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

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