Ep. 64: Stephan Livera - How Bitcoin Challenges the Fiat System

My guest today is Stephan Livera, the host of the prominent Bitcoin podcast “The Stephan Livera Podcast”. Growing up in Australia, Stephan developed a deep interest in libertarianism and Austrian economics during his teenage years, which shaped his perspective on money and governance. In this episode, Stephan shares his journey from being a chartered accountant at Deloitte to becoming a leading voice in the Bitcoin space. We discuss his insights on Bitcoin's role in challenging fiat currency, the cultural decay caused by fiat money, and the growing adoption of Bitcoin by institutions and governments. Stephan also explores the future of Bitcoin custody, the balance between decentralization and scalability, and the implications of hyper-bitcoinization on governance, sovereignty, and society. Enjoy.

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Stephan’s Twitter: https://x.com/stephanlivera

Stephan’s Nostr npub: npub1r8l06leee9kjlam0slmky7h8j9zme9ca32erypgqtyu6t2gnhshs3jx5dk

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Stephan’s Substack: https://stephanlivera.substack.com/ 

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-- CHAPTERS –

00:00 Coming Up…

01:15 Introduction & Stephan’s Background

05:44 Finding Austrian Economics as a Teenager

09:32 Immigration and Growing Up In Australia

12:37 Australia's Landscape: Energy, Woke Culture,  Housing

21:00 The World’s Going Through a Moral & Cultural Decay

25:06 The Trend of Decentralizing Nation States 

31:56 Living in Dubai 

33:01 Migration Trends & Predictions

34:30 Stephan’s Podcast Journey

36:49 Bitcoin's Evolution: From Cypherpunks to Institutional Adoption

41:07 The Future of Bitcoin Holding: Custodial vs. Self-Custody

43:17 The Role of Banks in a Bitcoinized World

49:14 Market Cycles and the Psychology of New Investors

55:31 What People Don’t Understand About Bitcoin

1:01:09 Resources and Getting Started With Bitcoin

1:02:44 Message of Hope & Conclusion