The Bitcoin Standard Podcast

Economist Saifedean Ammous and George Selgin, director of the Center for Monetary and Financial Alternatives at the Cato Institute, debate whether Bitcoin can replace government-issued money. They discuss the challenges Bitcoin faces, such as competing with an incumbent currency and the safety of transacting with Bitcoin. They also explore the vulnerabilities and challenges of Bitcoin, including hacking and value volatility, and compare Bitcoin's transaction costs to traditional methods. Additionally, they discuss the potential impact of the gold standard and the distinction between medium of exchange and means of payment.

Dr. Saifedean Ammous speaks at the Libertarians Scholars Conference September 29, 2019. When a pseudonymous programmer introduced “a new electronic cash system that’s fully peer-to-peer, with no trusted third party” to a small online mailing list in 2008, very few paid attention. Ten years later, and against all odds, this upstart autonomous decentralized software offers an unstoppable and globally-accessible hard money alternative to modern central banks. The Bitcoin Standard analyzes the historical context to the rise of Bitcoin, the economic properties that have allowed it to grow quickly, and its likely economic, political, and social implications.While Bitcoin is a new invention of the digital age, the problem it purports to solve is as old as human society itself: transferring value across time and space. Ammous takes the reader on an engaging journey through the history of technologies performing the functions of money, from primitive systems of trading limestones and seashells, to metals, coins, the gold standard, and modern government debt.Exploring what gave these technologies their monetary role, and how most lost it, provides the reader with a good idea of what makes for sound money, and sets the stage for an economic discussion of its consequences for individual and societal future-orientation, capital accumulation, trade, peace, culture, and art.Compellingly, Ammous shows that it is no coincidence that the loftiest achievements of humanity have come in societies enjoying the benefits of sound monetary regimes, nor is it coincidental that monetary collapse has usually accompanied civilizational collapse. THE BITCOIN STANDARD TOOLKIT/SPONSORSNYDIG - https://nydig.comCyphersafe - https://cyphersafe.io/ OKCoin - https://okcoin.com/Nodl - https://www.nodl.it/Coldcard - https://coldcardwallet.com/CoinBits App - https://coinbitsapp.com/

In this episode, you'll learn:· Why a higher demand for Bitcoin indirectly makes the currency more secure and in turn a better store of wealth· Why the adoption of a deflationary currency like Bitcoin will encourage people to think long term and invest more· Why the clearance mechanisms of central banks will ensure the fiat currency system’s survival· Why profitable bitcoin mining in the future won’t be using fossil fuels· Why Altcoins can’t compete with Bitcoin regardless of any current or future technical properties THE BITCOIN STANDARD TOOLKIT/SPONSORSNYDIG - https://nydig.comCyphersafe - https://cyphersafe.io/ OKCoin - https://okcoin.com/Nodl - https://www.nodl.it/Coldcard - https://coldcardwallet.com/CoinBits App - https://coinbitsapp.com/

As Dr. Ammous explains in his presentation why this has far reaching implications for the world we live in, given that money is a competitive market at all times, meaning that all monies are in constant competition with each other. If history is any guide, the harder money always comes out on top at the end. THE BITCOIN STANDARD TOOLKIT/SPONSORSNYDIG - https://nydig.comCyphersafe - https://cyphersafe.io/ OKCoin - https://okcoin.com/Nodl - https://www.nodl.it/Coldcard - https://coldcardwallet.com/CoinBits App - https://coinbitsapp.com/

Saifedean Ammous previews his upcoming Austrian Economics project. Visit his website at: www.Saifedean.com THE BITCOIN STANDARD TOOLKIT/SPONSORSNYDIG - https://nydig.comCyphersafe - https://cyphersafe.io/ OKCoin - https://okcoin.com/Nodl - https://www.nodl.it/Coldcard - https://coldcardwallet.com/CoinBits App - https://coinbitsapp.com/

13 March 2019 Saifedean Ammous - Author and Economist As bitcoin enters its tenth year, Saifedean Ammous examines the unique economic properties of bitcoin, how bitcoin is scaling to meet growing demand, and the economic, political, and social impacts of the resort to a hard money like bitcoin. THE BITCOIN STANDARD TOOLKIT/SPONSORSNYDIG - https://nydig.comCyphersafe - https://cyphersafe.io/ OKCoin - https://okcoin.com/Nodl - https://www.nodl.it/Coldcard - https://coldcardwallet.com/CoinBits App - https://coinbitsapp.com/

Saifedean debates Peter Schiff on the merits of Bitcoin vs. gold. THE BITCOIN STANDARD TOOLKIT/SPONSORSNYDIG - https://nydig.comCyphersafe - https://cyphersafe.io/ OKCoin - https://okcoin.com/Nodl - https://www.nodl.it/Coldcard - https://coldcardwallet.com/CoinBits App - https://coinbitsapp.com/

Michael Pento will debate Saifedean Ammous on Bitcoin as a form of money. THE BITCOIN STANDARD TOOLKIT/SPONSORSNYDIG - https://nydig.comCyphersafe - https://cyphersafe.io/ OKCoin - https://okcoin.com/Nodl - https://www.nodl.it/Coldcard - https://coldcardwallet.com/CoinBits App - https://coinbitsapp.com/

Bitcoin meetup at Hong Kong. THE BITCOIN STANDARD TOOLKIT/SPONSORSNYDIG - https://nydig.comCyphersafe - https://cyphersafe.io/ OKCoin - https://okcoin.com/Nodl - https://www.nodl.it/Coldcard - https://coldcardwallet.com/CoinBits App - https://coinbitsapp.com/

Recorded Live May 23, 2018. THE BITCOIN STANDARD TOOLKIT/SPONSORSNYDIG - https://nydig.comCyphersafe - https://cyphersafe.io/ OKCoin - https://okcoin.com/Nodl - https://www.nodl.it/Coldcard - https://coldcardwallet.com/CoinBits App - https://coinbitsapp.com/