Chaka

Is humanity running out of resources, or are resources more abundant than ever? Gale Pooley is the co-author of Superabdundance, a fascinating and optimistic exploration of how economic progress has made life better for humanity. He joins us to explain why goods continue to become more abundant, why fears of overpopulation and resource depletion continue to be refuted forcefully by reality, and why human time keeps getting more valuable. We discuss the work of one of our favorite economists, Julian Simon, and how he brilliantly refuted the common view of resource scarcity, and reframed scarcity as the scarcity of human time. We also explore how inflation reverses economic progress, and how much better life would be without it, and conclude with a discussion of bitcoin's potential. Enjoyed this episode? You can take part in podcast seminars, access Saifedean’s courses – including his ongoing course ECO22: The Fiat Standard – and read chapters of his forthcoming book, Principles of Economics, by becoming a Saifedean.com member. Find out more here.

"If your money requires permission to be spent, it is not your money. If your money has counterparty risk, it is not money—but credit. If your money steals from you, it is not your money—but a control and financing mechanism of your government. If your money requires identity, it is not money but a social credit score system." - Dergigi Today we dive into a short but excellent piece by Gigi in his new collection of recent articles and works around his new book, 21 Ways. Don't miss the original 21 Lessons that you can find on Audible, and on gigi's website. And the tons of further rabbit hole journey available in the links throughout this article found at the link below: https://dergigi.com/2022/12/02/bitcoin-is-the-rediscovery-of-money/ Other episodes referenced in today's show that are definite listens if you haven't heard them yet, and also important listens if you haven't heard them recently: Guy's Take #60 - Digital Money: https://fountain.fm/episode/10745176396 Read_660 - Bitcoin is Digital Scarcity: https://fountain.fm/episode/10581911734 Read_634 - The Words we Use in Bitcoin: https://fountain.fm/episode/8877233760 Read_537 - Bitcoin is An Idea: https://fountain.fm/episode/2863665913 Read_122 - "The Yield From Money Held" Reconsidered: https://fountain.fm/episode/298987009 Don't forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 10% off everything in the store until Christmas! (https://guyswann.com/coldcard) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 5,000 FREE SATS at (https://guyswann.com/fold) • The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) -------------------------------------- “The basic causes of change are precisely those that are not subject to conscious control.”   ― James Dale Davidson, The Sovereign Individual Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"The “generosity” of the West enabled unaccountable leaders to plunge their nations into debt deeper than ever before. The system was, as Payer writes in “Lent And Lost,” a straightforward Ponzi scheme: the new loans went straight to paying for the old loans. The system needed to grow to avoid collapse." - Alex Gladstein WERE BACK! We've got a bit of a lengthy introduction today while I mostly apologize and ramble about why I missed more than a weeks worth of episodes, but we are getting back into it with a huge backlog of amazing reads I have been eager to dive into over the holidays! To start us off we are going to conclude the incredible novel, I mean article, by Alex Gladstein on the IMF and World Bank's exploitation of the third world. We are jumping right into the middle of it, so don't forget to listen to Part 1, 2, & 3 if you haven't yet, otherwise this will be confusing, lol: Part 1: https://fountain.fm/episode/11987932208 Part 2: https://fountain.fm/episode/12038350484 Part 3: https://fountain.fm/episode/12147135095 To explore the ColdCard hardware wallet and the many amazing additional features and uses it has I highly recommend BTCsessions youtube channel here: Mentioned in the show for further exploring how our monetary practices strip the US of its manufacturing & productive base, here is Farrington's "Capital Strip Mine": https://fountain.fm/episode/1798299217 Don't forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 10% off everything in the store until Christmas! (https://guyswann.com/coldcard) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 5,000 FREE SATS at (https://guyswann.com/fold) • The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) -------------------------------------- "I, However place economy among the first and most important of virtues, and public debt as the greatest of the dangers to be feared." – Thomas Jefferson Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Far from playing the role of good samaritan, the Fund does not even follow the timeless human tradition, established more than 4,000 years ago by Hammurabi in ancient Babylon, of forgiving interest after natural disasters. In 1985, a devastating earthquake hit Mexico City, killing more than 5,000 people and causing $5 billion of damage. Fund staff — who claim to be saviors, helping to end poverty and save countries in crisis — arrived a few days later, demanding to be repaid." - Alex Gladstein If you aren't pissed off yet with Parts 1 & 2, this section is surely to push you over the edge. Spoiler alert, the IMF and World Bank are massive rackets that are purposefully destroying the productive independence and food security of poor nations to essentially enslave them in an obscure way, like any coward, through debt and monetary control, rather than openly through political domination. Listen to Part 3 to find out how. We are jumping right into the middle of it, so don't forget to listen to Part 1 and 2 if you haven't yet, otherwise this will be confusing, lol: Part 1: https://fountain.fm/episode/11987932208 Part 2: https://fountain.fm/episode/12038350484 Mentioned in the show for further exploring how our monetary practices strip the US of its manufacturing & productive base, here is Farrington's "Capital Strip Mine": https://fountain.fm/episode/1798299217 Don't forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 10% off everything in the store until Christmas! (https://guyswann.com/coldcard) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 5,000 FREE SATS at (https://guyswann.com/fold) • The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) -------------------------------------- "A government big enough to give you everything you want, is strong enough to take everything you have" ― Thomas Jefferson Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

This episode contains most of the final lecture of The Fiat Standard online course, which just concluded, based on the last chapter of The Fiat Standard. After having studied the bitcoin and fiat monetary systems extensively in The Bitcoin Standard and The Fiat Standard, Saifedean analyzes how bitcoin can continue to rise in a fiat world. Can central banks adopt bitcoin? Will bitcoin lead to hyperinflation? Or will bitcoin be an orderly upgrade and debt jubilee, allowing us to unwind fiat painlessly as it devalues everyone's debts? Will bitcoin speculative attacks carry the day? And how do central bank digital currencies affect bitcoin's rise? Enjoyed this episode? You can take part in podcast seminars, access Saifedean’s courses – including his ongoing course ECO22: The Fiat Standard – and read chapters of his forthcoming book, Principles of Economics, by becoming a Saifedean.com member. Find out more here.

"To give an example of what this might look like in a given year, in 2012 developing countries received $1.3 trillion, including all income, aid and investment. But that same year, more than $3.3 trillion flowed out. In other words, according to anthropologist Jason Hickel, “developing countries sent $2 trillion more to the rest of the world than they received.” When all the flows were added up from 1960 to 2017, a grim truth emerged: $62 trillion was drained out of the developing world" - Alex Gladstein Today we continue through Gladstein's incredible exploration of the monetary damage and systems of monetary colonialism established through the parasitic practices of the IMF and World Bank. I promise its worse than you think it is, and at the end of this episode we will only be about halfway through it. Hold onto your butts, this gets crazy. Listen to Part 1 if you haven't yet, as we are jumping right into the middle of this read in today's show. Also I edited and fixed the missing Guy's Take from yesterday's show, so if you haven't, it might be a good addition to go back and revisit: https://fountain.fm/episode/11987932208 Mentioned in the show for further exploring how our monetary practices strip the US of its manufacturing & productive base, here is Farrington's "Capital Strip Mine": https://fountain.fm/episode/1798299217 Don't forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 10% off everything in the store until Christmas! (https://guyswann.com/coldcard) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 5,000 FREE SATS at (https://guyswann.com/fold) • The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) -------------------------------------- “It's easier to fool people than to convince them that they have been fooled.” ― Mark Twain Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"A 2014 analysis showed that the IMF had attached, on average, 20 conditions to each loan it gave out in the previous two years, a historic increase. Countries like Jamaica, Greece and Cyprus have borrowed in recent years with an average of 35 conditions each. It is worth noting that Bank and Fund conditions have never included protections on free speech or human rights, or restrictions on military spending or police violence." - Alex Gladstein Today we dive into the first part of another incredible exploration of the corruption and monetary manipulation engaged in by the IMF and World Bank, how they strip poor nations of their resources, and paint themselves altruistic for doing so. This is an in depth and incredible work that you will not want to miss. \ Boost Bitcoin Audible on Fountain (and stick it to those Linux weirdos) to get the best Bitcoin podcast to the top of the leaderboards 😘 Drop you comment in with your boost if you have feedback for the show or want to tell me how wrong I am. Don't forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 10% off everything in the store until Christmas! (https://guyswann.com/coldcard) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 5,000 FREE SATS at (https://guyswann.com/fold) • The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) -------------------------------------- “It is easy to be conspicuously ‘compassionate’ if others are being forced to pay the cost.” – Murray Rothbard Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

