#284 – Saifedean Ammous: Bitcoin, Anarchy, and Austrian Economics
Podcast:Lex Fridman Podcast Published On: Wed May 11 2022 Description: 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 Human Action (book): https://amzn.to/3w9LzP4 PODCAST INFO: Podcast website: https://lexfridman.com/podcast Apple Podcasts: https://apple.co/2lwqZIr Spotify: https://spoti.fi/2nEwCF8 RSS: https://lexfridman.com/feed/podcast/ YouTube Full Episodes: https://youtube.com/lexfridman YouTube Clips: https://youtube.com/lexclips SUPPORT & CONNECT: - Check out the sponsors above, it's the best way to support this podcast - Support on Patreon: https://www.patreon.com/lexfridman - Twitter: https://twitter.com/lexfridman - Instagram: https://www.instagram.com/lexfridman - LinkedIn: https://www.linkedin.com/in/lexfridman - Facebook: https://www.facebook.com/lexfridman - Medium: https://medium.com/@lexfridman OUTLINE: Here's the timestamps for the episode. On some podcast players you should be able to click the timestamp to jump to that time. (00:00) - Introduction (07:53) - Money (20:58) - Gold standard (34:09) - Collective hallucination (39:59) - Austrian vs Keynesian economics (1:12:20) - Free market (1:28:49) - Monarchy (1:34:23) - Fiat money (2:21:13) - SWIFT system (2:34:03) - Bitcoin (2:40:20) - Satoshi Nakamoto (2:48:04) - Criticisms of Bitcoin (3:03:16) - Football/soccer (3:06:58) - Criticisms of Bitcoin continued (3:17:17) - Bitcoin Maximalism (3:29:40) - Proof of stake (3:46:46) - Central bank digital currency (3:57:59) - Michael Malice (4:00:12) - Advice for young people (4:06:21) - Palestine (4:18:00) - Mortality