220. Austrian Economics & the State with Walk...

Saifedean joins Mark Moss to discuss how fiat money and central banking are destroying people's ability to build wealth, why Bitcoin beats gold as a store of value, the recent Cold Card hack, self-custody, and whether borrowing to buy Bitcoin is a smart strategy. 

Bitcoiner HAC invites us to rethink Bitcoin hardware from scratch. What does a signing device actually do and can you do it yourself? He makes the case for why DIY Bitcoin with generic hardware is better than specialized Bitcoin hardware.Twitter: https://x.com/heavilyarmedcYetico ...  Show more

IN THIS EPISODE, YOU'LL LEARN: How Michael Saylor defines Inflation, risk premiums and hurdle rates The fundamentals of Microstrategy Why he's putting Bitcoin on his balance sheet Why he issued convertible debt to buy more bitcoin How other companies will likely follow suit BOOKS ...  Show more

Saifedean Ammous is an Austrian economist and author of The Bitcoin Standard and The Fiat Standard. Please support this podcast by checking out our sponsors: – GiveWell: https://www.givewell.org/ and use code LEX – Scale: https://scale.com/lex – Uncruise: https://uncruise.com/pag ...  Show more

IN THIS EPISODE, YOU’LL LEARN: 00:51 - What gave Saifedean the idea for the new book. 04:15 - What are the four key elements of how the Fiat system works? 10:38 - What surprised Saifedean the most about what value fiat brings to the existing economy. 15:39 - Inflation is a vector ...  Show more

Dive deep into Bitcoin's evolution with expert Max Hillebrand. We unravel Mises' action axiom, Hoppe's private property origins, and Rothbard's economic theories. Discover Wasabi Wallet's role in privacy, the potential of Ocean mining, and strategies for Bitcoiners to enhance ano ...  Show more