Greg Foss joins me as my first in-person guest for a discussion on how his 30-year career trading government bonds informed his thoughts on the impending failure of the fiat currency complex and, thus, the supreme relevancy of Bitcoin.Be sure to check out Swan Private, the trusted Bitcoin financial services provider for high-net-worth individuals and businesses worldwide: https://www.swanbitcoin.com/private/GUESTFoss’ Twitter: https://twitter.com/FossGregfossFoss’ Financial Education Platform: https://lookingglasseducation.com/ PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript: OUTLINE00:00:00 “What is Money?” Intro00:00:08 - Learn About Bitcoin With Swan Private at SwanPrivate.Com00:01:37 Government Bonds, Then and Now00:10:10 Debt-Based Commercial Banking Is Dependent on Inflation00:13:36 Foss’ Experience with the Cyclical Financial “Ponzi” System for 40 Years00:21:51 Credit, Bonds, and Equity: “Credit is the Dog and Equity is the Tail”00:27:40 The Standard 60/40 Bond-Equity Portfolio is Unsustainable00:32:08 Simple Math Analyzes Debt Markets with Total Global Debt/Global GDP00:35:52 Impending Default Risk of Countries and Bitcoin as Fiat Insurance00:45:18 Bitcoin Price Target00:46:20 - Watch "Hard Money With Natalie Brunell" from Swan Studios & Bitcoin Magazine!00:47:07 - Take Control of Your Healthcare with Crowd Health!00:48:16 QE Infinity and Debt Spiral Doubles US Debt-to-GDP Since 198000:52:34 Asymmetric Opportunity01:00:56 The $2M Price Estimate for Bitcoin01:07:36 Foss’ Personal Journey Launching “Looking Glass Education”01:16:00 You Don’t Learn About Sitting in a Risk Chair From Traditional Education01:23:19 Foss’ Role and Thoughts on the Freedom Convoy Protests01:34:59 Looking at the Future of Canada with Bitcoin01:39:15 “What is Money?” OutroSOCIALBreedlove 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?lang=enAll My Current Work: https://linktr.ee/breedlove22 WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/ WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=true RECOMMENDED BUSINESSESSwan Private guides high-net-worth individuals and businesses in all areas of Bitcoin strategy: https://www.swanbitcoin.com/private/CrowdHealth offers an innovative health insurance model based on Bitcoin and community: https://www.joincrowdhealth.com/breedloveOkcoin is an innovative and education-focused cryptoasset exchange platform—earn $50 in free Bitcoin by signing up at: https://okcoin.com/breedloveJoin Me At Bitcoin 2023, pre-order your tickets now (discount code BREEDLOVE): https://b.tc/conference/2023Automatic Recurring Bitcoin Buys and Withdrawals: https://www.swanbitcoin.com/breedlove/