The Austrian School of Economics and Bitcoin

Josef Tětek joins me to discuss the relationship between the Austrian School of Economics with Bitcoin, the impact of time preference, and the non-state properties of Bitcoin. 

Josef Tětekis an author and a podcaster. He works as a Bitcoin Analyst at SatoshiLabs. 

// GUEST // 
Twitter: https://twitter.com/SatsJoseph 
Articles: https://bitcoinmagazine.com/authors/josef-tětek 
Podcast: http://stackuj.cz/

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// OUTLINE // 
00:00 - Coming up 
00:51 - Intro 
02:24 - Helping Lightning Startups with In Wolf's Clothing 
03:10 - Introducing Josef Tětek 
03:30 - Quick Background and Path into Bitcoin 
04:44 - Orange Pill Moment 
05:25 - Relationship of the Austrian School of Economics with Bitcoin 
09:35 - No Supercomputer can Replace the Pricing System 
12:26 - Distributed Computing vs. Centralized Computing 
14:40 - Emergent Pricing vs. Central Planning 
17:10 - The Immutable Laws 
18:31 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet 
19:27 - Maximize Your Profits with Gold Investment Letter 
20:24 - Time Preference and its Connection to Money 
26:43 - Positive Consequences of Low Time Preference 
28:50 - Monetary History: From Gold to Bitcoin 
33:48 - Problems of the Gold Standard 
35:21 - The Intangibility of Bitcoin 
36:02 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet 
36:54 - Hold Bitcoin in the Most Secure Custody Model with Casa 
37:42 - Bitcoin: Separation of Money and State 
42:16 - Attributes that Make Bitcoin a Non-State Money 
44:01 - Why Bitcoin Only 
47:43 - Ten Commandments of Bitcoin 
51:04 - How to Find Josef's Work

// PODCAST // 
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