One Way Ratchet

10 Thing You Need To Know About Bitcoin #10: Fix The Money, Fix The World | 029

Bitcoin is better money for a much better world.

Trent and Dan wrap up the 10 part series with a hopeful outlook for the world.

Episode #10: Fix The Money, Fix The World

Hey we made it to #10!
What have we learned from doing pods. Gratitude for friendship and actually doing them
Pods are their own one way ratchets. Just want to do more of them
Bitcoin is endlessly interesting
Summation of the 10 part journey: in the end you get to the overwhelming conclusion that in the fiat system the money is broken and causes so many of the worlds problems.
To fix those problems you need to fix the money
- This is our one and only chance to separate money from the hands of government
Fiat world leads to a “deminishing portfolio of enthusiasms”
In the fiat world you have to earn your money twice. With Bitcoin, your money just gets more and more valuable over time, not less. Gives people time back, time to spend with their families and think long term and build things of lasting value
Discussion of Charlie Munger’s death and his thoughts on Bitcoin. Show me the incentives and I’ll show you the outcome
In the end, Bitcoin is hope
- A better money for a better world
Today’s song: Movin’ On Up by Primal Scream
- The live version absolutely slaps