# The Most Important Question in the World Today | Episode 14

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Text version: https://stenobird.com/podcast/the-what-is-money-show-1365694/the-most-important-question-in-the-world-today-episode-14.md
Podcast: [The "What is Money?" Show](https://stenobird.com/podcast/the-what-is-money-show-1365694)
Published: 2026-06-26T21:21:09+00:00
Episode link: https://whatismoneypodcast.com/episodes/the-most-important-question-in-the-world-today-episode-14-9jsjmPvv
Audio file: https://cdn.simplecast.com/media/audio/transcoded/088a85e5-437f-4c81-b306-10b9ff8c3ece/2effec98-bec5-4728-ba08-7a86d776e682/episodes/audio/group/befd65bc-6d83-4e67-9b62-a539cadd00b0/group-item/ca410482-bef8-4f63-9acb-23c613bf3d1d/128_default_tc.mp3?aid=rss_feed&feed=MLdpYXYI
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JSON: https://stenobird.com/v1/public/podcasts/the-what-is-money-show-1365694/episodes/the-most-important-question-in-the-world-today-episode-14
Duration seconds: 4862

## Resource

What is money? Is it a token, a ledger, a language, or a measure of fucks given? In this series, Robert Breedlove pursues this question across a diversity of deep conversations with thinkers from radically different walks of life — economists, philosophers, entrepreneurs, and truth-seekers — each one adding another layer to the most important question of our time. Episode 14 draws together fresh perspectives on money as a medium of exchange, as an attribute of marketability rather than any fixed thing, and as the coordination mechanism that allowed human civilization to scale beyond Dunbar's number. The conversation moves through the three functions and five properties of sound money, the distinction between fiducce media and fiat currency, why fractional reserve banking on top of a zero-reserve fiat base is a pyramid scheme on top of a pyramid scheme, and why Bitcoin — as a tamper-proof cryptographic ledger — is the most honest accounting of human value ever devised. This conversation explores the deeper forces shaping human behavior, institutions, and the future of civilization.

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## Transcript

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