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Blockware Podcast

Your "Money" isn't Real

08 Sep 2023

Description

Joe Burnett is joined by Mitchell Askew, On-Chain Analyst at Blockware, to discuss money, capitalism, free markets, Bitcoin, and more! ⛏️Start mining Bitcoin today with the Blockware Marketplace: https://marketplace.blockwaresolutions.com/marketplace Upgrade your security by hammering your Bitcoin seed phrase into titanium plates using Stampseed. Use Coupon Code "BLOCKWARE15" for 15% off sitewide. https://stampseed.com/?mtm_campaign=blockware Follow us on Twitter: Joe: https://twitter.com/IIICapital Mitch: https://twitter.com/MitchellHODL Blockware: https://twitter.com/BlockwareTeam 00:00 Intro 01:00 Blockware Marketplace 02:03 Working in Bitcoin Mining during a Bear Market 03:56 What is money? 08:27 The difference between Capitalism and Free Markets 12:17 Price controls on money resulting in capital misallocation 15:51 Consumer mindset vs producer mindset 18:41 Understanding Bitcoin from different perspectives 21:26 The Bitcoin Revolution and the American Revolution 26:16 America: The OG Decentralized Entity 30:56 Is the US Government Bankrupt? 38:58 Bitcoin was an inevitable technology 43:01 Reducing friction in markets 44:04 Fiat as a bad unit of account 46:05 The gutting of the middle class & nuclear family 50:02 Bitcoin vs Crypto 56:43 Binance, not your keys not your coins 1:01:19 Bitcoin ETF - Rehypothecation? 1:02:58 How will Bitcoin transform civilization 1:05:12 Hyper-Bitcoinization, BTC price targets

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