Jordan Peterson’s Thoughts on Bitcoin

During the Q&A portion of Dr Peterson's Beyond Order Tour, he is asked what his thoughts are on technology that pushes for decentralization. He gives a philosophical and Biblical answer.
Watch the full video - utm.io/ueSFn
// SUPPORT THIS CHANNEL //
Premium Podcast - jordanbpeterson.supercast.com/
Newsletter: linktr.ee/DrJordanBPeterson
Donations: jordanbpeterson.com/donate
// COURSES //
Discovering Personality: jordanbpeterson.com/personality
Self Authoring Suite: selfauthoring.com
Understand Myself (personality test): understandmyself.com
// BOOKS //
Beyond Order: 12 More Rules for Life: jordanbpeterson.com/Beyond-Order
12 Rules for Life: An Antidote to Chaos: jordanbpeterson.com/12-rules-...
Maps of Meaning: The Architecture of Belief: jordanbpeterson.com/maps-of-m...
// LINKS //
Website: jordanbpeterson.com
Events: jordanbpeterson.com/events
Blog: jordanbpeterson.com/blog
Podcast: jordanbpeterson.com/podcast
// SOCIAL //
Twitter: / jordanbpeterson
Instagram: / jordan.b.peterson
Facebook: / drjordanpeterson
#JordanPeterson #JordanBPeterson #DrJordanPeterson #DrJordanBPeterson #DailyWirePlus #podcast #news #DrJordanBPetersonsBeyondOrderTour

[@Ricooooooooooooooooooooooooo]

Tami: „What do you think about Bitcoin“ Jordan: „Well, Moses…“

[@JoesWebPresence]

Moses . . . distributive control . . . anti-tyranny . . . pro-de-centralization . . . revolutionary change brings unintended consequences . . . could be the solution but not a given . . . and THAT'S what I think about bitcoin. I knew where he was going with that from the start, but then, I've been studying Exodus and Numbers recently too. Personally, I'm sticking with silver, and distrust anything they can digitally manipulate.

[@bicelisGeopolitics]

@@JoesWebPresence digitally manipulate... wow, didn't think of that!

[@bicelisGeopolitics]

cx32 says some about Government Bitcoin ... probably related to "digitally manipulate"

[@BeBopScraBoo]

well the blockchain precludes manipulation... allegedly.

[@JoesWebPresence]

@@BeBopScraBoo Bitcoin's blockchain does, but as we've seen, the keys can be demanded, the funds can be seized and the insiders can run away with the bag. Imagine a massive deal is going to cause a large shift in the value of a particular crypto. So big, it's going to sink a particular fiat currency and bankrupt a nation. Moves are made with the banking regulators and legal injunctions are put in place, but it doesn't look like they are going to be able to stop it. Even raiding the businesses involved won't change anything. Suddenly, there's an unusual power outage. The exchange is down too. Sabotage. A mysterious fire/flood/plane crash. The deal is in doubt for ten minutes, and timed to coincide, rumours circulate. Someone in the media close to that nation's leaders does a hit piece, and thousands of small to medium investors sell on hearing there may be a problem. It's nothing to do with me, but the chunk of my portfolio in that crypto is wiped out overnight. No thanks. The Nordstream pipeline was sabotaged for similar reasons. Don't tell me it can't happen to crypto.

[@alexandre588]

JP: "Ahh yes, bitcoin. Have I told you about the Israelites?"

[@johnglover5071]

Says shallow thinker.

[@rollerskdude]

It was a very good analogy for a decentralised situation it's one of the most well known 1 of those situations humanity has ever faced. And the Israelites worked it out successfully. Bitcoin if it succeeds will make all of humanity follow the same path as the Israelites.

[@ittaiklein8541]

@@johnglover5071 oh yeah - your response definitely required much & deep cogitation. In the general case; one liners, such as the one you just sent, contributes Nothing to the discussion, because it brings nothing new, no idea, no progression of argument. Nothing! It's just like a burp.

[@fcolecumberri]

@@ittaiklein8541 being able to communicate more with less words is by itself a virtue.

[@interstellaraudio5674]

Lol I love it bro. Too true

[@sc100ott]

The actual answer begins at 11:30. You’re welcome 😉

[@DomHartland]

🤣🤣🤣🤣🤣 Thanks

[@Lectrosoul]

Whoosh...

