The Nature of Capital and Capitalism | Bitcoin is Venice Series | Episode 1 (WiM381)

Allen Farrington and Sacha Meyers join me for a multi-episode conversation exploring their book "Bitcoin is Venice". In this episode, we discuss what MMA and Bitcoin have in common, what is capital and capitalism, and why Bitcoin is a leveler of the playing field.

Allen Farrington and Sacha Meyers co-authored the book "Bitcoin is Venice".

// GUEST //
Book: https://store.bitcoinmagazine.com/collections/books/products/bitcoin-is-venice
Allen’s Twitter: https://twitter.com/allenf32
Sacha’s Twitter: https://twitter.com/sacha_meyers

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// OUTLINE //
00:00:00 - Coming up
00:00:24 - Intro
00:01:57 - Helping Lightning Startups with In Wolf's Clothing
00:02:43 - Introducing Allen Farrington and Sacha Meyers
00:04:02 - Origin Story of Bitcoin Is Venice
00:09:34 - What is Capital?
00:15:00 - Capital Construction with Human Time
00:20:10 - Run Your Business From Anywhere with NetSuite
00:21:15 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet
00:22:11 - Money: Most Liquid Form of Capital
00:26:25 - Optimizing Capital Stocks
00:30:23 - Understanding the Financial System
00:31:51 - What is Capitalism?
00:37:07 - The Best System for Capital Accumulation
00:40:23 - Religious Predisposition and Capital Accumulation
00:45:09 - Classical Liberal Attitude
00:46:22 - Take Control of Your Healthcare with CrowdHealth
00:47:24 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet
00:48:15 - Bitcoin and the Mixed Martial Arts
00:54:28 - Learning Bitcoin in a More Accessible Way
01:00:34 - Comparing MMA to Bitcoin
01:04:33 - Intellectual Dishonesty and Arrogance of Fiat
01:06:38 - Why Bitcoin is a Leveler of the Playing Field

// PODCAST //
Podcast Website: https://whatismoneypodcast.com/
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