Podcasts about fiat standard

// GUEST //Website/Books: https://saifedean.com/X: https://x.com/saifedeanInstagram: https://www.instagram.com/saifedean/YouTube: https://www.youtube.com/@saifedean // SPONSORS //iCoin: https://icointechnology.com/breedloveNetsuite: https://netsuite.com/whatismoneyCowbolt: https://cowbolt.com/Heart and Soil Supplements (use discount code BREEDLOVE): https://heartandsoil.co/Blockware Solutions: https://mining.blockwaresolutions.com/breedloveIn Wolf's Clothing: https://wolfnyc.com/Onramp: https://onrampbitcoin.com/?grsf=breedloveMindlab Pro: https://www.mindlabpro.com/breedloveCoinbits: https://coinbits.app/breedloveThe Farm at Okefenokee: https://okefarm.com/ // PRODUCTS I ENDORSE //Protect your mobile phone from SIM swap attacks: https://www.efani.com/breedloveLineage Provisions (use discount code BREEDLOVE): https://lineageprovisions.com/?ref=breedlove_22Colorado Craft Beef (use discount code BREEDLOVE): https://coloradocraftbeef.com/Salt of the Earth Electrolytes: http://drinksote.com/breedloveJawzrsize (code RobertBreedlove for 20% off): https://jawzrsize.com // SUBSCRIBE TO THE CLIPS CHANNEL //https://www.youtube.com/@robertbreedloveclips2996/videos // TIMESTAMPS //0:00 - WiM Episode Trailer1:17 - Principles of (Austrian) Economics3:51 - Time Preference and Maturity9:45 - Cooperation and Delayed Gratification19:54 - Morality and Money Printing28:51 - Bitcoin and Building Civilization 39:56 - Keynesian Econ Bullshit46:49 - The Axiom of Action48:23 - iCoin Bitcoin Wallet49:53 - NetSuite by Oracle51:03 - Cowbolt: Settle in Bitcoin52:18 - Heart and Soil Supplements53:18 - Mine Bitcoin with Blockware Solutions54:43 - Helping Lightning Startups with In Wolf's Clothing55:35 - Onramp Bitcoin Custody57:32 - Mind Lab Pro Supplements58:41 - Buy Bitcoin with Coinbits1:00:09 - The Farm at Okefenokee1:01:33 - Thanks For Watching! // PODCAST //Podcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsERSS Feed: https://feeds.simplecast.com/MLdpYXYI // SUPPORT THIS CHANNEL //Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://account.venmo.com/u/Robert-Breedlove-2 // SOCIAL //Breedlove X: https://x.com/Breedlove22WiM? X: https://x.com/WhatisMoneyShowLinkedin: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22Substack: https://breedlove22.substack.com/All My Current Work: https://linktr.ee/robertbreedlove

In this episode, I sit down with Matthew Lysiak, a nationally recognized investigative journalist and author of Fiat Food: Why Inflation Destroyed Our Health and How Bitcoin Fixes It. Together, we unpack how inflation has silently undermined our health. ––– Offers & Discounts –––

Harris Irfan, CEO Cordoba Capital Markets & Advisor at @OnrampMENA joins me to discuss challenges and opportunities within Islamic finance, ethics of finance in business and the intersection of Islamic finance and Bitcoin. Harris highlights building a financial system focused on real economy transactions, sharing insights on finance, custody, and Bitcoin investment.  Summary In this conversation, Harris Irfan discusses his journey from conventional finance to Islamic finance and Bitcoin. He explores the challenges and opportunities within Islamic finance, particularly in relation to ethical finance and risk-sharing principles. The discussion delves into the intersection of Islamic finance and Bitcoin, highlighting the potential for Bitcoin to serve as a sound monetary system that aligns with Islamic principles. Harris emphasizes the importance of creating a financial system that prioritizes real economy transactions over speculative practices, and he shares insights on the future of finance, custody, and investment decisions in a Bitcoin standard. Takeaways Harris Irfan transitioned from conventional finance to Islamic finance and Bitcoin. Islamic finance emphasizes ethical finance and risk-sharing principles. Bitcoin is viewed as a modern form of sound money, potentially more Islamic than gold. The challenges of Islamic finance are exacerbated by the fiat banking system. Custody solutions for Bitcoin are evolving, with a focus on self-custody. Cultural perspectives on money influence the adoption of Bitcoin in Muslim communities. Trade finance can be structured to align incentives between investors and businesses. The VC industry may need to adapt to a sound money standard. Hurdle rates for investments will change in a Bitcoin economy. Optimism about the future of Bitcoin is essential for its growth. Timestamps: (00:00) - Intro  (01:04) - Harris's background with finance & Islamic banking (07:44) - Comparing Fiat banking with Islamic finance  (12:06) - The intersection of Islamic finance and Bitcoin (18:21) - Custodying Bitcoin - Individuals vs. Trusted custodians (25:51) - What are misconceptions about Bitcoin among muslims? (30:20) - What are the cultural differences when operating on a Fiat Standard vs Sound Money Standard? (33:27) - What does it mean to share risk in finance? (39:12) - The viability of different financial models (45:35) - What would finance look like in a Full Reserve Bitcoin banking world? (54:17) - How does one navigate with morality & ethics in the current Fiat world? (59:00) - Bitcoin compared to hurdle rates in investment decisions (1:02:11) - Outro Includes Paid Partnerships (16:04) - Sponsors (38:11) - Sponsor Links:  https://x.com/harris_irfan  https://www.ccmkts.com/ Sponsors: Bold Bitcoin CoinKite.com (code LIVERA) mempool.space/accelerator  Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack

Highlights from Saifedean Ammous' book "The Fiat Standard", discussing more in depth the economic system we have now, its problems, and how we can evolve past it Saifedean on Lex: https://www.youtube.com/watch?v=gp4U5aH_T6A

Live from Bitcoin Beach in El Zonte, El Salvador, in this episode, we dive deep into the transformative potential of Bitcoin as a superior form of money, perfectly aligned with modern technological advancements. Join me as I sit down with renowned economist Saifedean Ammous, author of "The Bitcoin Standard," to explore how Bitcoin's hard money principles such as its capped supply and difficulty adjustment mechanism are pivotal for economic stability and future-oriented financial planning.Saifedean shares his expert insights on why Bitcoin, with its robust technological framework and predictable monetary policy, represents not just an evolution, but a necessary revolution in our financial systems. We'll discuss the societal impacts of Bitcoin adoption, its implications for global economies, and how countries like El Salvador are pioneering this journey towards a more stable and prosperous financial future. Learn why embracing Bitcoin could fundamentally change our approach to saving, spending, and investing, making it essential for aligning our economic practices with the technological landscape of the 21st century. Discover the economic implications of adopting Bitcoin and how its principles of scarcity and decentralization could serve as the cornerstone of a new financial paradigm.Tune in to understand how Bitcoin is setting the standard for what money should be in a digital age—durable, portable, divisible, and resistant to censorship. - MikeSupport and follow Bitcoin Beach:https://twitter.com/Bitcoinbeachhttps://www.instagram.com/bitcoinbeach_sv/https://www.tiktok.com/@livefrombitcoinbeachWeb: https://www.bitcoinbeach.com/Connect with Saifedean:Website: https://saifedean.com/X: https://twitter.com/saifedeanIG: https://www.instagram.com/saifedeanYT: https://www.youtube.com/@saifedeanPodcast: https://podcasts.apple.com/us/podcast/the-bitcoin-standard-podcast/id1403202032?uo=4Browse through this quick guide to learn more about the episode:00:00:00 - What Is the Impact of Fiat Money on the Economy?00:01:08 - Why Is "The Bitcoin Standard" a Must-Read for Bitcoin Enthusiasts?00:04:29 - What Was the Writing Process Behind "The Bitcoin Standard"?00:10:26 - How Does Understanding Fiat Money Through Bitcoin Change Our Perspective?00:17:03 - Why Does the Fiat System Force Individuals to Take More Risks?00:19:26 - Why Have Interest Rates Been on a Downward Trend Historically?00:22:51 - What Surprising Insights Emerged While Writing "The Bitcoin Standard"?00:28:47 - What Are the Key Differences Between "The Bitcoin Standard" and "The Fiat Standard"?00:32:10 - Can Bitcoin Eventually Replace Fiat Currencies?00:36:55 - Why Is It Important to Balance Cash Balances Between Bitcoin and Fiat?00:40:53 - What Role Does Bitcoin Play in Global Cash Balances?00:41:29 - Can Bitcoin Lead to Wiser Consumer Behavior?00:42:18 - What Are the Potential Paths for Countries to Adopt Bitcoin as Legal Tender?00:47:01 - What Are the Economic Impacts of Bitcoin Adoption in El Salvador?00:52:20 - Why Is the Practical Use of Bitcoin Important for Its Adoption as Better Money?Live From Bitcoin Beach

…โลกนี้จะเป็นอย่างไร? ถ้าไม่มี Bitcoin …เมื่อผู้คนยังไม่พร้อม Decentralized Finance …รีวิวหนังสือ THE FIAT STANDARD พูดคุยกับ อ.ตั๊ม พิริยะ สัมพันธารักษ์ MD Chaloke.com และร่วมสนุกตอบคำถามเพื่อลุ้นรับหนังสือ THE FIAT STANDARD พร้อมลายเซ็น อ.ตั๊ม 10 รางวัล 0:00 เปิดรายการ 1:10 รีวิวหนังสือ THE FIAT STANDARD 12:12 เรามองโลกร้ายเกินไปหรือไม่? 15:54 เมื่อผู้คนยังไม่พร้อม Decentralized Finance 25:44 คนที่มี Bitcoin มากที่สุด...จะเป็นผู้คุมอำนาจหรือไม่? 36:35 Bitcoiner กลุ่มคนที่อยากให้โลกดีขึ้น?  40:53 ในอนาคตคนที่ไม่มี Bitcoin จะเป็นอย่างไร? 56:33 ถ้าโลกนี้ไม่มี Bitcoin 1:04:56 สรุปบทสัมภาษณ์ 1:06:51 แจกหนังสือ! THE FIAT STANDARD ติดตามรายการ ‘ลงทุนนิยม' กับ ผู้ริเริ่มแนวคิด ‘ใช้แรงทำเงิน ให้เงินทำงาน' เฟิร์น ศิรัถยา อิศรภักดี

Saifedean Ammous joins me to discuss the history of conflict in Palestine, the violation of private property, the propaganda of mainstream media, and the ability of Bitcoin to mitigate future conflicts. Saifedean Ammous is the author of The Bitcoin Standard, The Fiat Standard, and Principles of Economics. // HOST // Twitter: https://twitter.com/saifedean Website: https://saifedean.com/// SPONSORS // In Wolf's Clothing: https://wolfnyc.com/NetSuite: https://netsuite.com/whatismoneyiCoin Hardware Wallet (use discount code BITCOIN23): https://www.icointechnology.com/Mind Lab Pro: https://mindlabpro.com/breedloveCrowdHealth: https://www.joincrowdhealth.com/breedloveBitcoin Apparel (use discount code BREEDLOVE): https://thebitcoinclothingcompany.com/Feel Free Tonics (use discount code BREEDLOVE): https://botanictonics.comCarnivore Bar (use discount code BREEDLOVE): https://carnivorebar.com/// OUTLINE // 00:00:00 - Coming up 00:00:44 - Intro 00:02:17 - Helping Lightning Startups with In Wolf's Clothing 00:03:03 - Introducing Saifedean Ammous 00:03:50 - Victim of Western Propaganda 00:06:15 - 2000 Year History of Israel 00:13:15 - A Time of Peace 00:16:40 - Century of the Fiat Standard 00:27:40 - Jewish Establishment in Palestine 00:34:13 - Violation of Private Property 00:35:42 - The Jewish Movement in Palestine 00:45:38 - Run Your Business from Anywhere with NetSuite 00:46:43 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet 00:47:53 - The Roots of Anti-Semitism 00:56:44 - Private Property Rights 01:01:15 - Property Rights Violations In Palestine After 1948 01:18:44 - House Demolitions by Israel 01:21:48 - What Makes Israel-Palestine Conflict Different 01:28:50 - Dark Side of Technological Advancement 01:31:52 - Israeli Regime After 1948 01:40:37 - The World's Largest Open-Air Prison 01:47:19 - A Pointless Confrontation 01:50:12 - Impact of Mainstream Media 02:02:08 - Enhance Your Brain Power with Mind Lab Pro 02:03:15 - Take Control of Your Healthcare with CrowdHealth 02:04:21 - Dynamics of Brainwashing and The Role of Money Printing 02:15:48 - Can Bitcoin Mitigate Current or Future Conflicts? 02:26:42 - A Hopeful Future with Bitcoin 02:29:39 - Saifedean's Advice for People// PODCAST // Podcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?RSS Feed: https://feeds.simplecast.com/MLdpYXYI// SUPPORT THIS CHANNEL // Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7 Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedlove// WRITTEN WORK // Medium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/// SOCIAL // Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowRumble: https://rumble.com/c/BreedloveInstagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22LinkedIn: https://www.linkedin.com/in/breedlove22/All My Current Work: https://vida.page/breedlove22

Join Car and Keyan to discuss Stacker News' top posts of the week, Car & Keyan's favorite posts of the week, and top stackers for the week of January 12th, 2024.Time Stamps:02:42 - Rethinking Lightning11:18 - Introducing FiatLink: A Lightning ↔ Fiat Standard15:37 - Mercury Layer went live today, checkout the deets on their webpage19:20 - ETFs are just a custodial layer 220:30 - What is fedimint to you?29:12 - Are we in the "Era of Ferment" with Bitcoin hardware?35:04 - The Bitcoin ETF is the spiritual reversal of Executive Order 610239:29 - SN release: autowithdraw, territory post notifications, rename territories, moreShoutout @Wumbo for time stamps. Zap em!We love the Fountain app for Lightning 2.0 podcastingSend us a Boost, and we will read it on the next SNLFind Car on NostrFollow Car on SNFollow Thriller on NostrFollow Thriller on TwitterFollow Thriller on YouTubeContribute to ~buildersLearn more about PlebLabFollow Keyan on TwitterFollow Keyan on NostrFollow Keyan on SNFollow Stacker News on NostrLearn more about Stacker News

Alex McShane is a writer, speaker, and talented operator in the Bitcoin industry.His range of experiences includes serving as the Director of Programming at the Bitcoin Conference, Unconference Director for Nostr, General Partner at Lightning Ventures, editor of The Bitcoin Standard, The Fiat Standard, and Principles of Economics by Saifedean Ammous. He's also a talented martial artist with a specialty in Brazilian Jiu-Jitsu (BJJ).In this episode we cover…

In this episode with Robert Breedlove and Shawn Baker, we discuss the relationship between beef and Bitcoin, why inflation is theft, the radical change in a technological paradigm, and the global adoption of Bitcoin. // HOST // Youtube: https://www.youtube.com/@DrShawnBakerPodcastWebsite: https://www.carnivore.diet/// SPONSORS // In Wolf's Clothing: https://wolfnyc.com/NetSuite: https://netsuite.com/whatismoneyiCoin Hardware Wallet (use discount code BITCOIN23): https://www.icointechnology.com/Mind Lab Pro: https://mindlabpro.com/breedloveCrowdHealth: https://www.joincrowdhealth.com/breedloveWasabi Wallet: https://wasabiwallet.io/Bitcoin Apparel (use discount code BREEDLOVE): https://thebitcoinclothingcompany.com/Feel Free Tonics (use discount code BREEDLOVE): https://botanictonics.comCarnivore Bar (use discount code BREEDLOVE): https://carnivorebar.com/// OUTLINE // 00:00:00 - Coming up 00:00:28 - Intro 00:02:01 - Helping Lightning Startups with In Wolf's Clothing 00:02:48 - Introduction and Robert's Background 00:04:40 - Bitcoin Enlightenment, Central Banking Monopoly, and Historical Currency Manipulation 00:11:49 - Absolute Power Corrupts Absolutely 00:15:20 - The Problem with Gold, The Nixon Shock 00:19:25 - How the US Went from Gold to Fiat Standard 00:22:55 - Why Inflation is Theft and What's Backing the Dollar Today 00:29:40 - The Importance of Studying Money 00:31:20 - Run Your Business from Anywhere with NetSuite 00:32:25 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet 00:33:22 - How Many People Are Into Bitcoin 00:36:46 - Bitcoin and the Cantillon Effect 00:40:55 - Global Adoption of Bitcoin 00:45:32 - How Bitcoin Price is Going to Accelerate 00:50:30 - Bitcoin vs. Crypto Currencies 00:53:32 - Can Black Rock and Central Banks Corrupt Bitcoin? 00:56:55 - Enhance Your Brain Power with Mind Lab Pro 00:58:02 - Take Control of Your Healthcare with CrowdHealth 00:59:03 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet 00:59:55 - Radical Change in a Technological Paradigm 01:03:20 - Smooth Transition vs. Chaotic Transition 01:06:00 - How Bitcoin Disincentives Warfare 01:08:33 - Bitcoin Banking System 01:11:10 - The Relationship Between Beef and Bitcoin 01:15:05 - When Should You Spent Your Bitcoin 01:17:50 - Where to Find Robert on the Internet// PODCAST // Podcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?RSS Feed: https://feeds.simplecast.com/MLdpYXYI// SUPPORT THIS CHANNEL // Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7 Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedlove// WRITTEN WORK // Medium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/// SOCIAL // Breedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22Instagram: https://www.instagram.com/breedlove_22TikTok: https://www.tiktok.com/@breedlove22All My Current Work: https://vida.page/breedlove22

Intervistato per il Libertucce show su Radio Liberland, parliamo con Manuel Gatti del libro il Fiat Standard di Saifedean Ammous e quindi dell'importanza di capire il mondo fiat, anche con riguardo ad argomenti come la famiglia, il cibo, l'arte, la scienza, etc.., che sono stati influenzati e corrotti dal denaro di Stato. Una conversazione libera...

