The Sovereign Individual Pt 1 - Bitcoin: The Ultimate Offshore Bank with Robert Breedlove

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The Sovereign Individual Pt 1 - Bitcoin: The Ultimate Offshore Bank with Robert Breedlove

Рет қаралды 30,480

Күн бұрын

In this interview, I talk to Bitcoin writer Robert Breedlove. We discuss why The Sovereign Individual is such an essential book for Bitcoiners, violence in a libertarian world, why bitcoin is a threat to the state and the ascending and descending world.
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****
“Bitcoin is fuck you money, it’s fuck you to every policy, every police state, and every politician in the world. That’s the power of it.”
- Robert Breedlove
Location: Remotely
Date: Sunday 7th March
Company: Independent
Role: Bitcoin Writer
The Sovereign Individual: Mastering the Transition to the Information Age is a prophetic book released in 1997 by William Rees Mogg and James Dale Davidson. The book was written before the widespread adoption of the internet, social media, and Bitcoin, yet predicted a future that is remarkably close to the one we live in today, opening with the quote, “The future is disorder.”
In the book, Mogg and Davidson describe their vision of the future and how the rise of digital technology would make the world much more competitive, unequal and unstable. The pair also predicted a ‘cyber money’ that would empower the individual to splinter from the nation-state. “As cybercommerce begins, it will lead inevitably to cybermoney. This new form of money will reset the odds, reducing the capacity of the world’s nation-states to determine who becomes a Sovereign Individual”.
In this interview, I talk to Bitcoin writer Robert Breedlove. We discuss why The Sovereign Individual is such an essential book for Bitcoiners, violence in a libertarian world, why bitcoin is a threat to the state and the ascending and descending world.

Пікірлер: 112

@TheRangerSoFar 3 жыл бұрын

“The other funny thing about bitcoin, nobody becomes less bullish” - Breedlove

@tychancho 3 жыл бұрын

Breedlove - "They will plunder the commonwealth to their own benefit. They will serve their central bank masters.” A quote for the ages! For those that missed it... lopp has The Sovereign Indivudual free in PDF.

@sovrano9055 3 жыл бұрын

1:24:41 “Civilization is in a race between education and catastrophe. Let us learn the truth and spread it as far and wide as our circumstances allow. For the truth is the greatest weapon we have.” ― H. G. Wells

@sluggo3slug 3 жыл бұрын

”The option to exit keeps everybody honest” I like that

@Andrei-nm9ih 3 жыл бұрын

When Satoshi set up the subunit of Bitcoin at 1 per 100 million (implying a Sat in the 1 cent - 1dollar range) for the ultimate target as monetary backup of all the economy. And the bootstrapping sequence of BTC issuance to last for 100+ years. Yes, he understood

@tstcikhthys 2 жыл бұрын

I really wish he set up the subunit as 1 per 1 billion so that the subunit name "satoshi" could be the same as the nanobit (nBTC).

@bujin5455 3 жыл бұрын

So awesome to have Breedlove in his own interview! Thank's for putting it together, it was truly excellent!

@icemanpatino9071 3 жыл бұрын

If you remove government intervention you would revert to slavery. And you talk about the worker wanting more for less, I would argue that it's the employer that wants more for less as the worker is already giving his life. The banks and employers have created the issues we see today as they have sold out thier loyal worker for thier self interest and at all cost.

@samacumen 3 жыл бұрын

Feedback: If you could add timestamps to your podcasts would be super useful! Thanks!

@davecurtis86 3 жыл бұрын

"good intentions don't render bad ideas harmless" Even a well intentioned politician will cause destruction of wealth.. eg. Minimum wage etc. Good intention, disastrous result.

@saankid 3 жыл бұрын

This is one my favorite interviews you've made.

@soccerduder1 3 жыл бұрын

22:32 “Technology is advancing much faster than our ability to understand its implications” Leaves me wondering: how to help the average world citizens understand AI, blockchain, DeFi, etc. And who knows what is next to come!

@CuriosityUnchained 3 жыл бұрын

Excellent show, can’t wait for part 2

@SteveO21M 3 жыл бұрын

Been waiting so long for this! Guaranteed to be epic. Will update after watching.

@charlessmith2900 3 жыл бұрын

The phrase he’s looking for in the beginning, when trying to explain about the conception of ‘’violence’, is “initiation of physical force”. Any Rand originated and validated this concept in its proper form. Libertarians adopted it and use the name “Non-Aggression Principle”. Coercion & blackmail utilize the threat of initiating physical force. Limiting the power of government is mostly about limiting its activities to retaliatory, rather than initiatory, action. When a people delegates power to a government, it must only allow it a monopoly on RETALIATORY force, The initiation of physical force must be banned to all parties, even governments - especially governments - if a society is to be considered free.

@giordanobruno7593 3 жыл бұрын

Great conversation guys. To quote from the book on the subject raised at approximately 34:24 on page 305 "For this reason, it is expected that one or more nation-states will undertake covert action to subvert the appeal of transience. Travel could be effectively discouraged by biological warfare, such as the outbreak of a deadly epidemic. This could not only discourage the desire to travel, it could also give jurisdictions throughout the globe an excuse to seal their borders and limit immigration."

@chiefsittingstill6061 3 жыл бұрын

And just before that, "only the most patriotic or stupid will continue to reside in high-tax countries." :-; The passage that you highlighted is the end of a section; they don't go on to offer any insight into how these travel restrictions might be countered.

@cyphermunk889 3 жыл бұрын

Awesome content guys! huge fan of your channel and a huge fan of the book "The Sovereign individual". As bitcoiners, we should all be exploring this book now more than ever. Thank you!

@danie424 3 жыл бұрын

The digital economy works great for the young. How does it work for the elderly, infirm and otherwise not able to be economically productive in such an economy? For example my 84 year old father can still live alone and take care of himself but is not technologically literate enough to understand what cryptocurrency is. He doesn't even have a computer.

@venusrain4198 3 жыл бұрын

I’m 45 and do not understand a thing about crypto. I don’t know where to start and I don’t know who to trust 😩

@LukeMikic21 3 жыл бұрын

@@venusrain4198 there are lots of people who specialise in helping handhold people through adopting Bitcoin best practices

@Skimatik_DnB 3 жыл бұрын

“Trust and reputation are likely to make a major comeback” 👀🎯🎯🎯🎩 that is the best line iv herd today 🙌✌️💚☯️

@4Mikes4Mindset4 3 жыл бұрын

Recent new sub. Fantastic interviewer. It's good to hear this on occasion.

@janwanderer7660 3 жыл бұрын

the audio of guest is very difficult to listen, especially non native speakers, hopefully next ep has better audio

@jimmymarr4117 3 жыл бұрын

All other things being equal, non-natives should be able find and host their own speakers. Hopefully a Bitcoin Standard will obviate the need for such exceptionalist interventions in the guise of semitical correctness.

@TheBossEntrepreneur 3 жыл бұрын

Best Bitcoin Podcast in the world, no doubt!

@reenachudha9888 2 жыл бұрын

Literally got goosebumps listening to you two talk about Bitcoin and the future it offers us all

@andbank5590 3 жыл бұрын

Thanks Peter for inviting Robert only

@GeneBasler 3 жыл бұрын

The eradication of the initiation of unprovoked violence yes.

@Nmms625 3 жыл бұрын

I am 100 percent sure Breedlove does shrooms

@islandbee 3 жыл бұрын

He really tapped into that schroom state of mind towards the end. 😁

@thepmanvan111 3 жыл бұрын

Always great to listen to an intelligent deep thinker. Good show.

$@justin-fractionalhub5532$

@justin-fractionalhub5532 3 жыл бұрын

Part 2 let's go!

@MAVERICK-ti1hm 3 жыл бұрын

Great discussion, thank you Peter and Robert.

@RyanZakMusic 3 жыл бұрын

been reading this book for months... it's a dense one! thanks for the excellent content

@brettonwoodsvsbtc1217 3 жыл бұрын

Interesting discussion, thanks. There was a point in show where you mention people against BTC gravitating to FUD to say its rubbish. Eventually, buying BTC will be like putting money into your current bank account. There will be little volatility and people will think oh ok i will put that 3 Satoshi into my BTC account and the longer i leave it the more it will go up. This means the price is irrelevant. This is the return of the savings account.

@Palaxz 3 жыл бұрын

Great podcast! Now please take into consideration that if there is a desperate situation of gouvernments not being able to pay for debt, they could restrict internet to a local variant and that means that bitcoin cannot communicate when internet providers will restrict bitcoin's ports and other network patterns that could be employed to service bitcoin blockchain over the internet. The only solution here would be Tesla's sattelites. And Tesla has no incentive to block bitcoin.

@ajarnangus8837 3 жыл бұрын

Extremely informative and so good to hear. I got most of it due to the elegant explanations, bravo. What you guys laid out seemed like a wonderfully logical jigsaw of a decentralised future. What a world it could be?! (once the dust settles) . Exciting times indeed.

@tcpwiz1 3 жыл бұрын

Excellent discussion. Two of my favorites.

@MasekFilip 3 жыл бұрын

can we make like a gofundme page for Robert to get a decend microphone? His brain is golden but sometimes its hard to listen to it

@ForChiddlers 3 жыл бұрын

hi brain is golden? in bitcoin age? I think you sum it up very good, his brain is worthless now 🤣🤣🤣

@laskji 3 жыл бұрын

Yeah until someone genius hacks the bitcoin system. Coming soon I’m sure. Just a matter of time.

