Sign in to confirm you’re not a bot
This helps protect our community. Learn more

Bitcoin and US Geopolitical Strategy | The Jason Lowery Series | Episode 5 (WiM149)

Robert Breedlove
207K subscribers
18K views 3 years ago The "What is Money?" Show
Jason Lowery from the US Space Force joins me for a multi-episode series exploring the first principles of physics, the ubiquity of organic power projection, and how Bitcoin changes the game. Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/ GUEST Jason's Twitter:   / jasonplowery   PODCAST Podcast Website: https://whatismoneypodcast.com/ Apple Podcast: https://podcasts.apple.com/us/podcast... Spotify: https://open.spotify.com/show/25LPvm8... RSS Feed: https://feeds.simplecast.com/MLdpYXYI Transcript: OUTLINE 00:00:00 “What is Money?” Intro 00:00:08 “Operational Effectiveness” vs. “Competitive Strategy” of Bitcoin Mining 00:04:42 Competitive Strategy is Detected by What the Opponent is Not Doing 00:08:59 The Point of Defense is to Increase the Energy Footprint of the Network 00:11:34 Proof-of-Stake vs. Proof-of-Work 00:16:11 In the Event of a 51% Attack on the Bitcoin Network… 00:20:45 The Glaring …...more
...more
Minimalist Glossy Mug Black Mug
$33.00
Spring
The WiM Minimalist Glossy Mug is a sleek addition to your daily routine. Featuring a clean design and the iconic "What Is Money" logo, it’s perfect for your morning coffee or afternoon tea. Durable, glossy ceramic construction for timeless style and functionality.
Shop
Spring
Signature Pullover Hoodie Classic Pullover Hoodie
$52.62
Spring
The WiM Signature Pullover Hoodie combines comfort and meaning. With a soft, durable design and the "What Is Money" logo, it’s perfect for cool days or casual moments. A classic fit with a front pocket and drawstring hood, designed for everyday wear.
Shop
Spring
Signature Pullover Hoodie Unisex Classic Pullover Hoodie
$72.00
Spring
The WiM Signature Pullover Hoodie combines comfort and meaning. With a soft, durable design and the "What Is Money" logo, it’s perfect for cool days or casual moments. A classic fit with a front pocket and drawstring hood, designed for everyday wear. Custom designed graphic is printed in vivid color and high resolution using state of the art color transfer technology. Hoodies & Sweatshirts are made from super soft 50% cotton, 50% polyester. Printed in the USA. Guaranteed to last through hundreds of washes.
Shop
Spring
Everyday Crew Neck T-Shirt Classic Crew Neck T-Shirt
$42.00
Spring
The WiM Everyday Crewneck T-Shirt is the perfect blend of comfort and simplicity. Made from soft, durable fabric with a classic fit, it’s ideal for daily wear. Featuring the iconic "What Is Money" design, it’s a timeless staple for those who value freedom and clarity. Custom designed graphic is printed in vivid color and high resolution using state of the art color transfer technology. Shirts are made from super soft 100% combed ringspun cotton. Printed in the USA.
Shop
Spring
Signature Pullover Hoodie Unisex Classic Pullover Hoodie
$74.00
Spring
The WiM Signature Pullover Hoodie combines comfort and meaning. With a soft, durable design and the "What Is Money" logo, it’s perfect for cool days or casual moments. A classic fit with a front pocket and drawstring hood, designed for everyday wear. Custom designed graphic is printed in vivid color and high resolution using state of the art color transfer technology. Hoodies & Sweatshirts are made from super soft 50% cotton, 50% polyester. Printed in the USA. Guaranteed to last through hundreds of washes.
Shop
Spring
Enjoy Bitcoin Mug Mug
$33.00
Spring
The Enjoy Bitcoin Mug combines timeless design with everyday functionality. Featuring the iconic logo, this glossy ceramic mug is perfect for your morning coffee or tea. Durable and stylish, it’s a great way to start your day with purpose. Hand-wash only.
Shop
Spring

“What is Money?” Intro

0:00

“Operational Effectiveness” vs. “Competitive Strategy” of Bitcoin Mining

0:08

Competitive Strategy is Detected by What the Opponent is *Not Doing

4:42

The Point of Defense is to Increase the Energy Footprint of the Network

8:59

Proof-of-Stake vs. Proof-of-Work

11:34

In the Event of a 51% Attack on the Bitcoin Network…

16:11

The Glaringly Obvious Problems with Proof-of-Stake…

20:45

Bitcoin is a System that Turns Anyone’s Self-Interest into Everyone’s Self-Interest

