Coin Stories

The Fiat Standard: https://saifedean.com/the-fiat-standard/ BUY THE BOOK: https://saifedean.com/tfs-btc/ The Fiat Standard is Saifedean Ammous's attempt to explain the technology behind the current analog global monetary system. Similar to how The Bitcoin Standard explained the functional essence of bitcoin and its potential social and economic implications, this book examines twentieth century monetary technology and explains its benefits and drawbacks, and its many modes of failure. The origin of government control of money came from the limitations on the spatial salability of gold, which required its centralization. The political control over central banks became effectively as good as gold in the central bank, because the gold could not be used for global trade without the political control supervising it. The intermingling of political authority and monetary media in central banks led to the conflation of money and government credit, and the widely-held misconception that credit can play the role of money satisfactorily. But such a system cannot survive the test of the market, and it has had to be enforced by government decree, or fiat, under pain of violence. Like any violent intervention in the market, this one has had consequences. As fiat has formalized and legalized the monetization of debt, it has made debt issuance analogous to the mining of gold under the gold standard; each new loan increases the supply of existing money. Whereas gold has a high stock-to-flow ratio that protects its supply from sudden increases, The Fiat Standard has little restraint on its ability to generate debt. The large global debt bubble unleashed in 1914 can only be understood as a consequence of the formalization of the monetization of debt. The use of government credit as a substitute for money is disruptive of the normal functioning of the market system and price mechanisms. Rather than consumer sovereignty and choice dictating the successful providers and the most efficient technologies, it is government Fiat, as embodied through favorable credit policies, which is sovereign in such matters. The book takes a thorough look at several of these areas of life and economy and the disastrous impacts of this distortion. Unlike government credit, bitcoin is a present good whose value does not depend on any counter-parties. Unlike gold, bitcoin is highly salable across space, allowing it to be spent across international borders without needing political supervision. As bitcoin rises while fiat money goes through another of its periodic crises, The Fiat Standard juxtaposes the two technologies and presents some foreseeable scenarios for how they can coexist into the future, or not. **** Thank you to my sponsors, Bitcoin Conference and OKCoin. BITCOIN 2022 will be the BIGGEST BITCOIN EVENT IN HISTORY held in Miami on April 6-9, 2022. For 10% Off your Bitcoin Conference Ticket head to https://b.tc/conference **** OkCoin is on a mission to make crypto investing and trading easily accessible to anyone around the world. We are building the next generation of tools to help onboard the investors and traders who have been on the fence about crypto. Okcoin a globally licensed exchange with offices in San Francisco, Miami, Malta, Hong Kong, Singapore and Japan. We are a collective of global citizens with a common passion to help decentralize finance and level the economic playing field for everyone around the world. Visit go.okcoin.com/natalie for $50 in Bitcoin when you sign up.

Tone Vays Bio courtesy of ToneVays.com: Tone Vays is a Bitcoin analyst, derivatives trader & event producer. Tone worked on Wall Street for 10 years prior to discovering Bitcoin. Since then he has been educating people on his YouTube Channel about the importance of the financial technology. Tone has been featured in several Documentaries like Magic Money & Bitcoin - Beyond the Bubble and has made several news media appearances like CNBC, RT and more. He is an independent content creator at ToneVays.com, and the producer of 3 events: Unconfiscatable, Understanding Bitcoin and The Financial Summit for traders & hedge funds. Tone holds a Masters Degree in Financial Engineering from Florida State University along with Bachelor Degrees in Mathematics and Geology. --- This episode was brought to you by Bitcoin Magazine and the Bitcoin Conference. Buy your Bitcoin 2022 pass here and use code COINSTORIES for 10% off all tickets: https://b.tc/conference

Vijay Boyapati, an Australian-born tech pro and former political campaigner, unpacks his profound journey into Bitcoin's potential. He shares insights on how Bitcoin serves as a beacon of hope against oppressive systems, paralleling its rise with the early internet. Vijay reflects on the shifting values at Google, his transition from tech to politics, and the disillusionment that led him to embrace Bitcoin as a transformative tool. He also dives into its decentralized nature, sparking a fascinating discussion on the significance and mystery surrounding Satoshi Nakamoto.

