The Philosophy of Bitcoin and How it Could Change the World As We Know It | Robert Breedlove

Published: Oct. 12, 2021, 12:30 p.m.

If you've been following the cryptocurrency and NFT conversation with us recently, you\u2019ll appreciate this incredible conversation with Robert Breedlove, a freedom maximalist and bitcoin-focused entrepreneur. If you haven\u2019t been following along, jump in now. This episode is less NFT and crypto wallet focused and more educational in that Robert breaks down inflation like very few can. Understanding something at its foundational level allows you to really think from first principles, which empowers you to make better decisions. Cryptocurrency is built on technology and Bitcoin has been performing like no other asset in history, but why and how is this possible? You may need to listen to this a few times, and may be even better with pen and paper to take notes. This is a crash course and deep dive on money, inflation, what property is, and why assets matter.\xa0Robert shares 5 properties of money:\xa01. Divisibility 2. Durability 3. Recognizability 4. Portability 5. Scarcity\xa0\n\nSHOW NOTES:\xa0\n0:00 | Introduction Robert Breedlove \n0:34 | Inflation and Fiat Explained \n6:17 | Defining Money & Property \n10:47 | Compromised Property Value \n16:05 | Wealth Redistribution of Assets \n23:59 | What is Money \n26:16 | The 5 Properties of Money \n33:51 | Central Banking Corrupt Power \n40:13 | Counterfeit Inflation \n48:32 | Life, Liberty and Property \n56:48 | Bitcoin Absolute Scarcity \n1:07:21 | Government Disruption \n1:13:50 | Declining Power of Government \n1:23:20 | Implication of Bitcoin \n1:30:47 | Purchasing Power of Bitcoin \n1:40:43 | Sovereign Individual Insights \n1:48:30 | Decentralized NFTs & Crypto \n1:51:03 | Thank God for Bitcoin\xa0\xa0\n\nCheck out our sponsors:\xa0\nIndeed: Get a FREE $75 CREDIT to upgrade your job post at indeed.com/IMPACT \nStay updated on our special NFT product drop coming October 13, 2021! \nJoin the Impact Theory Discord channel or follow Tom on Twitter for updates: Discord: https://impacttheory.com/discord Twitter: https://twitter.com/TomBilyeu \nConversionFanatics: Go to ConversionFanatics.com for a FREE proposal. \nTommy John: Get 20% OFF your FIRST ORDER at tommyjohn.com/impact \nBlinkist: Go to https://blinkist.com/impact Try it FREE for 7 days and save 25% off your new subscription. \nJustworks: justworks.com\n\nAre You Ready for EXTRA Impact?\nIf you\u2019re ready to find true fulfillment, strengthen your focus, and ignite your true potential, the Impact Theory subscription was created just for you.\nWant to transform your health, sharpen your mindset, improve your relationship, or conquer the business world? This is your epicenter of greatness.\xa0\nThis is not for the faint of heart. This is for those who dare to learn obsessively, every day, day after day.\nSubscription Benefits:\n\nUnlock the gates to a treasure trove of wisdom from inspiring guests like Andrew Huberman, Mel Robbins, Hal Elrod, Matthew McConaughey, and many, many, more\n\nNew episodes delivered ad-free\n\nExclusive access to Tom\u2019s AMAs, keynote speeches, and suggestions from his personal reading list\n\nYou\u2019ll also get access to an 5 additional podcasts with hundreds of archived Impact Theory episodes, meticulously curated into themed playlists covering health, mindset, business, relationships, and more:\n\n\nLegendary Mindset: Mindset & Self-Improvement\n\n\nMoney Mindset: Business & Finance\n\n\nRelationship Theory: Relationships\n\n\nHealth Theory: Mental & Physical Health\n\n\nPower Ups: Weekly Doses of Short Motivational Quotes\xa0\n\nSubscribe on Apple Podcasts: https://apple.co/3PCvJaz\nSubscribe on all other platforms (Google Podcasts, Spotify, Castro, Downcast, Overcast, Pocket Casts, Podcast Addict, Podcast Republic, Podkicker, and more) : https://impacttheorynetwork.supercast.com/\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices