Proof of Health #17 Lyn Alden's Full Broken Money Thesis in under 50min
77 snips
Apr 2, 2025 
Lyn Alden, founder of Lyn Alden Investment Strategy and author of "Broken Money," dives deep into the flaws of our monetary system. She discusses how fiat currency fuels endless conflict and the risk of centralized ledgers. Alden emphasizes the importance of Bitcoin, not just as a currency, but as a means to opt out of an oppressive system. The conversation touches on the evolution of money, the societal impacts of inflation, and the potential for Bitcoin to empower individuals in the face of financial instability.
AI Snips
Chapters
Books
Transcript
Episode notes
Fiat and War
- Fiat currency enables governments to finance wars opaquely by deferring the true costs.
- This can lead to public support for wars that might not exist if costs were transparent.
Hard vs. Soft Money
- Historically, harder monies like gold and silver prevailed due to their resistance to debasement.
- The invention of the telegraph introduced speed as a factor, enabling faster but softer money to compete.
Bitcoin's Global Nature
- Traditional currencies act like arcade tokens, valuable only within their respective jurisdictions.
- Bitcoin and stablecoins offer a way to bypass these limitations, enabling global value transfer.
