April 21, 2025 • 10 mins
The Bitcoin Series – Part 1: Can Bitcoin Fix the System?
In this premiere episode of The Bitcoin Series, I take a step back from the hype and headlines to ask the deeper question:
Is Bitcoin really a solution — or just a new system with the same problems?
This episode explores the idea of Bitcoin as policy-agnostic, how it operates outside traditional politics and economics, and what that actually means in a world full of corruption, inequality, and broken institutions.
We talk:
Let’s find out if Bitcoin is just an idea… or a real alternative to the system we’re stuck in.
Listen now and follow The Crypto 101 Show for more deep-dive episodes in this series.
Join the discord server - https://discord.gg/Y9CPnYm8C2
Looking for Crypto apparel? Crypto 101 swag, shirts and apparel available here. This episode is sponsered by Joe Ugly Apparel - www.joeuglyapparel.com
This week's episode was produced by The WIld 1 Media. If you or anyone you know is looking for podcast editing, podcast production, or any other podcast services please reach out to The WIld 1 Media at www.thewild1media.com. Thanks for listening.
FOLLOW US ON:
Facebook - @crypto101show or https://www.facebook.com/The-Crypto-101-Show-100158338867665
Instagram - https://www.instagram.com/crypto101show/
Sign up for our newsletter - thecrypto101show@gmail.com
Produced by The Wild 1 Media - www.thewild1media.com
Check out our other podcasts-
https://darksidediaries.sounder.fm
https://anchor.fm/ttmygh
https://anchor.fm/morning-joe-rant-show
#bitcoin #BTC #crypto #cryptocurrency #defi #coins #cryptocoins #blockchain #finance #inequality #policyagnostic #inflation #centralbanks #technology
In this premiere episode of The Bitcoin Series, I take a step back from the hype and headlines to ask the deeper question:
Is Bitcoin really a solution — or just a new system with the same problems?
This episode explores the idea of Bitcoin as policy-agnostic, how it operates outside traditional politics and economics, and what that actually means in a world full of corruption, inequality, and broken institutions.
We talk:
- What “policy-agnostic” actually means
- Whether Bitcoin’s neutrality is a strength or a weakness
- How the code stays the same no matter who’s in power — but the people using it don’t
Let’s find out if Bitcoin is just an idea… or a real alternative to the system we’re stuck in.
Listen now and follow The Crypto 101 Show for more deep-dive episodes in this series.
Join the discord server - https://discord.gg/Y9CPnYm8C2
Looking for Crypto apparel? Crypto 101 swag, shirts and apparel available here. This episode is sponsered by Joe Ugly Apparel - www.joeuglyapparel.com
This week's episode was produced by The WIld 1 Media. If you or anyone you know is looking for podcast editing, podcast production, or any other podcast services please reach out to The WIld 1 Media at www.thewild1media.com. Thanks for listening.
FOLLOW US ON:
Facebook - @crypto101show or https://www.facebook.com/The-Crypto-101-Show-100158338867665
Instagram - https://www.instagram.com/crypto101show/
Sign up for our newsletter - thecrypto101show@gmail.com
Produced by The Wild 1 Media - www.thewild1media.com
Check out our other podcasts-
https://darksidediaries.sounder.fm
https://anchor.fm/ttmygh
https://anchor.fm/morning-joe-rant-show
#bitcoin #BTC #crypto #cryptocurrency #defi #coins #cryptocoins #blockchain #finance #inequality #policyagnostic #inflation #centralbanks #technology
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:09):
Welcome to the Crypto one on one Show, where we
dive into the world of cryptocurrencies, bitcoin, blockchain, and all
the technology with it. Whether you're experienced or a beginner
to crypto, our goal is to break down complex concepts
and make it easy for you to understand the basics,
from Bitcoin to all coins. We'll cover it all in
a way that's easy to digest and provide listeners with
(00:30):
the knowledge and understanding they need to make informed decisions
and better critical thought. Sit back, relax, and let's simplify
your understanding of cryptocurrencies on the Crypto one on one Show,
(00:52):
The Bitcoin Series, Part one, Can Bitcoin Fix the System?
I need to start off by saying this is not
financial advice, so if you're looking for that, the show
isn't for you. The content of this podcast episode is
for informational purposes only. The opinions expressed here are not
meant to be taken as financial investment or any other advice.
