Bitcoin Economist Saifedean Ammous about economic calculation.

Saifedean Ammous discusses economic calculation, Austrian economics, hard money, the gold standard and liquidity.

Resources

Show Notes

  • 00:00:46 - Welcome & Intro.
  • 00:01:16 – Why do we mine gold and what is economic calculation?
  • 00:05:26 – Saifedean explains how we perform economic calculation and how Bitcoin will affect that.
  • 00:08:58 – Why is hard money so important?
  • 00:11:46 – What effect does a government setting prices have on money?
  • 00:13:55 – Can we avoid the collapse that is inevitable with a fiat system?
  • 00:19:36 – Saifedean and Trace explain where Bitcoin falls on the liquidity pyramid.
  • 00:25:19 – What is the result of our current financial system?
  • 00:27:32 – What effect Bitcoin will have on the economy in the next 200-300 years.