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The "What is Money?" Show

How Fiat Fails and Bitcoin Succeeds with Dylan LeClair (WiM370)

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

🗓️ 25 September 2023

⏱️ 51 minutes

🧾️ Download transcript

Summary

Dylan LeClair joins me to discuss the upcoming Bitcoin halving, the war narratives, the effects of political pressure on inflation, and the impact of derivative markets on Bitcoin price.

Transcript

Click on a timestamp to play from that location

0:00.0

Well, the thing with gold is, you know, I have it in my vault in London.

0:03.5

Yeah.

0:03.9

Right? And you're a buyer in New York.

0:06.4

Are you going to get, or, you know, somewhere internationally?

0:09.5

Or, you know, I'm a buyer in New York and my gold's in Chicago.

0:13.6

Are you going to demand custody of it?

0:16.0

I mean, maybe if you want to hire, you know, an armed brigade to give you the gold

0:22.5

and you store it in your vault and men with guns.

0:24.9

And Bitcoin, it's, you know, cost two bucks to move a billion.

0:30.0

And it's verifiable.

0:31.5

And you have custody mathematically in 10 minutes and even quicker.

0:36.5

Yeah. 10 minutes and even quicker.

0:47.3

Hey everybody. Welcome to The What is Money Show.

0:53.0

I am thrilled to have you here joining me on my mission to help shine light on the collection of money.

0:56.5

Now, if this is your first time listening to The What Is Money Show,

1:01.5

I strongly recommend that you go back to episodes 1 through 9 first,

1:05.8

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

1:09.1

These first nine episodes are my series with Michael Saylor,

1:12.3

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

1:18.1

of money and Bitcoin. So if you're looking to start a deep dive into the nature of money,

1:24.4

I don't think there's any place better that you can start other than

1:27.9

episode one of this show. Now, a little bit about this show and how it makes money. What is Money's

...

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