It's been a minute since I released a new episode.
(01:14):
During that break, I've been doing what I hope more
people are doing right now, learning, listening, and asking deeper questions.
This series is the result of that process. What's the
true point of bitcoin, not just the hype, the price,
or the tribalism, but the real conversation underneath it all.
Let me be clear, I'm coming at this as agnostic
(01:38):
as possible. I'm not here to preach, pump or shill.
I'm here to explore, and my goal, as always is
to be open, transparent, and make the complex feel simple
enough to start understanding. In this series, I'm not asking
surface level questions like is bitcoin a good investment? Is
the next financial revolution? I'm asking deeper ones. What kind
(02:01):
of world does bitcoin create? Can it actually fix inequality?
What happens to the people who get left behind in
the transition. These are questions that either I've asked or
people have asked me, and they are moral, ethical, and
sometimes uncomfortable, but that's why they matter. Bitcoin has become
a force in finance, and that's largely because of the
(02:23):
growing distrust in the traditional monetary system, inflation, endless bailouts,
over regulation, centralization. Some say bitcoin is the antidote the
path to independence, freedom and sovereignty, But we have to
ask freedom for who, stability for who, and at what
costs or gained to the people who weren't invited to
(02:45):
the table before, So let's start from the beginning and
see if bitcoin really can fix the system. Question one,
is bitcoin actually policy agnostic? Yes? By design, Bitcoin is
policy agnostic. That means it operates independently of political ideologies,
economic policies, or government agendas. It doesn't enforce or adapt
(03:09):
to fiscal policy, set interest rates, respond to inflation targets,
or bail anyone out. Bitcoin is decentralized. No central bank,
no government, no regulatory body controls it. It runs on math,
not policy. Every ten minutes or so, it produces a
new block, no matter who's in office, what the feed
(03:29):
is doing, or what kind of crisis is unfolding. Where
traditional financial systems are reactive to politics and economics, Bitcoin
is predictable and neutral. Banks may raise rates or change
lending practices based on policy. But Bitcoin it just follows
the code, a fixed twenty one million coin, supply verified
globally and enforced by consensus, and it doesn't care who
(03:52):
you are. You could be a libertarian, a progressive, an anarchist,
or even a government. Bitcoin doesn't know or care. It's
open to anyone with an Internet connection. In that way,
it doesn't belong to the left or right, it's a
neutral base layer. But here's the nuance. While bitcoin itself
is policy agnostic, its usage, regulation, and perception are not.
(04:15):
Governments can still ban or restricted. They can regulate it
as a property, currency, or commodity. They try to tax
it or surveil its use, or even adopt it as
legal tender like El Salvador. So yes, bitcoin is neutral
by design, but how it's treated in the real world
is still very much political. Its computer code, but code
(04:37):
lives in the world we build around it. Question two,
how does it address wealth inequality or does it just
recreate new elites? This is one of the most important
and most uncomfortable questions we can ask about bitcoin. Yes,
bitcoin absolutely has the potential to create new generational wealth,
and like every financial revolution before it, land ownership created aristocracies,
(05:00):
oil created the industrial elite, and tech stocks built the
Silicon valley class. That's both a feature and a concern.
There are people and institutions in the bitcoin space known
as whales, those who hold large amounts of bitcoin, often
because they bought in early, when it was cheap or
minded before it was widely known. Just like early industrialists
(05:21):
in oil or railroads. Early adopters here gained an advantage.
Some of them hold tens or hundreds of thousands of coins.
So does this just recreate a new elite class. It
can if we don't build systems that prioritize fairness access
in education. But bitcoin also has properties that make it
fundamentally different from legacy wealth systems. Key differences that matter.
(05:45):
Bitcoin is still early. Only about two to three percent
of the world holds any bitcoin. We're in the early
innings and ownership is expanding. Whales can't rig the system.
In fiat systems, the elite can lobby, print money and
change the rules. In bitcoin, the supply is fixed at
twenty one million coins. Nobody can print more. Nobody can
rewrite the rules to benefit themselves. Everything is transparent. Anyone
(06:10):
can track large wallets. Inequality is visible, not hidden behind
layers of lobbying or offshore accounts. Decentralization grows with adoption.
