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Podcast: Unchained
Episode: Why Bitcoin Now: Saifedean Ammous on Why Bitcoin is the Most Advanced Form of Money
Description: Saifedean Ammous is an economist and the author of The Bitcoin Standard: The Decentralized Alternative to Central Banking, which has been translated into 20 languages. In this episode, he discusses: the basic tenets of Austrian economics and why it is the only school where Bitcoin is possible historical examples of currencies and how they lost their monetary value the stock-to-flow model and how Bitcoin fits into that model the three functions, or descriptive properties, of money and why Bitcoin fulfills these functions the concept of sound money the idea of time preference in economics and why he believes it...