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The Natural State with Dr. Anthony Gustin

149: Dr. Saifedean Ammous - Cryptocurrency, The History of Money, Addressing Bitcoin’s Energy Usage, and More

The Natural State with Dr. Anthony Gustin

Dr. Anthony Gustin

Regenerativefarming, Regenerative, Lowcarb, Nutrition, Fitness, Holisticnutrition, Ketogenic, Keto, Meat, Intermittentfasting, Health, Healing, Ketosis, Weightloss, Carnivore, Ketogenicdiet, Hormones, Health & Fitness, Sauna

4.72.8K Ratings

🗓️ 24 June 2022

⏱️ 51 minutes

🧾️ Download transcript

Summary

In this episode, Dr. Saifedean Ammous and Dr. Anthony Gustin discuss the history of money, using gold and other metals as currency, cryptocurrency, hyperinflation, dispelling a big criticism of Bitcoin, what the future holds, and more.

Dr. Ammous, a carnivore for several years, also ties the conversation back to health so it’s not completely missing from this episode that’s not as health-focused as the podcast usually is.

If you don’t know Dr. Saifedean Ammous’ work, he’s authored two books, The Bitcoin Standard: The Decentralized Alternative to Central Banking and The Fiat Solution.

He also holds a PhD in Sustainable Development from Columbia University, an MSc in Development Management from the London School of Economics, and a Bachelor of Engineering degree from the American University of Beirut.

When you tune into this episode, you’ll hear about these topics:

  • How crypto currency gives people hope
  • Principles from Saifedean’s book, The Bitcoin Standard
  • A brief history of money and how we got to this point
  • What we’ve learned from using gold and other metals as currency
  • Easy versus hard money examples
  • What was the incentive to come up with separate currencies?
  • What are the long-term implications of all this?
  • What hyperinflation can lead to
  • What makes Bitcoin different from gold or the US dollar?
  • How is crypto currency possible now and why wasn’t it around sooner?
  • What about the biggest criticism of Bitcoin -- that it uses incredible amounts of energy?

Resources mentioned in this episode:

Transcript

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0:00.0

Hello and welcome to the Natural State podcast. I am your host Dr. Anthony Guston. It is

0:10.2

my belief that the natural state of any living organism's health and that our artificial

0:14.5

habitat has forced us into having artificial health problems. This show is my attempt to

0:18.7

dive deep and learn about using nutrition, sleep, movement, relationships and more to help

0:23.8

you reclaim your natural state of health in a modern world and show you how to thrive

0:27.8

in an environment that's stacked against you. If you enjoyed today's show, you can find

0:31.3

out more details and information at Dr. Anthony Guston.com.

0:35.7

All right, let's welcome Safedin and Moss to the podcast today. Safedin wrote a book called

0:42.0

The Bitcoin Standard and so we deviate a little bit from the general health exploration

0:47.6

on the show today to talk about cryptocurrency. I've gotten so many questions for people

0:51.2

what my stance is and while this was recorded in the fall of last year where Bitcoin was

0:56.4

a double the price it is now, it's interesting that a lot of the things that Safedin talks

1:00.0

about here still apply and it's interesting about how he thinks in what he cares about

1:05.0

as well is that he thinks that food security is going to go under siege over the next,

1:08.9

I don't know how along, but it's important for him to be able to use these type of currencies

1:13.5

to get sovereignty for people, especially in areas like food security. So we tie it back

1:18.1

still into some health stuff and just go deep into why he thinks that this is such an

1:22.7

important technology and why other cryptocurrencies may or may not be worth holding. So if you

1:28.6

are interested, if you're hurting about Web 3, D5, we don't really go into those things,

1:32.2

but this is about a little bit more specific to Bitcoin. So tune into this one and I hope

1:35.9

you guys can learn some stuff and hopefully we've simplified it if you knew to Bitcoin

1:41.6

or cryptocurrency. This will be a great overview and if you're not, well probably not to

...

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