“Thank God for Bitcoin” – Money Ethics & The Immorality of Currency Debasement

Published on
December 25th, 2020
Duration
61 minutes


“Thank God for Bitcoin” – Money Ethics & The Immorality of Currency Debasement

The Interview - Crypto ·
Featuring Jimmy Song and Robert Breedlove

Published on: December 25th, 2020 • Duration: 61 minutes

Bitcoin developer, educator, and entrepreneur Jimmy Song joins Robert Breedlove, CEO/CIO of Parallax Digital, to discuss the ethics of Bitcoin, using many examples from their recent book, "Thank God for Bitcoin," to describe the moral implications of adopting a Bitcoin standard. Song explains the inherent problems with fiat systems of money, describing them as immoral. They discuss the idea that debasing money can result in the debasement of society and humanity as a whole. Filmed on December 10, 2020. Key Learnings: Inflation acts as a type of tax on money holders without representation. Money is a foundational aspect of society and should be neutral—without the ability to be debased by certain groups of people. Bitcoin acts as a morally sound and socially efficient form of money, and its widespread adoption could dramatically improve the wellbeing of humankind.