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Bitcoin arguments get weird fast. Proponents say never spend it, but imagine saying, “Never spend your money.” Others insist you must spend it to help it gain acceptance—would you ever say, “You have to spend YOUR MONEY to make it legitimate?” Meanwhile, critics call it volatile while ignoring that the dollar has lost 99% of its value. The confusion vanishes when you strip away the hype and just call Bitcoin what it is: money.

In this episode, I break down the nonsense from both sides, showing how many so-called debates fall apart the moment you apply the same logic to dollars, gold, or any other form of money. We’ll also tie in some old-school financial wisdom from The Richest Man in Babylon, proving that the principles of sound money haven’t changed—only the form has.

If you think Bitcoin is too complicated, too new, or too risky, ask yourself if you’d say the same thing about money. Because that’s what it is, and the sooner people realize it, the sooner the noise fades and the real conversation begins.

Join Us Today As We Discuss…

• What is money and what forms has it taken over time
  • Barter – V4V Exchanges
  • Commodity – Hard Money
  • Fiat – Soft Money
  • Hybrid – Soft/Hard Money
• Dumb Arguments from Pro Bitcoiner’s that die when we call Bitcoin simply Money
  • “Never spend your Bitcoin” – Imagine saying, “Never spend your money”
  • “You have to spend Bitcoin to help it be accepted” –  Money is used because it’s useful
  • “Hold at all costs; never sell” – You’d never buy food, pay rent, or invest with that mindset
  • “Bitcoin will replace fiat overnight” – No form of money has ever replaced another instantly
  • “Bitcoin is the only way to be free” – Barter, gold, silver, and cash also enable financial freedom
• Dumb Arguments from Anti Bitcoiner’s that die when we call Bitcoin simply Money
  • “It’s too volatile” – The dollar has lost 99% of its value to inflation
  • “It’s only valuable because people believe in it” – Same as all money, including the dollar
  • “It’s used for crime” – So is cash, gold, and bank transfers
  • “Governments can ban it” – Gold and cash have been banned before and still exist
  • “It’s not backed by anything” – Neither is the dollar—it runs on faith and coercion
  • “It’s too slow” – Ever tried wiring money on a weekend
  • “It’s too expensive for small transactions” – Credit card fees are often worse and Lightning fixes this
  • “Bitcoin is deflationary, so nobody will spend it”  – People still spent gold when it was sound money.
  • “It’s too complicated” – So is online banking, but people adapt
  • “It’s too new to trust!” – The U.S. dollar was once experimental, too. Bitcoin has run 15 years flawlessly
  • “It’s not legal tender, so it’s not real money” – If two people trade with it, it’s money
  • “It’s just a Ponzi scheme!” – Ponzi schemes require new investors to pay old ones. Money isn’t a Ponzi
  • “I don’t own any because I missed the boat” – Imagine saying, “I missed the opportunity to save money”
• When we examine some of the best quotes from “The Richest Man in Babylon” and change gold to money, this is what we get…
  • “Bitcoin labors diligently and multiplies for those who find for it profitable employment.”
  • “Bitcoin slips away from those who invest it in businesses or purposes with which they are not familiar.”
  • “Bitcoin clings to the protection of the cautious owner who invests it under the advice of wise men.”
  • “Bitcoin flees the man who would force it to impossible earnings.”
  • “Bitcoin comes gladly and in increasing quantity to any man who will put by not less than one-tenth of his earnings to create an estate for his future.”
• Final Thought – Every person who has resisted bitcoin is poorer for doing so – HFSP
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Resources for today’s show…

• Find Me on Nostr
• Follow Me on Tik-Tok
• Article Explaining the GrowNostr Initiative
• Join the Members Brigade
• TspAz.com
• TSPC on Discord
• TSPC Group on Telegram (group chat)
• TSPC Telegram Channel (just messages from me)
• All My Recommend Bitcoin Tools and Resources
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Sponsors of the Day

• AeroPress Coffee Maker
• Vevor’s Conical Burr Coffee Grinder
• The Wealthsteading Podcast
• JM Bullion
• The Bioreactor Compost Course
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Video Version of Today’s Show

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