In this episode with Tim Braheem, we discuss the properties of sound money, central banking, the incentives for armed conflict, and why Bitcoin is the best peace-making technology. Tim Braheem is the Founder and CEO of Performance Experts and the host of The 360 Experience podcast.Website: https://www.performance-experts.com/Podcast: https://www.youtube.com/@The360ExperiencePodcast// SPONSORS // In Wolf's Clothing: https://wolfnyc.com/iCoin Hardware Wallet (use discount code BITCOIN23): https://www.icointechnology.com/ Wasabi Wallet: https://wasabiwallet.io/ Bitcoin Apparel (use discount code BREEDLOVE): https://thebitcoinclothingcompany.com/ Feel Free Tonics (use discount code BREEDLOVE): https://botanictonics.com Carnivore Bar (use discount code BREEDLOVE): https://carnivorebar.com/ // OUTLINE // 00:00:00 - Coming up 00:00:38 - Intro 00:02:11 - Helping Lightning Startups with In Wolf's Clothing 00:02:57 - Introducing Robert Breedlove 00:03:22 - Robert's Europe Tour 00:04:36 - The Questions of Significance 00:06:03 - Insufficiency and Indispensability of Language 00:08:47 - Understanding the Nature of Money 00:10:39 - Money: A Universal Medium of Exchange 00:12:57 - Money: The Most Marketable Commodity 00:17:25 - Money Emerges from Trading 00:19:12 - Properties of Good Money 00:22:11 - Money Needs to Be Expensive to Produce 00:25:53 - Counterfeiting of Money 00:27:57 - Retaining Purchasing Power 00:32:37 - Counterfeiting Monopoly of the US Dollar 00:36:27 - Winners & Losers in Central Banking Paradigm 00:41:04 - Simplifying Currency Inflation 00:43:29 - Advantage of Investing in Real-Estate 00:47:40 - Why Gold Became Money 00:54:16 - Warehousing of Gold 00:57:23 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet 00:58:20 - Introduction of Gold-Backed Currency Standard 01:01:12 - Problems with a Fractional Reserve Banking 01:05:57 - Central Banks and War Incentives 01:11:36 - A Centrally Controlled Gold Standard 01:13:53 - Introduction of the Fiat Standard in 1971 01:19:25 - Intital Stage of the Bitcoin Rabbithole 01:23:43 - The $100 Trillion Question 01:26:14 - What is Bitcoin 01:28:56 - The Intangibility of Bitcoin 01:34:40 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet 01:35:31 - Comprehending the Non-Physical Nature of Bitcoin 01:37:22 - Bitcoin Resembles the Properties of Good Money 01:41:34 - Bitcoin: An Asset with Absolute Scarcity 01:44:01 - The Emerging Consensus of Bitcoin 01:47:32 - Bitcoin: A Money with Zero Percent Inflation 01:49:49 - Bitcoin is More Than an Invention 01:50:45 - Production Cost of Money 01:52:35 - The Supply and Demand Ratio 01:54:14 - Perfect Information in a Financial System 01:58:07 - The Biggest Fear About Bitcoin 01:59:14 - Bitcoin's Price Prediction 02:07:20 - Why Bitcoin// PODCAST // Podcast Website: https://whatismoneypodcast.com/ Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE? RSS Feed: https://feeds.simplecast.com/MLdpYXYI// SUPPORT THIS CHANNEL // Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7 Sats via Strike: https://strike.me/breedlove22 Sats via Tippin.me: https://tippin.me/@Breedlove22 Dollars via Paypal: https://www.paypal.com/paypalme/RBreedlove// WRITTEN WORK // Medium: https://breedlove22.medium.com/ Substack: https://breedlove22.substack.com/// SOCIAL // Breedlove Twitter: https://twitter.com/Breedlove22 WiM? Twitter: https://twitter.com/WhatisMoneyShow LinkedIn: https://www.linkedin.com/in/breedlove22Instagram: https://www.instagram.com/breedlove_22 TikTok: https://www.tiktok.com/@breedlove22 All My Current Work: https://vida.page/breedlove22

On this episode of The Your Life! Your Terms! Show we catch up with Saifedean Ammous the author of one of our favourite books, The Bitcoin Standard. He has recently published his third book, The Principles of Economics. Saifedean has helped us understand money and the economy in a way that has forever altered our lives. Once you peek behind the curtain of the fiat system and understand how the economy works on a fiat standard you're left with a life-changing "ah ha". You can find Saifedean on Twitter @Saifedean and all his books on Amazon. We highly recommend the first 72 pages of The Bitcoin Standard as the best summary of the history of money that we've ever read.

Episode 85: On today's show I speak with Dr. Saifedean Ammous, world renowned economist, author of 3 amazing books - Bitcoin Standard, Fiat Standard, Principles of Economics and CEO and Founder of Saifedean.com where Dr Ammous has online economic courses and a podcast. We speak about Austrian Economics vs Keynesian, time preference, money, Fiat vs Bitcoin, debt & economic slavery to financial freedom, fiat food, and more. Our current course is unsustainable so let's find solutions! ➡️Visit Saifedean's Website: https://saifedean.com/ ➡️Contact Saifedean on Twitter: https://twitter.com/saifedean ➡️Contact Saifedean on LinkedIn: https://www.linkedin.com/in/saifedean/   ✨SUBSCRIBE to The RO Show Podcast!✨ https://youtube.com/@theroshowpodcast   ➡️CONNECT with ROSANNA PRESTIA & The RO Show⬅️ ✨ONE SITE FOR ALL: https://sociatap.com/RosannaPrestia ✨YOUTUBE: https://youtube.com/@TheROShowPodcast ✨TWITTER: https://www.twitter.com/@rosannainvests ✨TWITTER: https://www.twitter.com/@theroshowpod ✨WEBSITE: https://www.rosannaprestia.com   THINK Different with Rosanna ©️ 2022-2023

Sugestões de leitura: The Bitcoin Standard e The Fiat Standard, do Saifedean Ammous Quer o cartão de Bitcoin da Bity? http://lista.bity.com.br/cartao Quer fugir do Brasil? Nos contate: https://www.settee.io/ https://youtube.com/c/Setteeio Quer comprar Bitcoin no melhor preço do mercado? Bitpreço! https://bit.ly/BityRadical Apoie o Ideias Radicais: https://www.catarse.me/projects/152640/

Alex Gladstein joins us to discuss the destructive influence of the World Bank and IMF on the development of poor countries, and how fiat facilitates their operation, a topic discussed extensively in Saifedean's book, The Fiat Standard. With an infinite fiat credit line from the Federal Reserve, the "misery industry" is always looking for an excuse to get countries indebted, and the results have been catastrophic for the world's poor, but highly lucrative for fiat banking cartels.Resources (All links available on saifedean.com/podcast/155-imf-world-bank-misery-industry-with-alex-gladstein)Alex Gladstein's article: Structural Adjustment: How the IMF & World Bank repress poor countries and funnel their resources to rich onesAlex Gladstein's book: Check Your Financial PrivilegeFull text of Fiat States, Chapter 11 of The Fiat StandardEnjoyed this episode? You can take part in podcast seminars, access Saifedean's courses – including his ongoing course ECO22: The Fiat Standard – and read chapters of his forthcoming book, Principles of Economics, by becoming a Saifedean.com member. Find out more here. 

If you want to smash your goals this year, it likely starts with getting the correct knowledge. Results come from correct actions, but correct actions come from knowledge. So in this episode we detail how anyone can read 100 books this year, and look at a reading list to get you started.  Book List: 1. Atomic Habits https://amzn.to/3IkQ7cT2. Fossil Future https://amzn.to/3az10cU3. The Fiat Standard https://amzn.to/3uE6k5t 4. The Law https://amzn.to/3cvsL6S 5. The Almanack of Naval Ravikant https://amzn.to/3ACtOM9 6. Principles for Dealing with the Changing World Order https://amzn.to/3Rs4M8k 7. Enough Already https://amzn.to/3ytV9gR 8. What I learned Losing a Million Dollars https://amzn.to/3O30MIy9. The Price of Tomorrow https://amzn.to/3sLijKW 10. How Innovation Works https://amzn.to/2UtsKnN 11. When Money Dies https://amzn.to/392dnuq 12. Market Wizards https://amzn.to/39drCwUSee omnystudio.com/listener for privacy information.

