The Idea Meritocracy | Principles of Bitcoin Series | Episode 1 (WiM254)

In this series titled "Principles of Bitcoin" I will be doing a deep dive on my written work "An Open Letter To Ray Dalio re: Bitcoin" which explores money, economics, and Bitcoin through the lens of Ray Dalio's stated principles on life and work.

Be sure to check out Swan Private, the trusted Bitcoin financial services provider for high-net-worth individuals and businesses worldwide: https://www.swanprivate.com/breedlove

GUEST:
"An Open Letter to Ray Dalio Regarding Bitcoin": https://breedlove22.medium.com/an-open-letter-to-ray-dalio-re-bitcoin-4b07c52a1a98
Ray Dalio's book "Principles": https://www.amazon.com/Principles-Life-Work-Ray-Dalio/dp/1501124021
Robert's Twitter: https://twitter.com/Breedlove22
Robert's Website: https://vida.page/breedlove22

PODCAST
Podcast Website: https://whatismoneypodcast.com/
Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400
Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1
RSS Feed: https://feeds.simplecast.com/MLdpYXYI
Transcript:

Outline
00:00:00 “What is Money?” Intro Music
00:00:08 “What is Money?” Intro Message
00:00:54 Learn about Bitcoin with Swan Private at SwanPrivate.Com
00:01:48 Do More with Your Digital Assets with Ledn
00:02:33 “An Open Letter to Ray Dalio Regarding Bitcoin”
00:07:11 The Idea Meritocracy
00:09:33 "Money is a Tool" - How the Refinement of Ideas Drives Production
00:16:16 Origins of Money
00:19:31 Precious Metals and The Monetary Properties of Good Money
00:22:07 Take Control of Your Healthcare with CrowdHealth
00:23:09 A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet
00:23:45 Invest in the Fine Art Market with Masterworks
00:24:20 Hold Bitcoin is the Most Secure Custody Model with Casa
00:25:09 The Limitations of Gold and Creation of Central Banking
00:28:20 A Pyramid Scheme on Top of Gold
00:31:43 Free Market Capitalism vs Centrally Planned Economies
00:35:00 The Competitive Nature of Entrepreneurship
00:39:04 Free Markets are "Idea Meritocracies"
00:42:00 Monopolies Destroying Growth and Productivity
00:44:12 Fix the Money, Fix the World
00:45:28 “What is Money?” Outro Music

SOCIAL
Breedlove Twitter: https://twitter.com/Breedlove22
WiM? Twitter: https://twitter.com/WhatisMoneyShow
LinkedIn: https://www.linkedin.com/in/breedlove22/
Instagram: https://www.instagram.com/breedlove_22/
TikTok: https://www.tiktok.com/@breedlove22?lang=en
All My Current Work: https://linktr.ee/breedlove22

WRITTEN WORK
Medium: https://breedlove22.medium.com/
Substack: https://breedlove22.substack.com/

WAYS TO CONTRIBUTE
Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7
Sats via Strike: https://strike.me/breedlove22
Sats via Tippin.me: https://tippin.me/@Breedlove22
Dollars via Paypal: https://www.paypal.com/paypalme/RBreedlove
Dollars via Venmo: https://venmo.com/code?user_id=1784359925317632528
The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=true

RECOMMENDED BUSINESSES
Swan Private guides high-net-worth individuals and businesses in all areas of Bitcoin strategy: https://www.swanprivate.com/breedlove
Ledn lets you do more with your digital assets: https://www.ledn.io/
CrowdHealth offers an innovative health insurance model based on Bitcoin and community: https://www.joincrowdhealth.com/breedlove
Wasabi Wallet is a Bitcoin wallet with privacy built-in by default: https://wasabiwallet.io/
Masterworks let you access the fine art market at more affordable price points (use discount code BREEDLOVE): https://www.masterworks.com
Casa is the most secure way to custody your Bitcoin (use discount code BREEDLOVE): https://keys.casa/
Buy High Quality Bitcoin Apparel Here (use discount code BREEDLOVE):
https://thebitcoinclothingcompany.com/breedlove
Automatic Recurring Bitcoin Buys and Withdrawals: https://www.swanbitcoin.com/breedlove/
Try Feel Free Tonics, a Great Alternative to Alcohol and Caffeine (use discount code BREEDLOVE): https://botanictonics.com