Journalism in the 21st Century | The Balaji Series | Episode 5 (WiM119)

Balaji Srinivasan joins me for a multi-episode series exploring sovereignty in The Digital Age, geopolitical game theory, the future of statism, and how Bitcoin/crypto fits into the picture. Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/ GUEST Balaji's Twitter: https://twitter.com/balajis Balaji's Website: https://balajis.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 Stupid vs. Evil (21st Century Journalism) 00:09:16 The No Handshake Policy 00:10:50 The Centralization Inherent to Traditional Media 00:14:14 “The Monopoly of Truth is Effectively the Monopoly on Violence” 00:18:18 The Journalistic Incentive to Incite Conflict 00:21:09 Once Upon a Time, Google was a Neutral Search Engine 00:24:12 The Prevalence of Foreign-Made Goods to US Lifestyles 00:30:10 The More One Resorts to Coercion, the Less Firm One’s Hold on Power 00:33:58 The Rising Empire of China 00:40:01 The Chinese Anti-Corruption Model 00:42:54 NYDIG 00:44:01 The Secret Document that Transformed China 00:49:38 The Hierarchal Management Model of China 00:54:19 “Social Media Basically Defines Celebrity Today” 00:57:37 “If It Bleeds It Leads”: The Broken Incentives of Journalism 01:05:37 Digital Content Becoming a Goal-Oriented Set of Stimuli? 01:10:29 Reforming Legacy Journalism 01:12:37 The Rise of “Wokism” and the Collapse of Legacy Journalism 01:18:39 Centralized Media Companies as Bottlenecks to Truth-Discovery 01:24:44 Reintroducing Entrepreneurship to Journalism via Decentralization 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 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 Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack