TFTC: A Bitcoin Podcast #444: Fiat Ruins Everything with Jimmy Song
Sep 6, 2023
Author Jimmy Song discusses his book 'Fiat Ruins Everything' in this podcast. Topics include degeneracy hazards, the influence of fiat on individuals and corporations, strong families and low time preference life, the ossification of the fiat world, the lack of stores of value, protecting oneself in a fiat system, the harmfulness of rent seeking, drivechains, and more.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8 9 10
Introduction
00:00 • 5min
The Rise of Bitcoin as a Safe Haven
04:49 • 2min
The Power of Language Models
06:33 • 9min
The Importance of Having Ideas and Using Writing Tools
15:12 • 13min
The Impact of the Managerial Class and Headcount Metrics
28:02 • 2min
The Impact of Inflated Housing Market on Families
30:29 • 20min
The Limits of the Fiat Economy
50:17 • 20min
Discussion on Global Monetary Base Growth and Negative Impact of Rent Seekers
01:09:50 • 3min
The Social and Psychological Hurdles of Transitioning to Bitcoin
01:13:00 • 14min
The Release of a Book Aimed at Strengthening Conviction in Bitcoin
01:26:35 • 3min