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The "What is Money?" Show

Sound Money for an Unsound World with Robert Breedlove (WiM348)

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

🗓️ 4 August 2023

⏱️ 48 minutes

🧾️ Download transcript

Summary

In this interview with Eric Rice, we are trying to answer the question "What is Money?". We discuss the problems with central planning and corruption of money, and why we need Bitcoin.

Transcript

Click on a timestamp to play from that location

0:00.0

However, I think all shitcoins, which are all non-bitcoin cryptos, owned by a company

0:05.9

that have a board of directors.

0:07.5

Centurally planned, centrally controlled.

0:09.6

They're basically digital fiat.

0:11.1

Yes.

0:11.4

And indeed, things like Ethereum are being used in certain countries to launch central bank

0:16.7

digital currencies on that platform.

0:18.3

Yes, XRP too, ripple.

0:19.6

It's the rail system for a CBDC.

0:21.6

Right.

0:22.6

And so the fundamental distinction between Fiat, crypto, and Bitcoin over here is that no one can

0:30.6

change the rules of Bitcoin.

0:32.4

That's the beauty of it.

0:33.3

No one can change 21 million.

0:37.1

Nodes are choosing individually which rules to run, which rules benefit them.

0:41.3

And the social consensus of that rule selection is Bitcoin.

0:45.4

So it's kind of like the purest democracy you've ever had in a way. 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 corruption of money.

1:07.6

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

1:12.1

that you go back to episodes one through nine first, which lays a lot of the groundwork

1:17.5

for many of the concepts that we explore on the show. These first nine episodes are my series

1:22.0

with Michael Saylor, and thousands of people have told me that this is the best podcast series

1:27.2

they've ever heard,

...

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