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
Disclaimer: The information shared in this episode is for informational and entertainment purposes only. Nothing discussed should be considered financial, legal, or tax advice. Always do your own research and consult with a qualified professional before making any investment or financial decisions
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