Willy Woo joins me to discuss the nature of money, Bitcoin's utilization of new and cheap energy sources, how derivatives and futures markets affect Bitcoin’s price, and the macroeconomics of Bitcoin. Willy Woo is an analyst, entrepreneur, and investor. He is a Partner at Crest and SyzCrest FoF. // GUEST // Twitter: https://twitter.com/woonomic/ Website: https://www.crest.fund/// SPONSORS // In Wolf's Clothing: https://wolfnyc.com/NetSuite: https://netsuite.com/whatismoneyiCoin Hardware Wallet (use discount code BITCOIN23): https://www.icointechnology.com/ CrowdHealth: https://www.joincrowdhealth.com/breedloveWasabi Wallet: https://wasabiwallet.io/ 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 - Coming up 00:15 - Intro 01:48 - Helping Lightning Startups with In Wolf's Clothing 02:34 - Introducing Willy Woo 03:24 - Money: A Ledger of Ownership 04:31 - Social Consensus, Matter, and Energy 08:04 - Controlling the Fiat Ledger 10:19 - Money as a Social Construct 12:03 - Bitcoin: A Physical & Digital Asset 13:46 - Need for Competing Currency 16:45 - Bitcoin's Utilization of New and Cheap Energy Sources 20:05 - Run Your Business From Anywhere with NetSuite 21:10 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet 22:08 - Impact of Derivatives Market 27:28 - How the Futures Market Affects the Bitcoin Price 29:57 - History and Significance of ETFs 33:58 - Weakness of Bitcoin 37:29 - Effect of Futures Market on Volatility 39:36 - Price Discovery for Bitcoin 41:46 - Take Control of Your Healthcare with CrowdHealth 42:48 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet 43:39 - Macroeconomics of Bitcoin 46:41 - Global Liquidity Cycle & Upcoming Halving 49:23 - Sharpe Ratio 51:15 - Short Squeeze of the Century 52:50 - Where to Find Willy 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