Dec. 5, 2024 - Freedomain Radio - Stefan Molyneux
03:51
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| Time | Text |
|---|---|
| But Bitcoin is those who follow the most empathetic, humane, moral, and sensitive economic system, which is Austrian economics, saw this 10 light years off. | |
| Saw this potential 10 light years off. | |
| And staked their claims on the moral universe of anti-theft and anti-exploitation called the blockchain. | |
| I mean, the blockchain really is the cemetery of sociopathy. | |
| The blockchain is where you can keep your property against all theft, personal and institutional. | |
| So finally, for the first time in human history, The sensitive, the moral, the intelligent, the wise, the caring, have been able to stake their claim on the most permanent and uncorruptible swath of human capital that will ever exist. | |
| Ever. | |
| Ever exist. | |
| And we'll see what happens when brilliant, nice people finally have control of significant proportions of the human economy and human capital. | |
| And I suspect it will be a golden age, the likes of which we cannot even conceive of yet. | |
| Although I gave it a good shot when I wrote my novel, The Future, which you should check out. | |
| All right. | |
| It's already getting dangerous, even for the rich, like that CEO from UnitedHealthcare. | |
| Yeah, I mean, well, people have voted to let criminals out, and Freedomain.com slash donate, by the way, if you find what I'm saying to be of utility and to be of value, and if I have said things of utility and value in the past, freedomain.com slash donate, and yes, I do take Bitcoin. | |
| But only five at a time, obviously. | |
| Just kidding. | |
| All right. | |
| I've been listening to a number of older podcasts with the search Austrian today. | |
| Oh, yeah, my Austrian. | |
| Yeah, those with the necessary reading to get the PhD lesson. | |
| Good. | |
| Oh, this is Keane's... | |
| Nevertheless, the theory of output as a whole, which is what the following book purports to provide, is much more easily adapted to the conditions of a totalitarian state than is the theory of the production and distribution of a given output produced under the conditions of free competition and large matter of laissez-faire. | |
| The theory of the psychological laws relating consumption and saving, the influence of loan expenditure on prices and real wages, the part played by the rate of interest, those remain as necessary ingredients in our scheme of thought. | |
| Yes, Keynesianism requires totalitarianism, yeah, for sure. | |
| Freedom is possible on Earth, even if we don't make it to Mars. | |
| Anytime soon, Bitcoin allows this. | |
| Yes, that's right. | |
| That was an amazing spontaneous speech. | |
| I donated before, but I'll have to donate again. | |
| You donated before the stream. | |
| Well, thank you, Matt. | |
| I really do appreciate that. |
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