[@MrCenturion13]

Nah. It's too much fun getting there the long way.

[@exiledmonastic4650]

thank you, spared my sanity

[@etcomehome39]

Now that I am older (age 60), I realize I am at least 85% wrong most of the time. This realization makes me a better person. I have less ego and less to prove; it's freeing.

[@DaveJ6515]

I think you're wrong.

[@bicelisGeopolitics]

@@DaveJ6515 only 85% of the time...

[@DaveJ6515]

@@bicelisGeopolitics I mean, the probability that you are wrong EXACTLY 85 times out of 100 is more often zero than not 😃 Interesting rabbit hole btw

[@benitomontemayor873]

Regular Physical exercise opens up a new World in your mind.

[@Batwing2465]

Wisdom

[@Z97335]

-Host: "What are your thoughts on Bitcoin? -JP: "So Moses..."

[@connorjones4893]

Wife*

[@jonathansaindon788]

That’s his wife

[@matheusaugustodasilvasanto3171]

I appreciate the way he thinks through these difficult and complex problems and systems LIVE. He's constantly marshalling and updating his arguments. I like that he does not start answering the question with a simple 'pro' or 'against', and then elaborating; but rather, he takes you through the journey that he himself has that formed his opinions on the matter. His view of the problem is very detail-oriented, and that can be rare to find in today's world, where "Hot Takes" seem to mather more than well though-out positions. I want to emulate him in this regard.

[@BeBopScraBoo]

one of the reasons i can't watch those "takedown" videos is because they'll stop one sentence 5 times and interject horrible strawman arguments in place of just asking JBP to clarify.

[@ShaunPrince]

This was a very thoughtful comment that helped to share the value of meaning from this talk. Thank-you.

[@matheusaugustodasilvasanto3171]

@@ShaunPrince I'm glad to share my appreciation of Dr. Peterson with the world. You're very welcome, and thank you for your comment.

[@lordvoldemort4242]

Imagine who people will be talking about Jordan Peterson in 100 years. I am happy to be alive during this time.

[@valentinrafael9201]

@@BeBopScraBoohorrible strawman arguments against JP who makes logical fallacies every other phrase. Happy to go through them all

[@billbadson7598]

I freaking love his Batman super-villain costume, unironically. It's just really neat.

[@dmale79]

I first saw it on Joe rogan's podcast. I fucking love it too! That company sent him 12 suits. I can't wait to see the rest!

[@tangomango2459]

Reminded me of two face immediately. Minus the burns of course

[@dmale79]

@@tangomango2459 Yeah two-faced was never this smart. And didn't have witty come backs. Jordan may dress like Two-Face but he's way more like Bane than any other anti hero in the Batman movies.

[@ElectroBengt]

The company that made it for him did 12 suits, one for each rule. The blue side represents heaven, and the red side represents hell. The blue side inlay is clouds, the red's flames. Also, the blue side is made of wool from a sheep, and the red's made of wool from a goat. It's freakin' awesome :)

[@johnames1987]

@@ElectroBengt I'm sad that the trousers are all red though. Should of been mixed too, preferably on opposing sides.

[@RedBricksTraffic]

“This is a historical lesson of immense significance, and should be kept in mind by anyone who thinks his refusal of Bitcoin means he doesn't have to deal with it. History shows it is not​ possible to insulate yourself from the consequences of others holding money that is harder than yours.” ~ Saifedean Ammous

[@LMCKAY87]

The Bitcoin Standard is the most impactful book I’ve ever read. Spread the word brother.

[@JohnWilliams-channel]

Crypto currency is unfit as a currency because it costs too much for transactions that get taxed by so called mining. Speculators hope people more foolish than themselves will buy it at a high price for fear of missing out. It's all pump and dump, baby.

[@LMCKAY87]

@@JohnWilliams-channel Theres Bitcoin and then there’s the “cryptocurrencies” you are referring to. Most crypto’s are ponzi’s, but don’t confuse them with Bitcoin. Bitcoin is unconfiscatable, digitally scarce money. There’s a MASSIVE difference John. Read The Bitcoin Standard by Saifedean Ammous if you want to understand why Bitcoin is so important for the prosperity of the human race.

