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Is the Dollar System Trusted?
The system that is devoid of counterparty risk becomes the most trusted. That's kind of what gold was historically, right? No one could change its issuance schedule. And then once you can't redeem the dollar for anything, we get into this fiat conundrum where we're just expanding the dollar supply ad infinitum.
Parker Lewis is the Head of Business Development at Unchained Capital. We discuss the cascade of consequences when government inflates the currency and how Bitcoin solves these problems.
GUEST:
Parker's Written Work: https://bitcoiner.ghost.io/bitcoin-is-not-a-hedge/
Parker's Twitter: https://twitter.com/parkeralewis/
PODCAST:
Podcast Website: https://whatismoneypodcast.com/
Apple Podcast: https://podcasts.apple.com/us/podcast...
Spotify: https://open.spotify.com/show/25LPvm8...
RSS Feed: https://feeds.simplecast.com/MLdpYXYI
Outline:
00:00:00 “What is Money?” Intro Music
00:00:08 “What is Money?” Intro Message
00:01:40 Do More with Your Digital Assets with Ledn
00:02:24 Introducing Parker Lewis
00:04:00 Why Bitcoin is Not a Hedge But a Solution To Inflation
00:11:56 Advantages of Trustless System vs Black Box System
00:14:36 How Government Destroyed a Hedge Against Uncertainty
00:22:48 Take Control of Your Healthcare with CrowdHealth
00:23:50 A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet
00:24:25 A Chance To Win Discounted Tickets to The Bitcoin 2023 Conference and 10M SATS
00:25:22 Hold Bitcoin in the Most Secure Custody Model with Casa
00:26:10 Risks Associated With Printing Money
00:31:38 Forcing People Into Taking Risks
00:34:23 Hidden Cascade of Consequences
00:36:02 Understanding The Most Certain and Hyper-Intuitive Money
00:41:36 A Weird Time in History And Peace of Mind
00:46:35 Where To Find Parker’s Work
00:47:14 "What is Money?" Outro
SOCIAL:
Breedlove Twitter: https://twitter.com/Breedlove22
WiM? Twitter: https://twitter.com/WhatisMoneyShow
LinkedIn: https://www.linkedin.com/in/breedlove22/
Instagram: https://www.instagram.com/breedlove_22/
TikTok: https://www.tiktok.com/@breedlove22?l...
All My Current Work: https://vida.page/breedlove22
WRITTEN WORK:
Medium: https://breedlove22.medium.com/
Substack: https://breedlove22.substack.com/
WAYS TO CONTRIBUTE:
Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7
Sats via Strike: https://strike.me/breedlove22
Sats via Tippin.me: https://tippin.me/@Breedlove22
Dollars via Paypal: https://www.paypal.com/paypalme/RBree...
Dollars via Venmo: https://venmo.com/code?user_id=178435...
The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=328431...
RECOMMENDED BUSINESSES:
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/breedlove
Wasabi Wallet is a Bitcoin wallet with privacy built-in by default: https://wasabiwallet.io/
Join Me At Bitcoin 2023 in Miami, and use discount code BREEDLOVE for a chance to win 10M sats: https://b.tc/conference
Casa is the most secure way to custody your Bitcoin (use discount code BREEDLOVE): https://keys.casa/
Buy High Quality Bitcoin Apparel Here (use discount code BREEDLOVE): https://thebitcoinclothingcompany.com/?sca_ref=2744763.jDn5JzDZxS
Try Feel Free Tonics, a Great Alternative to Alcohol and Caffeine (use discount code BREEDLOVE): https://botanictonics.com
The Only Snack Bar I Will Eat—The Carnivore Bar: https://the-carnivore-bar.myshopify.com/?sca_ref=3135331.u66L01muXY
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Listen to the best highlights from the podcasts you love and dive into the full episode