#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