There are about a million claims out there as to what blockchains are going to fix, and how NFTs are going to be used to unlock your house, and how DAOs will be used to enforce and decide laws, but what truth is there to this really? And more importantly, does a blockchain really solve these problems? What are the inherent trust issues, and where are the vulnerabilities? Today we dive into this concept and cover many of the most touted "use cases" for blockchain and talk about what could be needed to solve them, and whether blockchain is just a square peg for a round hole. Mentioned in the episode are two highly recommended reads for further digging and to understand more precisely some of the ideas behind Guy's Take in today's show: Green Eggs and Ham: Part 1 - https://open.spotify.com/episode/2Zf1kcS8lnrgiaMBKcs2BQ?si=ed8dd3bf43dd499b Part 2 - https://open.spotify.com/episode/72tyuRteYqjFJFukixhZU1?si=499235400b854bc9 Bitcoin is the Great Definancialization: https://open.spotify.com/episode/30ZOqjCG1XL5ySSeEg1lBz?si=a03ba06d8d854fd6 Boost Bitcoin Audible on Fountain (and stick it to those Linux weirdos) to get the best Bitcoin podcast to the top of the leaderboards 😘 Drop you comment in with your boost if you have feedback for the show or want to tell me how wrong I am. Don't forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 10% off everything in the store until Christmas! (guyswann.com/coldcard) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 5,000 FREE SATS at (guyswann.com/fold) • The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (swanbitcoin.com/guy) Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Today's guest is Matt Hill, co-founder and CEO of Start9 Labs, a leading pioneer in what he calls ‘Sovereign Computing.’ In today’s world, many have become accustomed to using third-party platforms to interact online, host their data, and much else, but as the saying goes, ‘the cloud is just someone else’s computer.’ As a result of this, there is no true privacy, anyone can be censored, and data honeypots exist everywhere for dishonest or malicious actors to exploit. Matt and his team are determined to reverse this concerning trend, by making it easy and affordable to run a personal private server, allowing any individual to take back control of their data, opt-out of corporate and state surveillance, and engage in their digital lives in a manner that is private, secure, and censorship-free. --- Follow Matt: Twitter: @_MattHill_ Website: start9.com Follow John & Seetee: Twitter: @johnkvallis & @Seetee_io Website: seetee.io Use Podcasting 2.0: Breez.Technology Fountain.FM NewPodcastingApps.com Value4Value.info

Join Marty as he sits down with Pascal Najadi to discuss bringing criminal charges against a member of the Swiss government for damage done by vaccine mandates. They also dive into the vaccine's connection to the WEF's desire for control and the importance of finding peace in Ukraine. 5:54 - Criminal charges against member of Swiss government 12:35 - Damages from vaccination 16:35 - German military confirms jab worsens health 18:51 - Connection to WEF and Davos 22:57 - The state of Switzerland 27:38 - Opinion on Bitcoin 34:06 - Pascal's history 37:20 - African governments 40:28 - Christine Lagarde 42:05 - Ukraine 49:42 - What happens next in finance 54:40 - Jab is about control 1:00:54 - Call to action Shoutout to our sponsors: Unchained Capital Braiins CrowdHealth TFTC Merch is Available: Shop Now Join the TFTC Movement: Main YT Channel Clips YT Channel Website Twitter Instagram Follow Marty Bent: Twitter Newsletter Podcast