This episode contains most of the final lecture of The Fiat Standard online course, which just concluded, based on the last chapter of The Fiat Standard. After having studied the bitcoin and fiat monetary systems extensively in The Bitcoin Standard and The Fiat Standard, Saifedean analyzes how bitcoin can continue to rise in a fiat world. Can central banks adopt bitcoin? Will bitcoin lead to hyperinflation? Or will bitcoin be an orderly upgrade and debt jubilee, allowing us to unwind fiat painlessly as it devalues everyone's debts? Will bitcoin speculative attacks carry the day? And how do central bank digital currencies affect bitcoin's rise? Enjoyed this episode? You can take part in podcast seminars, access Saifedean's courses – including his ongoing course ECO22: The Fiat Standard – and read chapters of his forthcoming book, Principles of Economics, by becoming a Saifedean.com member. Find out more here. 

James Lavish CFA has decades of experience in institutional investing and risk management, and he joins us to give us his perspective on global bond markets, their recent developments and where he sees them going forward. He explains his bleak outlook for government bonds in the long run, and why continues inflation is a very likely outcome. He explains his view on why a debt spiral is likely and what it means for bond-holders and governments. James also gives us his perspective on the global foreign exchange market and where national currencies are headed. References (all links available on saifedean.com/146-bonds-with-james-bond-lavish)Saifedean's thread on housing inflation, numbers from Zillow.com - https://twitter.com/saifedean/status/1571648029639294976?t=BppvcNeX7Ti60--zC849cQ&s=19 US national debt clock - https://www.usdebtclock.org/ Economist Hyman Minsk - https://en.wikipedia.org/wiki/Hyman_Minsky James's debt spiral thread - https://twitter.com/jameslavish/status/1562078782453792768  James's FX thread - https://twitter.com/jameslavish/status/1580989721202683905?t=yGuWtdAXQs6ufqV0ZDRhfg&s=19 The Informationist Newsletter - http://jameslavish.substack.comLooking Glass Education Platform - lookingglasseducation.comJames Lavish Twitter profile - https://twitter.com/jameslavish Saifedean's first book, The Bitcoin Standard.Saifedean's second book, The Fiat Standard.Enjoyed this episode? You can take part in podcast seminars, access Saifedean's courses – including his ongoing course ECO22: The Fiat Standard – and read chapters of his forthcoming book, Principles of Economics, by becoming a Saifedean.com member. Find out more here.

Bitcoin Magazine market analyst Dylan Leclair joins us for an in-depth discussion of the many ponzi schemes and failed financial institutions of our times, and how he identified the problems with them in his prescient writings. Dylan discusses the many red flags and structural problems with Luna/UST, Three Arrows Capital, Celsius, Blockfi, FTX, and Genesis, and why so many people refuse to see the warning signs and seem to want to fall victim for anything that offers them the holy grail of “yield.” We conclude with Dylan's view on the bond market, why he successfully predicted the recent crash in bonds, what his expectations are for the fiat market moving forward, and what the lessons of crypto ponzis have to teach us about fiat and its ponzis.References (All links available on saifedean.com/podcast/145-ponzi-hunting-with-dylan-leclair)Speculative Attack – Pierre RochardThe Myth of National Defense – Hans Herman HoppeDebate with MashinskySaifedean's thread on why withdraw bitcoin from exchanges Only the stronger survive – Allen Farrington Dylan's Thread on GBTC and GrayscaleDylan's Thread on Genesis Dylan's thread on Alameda Pitch Deck Luke Gromen Twitter accountSaifedean's first book, The Bitcoin Standard.Saifedean's second book, The Fiat Standard.Enjoyed this episode? You can take part in podcast seminars, access Saifedean's courses – including his ongoing course ECO22: The Fiat Standard – and read chapters of his forthcoming book, Principles of Economics, by becoming a Saifedean.com member. Find out more here.

Crowdhealth CEO Andy Schoonover joins us for a wide-ranging discussion of the failures of fiat healthcare and health insurance, and how his new startup Crowdhealth, works to solve them. Andy explains the institutional and regulatory reasons that make healthcare costs continue to rise, and why insurance companies have the perverse incentive to let costs rise. He also explains how Crowdhealth uses bitcoin to make healthcare affordable for patients and better rewarding for doctors by taking the insurance companies out of the equation.References (All links available on saifedean.com/podcast/144-fiat-healthcare-crowdhealth-with-andy-schoonover)Saifedean's first book, The Bitcoin Standard.Saifedean's second book, The Fiat Standard.Enjoyed this episode? You can take part in podcast seminars, access Saifedean's courses – including his ongoing course ECO22: The Fiat Standard – and read chapters of his forthcoming book, Principles of Economics, by becoming a Saifedean.com member. Find out more here.

Rowais Hanna operates Coinbits' Twitter account, and has used it to publish fascinating in-depth investigations into the common myths of modern macroeconomics. He joins us to discuss the Consumer Price Index, how it is calculated, and the endless justifications used to adjust it. We also discuss the mythical origins of the 2% inflation target, and the trade-off between unemployment and inflation, and why supposedly empirical economists refuse to ever admit it is invalid. Rowais also discusses why he views bitcoin as the only way out of this mess, and how Coinbits helps onboard newcomers to bitcoin in a smooth and easy-to-understand way. We conclude with a discussion of Rowais' thoughts on bitcoin through a Biblical lens.References (All links available on saifedean.com/podcast/143-macro-myths-with-coinbits-rowais-hanna)Rent Equivalence Fiat-splanationCPI “misconception” response from BLSNY Fed Research connecting credit expansion and tuition risingRowais' essay on Bitcoin through a Biblical LensThe Origins of 2 Percent Inflation Target – Mises .org Rowais' tweet about being at the Egyptian Central Bank  Sheikh Imam, The Ballad of Beans and MeatCoinbits blog The philips curve is actually a blobCoinbits ultimate ThreadSaifedean's first book, The Bitcoin Standard.Saifedean's second book, The Fiat Standard.Enjoyed this episode? You can take part in podcast seminars, access Saifedean's courses – including his ongoing course ECO22: The Fiat Standard – and read chapters of his forthcoming book, Principles of Economics, by becoming a Saifedean.com member. Find out more here.

Princeton Professor Emeritus in Physics, William Happer, joins us to discuss the impact of CO2 on the Earth's climate and the state of modern science. What is the scientific evidence on the relationship between CO2 and Earth's climate? Does CO2 drive the Earth's temperature, or does temperature drive CO2? What does the fossil record tell us about the state of the world's climate in the past? Is current warming unprecedented? Why don't scientists study the evidence of prehistoric forests in the Arctic, and what it implies for historical temperatures? Why is there little focus on the enormous benefits of CO2? What is the evidence for CO2 driving ocean acidification? How much better are scientists today from the scientists involved in the Salem witch hunt? How does politicization affect science, and why does Professor Happer think that the more policy-driven a field is, the less trustworthy its conclusions are?References (All links available on saifedean.com/podcast/138-climate-physics-with-professor-william-happer)Professor Happer's 2014 paper Why has global warming paused?The CO2 Coalition website.Does ocean acidification alter fish behaviorElsmere Island Mummified ForestProfessor Happer's editorial with Harisson Schmitt: In defence of Carbon DioxideProfessors Lindzen and Happer's Comment on the SEC's Proposed Rule "The Enhancement and Standardization of Climate-Related Disclosures for Investors."https://co2coalition.org/wp-content/uploads/2022/06/Happer-Lindzen-SEC-6-17-22.pdfSaifedean's first book, The Bitcoin Standard.Saifedean's second book, The Fiat Standard.Enjoyed this episode? You can take part in podcast seminars, access Saifedean's courses – including his ongoing course ECO22: The Fiat Standard – and read chapters of his forthcoming book, Principles of Economics, by becoming a Saifedean.com member. Find out more here.

What on earth is going on in Europe and how did things get so bad? In this seminar, we discuss the double calamity of skyrocketing energy costs and plummeting pensions and currencies. While high time preference fiat media obsesses over the latest scapegoats, we look into the long-term drivers of these two problems: Decades of green hysteria leading to dismantling of reliable power sources & underinvestment in reliable power generation. And decades of Keynesian dogma convincing the people whose pensions are being destroyed their government can pay for everything at no cost. Does the UK really need to spend 10% of its GDP on public healthcare? What exactly is it about medical care that makes it have to be so expensive and always getting more expensive? Could it be the endless government financing?  How bad would truly private healthcare be really?ResourcesMichael Shellenberger on German Nuclear Power PlantsMichael Shellenberger on German gas productionAlex Epstein on Europe's Energy SuicideSurgery Center of OklahomaSurgery Center of Oklahoma's Keith Smith discusses his business model on EconTalkKeith Smith's blogSaifedean's first book, The Bitcoin Standard.Saifedean's second book, The Fiat Standard.Enjoyed this episode? You can take part in podcast seminars, access Saifedean's courses – including his ongoing course ECO22: The Fiat Standard – and read chapters of his forthcoming books by becoming a Saifedean.com member. Find out more here.

