Premium Only Content
Bitcoin Fixes Capitalism | Allen Farrington x Peter McCormack
Allen Farrington is a writer and investor. He co-wrote Bitcoin is Venice and he’s a co-founder of Axiom, a Bitcoin-focused venture firm.
In this episode, we discuss the distortions caused by fiat money, the consequences of misallocated capital, and the philosophical underpinnings of a Bitcoin standard. We get into how these issues impact both individuals and economies, dissect the flaws of modern capitalism, and discuss how Bitcoin offers a path toward financial sovereignty and a more equitable economic future, as Allen provides a compelling case for why the current system is unsustainable and what can be done to change it.
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TIMESTAMPS:
00:00:00 - Introduction
00:00:50 - Housing Bubble
00:03:33 - What is Fiat Money?
00:07:40 - Explaining Bitcoin
00:12:01 - Yuppie Elite and Finance
00:20:00 - Thatcher-Era Policies
00:25:00 - Why You Can’t Save with Fiat Money
00:30:04 - Historical Context of Inflation
00:36:31 - Capitalism vs. Fiat
00:40:00 - Managed Decline of Society
00:47:20 - Unwinding the Credit Bubble
00:57:26 - How Central Banks Operate
01:14:10 - Capitalism Under the Gold Standard
01:23:17 - Bitcoin’s Impact on Credit Creation
01:37:00 - Personal Responsibility in Bitcoin
01:40:55 - Money for Grownups
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
EPISODE SPONSORS:
› IREN - https://www.iren.com/
› Ledger - https://www.ledger.com/
› Casa - https://casa.io/
› CheatCode - https://www.cheatcode.co.uk/
› Ledn - https://ledn.io/
› Xapo Bank - https://www.xapobank.com/
› River - https://river.com/
LISTEN / SUBSCRIBE TO THE PODCAST
› Apple Podcasts: https://apple.co/4gywexY
› Spotify: https://https://spoti.fi/3TspxDL
› Fountain: https://bit.ly/FountainMOB
› YouTube: https://bit.ly/YouTubeMOB
› Rumble: https://bit.ly/RumbleMOB
CONNECT WITH US
› Website - http://mrobnoxious.com
› Mr Obnoxious Podcast - https://www.mrobnoxious.com/episodes
› Instagram - https://bit.ly/InstaMOB
› x/Twitter - https://bit.ly/4gny04Z
› Email - studio@mrobnoxious.com
CONNECT WITH PETER
› Instagram - /mccormack555
› x/Twitter - https://x.com/petermccormack/
CONNECT WITH DANNY
› x/Twitter - https://x.com/_DannyKnowles/
FILMED AND EDITED BY CURTIS TAYLOR
https://www.curttaylor.co.uk/
https://x.com/curttayloruk/
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
#PeterMcCormack #MrObnoxiousPodcast
-
1:53:04
Mr Obnoxious
28 days agoPeter St Onge: Liberty, Central Banks, Sound Money & Free Speech | Peter McCormack Podcast
223 -
LIVE
NeoX5
2 hours agoDays Gone: Old Country Road - Part 3 [PC] | Rumble Gaming
194 watching -
LIVE
CAMELOT331
1 hour agoRide N' Die 24 Hour LAUNCH Ft Ethan Van Sciver, Cecil, ItsaGundam, That Star Wars Girl, Shane & MORE
260 watching -
12:53
DeVory Darkins
15 hours ago $2.15 earnedKamala Intoxicated Video Message to Staff Shocks Internet
4.09K28 -
3:23:26
Pardon My Take
6 hours agoSUPER MEGA THANKSGIVING PREVIEW, KIRK COUSINS WANTS TO BE IN WICKED 2 + PFT/HANK RIVARLY CONTINUES
1.86K1 -
UPCOMING
The Kevin Trudeau Show
2 hours agoWhat Women Do Wrong in Relationships (From a Man’s Perspective) | The Kevin Trudeau Show | Ep. 69
101 -
19:49
This Bahamian Gyal
13 hours agoFIRED after VENTING online about ELECTION results
2047 -
LIVE
REVRNDX
2 hours agoYOUR NEW FAVORITE RUMBLE STREAMER
97 watching -
1:04:41
Russell Brand
2 hours agoIs This the End? Climate Emergencies, Kamala’s Chaos & Political Meltdowns EXPOSED! – SF502
73.4K92 -
LIVE
The Charlie Kirk Show
2 hours agoThe Harris Team's Comical Post-Mortem + Trump the Peacemaker + AMA | Paxton, Greenwald | 11.27.24
7,521 watching