The Bitcoin Standard Podcast

How would the free market have handled a respiratory illness? After a year of evidence, including my personal experience with the illness, we discuss the effectiveness of individual and public health precautions and interventions.We examine the difference in approach through the lens of Mises' calculation problem. What economic problems face public health authorities, and what would we have done without them?We are also re-joined by Philipp Bagus, who has just published a paper on the political economy of mass hysteria.You can find Philipp's paper here.Article: Why COVID-19 is more deadly in people with obesity—even if they’re youngCovid-19: Why are age and obesity risk factors for serious disease?Obesity is the biggest factor driving New York City's coronavirus hospitalizations after ageHow important is obesity as a risk factor for respiratory failure, intensive care admission and death in hospitalised COVID-19 patients? Results from a single Italian centre  Enjoyed this episode? You can take part in podcast seminars, access Saifedean’s courses and read chapters of his forthcoming books by becoming a Saifedean.com member. Find out more here.THE BITCOIN STANDARD TOOLKIT/SPONSORSNYDIG - https://nydig.comCyphersafe - https://cyphersafe.io/ OKCoin - https://okcoin.com/Nodl - https://www.nodl.it/Coldcard - https://coldcardwallet.com/CoinBits App - https://coinbitsapp.com/

This week we host Philipp Bagus, the economist who wrote the definitive Austrian treatment of deflation, In Defense of Deflation. We discuss the history of anti-deflation thought in economics, the different kinds of deflation, the consequences of deflation, and whether this is a problem for bitcoin. We also discuss Philipp's views on bitcoin, as well as his work on the Euro. Enjoyed this episode? You can take part in podcast seminars, access Saifedean’s courses and read chapters of his forthcoming books by becoming a Saifedean.com member. Find out more here.THE BITCOIN STANDARD TOOLKIT/SPONSORSNYDIG - https://nydig.comCyphersafe - https://cyphersafe.io/ OKCoin - https://okcoin.com/Nodl - https://www.nodl.it/Coldcard - https://coldcardwallet.com/CoinBits App - https://coinbitsapp.com/

In this week's seminar we discuss reddit's attack on hedge funds by buying Gamestop stock. How the analysis of hard money in The Bitcoin Standard can help us understand why these short-squeezes will be self-defeating everywhere except with bitcoin, because of its unique Number Go Up technology. We also discuss deflation, monarchy, and more fun! Enjoyed this episode? You can take part in podcast seminars, access Saifedean’s courses and read chapters of his forthcoming books by becoming a Saifedean.com member. Find out more here.THE BITCOIN STANDARD TOOLKIT/SPONSORSNYDIG - https://nydig.comCyphersafe - https://cyphersafe.io/ OKCoin - https://okcoin.com/Nodl - https://www.nodl.it/Coldcard - https://coldcardwallet.com/CoinBits App - https://coinbitsapp.com/

We are joined by Austrian-school economist Per Bylund to discuss entrepreneurship as studied in the Austrian school tradition, and how and why the treatment of this topic differs from mainstream schools of thought. Per is a Fellow of the Mises Institute and Assistant Professor of Entrepreneurship & Records-Johnston Professor of Free Enterprise in the School of Entrepreneurship in the Spears School of Business at Oklahoma State University. Enjoyed this episode? You can take part in podcast seminars, access Saifedean’s courses and read chapters of his forthcoming books by becoming a Saifedean.com member. Find out more here.THE BITCOIN STANDARD TOOLKIT/SPONSORSNYDIG - https://nydig.comCyphersafe - https://cyphersafe.io/ OKCoin - https://okcoin.com/Nodl - https://www.nodl.it/Coldcard - https://coldcardwallet.com/CoinBits App - https://coinbitsapp.com/

Stephan is a patent autorney and Libertarian scholar, from whom I’ve learned a lot over the years. Although he is not an economist, he has made a very important contribution to economics by providing the best alaboration of the case against intellectual property.I highly recommend his paper “Against Intellectual Property”, which I taught in my ECO12 class. Jed Grant is CEO of KYC3.com and founder of OpenCryptoAlliance, which is attempting to help fight patent trolls in the bitcoin space. We discussed the nature of patents and the threat they pose for bitcoiners and bitcoin companies, and how they attempt to fix it.Links mentioned in the seminar:The Overwhelming Empirical Case Against Patent and Copyright Legal Scholars: Thumbs Down on Patent and Copyright Tabarrok: Patent Policy on the Back of a Napkin AskProfWolff: Patents and Copyrights: A Socialist Approach What would a blockchain patent war look like? A Patent War is Coming… Alibaba on Track to Be the Largest Blockchain Patent Holder by End of 2020: Study The Current State of Blockchain Patents The Fight against Intellectual Property Boldrin and Levine: The Case Against Patents Economic and Game Theory Against Intellectual Monopoly Lotnet – Prevent unwanted litigation while preserving the use of your patents Do Business Without Intellectual Property Defensive Patent Publishing Enjoyed this episode? You can take part in podcast seminars, access Saifedean’s courses and read chapters of his forthcoming books by becoming a Saifedean.com member. Find out more here.THE BITCOIN STANDARD TOOLKIT/SPONSORSNYDIG - https://nydig.comCyphersafe - https://cyphersafe.io/ OKCoin - https://okcoin.com/Nodl - https://www.nodl.it/Coldcard - https://coldcardwallet.com/CoinBits App - https://coinbitsapp.com/

