Svetski Wake Up Podcast

Ep 98: Free Will, Uncertainty & Risk with Pierre Rochard

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"A real comparison between gold & bitcoin is to compare their relative ability to alleviate uncertainty"


Pierre Rochard, VP of research at Riot Platforms Inc, and yes - THAT Pierre, joins me finally, on the Wake Up Podcast to discuss his new piece for The Bitcoin Times, entitled; Bitcoin VS Gold.

Now..this is not just another one of those articles.

This one is short, concise and you WILL take away with you a concept that you may not have thought about before. The difference between uncertainty and risk.

You can find the fill article here on The Bitcoin Times website:

https://bitcointimes.io/bitcoin-versus-gold/


We go on a few tangents in the episode also, but here are the core topics:

  • Free Will & Determinism / Austrian Econ & Keyenianism
  • Nature VS Nurture
  • The difference between uncertainty and risk.
  • Money (savings) is how we relieve uncertainty!!
  • Inflationism is a policy that dissuades people from holding cash, and there forces them to become short-termist & have high time preference.
  • Price is all about risk.
  • Savings is how we minimise and manage uncertainty - NOT Risk
  • Inflationism is a policy that dissuades people from holding cash, and therefore increases their uncertainty.



    • Book Recommendation:

    William Hut: The Utility of Money


    Follow Pierre @BitcoinPierre on Twitter.

    Follow Riot at @RiotBlockchain

    Pick up a copy of The Bitcoin Times at:

    BitcoinTimes.io/Shop



    ____________________________________



    Thanks again for listening.

    Reminder that you can pick up a copy of The UnCommunist Manifesto on Amazon:

    https://www.amazon.com/dp/B0B837FN63

    You can pick up a copy of The Bitcoin Times from:

    https://BitcoinTimes.io

    I want to thank Unchained.com for helping making this publication possible:


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    More coming soon!


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