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/Breedlove22Robert's Website: https://vida.page/breedlove22PODCAST: 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/MLdpYXYIOutline: 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 The Principle of Faith in Nature 00:02:43 A Fusion Between Money and Mathematics 00:05:56 Channeling the Self-Interest of the Individual to Improve Society 00:09:27 The Most Successful Con Artistry in Human History 00:12:06 Similarities Between The World Economy and Nature 00:14:21 Detrimental vs Positive Race to the Bottom 00:17:41 Fiat Money as an Unaccepted Compromise 00:22:24 The Principle of Chains of Cause and Effect 00:22:47 The History of Inflation 00:27:42 Parasitism on the Market Economy Leads to Civil Unrest 00:28:33 How Bitcoin Might Shrink The Government 00:32:32 Empowering Individuals to Self-Organize 00:33:18 The Means and The Ends of Monetary Socialism 00:34:24 How Violation of Free Markets Reverses The Process of Civilization 00:35:40 Take Control of Your Healthcare with CrowdHealth 00:36:41 A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet 00:37:17 Hold Bitcoin in the Most Secure Custody Model with Casa 00:38:05 The Principle of Evolution 00:38:17 A Non-cognitive Intelligence That’s Intrinsic to Nature 00:40:52 Not Freely Evolved Money That’s Hurting Human Progress 00:43:05 Why Institutions That Block Evolution With Bailouts and Statism Will Inevitably Fail 00:45:06 Innovation and Evolution Are The Same Thing 00:48:24 A Pathologized Monetary System That’s Completely Isolated From Evolution 00:49:24 A Heart of Free Market Competition, Adaptation, and Open-Source Technology 00:51:21 Why Bitcoin is an Evolutionary Leap Forward for Money 00:53:36 The Only Way Institutions Can Be Legitimate 00:55:00 What is the Global Economy? 00:58:19 Free Market Experimentation as a Form of Truth 00:59:43 Tools That Best Increase Our Fitness to Reality 01:01:29 Fiat Money is Destructive to the Pragmatic Truth Discovery Process 01:02:38 Why Charles Darwin Would Be a Bitcoiner 01:04:27 Evolved and Evolving Monetary Technology 01:06:58 Changes to the Way Humans Self-organize Up Until Now 01:09:47 Why Bitcoin is as Big of a Deal as Gutenberg Printing Press or Democracy 01:12:01 Free Markets Enjoy Evolution and Unfree Markets Suffer Involution 01:15:16 "What is Money?" OutroSOCIAL: Breedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: 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/breedlove22WRITTEN WORK: Medium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTE: Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7 Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars 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/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

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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