4.8 • 710 Ratings
🗓️ 17 February 2023
⏱️ 77 minutes
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0:00.0 | If you look at a country as being a hotel, what makes a good hotel? |
0:05.5 | Like, why would you pick one hotel over another hotel, Robert? |
0:09.5 | Typically amenities, location, reputation, um, restaurants, things like that. |
0:18.0 | Maybe safety too, right? |
0:20.0 | Yeah, safety. Yeah, I guess that was almost presupposed, |
0:22.6 | but yes. It is presupposed, but we often forget that. Like, you should treat any country as if |
0:29.4 | it were a hotel. You want people to come and stay there. You want those nice amenities. You want the |
0:34.0 | good restaurants. You want the scenery, you want the safety. |
0:38.3 | But if you look at what's happening in the world today, that's not what's happening for a lot of countries. |
0:43.3 | They're not focused on those things. |
0:45.3 | They're focused on trying to protect what they have by enforcing more controls and more rules and more restrictions on money, inflow. And that's not going to work, |
0:58.1 | just like it wouldn't work with a hotel. And I think there are wide reaching implications when you |
1:05.5 | start to go down this theory, because would you want to stay at a hotel where you have to pay half of your earnings to the |
1:12.8 | hotel while you're staying there in addition to the fees for staying at the hotel? |
1:17.2 | Probably not, right? |
1:18.1 | Definitely not. |
1:18.8 | Doesn't make any sense at all. |
1:30.9 | Hey, everybody. Welcome to The What Is Money Show. |
1:36.5 | I am thrilled to have you here joining me on my mission to help shine light on the corruption of money. |
1:49.0 | Now, if this is your first time listening to The What Is Money Show, I strongly recommend that you go back to episodes one through nine first, which lays a lot of the groundwork for many of the concepts that we explore on the show. These first nine episodes are my series with Michael Saylor, and thousands of people have told me that this is the best podcast series they've ever heard, hands down, and that it was instrumental to their understanding of |
2:02.0 | money and Bitcoin. So if you're looking to start a deep dive into the nature of money, |
2:08.1 | I don't think there's any place better that you can start other than episode one of this show. |
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