Political Money vs Market Money with Jeff Deist (WiM354)

Jeff Deist joins me to discuss the weaponization of fiat money, how the market defines money, the impact of a gold-backed currency, and the shortcomings of democracy.  Jeff Deist is a writer, advocate, and public speaker for markets, property, and civil society. He is the former president of the Mises Institute. He is currently the general counsel for Monetary Metals. // GUEST //  Twitter: https://twitter.com/jeffdeist  Website: https://monetary-metals.com/ // SPONSORS //  In Wolf's Clothing: https://wolfnyc.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 //  00:00:00 - Coming up  00:00:41 - Intro  00:02:14 - Helping Lightning Startups with In Wolf's Clothing  00:03:00 - Introducing Jeff Deist  00:03:47 - What is Money?  00:07:30 - Market Defines Money  00:11:27 - Fiat Money is Weaponized Money  00:15:05 - Bringing Back the Gold Standard  00:18:42 - The 'One' Currency  00:22:28 - Negatives and Benefits of Fiat Currency  00:26:38 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet  00:27:35 - Bitcoin as Money  00:31:20 - The Bitcoin Optimism  00:33:15 - Bitcoin Market Cap Debate  00:35:58 - The End of the US Dollar Supremacy  00:40:17 - Probable Impact of a Gold-Based Currency  00:44:49 - AML & KYC: What They Are and How They Work  00:50:44 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet  00:51:35 - Hold Bitcoin in the Most Secure Custody Model with Casa  00:52:24 - Democracy is a Threat to Free Speech  00:55:59 - Vulnerability of Democracy  00:58:49 - Protecting Property Rights  01:02:18 - Politics and Statism Impose Unchosen Hierarchies  01:07:55 - Where to Find Jeff on the Internet // 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