#284 – Saifedean Ammous: Bitcoin, Anarchy, and Austrian Economics

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#284 – Saifedean Ammous: Bitcoin, Anarchy, and Austrian Economics

Lex Fridman Podcast

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