{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Honest Money Show","title":" Knut Svanholm: What Money Actually Is","html":"","width":"100%","height":180,"duration":5335,"description":"Why does it seem like almost nobody agrees on the answer?Knut Svanholm breaks down why our understanding of money collapses under scrutiny, and what that reveals about one of the most misunderstood topics in economics: money itself.Depending on how you look at it, today’s monetary system is either something most people rarely question or something fundamentally broken at its core.Knut shares how his unconventional background in shipping and military service led him to question systems, incentives, and authority, eventually guiding him toward a deeper understanding of money, value, and scarcity. That journey ultimately led him to Bitcoin.This conversation does not start with Bitcoin. It starts with money: what it is, what it is supposed to do, and what happens when those expectations stop being met.We explore how monetary systems shape behaviour, how incentives influence societies, and why understanding money is the first step to understanding everything built on top of it.Whether you see money as misunderstood or broken, this episode asks the same question from different angles: what are we actually trusting when we use money every day?🎙️ EPISODE SUMMARYKnut explains how real-world experience in structured environments shaped his thinking about systems, control, and incentives. Over time this led him into economics and ideas from Austrian economics.The discussion also covers Bitcoin as a decentralised monetary network built on blockchain, and why its design represents a different approach to how money can be created, validated, and stored.Rather than focusing on price or speculation, this episode focuses on structure: how money works, how systems fail, and why Bitcoin exists.🔗 FEATURED LINKSKnut Svanholm on X: https://x.com/knutsvanholmBitcoin Infinity: https://bitcoininfinitystore.com🔑 KEY TAKEAWAYS• Most people never clearly define what money actually is• Monetary systems shape incentives and behaviour• Inflation and policy affect everyday life• Systems can...","thumbnail_url":"https://img.transistorcdn.com/p7N5smzh8fVmXaDnKiC1KW7OIbHvwF_cFrc7BMU_gZQ/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS82Zjc0/MzkzMjU0NTBlMjMz/NTk4MTBiOWQyZDk0/YjUwNi5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}