Money Without Banks - Brandon Quittem, Demystifysci #383

In this episode of DemystifySci, we peer into the very separate roots of banking and blockchain finance to find what’s alive beneath the myth. Bitcoin guru and amateur mycologist, Brandon Quittem, joins us to trace the fall of old empires and the rise of a new code-born freedom. The conversation drifts between history and possibility, where gold becomes data and control slips through the fingers of the elite. What remains is a question: can money succeed without those who steer its value? 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! 00:04:26 The Genesis of Bitcoin and the Cipherpunks 00:08:54 The Fear of Government Control and Digital Currency 00:10:41 The Failure of Early Digital Currency Attempts 00:17:54 The Collapse of the Gold Standard 00:19:56 The Nature of Trust in Currency 00:20:54 Discussion of Properties of Money 00:25:31 Critique of Modern Monetary Theory (MMT) 00:29:52 The Risks of Unchecked Debt 00:33:31 Introduction of Bitcoin as a Solution 00:39:00 Understanding Bitcoin's Structure and Security 00:41:58 The Origin of Bitcoin Ideas 00:46:49 Understanding Blockchain and Mining 00:53:06 The Mechanics of Block Creation 00:58:04 The Finite Nature of Bitcoin Mining 01:01:57 Miners' Revenue Streams 01:03:05 Genesis of Bitcoin Mining 01:05:00 Competition Among Miners 01:07:08 Future Perspectives on Bitcoin #bitcoinanalysis , #cryptocurrencies , #blockchaineducation ,#bitcoinmining , #cryptoanalysis , #cryptotradingforbegineers , #digitalcurrency , #moneymanagement , #fintech , #investingtips , #economics , #monetarypolicy , #decentralization , #satoshinakamoto , #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