Nature, Evolution, and Causality | Principles of Bitcoin Series | Episode 6 (WiM259)

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...
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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 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?" Outro

SOCIAL:
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WRITTEN WORK:
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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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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/
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