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The Schizophrenia of Fiat | The Pysh Series | Episode 3 | WiM074

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Preston Pysh joins me for a multi-episode conversation exploring two books: 1) The Brain by David Eagleman, and 2) The Seat of the Soul by Gary Zukav.

Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/

GUEST
Preston’s twitter: https://twitter.com/PrestonPysh
Preston's podcast: https://www.theinvestorspodcast.com/

PODCAST
Podcast Website: https://whatismoneypodcast.com/
Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400
Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1
RSS Feed: https://feeds.simplecast.com/MLdpYXYI
Transcript:

OUTLINE
00:00:00 “What is Money?” Intro
00:00:08 Reality as a Biological Interface
00:02:44 Ecological Perception in Relation to Bitcoin
00:05:59 Influence by Robert Cialdini
00:06:45 Forming Cognitive Bias on Veblen Goods
00:10:15 Commitments and Consistency Bias
00:14:36 Cognitive Precursors that Influence People
00:17:10 The Line Between Influence and Manipulation
00:19:01 Bitcoin is the Solution to Central Banking
00:26:59 The Inevitability of Disruption
00:28:33 Bitcoin as the Natural Antidote to Financial Market Manipulation
00:29:35 The Debilitation that Affects the Signaling Mechanism of the Brain
00:31:20 The Neuroscience of Reality
00:35:09 Sensory Substitution Devices and Artificial Intelligence
00:41:54 The Human Brain’s Capacity is Limitless
0045:20 What Does Bitcoin Mean for Future Technological Advancement?
00:51:04 The Dollar as a Global Reserve Currency
00:53:30 The Importance of Humility
00:54:26 Why Bitcoin is Unstoppable
01:03:48 Classical Conditioning and How it Shapes Politics
01:06:30 The Law of Decimation
01:11:08 The Schizophrenia of Fiat
01:16:38 NYDIG
01:17:46 Finding Your Life’s Work Through Past Experiences
01:23:34 Operating on a Flow State: Leveraging Your Subconscious to Play the Game
01:32:09 Priming: How One Stimulus Influences A Response to a Subsequent Stimulus

SOCIAL
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WRITTEN WORK
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WAYS TO CONTRIBUTE
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RECOMMENDED BUSINESSES
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