"One counterargument might be that the de facto state capture of Ethereum in gradually becoming more and more OFAC compliant could, at the same time, be said to give it practical grounds to become more accepted as money via state enforcement, and more transparent than fiat currencies in traditional finance also. However, the cost is, once again, explicitly the loss of decentralization, so whatever kind of money it is, it is not decentralized and therefore cannot contribute to credibly decentralized finance." - Allen Farrington, & Anders Larson Today we dive into the first half of another amazing piece on understanding both the conceptual and technical limitations of decentralized finance, as well as trying to discern what the point of decentralized finance really is, and what it might look like when we see a sustainable & capital forming version of it come to be. Let's dive in! Check out the original with tons of footnotes and links for digging further and verifying the claims and data shared in the piece: https://www.uncerto.com/green-eggs-and-ham Boost Bitcoin Audible on Fountain to get the best Bitcoin podcast to the top of the leaderboards 😘 Don't forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 10% off everything in the store until Christmas! (guyswann.com/coldcard) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 5,000 FREE SATS at (guyswann.com/fold) • The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (swanbitcoin.com/guy) ---------------------------- “money that is easy to produce is no money at all, and easy money does not make a society richer; on the contrary, it makes it poorer by placing all its hard‐earned wealth for sale in exchange for something easy to produce.” ― Saifedean Ammous Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"A bitcoin full node is a certainty machine. When a user runs a full node, they are granted a level of certainty about a monetary network that no human had prior to bitcoin’s existence. Every other monetary technology is riddled with uncertainties. Bitcoin fixes this." - Micheal Goldstein Bitstein is back with another banger of a piece. Toward a Node World Order! Another from the Bitcoin Times publication with an absolute ton of other great writing and a full print magazine to check out. So many of their pieces are available in audio here on Bitcoin Audible if you haven't heard them yet. @Bitstein brings us an argument of how Bitcoin reinforces human flourishing, undermines the ideology of the state, and reveals the truth of a world of individuals, obscured by the false abstractions of our institutions and ideology. And it does so, through the banishment of monetary uncertainty. Check out this and tons of other work at The Bitcoin Times: https://bitcointimes.com.au/toward-a-node-world-order/ Bitcoin is Digital Scarcity: https://open.spotify.com/episode/2jWaeOqWU8m9g5QovJqkEh?si=8b7f8d27fcd04034 Boost Bitcoin Audible on Fountain to get the best Bitcoin podcast to the top of the leaderboards 😘 Don't forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 10% off everything in the store until Christmas! (guyswann.com/coldcard) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 5,000 FREE SATS at (guyswann.com/fold) • The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (swanbitcoin.com/guy) ---------------------------- “It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” ― Henry Ford Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Mary Bent and Mike Krieger join Whitney to unravel the network behind the meteoric rise of Sam Bankman-Fried and FTX and what was actually going on at the company. The discussion goes far beyond the obvious fraud at FTX and looks at the networks that brought Bankman-Fried to power and were using him as a front for a dangerous agenda. Originally published 11/22/22. Show notes Follow Guests: Marty Bent on Twitter Michael Krieger on Twitter Get early access to podcasts by becoming an Unlimited Hangout member. Find previous episodes on all podcast platforms. Order Whitney’s book One Nation Under Blackmail.  Sign up for the weekly newsletter to receive updates on the book, new articles, podcasts, and interviews.

"I will start with the conclusion: my piece failed. Nothing has changed. DeFi-driven blowups have continued. Therefore, in the strongest possible terms, I repeat, with humility: do not invest in non-Bitcoin crypto. Do not invest in non-Bitcoin DeFi. This is why NYDIG is a bitcoin company. Always has been, always will be." - Ross Stevens Today we take a short dive down the FTX and Alameda rabbit hole with an article put out from NYDIG and Stone Ridge that prefaces the situation with a call to action for those in the space, and then is followed by a breakdown of the events and what we know so far from Greg Cipolaro. If you are wondering what has been going on in crypto, this is a good place to start. Check out the mentioned article below written 6 months ago on the risks and potential failures of crypto and Defi with the incredible piece co-authored by Ross Stevens, Nic Carter, & Allen Farrington: https://nydig.com/on-impossible-things-before-breakfast Check out the original shareholder letter at the link below: https://nydig.com/research/through-the-looking-glass-the-ftx-and-alameda-saga Dont forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 5% off everything in the store! (guyswann.com/coldcard) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 5,000 FREE SATS at (guyswann.com/fold) • The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (swanbitcoin.com/guy) ---------------------------- “It is always from a minority acting in ways different from what the majority would prescribe that the majority in the end learns to do better.” - F.A. Hayek Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"One might ask: if much of the U.K. pension money was about to vanish, where was it going? Partly to the bankers, of course, but mostly, as with any bubble, the value was simply illusory. In 2001, Argentina forced private pension funds to purchase $2.3 billion in government bonds so that the government could meet external debt Payments. The following day, the funds listed the bonds as an asset, but the value was already gone (Argentina would later confiscate the whole pension system officially). Western countries have done effectively the same thing, only with much more subtlety, without even the players knowing. The pension capital is gone, spent, consumed by the state, all that remains is the realization that it is gone." - Daniel Oliver, Myrmikan Capital Check out the original paper with some very eye opening charts to super charge the point made in this excellent work. Plus don't forget to explore more from Myrmikan Research if this work is any indication of the work they publish: https://www.myrmikan.com/pub/Myrmikan_Research_2022_10_18.pdf Check out our amazing sponsors and the products that Guy uses most in the space: • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 5,000 FREE SATS at (guyswann.com/fold) • Join us and the Swan Bitcoin team at the Pacific Bitcoin Conference in November! Get your tickets now, 20% off with code BITCOINAUDIBLE (https://www.pacificbitcoin.com/) • The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (swanbitcoin.com/guy) • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 5% off everything in the store! (guyswann.com/coldcard) Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Join me today for Episode 632 of Bitcoin And . . . Topics for today: - Brian Armstrong tanks Coinbase stock - Catholic nuns understand #BTC - The Cassandra Curse and you - EU Sanctions on Russia - Cameron bails on Gemini Europe #Bitcoin #BitcoinAnd $BTC You can find me at My Tippin.me page: tippin.me/@GhostOfNunya Instagram: Bitcoin_And Mastodon: @NunyaBidness@bitcoinhackers.org Facebook: @bitcoinAnd Music by: Flutey Funk Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License creativecommons.org/licenses/by/3.0/

