5min chapter

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

Lex Fridman Podcast

CHAPTER

Bitcoin Is the Only Technology That Ends World War I

Once World War I started, we got into this endless conflict that's been ongoing since then. And it's because when that Pandora's box of government control of money was opened, there was no longer a real restraint on war except complete defeat and complete destruction and complete death. That has allowed this new emergence of what I like to call chicken hawks of people who sit in office like the entire foreign policy establishment in Washington, D.C. People who have never fought can devalue the world's money in order to go and have other people's children fight for them.

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