Brian Harrington

Brian Harrington is an anomaly for any millennial-- the multi-hyphenate hipster is an entrepreneur, film producer, and actor.

The Bitcoin Standard | Saifedean Ammous

The Decentralized Alternative to Central Banking


Buy Bitcoin on Coinbase ($10 free when buying $100) HERE

Buy Bitcoin on Cash App ($5 free when sending to a friend) HERE

Earn Bitcoin with small tasks at Earn.com HERE

Trade Altcoins on Binance HERE

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But it’s mere existence is an insurance policy that will remind governments that the last object the establishment could control, namely, the currency, is no longer their monopoly. This gives us, the crowd, an insurance policy against an Orwellian future.
— Nassim Nicholas Taleb


Tags: Why is bitcoin valuable? How to buy bitcoin? Where to buy bitcoin? Is bitcoin a scam? What is the price of bitcoin? Is bitcoin a currency? Is bitcoin better than gold? What is bitcoin? How to spend bitcoin? Is bitcoin better than ethereum? Is bitcoin better than ripple? Is bitcoin better than litecoin? What is an altcoin?

Buy Bitcoin on Coinbase ($10 free when buying $100) HERE

Buy Bitcoin on Cash App ($5 free when sending to a friend) HERE

Earn Bitcoin with small tasks at Earn.com HERE

Trade Altcoins on Binance HERE

Download Brave browser and get paid to view ads HERE



Follow Saifedean Ammous on Twitter or visit www.saifedean.com


Takeaways

- Bitcoin will stop government's ability to finance their operation through inflation and printing of more money. They will have to finance their operations through taxation and the people will hold them accountable.

- "The demand for Bitcoin stems from the need of individuals all over the world to carry out transactions that bypass political controls and to have an inflation-resistant store of value." P. 249

- Read the Reason Magazine review of The Bitcoin Standard HERE

- Read the Mises Institute post on the Cantillion Effect that describes the redistributive effect of money creation and how central banking creates inequality because the first ones to see the new money feel their incomes rise as the last one's to see it feel a loss of purchasing power HERE

- Read the Science News blog's story of the Rai stones used as currency on Yap island as Saifedean goes into in The Bitcoin Standard HERE

- Take the Mises Institute course on the Economics of Bitcoin HERE

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