The "What is Money?" Show

Radical Transparency | Principles of Bitcoin Series | Episode 4 (WiM257)

Episode Summary

In this series titled "Principles of Bitcoin" I will be doing a deep dive on my written work "An Open Letter To Ray Dalio re: Bitcoin" which explores money, economics, and Bitcoin through the lens of Ray Dalio's stated principles on life and work.

Episode Notes

In this series titled "Principles of Bitcoin" I will be doing a deep dive on my written work "An Open Letter To Ray Dalio re: Bitcoin" which explores money, economics, and Bitcoin through the lens of Ray Dalio's stated principles on life and work.

GUEST:
"An Open Letter to Ray Dalio Regarding Bitcoin": https://breedlove22.medium.com/an-ope...
Ray Dalio's book "Principles": https://www.amazon.com/Principles-Lif...
Robert's Twitter: https://twitter.com/Breedlove22
Robert's Website: https://vida.page/breedlove22

PODCAST: 
Podcast Website: https://whatismoneypodcast.com/
Apple Podcast: https://podcasts.apple.com/us/podcast...
Spotify: https://open.spotify.com/show/25LPvm8...
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Outline: 
00:00:00 “What is Money?” Intro Music 
00:00:08 “What is Money?” Intro Message 
00:00:54 Do More with Your Digital Assets with Ledn 
00:01:39 The Principle of Radical Transparency 
00:01:56 Three Main Structural Elements of Capitalism 
00:03:22 The Ruleset for Free Market Capitalism and its Opposite 
00:05:53 A Problem with U.S. Dollar 
00:11:43 The Importance of Transparent Monetary Network 
00:13:07 Why the Central Bank Hates Bitcoin 
00:15:06 The Purely Transparent Alternative to the Opacity of Central Banking 
00:19:33 The Biggest Scam in Human History 
00:20:23 The Essence of Bitcoin’s Utility 
00:23:04 Take Control of Your Healthcare with CrowdHealth 
00:24:06 A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet 
00:24:41 Invest in the Fine Art Market with Masterworks 
00:25:17 Hold Bitcoin is the Most Secure Custody Model with Casa 
00:26:05 Why Central Banks Lack Believability Weighted Decision-Making 
00:31:51 Factual Realities vs Opinions in Money 
00:35:32 The Reason Central Bankers Cannot Be Believed 
00:38:53 Why "Skin in the Game" Matters to Believability 
00:44:56 The Idea Meritocracy and its Free Market Equivalent 
00:49:00 A Question to Ray Dalio About Bitcoin 
00:50:55 "What is Money?" Outro

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Ledn lets you do more with your digital assets: https://www.ledn.io/
CrowdHealth offers an innovative health insurance model based on Bitcoin and community: https://www.joincrowdhealth.com/breed...
Wasabi Wallet is a Bitcoin wallet with privacy built-in by default: https://wasabiwallet.io/
Masterworks let you access the fine art market at more affordable price points (use discount code BREEDLOVE): https://www.masterworks.com
Casa is the most secure way to custody your Bitcoin (use discount code BREEDLOVE): https://keys.casa/
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