Bitcoin and Time Preference

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 // 
Podcast Website: https://whatismoneypodcast.com/ 
Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400
Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE? 
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