We dive into:Â
🔹 How government waste distorts economic incentivesÂ
🔹 The impact of deflationary spendingÂ
🔹 How broken incentives shape the military-industrial complexÂ
🔹 The effects of Elon Musk, DOGE, and auditing government spendingÂ
🔹 How the investment landscape is rapidly evolvingÂ
Whether you're a Bitcoin investor, an entrepreneur, or just curious about how government inefficiencies create opportunities, this episode is packed with insights you won’t want to miss.Â
🎙 Guest: Preston Pysh X/Twitter - https://x.com/PrestonPysh We Study Billionaires Podcast on YouTube - https://www.youtube.com/@WeStudyBillionaires The Investors Podcast on YouTube - https://www.youtube.com/@TheInvestorsPodcastNetwork
Timestamps:Â
00:00 IntroÂ
00:36 Introducing PrestonÂ
01:35 Government waistÂ
04:10 The game theory of fiat currencyÂ
08:18 Is DOGE efficientÂ
13:20 Impacts of deflationary spendingÂ
18:28 Broken incentives in the military industrial complexÂ
25:34 Being in charge of a billion dollar budgetÂ
28:27 Elon Musk and the DOGE auditing government spendingÂ
30:49 What the average investor doesn’t understandÂ
36:56 The investment landscape is changingÂ
42:14 How Ego Death chooses what to invest inÂ
45:45 Preston’s unfair advantage when investingÂ
48:18 Mistakes entrepreneurs make when seeking fundraisingÂ
54:10 The impact to leave behind in the Bitcoin spaceÂ
56:26 Outro
Learn more: https://abundantmines.com/
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