ReasonTV
@ReasonTV·1.4M subscribers·4.8K videos
'If you have a central bank, you're 50% communist out of the gate.'
Posted
May 26, 2022
Views
24,914
Likes
1,190
Comments
422
Engagement
6.47%
May 26, 2022
24,914
1,190
422
6.47%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
48:54Now PlayingRobert Breedlove, a self-described “freedom maximalist” and former hedge fund manager, talks “incorruptible money,” Austrian economics, and why bitcoin is unstoppable.
----------------
If the recent slide in the price of bitcoin has sent many speculators scrambling back to fiat currency, it's done nothing to cool the fervor of Robert Breedlove, a self-proclaimed freedom maximalist whose Twitter feed is filled with encomia for the inflation-proof monetary system that has a supply fixed via the consensus of a decentralized, global software network.
"Unlike the US Constitution," he writes, "#Bitcoin cannot be amended—that's why incorruptible money is a greater instrument of freedom than the US Constitution." "#Bitcoin," he predicts, "will prove to be history's ultimate example of the old adage 'when you can't beat them, join them.'"
The 36-year-old accountant-by-training and former hedge fund manager is a leading thinker and writer in the bitcoin space, where he publishes The Freedom Analects and hosts The "What is Money?" Show podcast and video series.
Reason's Nick Gillespie talked with Breedlove at the Bitcoin 2022 conference in Miami this April about why bitcoin is the best hedge against hyperinflation, how Austrian economics informs his worldview, and why he believes that bitcoin will inevitably become the basis of the global economy. "No one's figured out how to stop bitcoin, basically meaning turn it off," he says. "And so, if you can't turn it off, that effectively operates as this vortex of incentives. It's just incentivizing people to interact with it, to hold it, to save and build businesses on it."
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