[@JohnWilliams-channel]

@@LMCKAY87 The block chain algorithm is ridiculously redundant and power hungry. Banks have better online currency, AND they are FDIC insured. By "scarce" I think what you meant to say was a "commodity", but a "commodity" that is diluted with every transaction. But do continue to spread FUD about the dollar. I can refuse your payment in bitcoin.

[@LMCKAY87]

@@JohnWilliams-channel Do you often talk about things you clearly don't understand? How embarrassing for you! Good luck storing your economic energy in a battery (The dollar) that perpetually leaks 15% of your purchasing power every year and will continue doing so until it’s worth exactly zero (just like every other of your beloved fiat currencies have done for the past 5000 years). Where exactly do you think this 2 trillion dollars we print every year comes from? I'll give you a hint…your back pocket. Bitcoin is a digital COMMODITY that seeks to replace the dollar and other fiat currencies with a fixed supply of 21 million units that CANNOT be devalued and that are backed by a wall of encrypted energy. (Orders of magnitude less energy than the world's fiat systems use…since you're so concerned about it.) You should go to the doctor John because you have a severe case of Stockholm Syndrome. Do you even know what the Treasury Dept. does? Lol. I'll educate you: They make treasuries (IOU’s), which the FED buys the majority of and puts them on their balance sheet. This, along with bank loans, is how money is created. (Hint: Creating money is a very bad thing.) This means more dollars chasing the same amount of goods. AKA Inflation. We live in a fractional reserve system, do you really think the bank just has this money sitting around in the vault to give to you? No, they take it from their members' equity. When you withdraw money from the bank, they literally take somebody else’s deposit and give it to you and when they run out and need more dollars, they ask daddy Fed in the overnight markets. You clearly did not know this or you would feel much different about your beloved dollar. FDIC Insurance?! LMAO, whatever lets you sleep at night bud. But don’t worry, you’re not alone, if people actually knew this there would be bank runs like never seen before and your FDIC insurance wouldn't mean jack shit. We have the luxury to do all of this criminal behavior as the world reserve currency. Inflation is legalized counterfeiting and counterfeiting is criminalized inflation. Think about that. Bitcoin is a decentralized computer network that cannot be destroyed. Unless you’re one of those that think you can shut down the internet. Its never going away and more and more value will collapse into it as people start to understand it is perfect property. Capital ALWAYS flows from weak money to hard money (Greshams Law) and if you think any different…good luck. I suggest you learn about economics AND Bitcoin before you start speaking on it like some kind of wannabe authority. When your grandchildren ask you why you didn't buy Bitcoin when it was so cheap, you can tell them you always believed what you were told to believe, couldn't think critically and chose to play with your guitar instead of educating yourself how to preserve your family's wealth for generations. At the very least, they'll appreciate your honesty.

[@BitcoinJi]

He could've said: Bitcoin is a genius idea but I'm scared.

[@remko4112]

Nah, people like to know why he thinks it's a genius idea and why he's scared.

[@ArcadeMusicTribute]

Yeah. That's pretty much what he said.

[@21Mewi]

Hahaha

[@a.m.j.1]

Just love Jordan Peterson

[@aprild915]

I don't know what to think about Bitcoin but I absolutely love his suit jacket. Lol😂❤

[@bagsjr1]

Represents the force of good and evil within each of us?

[@DonClark]

Why are the pants not 2 colors as well?

[@bagsjr1]

@@DonClark A company made him like 10 custom suits and they probably gave him two pairs of pants for that one. :D

[@daverage4729]

Dude its epic!! 😀😀😀

[@noobauditor2898]

Yep, that's the chaos and order suit 😎👌

[@mrthornton555]

You give me hope!!!! Keep it up!! Love ya dude !!!!! Thank u!!! Jordan is a gem!!!

[@bizzymonkai6100]

"If you don't believe me or don't get it, I don't have time to try to convince you, sorry.” ~ Satoshi Nakamoto

[@D.S.handle]

“Anime was a mistake.” ~ Hayao Miyazaki

[@markmciver1981]

@@D.S.handle "I have had it with these MF***ing snakes, on this MF***ing plane!" ~ Mahatma Gandhi

[@snrdouglas]

Thanks. This made me laugh almost as much as Jordan"s ...what would you say?? answer, response?

