Bitcoin as Resistance Money with Andrew Bailey - Freedom Footprint 43

In this episode, we're joined by Andrew M. Bailey, philosophy professor, Bitcoin researcher, and co-author of Resistance Money: A Philosophical case for Bitcoin. 

Our conversation takes a deeper look at the psychological effects of Bitcoin, the journey to Bitcoin, and the concept of green mining. We discuss how Bitcoin can boost self-confidence among long-term holders and act as a safety net in unforeseen circumstances. We also highlight Andrew's journey from his philosophy background and teaching career to becoming a Bitcoin advocate. Finally, we delve into green mining, considering how an incentive structure could encourage eco-friendly practices without state intervention. Listen in as we discuss the trade-offs of green mining and the exciting future of Bitcoin.

Connect with Andrew on Twitter: https://twitter.com/resistancemoney
Follow the progress on Resistance Money at https://www.resistance.money/

00:00:00 - Intro
00:02:49 - Bitcoin as Resistance Money
00:03:22 - What is Bitcoin?
00:06:09 - Introduction to Andrew Bailey and Resistance Money
00:09:42 - The Philosophy of Value and Austrian Economics
00:11:45 - The Nature of Money
00:19:38 - The Complexity of Monetary Theories
00:34:15 - Bitcoin's Impact on Philosophy and Economics
00:43:38 - Bitcoin and Time Preference
00:55:44 - Andrew Bailey's Background and Collaborations
01:01:28 - Exploring Green Mining in Bitcoin
01:19:40 - Thought, the Self and the Simulation
01:26:50 - The Thesis of Resistance Money
01:39:10 - Wrapping Up - Where to Find Andrew

The Freedom Footprint Show is hosted by Knut Svanholm and BTCPseudoFinn. We are concerned about your Freedom Footprint! Join us as we talk to #bitcoin philosophers about how #bitcoin can expand your Freedom Footprint and much more!

The show is sponsored by Wasabi Wallet, the privacy-focused desktop wallet with Tor and coinjoin built in. The coins you send to the wallet are coinjoined through Tor, so when you take the coins out they are private. Visit https://wasabiwallet.io/ and download Wasabi Wallet!

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The Freedom Footprint Show is a Bitcoin podcast hosted by Knut Svanholm and Luke de Wolf.

In each episode, we explore everything from deep philosophy to practical tools to emit freedom dioxide to expand your freedom footprint!