This episode's guest is Abubakar Nur Khalil, a contributor to bitcoin core and co-founder of Qala, a non-profit focused on training the next generation of bitcoin and lightning developers in Africa. He is also the CEO of Recursive Capital, a venture capital fund focused on funding African bitcoin startups. Finally, Abubakar is a founding member of B Trust, a non-profit funded by Jack Dorsey and Jay-Z, with the stated purpose of supporting the people and initiatives working to decentralize bitcoin development further. Though still relatively young, Abubakar's accomplishments in the bitcoin space are substantial. His curiosity, dedication, and humility with which he approaches life shine through in his work and this discussion. --- Follow Abubakar: Twitter: @ihate1999 Website: rcrsv.xyz Follow John & Seetee: Twitter: @johnkvallis & @Seetee_io Website: seetee.io Use Podcasting 2.0: Breez.Technology Fountain.FM NewPodcastingApps.com Value4Value.io

Today we explore a highly earned Guy's Take for Dergigi's "Bitcoin is Digital Scarcity" as well as using a core part of his framing to make sense of a few fundamental ideas behind Bitcoin. Recently as well I continue to run into the question, what is Bitcoin backed by? And I think this misses the entire point of why our virtual monies today need to be "backed" by something else, and why Bitcoin is different. So let's dive in... Don't forget to check out the episodes and reads mentioned in this Guy's Take at the links below: Dergigi's "Bitcoin is Digital Scarcity" Trent's "Five Examples of Bitcoin's Real World Utility" Nick Szabo's "Shelling Out - The Origins of Money" Check out our amazing sponsors and the products that Guy uses most in the space: • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 5,000 FREE SATS at (guyswann.com/fold) • COME HANG OUT! Join us and the Swan Bitcoin team at the Pacific Bitcoin Conference in November! Get your tickets now, 10% off with code BITOCINAUDIBLE (https://www.pacificbitcoin.com/) • The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (swanbitcoin.com/guy) • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 5% off everything in the store! (guyswann.com/coldcard) Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

What is praxeology and why does it matter? In this episode, Conza, chairman of the Libertarian Party of Australia, joins us to discuss the theoretical foundations of economics. He explains why praxeology – the science of human action – provides the value-free framework needed to reason about economic questions, and how its method differs from that of physical sciences such as biology. He and Saifedean discuss how praxeology can be used to analyse topics such as minimum wage, inflation and pandemics, and why the contrasting methods used by quantitative macroeconomists are flawed. They also defend Hoppe's argumentation ethics: a proof that arguing against the Non-Aggression Principle is logically incoherent.ReferencesConza on Twitter.Conza’s blog (where all the best economics quotes live).Conza’s YouTube channel.Website of the Austrian Mises Seminar.Mises Wiki article on Mises’ Regression TheoremBBC video on minimum wage being ‘a hurdle’ for disabled people.Theory and History by Ludwig von MisesKonrad Graf’s paper on Action-based Jurisprudence (see page 29 for Graf’s proposed model of praxeology).Konrad Graf’s lectures on bitcoin.Economic Science and the Austrian Method by Hans-Hermann Hoppe.The Beef Initiative website.For a biography of the life of John Maynard Keynes see Keynes the Man by Murray Rothbard.Website of the Australian Mises Seminar.Website of the Libertarian Party of Australia.The Praxeological Science Group on Facebook.The Law by Frédéric BastiatFor a New Liberty by Murray RothbardThe Ethics of Liberty by Hans Hermann HoppeHans Herman Hoppe’s Four-Step Healthcare Solution.Saifedean’s first book, The Bitcoin Standard.Saifedean’s second book, The Fiat Standard. Enjoyed this episode? You can take part in podcast seminars, access Saifedean’s courses – including his ongoing course ECO22: The Fiat Standard – and read chapters of his forthcoming book, Principles of Economics, by becoming a Saifedean.com member. Find out more here.