[@seanbrennan5192]

The entity who abandoned their project

[@bahmak2003]

@@seanbrennan5192 because that bitcoin tree can now grow without his/her intervention! What the point of decentralised bitcoin if it has centralised figure head?😂😂😂

[@user-nu9xi4om3o]

The gold standard also placed a restriction on government's ability to print money. I think the current fiat system exists since 1970.

[@ChaoticNeutralMatt]

The only reason I'm curious about crypto that's associated with a resource

[@RedBricksTraffic]

The Gold Standard was easily subverted by nation-states due to Gold being centralized in banks. Golds physical nature means you need to store it somewhere, and you need a lot of security to protect it and move it.

[@joefunk76]

Yes, and gold was $35/oz when the USD was taken off the gold standard in 1971. Since then, gold has ~50x’ed, meaning that the USD has lost roughly 98% of its value since then. Insofar as prices of goods and services have gone up less than 50x in the same time span, you could probably chalk that up to the massive technological improvement that’s taken place since then.

[@CurtHowland]

At 15 minutes Dr. Peterson is talking about not knowing what would happen if the money is removed from political control. YES WE DO! That is what the gold standard was, and it worked wonderfully!

[@Mandragara]

The Gold Standard sucked, that's why it was dumped. The moment they dropped it, which w as in the middle of the Great Recession, everything started improving

[@nft_responsibly]

​@@Mandragara😂😂😂😂😂

[@naborlz]

I think that's the most stupid thing I've heard since 2021@@Mandragara

[@Mandragara]

@@naborlz All verifiable facts. You can dispute the causal relationship between them. Matter of fact is that great recession all happens with Gold standard

[@naborlz]

And that's the second most stupid thing. @@Mandragara

[@danawhiteflag]

Briliant explanation! Well informed and thought through point of view. Clear understanding of life and human motivation. It makes us think … Thank you, Dr. Peterson!

[@dnoordink]

Are you serious? It was mostly rambling about totally unrelated topics! "If you can't explain it simply, you don't understand it well enough." - Einstein

[@yogawithandy]

@@dnoordink I suggest you watch it - fully - a few times. Like the guy above said "Brilliant explanation". Long winded, yes. But brilliant. Let me summarise for you. Bitcoin has the potential to fix the world but there maybe/will be consequences that we have not yet thought of.

[@zhadoomzx]

@@yogawithandy Yes, but truth be told, he could have just said "Bitcoin is a radical change... maybe it has some side effects that we did not think of". Maybe it would not sound as dramatic as talking about Moses, Religion and God first, but its basically the same point that JP is making.

[@flyingsquirrel7442]

LOVE

[@zhadoomzx]

@@flyingsquirrel7442 LOVE is a huge pile of chicken crap... and every once in a while some annoying creature will climb on top to crow.

[@petrmaresu]

That's what I call an in-depth and balanced answer.

[@JJ-zo8sh]

It’s what you call waffle

[@TCF369]

It helps me listening to his responses twice. I’m not afraid to say it. Never been a smile and nod person.

[@thestonemaster81]

It was a very good analogy for a decentralized situation. You can still have a community (Central situation) But with honest money.

[@DirtRoadAutoRepair]

Those who stuck around were rewarded lol took a while to get there but made some insightful comments on bitcoin. 👍🏼

[@TheJoshuaFrey]

For a while I started to think the title of this video was severely misleading until he tied it all up in the end. Well thought out and thorough as usual!

[@klemenkoncan3895]

Funny how Peterson switched from an inquisitive explorer of the Bitcoin phenomenon to trying to avoid supporting it and vainly trying to find reasons for its downfall. Yet, everything Bitcoin represents embodies his ideals and transforms people.

[@ChaoticNeutralMatt]

I'm only concerned about a few issues regarding it. No attached material resource, and cost to actually use it. I mean in terms of transaction processing. There might be others but those two stand out to me.

[@Ibian666]

@@ChaoticNeutralMatt The attached material resource is the hardware that runs it and the electricity that powers the hardware. Bitcoin is, in the most literal sense, backed by energy. Which means it is backed by human effort.

[@klemenkoncan3895]

Bitcoin is actually bridged with the material world through the extensive use of electricity. Electric energy generated with material resources allows it to manifest thermodynamics in cyberspace. As far as the cost of using it: its base layer is meant for processing large transactions with maximum security and reaching final settlement without any third party being able to stop it. In this dimension it is actually the cheapest and most secure monetary network. Think of it as a competitor to gold and fiat. If you wish to transact daily and pay coffee with it you need to use second layer solutions, the most important being Lightning Network, which can scale BTC transactions by a factor of million and reduce costs to the bare minimum. Think of it as the payment network, competing with Visa and Paypal. In this dimension, BTC is again the fastest, cheapest and soon to be most reliable network for sending transactions globally, even to developing countries where people are mostly unbanked. These two solutions actually create the perfected monetary and payment network for a globalized civilization.

[@gps9715]

@@ChaoticNeutralMatt Energy is the attached material resource. Transaction processing is being improved with the lightning network.

[@great-eyedea]

@@ChaoticNeutralMatt your dollars and money in the bank don't have any real material resource so I don't see why that's a concern. It was removed from the gold standard since the 1970s. And the cost of transacting is pretty cheap, gets more pricey when the blockchain is congested but that's really only if you aren't using the lightning network. Using LN the cost to transact is pennies

[@snrdouglas]

This interview, this response from Dr. Peterson, is hilarious! Who else could extrapolate the essence of Bitcoin to the Exodus example? Nobody! This man is brilliant/educated/ just plain smart!!

[@robertlevi3202]

I see the correlation, and sad that you don't.

[@techkid3874]

Jordan really keeping up to date with the modern trends in 2023, like bitcoin.

[@tedkoppel13]

In a year he will discover Bored Ape Yacht Club.

[@TohnoEn]

If you're thinking of it as a trend, you're not thinking.

[@techkid3874]

@@TohnoEn apologies. I forgot bitcoin was a mindset.

[@tedkoppel13]

@@TohnoEn is “fad” more to your taste?

[@timothyblazer1749]

@@tedkoppel13 it's a phenomenon. Bitcoin has gone far beyond a fad, as billions in real value are traded every day using the network. It is, in some sense, a force of nature. Maybe it will burn out. Maybe it won't. The implications of a currency NOT controlled by a government that can't be counterfeited, can't be inflated, and can't be stolen by anyone, including governments ( without using real guns ) is enormous.

[@ezergilechimekazikura6855]

'There is a point to all of this, I promise' As they say, only one who is able to laugh at themselves truly has a sense of humor.

[@verbumsat]

There's no 'C' in "sense of humor". Do You know that you are allowed to edit your comments?

[@ezergilechimekazikura6855]

@@verbumsat thank you for the correction.

[@hipsonsogbo]

Great answer.

[@orhanmekic9292]

He is totally right. We do not know what would happen if Bitcoin was to become the global currency. Though my guess is that it can't be worse then what we have today..

[@ckniffen7111]

We know that it would remove incentives of bad actors, and add incentive and reward for good actors. We also know that it would stop the ability of those who have the printer to steal from all participants simultaneously. Like you, I Can't imagine it'd be worse either!

[@kleinbottled79]

@@ckniffen7111 Yeah, I doubt anyone would argue those points. The separation of money and state is undoubtedly crucial for any future we want our children living in. I guess what JP fears, and what we should all acknowledge, is that the road will not be without hurdles and perhaps it's own inherently unsolvable problems. My own response to this valid concern has always been this. "Even if you were sure bitcoin was bad for the future - is that fact in any way going to be enough to stop it's growth... probably not. So the answer of what to do remains the same. Buy some."

[@orhanmekic9292]

Bitcoin as a global currency would introduce deflationary economy. Right now deflation usually only occurs during recessions, so there is a bad association. But with Bitcoin as global currency all the economical rules would change and deflation may be positive in that context, but we will not know for sure until it really becomes a global currency.. Third world countries would probably gain the most from this, in the west we would probably experience a soft reset, and that could be problematic in the short run.. But AI technology will do that anyway so Bitcoin will probably be the only logical choice.

[@robertlevi3202]

We will work this out .

[@ArloPignotti]

I never thought of it that way before. Distribution of responsibility is greater than the distribution of wealth. And you certainly can't have both.

[@sandervg1318]

Cool suite Mr Peterson never seen anything like it :)

[@mannysmandatories5595]

at this point I just want to know if there are any presuppositions that are not unbelievably pathological

[@chottochotto7112]

I would tell you but that would be unbelievably pathological

[@Phoenix-Brah]

You are probably right. I think the pathology stems from a refusal to update the suppositions in harmony with the outside world.

