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Bitcoin is Spreading Like a Virus: FASB, Microstrategy, & Creating a Vision for Your Life (JWP28)
Description
In Episode 28 of The Jake Woodhouse Podcast, I explore the impact of new FASB accounting rules on Bitcoin and public equities like MSTR, why rules are better than rulers, why Bitcoin bests gold as money, the parallels between Bitcoin’s viral adoption and the spread of Christianity, the lessons of the “Blocksize Wars”, and the role of vision and self-image in building a meaningful life.
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New episodes drop Monday, Wednesday, and Friday. Let's learn together.
TIMESTAMPS:
0:00 - Introducing JWP28
0:33 - Bitcoin: FASB Accounting Changes
2:17 - Rules Not Rulers
6:51 - Bitcoin as a Unit of Account
8:39 - FASB, Microstrategy, and Public Markets
14:22 - Bitcoin vs Gold
17:48 - How do You Value a Company?
20:13 - What is a Veblen Good?
22:50 - Bitcoin: Organic Viral Adoption
29:23 - The Blocksize Wars: Bitcoin vs Everything
34:19 - The Importance of Vision and Self-Image
If you want to learn more or connect, visit my website: https://jakewoodhouse.io/