The Real Reason the US Gov't Fears Bitcoin — It Isn't What You Think | Robert Breedlove

Dave Rubin of "The Rubin Report" talks to Robert Breedlove, host of the "What Is Money?" podcast, about his move to Florida and the benefits of living in a red state post-pandemic; his career in finance, his focus on Bitcoin, and his belief in economic freedom; why Keynesian economics is a pseudoscience; what young people can learn from Austrian economics; the importance of individual incentives; the danger of government overreach; why the ideals of life, liberty, and property are essential for societal progress; Bitcoin's nature and value; why Bitcoin can best be described as the "internet of money," allowing decentralized, permissionless transactions; why Bitcoin is the equivalent of digital gold; Bitcoin's properties and advantages over traditional money; why holding Bitcoin contributes to its value growth; why other cryptocurrencies will fail for lacking decentralization; his concerns about Central Bank Digital Currencies being used as tools for state control, drawing parallels with China's social credit system and warning of potential surveillance and manipulation; inflation, interest rates, and economic inefficiencies; why the central planning of interest rates is similar to failed Soviet price controls; why interest rates should be market-determined, reflecting true supply and demand; how government deficits and money printing disrupt economic competition, leading to inefficient capital allocation; why he advocates for studying money and Bitcoin; why Bitcoin is necessary as a hedge against centralized economic mismanagement; and much more.

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