[@amazingjason455]

That depends on what you mean by pathological.

[@nelsonang]

i proffer a presupposition predicated on a God Who comes and die in our place so that we do not need to die... a God Who assumes the pathology on our behalf...

[@bunkyfeats231]

This made me chuckle

[@patrickdelgado6475]

Way to be precise!

[@scorpforge2696]

"If you can't explain it simply, you don't understand it well enough." This rambling discussion about religion, tyranny and the Israelites tells me you don't understand bitcoin well enough to explain it simply.

[@verbumsat]

NEVER Thought I'd get to this point! JBP whom I admire; is rambling! Pure & simple. Uttering seemingly Well Formed Formulae, that are disjoint and practically unrelated. I console Myself by remembering his other talks that are brilliant. This is for the recycling bin.

[@des7638]

good one.

[@sn0wolf]

The problem with most people is that this answer was very long and for a time seemed That it was going to be pointless but Jordan has the gift of seeing the big picture and the world would be a much better place if it got back to this mindset..

[@ExpensivePizza]

"Imagine Bitcoin was successful and all of a sudden we're really never able to exercise control over our monetary system again" The thing is, Bitcoin is already an opt-in system. By using Bitcoin you're choosing to exit the fiat system and cast your vote for the Bitcoin standard monetary system instead. And because its open and decentralized by nature, that is, and always will be a voluntary action.

[@snrdouglas]

Jordan, PLEASE, I really would like to hear a conversation between you and Michael Saylor...two of the most intelligent people on the internet.

[@7174N1UM]

Freedom from tyranny is the motivation. LFG Bitcoin!!!

[@juanmgutierrez4188]

What's a safe place to go to?

[@Ggdivhjkjl]

Like your jacket. Where'd you get it?

[@KorriTimigan]

It's custom designed by Jordan himself, it represents heaven and hell. The blue side is woven of lambswool, the red is woven from goat wool. I wish I knew the tailor.

[@tonkajahari3010]

Nobody’s gonna say anything about his two-face from batman costume? 😮

[@ifstatementifstatement2704]

:)

[@ifstatementifstatement2704]

On Joe Rogan episode 1933 he says it represents heaven and hell. Something like that.

[@wassup4294]

I am very amazed! Wow

[@PremaDelpi]

Great video!!!!

[@jeffmarton9224]

yes prema

[@ecidnac1111]

Going into the unkown is a difficult thing especially when one is attached to the survival mode. First time I heard Jordan but his view on bitcoin, although starts at 11:30, was fair enough! It makes sense that right now Bitcoin could be a catalyst of peace but it does not mean that we will not have chaos before peace!

[@robertcoutts926]

I like the Jekyll and Hyde suit.

[@JoeTchify]

What’s your thoughts on Bitcoin? JP: Have I told you about my suit?

[@balazsbognar2185]

Amazing 👍

[@Aphenro]

Did you go to Don Cherry's tailor?

[@carmenlajoie2719]

Max Kaiser, The Orange Pill. RT US had Boom/Bust. Crosstalk, IEarlgrey, The Duran

[@patkoono]

I am ready for the experiment!

[@Luisramos253]

The explanation about decentralization of Moses Power, electing some leaders to teach/guard people from their problems/disputes, looks like Fedimint protocol

[@Dave_Lucas]

be prepared when you ask JP a "simple" question ...

[@milastran663]

I don't think BTC will replace the current system but it offers the people an another alternative to store and transact wealth. And I think that govs will try to stop the adoption or forbid BTC, just look at history of gold.

[@DanielWingenSan]

Very good talk. Just one important mistake in the end. Bitcoin in it self is very political. The same like with countries, there are parties with differing visions about what Bitcoin should become. Bitcoin right now is basically always the product of the majority vision of Bitcoin In the past. The Blocksize wars are one well documented example of such a decision making process. Also on a higher level: there is always competition for world currency and even if Bitcoin might settle for a while in that position, there is always choice for the majority to change a system. Basically the Moses example where solution needs to be found more up the chain.

[@thousandaireradio3199]

I thought he was gonna flip a coin to see which personality would answer

[@Crownholder]

Lol 🤣

[@jordandavid8653]

I can’t help but ask - what’s up with the Two Face suit?

