5min chapter

Lex Fridman Podcast cover image

#284 – Saifedean Ammous: Bitcoin, Anarchy, and Austrian Economics

Lex Fridman Podcast

CHAPTER

The Bitcoin Standard and the Fiat Standard on Time and Space

After the Russian invasion of Ukraine, the US confiscated the Russian central bank's significant monetary reserves and banned some Russian banks from the Swift network. Serious questions are being asked about the survival of the post-war dollar based world monetary order. Will Russia, China and other countries actually build an alternative international settlement system after years of threatening to do so? Will we witness the birth of a new commodity, gold based monetary order? In this seminar, we use the insights from the Bitcoin Standard and the fiat standard on temporal and spatial sellability to explain why reports of the death of the dollar may be exaggerated.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode