4min chapter

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

Lex Fridman Podcast

CHAPTER

Is Bitcoin the Trojan Horse for the World Economy?

More and more people are going to buy Bitcoin, the price of Bitcoin is going to go up. And as it goes up, Bitcoin becomes a more significant part of the world economy. It's going to keep going up because people don't like to be poor, except for most economists and academics. Most Bitcoiners tend to lean toward an apocalyptic transition. We're going to get hyperinflation. Everything is going to be terrible. Then we're going to move to Bitcoin.

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