[@irenasmart183]

Adore this man.... 😁

[@serhiybakhshyyan10]

Student only learnt about flee before biology exam. But question he got from examiner was about toads. So his answer was :" well, toads have no flees and flees are......" :)

[@ArnoldSommerfeld]

Peterson will talk about anything, no matter how little he knows about it, and no matter how tacky the suit he is wearing. I'll give him that.

[@johnbarrett5229]

Some in the audience laugh when they hear the word bitcoin just as some laughed in 1989 when I told them about the World Wide Web. In fact, I remember my older brother calling me an idiot. He's done that a lot over the past few years when I've tried to explain Bitcoin/Blockchain tech to him but he always goes back to "You're crazy." The really hilarious part is this: I own 3 houses (no mortgages) and my brother, at the age of 61 is still living in his girlfriend's house (not that there's anything wrong with that). Sadly he still foolishly imagines that Bitcoin is just some kooky internet money that's going to go away sometime soon. And yes, like many, he is still clueless about the fact that Bitcoin is actually a new Computer Technology. In his most recent nonsensical rant, he stated the following: "Bitcoin is morally reprehensible". Sigh . . . I thank God that siblings don't share the exact same DNA.

[@TheRealxVincent]

That jacket goes TOO hard, I love it.

[@Capris9x]

TL;DR So basically the Fed thinks they should have all the responsibility of your money because they don't think you should.

[@Lilelac]

Damn that is a cool suit

[@pedro.arce.m]

good take imo

[@davidj8384]

Haha I literally asked this exact question to JP when he toured my city last year, it wasn't answered on stage though.

[@googlekonto2851]

well it also wasnt answered in this video.

[@ChaoticNeutralMatt]

@@googlekonto2851 it was, just not in a manner some people would like. As far as personal opinion, he's curious and maybe a little hesitant to throw in, but can't see a problem with it yet.

[@valvidler8850]

A very unique suit 😮

[@shahroozkharaghani1781]

Listen to Jacque Fresco

[@chrisburgess2398]

Surely we know the outcome of the experiment, it’s what happened with the gold standard in the 1920s where the US decided to move away from the gold standard. My limited understanding is that that could of been avoided if companies and investors hadn’t taken on so much risk, and the move away from the gold standard was effectively bailing out reckless investors, albeit for the sake of the overall economy. The other thing is, bitcoin doesn’t necessarily need to be a currency to be useful. Acting simply as a digital store of value would also be very useful. Gold 2.0.

[@jeffmarton9224]

thank you dr.peterson. naive to cynical to hopeful is the journey of a life to balance all 3. the bible seems to express this journey. thank you

[@kenlaidoner9314]

To add 1 comment about the point that Bitcoins system does not allow people to change it or that its permanent uncontrollable money system. The fact is that it can be changed by the will of the people. We run NODEs that validate Bitcoin transactions and we propagate its properties through NODES. If 51 percent of the Nodes in the world (peoples votes in essence) decide collectively that some changes are neccesary then it can be done. Bitcoin is subject to the will of the people and code is therefore written or re written on the basis of peoples needs that require a majority. Peterson is a brilliant man, but he has alot more to discover and learn about Bitcoin. Beautiful speech👏

[@AsoreAreola]

What was the answer?

[@ShaneSchimpf]

Interesting perspective, but not what I expected.

[@russ1q]

15:58...pretty much says it all...

[@petitblanc7343]

but you lose all context, so the prior wandering is needed

[@ralphlitton8521]

The way you control for risk in business is through diversification, not centralization. Governments devalue their currency through inflation as a hidden tax.

[@aracrg]

He could have just said, "Buy Bitcoin".

[@ryanm7263]

That's one helluva suit

[@Neeper78]

What was the question again?

[@adelinesoegianto4740]

14:39 Correct me if I'm wrong Btc can self correct democratically if majority of nodes agree to make the hard fork. So the blockchain has the mechanism to make changes if its citizens agree. Therefore, Peterson's point on 14:39 can be rebutted. Am I right?

[@alexpearson8481]

I LOVE that suit. Such a great statement. 😂😅

[@katconnor6422]

I love when your wife interviews you. ❤ She seems so sweet and gentle.

[@amt68105]

Eh, what's the worst that can happen?

