TDC #250: COMPREHENDING THE ROOT-PROBLEM & ROOT-SOLUTION. with JOE BRYAN

#Bitcoin #Fiat #Money #inflation Joe Bryan - creator of the educational video "What's The Problem?"  @SatsVsFiat  - joins Keyvan Davani for a deep-dive conversation on the root-problem & root-solution of human civilization. Here's a summary of the conversation:* **Introduction of Joe Brian:** * Joe Brian created "What's the Problem," a video explaining Bitcoin's importance. * Background in physics, derivatives trading, entrepreneurship; now focused solely on Bitcoin.* **Fiat System and Awareness:** * Specialization in finance discourages broader understanding. * Austrian economics not formally taught; often actively contradicted. * Financial professionals either indoctrinated Keynesians or focused on specific products. * Limited understanding of monetary corruption within the financial system. * Difficult to motivate individuals to learn truths that undermine their jobs.* **Education and Austrian Economics:** * Austrian economics seen as obvious, its absence in education is "criminal." * Central banking era coincides with changes in education to prevent questioning. * Engineers/scientists make good economists due to systems thinking (cause & effect). * Economic systems must be built on human action to be effective.* **Central Banking Critique:** * Central banking seen as a ludicrous attempt to control the economy by corrupting money. * Instability created by those justifying their presence by solving it. * Education system propagandizes the unquestioned pillar of central banking.* **Storytelling and Bitcoin Adoption:** * Delivering information as a story aids memory and understanding. * Goal is to "plant the orange seed" to motivate deeper exploration of Bitcoin. * "What's the Problem" avoids specific details like central banking/fractional reserve to broaden appeal. * These details are for later unraveling as people delve deeper.* **Bitcoin's Properties:** * Bitcoin is the hardest money with ideal properties: decentralized, scarce, censorship-resistant.* **Reactions to "What's the Problem":** * Overwhelmingly positive reactions. * Reactions range from simple understanding to mind-blown realizations. * Pushback is minimal, usually from those entrenched in opposing viewpoints. * Video serves as a starting point, directing people to further resources.* **Deflation and Abundance:** * Deflation (falling prices, rising quality) is key to abundance. * Video illustrates this concept without explicitly using the term "deflation." * Free market/capitalism naturally leads to this abundance when left unhindered.* **Intervention and Consequences:** * Interference with free markets causes disturbances, inefficiencies, and problems. * This creates justification for further intervention, a cycle seen in central banking/socialism. * Socialism and communism are aberrations on the natural system, leading to guaranteed death of a system.* **Bitcoin as a Solution:** * Bitcoin is the first global free market, liberating people from tyranny and providing independence. * No technology provides a level of control in people's lives. * Criminal accountability for central bankers is non existent.Follow Joe on X: https://x.com/satmojoe & https://x.com/satsvsfiatWebsite: https://www.satsvsfiat.com/#heroPlease, share this highly educational conversation with your family & friends.Follow Keyvan Davani on X: https://x.com/keyvandavaniLike, share, follow, & subscribe to Davani on social media & YouTube. Thank you for your support!Bitcoin-Podcast: https://anchor.fm/keyvandavaniPodcast-Platforms you can listen to my show: Fountain.fm: fountain.fm/keyvandavani Apple Podcast: https://apple.co/2IA2dhVGoogle Podcast: https://bit.ly/31rSymqSpotify: https://spoti.fi/2wOfq1kE-mail: info@bitcoin21.at Websites: bitcoin21.at , bitcoinmentor.at