218 : Saifedean Ammous Explains The Bitcoin Standard
Invest Like a Boss
Sam Marks Johnny FD Derek Spartz
4.8 • 518 Ratings
🗓️ 24 February 2022
⏱️ 68 minutes
🧾️ Download transcript
Summary
Sam and Derek take a deep dive into Bitcoin as it pertains to use cases, perception, future growth, inflation and more. Sam interviews Saifedean Ammous, author of The Bitcoin Standard, who was once a critic of Bitcoin himself but now has seen the power of its capabilities. Saifedean expertly drops deep knowledge on all things Bitcoin and explains why it is a superior alternative to fiat currency.
Dr. Saifedean Ammous is the author of The Bitcoin Standard: The Decentralized Alternative to Central Banking, the best-selling groundbreaking study of the economics of bitcoin. The book was a pioneer in explaining bitcoin’s value proposition as the hardest money ever discovered, and the only working alternative to national central banks for international payments.
Dr. Ammous holds a PhD in Sustainable Development from Columbia University, where his doctoral thesis studied the economics of biofuels and alternative energy sources. He also holds an MSc in Development Management from the London School of Economics, and a Bachelor of Engineering from the American University of Beirut.
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Where we are:
- Johnny FD – Ukraine / IG @johnnyfdj
- Sam Marks – Barcelona / IG @imsammarks
- Derek Spartz – Venice Beach / IG @DerekRadio
Sponsor:
- Indeed
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Discussed:
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Time Stamp:
- 12:24 – How much additional research did you have to do to write “the Bitcoin Standard”?
- 14:03 – Were there any significant moments which may have shifted your thinking towards crypto currency?
- 19:22 – Is there any interest for governments to issue “sound” money?
- 22:17 – Are multiple countries required to revert to ”sound” money for it to be beneficial?
- 26:52 – Do you think the 14% supply growth rate is directly correlated to inflation?
- 32:05 – Does the US have concern for maintaining the USD as the primary reserve currency?
- 36:30 – What is the significance of countries accepting Bitcoin as a form of currency?
- 38:57 – Are there any trends which indicate Bitcoin is becoming more stable?
- 45:12 – How much BItcoin is “lost”?
- 45:59 – Patreon question: Do you think powerful governments will look to buying bitcoin?
- 47:21 – Patreon question : What kind of people have reached out to you about your book that surprised you?
- 48:55 – Patreon question : How did it feel to “orange pill” Jordan Peterson?
- 54:07 – Derek and Sam Review
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Transcript
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| 0:00.0 | What is up, bosses? Let me tell you about our sponsor this week. It is our friends over at |
| 0:05.9 | Indeed.com. Now, if you're ready to take your business to the next level, you need Indeed. |
| 0:13.4 | Indeed makes it easy to hire and build a team with the right skills to make your dreams a reality. |
| 0:19.5 | Indeed is the hiring partner where you can attract, interview, and hire all in one place. |
| 0:25.5 | In fact, they are the only job site where you're guaranteed to find quality applications |
| 0:29.5 | that meet your must-have requirements or else you don't pay a thing. |
| 0:33.8 | So instead of spending hours on multiple job sites, hoping to find candidates with the right |
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| 0:45.8 | tell you even more about Indeed during the break in the show, but we got a special offer for you. |
| 0:51.8 | If you head over to Indeed.com slash iLab, we'll get you set up with a |
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| 1:15.0 | during the break in the show. Terms and conditions apply. Need to hire. You need, |
| 1:19.9 | indeed. Welcome to the Invest Like a Boss podcast. I'm Sam Marks and I'm Johnny FD. We're |
| 1:25.5 | self-made entrepreneurs who invest our own money and use modern technology to invest |
| 1:28.8 | like a boss. |
| 1:29.6 | Join us each week for exclusive interviews with our network of modern investors, |
| 1:33.1 | business owners, and multimillionaires to discover new ways to invest our hard-earned cash. |
| 1:40.3 | What's our bosses? |
| 1:41.2 | Welcome back to Invest Like a Boss. |
| 1:43.8 | It is episode 2118 of the Invest like a Boss podcast. |
| 1:49.2 | I'm here in Los Angeles, fresh off the Super Bowl. I've never seen a city so packed for an event. |
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