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The "What is Money?" Show
Can The State Stop Bitcoin? with Robert Breedlove (WiM408)
Dec 13, 2023
Robert Breedlove, an expert on the current financial system, discusses the problems with fiat money-induced psychosis and whether states can stop Bitcoin. They delve into topics such as Bitcoin's price, the governance model, and Bitcoin's potential to discourage war profits. The chapters also cover the influence of Bitcoin on capital distribution, governance, and the potential impact of a spot Bitcoin ETF.
01:08:30
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Quick takeaways
- Bitcoin's decentralization can make war less profitable and promote peace and trade.
- Fiat currency distorts reality and incentivizes coercion, while Bitcoin empowers individuals towards productivity and a rational, peaceful society.
Deep dives
Bitcoin as a Powerful Defense Against War
Bitcoin's decentralized nature and difficulty to seize make it less profitable and more challenging to fund wars compared to a gold standard. In a war scenario, refugees often leave behind their wealth to escape the conflict. However, if refugees had access to digital wealth like Bitcoin, they could easily carry their wealth with them, making war less profitable. This highlights the significant role Bitcoin plays in reorganizing human actions away from coercion, violence, and towards cooperation, peace, and trade.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode