This week's Jedi Fam episode is a part one deep dive into Bitcoin - what it is, what it's not (crypto) and what it can do for us short term AND long term especially with where our economy is going. The hosts discuss the challenges of traditional digital money and how Bitcoin aims to address them. Along the way, they share some anecdotes from their personal lives and their excitement for discussing Bitcoin. Hope for the future involves and requires us to understand the difference between slave money vs freedom money.
[00:02:43] What is bitcoin?
[00:07:04] Bitcoin's limited supply.
[00:08:30] War and Fiat Currency.
[00:12:17] What is crypto?
[00:18:08] Low time preference.
[00:20:58] Corrupt money and its impact.
[00:23:26] Being stolen from at an accelerating rate.
[00:27:10] Trusting the safety of the train.
[00:31:15] Your being gaslit by the government
[00:34:24] Taking off blinders about money.
[00:39:27] Bitcoin and spirituality.
[00:41:29] The financial system doesn't support you
[00:46:08] Bitcoin's non-discriminatory nature.
[00:49:09] Taking custody of Bitcoin.
[00:52:16] Pricing in Bitcoin.
[01:00:28] Money Mindset work and unlearning.
[01:04:26] Money detached from reality.
[01:06:59] The future of Bitcoin.
[01:09:55] The illusion of ownership.
Bitcoin: Unveiling the Truth Behind Money
The importance of understanding Bitcoin in today's world
Personal experience and interest in Bitcoin
Definition of Bitcoin as a form of money
The concept of digital scarcity and its significance
Comparison with traditional fiat currency
The limited supply of Bitcoin (21 million) and its implications
The origins of Bitcoin and the role of Satoshi Nakamoto
Bitcoin as a computer program and its release in 2009
Solving the problem of true digital money
The potential of Bitcoin as a global currency
The Problems with Fiat Currency
Understanding fiat currency and its drawbacks
The impact of money printing and inflation
The manipulation of money by governments and central banks
The consequences of a fiat-based financial system
Exploring the values embodied by Bitcoin
Freedom, sovereignty, truth, and personal responsibility
How Bitcoin aligns with these values and promotes a better world
The potential for Bitcoin to disrupt corrupt systems and empower individuals
The manipulation and gaslighting surrounding money
How lack of understanding allows for exploitation
The role of personal responsibility in learning about money
The need to take control of one's financial future
The importance of awareness and education about Bitcoin
Taking responsibility for one's financial decisions
The potential for Bitcoin to create a more equitable and transparent financial system
Steps to get started with Bitcoin and join the movement
Encouragement to embrace Bitcoin and its potential for positive change
The role of individuals in shaping the future of moneyThanks for leaving us a thoughtful 5 star review and sharing your insights with us!
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