Why Austrian Economists Didn’t See Bitcoin Coming with Vijay Boyapati (WiM324)

Vijay Boyapati joins me to discuss the misunderstanding of Bitcoin by the Austrian economists, the hype cycles of Bitcoin, and the future of the U.S. economy.

Vijay Boyapati is an Austrian economist and author.

// GUEST //
Twitter: https://twitter.com/real_vijay
Book: https://www.amazon.com/Bullish-Case-Bitcoin-Vijay-Boyapati-ebook/dp/B09CT4SX2X/
Website: https://vijayboyapati.medium.com/

// SPONSORS //
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// OUTLINE //
00:00 - Coming up
00:55 - Intro
02:28 - Helping Lightning Startups with In Wolf's Clothing
03:14 - Introducing Vijay Boyapati
03:44 - Introduction to the Austrian Economics
05:30 - Vijay's Journey down the Bitcoin Rabbithole
06:31 - How the Austrians Misunderstood Bitcoin
07:52 - What is Money: A Question of Significance
09:53 - Interpreting the Mises’ Regression Theorem
12:14 - Misinterpretation of Bitcoin’s Value
13:44 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet
14:40 - Maximize Your Profits with Gold Investment Letter
15:36 - Take Control of Your Healthcare with CrowdHealth
16:38 - The Feedback Loop of Speculation
21:31 - Modifying Austrian Economics to Incorporate Bitcoin
23:13 - How Reservation Demand Influences Asset Value
25:25 - The Hype Cycles of Bitcoin
27:14 - Bitcoin Adoption Will Take Time
28:20 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet
29:11 - Hold Bitcoin in the Most Secure Custody Model with Casa
30:00 - How the U.S. Avoided Hyperinflation
32:47 - Understanding the Loan Policy of the Banks
35:12 - How the U.S. Caused an Inflation
36:29 - The Problem with the Federal Reserve
38:31 - Solving the Debt Crisis
39:36 - The Future of the U.S. Economy
42:02 - The Dilemma of Increased Productivity and Inflation
43:05 - Where to Find Vijay's Work

// PODCAST //
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