100 min listen
91. The Immaculate Conception: Bitcoin vs The Fiat Standard
91. The Immaculate Conception: Bitcoin vs The Fiat Standard
ratings:
Length:
122 minutes
Released:
Nov 17, 2021
Format:
Podcast episode
Description
In this episode, Saifedean talks to author and public intellectual Jordan Peterson about how bitcoin solves the problems of The Fiat Standard. Saifedean starts by introducing the Austrian School of Economics, its key concepts such as “opportunity cost”, and how it differs from alternative schools. Saifedean and Jordan then move on to a discussion of the civilizing impact of hard money, why bitcoin is different from other cryptocurrencies, and why bitcoin mining changes the dynamics of the global energy market. Finally, they discuss their experiences working in fiat academia and why online learning is making the traditional university obsolete. ResourcesPrinciples of Economics by Carl Menger, the foundational text of the Austrian School of EconomicsLudwig von Mises’ magnum opus Human ActionThe Use of Knowledge in Society by F.A. Hayek for a discussion of economic calculation within an Austrian frameworkBitcoin Does Not Waste Energy by Parker Lewis for a discussion of the energy used by bitcoin miningSaifedean’s first book, The Bitcoin StandardSaifedean’s second book, The Fiat StandardEnjoyed 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.THE BITCOIN STANDARD TOOLKIT/SPONSORSNYDIG - https://nydig.comCyphersafe - https://cyphersafe.io/ OKCoin - https://okcoin.com/Nodl - https://www.nodl.it/Coldcard - https://coldcardwallet.com/CoinBits App - https://coinbitsapp.com/
Released:
Nov 17, 2021
Format:
Podcast episode
Titles in the series (100)
The Bitcoin Standard Podcast Presents Saifedean Ammous Live in Vienna by The Bitcoin Standard Podcast