5min chapter

Lex Fridman Podcast cover image

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

Lex Fridman Podcast

CHAPTER

Bitcoin Is the Most Advanced Form of Money Ever Invented

Bitcoin is a distributed software to operate peer-to-peer network between members who are all equal on the network. It's the first monetary asset that we've ever invented that is guaranteed to be fixed in its supply and cannot be increased beyond a certain number. So there will never be more than 21 million Bitcoin. And I think that's a huge deal because, you know, as he said earlier, money is always whatever is the hardest to make. Now Bitcoin is the hardest thing to make.

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