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The "What is Money?" Show

The Most Important Question in the World Today | Episode 12 | (WiM540)

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

🗓️ 17 December 2024

⏱️ 108 minutes

🧾️ Download transcript

Summary

"What is Money?" is the rabbit that leads us down the proverbial rabbit hole. It is the most important question for finding truth in the world. In this series, we will pursue this "rabbit" by engaging in a diversity of deep conversations with deep thinkers from different walks of life.

Transcript

Click on a timestamp to play from that location

0:00.0

And then I was like, holy shit, they call money trust. This is interesting. And I just had this

0:04.7

epiphany come over me. Money is almost a way in which we extend human rationality into the

0:10.2

material domain. Money is as subjective as any other economic good. And we as human beings imbue it

0:16.8

with value. I would argue that money is the technology that prices in all other technologies.

0:22.2

Money is a reflection or a mirror of the economy it serves. And I'm like, wait, yeah, what is money?

0:26.6

Is it just that piece of paper? And that's why money is so confusing to people.

0:31.1

Money is the tool we use to collaborate to fulfill our very purpose, to expand even.

0:36.9

Money is just a means to an end.

0:38.3

Protocol infrastructure for interactivity, a leader of who owns, home, value.

0:44.3

Money is the tool for capital formation.

0:48.3

Money is energy. Money is very much power. It's the hive mind of humanity.

0:52.3

What is money? Is it a store of value? Is it a

0:55.1

medium of exchange? Is it a unit of account? I don't believe money is the root of all evil.

0:59.5

It could be argued that money is the root of all good. I was programmed from a very young age

1:07.7

that abundance was bad.

1:11.6

appearing that you had things you didn't need was bad.

1:16.6

And so that had me reject abundance most of my life.

1:22.6

I've only come out of that in the last few years.

1:26.6

And so I would sabotage incredible opportunities or I would, you know,

1:33.4

I would make a lot of money. When I was in Hollywood, I was making a lot of money, but I just blew it.

1:39.5

I just blew it. I didn't invest in anything. I didn't want to have that proof that I had stuff I didn't need.

1:47.0

And so I would just blow every big paycheck I had.

...

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