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The "What is Money?" Show

Social Media, Money Printing, and Psychology with Scott Melker (WiM500)

The "What is Money?" Show

Robert Breedlove

Bitcoin, Breedlove, What Is Money, Investing, Rabbit Hole, Cryptocurrency, Money, Finance, Education, Robert Breedlove, History

4.8710 Ratings

🗓️ 2 August 2024

⏱️ 76 minutes

🧾️ Download transcript

Summary

Scott Melker joins me to discuss the impact of social media and video games on society, the challenges of parenting in modern America, the political consequences of money printing, imitation and mimetic theory, the positive aspects of social media, and the power of Bitcoin in the digital age. Scott Melker is the author of the Wolf Den Newsletter and host of "The Wolf Of All Streets Podcast."

Transcript

Click on a timestamp to play from that location

0:00.0

Is it the internet that has destroyed the human attention span then?

0:03.0

I think the internet to some degree, but I would zoom in further, I think, to social media.

0:08.0

Yeah.

0:09.0

You don't have a fighting chance if you grow up with that.

0:12.0

Your brain is wired into it almost completely.

0:15.0

I would say that objectively the reality now is that the physical world has gotten safer,

0:20.0

not more dangerous as the perception would be, but the news tells has gotten safer, not more dangerous, as the

0:21.9

perception would be, but the news tells us that it's far more dangerous. Do you think the money

0:25.4

printing has contributes to this? I don't remember when I was young, people saying, if this guy

0:31.2

wins, I'm leaving the country. Right, for sure. But now, it's the first time in my life I can

0:36.2

recall where it's, one side is fundamentally

0:40.2

believes that if the other side wins, America's over, and the other side believes the exact same thing.

0:46.0

That changes people, right? And that seems to be an inherently good thing, but also painful.

0:54.0

Very painful, because you have to look at yourself in the mirror and be embarrassed by the formal versions of yourself.

1:01.5

What kind of world does that look like?

1:07.4

Welcome to the What is Money Show, a podcast about wisdom, intelligence, and meaning.

1:15.6

If this is your first time listening, I strongly recommend you go through the first nine episodes,

1:20.4

which are my series with Michael Saylor that lay much of the groundwork for the concepts we explore

1:25.3

on this show. Thousands of people have told me that this is the best podcast series they've ever heard

1:31.1

and that it was instrumental to their understanding of money and Bitcoin.

1:35.0

So if you're looking to start a deep dive into the nature of money,

1:38.4

I think the best place you can start is episode one of this show.

...

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