The Idea Meritocracy | Principles of Bitcoin Series | Episode 1 (WiM254)

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.

GUEST:
"An Open Letter to Ray Dalio Regarding Bitcoin": https://breedlove22.medium.com/an-ope...
Ray Dalio's book "Principles": https://www.amazon.com/Principles-Lif...
Robert's Twitter: https://twitter.com/Breedlove22
Robert's Website: https://vida.page/breedlove22

PODCAST: 
Podcast Website: https://whatismoneypodcast.com/
Apple Podcast: https://podcasts.apple.com/us/podcast...
Spotify: https://open.spotify.com/show/25LPvm8...
RSS Feed: https://feeds.simplecast.com/MLdpYXYI

Outline: 
00:00:00 “What is Money?” Intro Music 
00:00:08 “What is Money?” Intro Message 
00:00:54 Do More with Your Digital Assets with Ledn 
00:01:39 Advantages to the Idea Meritocracy 
00:03:58 Scoring System of the Idea Meritocracy 
00:07:16 The "Hive-Mind" of the Free Market 
00:09:26 What is Free Market Capitalism? 
00:13:11 Robert's "Free Market Formula" 
00:17:43 Supply and Demand 
00:20:18 How Prices Influence Decision Making 
00:22:49 Take Control of Your Healthcare with CrowdHealth 
00:23:51 A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet 
00:24:26 Invest in the Fine Art Market with Masterworks 
00:25:02 Hold Bitcoin is the Most Secure Custody Model with Casa 
00:25:50 The Unethical Nature of Central Banks 
00:27:34 "Privatize Profits and Socialize Losses" 
00:31:13 The Effects of Near Zero Cost to Produce Money 
00:35:34 Volatility of Business Cycles Due to "Free Money" 
00:37:20 "Wittgenstein's Ruler" 
00:42:18 Bitcoin Being the Ultimate Pricing Tool 
00:43:32 Money is Economic Water 
00:45:43 "What is Money?" Outro 

SOCIAL: 
Breedlove Twitter: https://twitter.com/Breedlove22
WiM? Twitter: https://twitter.com/WhatisMoneyShow
LinkedIn: https://www.linkedin.com/in/breedlove22/
Instagram: https://www.instagram.com/breedlove_22/
TikTok: https://www.tiktok.com/@breedlove22?l...
All My Current Work: https://vida.page/breedlove22

WRITTEN WORK: 
Medium: https://breedlove22.medium.com/
Substack: https://breedlove22.substack.com/

WAYS TO CONTRIBUTE: 
Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7 
Sats via Strike: https://strike.me/breedlove22
Sats via Tippin.me: https://tippin.me/@Breedlove22
Dollars via Paypal: https://www.paypal.com/paypalme/RBree...
Dollars via Venmo: https://venmo.com/code?user_id=178435...
The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=328431...

RECOMMENDED BUSINESSES: 
Ledn lets you do more with your digital assets: https://www.ledn.io/
CrowdHealth offers an innovative health insurance model based on Bitcoin and community: https://www.joincrowdhealth.com/breed...
Wasabi Wallet is a Bitcoin wallet with privacy built-in by default: https://wasabiwallet.io/
Masterworks let you access the fine art market at more affordable price points (use discount code BREEDLOVE): https://www.masterworks.com
Casa is the most secure way to custody your Bitcoin (use discount code BREEDLOVE): https://keys.casa/
Buy High Quality Bitcoin Apparel Here (use discount code BREEDLOVE): https://thebitcoinclothingcompany.com...
Try Feel Free Tonics, a Great Alternative to Alcohol and Caffeine (use discount code BREEDLOVE): https://botanictonics.com