The Schizophrenia of Fiat | The Pysh Series | Episode 3 (WiM074)

Preston Pysh joins me for a multi-episode conversation exploring two books: 1) The Brain by David Eagleman, and 2) The Seat of the Soul by Gary Zukav. Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/ GUEST Preston’s twitter: https://twitter.com/PrestonPysh Preston's podcast: https://www.theinvestorspodcast.com/ 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 Reality as a Biological Interface 00:02:44 Ecological Perception in Relation to Bitcoin 00:05:59 Influence by Robert Cialdini 00:06:45 Forming Cognitive Bias on Veblen Goods 00:10:15 Commitments and Consistency Bias 00:14:36 Cognitive Precursors that Influence People 00:17:10 The Line Between Influence and Manipulation 00:19:01 Bitcoin is the Solution to Central Banking 00:26:59 The Inevitability of Disruption 00:28:33 Bitcoin as the Natural Antidote to Financial Market Manipulation 00:29:35 The Debilitation that Affects the Signaling Mechanism of the Brain 00:31:20 The Neuroscience of Reality 00:35:09 Sensory Substitution Devices and Artificial Intelligence 00:41:54 The Human Brain’s Capacity is Limitless 0045:20 What Does Bitcoin Mean for Future Technological Advancement? 00:51:04 The Dollar as a Global Reserve Currency 00:53:30 The Importance of Humility 00:54:26 Why Bitcoin is Unstoppable 01:03:48 Classical Conditioning and How it Shapes Politics 01:06:30 The Law of Decimation 01:11:08 The Schizophrenia of Fiat 01:16:38 NYDIG 01:17:46 Finding Your Life’s Work Through Past Experiences 01:23:34 Operating on a Flow State: Leveraging Your Subconscious to Play the Game 01:32:09 Priming: How One Stimulus Influences A Response to a Subsequent Stimulus 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