Allen Farrington and Sacha Meyers join me for a multi-episode conversation exploring their book "Bitcoin is Venice." In this episode, we discuss the power of prices, the difference between subjective and objective, social morality and technology, and whether Bitcoin can reduce violence. Allen Farrington and Sacha Meyers co-authored the book "Bitcoin is Venice."// GUEST // Book: https://store.bitcoinmagazine.com/collections/books/products/bitcoin-is-venice Allen’s Twitter: https://twitter.com/allenf32Sacha’s Twitter: https://twitter.com/sacha_meyers// 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.comCarnivore Bar (use discount code BREEDLOVE): https://carnivorebar.com/// OUTLINE // 00:00:00 - Coming up 00:00:40 - Intro 00:02:12 - Helping Lightning Startups with In Wolf's Clothing 00:02:59 - The Power of Prices 00:06:48 - Prices as Decentralized Social Truth 00:12:04 - Free Markets vs. Manipulation of Prices 00:16:05 - Participating in Price Discovery 00:19:19 - Compromise and Communication 00:22:52 - Run Your Business From Anywhere with NetSuite 00:23:57 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet 00:24:54 - Literal Comprehension of Economy 00:29:13 - Exchange Ratios of Writing and Pricing 00:31:41 - Price Discovery: From Subjective to Objective 00:35:53 - In-Between Subjective and Objective 00:38:54 - Distinguishing Subjective from Objective 00:41:33 - The Material Engagement Theory 00:44:55 - Human Action Relevance 00:48:42 - Idea for the Next Book 00:50:30 - Take Control of Your Healthcare with CrowdHealth 00:51:32 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet 00:52:23 - Coercion is Destructive to Price Discovery 00:55:23 - Price Distortion is the Omission of Truth 00:56:43 - Consequences of Price Distortion 01:00:05 - Paradox of Tolerance 01:03:33 - Bringing Bitcoin into the Equation 01:07:51 - Can Bitcoin Reduce Violence? 01:12:35 - How Bitcoin Changes the Incentives 01:17:01 - Social Morality and Technology 01:21:23 - Is Bitcoin a Tool or Ideology? 01:25:49 - Is Capitalism an Ideology? 01:27:22 - The Line Between Ideology and Technology 01:31:10 - Success Depends on Outcome 01:33:46 - Where to Find Allen and Sacha 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/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars 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/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22Instagram: https://www.instagram.com/breedlove_22TikTok: https://www.tiktok.com/@breedlove22All My Current Work: https://vida.page/breedlove22