[@williamsmelissa1349]

I have been thinking of investing in cryptocurrency lately but always not getting it,can anyone here be of help please🇺🇸

[@traceybonner130]

@Caleb Miles That's very correct possibly can't do that without the help of a professional trade💯

[@jackdickson7940]

She's expert Mrs Melissa price MP one of the best brokers far

[@qlovox]

Love that suit

[@xxPYROxxJONESxx]

I always get lost in tangents, i can only aspire to JP's levels of focus

[@Lewapolis]

There are deep lessons in those words. Though I have more faith in bitcoin than Jordan, I can see why people hesitate before diving in. It’s a scary leap to make, but if you do, you’ll soon realize it’s the right one.

[@pnamie3712]

I like Peterson. Trying to find where he talks about Bitcoin in this segment, he jumped the track and talked about everything but Bitcoin. Ah, found it... fast forward to the 12:00 minute mark. I think the real concern with Cryptocurrency is less about Bitcoin and more about Central Bank Digital (CBDC) currencies. Bitcoin is "absolute" money whose value cannot be stripped by insiders. By contrast, CBDCs are fiat money whose value can be stripped and whose use can be programmed to buy certain products, inflated to fund certain programs, and censored. CBDCs will usher in modern serfdom.

[@dmkellett]

What about sound money ? “ jebus “

[@lukey6534]

Is the jacket 2 jackets sown together ? What is going on there ?

[@jeffdonald1791]

the only caveat is that Bitcoin doesnt need to replace everything or the existing system - it can and will run parallel to it and provide another option for saving in an asset that cannot be inflated away or controlled by central authority

[@joelronish1625]

JP got some next level drip

[@poetmaggie1]

No electricity no bit coin.

[@Ggdivhjkjl]

Physical bitcoins have been available for years. You do not need electricity to use bitcoin.

[@mjrlunpersonal]

No electricity no digital currency in general :P

[@isaiahbriggs2093]

if this is your wold view than you better be 110% self sufficient and well hidden and well armed because 99% of the population will die only well armed Amish will survive lol

[@gastonangelini8352]

No electricity, no world... Or don't you know how fragile is our society? Do you know how many days will survive without food the world? Without the power grids we are doomed... How naive you are bro

[@essassasassaass]

dude no electricity is absolute chaos after a few days.. we have other problems than bitcoin at that point. and as long as there are some nodes and miners all around the globe bitcoin will continue to exist and be right back for us when electricity is back. and it will be back unless you think we will live the rest of our lives in a pre industrial revolution era.

[@zacharyzoet3046]

That suit is savage.

[@Drone256]

Bitcoin is something you hold once you understand the math and something you avoid when you've been convinced you are too smart to need to understand it.

[@jaysmith3361]

Drama is habit forming. it's very hard to break away from it.

[@Michael-4]

What he forgot to say was to buy now and hold.

[@ryanaustin-11]

That’s jacket is baller!

[@franklinfleming1237]

I thought it was the light . But yeah its don cherry level almost

[@johnbarrett5229]

baller ain't a word and boomers invented everything around you - including your computer. Baller? No man the jacket is both ridiculous and bad ass. But it's definitely not "baller". Sorry kiddo. : )

[@joslyndmello9853]

I want to add onto the statements about those who have given up civic duties alongside of religious attendance. I think the missing element to motivate people to return to those duties, especially in a grossly securlar population, is to re-examine and support the attachment people had to their lineages. The biological basis for close familial attachment, therefore, drive to protect and to reproduce, especially when it comes to encouraging young men to have less self-centered and short term aims, is what's missing in this global-minded civilization. Renewing the sense of deep connection to one's lineage may be the oldest and best precursor to arousing a return to other responsibilities. I think the proper flow chart looks like this: First, the rediscovery of pride in lineage, which precipitates the motivation for longterm nuclear family planning (because this pride and concern will foster a renewed sense of destiny in one's genetic future), then, there arises a (potential) desire for following a faith community (if one believes in god at all) and finally a mature attitude arises to foster an investment in civic responsibilities.

[@Slicemenice]

In der beschränkung zeigt sich erst der meister, Jordan.

[@ArcadeMusicTribute]

15:33

[@lindacockerspaniel9657]

Yeah It would be bad if only a decentralized entity were to dictate what Is or Is not allowed. But It Is an alternative that's needed right now and can be chosen as secondary source of trust