349 — Think You Understand Bitcoin? You Probably Don’t With Joe Bryan

Remember the beginnings of the Internet in the consumer world more than 30 years ago? 

Times have changed exponentially from the early days when you could only connect to the World Wide Web on a very bulky home computer via telephone land lines, “surfing” speeds were a crawl and Amazon wasn’t the fastest or cheapest way to buy a book! Whether you interact with the Internet daily or not, you can’t deny that it’s changed your life.

Some believe we’re living in a similar inflection point today with the rise of Bitcoin, a decentralized form of cryptocurrency separated from the control of people, business entities and even banks, due to the continued corruption of the world’s financial system.

Former Oxford-trained physicist and Wall Street trader turned entrepreneur Joe Bryan reveals how our current financial system really works and who it actually serves (not us!), and why Bitcoin could transform the world — If you fix the money, you fix the world… — this week on Spirit Gym.

During their conversation, Paul and Joe recommend watching the video What’s the Problem? that connects the dots about the world’s financial problems, its root causes and how Bitcoin may solve them. Watch it on YouTube or Joe’s SatsVsFiat website.

Find out more about Joe via social media on Twitter/X and Linkedin.

Timestamps

7:25 Is there any difference between money and currency?

13:17 How the world trended to gold as a monetary standard.

26:26 Moving from the gold standard to petrol dollars.

40:35 Connecting inflation with poorer health outcomes.

59:15 The difference between Bitcoin and other cryptocurrencies.

1:12:11 How is Bitcoin verified?

1:30:43 The only source of inflation: Printing money.

1:44:00 Bitcoin is a more valuable asset than silver.

1:51:53 The mining aspect behind Bitcoin.

2:01:20 Your odds of winning a lottery are better than winning a block on Bitcoin.

2:10:41 The mainstream environmental untruth about Bitcoin.

2:33:43 The best ways to start with Bitcoin.

Resources

The work of Catherine Austin Fitts

Find more resources for this episode on our website.

Music Credit: Meet Your Heroes (444Hz) by Brave as Bears

All Rights Reserved MusicFit Records 2024 

Thanks to our awesome sponsors:

Paleovalley
BIOptimizers US and BIOptimizers UK PAUL10
Organifi CHEK20
Wild Pastures
Korrect
CHEK Institute/Scientific Core Conditioning

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Chapters

• 0:00 Intro
• 7:25 Is there any difference between money and currency?
• 13:17 How the world trended to gold as a monetary standard.
• 21:20 “You say it’s a scam, but this is just banking.”
• 26:26 Moving from the gold standard to petrol dollars.
• 28:38 Organifi
• 32:11 The three core forms of inflation.
• 40:35 Connecting inflation with poorer health outcomes.
• 52:58 Could Bitcoin be the greatest force for peace in the world?
• 59:15 The difference between Bitcoin and other cryptocurrencies.
• 1:12:11 How is Bitcoin verified?
• 1:18:33 Wild Pastures
• 1:20:52 Why Bitcoin is perfect money.
• 1:25:28 “Bitcoin is going to eat the world in the same way the internet did.”
• 1:30:43 The only source of inflation: Printing money.
• 1:44:00 Bitcoin is a more valuable asset than silver.
• 1:51:53 The mining aspect behind Bitcoin.
• 2:01:20 Your odds of winning a lottery are better than winning a block on Bitcoin.
• 2:02:41 BIOptimizers
• 2:10:41 The mainstream environmental untruth about Bitcoin.
• 2:21:19 Bitcoin functions like the infinite game described in the work of the late James Carse.
• 2:23:10 CHEK Institute/Scientific Core Conditioning
• 2:33:43 The best ways to start with Bitcoin.
• 2:41:19 The fiat currency game will continue so long as the U.S. is in the game.