BTC001: Bitcoin Common Misconceptions w/ Robert Breedlove (Bitcoin Podcast)
The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network
Stig Brodersen
4.6 • 3.6K Ratings
🗓️ 25 November 2020
⏱️ 141 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | You're listening to TI P. |
| 0:03.0 | So there's no doubt about it. |
| 0:05.0 | Bitcoin has evolved into a major point of interest here at the end of 2020. |
| 0:09.0 | During our last episode, Stig and I informed the audience that we would be specifically covering this topic on a Wednesday release for anyone in the community that has an interest in learning more about the topic. |
| 0:19.0 | We know that not everyone has an interest in Bitcoin, and if that's you, no sweat. |
| 0:23.0 | Just ignore the Wednesday release, and the traditional show will keep dropping on Saturday nights. |
| 0:28.0 | The Saturday show will continue to be about stocks and traditional forms of investments. |
| 0:32.0 | However, if Bitcoin is something that has peaked your interest, we're going to be releasing a Wednesday show that goes into the depths of this very complex and often misunderstood topic. |
| 0:43.0 | On today's show, we have one of the most thoughtful people in Bitcoin, Mr. Robert Breedlove. |
| 0:48.0 | Robert is the author of numerous articles that have become virally shared content about sound money and the impact Bitcoin might have on the world. |
| 0:56.0 | We specifically recorded this episode to address all the common misconceptions that family members and new arrivals the Bitcoin often have. |
| 1:04.0 | So without further delay, here's our first Wednesday release of the Bitcoin Fundamentals discussion. |
| 1:10.0 | You're listening to Bitcoin Fundamentals by the Investors Podcast Network. |
| 1:19.0 | Now for your host, Preston Pish. |
| 1:22.0 | All right, so Robert, the thing that I want to just get into here at the start is really the essence of what we're talking about. |
| 1:40.0 | And when we talk about the essence, we've got to cover the topic of what is money. Because I don't think we can talk about any of this other stuff unless we first address that and come to kind of a common terminology, maybe a common understanding, maybe even let's challenge our given assumptions. |
| 1:59.0 | So I'm kind of curious your thoughts on that. |
| 2:02.0 | That's a great place to start actually. It's commonly believed today that money is a government creation money actually it's an emerging phenomenon in any trading society or any marketplace. |
| 2:19.0 | And you can think about it quite simply as just the most treatable thing. It's literally the most liquid asset in an economy is by definition money. Right. And so the simple example here would be like even cigarettes and prisons, right. These little micro economies that becomes the most treatable thing that becomes money. |
| 2:39.0 | So what we can say about money historically. And by the way, this question, I love that you ask this question first because I think this is where people hit a stumbling block because they think money is issued by the government. |
| 2:55.0 | Things like Bitcoin are not issued by the government. So clearly the government's never going to allow it is never going to work. |
| 3:01.0 | So I think this question actually by asking it to yourself repeatedly and consistently you go down the rabbit hole, right. What people describe as a Bitcoin rabbit hole and you start to question the fundamental nature of a lot of the socio economic structures that hold us together. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Stig Brodersen, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Stig Brodersen and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.