I Studied Money for 3000 hours, Now I’m ALL IN Bitcoin | Michael Goldstein

3 months ago
258

Michael Goldstein and Marty Bent explore the deeper philosophy behind Bitcoin hodling in this comprehensive discussion on Austrian economics, capital accumulation, and time preference. They examine how hodling serves both individual and societal good, going beyond simple wealth accumulation to address civilization's fundamental economic structures. The conversation covers leisure as contemplation, magnificence as virtue, and how Bitcoin enables true savings in a fiat-distorted economy. Topics include capital goods, investment strategies, architectural quality, traditional building methods, and the role of the Nakamoto Institute in Bitcoin education. This episode challenges hodlers to think beyond number-go-up mentality toward building lasting institutions and cultural works that benefit future generations.

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00:00 - Intro
00:50 - Michael’s BBB presentation Hodl for Good
07:27 - Austrian principles on capital
15:40 - Fiat distorts the economic process
23:34 - Bitkey
24:29 - Hodl for Good triple entendre
29:52 - Bitcoin benefits everyone
39:05 - Unchained
40:14 - Leisure theory of value
52:15 - Heightening life
1:15:48 - Breaking from the chase makes room for magnificence
1:32:32 - Nakamoto Institute’s mission

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