Niko Laamanen, founder of Konsensus Network, joins us to discuss bitcoin publishing and his company's decentralized “starfish” organizational model. He explains how reading The Bitcoin Standard led him to found the world's first bitcoin-only publishing house and how he harnessed an international network of volunteers to publish over 40 bitcoin titles in ten languages. He and Saifedean also discuss Niko's journey with Austrian Economics, the importance of hodling bitcoin and work being done to support bitcoin adoption in Madeira.ReferencesNiko on Twitter.Konsensus Network on Twitter.Konsensus Network blog.The Bitcoin Whitepaper.See Konsensus Network's website for titles referenced during the conversation including Layered Money, The Price of Tomorrow, Choose Life, Bitcoin: Everything divided by 21 million and The Starfish and The Spider.Saifedean's first book, The Bitcoin Standard.Saifedean's second book, The Fiat Standard.Enjoyed this episode? You can take part in podcast seminars, access Saifedean's courses – including his ongoing course ECO22: The Fiat Standard – and read chapters of his forthcoming books by becoming a Saifedean.com member. Find out more here.

"to survive and prosper in this world, man can either make the things he needs and wants, or he can take them. This was true thousands of years ago and it is true today. To use a modern linguistic framing of this notion; man can either perform work to satisfy his wants and needs, or perform theft to satisfy his wants and needs. There are no two ways about this. Either put in the work to build something, or figure out a way to steal someone's work." - Simply Bitcoin From the Simply Bitcoin substack we read the opening of the "Proclaim Your Bitcoin" Series. On the nature of man, our unalienable rights, how they have been violated through a corrupt monetary system, and why we proclaim our right to opt out. Check out the original article at: https://simplybitcoin.substack.com/p/proclaim-your-bitcoin-part-one?sd=pf Noted links from the read: The Price of Tomorrow: https://thepriceoftomorrow.com/ The Fiat Standard: https://saifedean.com/the-fiat-standard/ Check out our amazing sponsors and the products that Guy uses most in the space: • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 5,000 FREE SATS at (guyswann.com/fold) • Join us and the Swan Bitcoin team at the Pacific Bitcoin Conference in November! Get your tickets now, 20% off with code BITCOINAUDIBLE (https://www.pacificbitcoin.com/) • The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (swanbitcoin.com/guy) • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 5% off everything in the store! (guyswann.com/coldcard) Learn more about your ad choices. Visit megaphone.fm/adchoices

Does high cholesterol really cause heart disease? Is there such as thing as “good” and “bad” cholesterol? What impact do statins – the most profitable drug in the history of medicine – have on human health? In this episode, Dr Malcolm Kendrick, author of The Great Cholesterol Con and The Clot Thickens, joins us to challenge the conventional wisdom on cholesterol. He shares his view on the diet-heart hypothesis, his intriguing alternative explanation for heart disease, and what he recommends to maintain a healthy heart. We also discuss how and why fiat medicine and economics have many “endlessly adaptable hypotheses" that refuse to die no matter how much reality assaults them.ReferencesDr Kendrick on Twitter.Dr Kendrick's website.Dr Kendrick's books: The Great Cholesterol Con, Doctoring Data and The Clot ThickensEuropean cardiovascular disease statistics 2008 edition showing lower cardiovascular disease prevalence in countries with higher saturated fat in the diet. For more on this topic, see this blog post by Dr Kendrick.Website of the International Network of Cholesterol ScepticsDr Kendrick's blog post on Carl von Rokitansky and Rudolf Virchow and the 1852 explanation of heart disease. Saifedean's first book, The Bitcoin Standard.Saifedean's second book, The Fiat Standard.Enjoyed this episode? You can take part in podcast seminars, access Saifedean's courses – including his ongoing course ECO22: The Fiat Standard – and read chapters of his forthcoming books by becoming a Saifedean.com member. Find out more here.

What is praxeology and why does it matter? In this episode, Conza, chairman of the Libertarian Party of Australia, joins us to discuss the theoretical foundations of economics. He explains why praxeology – the science of human action – provides the value-free framework needed to reason about economic questions, and how its method differs from that of physical sciences such as biology. He and Saifedean discuss how praxeology can be used to analyse topics such as minimum wage, inflation and pandemics, and why the contrasting methods used by quantitative macroeconomists are flawed. They also defend Hoppe's argumentation ethics: a proof that arguing against the Non-Aggression Principle is logically incoherent.ReferencesConza on Twitter.Conza's blog (where all the best economics quotes live).Conza's YouTube channel.Website of the Austrian Mises Seminar.Mises Wiki article on Mises' Regression TheoremBBC video on minimum wage being ‘a hurdle' for disabled people.Theory and History by Ludwig von MisesKonrad Graf's paper on Action-based Jurisprudence (see page 29 for Graf's proposed model of praxeology).Konrad Graf's lectures on bitcoin.Economic Science and the Austrian Method by Hans-Hermann Hoppe.The Beef Initiative website.For a biography of the life of John Maynard Keynes see Keynes the Man by Murray Rothbard.Website of the Australian Mises Seminar.Website of the Libertarian Party of Australia.The Praxeological Science Group on Facebook.The Law by Frédéric BastiatFor a New Liberty by Murray RothbardThe Ethics of Liberty by Hans Hermann HoppeHans Herman Hoppe's Four-Step Healthcare Solution.Saifedean's first book, The Bitcoin Standard.Saifedean's second book, The Fiat Standard.Enjoyed this episode? You can take part in podcast seminars, access Saifedean's courses – including his ongoing course ECO22: The Fiat Standard – and read chapters of his forthcoming books by becoming a Saifedean.com member. Find out more here.

Wall Street veteran and founder of Custodia Bank Caitlin Long joins us to discuss bitcoin banks, leverage and the macroeconomy. She explains how new “dollar and digital asset banks” like Custodia Bank are helping to bridge the gap between bitcoin and the US dollar, and why she has chosen to seek regulation rather than bypass it. She and Saifedean discuss financial leverage, its impact on bitcoin's price and why people should be wary of companies promising risk-free yield on bitcoin. The conversation also covers recent developments in financial markets, including rising bond yields and the fall in the British pound. In the Q&A, Caitlin answers questions on Chinese inflation, stablecoin velocity and whether the path to hyperbitcoinization will be orderly.ReferencesCaitlin Forbes article introducing dollar and digital asset banks.The Institutional Risk Analyst article on The Narrow Bank case against the Federal Reserve.Explanation of Wyoming Special Purpose Depository Institutions by government of Wyoming.Jameson Lopp tweet about not helping people to buy bitcoin.Saifedean and Tone Vays debate Celsius' business model with Alex Mashinsky in 2019.Nik Bhatia article explaining the concept of the Lightning Network Reference Rate (risk-free rate).Mises Wiki article on the Plaza Accord and relationship to monetary expansion in Japan.When Money Dies by Adam FergussonSee Human Action Chapter XXXI, 2. The Interventionist Aspect of Legal Tender Legislation, for a discussion of deflationary policy in Great Britain following inflationary war spending.Saifedean's first book, The Bitcoin Standard.Saifedean's second book, The Fiat Standard. See chapter 5 Fiat Balances: Universal debt slavery for a discussion of The Narrow Bank.Enjoyed this episode? You can take part in podcast seminars, access Saifedean's courses – including his ongoing course ECO22: The Fiat Standard – and read chapters of his forthcoming books by becoming a Saifedean.com member. Find out more here.

Mikkel Thorup, founder and CEO of Expat Money, joins us to make the case for becoming an expat. He discusses why people should consider moving their life offshore, which jurisdictions are most appealing and strategies listeners can pursue to mitigate tax obligations. Mikkel shares practical tips on finding quality healthcare, educating children, travelling comfortably and managing international finances. He also outlines his views on flag theory, the importance of geographical diversity in investment and the libertarian values that motivate him.ResourcesSaifedean's viral tweet on "free" healthcare in Canada.Website of Mikkel's Expat International School of Freedom and Entrepreneurship.Ontario Premier Doug Ford teaches people how to make cheesecake during lockdown.The Habit of Thought: From Socratic Seminars to Socratic Practice by Michael StrongWebsite of Mikkel's Expat Money Summit taking place in November. Mikkel's recommended charter flight service Villiers Jets.Saifedean's first book, The Bitcoin Standard.Saifedean's second book, The Fiat Standard.Enjoyed this episode? You can take part in podcast seminars, access Saifedean's courses – including his ongoing course ECO22: The Fiat Standard – and read chapters of his forthcoming books by becoming a Saifedean.com member. Find out more here.

