramp Bitcoin Custody 1:23:17 - Has Bitcoin Perfected Scarcity? 1:32:51 - The Evolution of Money 1:42:06 - Mind Lab Pro Supplements 1:43:16 - Buy Bitcoin with Coinbits 1:44:44 - The Self-Fulfilling Prophecy of Bitcoin 1:50:16 - The Bright Orange Future 2:00:17 - Bitcoin Defunds War 2:04:41 - The Timeline of Money 2:07:28 - Where to Find Jesse Meyers

The "What is Money?" Show

16,267 views • 1 year ago

“How many bitcoin do you own?” That’s how it starts, a stupid question from the host. From there, it goes downhill fast. Christine Lagarde repeats every tired anti-bitcoin cliché the ECB has ever pushed. Let's go... 1️⃣ “Bitcoin has no intrinsic value.” Neither does fiat. Intrinsic value is an outdated economic myth, money derives value from scarcity, credibility, and demand for settlement. Bitcoin’s scarcity is mathematically enforced; fiat’s is politically decided. 2️⃣ “It has no anchor of safety.” Bitcoin’s anchor is energy. Every coin represents irreversible work, proof of energy expended to secure the network. Fiat’s anchor is faith in central banks that inflate at will. 3️⃣ “It could collapse.” So can any monetary system. But bitcoin has operated with 99.99% uptime for 15 years, through wars, recessions, bans, and collapses, that you and your friends created! Now go and compare that to banking crises that occur every decade. 4️⃣ “It’s speculative.” Yes! In the same way that every emerging monetary asset is. Gold was speculative in 600 BC. Bonds were speculative in 17th-century Europe. Bitcoin is price discovery in real time. A Feature! 5️⃣ “A digital euro will be safer.” Hmmmm... no! That’s not safety. That’s dependency. A CBDC is not money you own; it’s credit you’re allowed to use, programmable and reversible at will. While bitcoin is ownership; CBDCs are permission. 6️⃣ “Stablecoins are different.” Exactly! They’re IOUs, not assets. They rely on trust in an issuer, exactly what bitcoin removes. Bottom line: Every critique Lagarde makes of bitcoin describes fiat more accurately. Trust math, not mandates.

Eli Nagar

187,201 views • 9 months ago