Why Bitcoin Now: Saifedean Ammous on Why Bitcoin is the Most Advanced Form of Money - Ep.187

Saifedean Ammous is an economist and the author of The Bitcoin Standard: The Decentralized Alternative to Central Banking, which has been translated into 20 languages. In this episode, he discusses:
the basic tenets of Austrian economics and why it is the only school where Bitcoin is possible
historical examples of currencies and how they lost their monetary value
the stock-to-flow model and how Bitcoin fits into that model
the three functions, or descriptive properties, of money and why Bitcoin fulfills these functions
the concept of sound money
the idea of time preference in economics and why he believes it is so important
the distinction between debt and money, and why they are not the same
the significance of difficulty adjustment and why he believes it is the crowning achievement of Bitcoin
why he views Bitcoin as the best store of value humanity has ever invented
the metrics he watches when assessing Bitcoin
what he thinks is in store for Bitcoin in the future, and whether he still thinks central banks will buy Bitcoin as a reserve currency
his thoughts on Ethereum and other digital currencies
and his predictions for Bitcoin in the next year
 
Thank you to our sponsor! 
Crypto.com: https://crypto.com/
 
Episode links: 
Saifedean Ammous: https://twitter.com/saifedean
Saifedean’s website: https://saifedean.com
 
The Bitcoin Standard: https://saifedean.com/book/
 
Invest Like the Best episode with Saifedean: http://investorfieldguide.com/ammous/
 
What Bitcoin Did episode with Saifedean: https://www.whatbitcoindid.com/podcast/saifedean-ammous-on-understanding-bitcoin-economics
 
Plan B’s stock-to-flow model applied to Bitcoin: https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25
https://medium.com/@100trillionUSD/bitcoin-stock-to-flow-cross-asset-model-50d260feed12
Essay on why the stock-to-flow model is wrong: https://www.coindesk.com/why-the-stock-to-flow-bitcoin-valuation-model-is-wrong
Learn more about your ad choices. Visit megaphone.fm/adchoices

Saifedean Ammous is an economist and the author of The Bitcoin Standard: The Decentralized Alternative to Central Banking, which has been translated into 20 languages. In this episode, he discusses:

the basic tenets of Austrian economics and why it is the only school where Bitcoin is possible historical examples of currencies and how they lost their monetary value the stock-to-flow model and how Bitcoin fits into that model the three functions, or descriptive properties, of money and why Bitcoin fulfills these functions the concept of sound money the idea of time preference in economics and why he believes it is so important the distinction between debt and money, and why they are not the same the significance of difficulty adjustment and why he believes it is the crowning achievement of Bitcoin why he views Bitcoin as the best store of value humanity has ever invented the metrics he watches when assessing Bitcoin what he thinks is in store for Bitcoin in the future, and whether he still thinks central banks will buy Bitcoin as a reserve currency his thoughts on Ethereum and other digital currencies and his predictions for Bitcoin in the next year

 

Thank you to our sponsor! 

Crypto.com: https://crypto.com/

 

Episode links: 

Saifedean Ammous: https://twitter.com/saifedean

Saifedean’s website: https://saifedean.com

 

The Bitcoin Standard: https://saifedean.com/book/

 

Invest Like the Best episode with Saifedean: http://investorfieldguide.com/ammous/

 

What Bitcoin Did episode with Saifedean: https://www.whatbitcoindid.com/podcast/saifedean-ammous-on-understanding-bitcoin-economics

 

Plan B’s stock-to-flow model applied to Bitcoin: https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25

https://medium.com/@100trillionUSD/bitcoin-stock-to-flow-cross-asset-model-50d260feed12

Essay on why the stock-to-flow model is wrong: https://www.coindesk.com/why-the-stock-to-flow-bitcoin-valuation-model-is-wrong

Learn more about your ad choices. Visit megaphone.fm/adchoices