How have Russians dealt with being getting kicked off the fiat dollar network? We are joined by Russian economist and investment advisor Lana Nagornaia to discuss the monetary ramifications of US sanctions from a Russian perspective. Why has the rouble risen versus the dollar in spite of sanctions? Can this be expected to last, or will it reverse? What alternatives are Russians using for trading with the rest of the world? Will Russia switch to a gold standard? Can it trade gold internationally while sanctioned by the global gold market? Can a Chinese-Russian fiat alternative to the dollar succeed? Lana also explains how life in Russia has changed since the outbreak of war, how global energy markets have been affected and how bitcoin could play a role in bringing about a world of sanction-free trade. ReferencesLana Invest official website.Lana on Instagram.London Bullion Market Association suspends Russian gold and silver refiners.Moscow Times article on how Russian gold is being rerouted to China.Al Jazeera article on unofficial ban on Russian gold. Reuters article on Russians rushing to buy Chinese yuan.Saifedean's first book, The Bitcoin Standard.Saifedean's second book, The Fiat Standard.Enjoyed this episode? You can take part in podcast seminars, access Saifedean's courses – including his ongoing course ECO22: The Fiat Standard – and read chapters of his forthcoming books by becoming a Saifedean.com member. Find out more here.

In this seminar, Saifedean discusses ideas for potential chapters he considered for, but did not end up including in The Fiat Standard. The analytical framework of the book, examining the impact of fiat money through the destruction of savings, raising time preference, & allowing endless government finance, can be applied to many topics, and in this seminar Saifedean and the attendees explore some ideas. How does fiat affect medicine and the medical establishment and modern medicine? What is the impact on pharmaceutical drugs? What is the impact on law? How has it affected art?ReferencesJörg Guido Hülsmann's book The Ethics of Money Production.The Bitcoin Standard Podcast episode with James Todaro on Fiat Medicine.The Bitcoin Standard Podcast episode with Stephen Chow: Art on The Bitcoin Standard.Saifedean's first book, The Bitcoin Standard.Saifedean's second book, The Fiat Standard.Enjoyed this episode? You can take part in podcast seminars, access Saifedean's courses – including his ongoing course ECO22: The Fiat Standard – and read chapters of his forthcoming books by becoming a Saifedean.com member. Find out more here.

Managing Partner of Stillmark, Alyse Killeen, joins us to discuss investing in bitcoin companies. She explains why Stillmark invests in "bitcoin only" companies, what she looks for in bitcoin startups and how venture capital in the bitcoin industry differs from traditional markets. She and Saifedean also discuss how bitcoin investing is long-term focused whereas token VCs have a new short-term model taking advantage of clueless retail with false narratives. Alyse explains how this long-term focus protects bitcoin VCs from short-term volatility, such as the recent spate of high-profile failures in the altcoin space. In the Q&A, Alyse answers questions on industry trends, the mindset of bitcoin founders and bitcoin adoption in El Salvador.ReferencesAlyse on Twitter.Stillmark official website.Lightning Labs explainer on Taro.Article about the sanctioning of Tordano Cash by the US Treasury.Paolo Ardoino appearance on The Bitcoin Standard Podcast.Saifedean's first book, The Bitcoin Standard.Saifedean's second book, The Fiat Standard.Enjoyed this episode? You can take part in podcast seminars, access Saifedean's courses – including his ongoing course ECO22: The Fiat Standard – and read chapters of his forthcoming books by becoming a Saifedean.com member. Find out more here.

Former England international football player Kieran Gibbs joins us to discuss his bitcoin journey, football career, and thoughts on time preference. Find out how he was orange-pilled by team-mate Hal Robson Kanu, why he chose to receive 50% of his salary in bitcoin, how bitcoin has changed him and lowered his time preference, and how he introduces bitcoin to his athlete friends. Kieran also compares playing the low time preference football style of Arsenal's Arsène Wenger with the high time preference style of Sam Allardyce at West Brom, and how Keynesian central banking is analogous to 8 year old playing football. We also compare the economics of the open pyramid structure of the Premier League with the US MLS franchise system. Kieran also discusses how he could integrate bitcoin into his planned football academy, reveals the best players he has played with and against, and provides predictions for the upcoming World Cup.ResourcesKieran on Twitter.IMF chair Kristalina Georgieva likens central bankers to eight year olds playing football.Liverpool draw 4-4 with Arsenal at Anfield in 2008 highlights.Liverpool beat Arsenal 5-1 in 2018 highlights.Highlights of Kieran's time at ArsenalSaifedean's first book, The Bitcoin Standard.Saifedean's second book, The Fiat Standard.Enjoyed this episode? You can take part in podcast seminars, access Saifedean's courses – including his ongoing course ECO22: The Fiat Standard – and read chapters of his forthcoming books by becoming a Saifedean.com member. Find out more here.

Are the world's most common illnesses caused by insulin resistance? In this episode, Dr Benjamin Bikman joins us to discuss his best-selling book “Why We Get Sick”. He argues that insulin resistance is at the heart of the world's most prevalent diseases and that poor economic incentives have caused scientists to neglect this phenomenon to pursue unproductive avenues of research. Dr Bikman explains how insulin resistance impacts conditions ranging from diabetes to Alzheimer's and offers practical advice for listeners looking to improve their health. He also shares his views on broader issues such as the health impact of seed oils and sun exposure.ReferencesDr Bikman on Twitter.Why We Get Sick on Amazon.Alan D. Sokal's hoax submission to journal Social Text: "Transgressing the Boundaries: Towards a Transformative Hermeneutics of Quantum Gravity."Ontario Premier Doug Ford teaches people how to make cheesecake during Canada's lockdowns.Article showing that data supporting the most commonly held theory of Alzheimer's disease is fabricated.The Bitcoin Standard Podcast episode with Nina Teicholz.The Bitcoin Standard Podcast episode with P.D. Mangan.Bright Line Eating: The Science of Living Happy, Thin & Free by Susan Thompson.Saifedean's first book, The Bitcoin Standard.Saifedean's second book, The Fiat Standard.Enjoyed this episode? You can take part in podcast seminars, access Saifedean's courses – including his ongoing course ECO22: The Fiat Standard – and read chapters of his forthcoming books by becoming a Saifedean.com member. Find out more here.

BTC veteran Matt Odell joins us to share his thoughts on the best ways to use bitcoin. We discuss different bitcoin custody options such as trusting third parties, hardware wallets, multisig, and paper wallets, and the advantages and trade-offs involved. What is the case for staying private on bitcoin, and what are the best tools available? What are the most common risks facing bitcoin holders? Will yield products on bitcoin go away or are they coming back? How do you plan for bitcoin inheritance? And much more!ResourcesMatt Odell on TwitterMatt's official website with links to his social media and resources.Matt discusses Lightning and bitcoin privacy on Episode #21 of Citadel Dispatch.Samourai Wallet website. Information about the Whirlpool here.Wasabi Wallet website.The Bitcoin Standard Podcast episode on bitcoin as “dark money” with Giacomo Zucco.Saifedean and Tone Vays call out problems with Celsius' business model in 2019.Saifedean's first book, The Bitcoin Standard.Saifedean's second book, The Fiat Standard.Enjoyed this episode? You can take part in podcast seminars, access Saifedean's courses – including his ongoing course ECO22: The Fiat Standard – and read chapters of his forthcoming books by becoming a Saifedean.com member. Find out more here.

Should you learn to code? Is coding for everyone? Can learning to code make you more employable? Does the value of coding decline in a world of artificial intelligence? Do intellectual property laws help advance computer engineering or hold it back? In this episode, Saifedean talks to Amjad Masad: CEO of leading coding platform Replit. They discuss how Amjad's upbringing in Jordan led him into the world of programming, how he started Replit, how it grew from an open source project to a company valued over $1b, teaching millions to code and build powerful products, and why he turned down a $1b acquisition offer in 2019. Amjad also shares the story of how he discovered bitcoin, how he is integrating it into Replit, and why he thinks programmable money is so important.ReferencesAmjad on Twitter.Replit official website.Amjad tweet on turning down $1bn Replit acquisition offer. Lightning Developers Kit referenced by Amjad during conversation.Saifedean's first book, The Bitcoin Standard.Saifedean's second book, The Fiat Standard.Enjoyed this episode? You can take part in podcast seminars, access Saifedean's courses – including his ongoing course ECO22: The Fiat Standard – and read chapters of his forthcoming books by becoming a Saifedean.com member. Find out more here.