Roya Mahboob is an Afghan tech entrepreneur and founder of Citadel Software, a software development company based in Herat. In addition to being one of Afghanistan's first female tech CEOs, Mahboob founded the Digital Citizen Fund, a nonprofit that aims to increase women's technological literacy and provide employment and educational opportunities for girls in Afghanistan. Mahboob was named one of TIME's 100 Most Influential People in the World in 2013 for her innovative initiatives to expand computer education. She has created nine IT centers for girls in high schools across Afghanistan and plans to expand her programs to 40 schools, ultimately reaching more than 160,000 female students. Mahboob has also taken her model beyond Afghanistan to schools in Bangladesh, India, Pakistan and Nepal. After facing death threats from the Taliban and others for her work, Mahboob left the country in 2013 and spent two years working remotely before returning to Afghanistan in 2016. -- This episode was brought to you by Bitcoin Magazine and the Bitcoin Conference 2022. Buy your pass here and use code COINSTORIES for 10% off all tickets: https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217

C.J. Wilson is a Bitcoin thought leader, podcaster, former MLB pitcher, race driver and proud father and husband. He has amassed a large following in the Bitcoin space and is about to venture into the world of Bitcoin mining and influencing politicians to become educated in BTC. Many know C.J. from his former career in Major League Baseball in which he was a pitcher for the Texas Rangers from 2005 to 2011 and the Los Angeles Angels of Anaheim from 2012 to 2015. C.J. now runs a dealership in Fresno, California and races sports cars in his free time, with a goal of someday racing in Le Mans. Make sure to check out his podcast, the Throttle Dogs, and follow him on Twitter at @str8edgeracer. ---- SPECIAL THANKS This podcast was brought to you in part by the Bitcoin Conference and Bitcoin Magazine. The Bitcoin 2022 Conference will celebrate Bitcoin over 4 days in Miami on April 6-9th, 2022 with 4 different passes. The four days include Industry day, 2 days of main events and speakers, and lastly, a festival day which is a day of music and networking. Prices will continue to rise over the next few months so get in early and use my affiliate code COINSTORIES for 10% off: http://tixr.com/pr/COINSTORIES/26217

Flori Marquez is a Founder and SVP of Operations at BlockFi. In this role she currently oversees institutional and retail operations, client service, project management, in addition to its APAC teams. At BlockFi, Flori has built and managed many critical functions including the Trading, Risk, Compliance, Marketing and People Operations teams. Flori has spent her career managing alternative lending products. In the marketplace lending industry, she helped build, scale, and optimize a $125MM portfolio for Bond Street (acquired by Goldman Sachs). As Head of Portfolio Management, Flori managed all operations from point of origination through default and litigation. Prior to Bond Street, Flori helped develop and maintain institutional partnerships at Oak Hill Advisors, a $30B fixed income asset manager. Flori graduated from Cornell University, majoring in pre-law with a minor in economics. To learn more visit www.BlockFi.com. Follow Flori on Twitter at @FounderFlori.

Bill Pulte is an American philanthropist and entrepreneur. He created the Twitter Philanthropy campaign and hashtag to give away some of his fortune to people in need. So far he has given out more than $1 million on his social platforms directly to followers needing financial assistance. He has given out some of his donations in Bitcoin, hoping to spread awareness and adoption. Pulte believe Bitcoin can help lift people, especially those in third world countries, out of poverty. Pulte set up the organization Team Giving to feature stories and requests of people who have a pressing financial need: "The creation of Team Giving was inspired by Bill Pulte's social media movement called Twitter Philanthropy. Mr. Pulte realized that the power of social media could be used for good instead of as a platform for toxic rhetoric. In the summer of 2019, he began to give his personal wealth away to those in need and inspired others to become philanthropists as well. Having over 800,000 teammates on board, participants in Twitter Philanthropy come together through micro-donations to help those in need by spreading kindness, love, and small monetary donations. Within three months, Mr. and Mrs. Pulte have given away over $100,000 dollars of their personal money and teammates have added another $200,000 to help fund things such as cars for veterans, school supplies for teachers, medical assistance for terminal patients, dental work, housing needs, and day to day bills. Team Giving looks to build on this movement to continue to bring people together to help fellow mankind in need. We strive to help those with time-sensitive, critical needs. Team Giving thanks Mr. and Mrs. Pulte for their generosity, thoughtfulness, and care for others. We promise to build on the momentum they have created!" Bill Pulte is also CEO of Pulte Capital Partners. Pulte Capital is a strategic investment firm focused exclusively on investing in leading building products businesses. The team has experience in building nearly 1 million homes internationally, allowing it to be highly selective in building market-leading companies of lasting value. Its acquisition targets are in key growth sectors of the quickly changing construction and building products industries. Follow Bill at @pulte. Download Bill's newsletter: https://pulte.substack.com

