Bitcoin & What Money is - GOOD! 🌟 Not Evil 🚫 | The Money Speech 💸 from Ayn Rand’s “Atlas Shrugged” 📖

Bitcoin & What Money is - GOOD! 🌟 Not Evil 🚫 | The Money Speech 💸 from Ayn Rand’s “Atlas Shrugged” 📖

Released Thursday, 2nd January 2025
Good episode? Give it some love!
Bitcoin & What Money is - GOOD! 🌟 Not Evil 🚫 | The Money Speech 💸 from Ayn Rand’s “Atlas Shrugged” 📖

Bitcoin & What Money is - GOOD! 🌟 Not Evil 🚫 | The Money Speech 💸 from Ayn Rand’s “Atlas Shrugged” 📖

Bitcoin & What Money is - GOOD! 🌟 Not Evil 🚫 | The Money Speech 💸 from Ayn Rand’s “Atlas Shrugged” 📖

Bitcoin & What Money is - GOOD! 🌟 Not Evil 🚫 | The Money Speech 💸 from Ayn Rand’s “Atlas Shrugged” 📖

Thursday, 2nd January 2025
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Episode Transcript

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0:00

Money is the the root of all evil. it's

0:02

not. It's actually quite It's actually

0:04

quite the opposite. to set going to set

0:06

the record straight Hello, I'm Hello, I'm

0:08

and in this video, we are going

0:10

to explore one of the best,

0:12

quite possibly the best speech about speech

0:14

in money book, Ayn Rand's book, that was given

0:16

by that was given by character Francisco, response to

0:18

overhearing someone say that money is the

0:21

root of all evil. is the root of

0:23

hit it. evil. Let's hit it. Sit

0:26

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for us. Sweet. All All right,

1:17

after overhearing someone saying that money is

1:19

the root of all evil, of this

1:22

infamous money speech ensued. So, you you think

1:24

money is the root of all evil? evil?

1:26

said Francisco, Have you ever asked, ever what

1:28

is the root of of Money is

1:30

a tool of exchange, which can't exist

1:32

unless there are goods produced and men

1:34

able to produce them. Money is the

1:36

material shape of the principle that men

1:39

who wish to deal with one another

1:41

with deal by trade and give value

1:43

for value. Money is not the tool

1:45

of the tool of claim your... who by

1:47

tears, or of the or of the take

1:49

it from you by force. you by is

1:51

made possible only by the men

1:53

who produce. who produce. Is this what you

1:55

consider evil? When you accept money and

1:57

payment for your effort, you do

1:59

so. so... only on the conviction that you will

2:02

exchange it for the product of the

2:04

effort of others. It is not the

2:06

moocers or the looters who give value

2:08

to money. Not an ocean of tears,

2:10

not all of the guns in the

2:12

world can transform those pieces of paper

2:14

in your wallet into bread you will

2:16

need to survive tomorrow. Those pieces of

2:18

paper, which should have been gold, are

2:21

a token of honor, your claim upon

2:23

the energy of the men who produce.

2:25

Your wallet is your statement of hope

2:27

that somewhere in the world around you,

2:29

there are men who will not default

2:31

on that moral principle, which is the

2:33

root of money. Is this what you

2:35

consider evil? Have you ever looked for

2:37

the root of production? Take a look

2:39

at an electric generator and dare tell

2:42

yourself that it was created by the

2:44

muscular effort of unthinking roots. Try to

2:46

grow a seed of wheat without the

2:48

knowledge left to you by men who

2:50

had to discover it for the first

2:52

time. Try to obtain your food by

2:54

means of nothing but physical motions. And

2:56

you'll learn that man's mind is the

2:58

root of all goods produced and of

3:00

all the wealth that has ever existed

3:03

on earth. But you say that money

3:05

is made by the strong at the

3:07

expense of the week? What strength do

3:09

you mean? It is not the strength

3:11

of guns or muscles. Wealth is the

3:13

product of man's capacity to think. Then

3:15

is money made by the man who

3:17

invents a motor at the expense of

3:19

those who did not invent it? Is

3:21

money made by the intelligent at the

3:24

expense of the fulls? By the able

3:26

at the expense of the incompetent? By

3:28

the ambitious at the expense of the

3:30

expense of the lazy. Money is made

3:32

before it can be looted or mooched,

3:34

made by the effort of every honest

3:36

man, each to the extent of his

3:38

ability. An honest man is one who

3:40

knows that he can't consume more than

3:42

he has produced. To trade by means

3:44

of money is the code of the

3:47

men of goodwill. Money rests on the

3:49

axiom that every man is the owner

3:51

of his mind and his effort. Money

3:53

allows no power to prescribe the value

3:55

of your effort, except the voluntary choice

3:57

of the man who is willing to

3:59

trade you. his effort in return. Money

4:01

permits you to obtain for your goods

4:03

and your labor that which you are

4:05

worth to the men who buy them,

4:08

but no more. Money permits no deals

4:10

except those to mutual benefit by the

4:12

unforced judgment of the traders. Money demands

4:14

of you the recognition that men must

4:16

work for their own benefit, not for

4:18

their own injury, not for their loss.

