The Bitcoin Standard Podcast

Seminar 4 with Dr. Ammous for September 17, 2020

Enjoyed this episode? You can take part in podcast seminars, access Saifedean’s courses and read chapters of his forthcoming books by becoming a Saifedean.com member. Find out more here.

THE BITCOIN STANDARD TOOLKIT/SPONSORS

NYDIG - https://nydig.com

Cyphersafe - https://cyphersafe.io/ 

OKCoin - https://okcoin.com/

Nodl - https://www.nodl.it/

Coldcard - https://coldcardwallet.com/

CoinBits App - https://coinbitsapp.com/

In this episode of Power Hour by Alex Epstein, author of The Moral Case for Fossil Fuels, interviews Dr. Saifedean Ammous, economist and author of "The Bitcoin Standard."

Alex and Dr. Ammous discuss a wide range of topics, including:

How Ammous got interested in energy economics.
What Ammous learned studying the economics of biofuels.
Why it’s crucial to think of time as the most important resource.
How energy relates to time.
How economists tend to undervalue energy - and what Ammous is doing to address this.
Additionally, they discuss several foundational issues in economics, such as the nature of money, economic calculation, the nature of value, and opportunity cost.

THE BITCOIN STANDARD TOOLKIT/SPONSORS

NYDIG - https://nydig.com

Cyphersafe - https://cyphersafe.io/ 

OKCoin - https://okcoin.com/

Nodl - https://www.nodl.it/

Coldcard - https://coldcardwallet.com/

CoinBits App - https://coinbitsapp.com/

The Bitcoin Standard Podcast Seminar 3, September 10, 2020

In this seminar we discuss bitcoin's difficulty adjustment, what I view as the secret sauce that makes bitcoin work!

Enjoyed this episode? You can take part in podcast seminars, access Saifedean’s courses and read chapters of his forthcoming books by becoming a Saifedean.com member. Find out more here.

THE BITCOIN STANDARD TOOLKIT/SPONSORS

NYDIG - https://nydig.com

Cyphersafe - https://cyphersafe.io/ 

OKCoin - https://okcoin.com/

Nodl - https://www.nodl.it/

Coldcard - https://coldcardwallet.com/

CoinBits App - https://coinbitsapp.com/

This seminar focuses on the economics of energy. How does the economic way of thinking help us understand the energy market, and recent events like the California blackouts. I discuss the content of the economics of energy chapter in my forthcoming textbook, Principles of Economics, and how marginal analysis can help us understand the limitations of unreliable energy sources, as well as the world's continued reliance on hydrocarbons for energy.

Enjoyed this episode? You can take part in podcast seminars, access Saifedean’s courses and read chapters of his forthcoming books by becoming a Saifedean.com member. Find out more here.

THE BITCOIN STANDARD TOOLKIT/SPONSORS

NYDIG - https://nydig.com

Cyphersafe - https://cyphersafe.io/ 

OKCoin - https://okcoin.com/

Nodl - https://www.nodl.it/

Coldcard - https://coldcardwallet.com/

CoinBits App - https://coinbitsapp.com/

Saifedean Ammous is an economist and the author of The Bitcoin Standard: The Decentralized Alternative to Central Banking, which has been translated into 20 languages. In this episode, he discusses:

• the basic tenets of Austrian economics and why it is the only school where Bitcoin is possible
• historical examples of currencies and how they lost their monetary value
• the stock-to-flow model and how Bitcoin fits into that model
• the three functions, or descriptive properties, of money and why Bitcoin fulfills these functions
• the concept of sound money
• the idea of time preference in economics and why he believes it is so important
• the distinction between debt and money, and why they are not the same
• the significance of difficulty adjustment and why he believes it is the crowning achievement of Bitcoin
• why he views Bitcoin as the best store of value humanity has ever invented
  the metrics he watches when assessing Bitcoin
• what he thinks is in store for Bitcoin in the future, and whether he still thinks central banks will buy Bitcoin as a reserve currency
• his thoughts on Ethereum and other digital currencies
  and his predictions for Bitcoin in the next year

THE BITCOIN STANDARD TOOLKIT/SPONSORS

NYDIG - https://nydig.com

Cyphersafe - https://cyphersafe.io/ 

OKCoin - https://okcoin.com/

Nodl - https://www.nodl.it/

Coldcard - https://coldcardwallet.com/

CoinBits App - https://coinbitsapp.com/