#9 Luke Broyles - The Perfect Closed Monetary System

Luke Broyles, is a popular Writer, Bitcoin Analyst and Twitter Personality with a background in real estate and investing. Luke recently wrote two viral Twitter threads that broke the internet (linked below). In this conversation Luke goes on a deep-dive with Jack on the threads with a central theme of the evolution on society throughout the ages, why your stocks and bonds are going to zero and bitcoin as *the* perfect; closed monetary system.  

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Mentioned in the video: Luke's Twitter: @luke_broyles
Twitter Thread One: https://twitter.com/luke_broyles/status/1615389267437490177
Twitter Thread Two: https://twitter.com/luke_broyles/status/1618252730954567680

Where to Follow Jack:
Twitter: https://twitter.com/stillearlyjack
LinkedIn: https://www.linkedin.com/in/jack-star...
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TIMESTAMPS:
0:00 - Introduction
08:15 - Technological + Societal evolution through time
18:20 - Gaming out the thesis
21:40 - Deflation in everything, forever?
26:50 - Stocks, bonds, cash - zero zero zero
34:30 - Is it binary?
44:50 - A perfect closed-monetary system
53:50 - The death of the legacy monetary system
1:04:55 - How much bitcoin will I need?
1:18:40 - What would make Luke change his mind?
1:33:30 - Wrap Up and Closing Thoughts