Bitcoin as The Future of Money w/ Jordan B. Peterson
In this episode of Dr. Jordan Peterson podcast, he sits down with four vocal Bitcoiners - Gigi, Author of Book 21 Lesions, Richard James, Creator of Hard Money Film, Robert Breedlove, host of What Is Money show, and John K. Vallis, host of Bitcoin-Rapid Fire podcast. They discuss the link between Bitcoin and personal responsibility, how central banking corrupts money, Austrian economics and how honest money can act as external representation of value.
[0:18] Jordan introduces the "Bitcoin Bookclub" group.
[1:30] Gigi introduces himself to the viewers.
[2:10] John Vallis introduction, opening up the discussion to the empowering aspects of Bitcoin individuals who utilize the currency.
[5:00] The concept of taking more responsibility and extreme ownership that John feels Bitcoin pushes you toward.
[9:30] Richard James Introduction. A brief overview of Austrian economics as opposed to Keynesian.
[16:07] Robert Breedlove introduction.
[22:00] Explaining fiat currency. An overview of central banking history in the West. Looking at the gold standard that gave the American dollar an advantage around the world.
[29:00] John’s thoughts on value and external representation.
[31:30] Gigi talks about the technical creation and use of Bitcoin, how the total amount is stable/fixed, and why it’s set up so securely compared to other cryptocurrencies.
[39:00] Jordan speculates the reason that people use the American dollar, Richard James gives his response on "compelled currency".
[46:00] Jordan asks the group to examine the claim of arbitrary inflation in the United States and why it occurs.
[57:00] Visiting the American economic crisis of 2008.
[1:06:30] The group's opinion about Elon Musk's recent evaluation of Bitcoin's longevity.
[1:14:30] The practicality of using Bitcoin in everyday life.
[1:20:30] Exploring the potential criminal element inherent in non-regulated centralized money like Bitcoin.
[1:24:00] Thoughts on distributed sanity and revealing the truth of the world.
The show was recorded on May 23, 2021.