Move Your Wealth to Bitcoin Standard NOW |
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- เผยแพร่เมื่อ 13 มิ.ย. 2024
- Live from Bitcoin Beach in El Zonte, El Salvador, in this episode, we dive deep into the transformative potential of Bitcoin as a superior form of money, perfectly aligned with modern technological advancements.
Join me as I sit down with renowned economist @saifedean Ammous, author of "The Bitcoin Standard," to explore how Bitcoin's hard money principles such as its capped supply and difficulty adjustment mechanism are pivotal for economic stability and future-oriented financial planning.
Saifedean shares his expert insights on why Bitcoin, with its robust technological framework and predictable monetary policy, represents not just an evolution, but a necessary revolution in our financial systems. We discuss the societal impacts of Bitcoin adoption, its implications for global economies, and how countries like El Salvador are pioneering this journey towards a more stable and prosperous financial future.
Learn why embracing Bitcoin could fundamentally change our approach to saving, spending, and investing, making it essential for aligning our economic practices with the technological landscape of the 21st century. Discover the economic implications of adopting Bitcoin and how its principles of scarcity and decentralization could serve as the cornerstone of a new financial paradigm.
Tune in to understand how Bitcoin is setting the standard for what money should be in a digital age-durable, portable, divisible, and resistant to censorship.
- Mike
Support and follow Bitcoin Beach:
/ bitcoinbeach
/ bitcoinbeach_sv
/ livefrombitcoinbeach
Web: www.bitcoinbeach.com/
Connect with Saifedean:
Website: saifedean.com/
X: / saifedean
IG: / saifedean
YT: / @saifedean
Podcast: podcasts.apple.com/us/podcast...
Browse through this quick guide to learn more about the episode:
00:00:00 - What Is the Impact of Fiat Money on the Economy?
00:01:08 - Why Is "The Bitcoin Standard" a Must-Read for Bitcoin Enthusiasts?
00:04:29 - What Was the Writing Process Behind "The Bitcoin Standard"?
00:10:26 - How Does Understanding Fiat Money Through Bitcoin Change Our Perspective?
00:17:03 - Why Does the Fiat System Force Individuals to Take More Risks?
00:19:26 - Why Have Interest Rates Been on a Downward Trend Historically?
00:22:51 - What Surprising Insights Emerged While Writing "The Bitcoin Standard"?
00:28:47 - What Are the Key Differences Between "The Bitcoin Standard" and "The Fiat Standard"?
00:32:10 - Can Bitcoin Eventually Replace Fiat Currencies?
00:36:55 - Why Is It Important to Balance Cash Balances Between Bitcoin and Fiat?
00:40:53 - What Role Does Bitcoin Play in Global Cash Balances?
00:41:29 - Can Bitcoin Lead to Wiser Consumer Behavior?
00:42:18 - What Are the Potential Paths for Countries to Adopt Bitcoin as Legal Tender?
00:47:01 - What Are the Economic Impacts of Bitcoin Adoption in El Salvador?
00:52:20 - Why Is the Practical Use of Bitcoin Important for Its Adoption as Better Money?
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Saifedean is the best. Period.
Now he also starts collapsing against Bitcoin ...
He was good on Simon Dixons plan b retirement. After I listened to him I sold all my silver and transferred to Bitcoin
Well done. I didn`t 4 years ago, got regrets now...Luckily for me, I sold everything else and went "all-in" 4 years ago.
Saifedean is a world treasure
. . . . . Bitcoin to 10million by 2033. Nothing can stop what's coming.
It’s always great to listen to Saifedean speak about Bitcoin and money
Love this bloke, he’s a gem
I am so honored and thankful to found Bitcoin and to continue learning from so many interesting Bitcoiners and their proof of work. Keep it up!
Your Own BitCoin is fundamentally Superior to Any E T F. 😗
E.T. the Extra-Terrestrial
Writing clarifies thought. Amen. That’s one reason I write also.