26:35

Good Engineering Involves Discovering and Respecting the Constraints of Nature

31:28

How to Engineer a Good Monetary System

35:56

The Inevitable Engineering Failure of Any Mass-Based Money

39:55

“Nature, to be Commanded, Must be Obeyed”

44:09

NYDIG

45:33

Before Bitcoin, We Could Not Engineer a Money in Harmony with Human Nature

46:41

Properly Framing the Security Properties of an Engineered System

49:40

The Epistemological Model of Security Failures (What Gets Measured, Gets Done)

53:59

Factoring in the Ethical, Moral, and Design Considerations of Engineered Systems

58:55

The Strategic Significance of Bitcoin

1:02:23

Bitcoin as a New Schelling Point in the Infinite Game of Power Projection

1:06:26

The Immense Sacrifices Inherent to Establishing Control Structures over Property

1:09:44

Bitcoin as Leading Contributor to the Future of Property Defense

1:13:26

Adopt New Military Schelling Points Voluntarily, Otherwise They Will be Imposed

1:16:39

The Dangers of Ignoring Disruptive Technology: Why the USG Should Buy Bitcoin

1:18:10

Bitcoin as a Permanent Feature of the Competitive Terrain of the 21st Century

1:23:00
Bitcoin and US Geopolitical Strategy | The Jason Lowery Series | Episode 5 (WiM149)
746Likes
18,966Views
2022Mar 2
Jason Lowery from the US Space Force joins me for a multi-episode series exploring the first principles of physics, the ubiquity of organic power projection, and how Bitcoin changes the game. Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/ GUEST Jason's Twitter:   / jasonplowery   PODCAST Podcast Website: https://whatismoneypodcast.com/ Apple Podcast: https://podcasts.apple.com/us/podcast... Spotify: https://open.spotify.com/show/25LPvm8... RSS Feed: https://feeds.simplecast.com/MLdpYXYI Transcript: OUTLINE 00:00:00 “What is Money?” Intro 00:00:08 “Operational Effectiveness” vs. “Competitive Strategy” of Bitcoin Mining 00:04:42 Competitive Strategy is Detected by What the Opponent is Not Doing 00:08:59 The Point of Defense is to Increase the Energy Footprint of the Network 00:11:34 Proof-of-Stake vs. Proof-of-Work 00:16:11 In the Event of a 51% Attack on the Bitcoin Network… 00:20:45 The Glaringly Obvious Problems with Proof-of-Stake… 00:26:35 Bitcoin is a System that Turns Anyone’s Self-Interest into Everyone’s Self-Interest 00:31:28 Good Engineering Involves Discovering and Respecting the Constraints of Nature 00:35:56 How to Engineer a Good Monetary System 00:39:55 The Inevitable Engineering Failure of Any Mass-Based Money 00:44:09 “Nature, to be Commanded, Must be Obeyed” 00:45:33 NYDIG 00:46:41 Before Bitcoin, We Could Not Engineer a Money in Harmony with Human Nature 00:49:40 Properly Framing the Security Properties of an Engineered System 00:53:59 The Epistemological Model of Security Failures (What Gets Measured, Gets Done) 00:58:55 Factoring in the Ethical, Moral, and Design Considerations of Engineered Systems 01:02:23 The Strategic Significance of Bitcoin 01:06:26 Bitcoin as a New Schelling Point in the Infinite Game of Power Projection 01:09:44 The Immense Sacrifices Inherent to Establishing Control Structures over Property 01:13:26 Bitcoin as Leading Contributor to the Future of Property Defense 01:16:39 Adopt New Military Schelling Points Voluntarily, Otherwise They Will be Imposed 01:18:10 The Dangers of Ignoring Disruptive Technology: Why the USG Should Buy Bitcoin 01:23:00 Bitcoin as a Permanent Feature of the Competitive Terrain of the 21st Century SOCIAL Breedlove Twitter:   / breedlove22   WiM? Twitter:   / whatismoneyshow   LinkedIn:   / breedlove22   Instagram:   / breedlove_22   TikTok: https://www.tiktok.com/@breedlove22?l... All My Current Work: https://linktr.ee/breedlove22​ WRITTEN WORK Medium:   / breedlove22   Substack: https://breedlove22.substack.com/ WAYS TO CONTRIBUTE 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/RBree... Dollars via Venmo: https://venmo.com/code?user_id=178435... The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=328431... RECOMMENDED BUSINESSES Worldclass Bitcoin Financial Services: https://nydig.com/ Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinco... Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/ Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/ Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedl...
600 episodes
The "What is Money?" Show
Robert Breedlove

Follow along using the transcript.

Robert Breedlove

207K subscribers