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Unpredictability and the Long View
The speaker reflects on their surprise and confusion about the recent movement of Bitcoin's price, comparing it to the unpredictability of the game Dark Souls. They emphasize the importance of remembering the long view and fundamentals of Bitcoin.
My friend and fellow student of money codenamed "Lester" joins me for a multi-episode conversation exploring the excellent book "The Twilight of Gold" by Melchior Palyi.
// GUEST //
Twitter: https://twitter.com/ProgrammableTx
Book: https://www.amazon.com/dp/B0006C31O4
// SPONSORS //
In Wolf's Clothing: https://wolfnyc.com/
NetSuite: https://netsuite.com/whatismoney
iCoin Hardware Wallet (use discount code BITCOIN23): https://www.icointechnology.com/
Mind Lab Pro: https://mindlabpro.com/breedlove
CrowdHealth: https://www.joincrowdhealth.com/breedlove
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
00:00:58 - Intro
00:02:31 - Helping Lightning Startups with In Wolf's Clothing
00:03:17 - Current Situation of the Bitcoin Market Price
00:07:30 - Decay of the System: Vietnam War and FTX Scandal
00:36:42 - Self-Preservation and Self-Deception
00:38:30 - The Oracle for Truth
00:43:54 - The Predictability of Assets
00:45:51 - Run Your Business from Anywhere with NetSuite
00:46:56 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet
00:47:52 - Myth Two: Capitalism & the Great Depression
00:53:26 - Price Camouflage in 20th Century
01:00:15 - Inflation Harvests Additional Productivity
01:04:46 - Economic Theory and Observational Data
01:07:15 - Why Fractional Reserve Banking is Insolvent and Fraudulent
01:19:32 - Enhance Your Brain Power with Mind Lab Pro
01:20:39 - Take Control of Your Healthcare with CrowdHealth
01:21:41 - Increase in Total Outstanding Reserve
01:23:46 - 10 Ways to Control Total Bank Reserve
01:28:41 - Main Inflationary Factor
01:33:33 - Britain's Switch Back to Gold Standard
01:38:29 - Uncontrolled Factors and Increase in Controlled Reserves
01:42:29 - The Deflationary Period
01:44:41 - The Great Depression: Why and How
01:46:35 - Bad Outcomes of Central Planning
01:50:45 - Missing the Perspective of Consequences
// 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
// SUPPORT THIS CHANNEL //
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/RBreedlove
// WRITTEN WORK //
Medium: https://breedlove22.medium.com/
Substack: https://breedlove22.substack.com/
// 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
All My Current Work: https://vida.page/breedlove22
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