11 months ago

SHOW NOTES:
https://www.whatbitcoindid.com/podcast/bitcoin-economics-mimetics

Robert Breedlove is a philosopher and podcaster within the Bitcoin space. In this wide-ranging interview, we discuss the consequences of the middle class getting destroyed, the hubris of central planning, games of mimetic desire, how Bitcoin is a high-trust environment, Bitcoin’s enemies, fasting and living life beyond the ego.

THIS EPISODE’S SPONSORS:
Iris Energy - https://irisenergy.co/
Wasabi - https://www.wasabiwallet.io/
Ledn - https://www.ledn.io/
Ledger - https://www.ledger.com/
Unchained - https://unchained.com/

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TIMESTAMPS:
00:00:00 Introduction
00:04:39 Fiat culture of extremes
00:15:24 Govt. & Royal largesse
00:22:31 Net effect of government?
00:35:39 Spreading Bitcoin via podcasting
00:45:42 ‘Mimetic Desire’
00:56:25 Bitcoin mimetic virus & salty haters
01:06:48 Staying humble; kids; health

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#Bitcoin #Finance #Economics

****

“We either need the hyperinflation of fiat currencies worldwide to get a hard reset to a bitcoin standard...or you need this hard wake up call to all central banks in the world that, ‘hey, this economic paradigm that we’ve been running does not work.’”
— Robert Breedlove

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Robert Breedlove has cemented a role as one of the fiercest freedom maximalists within the Bitcoin space. He is a powerful advocate for decentralization, Bitcoin, and the principles of sound money. And, he is also a fellow podcaster, hosting the "What is Money?" podcast, which explores economics, technology, and financial philosophy from a sound money perspective.

The interview delves into the impact of economic factors on culture and politics, and whether growing divisiveness in the US and other countries is a result of the destruction of the middle class and the erosion of property rights. We discuss the consequences of poor incentives, the misallocation of capital, taxation and government.

We opine on the advantages and disadvantages of currency and the effects of money printing. The discussion considers the need for a hard reset or a wake-up call to address the flaws of our current economic paradigms, predicated on a “colossal hubris” of thinking the world is a compliant machine enabling the global economic systems to be planned in advance.

Robert also explains the concept of mimetic desire and its impact on our work and personal lives. We explore the importance of staying true to oneself, and finding inspiration while avoiding becoming too similar to others. We finish on the benefits of fasting and living life beyond the ego. As I stated, this is a comprehensive show!

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