As more people buy, use, and hold bitcoin, even in
small amounts, it spreads across more wallets and nodes which
are people using it. This makes the network more robust
and less dependent on the top one percent. What this
(06:33):
means for inequality, Bitcoin doesn't eliminate inequality, but it radically
limits the ways inequality can be exploited. In fiat, wealth
can manipulate policy. In bitcoin, wealth still exists, but the
playing field is open. Anyone anywhere can save in bitcoin,
custard their own assets, participate in a global economy without permission,
(06:56):
and pass value to their family unconfiscated, and on set answered.
But none of this happens automatically. It requires access, education,
and inclusion. If bitcoin is only for tech bros and
hedge funds, we've all just rebranded in equality. But if
it becomes a tool for everyone, it has the potential
power to rebuild economic freedom from the bottom up. Question three,
(07:21):
Can it fix what's broken or just shift the brokenness?
This question gets to the heart of every revolution that's
ever promised change. Are we actually building something better or
just reshuffling the power and calling it progress. Bitcoin is
often called the fix to a broken system, and in
some ways that's true. The system we live in today
(07:41):
is deeply flawed. Inflation devalue savings, central banks control the money, supply,
bailouts and favoritism reward the powerful, Surveillance and gatekeeping exclude
the vulnerable. Bitcoin offers a counterpoint to all of that.
It has a fixed supply, No one can print more decentralize,
no single point of control. It's permissionless. Anyone can use it.
(08:02):
It's borderless, no passport, bank, or ID required. But here's
the truth. Technology doesn't fix human nature. It doesn't erase greed,
it doesn't erase fear, tribalism, or inequality. So while bitcoin
can eliminate manipulation by central banks, it can't stop people
from exploiting others. It can't stop wales from flexing their influence.
It can't guarantee fair outcomes, only fair rules. And once
(08:26):
you introduce policy, ethics, and human judgment into the system,
the conversation gets more complicated. So can bitcoin fix what's broken?
Not alone, but it gives us a real shot at
stopping the same mistakes from happening again if we do
the work alongside it. If we bring broken values into
a new system, we'll just rebuild the old one on
(08:48):
a shinier new blockchain. But if we treat bitcoin not
as a savior but as a starting point, becomes something else,
entirely a foundation for a system where fairness isn't given,
it's earned, ptected, and shared. So this wraps up Part
one of the Bitcoin series. We open with three big questions.
Is bitcoin actually policy agnostic? Does it address wealth and
(09:10):
equality or just create new elites? Can it fix what's broken?
Are we just shifting the brokenness? And while there aren't
always simple answers, what's clear as this Bitcoin isn't magic,
it's not perfect, but it might be one of the
most important tools we have to rethink the foundation of
how money, power and access work in our world. Whether
it succeeds or fails depends less on the code and
(09:32):
more on what we do with it. If the episode
sparks something in you, curiosity, confusion, or a challenge to
your own thinking, then we're headed in the right direction.
Next up, in part two, we're diving deeper into how
bitcoin impacts policy, social programs, and the way we support
a functioning society, because it's not just about fixing money,
it's about protecting what matters while we do it. I
(09:55):
want to be extremely upfront that try my best leave
all my opinions out of this. I know this is
very denst and simplified, but I want you to gain
your own understanding of beliefs and not be persuaded by me.
I hope this helped you gain a better grasp of it.
Please remember to share, a follow, and subscribe to our
mailing list and to your favorite podcast app for future
episodes so you can gain more with your crypto knowledge.
(10:15):
Thanks for being here. If you found this valuable, share
it tag someone who needs to hear it or just
sit with it. Thanks for listening to this episode of
The Crypto One on one Show. If you would like
to join our email list, email us at the Crypto
(10:36):
One on one Show at gmail dot com for more
helpful tips. Subscribe in your favorite podcast app and leave
a review so that you don't miss our next episode.
See you next time.
Welcome to the Crypto one on one Show, where we
dive into the world of cryptocurrencies, bitcoin, blockchain, and all
the technology with it. Whether you're experienced or a beginner
to crypto, our goal is to break down complex concepts
and make it easy for you to understand the basics,
from Bitcoin to all coins. We'll cover it all in
a way that's easy to digest and provide listeners with
(00:30):
the knowledge and understanding they need to make informed decisions
and better critical thought. Sit back, relax, and let's simplify
your understanding of cryptocurrencies on the Crypto one on one Show,
(00:52):
The Bitcoin Series, Part one, Can Bitcoin Fix the System?
I need to start off by saying this is not
financial advice, so if you're looking for that, the show
isn't for you. The content of this podcast episode is
for informational purposes only. The opinions expressed here are not
meant to be taken as financial investment or any other advice.
It's been a minute since I released a new episode.
(01:14):
During that break, I've been doing what I hope more
people are doing right now, learning, listening, and asking deeper questions.
This series is the result of that process. What's the
true point of bitcoin, not just the hype, the price,
or the tribalism, but the real conversation underneath it all.
Let me be clear, I'm coming at this as agnostic
(01:38):
as possible. I'm not here to preach, pump or shill.
I'm here to explore, and my goal, as always is
to be open, transparent, and make the complex feel simple
enough to start understanding. In this series, I'm not asking
surface level questions like is bitcoin a good investment? Is
the next financial revolution? I'm asking deeper ones. What kind
(02:01):
of world does bitcoin create? Can it actually fix inequality?
What happens to the people who get left behind in
the transition. These are questions that either I've asked or
people have asked me, and they are moral, ethical, and
sometimes uncomfortable, but that's why they matter. Bitcoin has become
a force in finance, and that's largely because of the
(02:23):
growing distrust in the traditional monetary system, inflation, endless bailouts,
over regulation, centralization. Some say bitcoin is the antidote the
path to independence, freedom and sovereignty, But we have to
ask freedom for who, stability for who, and at what
costs or gained to the people who weren't invited to
(02:45):
the table before, So let's start from the beginning and
see if bitcoin really can fix the system. Question one,
is bitcoin actually policy agnostic? Yes? By design, Bitcoin is
policy agnostic. That means it operates independently of political ideologies,
economic policies, or government agendas. It doesn't enforce or adapt
(03:09):
to fiscal policy, set interest rates, respond to inflation targets,
or bail anyone out. Bitcoin is decentralized. No central bank,
no government, no regulatory body controls it. It runs on math,
not policy. Every ten minutes or so, it produces a
new block, no matter who's in office, what the feed
(03:29):
is doing, or what kind of crisis is unfolding. Where
traditional financial systems are reactive to politics and economics, Bitcoin
is predictable and neutral. Banks may raise rates or change
lending practices based on policy. But Bitcoin it just follows
the code, a fixed twenty one million coin, supply verified
globally and enforced by consensus, and it doesn't care who
(03:52):
you are. You could be a libertarian, a progressive, an anarchist,
or even a government. Bitcoin doesn't know or care. It's
open to anyone with an Internet connection. In that way,
it doesn't belong to the left or right, it's a
neutral base layer. But here's the nuance. While bitcoin itself
is policy agnostic, its usage, regulation, and perception are not.
(04:15):
Governments can still ban or restricted. They can regulate it
as a property, currency, or commodity. They try to tax
it or surveil its use, or even adopt it as
legal tender like El Salvador. So yes, bitcoin is neutral
by design, but how it's treated in the real world
is still very much political. Its computer code, but code
(04:37):
lives in the world we build around it. Question two,
how does it address wealth inequality or does it just
recreate new elites? This is one of the most important
and most uncomfortable questions we can ask about bitcoin. Yes,
bitcoin absolutely has the potential to create new generational wealth,
and like every financial revolution before it, land ownership created aristocracies,
(05:00):
oil created the industrial elite, and tech stocks built the
Silicon valley class. That's both a feature and a concern.
There are people and institutions in the bitcoin space known
as whales, those who hold large amounts of bitcoin, often
because they bought in early, when it was cheap or
minded before it was widely known. Just like early industrialists
(05:21):
in oil or railroads. Early adopters here gained an advantage.
Some of them hold tens or hundreds of thousands of coins.
So does this just recreate a new elite class. It
can if we don't build systems that prioritize fairness access
in education. But bitcoin also has properties that make it
fundamentally different from legacy wealth systems. Key differences that matter.
(05:45):
Bitcoin is still early. Only about two to three percent
of the world holds any bitcoin. We're in the early
innings and ownership is expanding. Whales can't rig the system.
