In this episode of the Hodling Room Podcast, hosts TC and Mike introduce their new venture, focusing on exploring Bitcoin literature, starting with Saifedean Ammous's 'The Bitcoin Standard.' They discuss the revolutionary nature of Bitcoin, its comparison to traditional currencies, the importance of self-custody, and the historical context of money. The conversation emphasizes the need to understand the problems with fiat money to appreciate Bitcoin's value as a sound monetary system. The hosts also highlight the significance of personal responsibility in Bitcoin ownership and the evolution of money throughout history.Mike: YouTube:‪@BitcoinStraightUp1‬ Nostr: npub1yp4n0rw5sgf9sl4ta0wxfvq9pxc67sf0s3vmfp5l7r5uzleqqrhsyskqykTC: YouTube:‪@TheRoadToOneBTC‬X: @TheRoadToOneBTCNostr: npub1ycvsxes7qfrmv897k8uqqfrwvj5efv0f282lxzacrdlglm8c2qrqm7jjgTip 'The HODLing Room' with Mike & TC:Lightning: [email protected] on-chain: bc1qvk89xjd66frae52g0j70sr093dv4s4020pdf4u00:00 Introduction to the Hodling Room Podcast02:44 Exploring The Bitcoin Standard05:48 The Nature of Bitcoin as a Currency08:45 The Importance of Self-Custody11:50 Bitcoin's Historical Context and Value14:28 Understanding Money and Its Functions17:23 The Role of Sound Money in Society20:13 Bitcoin's Economic Characteristics23:22 Navigating Bitcoin's Learning Curve34:19 The Essence of Money and Economic Slavery36:23 The Demand for Money and Investment Risks38:15 Historical Perspectives on Money and Value Storage39:39 Saleability and the Evolution of Money41:57 Hard Money vs. Easy Money: Understanding Value Preservation43:23 The Manipulation of Gold and Diamonds46:05 The Risks of Paper Money and Bitcoin's Advantages48:38 The Easy Money Trap and Its Consequences50:53 The Role of Supply in Monetary Value52:57 The Evolution of Money Through History55:42 The Importance of Hard Money in Economic Planning58:13 The Function of Money in Economic Calculation01:00:59 The Illusion of a Standardized Medium of Exchange01:02:52 The Impact of Monetary Policy on Economic Growth01:07:39 The Role of Money in Specialization and Production01:09:34 Previewing the Future of Money and Bitcoin