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

Impact Theory with Tom Bilyeu

If you've been following the cryptocurrency and NFT conversation with us recently, you’ll appreciate this incredible conversation with Robert Breedlove, a freedom maximalist and bitcoin-focused entrepreneur. If you haven’t 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. Robert shares 5 properties of money: 1. Divisibility 2. Durability 3. Recognizability 4. Portability 5. Scarcity

SHOW NOTES:

0:00 | Introduction Robert Breedlove

0:34 | Inflation and Fiat Explained

6:17 | Defining Money & Property

10:47 | Compromised Property Value

16:05 | Wealth Redistribution of Assets

23:59 | What is Money

26:16 | The 5 Properties of Money

33:51 | Central Banking Corrupt Power

40:13 | Counterfeit Inflation

48:32 | Life, Liberty and Property

56:48 | Bitcoin Absolute Scarcity

1:07:21 | Government Disruption

1:13:50 | Declining Power of Government

1:23:20 | Implication of Bitcoin

1:30:47 | Purchasing Power of Bitcoin

1:40:43 | Sovereign Individual Insights

1:48:30 | Decentralized NFTs & Crypto

1:51:03 | Thank God for Bitcoin

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