The Hidden Cost of Money w/ Seb Bunney (BTC160)

แชร์
ฝัง
  • เผยแพร่เมื่อ 20 พ.ค. 2024
  • In a deep dive with Seb Bunney, author of "The Hidden Cost of Money," we explore the intricate impact of monetary systems on society. From historical interventions shaping finance to money's influence on mental health and politics, Bunney challenges mainstream views on capitalism and regulation, revealing how money shapes our world. Tune in for a thought-provoking journey through economic realities.
    IN THIS EPISODE, YOU’LL LEARN:
    - Discover how historical interventions have drastically shaped our current financial system.
    - Learn about the hidden costs of monetary intervention, including its impact on purchasing power.
    - Understand the 'Four Stages of Economic Ruin' and see real-world examples of each stage.
    - Explore how our monetary system influences individual and collective behavior and the concept of monetary sovereignty.
    - Gain insight into the connection between economic instability and mental health and how a stable monetary system can improve mental health outcomes.
    - Uncover the societal consequences of monetary choices, focusing on inequality and social cohesion.
    - Learn about the extent of the monetary system's influence on government policy and political behavior and the ways to address money's corruption in politics.
    🥇 Earn a yield on gold, paid in gold with Monetary Metals. monetary-metals.com/growmygold
    💰Click here to download your FREE guide to Stop Worrying About Your Finances In 4 Simple Steps: www.theinvestorspodcast.com/s...
    ▶️ RELATED EPISODES:
    - Broken Money w/ Lyn Alden: • Broken Money w/ Lyn Al...
    - Personal AI Models and Bitcoin w/ Jeff Booth: • Personal AI Models and...
    - How the IMF and World Bank Sell Exploitation As Development w/ Alex Gladstein: • How the IMF and World ...
    - Michael Saylor's Deep-Dive on Bitcoin Energy Misconceptions: • Michael Saylor's Deep-...
    🎧 Listen to our episodes here: link.chtbl.com/TIP-BTC
    🖊️ Access the transcript and learn more about the guest here: www.theinvestorspodcast.com/b...
    📖 BOOKS MENTIONED:
    - The Hidden Cost of Money by Seb Bunney: amzn.to/3RP0SJb
    - The Price of Tomorrow by Jeff Booth: amzn.to/48clekP
    - Broken Money by Lyn Alden: amzn.to/3OZQv2r
    Disclosure: Some of the links above are affiliate links that we may earn commission from. This helps keep our show going! 😀
    💡 OTHER RESOURCES
    Seeking Alpha is a crowd-sourced content service for financial markets. Take control of your financial future - Use our link here for a 14-day free trial: www.sahg6dtr.com/59QC8Z/R74QP/
    ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤
    ABOUT OUR SHOW 🎙
    On Bitcoin Fundamentals, Preston Pysh talks about the fundamentals of bitcoin, investing in bitcoin, news, deep dives and more on interviews with prominent people in blockchain technology.
    🌍 Website: www.theinvestorspodcast.com/b...
    📝 Help us understand our audience better so we can create a more intentional user experience by answering this survey! www.theinvestorspodcast.com/s...
    ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤
    📚OUR FREE INVESTING COURSES/RESOURCES www.theinvestorspodcast.com/t...
    📊TRY OUR STOCK INVESTING TOOL: TIP FINANCE www.theinvestorspodcast.com/t...
    ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤
    ❗ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting.

ความคิดเห็น • 103

  • @PrestonPysh
    @PrestonPysh  5 หลายเดือนก่อน +3

    📌 Check out this video next: th-cam.com/video/iXIiS_k-Gic/w-d-xo.html
    ⚠ IMPORTANT: Please beware of cyber scams and phishing attacks. We will never ask for your contact info in the comments section. Kindly report suspicious accounts you see below. Thank you!

  • @ryanpike6338
    @ryanpike6338 5 หลายเดือนก่อน +32

    This single podcast episode, fully absorbed, is more valuable than 90% of university degrees.

  • @danielwalker1340
    @danielwalker1340 5 หลายเดือนก่อน +35

    I qualified as an Economist in the mid 1990s and then spent the next 20 years between Banking in Sydney then as a Private Equity Fund Manager in London and Europe afterwhich I left the City for a complete change of life at age 40. I can say hands down that this was the best explanation of current economics, the monetary system and our overall societal situation I have yet heard and the fact that it is presented in a way that is understandable to almost all makes it even more valuable. I have been looking for something I can give my 14yo son to listen to (or read) which is a nice overview as he is just starting to get interested in business and investments. This interview may be just the thing. 🙏

  • @adiintel1
    @adiintel1 5 หลายเดือนก่อน +14

    Brilliant podcast tonight Preston. this is what the masses need to hear.

