The Jacob Shapiro Podcast

The Government Is Coming For Your [insert asset here]

10 snips
Oct 7, 2025
Join Matt McClintock, founder of the Bespoke Group and Bitcoin sovereignty expert, as he revolutionizes the understanding of Bitcoin’s role in today’s geopolitical landscape. They discuss Bitcoin's evolution from a mere digital currency to a tool of personal freedom, especially in oppressive regimes. Delve into why Bitcoin is deemed 'freedom money,' the tension between personal sovereignty and state control, and the importance of legal compliance for Bitcoin holders. With insights on the future of fiat and cryptocurrency, this conversation is both enlightening and provocative.
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INSIGHT

Bitcoin Is Permissionless Money

  • Bitcoin is an open-source, permissionless protocol with no central issuer and decentralized validation via miners and nodes.
  • It enables peer-to-peer electronic cash with near-final settlement and removes intermediary rent and permission friction.
INSIGHT

Scarcity Built Into The Protocol

  • Satoshi encoded monetary scarcity by capping supply at 21 million bitcoins and issuing them via mining block rewards.
  • Divisibility into sats preserves usability while preserving a finite monetary base that contrasts with fiat inflation.
ANECDOTE

Buying A Car With Bitcoin

  • Matt bought a car directly in person by sending bitcoin from his wallet to the seller's wallet and received instant settlement after confirmation.
  • The fee was under $1 and the seller accepted the transaction as final without intermediaries.
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