The Game Theory of Bitcoin Adoption with George Gammon (WiM280)
The "What is Money?" Show
The Line in the Sand
"It's not as simple as, Oh, I'll just give Chipotle cash and then who cares," he says. "If you want to unplug from this network, you're going to have to go somewhere else." He encourages people to start planning for this right now.
In this episode, we discuss the importance of voting with your wallet, how Bitcoin will impact the size of the Government, the moral hazard of CBDCs, and how to prepare yourself for an uncertain future.
George Gammon is an entrepreneur and investor who has years of experience investing across multiple countries.
// GUEST //
George's YouTube: https://www.youtube.com/@GeorgeGammon/
George's Twitter: https://twitter.com/GeorgeGammon/
// SPONSORS //
iCoin Hardware Wallet (use discount code BITCOIN23): https://www.icointechnology.com/
Ledn: https://www.ledn.io/
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Wasabi Wallet: https://wasabiwallet.io/
Join Me At Bitcoin 2023 in Miami (use discount code BREEDLOVE): https://b.tc/conference/
LMNT: https://drinklmnt.com/breedlove
Casa (use discount code BREEDLOVE): https://keys.casa/
Bitcoin Apparel (use discount code BREEDLOVE): https://thebitcoinclothingcompany.com/
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The Carnivore Bar: https://shorturl.at/cqCQV
// OUTLINE //
00:00:00 - Coming up
00:01:38 - Intro
00:03:11 - Secure Your Bitcoin Stash with The iCoin Hardware Wallet
00:04:08 - Do More with Your Digital Assets with Ledn
00:04:53 - Introducing George Gammon
00:05:14 - Voting with Ballots vs. Voting with Wallets
00:14:48 - Defining The Overgrowth of Government
00:17:38 - How Bitcoin Will Impact the Size of the Government
00:27:08 - Hidden Inflation Problems
00:33:35 - What's Happening in Turkey
00:35:57 - Exported Purchasing Power Debasement
00:38:25 - Financial Incentives to Get Out of The Fiat System
00:44:53 - Getting Ahead of the Herd Mentality
00:47:32 - The Hurdles and Incentives For Bitcoin and Gold
00:58:07 - Everybody Has a Different Portfolio
01:03:44 - Take Control of Your Healthcare with CrowdHealth
01:04:45 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet
01:05:21 - A Chance To Win Discounted Tickets to The Bitcoin 2023 Conference and 10M SATS
01:06:17 - Replenish Your Body's Electrolytes with LMNT
01:07:08 - Hold Bitcoin in the Most Secure Custody Model with Casa
01:07:56 - The Moral Hazard of CBDCs and Fiat Currencies
01:14:26 - The Draconian Central Bank Ledger System
01:25:34 - How CBDCs Will Be Implemented
01:38:57 - Planning for Escaping the System
01:48:53 - The Good News for the People
01:57:39 - Planting the Seed Locally
02:05:33 - Where to Find George's Work
// PODCAST //
Podcast Website: https://whatismoneypodcast.com/
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// SUPPORT THIS CHANNEL //
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// WRITTEN WORK //
Medium: https://breedlove22.medium.com/
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// SOCIAL //
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