In fiat systems, the elite can lobby, print money and
change the rules. In bitcoin, the supply is fixed at
twenty one million coins. Nobody can print more. Nobody can
rewrite the rules to benefit themselves. Everything is transparent. Anyone
(06:10):
can track large wallets. Inequality is visible, not hidden behind
layers of lobbying or offshore accounts. Decentralization grows with adoption.
As more people buy, use, and hold bitcoin, even in
small amounts, it spreads across more wallets and nodes which
are people using it. This makes the network more robust
and less dependent on the top one percent. What this
(06:33):
means for inequality, Bitcoin doesn't eliminate inequality, but it radically
limits the ways inequality can be exploited. In fiat, wealth
can manipulate policy. In bitcoin, wealth still exists, but the
playing field is open. Anyone anywhere can save in bitcoin,
custard their own assets, participate in a global economy without permission,
(06:56):
and pass value to their family unconfiscated, and on set answered.
But none of this happens automatically. It requires access, education,
and inclusion. If bitcoin is only for tech bros and
hedge funds, we've all just rebranded in equality. But if
it becomes a tool for everyone, it has the potential
power to rebuild economic freedom from the bottom up. Question three,
(07:21):
Can it fix what's broken or just shift the brokenness?
This question gets to the heart of every revolution that's
ever promised change. Are we actually building something better or
just reshuffling the power and calling it progress. Bitcoin is
often called the fix to a broken system, and in
some ways that's true. The system we live in today
(07:41):
is deeply flawed. Inflation devalue savings, central banks control the money, supply,
bailouts and favoritism reward the powerful, Surveillance and gatekeeping exclude
the vulnerable. Bitcoin offers a counterpoint to all of that.
It has a fixed supply, No one can print more decentralize,
no single point of control. It's permissionless. Anyone can use it.
(08:02):
It's borderless, no passport, bank, or ID required. But here's
the truth. Technology doesn't fix human nature. It doesn't erase greed,
it doesn't erase fear, tribalism, or inequality. So while bitcoin
can eliminate manipulation by central banks, it can't stop people
from exploiting others. It can't stop wales from flexing their influence.
It can't guarantee fair outcomes, only fair rules. And once
(08:26):
you introduce policy, ethics, and human judgment into the system,
the conversation gets more complicated. So can bitcoin fix what's broken?
Not alone, but it gives us a real shot at
stopping the same mistakes from happening again if we do
the work alongside it. If we bring broken values into
a new system, we'll just rebuild the old one on
(08:48):
a shinier new blockchain. But if we treat bitcoin not
as a savior but as a starting point, becomes something else,
entirely a foundation for a system where fairness isn't given,
it's earned, ptected, and shared. So this wraps up Part
one of the Bitcoin series. We open with three big questions.
Is bitcoin actually policy agnostic? Does it address wealth and
(09:10):
equality or just create new elites? Can it fix what's broken?
Are we just shifting the brokenness? And while there aren't
always simple answers, what's clear as this Bitcoin isn't magic,
it's not perfect, but it might be one of the
most important tools we have to rethink the foundation of
how money, power and access work in our world. Whether
it succeeds or fails depends less on the code and
(09:32):
more on what we do with it. If the episode
sparks something in you, curiosity, confusion, or a challenge to
your own thinking, then we're headed in the right direction.
Next up, in part two, we're diving deeper into how
bitcoin impacts policy, social programs, and the way we support
a functioning society, because it's not just about fixing money,
it's about protecting what matters while we do it. I
(09:55):
want to be extremely upfront that try my best leave
all my opinions out of this. I know this is
very denst and simplified, but I want you to gain
your own understanding of beliefs and not be persuaded by me.
I hope this helped you gain a better grasp of it.
Please remember to share, a follow, and subscribe to our
mailing list and to your favorite podcast app for future
episodes so you can gain more with your crypto knowledge.
(10:15):
Thanks for being here. If you found this valuable, share
it tag someone who needs to hear it or just
sit with it. Thanks for listening to this episode of
The Crypto One on one Show. If you would like
to join our email list, email us at the Crypto
(10:36):
One on one Show at gmail dot com for more
helpful tips. Subscribe in your favorite podcast app and leave
a review so that you don't miss our next episode.
See you next time.
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Special Summer Offer: Exclusively on Apple Podcasts, try our Dateline Premium subscription completely free for one month! With Dateline Premium, you get every episode ad-free plus exclusive bonus content.
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!