Robert Breedlove says 'Bitcoin is the fix' to central banking scam
Robert Breedlove, host of the What is Money? podcast, believes Bitcoin is far more than a portfolio asset—it's the antidote to a broken financial system.
Speaking with Scott Melker on TheStreet Roundtable, he argued that most people misunderstand Bitcoin's potential because they see it as 'just another investment,' instead of 'money that no one can counterfeit.'
'What is money obviously being the main question we probably want to answer today for our audience,' said Melker.
Speaking to a largely TradFi viewership, he expressed concern that most newcomers only see Bitcoin as 'just another investment,' rather than a transformative monetary force.
Breedlove agreed, emphasizing the philosophical and structural issues underlying modern money. 'One big obvious answer is that Bitcoin is money. But then problems arise when you try to ask yourself, what is money?' he said. 'It seems to be one of these technologies that touches almost every domain of life, kind of like spoken language.'
He offered a simple definition, 'Money is that thing through which we acquire goods and services.' Noting that 'all goods and services require energy to produce,' he argued that money itself should also require energy—something fiat currencies lack.
'That is basically what the central banking scam is in a nutshell,' Breedlove stated. 'They can produce money at zero cost effectively… and use the newly issued money to acquire goods and services.' In contrast, 'Bitcoin is the fix to that scam… it requires work and energy to produce. And so therefore it functions really well as a store of value across time.'
When asked whether Bitcoin will ever truly function as everyday money, Breedlove didn't hesitate: 'I am of the strong belief that Bitcoin eats all the monetary premium in the world.' He sees fiat currencies heading toward inevitable hyperinflation, driving capital into Bitcoin, 'The monetary premium associated with all those other assets will also collapse into Bitcoin and then we'll have much more of a value investing free market economy with accurate price discovery on a Bitcoin standard.'
Robert Breedlove is a philosopher, entrepreneur, and host of the What is Money? podcast, where he explores the intersection of economics, Bitcoin, and philosophy. A prominent voice in the Bitcoin space, he's known for his deep dives into monetary history and theory. Breedlove has been featured in numerous crypto thought leadership circles and is considered one of the most articulate proponents of Bitcoin as sound money.
Robert Breedlove says 'Bitcoin is the fix' to central banking scam first appeared on TheStreet on May 23, 2025
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