@magd4483 3 жыл бұрын

I really appreciate this content. Thanks to both of you. Just finished the book on audible. Probably going to hit it again here. Can't wait to see the notes!

@bujin5455 3 жыл бұрын

We need to get Breedlove a better mic.

@JackApfel 3 жыл бұрын

Please get James Dale Davidson, the author of the book to the podcast.

@RyanZakMusic 3 жыл бұрын

what stops governments from using violence against bitcoiners who refuse to pay their higher taxes?

@ross1800 3 жыл бұрын

Really enjoyed this talk, great work Peter and Robert

@goldbrick2751 3 жыл бұрын

Glad to see you both, lost of respect goes to you guys.

@GeneBasler 3 жыл бұрын

Unprovoked aggression against person and justly owned property. Don’t hit people and don’t take their stuff, and don’t threaten to hit people and take their stuff, and don’t make people “pay to play”.

@tscotts9699 2 жыл бұрын

This is aging well. Can't wait to check back in a year or ten.

@JP-cu2gm 3 жыл бұрын

Digital nomad sounds like your best bet Peter. If you’re slagging off the UK and want to move, you can’t have much more than 1% of the rest of the world’s countries to move to that would be less oppressive.

@silverfoils 3 жыл бұрын

Violence = the initiation of force.

@GOINPOSTAL1985 3 жыл бұрын

Breedlove gets his own Playlist

@TadhgRiordan 3 жыл бұрын

fantastic interview. Robert is really interesting to listen to

@lauramcconney9367 3 жыл бұрын

I would like to know what did you research specifically to form your analysis for this project? Very interested as I agree with you but already knew this from reading a Bible. It is spelled out exactly as you present it! However it goes beyond you to explain the future to the end of time. I'm a 74 year old with family of all ages who debate this subject from our individual age perspectives. I came up in the Catholic church which I denounce along with all Organized religions. But I believe in one Loving God who created us All and wants us to honor Him by Loving and caring for each other in Peace not war and greed!!! Thank you and I hope you will take the time to answer my question in a comment.

@samueldeveault2263 3 жыл бұрын

Please give me an adress where I can send Robert a microphone !! One of the individual with an immense knowledge on the subject but damnn you are hard to listen on speaker. (im serious for the donation btw)

@smokeyxxl 3 жыл бұрын

Phenomenal discussion.

@stickermigtigger 3 жыл бұрын

I'm sorry this all didn't happen when I was younger. It would have been a privilege to belong to a group of people who didn't give a shit for their neighbors. Every person for their-self is such a beautiful way to live.

@UIM_Loki 3 жыл бұрын

this podcost revealed a new side of peter for me, respect

@actnearnane3766 3 жыл бұрын

This is excellent talk after many u had recently

@nickycxjd791 3 жыл бұрын

Deep and mind blowing

@bleighky 3 жыл бұрын

This should have more views

@dmontaigne5643 3 жыл бұрын

BTC is crowning at $60k today!!!

@ForChiddlers 3 жыл бұрын

coercion doesn't work in the digital age... Google and apple chuckle 🤣🤣🤣

@GeneBasler 3 жыл бұрын

Meek ≠ weak...just because we’re pacifists doesn’t mean we are to be trifled with. Bitcoin is the future of voluntary interactions.

@scriptshamanji5400 3 жыл бұрын

Where's part 2?

@thorarthur66ddz 3 жыл бұрын

Peter has a cool hat on

@anubischick 3 жыл бұрын

Satoshi was seriously inspired. We need to give more credit to energy here to help us which we do not see. In this regard, it could be your son who would tell you best what Bitcoin is. It is a save the world moment. Natural Law is right. That's why it will save the world. The Universe gave us this new hand which Satoshi was dealt and shared with us. People attached to it is a deeper truth than Bitcoin itself. It is our ticket to ride. Finally. Inclusive.

@GeneBasler 3 жыл бұрын

Do you seriously need a working example to help you decide right from wrong?

@GeneBasler 3 жыл бұрын

He cites Mises. Cool. But Carson and Chartier do great work on ways in which the employer-employee relationship can be coercive. Moving away from the fairly callus and insensitive reply that “it’s incumbent upon the employee to develop the skill set to move on” but he’s correct that the bilateral coercion so to speak only exists in an intervened-in framework.

@chris18830 3 жыл бұрын

Calling it “callous” is a cheap and shallow way to interpret it. He didn’t imply that situation was fantastic and wonderful, he’s merely pointing out the alternatives one has in that situation.

@hyperbitcoinizationpod 3 жыл бұрын

Great ep. But Robert... wen ep 10?

@Closetive 3 жыл бұрын

You often hear libertarian bitcoiners look at charts that show wage growth isn’t keeping track with inflation, blaming the fiat system for this. Then they also argue that we shouldn’t raise the minimum wage. This seems like they are arguing both sides. Wouldn’t it make sense to do a minimum wage hike in a fiat system, even if they don’t believe in it in a sound money system?

