The Real Reason the US Gov’t Fears Bitcoin — It Isn’t What You Think | Robert Breedlove
The Rubin Report
Jul 8
52 min 11 sec
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. Learn more about your ad choices. Visit megaphone.fm/adchoices