349. The Gold Standard - Presented at the Pro...

Lecture 2 in The Bitcoin Standard explains the problem money solves, how the solution shapes the desirable properties of money: salability across scales, space & time; why the latter property, expressed through hardness, is the critical feature of money & how it can be measured.J ...  Show more

Starting this week, Saifedean will be sharing a new online course on The Bitcoin Standard, revisiting the book almost 10 years on. This first lecture covers the prologue: how Bitcoin started, how it gained value, and why it is digital cash and digital hard money.BitGo: Institutio ...  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

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, author of the Bitcoin Standard and the upcoming book, The Fiat standard rejoins me on the show for an illuminating episode where we explore various ideas: