Why Austrian Economists Didn’t See Bitcoin Coming with Vijay Boyapati (WiM324)

Vijay Boyapati joins me to discuss the misunderstanding of Bitcoin by the Austrian economists, the hype cycles of Bitcoin, and the future of the U.S. economy. Vijay Boyapati is an Austrian economist and author.// GUEST // Twitter: https://twitter.com/real_vijayBook: https://www.amazon.com/Bullish-Case-Bitcoin-Vijay-Boyapati-ebook/dp/B09CT4SX2X/ Website: https://vijayboyapati.medium.com/// SPONSORS // In Wolf's Clothing: https://wolfnyc.com/iCoin Hardware Wallet (use discount code BITCOIN23): https://www.icointechnology.com/Gold Investment Letter: https://www.goldinvestmentletter.com/CrowdHealth: https://www.joincrowdhealth.com/breedloveWasabi Wallet: https://wasabiwallet.io/Casa (use discount code BREEDLOVE): https://keys.casa/Bitcoin Apparel (use discount code BREEDLOVE): https://thebitcoinclothingcompany.com/ Feel Free Tonics (use discount code BREEDLOVE): https://botanictonics.comCarnivore Bar (use discount code BREEDLOVE): https://carnivorebar.com/// OUTLINE // 00:00 - Coming up 00:55 - Intro 02:28 - Helping Lightning Startups with In Wolf's Clothing 03:14 - Introducing Vijay Boyapati 03:44 - Introduction to the Austrian Economics 05:30 - Vijay's Journey down the Bitcoin Rabbithole 06:31 - How the Austrians Misunderstood Bitcoin 07:52 - What is Money: A Question of Significance 09:53 - Interpreting the Mises’ Regression Theorem 12:14 - Misinterpretation of Bitcoin’s Value 13:44 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet 14:40 - Maximize Your Profits with Gold Investment Letter 15:36 - Take Control of Your Healthcare with CrowdHealth 16:38 - The Feedback Loop of Speculation 21:31 - Modifying Austrian Economics to Incorporate Bitcoin 23:13 - How Reservation Demand Influences Asset Value 25:25 - The Hype Cycles of Bitcoin 27:14 - Bitcoin Adoption Will Take Time 28:20 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet 29:11 - Hold Bitcoin in the Most Secure Custody Model with Casa 30:00 - How the U.S. Avoided Hyperinflation 32:47 - Understanding the Loan Policy of the Banks 35:12 - How the U.S. Caused an Inflation 36:29 - The Problem with the Federal Reserve 38:31 - Solving the Debt Crisis 39:36 - The Future of the U.S. Economy 42:02 - The Dilemma of Increased Productivity and Inflation 43:05 - Where to Find Vijay's Work // PODCAST //Podcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast...Spotify: https://open.spotify.com/show/25LPvm8...RSS Feed: https://feeds.simplecast.com/MLdpYXYI// SUPPORT THIS CHANNEL // Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7 Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://account.venmo.com/u/Robert-Breedlove-2The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101// WRITTEN WORK // Medium: https://breedlove22.medium.com/ Substack: https://breedlove22.substack.com/ // SOCIAL // Breedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22All My Current Work: https://vida.page/breedlove22