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The "What is Money?" Show

Bitcoin is Digital Real Estate with Leon Wankum (WiM291)

The "What is Money?" Show

Robert Breedlove

Bitcoin, Breedlove, What Is Money, Investing, Rabbit Hole, Cryptocurrency, Money, Finance, Education, Robert Breedlove, History

4.8710 Ratings

🗓️ 24 March 2023

⏱️ 61 minutes

🧾️ Download transcript

Summary

In this episode, Leon Wankum joins me to discuss Bitcoin’s influence on the real estate business, how the traditional real estate business model is changing with the Bitcoin concept, the prospect of digital real estate, the consequences of bad money, and compatibility of Bitcoin with ethical and religious beliefs.

Transcript

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0:00.0

for the people listening, it might sound a bit extreme saying we're living under financial

0:03.8

oppression. But I believe the way that we, sort of what you said, the way that we are able

0:08.8

to reflect now on those things that happened in Rome in a few decades or maybe in a few hundred years,

0:17.0

people will look back at today. And they will think the same way about today as we think about

0:22.2

Rome and if you would go even go a hundred years back you know the history a hundred years back

0:27.7

I mean it was so cruel first world war was just a hundred years ago and today we we can't imagine

0:34.1

something like that to happen so I think in a hundred years we will look back at today and we will reflect on the fiat system and we'll be thinking okay you know what happened there yeah

0:43.4

agreed completely um where do you think we are right now though do you think it's going to be

0:51.2

like darker before the dawn things are going to get worse before they get better or how do

0:54.7

you how are you looking at the next few decades no i'm difficult to predict the future but

1:01.0

unfortunately i think yes i think the way that um the way that humans work is we have to learn the hard

1:09.7

way and also the way that people understand

1:13.6

Bitcoin is through negative experiences with the Fiat system. Three years ago at the start of COVID,

1:23.6

you know, I felt so, so pressure to pressure to tell everybody you know about bitcoin and so forth

1:30.2

and then and everybody was dismissive about bitcoin and you know also the whole narrative of

1:35.3

inflation being transitory and so forth and now three years later people understand

1:40.4

inflation is not transitory by By definition, it can't be.

1:56.9

Hey everybody. Welcome to the What is Money Show. I am thrilled to have you here joining me on my mission to help shine light on the collection of money. Now, if this is your first time listening to The What Is Money Show,

2:03.2

I strongly recommend that you go back to episodes one through nine first,

2:08.4

which lays a lot of the groundwork for many of the concepts that we explore on the show.

2:12.6

These first nine episodes are my series with Michael Saylor,

2:16.0

and thousands of people have told me that this is the best podcast series they've ever heard, hands down, and that it was instrumental to their understanding of money and Bitcoin.

...

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