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#284 – Saifedean Ammous: Bitcoin, Anarchy, and Austrian Economics
Lex Fridman Podcast
How to Get the Equivalent of the Old Gold Coin
Gold is not being used as a money anymore in that you can't send it internationally. It's becoming more and more of an industrial metal, which means demand for it monetarily is limited. So we're seeing gold become like silver in that it gets used in industry. The Keynesian objection I think is very wrong and bad because investment is a job in itself. You need to be watching the central bank rather than following junkie stock analysis.
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