The Blockchain New Zealand Podcast

E06 - Stephen Macaskill on Economics, Money, and Bitcoin


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Stephen Macaskill is the CEO of Dasset, a trading platform for buying bitcoin and other digital assets. Before digital assets Stephen ran a precious metals company helping people maximize their savings and financial literacy.

In this conversation we talk about:

  • precious metals and gold's role in recent monetary history including Bitcoin;
  • the definition of money and Austrian and Keynesian methodologies within economics;
  • bitcoin and its intrinsic versus subjective value;
  • spontaneous orders, and
  • human cooperation through decentralized autonomous organizations.
  • Timestamps: 

    00:00 intro
    01:23 precious metals and gold's role in monetary history
    07:04 WTF happened in 1971
    13:27 what is money
    19:46 Austrian vs Keynesian
    27:35 social data vs natural science
    32:59 Bitcoin
    39:30 intrinsic vs subjective value of Bitcoin
    43:32 on enabling global collaboration
    45:52 scaling blockchains
    49:13 defining digital assets
    51:53 potential of DAOs
    59:07 insurance
    1:01:23 rapid fire
    1:04:02 fin

    Some notes from the show:

    • what happened in 1971? https://wtfhappenedin1971.com/
  • Turkish rare earths discovery https://www.wired.com/story/turkey-rare-earth-metals/
  • French try to redeem gold https://www.huffpost.com/entry/august-15-1971_b_4284327
  • Austrian methodology https://mises.org/library/methodology-austrian-school-economists-0
  • Keynes & rise of macroeconomics https://www.investopedia.com/terms/k/keynesianeconomics.asp
  • tomayo https://www.newworld.co.nz/shop/product/5267101_ea_000nw
  • Bitcoin whitepaper https://bitcoin.org/bitcoin.pdf
  • spontaneous order https://en.wikipedia.org/wiki/Spontaneous_order
  • coinmarketcap https://coinmarketcap.com/
  • Vitalik's essay on DAOs https://bitcoinmagazine.com/technical/bootstrapping-a-decentralized-autonomous-corporation-part-i-1379644274
  • Whitehouse redefines recession https://twitter.com/EpsilonTheory/status/1551349167674499073?s=20&t=i4KWmNn8oWiVhCt7MdvMVg
  • Contact Stephen:

    • Dasset https://dassetx.com/ 
  • LinkedIn https://www.linkedin.com/in/stephenm/  
  • Find Jeff:

    • Twitter
  • LinkedIn 
  • The BCNZ Pod:

    • Website https://podcast.blockchain.org.nz/
  • YouTube 
  • Apple Podcasts
  • Google Podcasts
  • Spotify 
  • iHeartRadio 
  • Media & Sponsorship Enquires:

    Recorded at blockheight 746718. The BCNZ podcast was founded in 2022 by Jeff Nijsse and Bryan Ventura.

     

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    The Blockchain New Zealand PodcastBy Jeff Nijsse