13: Bitcoin Prosperity Or Bitcoin Fantasy
Guns N' Bitcoin
English - November 20, 2019 06:21 - 1 hour - 146 MB - ★★★★★ - 33 ratingsSociety & Culture Sports Wilderness Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Sound money is necessary but insufficient to create prosperity Do Austrian Economics principles apply to bitcoin as it functions today? And if so, how do those principles enable bitcoin to help poor people? What other factors besides sound money are necessary to create prosperity? In this episode, Ragnar debates these questions with Stephan Livera, a […]
Sound money is necessary but insufficient to create prosperity
Do Austrian Economics principles apply to bitcoin as it functions today? And if so, how do those principles enable bitcoin to help poor people? What other factors besides sound money are necessary to create prosperity? In this episode, Ragnar debates these questions with Stephan Livera, a speaker on Austrian Economics and the co-founder of the Australian Bitcoin education venture Ministry Of Nodes.
HIGHLIGHTS
Poverty is the default state of mankindDefining not-poverty. Prosperity?Factors of poverty to prosperity: Culture, IQ, values, natural resources, capital, technology, composition of economy, moneyRole of money in poverty and prosperityBitcoin and poverty – theory of sound money leading to increasing value of currency, while creating a structural changes to an economy. Has bitcoin alleviated poverty in the past and present?
RESOURCES
Stephan Livera’s Twitter, Podcast, and education venture Ministry Of NodesSummary of Austrian Economics by The Mises Institute