Ray Dalio's Take on Bitcoin | Principles of Bitcoin Series | Episode 2 (WiM255)

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:
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All My Current Work: https://vida.page/breedlove22

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

WAYS TO CONTRIBUTE:
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The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=328431...

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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...
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