4:20

The recognition that they are not beasts

4:22

of burden born to carry the weight

4:24

of your misery, that you must offer

4:26

them values, not wounds, that the common

4:29

bond among men is not the exchange

4:31

of suffering, but the exchange of goods.

4:33

Money demands that you sell, not your

4:35

weakness to men's stupidity, but your talent

4:37

to their reason. It demands that you

4:39

buy, not the shodiest they offer, but

4:41

the best that your money can find.

4:43

And when men live by trade, with

4:45

reason, not force, as their final arbitrator,

4:47

It is the best product that wins,

4:50

the best performance, the man of best

4:52

judgment and high stability. And the degree

4:54

of a man's productiveness is the degree

4:56

of his reward. This is the code

4:58

of existence whose tool and symbol is

5:00

money. Is this what you consider evil?

5:02

But money is only a tool. It

5:04

will take you wherever you wish, but

5:06

it will not replace you as the

5:08

driver. It will give you the means

5:11

for the satisfaction of your desires, but

5:13

it will not provide you with desires.

5:15

Money is the scourge of the men

5:17

who attempt to reverse the law of

5:19

causality. The men who seek to replace

5:21

the mind by seizing the products of

5:23

the mind. Money will not purchase happiness

5:25

for the man who has no concept

5:27

of what he wants. Money will not

5:29

give him a code of values. If

5:32

he's evaded the knowledge of what to

5:34

value. And it will not provide him

5:36

with a purpose. If he's evaded... the

5:38

choice of what to seek. Money will

5:40

not buy intelligence for the fool or

5:42

admiration for the coward or respect for

5:44

the incompetent. The man who attempts to

5:46

purchase the brains of his superiors to

5:48

serve him with his money replacing his

5:50

judgment ends up by becoming the victim

5:53

of his inferiors. The men of intelligence

5:55

desert him, but the cheats... and the

5:57

frauds come flocking to him, drawn by

5:59

the law which he has not discovered,

6:01

that no man may be smaller than

6:03

his money. Is this the reason why

6:05

you call it evil? Only the man

6:07

who does not need it is fit

6:09

to inherit wealth. The man who would

6:11

make his own fortune no matter where

6:14

he started. If an heir is equal

6:16

to his money, it serves him. If

6:18

not, it destroys him. But you look

6:20

on and you cry that money corrupted

6:22

him? Did it? Do not envy a

6:24

worthless heir. His money is not yours

6:26

and you would have done no better

6:28

with it. Do not think that it

6:30

should have been distributed among you. Loading

6:32

the world with 50 parasites instead of

6:35

one would not bring back the dead

6:37

virtue which was the fortune. Money is

6:39

a living power that dies without its

6:41

root. Money will not serve the mind

6:43

that cannot match it. Is this the

6:45

reason why you call it evil? Money

6:47

is your means of survival. The verdict

6:49

you pronounce upon the source of your

6:51

livelihood is the verdict you pronounce upon

6:53

your life. If the source is corrupt,

6:56

you have damned your own existence. Did

6:58

you get your money by fraud? By

7:00

pandering to men's vices or men's stupidity?

7:02

By catering to fools and the hope

7:04

of getting more than your ability deserves?

7:06

By lowering your standards? By doing work

7:08

you despise for purchasers your scorn? If

7:10

so, then your money will not give

7:12

you a moment or a penny's worth

7:14

of joy. Then all the things you

7:17

buy will become not a tribute to

7:19

you, but a approach, not an achievement,

7:21

but a reminder of shame. Then you'll

7:23

scream that money is evil. Evil because

7:25

it would not pinch hit for your

7:27

self-respect. Evil because it would not let

7:29

you enjoy your depravity? Is this the

7:31

root of your hatred of money? Money

7:33

will always remain in effect and refuse

7:35

to replace you as the cause. Money

7:38

is the product of virtue, but it

7:40

will not give you virtue and it

7:42

will not redeem your vices. Money will

7:44

not give you the unearned, neither in

7:46

matter nor in spirit. Is this the

7:48

root of your hatred of money? Or

7:50

did you say it's the love of

7:52

money that's the root? of all evil.

