91. The Immaculate Conception: Bitcoin vs The Fiat Standard
The Bitcoin Standard Podcast
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Bitcoin and the Austrian School of Economics
Ilimi: The difference between the austrians and everybody else is in the free market conception of money versus the statest conception of money. I think bitquin is powerful in this regard because, a, you know, economically it's succeeding, and intellectually it's succeeding as well. Their complete inability to try and explain it, or present a coherent explanation for why it behaves the way it grows is absolutely astonishing. It's worth a trillion dollars right now; there's no doubt about that. In 12 years we've seen an enormous increase in Bitcoin value. We're still walking through the bitcoin standard, at least in some sense. Shall we talk more about the fiad standard, the book
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