We dive into:
🔹 How government waste distorts economic incentives
🔹 The impact of deflationary spending
🔹 How broken incentives shape the military-industrial complex
🔹 The effects of Elon Musk, DOGE, and auditing government spending
🔹 How the investment landscape is rapidly evolving
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.
🎙 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:
00:00 Intro
00:36 Introducing Preston
01:35 Government waist
04:10 The game theory of fiat currency
08:18 Is DOGE efficient
13:20 Impacts of deflationary spending
18:28 Broken incentives in the military industrial complex
25:34 Being in charge of a billion dollar budget
28:27 Elon Musk and the DOGE auditing government spending
30:49 What the average investor doesn’t understand
36:56 The investment landscape is changing
42:14 How Ego Death chooses what to invest in
45:45 Preston’s unfair advantage when investing
48:18 Mistakes entrepreneurs make when seeking fundraising
54:10 The impact to leave behind in the Bitcoin space
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
Learn more: https://abundantmines.com/
Follow us on X/Twitter: https://x.com/AbundantMines
Follow us on Instagram: https://www.instagram.com/abundantmines/
Follow us on YouTube: https://www.youtube.com/@AbundantMines
Follow us on LinkedIn:https://www.linkedin.com/company/abundant-mines/