How did the CFA franc come to be the common currency of 14 West and Central African nations? Who controls it and why did it suddenly lose half of its value in 1994? In this episode, we are joined by software engineer and founder of Bitcoin Developers Academy, Fodé Diop, for a discussion on the fascinating monetary history of West Africa. Fodé explains how the CFA franc has allowed France to maintain economic dominance in West Africa, how the 1994 devaluation affected his family, and why he is supporting bitcoin adoption as means of empowering Africans and increasing financial inclusion. Fodé also explains the work his is doing to support the development of Lightning applications and his plans for the Africa Bitcoin Conference: the first ever bitcoin and Lightning conference in West Africa.ReferencesFodé on Twitter.Bitcoin Developers Academy website.The Fodé Diop Radio Show.Fighting Monetary Colonialism with Open-Source Code by Alex Gladstein.Data on broad money supply growth in Senegal.The Mobile Wave by Michael Saylor.Open-source Lightning Dev Kit and Bitcoin Dev Kit.Africa Bitcoin Conference website (Accra, Dec 7-9).Shortbits blogBen Arc Lightning point of sale page on Github.Saifedean's first book, The Bitcoin Standard.Saifedean's second book, The Fiat Standard.Enjoyed this episode? You can take part in podcast seminars, access Saifedean's courses – including his ongoing course ECO22: The Fiat Standard – and read chapters of his forthcoming books by becoming a Saifedean.com member. Find out more here.

In this episode, CEO of bitcoin mining company Iris Energy Dan Roberts joins us to discuss whether bitcoin can (and should) help fix renewable energy. Dan explains the problems that intermittent wind and solar energy create for power grids, and how his company works to solve them through bitcoin mining. He and Saifedean discuss whether grids would be better off only using reliable energy sources, how bitcoin's difficulty adjustment forces miners to become more efficient, and why Iris Energy has chosen to mine bitcoin only. Dan also shares his views on why bitcoin's game theoretic nature means it is set up to survive and why 51% attacks don't represent a credible threat to the network's security.ResourcesIris Energy website.Iris Energy on TwitterIris Energy on LinkedInArticle on recent blackouts with Texas and link to intermittent energy.Related episode on the future of bitcoin mining and hydropower with Ben Gagnon.Climate-related episodes with Tom Nelson, Alex Epstein and Patrick Moore.Article by Jimmy Song explaining why the threat of a 51% attack on bitcoin is overblown.Saifedean's first book, The Bitcoin Standard.Saifedean's second book, The Fiat Standard. Enjoyed this episode? You can take part in podcast seminars, access Saifedean's courses – including his ongoing course ECO22: The Fiat Standard – and read chapters of his forthcoming books by becoming a Saifedean.com member. Find out more here.

Bitcoin educator and investor Giacomo Zucco joins us to explain why he thinks bitcoin cannot be hard money unless it is dark money. We discuss: How dark is bitcoin given that its ledger of transactions is public, and given the recent identification of several hackers through chain analysis? Is bitcoin's privacy overestimated by bitcoiners? What chance does the average user have at remaining anonymous? Does bitcoin need to be anonymous to remain secure? Can bitcoin survive government attack if most coins' owners are known to governments?ResourcesGiacomo on TwitterGiacomo's article on the history of bitcoin as a privacy-focussed project.Giacomo's article on common misconceptions about bitcoin privacy, and why privacy matters.For further discussion of the relationship between hard and dark money, see Giacomo's conversation with Stephan Livera.Interview where Giacomo rates the top 20 cryptocurrencies and makes the case that every project that isn't bitcoin is a scam. Saifedean's first book, The Bitcoin Standard.Saifedean's second book, The Fiat Standard.

Has Saifedean changed his mind on stablecoins? After handling $7b of redemptions in 48 hours, has USDT proven its resilience? Could regulated fiat banks handle this level of redemption? What happens to stablecoins if their adoption continues to grow? Can they replace foreign central banks as dollar providers to the world? Will they become major holders of US Treasuries? How will central banks deal with stablecoins? Are stablecoins a gateway to bitcoin? Can USDT be built on top of bitcoin's lightning network? This seminar hosts one of the leaders in the industry: Paolo Ardoino, CTO of Bitfinex and Tether to discuss these questions and a lot more on why Bitfinex positions itself as a "bitcoin first" exchange, its goals in Latin America, their work shaping El Salvador's new securities law, and their bitcoin education efforts.ReferencesPaolo on Twitter.Bitfinex official website.Blog post announcing Bitfinex's role in designing a El Salvador securities law.Paolo discussion of Bitfinex hack on YouTube.Plan ₿ summer school in Lugano.Bitfinex PayArticle on launch of Tether Mexican Peso.Saifedean's first book, The Bitcoin Standard.Saifedean's second book, The Fiat Standard.Enjoyed this episode? You can take part in podcast seminars, access Saifedean's courses – including his new course ECO22: The Fiat Standard – and read chapters of his forthcoming books by becoming a Saifedean.com member. Find out more here.

In this episode Saifedean joins Isabel Oakeshott and James Melville for an interview at the Speakeasy Podcast. They discuss why Saifedean decided to write The Bitcoin Standard, his views on the recent bitcoin price dip and the impact of the fiat “magic money tree” on society.ResourcesThe Speakeasy podcast on Apple Podcasts.Saifedean's first book, The Bitcoin Standard available in 20 languages.Saifedean's second book, The Fiat Standard available in English, Turkish, Spanish and French.All of Saifedean's podcast episodes are available at saifedean.com/podcastSaifedean on Twitter.Enjoyed this episode? You can take part in podcast seminars, access Saifedean's courses – including his new course ECO22: The Fiat Standard – and read chapters of his forthcoming books by becoming a Saifedean.com member. Find out more here.

In this interview with the Practical Islamic Finance podcast, Saifedean discusses Bitcoin from an Islamic perspective, and makes the case for why it is more compatible with Islamic Sharia law than government money. Whereas the creation of government money happens through the creation of interest-bearing debt which is forbidden in Islam, the creation of bitcoin is no different than the creation of a market commodity, with a competitive market for its production. Bitcoin's decentralization makes it uniquely different from all other digital currencies because it makes it a free market commodity, and not a tool that allows its issuer control over its users. ResourcesVisit saifedean.com/arabic to download The Bitcoin Standard and Arabic language bitcoin materials for free.Podcast episode The Problem with Interest with Tarek El Diwany for discussion of riba and decentralization in publishing the Koran.Tarek El Diwany's book The Problem with Interest.Podcast episode Islamic Finance and Bitcoin with Safdar Alam for discussion of how modern Islamic Finance “mimics” the fiat system, and is in need for reform.Safdar Alam's Twitter thread on why Islamic banking needs to reform.Safdar Alam's textbook Islamic Banking in Practice.Podcast episode Bitcoin: The Most Islamic Form of Money? with Harris Irfan for discussion of why bitcoin could be the most sharia-compliant form of money.Harris Irfan's book Heaven's Bankers for an exportation of the hidden world of modern Islamic Finance, and blog drawing on its contents.Harris Irfan's article Cryptocurrency and the Future of the Islamic Economy.The Blocksize War by Jonathan Bier for discussion of failed attempts to change the consensus parameters of bitcoin.Keynes: The Man by Murray Rothbard for discussion of the lifestyle and motivations of John Maynard Keynes.See chapter “Bitcoin is Halal” of Bitcoin is Venice for discussion of how bitcoin dramatically reduces the need for debt and encourages a financial system strongly aligned to Islamic principles. Also available as standalone article.The Practical Islamic Finance Podcast.Saifedean's first book, The Bitcoin Standard available in 20 languages.Saifedean's second book, The Fiat Standard available in English, Turkish, Spanish and French.All of Saifedean's podcast episodes are available at saifedean.com/podcastSaifedean on Twitter.

In perhaps his most comprehensive interview to date, Saifedean talks to Lex Fridman about the history of money, the foundations of economics, and why bitcoin represents a pathway to a more peaceful and prosperous world. Starting from Lex's question “What is money?”, Saifedean draws on insights from his most recent book, The Fiat Standard, to take the listener on a four-hour historical journey. He explains how money emerged as a market good; why the gold standard developed in Britain and spread across the world; and the intriguing historical circumstances that led to government-controlled fiat money becoming the global medium of exchange. By asking fundamental questions about money, the purpose of economics, and the technical foundations of bitcoin, Lex prompts Saifedean to present a first-principles case for free exchange, non-aggression and bitcoin. Their conversation also includes Saifedean's reflections on his upbringing in Palestine, how to make the most of our short time on earth, and advice to younger generations. ResourcesLex Fridman on Twitter.Lex Fridman's podcast website.Carl Menger's Principles of Economics: the founding text of the Austrian School, published in 1871.Human Action by Ludwig von Mises, published in English in 1949.Critical overview of John Maynard Keynes' The General Theory of Employment, Interest, and Money in the Journal of Libertarian Studies.Saifedean Twitter thread on scientists who dismissed flight as impossible at the time the Wright brothers were inventing the airplane. Includes comments by Lord Kelvin and the New York Times.Graphic showing technological progress in Britain during the gold standard. For further discussion, see The Bitcoin Standard section: Innovations: “Zero to One” versus “One to Many”, and episode 74 of The Bitcoin Standard Podcast: The Real Drivers of Technological Progress.Saifedean paper on the decline of the aviation industry since the 1970s. For further discussion see chapter 10 of The Fiat Standard on Fiat Fuels.The Bitcoin Standard Podcast episode 108: A New World Monetary Order The ramifications of the Russian invasion of Ukraine.Bitcoin Net Zero paper by Nic Carter and Ross Stevens. See page 38 for comparison of bitcoin network energy consumption compared with tumble driers and other common household appliances.Saifedean's first book, The Bitcoin Standard.Saifedean's second book, The Fiat Standard.

