This episode was recorded on September 8th 2021.
Saifedean Ammous is an expert on Bitcoin with a PhD from Columbia University. He joins Dr. Peterson to discuss decentralization, different schools of economics, the Fiat vs. Bitcoin standards, and much more.
Dr. Ammous is the author of The Bitcoin Standard, widely considered the essential book on the economics of Bitcoin. He also hosts a podcast of the same name. His new book, The Fiat Standard, should be out in November.
Find Saifedean here: https://twitter.com/saifedean
Saifedean’s online learning platform: http://saifedean.com (20% off by using the code “Peterson”)
The Bitcoin Standard: http://saifedean.com/thebitcoinstandard
The Fiat Standard: http://saifedean.com/thefiatstandard
[00:18] Intro [02:34] What are hard monetary assets? [06:13] The argument for bitcoin being the best hard money ever created [09:11] "Bitcoin only has users… no admins. There is nobody with a master key" - Saifedean Ammous [10:36] How the Bitcoin network functions using "consensus parameters" [15:49] "The way that Bitcoin came about seems… virtually impossible to believe" - Jordan Peterson [18:27] Other schools of economics (Austrian) vs. the most common today (Keynesian) [20:46] "So the Austrian school of economics… tilts you more towards an appr…