63. Bitcoin efficiency and cost-benefit analysis

63. Bitcoin efficiency and cost-benefit analysis

We often hear bitcoin is a waste, but rarely will someone present a full accounting of all the costs and the benefits associated with bitcoin. In this seminar, based on a chapter from upcoming The Fiat Standard, Saifedean attempts a full accounting of the costs that go into making bitcoin work, from electricity to infrastructure, and compares them to the benefits bitcoin provides: appreciating savings, money transfer, and most importantly, obsoleting fiat money, with its massive costs. We est...

Episoder(348)

42. The Fiat Standard, Chapters 4-7

42. The Fiat Standard, Chapters 4-7

In this seminar we discuss chapters 4 to 7 from my book The Fiat Standard, the forthcoming sequel to The Bitcoin Standard, available to subscribers on saifedean.com. How does the fiat standard work in...

22 Mar 202144min

41. Can bitcoin obsolete bonds?

41. Can bitcoin obsolete bonds?

As insurance industry giants begin to enter the bitcoin space, we discuss the implications for bitcoin’s proposition as a store of value. Will the satoshi rate become the new risk-free rate? Are there...

18 Mar 202150min

40. Dr. Shawn Baker on Meat, Fiat Foods, and Bitcoin

40. Dr. Shawn Baker on Meat, Fiat Foods, and Bitcoin

This week we host the poster child for carbohydrate deficiency, carnivore elite athlete, orthopedic surgeon, author, and bitcoiner Dr. Shawn Baker! We discuss Shawn's personal experience as an athlete...

14 Mar 20211h 25min

39. The Shitcoin Standard

39. The Shitcoin Standard

This week we discuss: What are shitcoins good for? Can shitcoins help bitcoin scale? Do shitcoins take market share from bitcoin, or from each other? Plus, find out why backing gold with bitcoin is fa...

9 Mar 20211h 6min

38. Bitcoin and fiat debt

38. Bitcoin and fiat debt

Should you borrow fiat to buy bitcoin? Is it better to sell bitcoin or borrow against it? In this seminar we discuss optimal fiat strategies for bitcoiners, and the risks involved, based on Michael Sa...

4 Mar 20211h 10min

37. Art on The Bitcoin Standard

37. Art on The Bitcoin Standard

In this seminar we are joined by Stephen Chow, founder of Chow Art Fund, whose mission is to embrace the bitcoin standard in order to sponsor living artists to create masterpieces, and @FractalEncrypt...

27 Feb 20211h 16min

36. Michael Saylor, stock-to-flow, and praxeology

36. Michael Saylor, stock-to-flow, and praxeology

In this podcast we discussed last week seminar with Microstrategy CEO Michael Saylor. We go over his strategy for buying bitcoin and wether it works for everyone. Then we discuss wether his actions an...

24 Feb 20211h 16min

34. Michael Saylor on The Fiat Standard

34. Michael Saylor on The Fiat Standard

We are rejoined by Microstrategy CEO Michael Saylor, who has read the first part of The Fiat Standard and shares some fascinating feedback on it, including how to think of time preference and bitcoin....

16 Feb 20212h 15min

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