The Real Reason the US Gov't Fears Bitcoin — It Isn't What You Think | Robert Breedlove
The Rubin Report
Emma Dog Productions
4.4 • 486 Ratings
🗓️ 8 July 2024
⏱️ 52 minutes
🧾️ Download transcript
Summary
Dave Rubin of "The Rubin Report" talks to Robert Breedlove, host of the "What Is Money?" podcast, about his move to Florida and the benefits of living in a red state post-pandemic; his career in finance, his focus on Bitcoin, and his belief in economic freedom; why Keynesian economics is a pseudoscience; what young people can learn from Austrian economics; the importance of individual incentives; the danger of government overreach; why the ideals of life, liberty, and property are essential for societal progress; Bitcoin's nature and value; why Bitcoin can best be described as the "internet of money," allowing decentralized, permissionless transactions; why Bitcoin is the equivalent of digital gold; Bitcoin's properties and advantages over traditional money; why holding Bitcoin contributes to its value growth; why other cryptocurrencies will fail for lacking decentralization; his concerns about Central Bank Digital Currencies being used as tools for state control, drawing parallels with China's social credit system and warning of potential surveillance and manipulation; inflation, interest rates, and economic inefficiencies; why the central planning of interest rates is similar to failed Soviet price controls; why interest rates should be market-determined, reflecting true supply and demand; how government deficits and money printing disrupt economic competition, leading to inefficient capital allocation; why he advocates for studying money and Bitcoin; why Bitcoin is necessary as a hedge against centralized economic mismanagement; and much more.
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Transcript
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| 0:00.0 | Joining me today is a freedom maximalist, Bitcoin advocate and host of the What Is Money Show. |
| 0:14.0 | Robert Breedlove, welcome to the Rubin Report. |
| 0:16.4 | Thank you for having me. |
| 0:17.2 | It's good to be here. |
| 0:17.9 | We did a reverse version of this at the Art Conference. |
| 0:20.5 | We both were doing our show from a very, very small trailer on a quiet day |
| 0:26.1 | and we got to talk finance and politics on your program so I'm glad that we get to kind of reverse this. |
| 0:31.6 | I feel like I should have mentioned you're also Florida man now too. |
| 0:35.0 | I am a Florida man as a couple months ago. |
| 0:37.0 | Yeah, how do you feel about the freedom and all that? |
| 0:41.0 | It's good. I don't think I'm going to be leaving a red state ever again. Post-plandemic. I grew up in a red state. I'm from Tennessee. |
| 0:49.0 | Lived in several blue states the past few years. We're just talking about Los Angeles. |
| 0:54.0 | I was also in Y. |
| 0:55.2 | And I think red US states are probably |
| 0:58.4 | the best place in the world to be at this point in history. |
| 1:01.6 | So I think I'm here to stay as well. |
| 1:03.2 | Yeah, is that partly because of the finance part of your life but also just because of the safety part of your life, |
| 1:09.6 | the sunshine part of your life? |
| 1:10.8 | You're also in a particularly kind of pristine area over there. |
| 1:14.4 | Yeah, it's a very nice area, but even nice areas in Los Angeles. |
| 1:17.8 | Like I was in Santa Monica when I was living there and that place |
| 1:23.4 | went bad shit crazy, you know, and so my revelation was like you I love Los Angeles like good good weather great food. I was single also a great place to date. However, once COVID happened, I witnessed people fall into hypnosis of some kind and my realization was that I can't be in a compliant |
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