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The "What is Money?" Show

Bitcoin & the Awakening from the Meaning Crisis w/ Michael Ruiz

The "What is Money?" Show

Robert Breedlove

Bitcoin, Breedlove, What Is Money, Investing, Rabbit Hole, Cryptocurrency, Money, Finance, Education, Robert Breedlove, History

4.8710 Ratings

🗓️ 25 June 2025

⏱️ 162 minutes

🧾️ Download transcript

Summary

What if hitting rock bottom was the best thing that ever happened to you? Michael Ruiz shares his transformative journey through faith, divorce, psychedelics, and Bitcoin. We explore extreme ownership, ego death, ayahuasca experiences, spiritual awakening, the individual vs the state, orange-pilling loved ones, and how Bitcoin can help us navigate the meaning crisis. Michael Ruiz is an entrepreneur and founder of “The Sovereign Mindset” who is navigating the transition from Fiat to Sound Money.

Transcript

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0:00.0

You've come off of a rock bottom in life, as many people have. I went through my own rock bottom in

0:04.6

2020. 2020 was one of these eye-opening events that really showed me the worst of humanity. I also went

0:11.7

through a divorce. I have found that when I closed that door and make that decision to commit to

0:16.8

something, even if it's totally unknown, that's when all the magic happens. On the ayahuasca thing, I think Carl Jung said beware of wisdom you didn't earn.

0:24.5

I don't recommend people do that.

0:26.0

Like, I saw some really messed up stuff.

0:28.2

It's like a shortcut to the spiritual world, to the divine, through a dark alleyway.

0:32.8

Was there anything terrifying for you?

0:35.4

It fucking really bothers me because he's doing harm.

0:38.3

If Bitcoin is going to succeed, he is derailing people.

0:42.3

The whole left-right dichotomy, I still think is just such a distraction.

0:46.3

Like, it doesn't matter who you vote for.

0:48.3

No one's abolishing the IRS.

0:49.3

No one's abolishing the Fed.

0:51.3

People are in denial all the way up until the end.

0:53.3

That's right. Remind myself that I'm grateful to be living

0:55.9

through this time and get to watch this transition.

0:58.2

But there are times I get nervous, though, where I'm just like,

1:00.3

oh, man. Yeah, I mean, hope

1:02.1

for the best, but...

1:03.6

Yep. Highly uncertain times. Mike, good to see you again.

1:16.9

Good to see you, Robert.

...

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