Move Your Wealth to Bitcoin Standard NOW | @saifedean Ammous

Live From Bitcoin Beach - El Salvador
Live From Bitcoin Beach - El Salvador
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Published 2024-05-18
Live from Bitcoin Beach in El Zonte, El Salvador, in this episode, we dive deep into the transformative potential of Bitcoin as a superior form of money, perfectly aligned with modern technological advancements.

Join me as I sit down with renowned economist ‪@saifedean‬ Ammous, author of "The Bitcoin Standard," to explore how Bitcoin's hard money principles such as its capped supply and difficulty adjustment mechanism are pivotal for economic stability and future-oriented financial planning.

Saifedean shares his expert insights on why Bitcoin, with its robust technological framework and predictable monetary policy, represents not just an evolution, but a necessary revolution in our financial systems. We discuss the societal impacts of Bitcoin adoption, its implications for global economies, and how countries like El Salvador are pioneering this journey towards a more stable and prosperous financial future.

Learn why embracing Bitcoin could fundamentally change our approach to saving, spending, and investing, making it essential for aligning our economic practices with the technological landscape of the 21st century. Discover the economic implications of adopting Bitcoin and how its principles of scarcity and decentralization could serve as the cornerstone of a new financial paradigm.

Tune in to understand how Bitcoin is setting the standard for what money should be in a digital age—durable, portable, divisible, and resistant to censorship.

- Mike

Support and follow Bitcoin Beach:
twitter.com/Bitcoinbeach
www.instagram.com/bitcoinbeach_sv/
www.tiktok.com/@livefrombitcoinbeach
Web: www.bitcoinbeach.com/

Connect with Saifedean:
Website: saifedean.com/
X: twitter.com/saifedean
IG: www.instagram.com/saifedean
YT:    / @saifedean  
Podcast: podcasts.apple.com/us/podcast/the-bitcoin-standard…


Browse through this quick guide to learn more about the episode:

00:00:00 - What Is the Impact of Fiat Money on the Economy?
00:01:08 - Why Is "The Bitcoin Standard" a Must-Read for Bitcoin Enthusiasts?
00:04:29 - What Was the Writing Process Behind "The Bitcoin Standard"?
00:10:26 - How Does Understanding Fiat Money Through Bitcoin Change Our Perspective?
00:17:03 - Why Does the Fiat System Force Individuals to Take More Risks?
00:19:26 - Why Have Interest Rates Been on a Downward Trend Historically?
00:22:51 - What Surprising Insights Emerged While Writing "The Bitcoin Standard"?
00:28:47 - What Are the Key Differences Between "The Bitcoin Standard" and "The Fiat Standard"?
00:32:10 - Can Bitcoin Eventually Replace Fiat Currencies?
00:36:55 - Why Is It Important to Balance Cash Balances Between Bitcoin and Fiat?
00:40:53 - What Role Does Bitcoin Play in Global Cash Balances?
00:41:29 - Can Bitcoin Lead to Wiser Consumer Behavior?
00:42:18 - What Are the Potential Paths for Countries to Adopt Bitcoin as Legal Tender?
00:47:01 - What Are the Economic Impacts of Bitcoin Adoption in El Salvador?
00:52:20 - Why Is the Practical Use of Bitcoin Important for Its Adoption as Better Money?
All Comments (21)
  • @keepitreal829
    He was good on Simon Dixons plan b retirement. After I listened to him I sold all my silver and transferred to Bitcoin
  • @juanromero1661
    It’s always great to listen to Saifedean speak about Bitcoin and money
  • @jairunet
    I am so honored and thankful to found Bitcoin and to continue learning from so many interesting Bitcoiners and their proof of work. Keep it up!
  • @Frank30642
    Your Own BitCoin is fundamentally Superior to Any E T F. 😗
  • @BradleyT2p2
    Bought The Bitcoin Standard at B&N last week.
  • @stevenoak5106
    Great interview. The Bitcoin Standard is one of the few Bitcoin books translated to Spanish: El Patrón Bitcoin. Unfortunately here in Ecuador most bookstores do not carry it.
  • @jksmithiii
    Included in the defn. of what a "store of value" is that the owner of that store can defend its ownership. If you own enough gold to bring you security, it will ultimately be manipulated out of your ownership, or will simply be taken by force. So the "sov" defn. of gold is already violated for the average retailer. BTC is ultimately far less risky than gold for me. I'm tired of hearing about gold or any physical asset that provides only the appearance of security, but is ultimately completely unsecure. Great installment with Saif.
  • @RyanZakMusic
    saifedean is like if yuval harari had integrity and a spine... and a soul