Theoretical Physicist Geoffrey West joins me for a multi-episode series exploring his excellent book "Scale: The Universal Laws of Life, Growth, and Death in Organisms, Cities, and Companies." Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTGeoffrey's Book: https://www.amazon.com/dp/B010P7Z8J0/ref=dp-kindle-redirect?_encoding=UTF8&btkr=1Geoffrey's Profile: https://www.santafe.edu/people/profile/geoffrey-westPODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 Language as a Technology and the Discovery of the Future00:07:22 The Human Imagination as Our Most Powerful Tool00:10:36 Innovating “Imagined Orders” and the Industrial Revolution00:15:15 The City as a Scaled Representation of the Human Brain?00:20:42 Where Does the Geometric Structure of Social Networks Come From?00:24:22 The Speculation Supporting Dunbar’s Number…00:29:02 Niche Construction and the Psychological Impact of Corrupt Money00:32:52 Principles of Physics Underlying the Geometry of Social Networks?00:38:03 Dynamic Network Tension Between Physical Possibility and Information Throughput00:40:36 NYDIG00:41:44 Impact of The Digital Age on Social Network Geometry00:44:10 Historical Telecommunication Revolutions00:47:54 A Historical Look at the Physical Possibility and Information Throughput of Money…00:51:03 Geoffrey’s Trouble Conceptualizing Money…00:54:42 Energy Expenditure is the Mechanism which Secured Gold’s Money Supply00:58:37 Free Exchange, Positive Feedback Loops, and Emergent Properties01:03:33 Social Networks are Bound by the Free Exchange of Information01:06:44 Emergent Properties as the “Whines and Squeals” of Amplified Positive Feedback Loops01:10:10 Positive Feedback Loops and the Amplification of IdeasSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass 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-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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