@jasongrig 3 жыл бұрын

Robert for the love of god buy a decent microphone!

@declineofthewest. 3 жыл бұрын

Lets donate one

@RyanZakMusic 3 жыл бұрын

yes

@cmw3737 3 жыл бұрын

Please get some of your digital nomad friends on. Where do they live? What countries are most crypto friendly? Loads of content that nobody is talking about.

@laskji 3 жыл бұрын

The problem with the distinction these guys are making between ‘the state’ and ‘free market’ is (as Ayn Rand implicitly found out, when she couldn’t find her John Galt in the real world) that the mentality that wins in the market is the same mentality that wins in politics. The leaders in both worlds are, and must be, sociopaths. Thus the violence/non-violence, moral/immoral distinctions are moot points to these people. What matters is winning and only winning: and the motivation is pure nacissism. Free market leaders will use violence to achieve their ends if necessary: if the government is not available, free market forces will be assembled. I am gonna coin this faulty market/politics distinction: the “RandGalt fallacy.”

@GeneBasler 3 жыл бұрын

$60k!!!!!!!!!!!!! Great interview.

@bradynields9783 3 жыл бұрын

43:10 I think this is because people are trading the wrong asset to accumulate more BTC.

@EroAward 3 жыл бұрын

"#Bitcoin is F U money..." :) Cool definition! ;)

@TheTunnelVizion 3 жыл бұрын

Wage payments are a source of contention for working class Americans whos jobs are being "stolen" by someone(probably latin American or Asian) that is cheaper and more productive ( sounds like Capitalism to me), but capitalist Americans can't have that, so demand the government so something. They blame the immigrants, not capitalism, not the corporation that hired them. In short, individuals love the ideas of capitalism more than the practice. Don't get me wrong I'm a capitalist, but we have to be realistic about it and manage our expectations

@MaleLateBloomer 3 жыл бұрын

Man i might need to go all in Bitcoin, even use my £2000 free overdraft in my bank account lol. What happens if you dont pay your free overdraft back?

@Randomguydrm 3 жыл бұрын

Dont buy bitcoin on Credit. You will mess up your Bank rating. Have some spare Fiat and dca. Get out of debt

@MaleLateBloomer 3 жыл бұрын

@@Randomguydrm wise words random guy

@obi3897 3 жыл бұрын

@@MaleLateBloomer and when that dose you should know how you will be smiling,and another thing you should do is to learn how to stalk your bitcoin wallet so as not to fall in stock when other people's own are falling

@mgbeanyiabornaventureobinn6046 3 жыл бұрын

@@MaleLateBloomer I will advice you to use it and invest ,from strategies method bitcoin is going to rise to $90+ in few months, imagine that happening how you will be smiling at the bank

@GeneBasler 3 жыл бұрын

That’s like saying there’s never been a working example of a digital store of value or digital currency so I can’t fully believe in bitcoin! Come on

@TheTunnelVizion 3 жыл бұрын

I think Breedlove is a smart dude, but like most libertarians: his ideas are overly idealistic. For example, unemployment is not a consequence of government policy, it's a requirement of capitalism. There are "healthy" and "unhealthy" levels, but it could never be 0%. I also think libertarians conveniently omit the power dynamics within 'free markets'. The reality is that corporations cut corners, and exploit their labour forces, and the larger they get( more share holders) they more exploitive they become, because their only loyalty is the money. This is why people unionized. Safety, compensation, employee welfare are never a concern for corporate interest until employees threaten to walk; but why does it even get to that point? Because it's a system of winners and losers

@icemanpatino9071 3 жыл бұрын

Breedlove regurgitates what he hears and reads. He has no clue what is happening as you can see he hasn't thought about it himself.

@Dasrecord 3 жыл бұрын

why does he have a picture of brad garlinghouse on his bookshelf? lol

@penghunter4565 3 жыл бұрын

Satoshi is the NSA, Bitcoin is a trojan horse

@christuckwell3185 Жыл бұрын

Hasn't this been interesting a year later...

@TheBossEntrepreneur 3 жыл бұрын

When there is a day thet you are not posting Peter something his missing in my life.

@phoenix9677 3 жыл бұрын

few.

@bitcoinuserxxx9659 3 жыл бұрын

For god's sake someone offer a microphone to Breedlove. By the way clean your cam. How is this still possible in 2021. Damn...

@MehmetCan-ln4co 3 жыл бұрын

Ayn Rand speaking from her grave

@declineofthewest. 3 жыл бұрын

I hate to be this guy, but can we get Breedlove to start using an actual microphone? Most of his interviews sound like shit. He sounds like he's speaking from a storm drain. Love ya