In this episode, Dr. Saifedean Ammous and Dr. Anthony Gustin discuss the history of money, using gold and other metals as currency, cryptocurrency, hyperinflation, dispelling a big criticism of Bitcoin, what the future holds, and more.

 

Dr. Ammous, a carnivore for several years, also ties the conversation back to health so it's not completely missing from this episode that's not as health-focused as the podcast usually is.

 

If you don't know Dr. Saifedean Ammous' work, he's authored two books, The Bitcoin Standard: The Decentralized Alternative to Central Banking and The Fiat Solution.

 

He also holds a PhD in Sustainable Development from Columbia University, an MSc in Development Management from the London School of Economics, and a Bachelor of Engineering degree from the American University of Beirut.

 

When you tune into this episode, you'll hear about these topics:

• How crypto currency gives people hope
• Principles from Saifedean's book, The Bitcoin Standard
• A brief history of money and how we got to this point
• What we've learned from using gold and other metals as currency
• Easy versus hard money examples
• What was the incentive to come up with separate currencies?
• What are the long-term implications of all this?
• What hyperinflation can lead to
• What makes Bitcoin different from gold or the US dollar?
• How is crypto currency possible now and why wasn't it around sooner?
• What about the biggest criticism of Bitcoin -- that it uses incredible amounts of energy?

 

Resources mentioned in this episode:

• Dr. Saifedean Ammous' website
• Dr. Ammous' Instagram, Twitter, Facebook, and YouTube channel
• Dr. Ammous' books, The Bitcoin Standard and The Fiat Standard
• Dr. Ammous' online courses