On listener request, I fly solo for this episode to give Bitcoin newbies and Bitcoin intermediate listeners an overview on 'Bitcoin Austrian' thought. Learn why students of the Austrian school of economics are well placed to understand Bitcoin: How money arises on the market as most saleable good Why Bitcoin isn't a scam 'Intrinsic value' Blockchains and social scalability Bitcoin and Austrian thinkers worth listening to and reading Make sure you share this episode with your friends who are struggling to understand Bitcoin!  Links:  Vijay Boyapati The Bullish Case for Bitcoin: https://medium.com/@vijayboyapati/the-bullish-case-for-bitcoin-6ecc8bdecc1  Nakamoto Institute Crash Course in Bitcoin Political Economy: https://nakamotoinstitute.org/crash-course/ Saifedean Ammous The Bitcoin Standard: https://www.amazon.com/Bitcoin-Standard-Decentralized-Alternative-Central/dp/1119473861 Mises Institute: https://mises.org/ Stephan Livera links: Twitter: https://twitter.com/@stephanlivera  Subscribe on iTunes: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2  Subscribe on Android: https://subscribeonandroid.com/anchor.fm/s/7d083a4/podcast/rss Website: https://stephanlivera.com/  Patreon: http://patreon.com/stephanlivera 

Stephan Livera debates Austrian vs. Keynesian economics, government intervention, Bitcoin's rise, money printing consequences, libertarian views on welfare, and Bitcoin's impact on private cities.

In this discussion, Stephan Livera, a seasoned Bitcoin podcaster and expert, advocates for small blocks in Bitcoin, countering recent calls for larger sizes. He dives into the intricate scaling dilemma, stressing the balance between growth and decentralization. Livera examines the power dynamics within Bitcoin's ecosystem, emphasizing the crucial roles of miners and node operators. He also explores the layered architecture of transactions, including the benefits of the Lightning Network, underscoring the importance of self-custody and the overall evolution of Bitcoin.

Stephan Livera, an expert in Austrian economics and cryptocurrency, shares his fascinating journey from Keynesian education to embracing anarcho-capitalist views. He introduces essential resources for newcomers to Austrian economics and reflects on the importance of community in Bitcoin discussions. Stephan discusses the challenges of creating a successful Bitcoin podcast while balancing a full-time job, and he provides insights on engaging audiences without being an expert. He also reflects on his transition from Australia to Dubai during the pandemic, highlighting favorable tax conditions.

Stephan Livera, a leading voice in Bitcoin and Austrian economics, interviews Bob Murphy to delve into the fascinating economics of Bitcoin. They explore how Bitcoin contrasts with gold as a medium of exchange while tackling misconceptions surrounding its utility. The duo also discusses the nuanced roles of miners and nodes, the philosophical implications of Bitcoin’s finite supply, and the potential shifts in government finance due to Bitcoin adoption. This conversation packs insightful perspectives for both crypto enthusiasts and economic thinkers.