Economist Robert Murphy joins the show to cover Rothbard's excellent treatment of money in Chapter 11 of Man, Economy, and State. Dr. Murphy and Jeff cover why "hoarding" money is socially beneficial; why the velocity of money (and the famous MV=PT equation) is a useless concept, and how new money in society is never neutral. How and why does money maintain purchasing power, and does the interest rate really show the "price" of money? Why do we want "hard" money anyway? This is the show you need to better understand Rothbard's landmark exposition of money in an Austrian framework. Use the code HAPOD for a discount on Man, Economy, and State from our bookstore: Mises.org/BuyMES. Man, Economy, and State: Mises.org/MES Hans-Hermann Hoppe on Hutt's "The Yield from Money Held": Mises.org/HoppeHutt Bob Murphy's Study Guide to Man, Economy, and State: Mises.org/StudyMES

Asheville, NC- This week in Bitcoin was calm compared to last week, but we still have a lot to talk about. Dave Portnoy lost all his Bitcoin by trading! That was not the only impulsive story of the week! Defi madness is starting to resemble ICO madness. Guy will talk some lightning network- What is Wumbo? Will the August monthly close be a record? Scary mainstream headlines? Wrapped BTC? Does Warren Buffet matter? Boris, Guy, and Tommy are in the house to talk about the above topics and much more! POUND THAT LIKE BUTTON! Tune in at 5PM Baltimore time for the live show! Boris- https://twitter.com/GKBoris Guy- https://twitter.com/TheCryptoconomy Tommy- https://twitter.com/YungGucciT Dave Portnoy- https://twitter.com/stoolpresidente/status/1296862194689290241 Wumbo- https://www.coindesk.com/wumbo-lnd-larger-bitcoin-transactions-lightning Scary MSM headlines https://twitter.com/crypto/status/1296185748757131266 Defi- https://twitter.com/zackvoell/status/1295929999984336901 Wrapped BTC- https://twitter.com/VitalikButerin/status/1295252403558559746 Financially support the audio podcast here: https://anchor.fm/bitcoinmeister/support BitcoinMeister Facebook- https://www.facebook.com/disruptmeister FOLLOW ADAM ON TWITTER NOW: https://twitter.com/TechBalt Support the BitcoinMeister on BitBacker- https://bitbacker.io/user/bitcoinmeister/ TechBalt.com has every This Week In Bitcoin show! All audio Podcasts at SportsMeister.com Thursday's show- https://www.youtube.com/watch?v=HHcasPDZNkQ Wednesday's show- https://www.youtube.com/watch?v=qTGL8OYbq6g Tuesday's show- https://www.youtube.com/watch?v=QhiB0_TMlF4 Monday's show- https://www.youtube.com/watch?v=GRCb5iXLlkQ Sunday's show- https://www.youtube.com/watch?v=l9fV5S57TiM Saturday's show- https://www.youtube.com/watch?v=umUdFVXa-dU Friday's show- https://www.youtube.com/watch?v=hSt3s5HO7wg Thursday's show- https://www.youtube.com/watch?v=4r7plY2J0gQ Wednesday's show- https://www.youtube.com/watch?v=NwTSAmPakGk Tuesday's show- https://www.youtube.com/watch?v=lQJgz1fEjYg Monday's show- https://www.youtube.com/watch?v=YvfgOK2ovbo Sunday's show- https://www.youtube.com/watch?v=PCykmC0ILYQ Saturday's show- https://www.youtube.com/watch?v=kFoOeDL2alQ Get audio podcast versions of my shows at the following links: https://anchor.fm/bitcoinmeister https://www.google.com/podcasts?feed=aHR0cHM6Ly9hbmNob3IuZm0vcy85OWIwYjNjL3BvZGNhc3QvcnNz https://itunes.apple.com/us/podcast/bitcoinmeister-bitcoin-cryptocurrency-altcoins/id1455583682?mt=2&uo=4 https://open.spotify.com/show/3h2R3XyV2GQFB0uV7bD0mp https://overcast.fm/itunes1455583682/bitcoinmeister #Bitcoin --------------------------------------------------- Get anonymous VPN and PROXY at Torguard! https://torguard.net/aff.php?aff=3899 Shirts- http://www.cryptoverge.com/category/shirts/bitcoin/ https://www.bitcointothemoon.com/ https://luchopoletti.com/collections/apparel 10% MEISTER discount code- https://www.cryptoidshop.com https://www.bitpiggys.com/online-store coupon code “BTCMEISTER” Lightning Hood https://lightninghood.com/shop/ BitcoinMeister Facebook- https://www.facebook.com/disruptmeister Bitchute- https://www.bitchute.com/channel/bitcoinmeister/ Bitcoin at Coinbase here: https://www.coinbase.com/join/528aa4ec443594782100003a Adam's Minds- https://www.minds.com/BitcoinMeister Support the cause if you like what I have to say: BTC: 373DnwbaQf1CbSWLcRQrjc3mHr4GoHC31e ETC: 0xb28CD007E0495b34BA6030859030322b7bE8422B LTC: LQm55H4oUCoVPiBd25A4v2jHXLtC9oo9Jg ETH: 0x0feb7bCd89C4Ea0c14FC7D94b9afBDE993034AD5 DASH: Xjcpo8Lh6NKQoV3F12pGpXUiK4XRoQyudN BitcoinMeister on Parler- https://parler.com/profile/BItcoinMeister/posts My Steemit page: https://steemit.com/@bitcoinmeister My Hive page- https://hive.blog/@bitcoinmeister All of my videos- http://disruptmeister.com/ SUBSCRIBE to MY BACKUP CHANNEL: https://www.youtube.com/channel/UCKvEBKalpd1KZkbB4i2slrA/videos Adam Meister is available for an hour long Bitcoin/cryptocurrency conversation where he can walk you through the Trezor installation process and help you move your Bitcoins to the Trezor. He will answer all your questions in that hour. Trezor is just one Bitcoin topic that Adam can talk about, you can ask him about anything cryptocurrency related. From marketing and promotion to Altcoins to storage and the strong hand philosophy. Feel free to email: Adam AT TrezorHelp DOT com to set up a Skype/phone conversation or to arrange an in person appearance or speaking engagement. Adam is available to speak at conferences around the world. Follow Adam on Twitter here: https://twitter.com/TechBalt