Mar 8, 2023
Money can be defined in many ways, but one thing that is commonly
prevalent in every definition we can think of is the ability we
should all have to keep it once we’ve earned it.
Unfortunately, this isn’t the case in today’s modern world where
central banks are consistently printing money which steals our
money’s value through inflation. The same goes for when governments
are looking for financing, as they can at any time coerce this
money out of their people or even outright seize it. It’s happened
before in times of war and can always happen again, which is
something we tend to forget.
The game of money may feel like a corrupted system we have no way
out of. This was true, until about 14 years ago when decentralized
currencies entered the game. Cryptocurrencies allow us to gain back
the sovereignty over our money that the government, central banks,
and chartered banks have taken away from us
– and this is what we discuss in this episode the Darin Olien Show
with guest, Robert Breedlove.
We discuss what
the current central banking game
is, where
the corruption in the banking system stems
from,
the relationship between the government and the central
bank,
what we can do to cultivate more money, how to save the value of
your money, and so much more.
Robert Breedlove is an entrepreneur, writer, and philosopher. He is
an advocate of cryptocurrencies and particularly of Bitcoin.
Breedlove is the founder of Bitcoin and finance consulting
company
Paralaxx Digital.
He is also a YouTuber and the host of the
“What
is money”
podcast.
Key Takeaways:
-
Fiat money is corrupted. The banking system is built on a process
where people are entrusting these businesses with their money — or
historically, gold. Once they deposited their valuables, the banks
issue a contract that details the deposits they entrusted the banks
with. Depositors are assured by this contract that they can redeem
their assets at any time, without a sweat, in liquid form. But what
most people don’t understand, however, is that this contract that
supposedly protects your assets in the bank is routinely violated
by the issuer of the contract themselves— the bank! The money you
think is safely stored at the bank is being used by the bank itself
at this very second to enrich their businesses. And guess what?!
The government is in it too — especially when war is around the
corner.
-
Money can be defined in many ways, but one thing that is commonly
prevalent in every definition we can think of is the ability we
should all have to keep it once we’ve earned it. Unfortunately,
this isn’t the case in today’s modern world where central banks are
consistently printing money which steals our money’s value through
inflation. The same goes for when governments are looking for
financing, as they can at any time coerce this money out of their
people or even outright seize it. It’s happened before in times of
war and can always happen again, which is something we tend to
forget.
-
The game of money may feel like a corrupted system we have no way
out of. This was true, until about 14 years ago when decentralized
currencies entered the game. Cryptocurrencies allow us to gain back
the sovereignty over our money that the government, central banks,
and chartered banks have taken away from us.
What we discuss:
08:08: Where is Robert living?
10:13: What is Darin’s relationship with money like?
12:15: How did Robert get into the history of the money
pathway?
21:10: What is the current central banking game?
35:06: Where does the corruption in the banking system stem
from?
42:45: What is the relationship between the government and the
central bank?
49:16: What is money and what can you do to cultivate
it?
58:29: How can you save the value of your money?
1:05:25: Where can you learn more about Robert?
To learn more about Robert:
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