👍Excellent 👍
Saifedean in your podcast? That's crazy
Bought The Bitcoin Standard at B&N last week.
Cool show. Lots of info. Great guest.
This was very nice to watch. Thank you both.
Included in the defn. of what a "store of value" is that the owner of that store can defend its ownership. If you own enough gold to bring you security, it will ultimately be manipulated out of your ownership, or will simply be taken by force. So the "sov" defn. of gold is already violated for the average retailer. BTC is ultimately far less risky than gold for me. I'm tired of hearing about gold or any physical asset that provides only the appearance of security, but is ultimately completely unsecure. Great installment with Saif.
Great talk, thanks!!
saifedean is like if yuval harari had integrity and a spine... and a soul
Hahaha whaaa?
I like yuvals books. Did he get caught up in something? Why the hate?
@@jermainecoe3866Yuval is evil
I love this guy
Awesome info!!!!😊
Revux responsiveness to community feedback is an impressive aspect of its development. The proactive engagement with the community demonstrates a commitment to inclusivity and a willingness to adapt based on user input.
Revux consistent progress updates showcase a level of dedication that investors appreciate. The transparency and regular communication contribute to a sense of trust and assurance in the project's trajectory.
Revux community-driven approach is precisely what the crypto space needs. The active involvement of the community in shaping the project's direction fosters a sense of shared ownership and commitment.
The "gap-learning" theory is absolutely true,...plus one relearns and solidifies what the heck they're speaking of/teaching.
🤝
BTC life is like being a sober person on New Years eve ...
I enjoy listening to him.
The adaptability of Revux to market changes is a key strength. In an ever-evolving landscape, Revux ability to navigate shifts and embrace new opportunities positions it as a resilient player in the crypto market.
About using Bitcoin as a medium of exchange. You don't need Gretchen's law.
Fiat is designed to spend. You don't want to hold it for too long. Abd Bitcoin is designed to save as it gains value over time.
🧡💯
😎👌🏻✌🏻
Krass Yachti, du bist wirklich überall😂.
@@Faystar607…bei den Guten😉
Less likely to pay in BTC in jurisdictions where it isn’t legal tender.
Revux vision for decentralization is not just inspiring; it's visionary. The commitment to decentralization aligns with the core principles of blockchain technology and sets Revux on a path to redefine the industry.
Revux has the potential to outperform many in the current market. The combination of strategic planning, innovative features, and a dedicated team positions Revux as a frontrunner for future success.
Everybody with 2 Bitcoins soon never has to work again.....Just my 2 Satoshi`s, not financial advice....
How soon though😅
@@srileo 10 years for a Western country
He just forgot ... it is not "millions dol ... but millions dol EQUIVALENT measured in bitcoin 😂
It is impossible to stack more sats with less bitcoin stored in fiat 😂
Am I missing something? At 7 transactions a sec, it would take several decades for 8 billion people to each do a single transaction. Just to get everyone a wallet that doesn’t have one, even if it’s opening a lightning channel, it would take 30-50 years, assuming those were the only transactions occurring on the network during that time!
Yes, you are missing something. The lightning network and possibly other layer two solutions are coming along very well. I rarely transact on the main chain. Eventually for every transaction on the base bitcoin network there can be thousands on lightning. Try mutiny, Zeus, Aqua.
Maxis are the cringe gold bugs of the crypto world. Saylor about to jump ship and start diversifying into other coins. lol
Bitcoin Protocol not Standard
he has it wrong. scarcity does not lead to value. wombat shit is very scarce! utility leads to value. a payment system based on BTC would be disastrous due to its long transaction time and cost. and you cannot even have a smart contract on it. BTC is yesterday.
No. Is utility lead to value then we would be using aluminum as standard
@@srileo you obviously need both. scarcity along won't cut it. aluminium was a very precious metal in Napoleonic France precisely because of that and Warren buffet is very bullish on copper. not for nothing