7:54

To love a thing is to know

7:56

and love its nature. To love money

7:59

is to know and love the fact

8:01

that money is the creation of the

8:03

best power within you and your past

8:05

key to trade your effort for the

8:07

effort of the best among men. It's

8:09

the person who would sell his soul

8:11

for a nickel who is loudest in

8:13

proclaiming his hatred of money and he

8:15

has good reason to hate it. The

8:17

lovers of money are willing to work

8:20

for it. They know they are able

8:22

to deserve it. on a clue to

8:24

men's characters. The man who dammed money

8:26

has obtained it dishonorably. The man who

8:28

respects it has earned it. Run for

8:30

your life from any man who tells

8:32

you that money is evil. The sentence

8:34

is the leper's bell of an approaching

8:36

looter. So long as men live together

8:38

on earth and need means to deal

8:41

with one another, their only substitute if

8:43

they abandon money is the muzzle of

8:45

a gun. But money demands of you

8:47

the highest virtues. If you wish to

8:49

make it. or to keep it. Men

8:51

who have no courage, pride, or self-esteem,

8:53

men who have no moral sense of

8:55

their right to their money and are

8:57

not willing to defend it as they

8:59

defend their life, men who apologize for

9:02

being rich, will not remain rich long.

9:04

They are the natural bait for swarms

9:06

of looters that stay under rocks for

9:08

centuries, but come crawling out at the

9:10

first smell of a man who begs

9:12

to be forgiven for the guilt of

9:14

owning wealth. They will hasten to relieve

9:16

him of the guilt. and of his

9:18

life as he deserves. Then you will

9:20

see the rise of the men of

9:22

the double standard, the men who live

9:25

by force, yet count on those who

9:27

live by trade to create the value

9:29

of their looted money, the men who

9:31

are hitchhikers of virtue. In moral society,

9:33

these are the criminals and the statutes

9:35

are written to protect you against them.

9:37

But when a society establishes criminals by

9:39

right and looters by law, men who

9:41

use force to seize the will, of

9:43

disarmed victims, then money becomes its creator's

9:46

avenger. Such leaders believe it's safe to

9:48

rob defenseless men. Once they've passed a

9:50

law to disarm them, but their loot

9:52

becomes the magnet for other who get

9:54

it get it from

9:56

they as they got

9:58

it, then the

10:00

race goes to to

10:02

the ableist at production.

10:05

but but to those most ruthless at

10:07

brutality. When is is the standard, the

10:09

the murderer wins over the and then

10:11

and then that society vanishes a

10:13

a spread of ruins and slaughter. you

10:15

Do you wish to know whether

10:17

that day is coming? Watch money.

10:20

Money is the Money is the barometer

10:22

of a society's virtue. you When you see

10:24

that trading is done, not by consent,

10:26

but by compulsion. When When you see

10:28

that in order to produce, you need

10:30

to obtain permission from men who produce

10:32

nothing. When you see that money is

10:34

flowing to those who deal not in

10:36

goods, but in favors. When you see When you

10:38

see that men get richer by

10:40

graft pool then work, work laws your laws don't

10:42

protect you against them, but protect

10:44

them against you, when you see corruption

10:46

being rewarded and honesty becoming a

10:48

self -sacrifice, you may know that your

10:50

society is doomed. Money is so noble,

10:52

a medium, that it does not

10:54

compete with guns and it does not

10:57

make terms with brutality. It

10:59

will not permit a country to

11:01

survive as half half half loot.

11:03

loot. Whenever appear among men among men,

11:05

start by destroying money. money. for

11:07

money men's protection in the

11:09

base of a moral existence. Destroyers

11:11

seize gold and leave it to

11:14

its a counterfeit pile of paper.

11:16

all This kills all objective

11:18

standards and delivers men into

11:20

the arbitrary power of an

11:22

arbitrary setter of values. Gold was

11:24

an objective value. value, an equivalent of

11:26

wealth produced. Paper is a mortgage

11:28

on wealth that does not

11:30

exist, backed by a gun aimed

11:32

at those who are expected

11:34

to produce it. Paper is a

11:36

is drawn by by legal upon an

11:38

account which is not theirs.

11:41

Upon the virtue of the victims,

11:43

watch for the day. day when it bounces. marked,

11:45

overdrawn. And real quick, this And real quick, this is

11:47

absolutely what's happening to all of our

11:49

money in our bank accounts right now. Banks

11:51

don't keep it there for us. They

11:53

lend it out without our consent our will and

11:56

will a make a profit off of it.

11:58

And this also applies to any cryptocurrencies we leave. on

12:00

exchanges. If everyone withdrew all their crypto from

12:02

exchanges, there would not be enough to go

12:04

around. Multiple people are looking at the same

12:06

exact Bitcoin in their account on their phone

12:09

screens. This is why we need to transfer

12:11

our crypto off of exchanges to completely own

12:13

and control our digital assets on multiple hardware

12:16

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12:18

fibrous. And open accounts with the next generation

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12:22

completely free and easy to use that actually

12:25

keeps our money. Fiat currencies on our accounts

12:27

and actually keeps our cryptocurrencies in our accounts.

