Money is Nothing but Network (Part 2/2) - Brandon Quittem - DemystifySci #387

Blockchain currency unfurls here like a hidden root system, threading through the cracks of the old order with a quiet, stubborn intelligence. Brandon Quittem walks us into that underground, where mycelial networks and decentralized ledgers start to align in unexpected ways. In his telling, money is something that grows, adapts, and remembers, shaped by the hands and hopes of the people who hold it. Ultimately, the boundary between ecology and economy feels thin enough to step through. Part 1: https://youtu.be/CG7msC0Rv5M PATREON https://www.patreon.com/c/demystifysci PARADIGM DRIFT https://demystifysci.com/paradigm-drift-show HOMEBREW MUSIC - Check out our new album! Hard Copies (Vinyl): FREE SHIPPING https://demystifysci-shop.fourthwall.com/products/vinyl-lp-secretary-of-nature-everything-is-so-good-here Streaming: https://secretaryofnature.bandcamp.com/album/everything-is-so-good-here 00:00 Go! 00:03:53 Why Can't I Spend Bitcoin at the Grocery Store? 00:10:03 Bitcoin in Developing Nations vs. The West 00:13:26 The "Criminal Use" Argument & Drug Laws 00:15:56 Anonymity, Scams, and Lack of Recourse 00:20:20 Exchange Risks & Custody (Not Your Keys, Not Your Coins) 00:22:50 How to Start: "Get Off Zero" & Multisig Security 00:26:18 The $800 Million Hard Drive in a Landfill 00:28:22 Bitcoin vs. "Shitcoins" & Altcoins 00:29:13 Handling Volatility & Dollar Cost Averaging 00:32:27 Why Bitcoin is Unique: Outsourcing Trust to Math 00:35:21 Is Bitcoin Just a "Faith-Based" Asset? 00:40:49 Why Are Bitcoiners So Intense? (The Evangelism Problem) 00:45:10 How Brandon Manages His Personal Finances 00:49:40 Introduction to the Mycelium Analogy 00:54:38 Fungi 101: Mycelial Networks & Tree Communication 01:05:04 Ancient Human Use of Fungi (Ötzi the Iceman) 01:07:56 The Beer Theory of Civilization 01:10:46 Slime Molds & Decentralized Decision Making 01:14:34 Bitcoin's Anti-Fragility & "Immune System" 01:16:12 Monocrops (Fiat) vs. Old Growth Forests (Bitcoin) 01:24:01 Is Bitcoin a Living Organism? ("Bits Move Atoms") 01:35:15 Consilience: When Multiple Disciplines Agree 01:39:03 Crowd Health & Alternative Systems 01:41:03 The Social Impact of a Bitcoin Standard 01:43:13 Closing Thoughts & Future Episodes #mycology #cryptocurrency , #blockchaintechnology , #decentralization , #economics , #futureofmoney , #digitalcurrency , #physicspodcast #philosophypodcast MERCH: Rock some DemystifySci gear : https://demystifysci-shop.fourthwall.com/ AMAZON: Do your shopping through this link: https://amzn.to/3YyoT98 DONATE: https://bit.ly/3wkPqaD SUBSTACK: https://substack.com/@UCqV4_7i9h1_V7hY48eZZSLw@demystifysci RSS: https://anchor.fm/s/2be66934/podcast/rss MAILING LIST: https://bit.ly/3v3kz2S SOCIAL: - Discord: https://discord.gg/MJzKT8CQub - Facebook: https://www.facebook.com/groups/DemystifySci - Instagram: https://www.instagram.com/DemystifySci/ - Twitter: https://twitter.com/DemystifySci MUSIC: -Shilo Delay: https://g.co/kgs/oty671