Fiat money doesn't just affect economic exchange, its impact on society is much wider. In this episode, Marty Bent, host of the Tales from the Crypt Podcast, interviews Saifedean about the ways fiat money encourages negative societal impacts ranging from climate alarmism to soil degradation to poor diets. They focus on the widely accepted need to transition to from fossil fuels to “renewable” energy and how government funding of science encourages the publication of studies that predict catastrophes and propose state intervention to avoid them. They also discuss how government statistics are manipulated to underplay the negative impacts of fiat and how people can opt out by adopting a bitcoin standard.ResourcesMarty Bent's website.Marty Bent on Twitter.The Moral Case for Fossil Fuels by Alex Epstein.The Bitcoin Standard Podcast episodes with Alex Epstein here and here.The Bitcoin Standard Podcast episode Is CO2 the Climate Control Knob? with Tom Nelson.The St Louis Fed compares the cost and protein content of turkey and soy.Marty Bent podcast episode with Untapped Growth for discussion of regenerative farming. Link to Saifedean podcast with Nina Teicholz for discussion of fiat nutrition.Bitcoin mining council estimates of the bitcoin network's global energy usage.Saifedean's first book, The Bitcoin Standard.Saifedean's second book, The Fiat Standard. See chapter “The Cost of Fiat Fuels” for statistics on growth in per capita energy consumption falling from the 1970s.Enjoyed this episode? You can take part in podcast seminars, access Saifedean's courses and read chapters of his forthcoming books by becoming a Saifedean.com member. Find out more here.

Saifedean Ammous is an Austrian economist and author of The Bitcoin Standard and The Fiat Standard. Please support this podcast by checking out our sponsors: – GiveWell: https://www.givewell.org/ and use code LEX – Scale: https://scale.com/lex – Uncruise: https://uncruise.com/pages/lex – BiOptimizers: http://www.magbreakthrough.com/lex to get 10% off – Athletic Greens: https://athleticgreens.com/lex and use code LEX to get 1 month of fish oil EPISODE LINKS: Saifedean's Twitter: https://twitter.com/saifedean Saifedean's Website: https://saifedean.com The Bitcoin Standard podcast: https://saifedean.com/podcast Books & resources mentioned: The Fiat Standard (book): https://amzn.to/3FmNfsy The Bitcoin Standard (book): https://amzn.to/3LRrcwA The Blocksize War (book): https://amzn.to/3LORQ9o The Theory of Money and Credit (book): https://amzn.to/3ykreZT

Most people think of bitcoin primarily as a form of money or store of value, but in this episode Darrin Feinstein argues that it also represents history's most important accounting innovation. He explains why, as the world's first incorruptible ledger, bitcoin allows us to remove fraud from the realm of accounting, and bring about a shift from “double-entry” to “triple-entry” bookkeeping. Darin and Saifedean discuss how the global accounting industry might differ in a world where bitcoin is used as the primary from of money, and why the transparency of bitcoin's ledger makes it a poor tool for criminals. As Chairman of Core Scientific, one of the world's largest bitcoin mining companies, Darin also discusses some popular misconceptions regarding bitcoin's energy usage and environmental impact.ResourcesDarin on TwitterDarin thread on bitcoin as an accounting innovationCore Scientific official websiteWorld Economic Forum article “In 2020 Bitcoin will consume more power than the world does today” and Newsweek article “Bitcoin Mining on Track to Consume All of the World's Energy by 2020”, both published in 2017Bitcoin Net Zero paper by Nic Carter and Ross Stevens. See page 38 for comparison of bitcoin network versus tumble driersDarin recommended account Burn the Bridge on TwitterSaifedean's first book, The Bitcoin StandardSaifedean's second book, The Fiat Standard 

Join Marty as he sits down with Dr. Saifedean Ammous to discuss the pitfalls of the Fiat Standard. Follow Saif on Twitter Read more about The Fiat Standard Shoutout to our sponsors: Unchained Capital Braiins HodlHodl

Our friend Saif, known to the world as Dr. Saifedean Ammous, joins Jeff and Bob Murphy for a demolition of the pseudo-economics behind Green energy. Read Saif's The Fiat Standard: Mises.org/FiatStandard Saif's paper 'Energy Systems and the Knowledge Problem: The Case of Biofuels': Mises.org/SaifEnergy]]>

This episode was recorded on September 8th 2021.Saifedean Ammous is an expert on Bitcoin with a PhD from Columbia University. He joins Dr. Peterson to discuss decentralization, different schools of economics, the Fiat vs. Bitcoin standards, and much more.Dr. Ammous is the author of The Bitcoin Standard, widely considered the essential book on the economics of Bitcoin. He also hosts a podcast of the same name. His new book, The Fiat Standard, should be out in November._Find Saifedean here: https://twitter.com/saifedeanSaifedean's online learning platform: http://saifedean.com(20% off by using the code “Peterson”)The Bitcoin Standard: http://saifedean.com/thebitcoinstandardThe Fiat Standard: http://saifedean.com/thefiatstandard_________[00:18] Intro[02:34] What are hard monetary assets?[06:13] The argument for bitcoin being the best hard money ever created[09:11] "Bitcoin only has users... no admins. There is nobody with a master key" - Saifedean Ammous[10:36] How the Bitcoin network functions using "consensus parameters"[15:49] "The way that Bitcoin came about seems... virtually impossible to believe" - Jordan Peterson[18:27] Other schools of economics (Austrian) vs. the most common today (Keynesian)[20:46] "So the Austrian school of economics... tilts you more towards an appreciation of non-centrally controlled, distributed networks, and emphasis on the individual actor" - JP[23:25] Paul Samuelson and communist economic expectations of centralized planning post-WW2[25:27] Dr. Ammous' academic background[27:14] Climate change. The push towards central planning, implying certain people or groups know the exact consequences and solutions to future economic developments[29:41] "I've been struck by the problem of unintended consequences and the irreducible complexity of things. We can talk about the problem of climate change, but those words are incredibly deceiving" - JP[34:16] Highlighting the crucial role of the entrepreneur in Austrian economics[40:46] Saifedean reflects on the views held by the central bank, governments, and mainstream economists on money—as opposed to Bitcoin's structuring and the Austrian school of thought[41:43] "From the Austrian perspective, money is a product of the market and not the invention of the state. The state's meddling in money... is irrational and cannot succeed for the same reasons central planning does not succeed" - SA[45:50] Overview of Dr. Ammous' book The Fiat Standard[54:40] Current inflation in Western democracies. The devastating effect of hyperinflation on the average person[58:15] "Money is an incredible technology for lowering our time preference" - SA[58:59] "The 20th century was a global trainwreck of watching the money preference rise. Generation after generation... witnessed their money devalue" - SA[01:02:32] Why some efforts in energy production are misguided[01:06:39] The Fiat Standard[01:10:29] Why are we allowing people to mine bitcoin?[01:12:46] The genius that went into the production of the Bitcoin code[01:23:14] The crazy reality of decision-making at climate change panels[01:26:36] Fiat-based currency jobs and the Zoom warriors disconnected from the physical world[01:31:09] "A lot of the problems of the 20th century, in my opinion, have their roots in highly inflationary fiat currency" - SA[01:31:18] Covering some of the common objections against Bitcoin[01:39:45] "We are always going to find more reasons to print money" - SA[01:41:43] Ammous' online learning platform[01:48:29] The growth of Saifedeen.com and the parameters attributed to its success[01:50:05] The possibility of decentralizing societal accreditation[01:50:21] "I've talked to seriously wise academics who know that there is almost zero financial knowledge in universities [today]... There is tremendous residual value, however, in the accreditation" - JP[01:56:18] Wrapping up#Crypto #FiatStandard #Bitcoin #JordanPeterson #Decentralization Learn more about your ad choices. Visit podcastchoices.com/adchoices