Jason Hartman welcomes Robert Breedlove, host of The "What Is Money" Show for a great discussion about fiat money, the gold standard, market manipulation, inflation and of course, Bitcoin - the digital gold and decentralized currency of the people. Bitcoin was released at a time when nothing like it existed. This "immaculate inception" of Bitcoin is essential to its decentralization and to its existence as the one asset in the world that is as Robert puts it, "immune to everyone's opinion."

Watch the video HERE.

Key Takeaways:

• A government's main product is their currency
• What is money?
• The first economic surpluses, trade and division of labor
• Specialization of labor, the gold standard as a measure of value and market price discovery
• The United States rewrote the international banking order to suit its own interests
• Check out wtfhappenedin1971.com, Bitcoin - fix the money, fix the world
• Dr. Saifedean Ammous and The Bitcoin Standard
• Time preference, value of money, inflation and interest rates
• Misallocation of capital through currency debasement, distorted price signals and economic recessions
• Money is a language, Bitcoin investing strategy
• Bitcoin is an internet protocol, Bitcoin as digital gold
• The threat of Bitcoin to governments and central banks
• Could Bitcoin be made illegal?
• The state is lashing out trying to reassert the validity of its borders through excessive action
• Inflation and taxation to cover government debt
• Bitcoin ideology and technology

 

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