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The "What is Money?" Show

"God Bless Bitcoin" with Brian and Kelly Estes (WiM497)

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

🗓️ 26 July 2024

⏱️ 85 minutes

🧾️ Download transcript

Summary

Brian and Kelly Estes join me to discuss the newly released “God Bless Bitcoin” documentary, the connection between God and money, advice for aspiring filmmakers, how Bitcoin enables human freedom, the origins of sound money, and the importance of property rights. Brian and Kelly Estes are entrepreneurs and directors of the "God Bless Bitcoin" documentary.

Transcript

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0:00.0

What is the meaning behind this title? God bless Bitcoin. It's almost like a prayer that's saying to God,

0:05.8

can you bless this new form of money that would allow all of your people to interact with each other

0:13.3

in an honest way without anybody stealing from us? When you think about it, like if we're supposed to

0:19.5

get married, have kids, fill the earth,

0:22.2

and our money doesn't work, and we can't afford to do that, there's a big disconnect there.

0:28.9

You can see this.

0:29.8

And if you look at inflation since 1971, like you used to be able to support one household on one income.

0:35.3

Here we are 50 years later, you can barely support one household on two incomes. You try going through an airport with a couple bars of gold, a bunch of cash,

0:44.1

they're stopping you. Yeah. But you can walk through the airport with a billion dollars of

0:47.8

Bitcoin in your head and no one even knows. It's freedom. But that's freedom. One of my favorite

0:53.3

things you talk about in the movie, and we have a really good animation

0:55.8

about how we get in trouble for counterfeiting.

0:59.0

Yeah.

0:59.2

But it's what the central bank is doing all day long.

1:01.6

Name a game where there's two different sets of rules that apply to players.

1:05.1

It's like, that doesn't make any sense.

1:06.1

It's not a game.

1:06.9

That's a tyranny. I think a lot of people are trying to realize maybe we should go back to way America used to be and not have a central bank.

1:15.5

We're not allowed to audit the Fed?

1:17.3

I mean, why can't we audit the Fed?

1:19.5

Bitcoin gets audited every 10 minutes.

1:21.8

And we've never audited the Fed in 111 years.

...

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