All Episodes

July 23, 2025 33 mins

Key Takeaways:

  1. Money Systems Work Like Nature: Just like in nature, money systems depend on things like flow, limited supply, and trust to keep working properly.
  2. Money Changes with Society: Over time, money has changed—from gold to paper money to Bitcoin—showing how our values and systems grow and shift.
  3. Bitcoin as a Fresh Start: Bitcoin is a new kind of money. It uses digital tools and is limited in supply, giving people more control without needing to rely on banks.
  4. New Ways to Invest: Real estate and stocks used to be the main way to build wealth, but now digital assets like Bitcoin are becoming important too.
  5. Taking Control of Your Money: As old money systems become less trusted, more people are turning to digital finance to take charge of their own money and future.

Chapters:

Timestamp Summary

0:00 Understanding Financial Systems Through Scarcity, Circulation, and Trust

6:45 Evolution of Money: From Gold to Bitcoin

17:09 Scarcity and Velocity as Keys to Wealth in Modern Economy

22:33 The Unstable System of Fiat Currency and Banking

27:09 Understanding Bitcoin's Role in the New Financial Universe

29:53 The Illusion of Security and the Power of Self-Sovereignty

 

Powered by Stone Hill Wealth Management

 

Social Media Handles 

 

Follow Phillip Washington, Jr. on Instagram (@askphillip)

 

Subscribe to Wealth Building Made Simple newsletter

https://www.wealthbuildingmadesimple.us/

 

Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!

 

WBMS Premium Subscription

 

Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

Mark as Played

Advertise With Us

Popular Podcasts

On Purpose with Jay Shetty

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!

Stuff You Should Know

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

Dateline NBC

Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com

Music, radio and podcasts, all free. Listen online or download the iHeart App.

Connect

© 2025 iHeartMedia, Inc.