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Understanding Money – Bitcoin Breakout – Epi-1

The Bitcoin Breakout Posted on by

Podcast: Play in new window | Download (Duration: 1:26:25 — 19.8MB)

In the first official episode of The Bitcoin Breakout we discuss….

  • What is money
    • How does money obey the laws of energy
    • How all money is nothing but an agreement and a ledger
  • No Entry Accounting – cash, gold, etc.
  • Single Entry Accounting – link
  • Double Entry Accounting – link
  • Triple Entry Accounting – link
  • How all Money is useless unless it has something to “account for”
    • How that applies to cryptocurrency but in some ways it has the highest “intrinsic value” of all
  • Monetary Creation, Manipulation and Movement How is US money created
  • Why does our current crazy monetary system work
  • What is inflation and how does monetary velocity effect it
  • Why anyone can create money but not all money works
  • Why money fails
  • How money created freedom
  • How money then created slavery
  • How to use this knowledge to your own advantage
  • What you can and can’t control
  • Why real value is the path to liberty
  • How taxes are the creation of involuntary debt at will by the state
  • How inflation is the creation of involuntary debt payment by the central banks
  • The Primary Forms of Wealth
    • Monetary
    • Material
    • Influence
    • Knowlege
    • Skill

 

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* The Bitcoin Breakout is a production of The Survival Podcast

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