{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Bitcoin Frontier","title":"Value beyond price: Bitcoin, Marx, Menger, and MMT with Natalie Smolenski","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/c0836bed\"></iframe>","width":"100%","height":180,"duration":3091,"description":"In this episode, we dive into bitcoin's impact on the future global monetary order with Natalie Smolenski, an anthropologist and bitcoiner. We discuss her thoughts on how bitcoin challenges the state's monopoly on currency, invoking Karl Marx's unexpected agreement that gold, a commodity, originally embodied money—not the state-minted currencies. Natalie explains her fascination with the concept of the invaluable—elements of culture and society that transcend monetary value—and how bitcoin fits in today’s culture. We also tackle bitcoin's role as a deflationary currency in contrast to fiat's inflationary tendencies, highlighting its potential to redefine economic and social hierarchies. Join us as we explore bitcoin's potential to reshape not just economies but cultural identities.\n\nSUPPORT THE PODCAST:\n→ Subscribe\n→ Leave a review\n→ Share the show with your friends and family\n→ Send us an email podcast@unchained.com\n→ Learn more about Unchained: https://unchained.com/?utm_source=youtube&utm_medium=video&utm_campaign=TBF-podcast-description\n→ Book a free call with a bitcoin expert: https://unchained.com/consultation?utm_source=youtube&utm_medium=video&utm_campaign=TBF-podcast-description\n→ Buy bitcoin in an IRA—sign up today and get your first year free: unchained.com/frontier\n→ Meet Natalie in Austin on April 16th: https://www.meetup.com/bitcoin-park-austin/events/306342336/\n\nTIMESTAMPS:\n00:00 - Intro\n01:12 - Natalie's journey into bitcoin\n02:19 - Anthropology and the concept of value\n06:06 - Modern monetary theory and social power\n10:09 - Central banking and national economic performance\n15:12 - The challenge of physical currencies and the role of central banks\n20:27 - Money as the most salable good: Carl Menger's insights\n26:17 - Debunking the myth: Bitcoin and collective hallucination\n30:01 - Bitcoin as a protocol for new societal frameworks\n34:10 - Bitcoin's potential impact on societal structures\n38:23 - The state's interest in bitcoin and potential risks...","thumbnail_url":"https://img.transistorcdn.com/WoeHujZLSYOjeE_EY1iBuQ0tTK0I8K63kAncvwN8qto/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS83NTI2/Y2ZjZjFjN2NlZjI3/ZmQyZjc5ODQyMTc5/OTYxMi5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}