BTC147: Fiat Ruins Everything w/ Bitcoin Developer Jimmy Song (Bitcoin Podcast)

<p>Bitcoin core developer and author Jimmy Song recently published a new book titled Fiat Ruins Everything. In this episode, Preston Pysh and Jimmy highlight some interesting perspectives on how the money is not only changing the way businesses conduct themselves, but also how it’s impacting family values, culture, and relationships.</p><p><br></p><p><strong>IN THIS EPISODE, YOU’LL LEARN:</strong></p><p>00:00 - Intro</p><p>02:59 - Why Jimmy doesn't need NFTs.</p><p>07:55 - How Alt-coins use Bitcoin to rent-seek.</p><p>12:04 - How fiat undermines work.</p><p>15:24 - How fiat ruins incentives for the individual.</p><p>46:39 - How fiat ruins incentives for the organization.</p><p>46:39 - How fiat has created the crazy VC environment.</p><p>57:14 - What is the Frankfurt School Conundrum?</p><p>01:01:52 - How fiat is impacting family values.</p><p>01:01:52 - How fiat is changing culture.</p><p><br></p><p><em>Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.</em></p><p><br></p><p><strong>BOOKS AND RESOURCES</strong></p><ul><li>Jimmy Song's new book,<strong> </strong><a href="https://amzn.to/3PBBzsA" rel="noopener noreferrer" target="_blank"><strong>Fiat Ruins Everything</strong></a>.</li><li>Jimmy's book, <a href="https://amzn.to/3RkmJZ6" rel="noopener noreferrer" target="_blank"><strong>Programming Bitcoin: Learn How to Program Bitcoin from Scratch</strong></a>.</li><li>Related Episode: Listen to <a href="https://link.chtbl.com/BTC009" rel="noopener noreferrer" target="_blank"><strong>BTC009: Bitcoin Engineering with Bitcoin Core Developer, Jimmy Song</strong></a>, or watch the <a href="https://www.theinvestorspodcast.com/bitcoin-fundamentals/bitcoin-engineering-w-core-developer-jimmy-song/" rel="noopener noreferrer" target="_blank"><strong>video</strong></a>.</li><li>Related Episode: Listen to <a href="https://link.chtbl.com/BTC050" rel="noopener noreferrer" target="_blank"><strong>BTC050: Bitcoin Policy, Fundamentals, &amp; Impact w/ CJ Wilson &amp; Jimmy Song