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The "What is Money?" Show

Open-Mindedness | Principles of Bitcoin Series | Episode 5 (WiM258)

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

🗓️ 9 January 2023

⏱️ 32 minutes

🧾️ Download transcript

Summary

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.

Transcript

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0:00.0

everybody welcome to the what is money show i am thrilled to have you here joining me on my

0:13.7

mission to help shine light on the corruption of money now a little bit about this show

0:19.2

and how it makes money we are 100 100% sponsor-based, which means that all the revenues we derive come from sponsorships. But I try to be very selective about the sponsors that I work with, specifically trying to choose those who have values well aligned to the values expressed on this show like freedom education self-sovereignty

0:39.2

etc so what i'm going to do is a few ad reads right here at the top of the show and then a few

0:44.6

ad reads in the middle and i hope you won't skip them i hope you'll take the time listen and see what

0:50.4

they have to offer because again these are hand-selected sponsors.

0:54.5

Now I'd like to tell you about our sponsor, Leden.

0:57.5

Lennon lets you do more with your digital assets.

1:01.1

For instance, Lennon offers a B2X loan product

1:04.4

that lets you leverage your existing Bitcoin

1:06.4

to buy even more Bitcoin.

1:08.5

Or you can also get traditional Bitcoin collateralized U.S. dollar loans through

1:13.3

Lutton as well. Letton also offers both Bitcoin and U.S. D.C. denominated savings accounts,

1:19.6

letting you generate yield on your digital assets. Recently, Lennon has launched a Bitcoin

1:25.4

mortgage product as well that lets you use Bitcoin to buy a home or finance one that you already own.

1:31.6

So go to Leden.io.

1:34.4

That's L-E-D-N-I-O today to sign up.

1:38.9

So now we're going to be talking about the principle of open-mindedness, and I'll open this with a quote from Ray's book.

1:46.7

Ray writes, if you can recognize that you have blind spots and open-mindedly consider the possibility

1:52.2

that others might see something better than you, and that the threats and opportunities they

1:57.4

are trying to point out really exist, you are more likely to make good decisions.

2:04.6

So open-mindedness is really, it's a key aspect of both the idea meritocracy that Ray is incepted

...

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