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/Breedlove22Robert's Website: https://vida.page/breedlove22PODCAST: 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/MLdpYXYIOutline: 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: Breedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?l...All My Current Work: https://linktr.ee/breedlove22WRITTEN WORK: Medium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTE: Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7 Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBree...Dollars via Venmo: https://venmo.com/code?user_id=178435...The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=328431...RECOMMENDED BUSINESSES: 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.comCasa 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...Try Feel Free Tonics, a Great Alternative to Alcohol and Caffeine (use discount code BREEDLOVE): https://botanictonics.com