58. Taxation, Bitcoin and the State with Domi...

The final lecture of Principles of Economics makes the case for civilization, how it emerges when reason restrains instinct & lowers time preference, enabling capital accumulation & division of labor, increasing peace & prosperity over generations, & how it can collapse.Get all c ...  Show more

Saifedean joins Nick Carey to discuss money as a civilizational force: why mainstream economics has an inflation blind spot, how banks "mine" fiat through credit creation, why the rich hold negative fiat balances to acquire hard assets, and how inflation funds war, corrodes moral ...  Show more

Dominic Frisby, comedian, author, financial writer and libertarian joins me on the show to talk about his latest book, Daylight Robbery.

We chat:

In this episode of CRYPTO 101 we talk to Dominic Williams of Dfinity about Bitcoin’s journey over the last decade, how the future of the world will be built on a public blockchain network, and we discuss the incoming explosion of decentralized Web 3 services. Guest Links: https:/ ...  Show more

IN THIS EPISODE, YOU'LL LEARN: The history of Florentine Mint and how it changed European banking A background on double entry book keeping Counterparty risk and how it impacts markets The importance of Disciplinary Constraint in banking Thoughts on the Velocity of Money Thoughts ...  Show more

IN THIS EPISODE, YOU’LL LEARN: 12:30 - Recently the Senate is directing the State Department to investigate the economic impact Bitcoin is having on El Salvador - what is going on here? 34:09 - What interview was the most memorable for Alex's new book? 35:10 - Alex's thoughts on ...  Show more