Bitcoin Is the Only Technology That Ends World War I

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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.

Saifedean Ammous is an Austrian economist and author of The Bitcoin Standard and The Fiat Standard. Please support this podcast by checking out our sponsors:
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Books & resources mentioned:
The Fiat Standard (book): https://amzn.to/3FmNfsy
The Bitcoin Standard (book): https://amzn.to/3LRrcwA
The Blocksize War (book): https://amzn.to/3LORQ9o
The Theory of Money and Credit (book): https://amzn.to/3ykreZT
Human Action (book): https://amzn.to/3w9LzP4

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OUTLINE:
Here’s the timestamps for the episode. On some podcast players you should be able to click the timestamp to jump to that time.
(00:00) – Introduction
(07:53) – Money
(20:58) – Gold standard
(34:09) – Collective hallucination
(39:59) – Austrian vs Keynesian economics
(1:12:20) – Free market
(1:28:49) – Monarchy
(1:34:23) – Fiat money
(2:21:13) – SWIFT system
(2:34:03) – Bitcoin
(2:40:20) – Satoshi Nakamoto
(2:48:04) – Criticisms of Bitcoin
(3:03:16) – Football/soccer
(3:06:58) – Criticisms of Bitcoin continued
(3:17:17) – Bitcoin Maximalism
(3:29:40) – Proof of stake
(3:46:46) – Central bank digital currency
(3:57:59) – Michael Malice
(4:00:12) – Advice for young people
(4:06:21) – Palestine
(4:18:00) – Mortality