  • @CaldwellChamp
    @CaldwellChamp 5 หลายเดือนก่อน +19

    Phenomenal interview. This will the episode I send my friends who are beginners to economics.

  • @UIM_Loki
    @UIM_Loki 4 หลายเดือนก่อน +3

    holy... this conversation was amazing. never heard of Seb Bunney before, but he needs to be elevated in the bitcoin space for sure. 10/10

  • @keithoftheshire2805
    @keithoftheshire2805 5 หลายเดือนก่อน +9

    Excellent....thanks Seb, thanks Preston and thanks to BTC 😊

  • @Acd1217
    @Acd1217 5 หลายเดือนก่อน +9

    Fantastic interview ❤️❤️❤️

  • @Awesomes453
    @Awesomes453 4 หลายเดือนก่อน +1

    Best one I have heard so far … thank you 🙏

  • @myaiumba
    @myaiumba 5 หลายเดือนก่อน +2

    Bought the book yesterday. If the book is anything like this interview, then it doesn’t cost enough. Mind blown. Amazing.

  • @torutomaktu
    @torutomaktu 4 หลายเดือนก่อน

    Seb has a profound depth in his thinking

  • @lastnamefirstname2390
    @lastnamefirstname2390 5 หลายเดือนก่อน +4

    This is a good video building on what Jeff Booth said. The only thing I'll say is socialism is not the government doing stuff or intervening. No one knows what that word means apparently.

  • @bitcoinpoemspro1406
    @bitcoinpoemspro1406 5 หลายเดือนก่อน +4

    Amazing interview. I’m still working my way through Lyn’s book.

  • @matejsvec4451
    @matejsvec4451 4 หลายเดือนก่อน

    Main point: money is the driving incentive for social & economical behaviour. Brilliant! Great to have deep thinkers such as Seb on the show.

  • @GentleBen187
    @GentleBen187 5 หลายเดือนก่อน +2

    One of your best interviews / guests!

  • @joewollhower
    @joewollhower 5 หลายเดือนก่อน +4

    This might help my very poor orange-pilling skills.

  • @cryptoshrimp2075
    @cryptoshrimp2075 5 หลายเดือนก่อน +5

    An insightful and thought provoking conversation/discussion - thank you

  • @1Oldgreenbus
    @1Oldgreenbus 5 หลายเดือนก่อน +2

    Triple Genius Seb, Bravo! Thanks Preston

  • @the_giveback_realtor
    @the_giveback_realtor 5 หลายเดือนก่อน +1

    This book needs be an audiobook.

  • @benmorrison9196
    @benmorrison9196 3 หลายเดือนก่อน

    After hearing this it makes sense that planned obsolescence is the logical outcome for a society that measures growth through a lens of consumption.

  • @clayfinck431
    @clayfinck431 5 หลายเดือนก่อน +3

    Just ordered the book. Thanks Seb & Preston!

  • @MrProtour
    @MrProtour 5 หลายเดือนก่อน +3

    Really rad interview. While I love the typical ecosystem and macro discussions this seemed to speak to me on a deeper level. Thanks for highlighting Seb’s work

  • @user-ey4od6jp9n
    @user-ey4od6jp9n 5 หลายเดือนก่อน +1

    This discussion was Fantastic. Author is wise beyond his years.

  • @jonsmith6605
    @jonsmith6605 5 หลายเดือนก่อน +2

    Brill.. he put it all together...

  • @Luke-cj7gz
    @Luke-cj7gz 5 หลายเดือนก่อน +3

    Environmental destruction! Yes. Glad this was mentioned

  • @theresawaveyme4482
    @theresawaveyme4482 5 หลายเดือนก่อน +2

    Phenomenal talk today. Thanks so much. Seb and Preston are such good humans!!! Thanks T

  • @brad6105
    @brad6105 4 หลายเดือนก่อน

    Preston Pysh and Seb Bunney are epic thought leaders in the Bitcoin space.

  • @westra4
    @westra4 5 หลายเดือนก่อน +2

    Very good

  • @ZedGames
    @ZedGames 5 หลายเดือนก่อน +3

    I really think I'm starting to understand bitcoin... It's a never ending learning curve, the more you learn the higher percentage of your portfolio is in bitcoin. You are done learning when you hit 100% lol.....

  • @aniniels-hw5iv
    @aniniels-hw5iv 5 หลายเดือนก่อน +15

    Regardless of how bad it gets on the economy, I still make over $15,000 every single week. Thanks to Fergus Waylen for keepin me financially Educated!

    • @domenez
      @domenez 5 หลายเดือนก่อน

      The financial market is highly profitable with an expert broker just like Fergus waylen. I got recommended to him and since then my financial life has been a success.

    • @FranklyHunt
      @FranklyHunt 5 หลายเดือนก่อน

      It's truly great to see the name Fergus Waylen mentioned here. I have immensely earned working with him and I'm truly happy with my decision to work with him because he has proven to be the most reliable Financial consultant to work with

    • @charles2395
      @charles2395 5 หลายเดือนก่อน

      A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far.

    • @nissan38p69
      @nissan38p69 5 หลายเดือนก่อน

      I also follow the guidelines of Mr Fergus, invested $88,000 in Bitcoin, making 15%- 20% every week. unlike I can say for my IRA which has just been trudging along

    • @Ricgibs
      @Ricgibs 5 หลายเดือนก่อน

      he has a strong reputation and good insight when it comes to profiting from economic fluctuations. I trust Fergus Waylen completely.

  • @michaelsilva2648
    @michaelsilva2648 5 หลายเดือนก่อน +1

    Well said. Thanks

  • @scepisle4970
    @scepisle4970 5 หลายเดือนก่อน

    Excellent interview thx..❤

  • @pauledon4972
    @pauledon4972 5 หลายเดือนก่อน +1

    The most valuable interview I’ve seen over the past few years. I’m going to purchase multiple copies of this book to send to my family, friends and colleagues for Xmas.
    Thank you!

  • @jingmu1289
    @jingmu1289 5 หลายเดือนก่อน

    This is such a brilliant discussion! I am always amazed by how many different areas bitcoin can be applied to or provide inner connection with. Seb's research truly brings this to the next level. I am also a practitioner of buddhism and holistic healing (Chinese medicine). The inner connection Seb talked about between bitcoin and many societal and even health or spiritual problems really struck me. I agree that Seb and Lynn are both amazing. I have Lynn's book and can't wait to read Seb's! Thanks for the great episode! I am also grateful that bitcoin bring a group of people that are first principle oriented and very truth seeking together!

  • @mikestaub
    @mikestaub 5 หลายเดือนก่อน

    Great interview!

  • @zpatrik
    @zpatrik 5 หลายเดือนก่อน +1

    Superb 👏

  • @Ryan-jn4wu
    @Ryan-jn4wu 5 หลายเดือนก่อน

    Outstanding interview! Rich with thoughtful content, explained clearly 👏🏼 🌟

  • @fjohnson9749
    @fjohnson9749 5 หลายเดือนก่อน

    Question, back in the day, pieces of eight were made from a piece of one. Other systems debased currencies by changing the metals in the coins. Why then could BC not be debased on the negative side of the xy chart vs the positive side we are seeing with fiat today? Is not the result the same? As in the past when creating more currency took much labor and time so just cut a coin into 8 pieces?

  • @AC-vp4ss
    @AC-vp4ss 5 หลายเดือนก่อน +1

    Great interview. Great perspectives as well. Thank you both!

  • @EFV2000
    @EFV2000 4 หลายเดือนก่อน

    great guest

  • @nopemerry7410
    @nopemerry7410 5 หลายเดือนก่อน +1

    Another brilliant interview Seb is a very smart man!

  • @ILostThemInABoatingAccident
    @ILostThemInABoatingAccident 5 หลายเดือนก่อน

    Brilliant insights from Seb Bunney! Phenomenal show Preston.

  • @danielwalker1340
    @danielwalker1340 5 หลายเดือนก่อน

    Just looking through the notes but cant find any links to Seb's twitter or other work.

  • @notachance8183
    @notachance8183 5 หลายเดือนก่อน +1

    Brilliant 👏 buying this book!

  • @kyle9296
    @kyle9296 5 หลายเดือนก่อน +1

    Great episode. Will there be an audiobook?

  • @rebranch74
    @rebranch74 5 หลายเดือนก่อน

    From 55 :10 very interesting, thank you.

  • @nilskp
    @nilskp 5 หลายเดือนก่อน

    I can't find an EPUB version.

  • @myaiumba
    @myaiumba 4 หลายเดือนก่อน

    Absolutely love this episode. My third time watching.

  • @libertypills5580
    @libertypills5580 5 หลายเดือนก่อน

    Great conversation. Great ideas! I just need to mention that a lot of what was discussed I've learned from Stefan Molyneux one the past 15 years. Would love to hear a conversation between Molyneux and Preston!

  • @SuperLkelley
    @SuperLkelley 5 หลายเดือนก่อน +1

    Superb

  • @anaekwekv9245
    @anaekwekv9245 5 หลายเดือนก่อน +1

    Outstanding

  • @dcntralizedmind2754
    @dcntralizedmind2754 5 หลายเดือนก่อน

    One of many things Ive learned from Jeff Booth is that all prices falling in relation to Bitcoin is happening NOW. We should stop talking about it as some future potential event. We live in that world now

  • @CC-md5jp
    @CC-md5jp 5 หลายเดือนก่อน

    Algorithm 💪🏻

  • @meyroakabigrem1679
    @meyroakabigrem1679 5 หลายเดือนก่อน

    Money is devaluing to infinity. Data storage demand is growing to infinity. Bitcoin for decentralised money. Filecoin for decentralised data storage. Both hugely important for humanity. And both very much certain to succeed in their respective areas

    • @SAL-fs1mr
      @SAL-fs1mr 5 หลายเดือนก่อน

      No no no, don't bring up your centralized pump and dump altcoin into this. It's bitcoin. and only Bitcoin.

    • @meyroakabigrem1679
      @meyroakabigrem1679 5 หลายเดือนก่อน +1

      @@SAL-fs1mr I think you are confusing concepts here. There is no "alt" to Bitcoin. There is no second best global decentralized store of value. And we are all very right to keep shitcoinery separate from Bitcoin. Filecoin is arguably a centralized business, (and quite possibly also an unregistered security) but it decentralizes data storage (again, 2 separate concepts). And decentralized data storage is a very important concept. Also very important synergy with Bitcoin for obvious reasons, and one which Bitcoiners should be supportive of from both an economic and philosophical perspective. Bitcoiners can also own other assets such as property, stocks, and have VC stakes in startups Hope that makes sense!

  • @Hobozakki
    @Hobozakki 5 หลายเดือนก่อน

    All prices fall against bitcoin…
    If you cant afford anything today just buy some bitcoin and one day ur bitcoin will be able to buy it…
    Save in bitcoin and you can buy a house way sooner than if u saved in fiat…
    A house today might cost you $500,000 or 12 bitcoin but that same house might cost you 1 bitcoin in 5-10-15 years… maybe even less than one bitcoin…. 🤷🏼‍♂️
    Bitcoin is real money its the money people always needed!!
    Stack sats, save in bitcoin and you will be much more wealthier in the future than you are saving in fiat dollers!! ❤

  • @slawhdawg3131
    @slawhdawg3131 5 หลายเดือนก่อน +1

    Love the segment on environmental destruction and how a consumer based economy. I’ve been thinking this way and trying to explain it to my environmental friends that think BTC is destroying the world lol

  • @Buddhist_Gnome
    @Buddhist_Gnome 5 หลายเดือนก่อน +1

    We COULD tax the rich and corporations.

  • @eugene9446
    @eugene9446 4 หลายเดือนก่อน

    🎯🗝️💥💯

  • @Scorch428
    @Scorch428 5 หลายเดือนก่อน

    The healthcare system is ballooning because the boomers are getting older and they werent taught how to live a healthy lifestyle when they were younger.
    Its also because the only thing poor people can afford to eat is 85 cent microwavable pizzas from WalMart.
    Im 40 years old, been working since the day I turned 16, and I cant even afford a house. My paychecks all to to necessary bills. Ive tried looking where I can cut back, and I just cant - Im simply not making enough. If I was able to save even a tiny bit each check, Id be fine, but lower level workers just cant.

  • @matejsvec4451
    @matejsvec4451 4 หลายเดือนก่อน

    Btw your dad buying your brother a scooter need a lesson in monetary policy :D

  • @user-ol7tl1vf5m
    @user-ol7tl1vf5m 5 หลายเดือนก่อน

    Imagine Preston paying taxes for every video he exchanges information with us. He enriches us like someone exchanging an asset for fiat currency, both an exchange of information.

  • @21Guitars_
    @21Guitars_ 5 หลายเดือนก่อน

    What a strange conversation this was. The dude is just trying to fire off his talking points

  • @BUY_YOUTUBE_VIEWS_c034
    @BUY_YOUTUBE_VIEWS_c034 5 หลายเดือนก่อน

    Who else is here from IG? 😄