142. Why Bitcoin Miners Get Rekt

142. Why Bitcoin Miners Get Rekt

Why are so many bitcoin miners going bankrupt? We discuss the economics of bitcoin mining, how the difficulty adjustment works, why it makes bitcoin mining a zero sum game, and why it ensures bitcoin is optimized for the saver, not for the miner. Plus, what are the things you need to keep in mind if you are considering getting into mining? Resources (All links available on saifedean.com/podcast/142-why-bitcoin-miners-get-rekt) Saifedean’s first book, The Bitcoin StandardSaifedean’s sec...

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5. Michael Saylor & Microstrategy adopt The Bitcoin Standard

5. Michael Saylor & Microstrategy adopt The Bitcoin Standard

In this seminar we host Michael Saylor, CEO of Microstrategy, the publicly traded company that announced it was making bitcoin its primary treasure reserve asset, and purchasing 38,250 BTC (~$425m). S...

25 Syys 20201h 48min

Bitcoin Fixes This #5 - Saifedean Ammous on Off Chain with Jimmy Song

Bitcoin Fixes This #5 - Saifedean Ammous on Off Chain with Jimmy Song

Saifedean Ammous is the author of The Bitcoin Standard. We talk about the university system, how money has made it highly inefficient and how the internet is routing around it. Saifedean also tells us...

22 Syys 20201h 3min

4. Microstrategy announcement of allocating $425M into Bitcoin

4. Microstrategy announcement of allocating $425M into Bitcoin

Seminar 4 with Dr. Ammous for September 17, 2020 Enjoyed this episode? You can take part in podcast seminars, access Saifedean’s courses and read chapters of his forthcoming books by becoming a Saife...

18 Syys 202055min

Economics, Energy, and Bitcoin w/ Alex Epstein & Saifedean Ammous

Economics, Energy, and Bitcoin w/ Alex Epstein & Saifedean Ammous

In this episode of Power Hour by Alex Epstein, author of The Moral Case for Fossil Fuels, interviews Dr. Saifedean Ammous, economist and author of "The Bitcoin Standard." Alex and Dr. Ammous discuss a...

15 Syys 20201h 23min

3. Bitcoin Difficulty Adjustment

3. Bitcoin Difficulty Adjustment

The Bitcoin Standard Podcast Seminar 3, September 10, 2020 In this seminar we discuss bitcoin's difficulty adjustment, what I view as the secret sauce that makes bitcoin work! Enjoyed this episode?...

11 Syys 20201h 30min

2. Economics of Energy

2. Economics of Energy

This seminar focuses on the economics of energy. How does the economic way of thinking help us understand the energy market, and recent events like the California blackouts. I discuss the content of t...

4 Syys 20201h 28min

Saifedean Ammous on Why Bitcoin is the Most Advanced Form of Money

Saifedean Ammous on Why Bitcoin is the Most Advanced Form of Money

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: t...

31 Elo 20201h 9min

1. Monarchy and Democracy

1. Monarchy and Democracy

Main points on Monarchy vs Democracy: 1. Time preference 2. Security of property 3. War 4. Democracy has perverse selection 5. Democracy legitimates government 6. Kings don't owe anybody anything 7. ...

22 Elo 20201h 22min

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