Political Money vs Market Money with Jeff Deist (WiM354)

Jeff Deist joins me to discuss the weaponization of fiat money, how the market defines money, the impact of a gold-backed currency, and the shortcomings of democracy. Jeff Deist is a writer, advocate, and public speaker for markets, property, and civil society. He is the former president of the Mises Institute. He is currently the general counsel for Monetary Metals.// GUEST // Twitter: https://twitter.com/jeffdeist Website: https://monetary-metals.com/// SPONSORS // In Wolf's Clothing: https://wolfnyc.com/iCoin Hardware Wallet (use discount code BITCOIN23): https://www.icointechnology.com/ Wasabi Wallet: https://wasabiwallet.io/ Casa (use discount code BREEDLOVE): https://keys.casa/ Bitcoin Apparel (use discount code BREEDLOVE): https://thebitcoinclothingcompany.com/ Feel Free Tonics (use discount code BREEDLOVE): https://botanictonics.com Carnivore Bar (use discount code BREEDLOVE): https://carnivorebar.com/ // OUTLINE // 00:00:00 - Coming up 00:00:41 - Intro 00:02:14 - Helping Lightning Startups with In Wolf's Clothing 00:03:00 - Introducing Jeff Deist 00:03:47 - What is Money? 00:07:30 - Market Defines Money 00:11:27 - Fiat Money is Weaponized Money 00:15:05 - Bringing Back the Gold Standard 00:18:42 - The 'One' Currency 00:22:28 - Negatives and Benefits of Fiat Currency 00:26:38 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet 00:27:35 - Bitcoin as Money 00:31:20 - The Bitcoin Optimism 00:33:15 - Bitcoin Market Cap Debate 00:35:58 - The End of the US Dollar Supremacy 00:40:17 - Probable Impact of a Gold-Based Currency 00:44:49 - AML & KYC: What They Are and How They Work 00:50:44 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet 00:51:35 - Hold Bitcoin in the Most Secure Custody Model with Casa 00:52:24 - Democracy is a Threat to Free Speech 00:55:59 - Vulnerability of Democracy 00:58:49 - Protecting Property Rights 01:02:18 - Politics and Statism Impose Unchosen Hierarchies 01:07:55 - Where to Find Jeff on the Internet// PODCAST // Podcast Website: https://whatismoneypodcast.com/ Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE? RSS Feed: https://feeds.simplecast.com/MLdpYXYI// SUPPORT THIS CHANNEL // Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7 Sats via Strike: https://strike.me/breedlove22 Sats via Tippin.me: https://tippin.me/@Breedlove22 Dollars via Paypal: https://www.paypal.com/paypalme/RBreedlove// WRITTEN WORK // Medium: https://breedlove22.medium.com/ Substack: https://breedlove22.substack.com/// SOCIAL // Breedlove Twitter: https://twitter.com/Breedlove22 WiM? Twitter: https://twitter.com/WhatisMoneyShow LinkedIn: https://www.linkedin.com/in/breedlove22Instagram: https://www.instagram.com/breedlove_22 TikTok: https://www.tiktok.com/@breedlove22 All My Current Work: https://vida.page/breedlove22