12:29

Stop being a victim of the corrupt, rigged,

12:32

failing traditional financial system and exit it while

12:34

you still can by using crypto wallets and

12:36

web three decentralized platforms. Using links below you

12:38

can access the correct and official sites and

12:41

redeem all the special offers they have for

12:43

a community. Cool, back to the speech. When

12:45

you have made evil the means of survival,

12:48

do not expect men to remain good. Do

12:50

not expect them to stay moral and lose

12:52

their lives for the purpose of becoming the

12:54

fodder of the immoral. Do not expect them

12:57

to produce. Where production is punished and looting

12:59

rewarded. Do not ask who is destroying the

13:01

world. You are. You stand in the midst

13:04

of the greatest achievements of the greatest productive

13:06

civilization. And you wonder why it's crumbling around

13:08

you? While you're damning its life blood. Money.

13:10

You look upon money as the savages did

13:13

before you and you wonder why the jungle

13:15

is creeping back. into the edge of your

13:17

cities. Throughout men's history, money was always seized

13:20

by looters of one brand or another, whose

13:22

names changed, but whose method remained the same.

13:24

To seize wealth by force and to keep

13:26

the producers bound, demean, defamed, deprived, deprived of

13:29

honor. That phrase about the evil of money

13:31

which you mouth with such righteous recklessness comes

13:33

from a time when wealth was produced by

13:36

the labor of slaves. Slaves who repeated the

13:38

motions once discovered by somebody's mind and left

13:40

unimproved for centuries. So long as production was

13:42

ruled by force and wealth was obtained by

13:45

conquest, there was little to conquer. Yet through

13:47

all the... centuries of stagnation and starvation, men

13:49

exalted the looters, as aristocrats of the sword,

13:51

as aristocrats of birth, as aristocrats of the

13:54

borough, and despised the producers as slaves, as

13:56

traders, as shopkeepers, as industrialists. To the glory

13:58

of mankind there was for the first in

14:01

only time in history a country of money,

14:03

and I have no higher, more reverent tribute

14:05

to pay to America, for this means a

14:07

country of reason, justice, freedom, production. achievement for

14:10

the first time man's mind and money were

14:12

set free and there were no fortunes by

14:14

conquest but only fortunes by work and instead

14:17

of swordsmen and slaves there appeared the real

14:19

maker of wealth the greatest work of the

14:21

highest type of human being the self-made man

14:23

the American industrialist if you asked me to

14:26

name the proudest distinction of Americans I would

14:28

choose because it contains all the others the

14:30

fact that they were the people who created

14:33

the phrase to make money. No other language

14:35

or nation had ever used these words before.

14:37

Men had always thought of wealth as a

14:39

static quantity. To be seized, begged, inherited, shared,

14:42

looted, or obtained as a favor. Americans were

14:44

the first to understand that wealth has to

14:46

be created. The words to make money hold

14:49

the essence of human morality. Yet these were

14:51

the words for which Americans were denounced by

14:53

the rotted cultures of the looters' continents. Now

14:55

the looters' credo has brought you to regard

14:58

your proudest achievements as a hallmark of shame,

15:00

your prosperity as guilt, your greatest men, the

15:02

industrialists as blackards, and your magnificent factories as

15:05

the product and property of muscular labor, the

15:07

labor of whip-driven slaves like the pyramids of

15:09

the pyramids of Egypt, the rotter who simpersimers

15:11

that he sees no difference between the power

15:14

of the power of the width, ought to

15:16

learn the difference on his own hide, as

15:18

I think he will. Until, and unless you

15:20

discover that money, is the root of all

15:23

good, you ask for your own destruction. When

15:25

money ceases to be the tool by which

15:27

men deal with one another, then men become

15:30

the tools of Blood, whips and guns.

15:32

Blood, and guns. guns? Blood,

15:34

whips, and guns? There is

15:36

other. And your time is Take

15:39

your choice. If you There

15:41

is no other. a And

15:43

your time is running

15:46

out. of how private If

15:48

you would like to

15:50

explore a full timeline

15:52

of events of how

15:55

private central banks like

15:57

the Federal Reserve our our

15:59

money out this are destroying

16:02

our society, check out

16:04

this video. If you

16:06

would like to learn

16:08

more about the next how

16:11

it is the next

16:13

generation of a better,

16:15

brighter global financial system,

16:18

check out this video.

16:20

And to get your

16:22

your crypto exchanges and and

16:24

your very own own tangermole,

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the link on the

16:29

screen. on the and subscribe

16:31

for more. for Be safe out there. there.

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