Saifedean Ammous (@saifedean) / Twitter We are constantly moving to harder monies, were constantly accumulating more capital, were constantly investing more and increasing our productivity. Software Bugs 317. WebSaifedean Ammous is a world-renowned economist and author of The Fiat Standard: The Debt Slavery Alternative to Human Civilization, The Bitcoin Standard: The Decentralized Alternative to Central Banking and the forthcoming textbook Principles of Economics. This unfolding timeline is an excellent example of the entrepreneurial method at work. There is liberation in understanding that you are your own worst enemy and your own worst ally How so? His creation, The Bitcoin Standard, is published in 21 different languages with more than 800 Amazon reviews and is widely considered an essential book for understanding bitcoin economics. Soybean oil is industrial waste and these things have been repackaged and sold as food and theyve been combined with highly addictive sugary substances and highly addictive substances to make these very palatable foods that become highly addictive. Honestly you raise a valid point, I might consider taking free courses on it, Best is to Join Dr Saifedean Ammous online University @ saifedean.com , he is the author of book The Bitcoin Standard , best guy to teach about bitcoin , who taught this world same through his book. His How Much Saifedean Ammous Worth? He was an early investor in Bitcoin so its assumed he holds a big portion of his wealth in BTC. For instance, a lot of the cooking oils that people use today as a substitute for traditional animal fats, they are effectively industrial waste. He and his family relocated to Lebanon when he was an adolescent. Saifedean Ammous: Yeah, I think one of my favorite topics is food and I think in the 20th century, weve moved toward eating all of these substances that we think of as food and that are promoted by food, and that governments have subsidized and promoted heavily and told us to eat, but really, theyre not really healthy foods. The Bitcoin Standard : r/Bitcoin Where Does Saifedean Think Money Comes From? | AIER Ammous holds a Ph.D. in Sustainable Development from Columbia University. You are making trade-offs with your future self, Be conscious of this, it helps you make better decisions, you start considering the consequences in the short-run and the long-run. Could you explain the difference between hard and soft money? So, I found the perspective of the Austrian schools far more powerful and far more explanatory. So, you know, they want you to do that and so theyre going to cut you in on some of the profits of making that bank. Benji Block: Well, thanks for doing that for me man. Further, everyone, according to Saif, is on the Federal Reserves payroll, or is somehow a beneficiary of its infinite credit line. Even the International Monetary Fund is not safe, which seems strange given that it runs its own unit-of-account currency (Special Drawing Rights).*. This raises the following question: Wheres the government benefit that it can so freely dispose of, all those infinite credit lines and fiat money that fuel the worlds stupidity? In his new book The Fiat Standard, its clear that Saifedean Ammous thinks all bad things come from the government. The other two can be read when users subscribe to Saifedeans membership. (Today I recommend The Bitcoin Standard, this book is the best and most important to understand Bitcoin.).

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