Bitcoin Threat Vectors | The Weinstein Series | Episode 2 (WiM086)

Eric Weinstein joins me for a multi-episode conversation covering mathematics, physics, history, politics, economics, and money. Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/ GUEST Eric's twitter: https://twitter.com/EricRWeinstein Eric's YouTube: https://www.youtube.com/ericweinsteinphd Eric's Podcast: https://ericweinstein.org/ 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?si=wgVuY16XR0io4NLNo0A11A&nd=1 RSS Feed: https://feeds.simplecast.com/MLdpYXYI Transcript: OUTLINE 00:00:00 “What is Money?” Intro 00:00:08 Bitcoin Mining as the Bridge Between Digital and Physical 00:02:36 The Issue of Theft 00:05:04 Transactional Anonymity and the Value Proposition of Bitcoin 00:07:57 Bitcoin’s Killer App: “It Makes You Rich” 00:11:00 Scarcity is Absolutely Essential to Freedom 00:14:56 Bitcoin “Toxic Maxulinity” 00:17:29 Shitcoins as “Counterfeit Bitcoin” 00:21:53 Bitcoin as “Goldilocks Money” 00:23:57 How Secure is Satoshi’s Discovery? 00:26:20 The Problem of the US Dollar as Numeraire 00:28:26 “What If The Government Made All the Thermometers?” 00:30:29 NYDIG 00:31:37 Gauge Theory as a Way to Protect the Gauges 00:32:32 Potential Threats to Bitcoin 00:36:30 Bitcoin as a Culture of Temptation-Resistance 00:39:05 Simulating a Bitcoin Market Cycle 00:42:21 Central Banking Makes Bitcoin “Number Go Up” Forever 00:48:30 The “Charismatic Campaigner” Risk 00:52:06 The Trauma of Being Vindicated on Bitcoin 00:54:55 Trait Disagreeableness is Common Among the Rich 00:56:52 Sharing Some Perspectives on Taleb and Musk 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?lang=en All My Current Work: https://linktr.ee/breedlove22​ WRITTEN WORK Medium: https://breedlove22.medium.com/ Substack: https://breedlove22.substack.com/ WAYS TO CONTRIBUTE 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 Dollars via Venmo: https://venmo.com/code?user_id=1784359925317632528 The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=true RECOMMENDED BUSINESSES Worldclass Bitcoin Financial Services: https://nydig.com/ Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217 Put your Bitcoin to work. Earn up to 6% interest back on Bitcoin with Tantra: https://bit.ly/3CFcOmg Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/ Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/ Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22