Can Bitcoin Replace Government-Issued Money? Saifedean Ammous debates  George Selgin

Can Bitcoin Replace Government-Issued Money? Saifedean Ammous debates George Selgin

"Bitcoin is poorly suited to the purpose of becoming any nation's main medium of exchange." That was the topic of a public debate hosted by the Soho Forum in New York City on August 12, 2019. It featured George Selgin, director of the Center for Monetary and Financial Alternatives at the Cato Institute, and economist Saifedean Ammous, author of The Bitcoin Standard: The Decentralized Alternative to Central Banking (2018). Soho Forum Director Gene Epstein moderated. Welcome to the audio podc...

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293. The Fiat Standard Lecture 12: Fiat Cost-Benefit Analysis

293. The Fiat Standard Lecture 12: Fiat Cost-Benefit Analysis

The Fiat Standard Lecture 12: Fiat Cost-Benefit Analysis calculates the minor benefits of fiat & compares them to its massive destructive effects: wealth erosion, distorted markets, political power gr...

30 Syys 202531min

292. The Fiat Standard Lecture 11: Fiat States

292. The Fiat Standard Lecture 11: Fiat States

The Fiat Standard Lecture 11: Fiat States shows how fiat exports inflation via reserve currencies, swaps market discipline for IMF/World Bank debt traps, bailouts & central planning, limits capital fl...

23 Syys 20251h 3min

291. The Fiat Standard Lecture 10: Fiat Fuels

291. The Fiat Standard Lecture 10: Fiat Fuels

The Fiat Standard Lecture 10: Fiat Fuels shows how fiat distorts energy markets replacing reliable hydrocarbons with subsidized unreliable expensive fiat fuels, rewards climate hysteria over engineeri...

16 Syys 20251h 14min

290. The Fiat Standard Lecture 9: Fiat Science

290. The Fiat Standard Lecture 9: Fiat Science

The Fiat Standard Lecture 9: Fiat Science shows how fiat centralizes education and research funding, removes real market feedback, produces meaningless research papers, politicizes science, entraps st...

9 Syys 20251h 21min

289. The Fiat Standard Lecture 8: Fiat Food

289. The Fiat Standard Lecture 8: Fiat Food

The Fiat Standard Lecture 8: Fiat Food explains how fiat destroyed modern food, as governments optimize farming policy & nutritional guidelines to mask inflation, industrial sludge replaces meat & ani...

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288. The Fiat Standard Lecture 7: Fiat Life

288. The Fiat Standard Lecture 7: Fiat Life

The Fiat Standard Lecture 7: Fiat Life discusses how fiat raises time preference, breaks the bond between effort & reward, inventivizes debt, erodes culture, & undermines families. Bitcoin, as hard mo...

26 Elo 202548min

287. The Fiat Standard Lecture 6: What Is Fiat Good For?

287. The Fiat Standard Lecture 6: What Is Fiat Good For?

Fiat's superior salability across space enabled global adoption, financed governments, & entrenched fractional-reserve banks, at the cost of losing value across time. You can buy the hardcover, ebook ...

19 Elo 202552min

286. The Fiat Standard: Lecture 5: Fiat Balances: Universal Debt Slavery

286. The Fiat Standard: Lecture 5: Fiat Balances: Universal Debt Slavery

The Fiat Standard Lecture 5: Fiat Balances shows how fiat’s unquantifiable, irreconcilable, tentative, revocable, and negative balances kill saving, reward debt, and lock in servitude, unlike Bitcoin’...

12 Elo 202548min

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