In this episode, Dr. Saifedean Ammous and Dr. Anthony Gustin discuss the history of money, using gold and other metals as currency, cryptocurrency, hyperinflation, dispelling a big criticism of Bitcoin, what the future holds, and more.
Dr. Ammous, a carnivore for several years, also ties the conversation back to health so it’s not completely missing from this episode that’s not as health-focused as the podcast usually is.
If you don’t know Dr. Saifedean Ammous’ work, he’s authored two books, The Bitcoin Standard: The Decentralized Alternative to Central Banking and The Fiat Solution.
He also holds a PhD in Sustainable Development from Columbia University, an MSc in Development Management from the London School of Economics, and a Bachelor of Engineering degree from the American University of Beirut.
When you tune into this episode, you’ll hear about these topics:
- How crypto currency gives people hope
- Principles from Saifedean’s book, The Bitcoin Standard
- A brief history of money and how we got to this point
- What we’ve learned from using gold and other metals as currency
- Easy versus hard money examples
- What was the incentive to come up with separate currencies?
- What are the long-term implications of all this?
- What hyperinflation can lead to
- What makes Bitcoin different from gold or the US dollar?
- How is crypto currency possible now and why wasn’t it around sooner?
- What about the biggest criticism of Bitcoin -- that it uses incredible amounts of energy?
Resources mentioned in this episode:
