Michael Sutherlin

Headshot of Mr Sutherlin taken from the show

Episode #43

30/04/2025

"time-preference and the fiat trap"

Bitcoin vs Broken Money: Orange-Pilling the World

Interview with podcaster Michael Sutherlin about bitcoin
Headshot of Mr Sutherlin taken from the show
Headshot of Mr Sutherlin taken from the show

In Episode 43 of The Jake Woodhouse Podcast, Michael Sutherlin and I explore what it’s like living and working abroad, how Bitcoin empowers people in the developing world, and the personal changes that come from adopting a low-time-preference mindset. We discuss the insanity of working for something that someone else can print, Lyn Alden’s book “Broken Money”, and how to escape the fiat trap. We also dive into producing “The Jake Woodhouse Podcast”, the rise of digital censorship, and our future vision for the Podcast.

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TIMESTAMPS:

0:00 – Living Abroad in Vietnam

7:18 – Bitcoin in the Developing World

11:27 – Personal Change After Adopting Bitcoin

16:01 – The True Meaning of Health

20:24 – Working For Something That Someone Else Can Print

25:38 – Broken Money

36:40 – The Threat of Using Broken Money

42:06 – Escape the Fiat Trap

46:09 – Producing the Jake Woodhouse Podcast

56:03 – Digital Censorship

1:00:30 – How to Connect with Michael

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Jake sits down with Michael Sutherland, producer of The Jake Woodhouse Podcast, to discuss life abroad in Vietnam, the freedom of working remotely, and how Bitcoin changes everything—from your relationship with money, to your health, to your purpose.

Michael shares why he left corporate America for Da Nang, Vietnam, embracing the digital nomad lifestyle in search of better value: earning in dollars, spending in dong, and saving in Bitcoin. He reflects on how outsourcing tasks like cooking and laundry lets him double down on high-leverage work while improving his physical and mental health. But life in Vietnam isn’t just practical—it’s also philosophical. Living among locals who spend what they earn immediately, Michael has seen firsthand how broken money destroys long-term planning and reinforces the fiat trap. In contrast, Bitcoin offers a “savings technology” that empowers people to reclaim their time and sovereignty.

Jake and Michael also dive into Broken Money by Lyn Alden, covering the origins of money, the evolution from oral ledgers to barter to shells, and how those systems repeatedly failed due to technological exploitation—just like fiat currencies today. The big insight? You’re already playing the game of money, whether you like it or not—and if your money can be printed by someone else, you’re getting exploited.

The conversation finishes with a behind-the-scenes breakdown of how this podcast is produced, from recording and editing to titling and distributing clips across platforms. As Michael puts it, producing a podcast isn’t just about publishing content—it’s about packaging insights in a way that earns attention, builds trust, and creates value over time. In a world where digital censorship looms large, Bitcoin is your savings account, and podcasting is your brand.