Three Things Are Certain in Life: Death, Taxes, and Bitcoin – Robert Kiyosaki and Robert Breedlove

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Gold became money as determined by the free market because of its properties—scarcity. But with the invention of Bitcoin, we are now seeing a historical event that will never be repeated. What makes Bitcoin so special is that prior to Bitcoin there was no other form of money with its absolute limited supply.

Bitcoin’s characteristics make it a direct competitor to the central banks because of its absolute scarcity, resistance to theft and confiscation, and the system that it’s built upon prevents it from being shut down. 

Today’s guest, Robert Breedlove who is the Co-Founder and CEO of Parallax Digital, a digital asset hedge fund and digital securities advisory firm, says, “Central banking is a model based on socialism.” Whereas “Bitcoin is purely a capitalist technology and lives entirely in the free market.”

So what is the endgame? Bitcoin separates money from State control.

Host Robert Kiyosaki and guest Robert Breedlove, CEO of Parallax Digital, discuss the history of money, why fiat currency is a pyramid scheme, and how Bitcoin is challenging the central banking system.

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7 thoughts on “Three Things Are Certain in Life: Death, Taxes, and Bitcoin – Robert Kiyosaki and Robert Breedlove

  1. I am just a person on the other side of the world… we humans understand much today.. but by looking at the big picture all the way down we go to ZERO… ZERO must be something;)

  2. So as a complete novice, I ask how is that a currency now? You cant buy much for it at the moment. Or they expect it to be a currency in the future when the current system collapse? 🤔 The way I see it is that the value is dictated by the limited access to it and limit numbers of coins available in general. The other thing is that the value is still described in other currency. 🤔

  3. What about Gresham’s Law: “Bad money drives out good money”? Why would I spend Bitcoin rather than the rapidly depreciating dollar? Why would I spend my gold and silver rather than the disintegrating dollar? I wouldn’t . . . Until the dollar is so far gone that nobody wants to accept it anymore in payment for something of value. THEN I will be glad I have gold, silver and bitcoin.

  4. Two big questions remain with bitcoin. Satoshi Nakamoto the creator of bitcoin has remained anonymous is he a single person or a govt agency or a group of anarchists who want to destroy capitalism? Supposedly nobody knows. Satoshi still controls approx 1 million possibly more of the current total 18.4 million bitcoin. Secondly bitcoin is open source software that anyone can copy and use to create their own money network with an anonymous founder. The social aspect of the network that bitcoin has developed can be duplicated just look what happened with myspace and facebook. Myspace was first but who uses myspace now???

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