Bitcoin's Challenge to Capitalism

This chapter explores the contrasting dynamics between traditional capitalism and alternative economic systems, with a particular focus on Bitcoin's disruptive potential. The speakers discuss the philosophical implications of Bitcoin, advocating for a reevaluation of value and ownership in the context of modern economic practices.

Transcript

chevron_right

Play full episode

chevron_right

Transcript

Episode notes

During Preston Pysh's discussion with Allen Farrington, Allen provides critical thought experiments and challenges to many of the ideas that plague Wall Street and business schools.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

04:56 - What does the UFC have to do with economics and money?

08:28 - The Efficient Market Hypothesis.

19:18 - Is risk volatility?

19:18 - The Capital Asset Pricing Model.

31:10 - This is NOT capitalism.

34:49 - The flaws in using GDP.

44:21 - Thoughts on Bitcoin and derivative markets.

44:21 - The societal implications of Bitcoin and beyond it's economic value.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
Allen Farrington's Twitter.
Allen's Website.
Allen's book, Bitcoin is Venice.

NEW TO THE SHOW?

Check out our We Study Billionaires Starter Packs.
Browse through all our episodes (complete with transcripts) here.
Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.
Enjoy exclusive perks from our favorite Apps and Services.
Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.
Learn how to better start, manage, and grow your business with the best business podcasts.

SPONSORS

Support our free podcast by supporting our sponsors:

River
Toyota
CI Financial
Sun Life
AFR
The Bitcoin Way
Industrious
Briggs & Riley
Meyka
Public
Vacasa
American Express
iFlex Stretch Studios
Range Rover
Fundrise
USPS
Shopify

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Learn more about your ad choices. Visit megaphone.fm/adchoices

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app

Home Top podcasts Popular guests