Anthony Scaramucci is Founder and Co-Managing Partner of SkyBridge focusing on marketing and business development. In 2021, he launched the SkyBridge Bitcoin Fund LP, which provides mass-affluent investors with an institutional-grade vehicle to gain exposure to Bitcoin Prior to founding SkyBridge in 2005, Mr. Scaramucci co-founded investment partnership Oscar Capital Management, which was sold to Neuberger Berman, LLC in 2001. Earlier, he was a vice president in Private Wealth Management at Goldman Sachs & Co.In 2016, Mr. Scaramucci was ranked #85 in Worth Magazine's Power 100: The 100 Most Powerful People in Global Finance. In 2011, he received Ernst & Young's "Entrepreneur of the Year – New York" Award in the Financial Services category. Anthony is a member of the Council on Foreign Relations (CFR), vice chair of the Kennedy Center Corporate Fund Board, a board member of both The Brain Tumor Foundation and Business Executives for National Security (BENS), and a Trustee of the United States Olympic & Paralympic Foundation. He was a member of the New York City Financial Services Advisory Committee from 2007 to 2012. He is the author of three books: The Little Book of Hedge Funds, Goodbye Gordon Gekko, and Hopping Over the Rabbit Hole, a 2016 Wall Street Journal best seller. In November 2016, Mr. Scaramucci was named to President-Elect Trump's 16-person Presidential Transition Team Executive Committee. In June 2017, he was named the Chief Strategy Officer of the Export-Import (EXIM) Bank. He served as the White House Communications Director for a period in July 2017. Mr. Scaramucci received a B.A. in Economics from Tufts University and a J.D. from Harvard Law School. Biography via Skybridge.com Follow Anthony on Twitter at @Scaramucci. If you'd like to hear more of Anthony's back story make sure to check out his episode of Natalie Brunell's Career Stories podcast here: https://podcasts.apple.com/us/podcast/anthony-scaramucci-financier-entrepreneur-former-white/id1451439126?i=1000446945395

Scott Melker is the Wolf of All Streets. He is a trader and investor, the host of the popular "The Wolf Of All Streets Podcast," the author of "The Wolf Den" newsletter, and a prolific writer and thought leader in the crypto space. He has been featured on Fox Business, in the New York Times, Forbes, Businessweek, The Wall Street Journal, Coindesk, CoinTelegraph, CCN and more. Scott has been named "Influencer Of The Year" by Binance in recognition of him being a leading voice in crypto and beyond. Learn more and subscribe to Scott's newsletter at thewolfofallstreets.io Follow Scott on Twitter at @ScottMelker.

Biography courtesy of hrf.org: Alex Gladstein is Chief Strategy Officer at the Human Rights Foundation. He has also served as Vice President of Strategy for the Oslo Freedom Forum since its inception in 2009. In his work, Alex has connected hundreds of dissidents and civil society groups with business leaders, technologists, journalists, philanthropists, policymakers, and artists to promote free and open societies. Alex's writing and views on human rights and technology have appeared in media outlets across the world including The Atlantic, BBC, CNN, Fast Company, The Guardian, Monocle, The New Republic, The New York Times, NowThis, NPR, Quartz, TIME, The Wall Street Journal, and WIRED. He has spoken at universities ranging from MIT to Stanford, presented at the European Parliament and U.S. Department of State, and participated in Singularity University events around the world, where he serves as faculty and lectures on bitcoin and the future of money. He currently lives in the San Francisco area. Articles by Alex Gladstein: -Finding Financial Freedom in Afghanistan -Inside Cuba's Bitcoin Revolution -Can Bitcoin Be Palestine's Currency of Freedom? -Bitcoin and The American Idea -The Humanitarian and Environmental Case For Bitcoin -Bitcoin is a Trojan Horse For Freedom