192. TIME: Principles of Economics online course Lecture 3

I joined Tom Woods to discuss current trends in Bitcoin, whether it’s in a “bubble,” what its advantages are, what the future may hold, and why all of this should matter to libertarians. THE BITCOIN STANDARD TOOLKIT The Bitcoin Standard Toolkit is a selection of the Bitcoin services I recommend to readers and learners on saifedean.com, as they upgrade from The Fiat Standard to The Bitcoin Standard.NYDIG NYDIG is a leading full-service financial services firm ...

11 Apr 202138min

Peter Young hosts a debate between Saifedean and gold investor Mark Valek on the monetary status of precious metals. Has bitcoin obsoleted gold as money? Is gold being demonetized? Do gold's uses in jewellery and industry help or hinder its monetary status? Enjoyed this episode? You can take part in podcast seminars, access Saifedean’s courses and read chapters of his forthcoming books by becoming a Saifedean.com member. Find out more here. THE BITCOIN STANDARD TOOLKIT/SPONSORS N...

8 Apr 20211h 28min

We discuss the economics of energy, based on the chapter on the topic in my Principles of Economics textbook, which is available to subscribers on saifedean.com. What is the economic rationale for consuming energy? How has energy use increased the value of human time, helped end slavery, and improved living standards? What does this teach us about bitcoin's energy consumption? What are the real costs of low-energy alternatives to bitcoin? Enjoyed this episode? You can take part in podc...

5 Apr 20211h 29min

We look at the economic problems of cracking down on bitcoin, and how that's working out for governments trying it. What can we learn from prohibition of drugs & alcohol? Will India's recent ban on bitcoin be as big a historic mistake as staying on the silver standard in the nineteenth century? Enjoyed this episode? You can take part in podcast seminars, access Saifedean’s courses and read chapters of his forthcoming books by becoming a Saifedean.com member. Find out more here. THE...

2 Apr 202148min

Are markets efficient? How do we think of this question from an Austrian perspective? We discuss how the absence of constants in economics has always been the problem with all quantitative approaches to economic questions, and what bitcoin means for this. Enjoyed this episode? You can take part in podcast seminars, access Saifedean’s courses and read chapters of his forthcoming books by becoming a Saifedean.com member. Find out more here. THE BITCOIN STANDARD TOOLKIT/SPONSORS NYDIG - h...

29 Mar 20211h 15min

Professor Steve Hanke has many decades of experience studying currencies and fighting inflation, but does not see value in bitcoin. He joins Saifedean and Hong Fang, the CEO of OKCoin, to discuss Bitcoin's value, whether bitcoin has intrinsic value, if bitcoin is just a speculative bubble, and if a currency board would work for a digital currency. THE BITCOIN STANDARD TOOLKIT/SPONSORS NYDIG - https://nydig.com Cyphersafe - https://cyphersafe.io/ OKCoin - https://okcoin.com/ Nodl ...

25 Mar 202155min

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 internationally? We look at how mining fiat by lending it incentivizes international financial institutions, how it shapes international politics and the domestic politics of developing countries, and how it has prevented economic growth in poor countries. Enjoyed this episode? You can take ...

22 Mar 202144min

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 any good reasons for bonds to exist in a world in which bitcoin works? What is the case for holding gold in a bitcoin world? Links: NYDIG Announces Appointment of New York Life Chairman and CEO Ted Mathas to its Board of DirectorsNYDIG Raises $200 Million from Strategic PartnersInstitutional Bit...

18 Mar 202150min