How Debt Was Engineered to Keep You Trapped | Freddie New | BFM135

Freddie New is the Head of Policy at Bitcoin Policy UK, advocating for sensible Bitcoin regulations in the United Kingdom. With a background in law and lobbying, he works tirelessly to educate policymakers and the public about Bitcoin's potential in the UK financial landscape.› Follow Freddie: https://twitter.com/freddienew› Bitcoin Policy UK: https://bitcoinpolicy.ukSPONSORS🧘‍♂️ Gain peace of mind with Onramp’s Multi-Institution Custody solution. Receive $250 in Bitcoin when you join via https://onrampbitcoin.com/bram🔨 Stamp Seed: The safest way to backup your hardware wallet - Get 15% off with code BRAM at https://stampseed.comPRODUCTS I ENDORSE› Foundation Passport: a premium Bitcoin hardware wallet that I love. Get $10 off: https://foundation.xyz/bram› Buy Bitcoin in the EU 🇪🇺 via https://relai.me/bram and use code BRAM to reduce fees by 0.5%🔔 SUBSCRIBE TO GET NOTIFIED› YouTube: ⁠⁠https://youtube.com/@bramk⁠⁠› Follow Bram on ⁠⁠https://x.com/bramk🕑 TIMESTAMPS00:00 - Introduction to Bitcoin and Financial Systems02:06 - Understanding Modern Money and Debt08:06 - The Consequences of a Credit-Based System13:10 - Government Debt and Economic Implications22:11 - The Unsustainable Nature of Low Interest Rates28:28 - Bitcoin: A New Paradigm in Money36:03 - The Psychological Challenge of Understanding Money40:33 - The Complexity of Modern Financial Systems50:34 - The Impact of Monetary Policy on Generations55:43 - Bitcoin as a Solution to Financial Insecurityℹ️ EPISODE SUMMARYBram Kanstein and Freddie New examine the instability of traditional finance and Bitcoin's role as a critical alternative. They analyze how the 2008 financial crisis revealed fundamental flaws in our monetary system. This discussion covers:How modern money functions primarily as credit rather than tangible valueWhy monetary expansion inevitably leads to inflation and currency devaluationThe unique economic challenges faced by millennials in debt-based systemsHow Bitcoin emerged as a response to financial instabilityThe importance of financial literacy for personal protectionWhy Bitcoin represents a potential hedge as a hard, limited assetThe opacity that obscures how modern finance truly operatesThis conversation explores the credit-dependent nature of financial systems, the consequences of monetary expansion, and how Bitcoin offers an alternative pathway to wealth preservation and financial autonomy.