The Centbee Show 55 - The Bitcoin Standard!

1 month ago
12

Debunking Bitcoin Myths: A Deep Dive into 'The Bitcoin Standard' by Saifedean Ammous

Join Kage and Lorien in this engaging episode as they dive deep into 'The Bitcoin Standard' by Saifedean Ammous. They examine the key themes of the book, discussing Ammous' perspective on Bitcoin as a new digital gold standard. The pair highlight the historical evolution of money, the transition from gold to fiat currencies, and the complexities of modern monetary systems.

They dissect Ammous' arguments on Bitcoin's suitability as a stable, non-inflationary currency compared to fiat systems, and scrutinise the misconceptions surrounding BTC. The conversation also touches on regulation, the Lightning Network, and the original vision of Bitcoin.

Whether you're a crypto novice or a seasoned enthusiast, this episode presents a critical look at Bitcoin literature and its implications for the future of digital currency.

Centbee: https://centbee.com
Lorien Gamaroff's Substack: https://gamaroff.substack.com
Lorien's TEDx talk: https://youtu.be/MSd1radfgcY
Lorien's Youtube channel: https://www.youtube.com/@Gamaroff
BSV Academy - https://www.youtube.com/watch?v=X0qJujkAGl0
BSV Association: https://www.bsvblockchain.org

Other BSV Channels on Youtube

https://www.youtube.com/@bsvbitcoin
https://www.youtube.com/@BSVsearch
https://www.youtube.com/@GavinMehl
https://www.youtube.com/@CoinGeek

Highlights

00:00 Introduction to the Bitcoin Standard
02:05 The Evolution of Money
09:05 The Gold Standard and Fiat Currency
12:32 Inflation and Its Consequences
17:24 Bitcoin as the New Gold Standard
23:05 Regulation and Decentralization
30:40 Understanding Currency Inflation
30:57 The Gold Standard and Bitcoin
32:26 Bitcoin's True Vision: Digital Cash
37:05 The Problem with High Fees and Lightning Network
45:36 The Risks of Centralized Bitcoin Storage
48:42 The Future of Bitcoin and BSV
52:19 Viewer Questions and Final Thoughts

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