The Wheel of Money: Understanding Bitcoin as the First Perfect Circle of Money

Luke Broyles joins me to discuss the history of monetary addiction, why scarcity is the best attribute of Bitcoin, how technology connects us with past and future, and the game theory of Bitcoin. 

Luke Broyles is an author, investor, philosopher, and Bitcoin thinker. 

Luke’s film (“The Case for Bitcoin”) Geyser fundraising link: 
https://geyser.fund/project/caseforbitcoin 

Luke’s film (“The Case for Bitcoin”) fiat gofundme link: 
https://www.gofundme.com/f/educational-film-on-finances-inflation-bitcoin 

Twitter: https://twitter.com/luke_broyles 

YouTube: https://www.youtube.com/channel/UCTmQYBKMA0RirWUHK5-V85Q 

Luke’s consulting and coaching services: 
https://www.patreon.com/LukeBroyles 

LinkedIn: https://www.linkedin.com/in/luke-broyles-b0165a224

// SPONSORS // 
In Wolf's Clothing: https://wolfnyc.com/
iCoin Hardware Wallet (use discount code BITCOIN23): https://www.icointechnology.com/ 
Wasabi Wallet: https://wasabiwallet.io/ 
Casa (use discount code BREEDLOVE): https://keys.casa/ 
Bitcoin Apparel (use discount code BREEDLOVE): https://thebitcoinclothingcompany.com/ 
Feel Free Tonics (use discount code BREEDLOVE): https://botanictonics.com 
Carnivore Bar (use discount code BREEDLOVE): https://carnivorebar.com/ 

// OUTLINE // 
00:00:00 - Coming up 
00:00:26 - Intro 
00:01:59 - Helping Lightning Startups with In Wolf's Clothing 
00:02:45 - Introducing Luke Broyles 
00:04:42 - Unpacking Luke's Tweet about the Corruption of Money 
00:07:28 - The 4000 Years of Monetary Addiction 
00:09:24 - Bitcoin: An Idea Free from Human Control 
00:12:36 - Scarcity as the Strongest Attribute of Bitcoin 
00:15:17 - No Way to Monopolize Bitcoin 
00:19:11 - The Invention of Pure Money 
00:24:20 - Before and After Bitcoin 
00:27:02 - Bitcoin is a Paradigm Shift 
00:30:39 - Understanding the Value of Innovation 
00:32:19 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet 
00:33:16 - Bitcoin is a Perfect Economic Wheel 
00:37:11 - Unpacking Game Theory 
00:41:45 - The Financial Game Theory 
00:45:38 - Applying Game Theory to Bitcoin 
00:47:30 - The Bigger Gun Diplomacy 
00:51:03 - How Incentives Determine Human Behavior 
00:53:02 - Bitcoin’s Redundancy 
00:55:08 - Technology and its Connection to Past, Present and Future 
01:03:53 - Bitcoin's Time in History 
01:05:40 - The Greatest Human Shortcoming 
01:07:03 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet 
01:07:55 - Hold Bitcoin in the Most Secure Custody Model with Casa 
01:08:43 - Relationship of Exponential Function with Bitcoin Adoption 
01:11:04 - Never Too Late for Bitcoin 
01:15:32 - Prosperity and the Bitcoin Revolution 
01:18:10 - The Fiat Mindset 
01:20:39 - Why Bitcoin is The Pump Scheme 
01:22:02 - Currency Debasement and Hyperinflation 
01:23:54 - Crisis Leads to Alternative Solution 
01:28:32 - Upcoming Bitcoin Documentary by Luke 
01:32:31 - How to find Luke's Work

// PODCAST // 
Podcast Website: https://whatismoneypodcast.com/ 
Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400
Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE? 
RSS Feed: https://feeds.simplecast.com/MLdpYXYI

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// WRITTEN WORK // 
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