Saifedean discusses chapters 3 and 4 of The Fiat Standard with subscribers. These foundational chapters explain how the fiat system functions with analogy to Bitcoin, studying central banks as nodes and examining their core functions, explaining how lending in fiat is the equivalent of mining in bitcoin, how it translates to supply issuance, and how to understand price inflation in fiat. Join saifedean.com to receive new chapters as they're written, before publication! Enjoyed this episode? You can take part in podcast seminars, access Saifedean’s courses and read chapters of his forthcoming books by becoming a Saifedean.com member. Find out more here.THE BITCOIN STANDARD TOOLKIT/SPONSORSNYDIG - https://nydig.comCyphersafe - https://cyphersafe.io/ OKCoin - https://okcoin.com/Nodl - https://www.nodl.it/Coldcard - https://coldcardwallet.com/CoinBits App - https://coinbitsapp.com/

In this seminar we are joined by Preston Pysh, an investor and podcaster who has produced excellent thought-provoking research on bitcoin. We discuss Preston's journey from value investor to bitcoiner, and how he bridges his Warren Buffet background with being a bitcoiner. We also discuss his fascinating mental model for thinking about bitcoin bull runs, and whether this bull run will be similar to previous ones in being followed by a big crash, or if this time will be different. Enjoyed this episode? You can take part in podcast seminars, access Saifedean’s courses and read chapters of his forthcoming books by becoming a Saifedean.com member. Find out more here.THE BITCOIN STANDARD TOOLKIT/SPONSORSNYDIG - https://nydig.comCyphersafe - https://cyphersafe.io/ OKCoin - https://okcoin.com/Nodl - https://www.nodl.it/Coldcard - https://coldcardwallet.com/CoinBits App - https://coinbitsapp.com/

Description: Discussion of the economics of time, based on chapter 3 in Saifedean's forthcoming textbook, Principles of Economics. Why is time the ultimate resource, and how does money affect time preference. Enjoyed this episode? You can take part in podcast seminars, access Saifedean’s courses and read chapters of his forthcoming books by becoming a Saifedean.com member. Find out more here.THE BITCOIN STANDARD TOOLKIT/SPONSORSNYDIG - https://nydig.comCyphersafe - https://cyphersafe.io/ OKCoin - https://okcoin.com/Nodl - https://www.nodl.it/Coldcard - https://coldcardwallet.com/CoinBits App - https://coinbitsapp.com/

In today's seminar, we discuss why bitcoin's price matters, what bitcoin skeptics get wrong about it, and what it means to the success of the network. We also discuss the US Office of the Comptroller of the Currency's new guidance allowing banks to use public blockchains as settlement infrastructure, and how it agrees with The Bitcoin Standard's thesis. Enjoyed this episode? You can take part in podcast seminars, access Saifedean’s courses and read chapters of his forthcoming books by becoming a Saifedean.com member. Find out more here.THE BITCOIN STANDARD TOOLKIT/SPONSORSNYDIG - https://nydig.comCyphersafe - https://cyphersafe.io/ OKCoin - https://okcoin.com/Nodl - https://www.nodl.it/Coldcard - https://coldcardwallet.com/CoinBits App - https://coinbitsapp.com/

Thomas Semaan is an ex-student of Saifedean who has been active in the Lebanese bitcoin scene. He joins us to tell us about the Lebanese fiat crisis, how bitcoin has helped him and other bitcoiners, and compare its effectiveness to political activism and delusions of reform.Bitcoin Du Liban website and TG group.Thomas's blog. Enjoyed this episode? You can take part in podcast seminars, access Saifedean’s courses and read chapters of his forthcoming books by becoming a Saifedean.com member. Find out more here.THE BITCOIN STANDARD TOOLKIT/SPONSORSNYDIG - https://nydig.comCyphersafe - https://cyphersafe.io/ OKCoin - https://okcoin.com/Nodl - https://www.nodl.it/Coldcard - https://coldcardwallet.com/CoinBits App - https://coinbitsapp.com/