Saifdean Ammous is a leading researcher and educator in the field of Bitcoin. Dr. Ammous is also the author of the best-selling The Bitcoin Standard: The Decentralized Alternative to Central Banking.
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Stand-up comedians Konstantin Kisin (@konstantinkisin) and Francis Foster (@francisjfoster) make sense of politics, economics, free speech, AI, drug policy and WW3 with the help of presidential advisors, renowned economists, award-winning journalists, controversial writers, leading scientists and notorious comedians.
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Chapters:
00:00 Intro
02:06 What Is Money?
09:16 Why Silver and Gold Became Money?
12:00 The Gold Standard Explained
17:28 Why the Gold Standard Changed to Fiat Money
24:35 Why Current Inflation Is Happening
27:30 Is a Return to the Gold Standard Possible?
31:07 What Is Bitcoin?
33:45 Why Bitcoin Is Resilient to Government Interference
40:21 Bitcoin Volatility
45:19 How Does Bitcoin Value Compare to Property?
47:19 Bitcoin vs All Other Cryptocurrencies
51:48 Economic Future of the World – More Money Printing
57:51 Why People Should Eat More Meat
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12 Comments
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Bitcoin is a scam
Who made bitcoin
Bitcoin is a worthless digital token–nothing more than a pseudo-asset. It does nothing, it serves no purpose, and no one needs it for anything. It has a fundamental value of exactly $0. That's why it cannot be the future.
There is zero scarcity to gold. There are 3055000000000000000000000 atoms of gold in a 1kg of gold.
How will governments manage their spending budgets if everyone is using bitcoin rather than fiat?
I don't like this mindset of tunnel visioning towards digital currency. It has no physical value, if our technology fails us we're all fucked. Its also a matter of fact that any currency that can be coded which would be controlled by a national bank is an authoritarian nightmare where they only let you buy what they want you to buy. Hilariously the Chinese and the Russians realise this which is why they've been buying gold up like mad. They will force the people to use digital while they only use it on the side. Easiest way to control the people.
I was well informed an triggered by this !
Fascinating , great guest !
They want to move the world to digital currency and track & control everything
Genuinely the most absurd take I have ever heard on WW1.
Jesus H Christ! Seriously? Triggerting now shilling the crypo fanatsy?? Sad.