This week's Jedi Fam episode is a part one deep dive into Bitcoin - what it is, what it's not (crypto) and what it can do for us short term AND long term especially with where our economy is going. The hosts discuss the challenges of traditional digital money and how Bitcoin aims to address them. Along the way, they share some anecdotes from their personal lives and their excitement for discussing Bitcoin. Hope for the future involves and requires us to understand the difference between slave money vs freedom money.
[00:02:43] What is bitcoin?
[00:07:04] Bitcoin's limited supply.
[00:08:30] War and Fiat Currency.
[00:12:17] What is crypto?
[00:18:08] Low time preference.
[00:20:58] Corrupt money and its impact.
[00:23:26] Being stolen from at an accelerating rate.
[00:27:10] Trusting the safety of the train.
[00:31:15] Your being gaslit by the government
[00:34:24] Taking off blinders about money.
[00:39:27] Bitcoin and spirituality.
[00:41:29] The financial system doesn't support you
[00:46:08] Bitcoin's non-discriminatory nature.
[00:49:09] Taking custody of Bitcoin.
[00:52:16] Pricing in Bitcoin.
[01:00:28] Money Mindset work and unlearning.
[01:04:26] Money detached from reality.
[01:06:59] The future of Bitcoin.
[01:09:55] The illusion of ownership.
Bitcoin: Unveiling the Truth Behind Money
- The importance of understanding Bitcoin in today's world
- Personal experience and interest in Bitcoin
- Definition of Bitcoin as a form of money
- The concept of digital scarcity and its significance
- Comparison with traditional fiat currency
- The limited supply of Bitcoin (21 million) and its implications
- The origins of Bitcoin and the role of Satoshi Nakamoto
- Bitcoin as a computer program and its release in 2009
- Solving the problem of true digital money
- The potential of Bitcoin as a global currency
- The Problems with Fiat Currency
- Understanding fiat currency and its drawbacks
- The impact of money printing and inflation
- The manipulation of money by governments and central banks
- The consequences of a fiat-based financial system
- Exploring the values embodied by Bitcoin
- Freedom, sovereignty, truth, and personal responsibility
- How Bitcoin aligns with these values and promotes a better world
- The potential for Bitcoin to disrupt corrupt systems and empower individuals
- The manipulation and gaslighting surrounding money
- How lack of understanding allows for exploitation
- The role of personal responsibility in learning about money
- The need to take control of one's financial future
- The importance of awareness and education about Bitcoin
- Taking responsibility for one's financial decisions
- The potential for Bitcoin to create a more equitable and transparent financial system
- Steps to get started with Bitcoin and join the movement
- Encouragement to embrace Bitcoin and its potential for positive change
- The role of individuals in shaping the future of money
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