Daniel Krawisz on Bitcoin and Austrian Economics Part 2

The Aaron Olson Podcast

Το περιεχόμενο παρέχεται από το Aaron Olson. Όλο το περιεχόμενο podcast, συμπεριλαμβανομένων των επεισοδίων, των γραφικών και των περιγραφών podcast, μεταφορτώνεται και παρέχεται απευθείας από τον Aaron Olson ή τον συνεργάτη της πλατφόρμας podcast. Εάν πιστεύετε ότι κάποιος χρησιμοποιεί το έργο σας που προστατεύεται από πνευματικά δικαιώματα χωρίς την άδειά σας, μπορείτε να ακολουθήσετε τη διαδικασία που περιγράφεται εδώ https://el.player.fm/legal.

4y ago 59:54

M4A•Αρχική οθόνη επεισοδίου

00:00:00.000 Daniel Krawisz https://twitter.com/danielkrawisz

00:00:51.045 People don't know the bottom line in bitcoin

00:01:59.657 The nature of success in bitcoin

00:02:38.457 Understanding economics is understanding success

00:03:54.667 Theory vs practice of success

00:04:34.721 Can we understand success by thinking about it?

00:05:33.429 Tradeoffs

00:07:59.852 Economics lets us look at trade-offs in an abstract way

00:08:11.536 Virtue ethics and economics https://plato.stanford.edu/entries/ethics-virtue/

00:09:24.508 Courage and bitcoin

00:10:36.808 Austrian economics professors lack courage

00:13:14.829 Peter Schiff doesn't understand money https://twitter.com/peterschiff

00:13:22.680 Austrians only think of money as gold

00:14:03.690 What does success mean in bitcoin?

00:14:58.492 How does an entrepreneur join the bitcoin economy

00:16:43.746 Price versus value https://www.google.com/amp/s/www.forbes.com/sites/forbesfinancecouncil/2018/01/04/the-important-differences-between-price-and-value/amp/

00:19:42.183 Value is what ultimately happens

00:25:58.918 When you invest in Bitcoin you get access to future entrepreneurs

00:26:39.453 Marginal utility https://en.m.wikipedia.org/wiki/Marginal_utility

00:28:17.484 Diamonds versus water paradox https://en.m.wikipedia.org/wiki/Paradox_of_value

00:30:57.532 Unique insights about marginal utility and Austrian economics

00:33:24.543 Readability of the Austrian school of economics

00:33:37.982 Mises https://youtu.be/QwqnRYPcrl0

00:33:39.507 Hayek https://youtu.be/GTQnarzmTOc

00:33:54.910 Is economics a science?

00:34:46.057 Karl popper https://en.m.wikipedia.org/wiki/Karl_Popper

00:35:28.934 People make choices that maximize their own benefit

00:39:25.162 Maximize benefit versus achieve girls

00:41:15.368 Thomas Szasz https://en.m.wikipedia.org/wiki/Thomas_Szasz

00:45:27.511 BTC price vs value

00:49:22.548 Subjectivity of various coins

00:50:07.547 Subjective enjoyment of BTC

00:51:24.213 Consumer good versus higher-order good

00:55:59.926 Does the Austrian school use circular reasoning?

00:59:28.595 Form next time: profits and the entrepreneur

00:59:40.327 Socialist calculation problem

--- Send in a voice message: https://podcasters.spotify.com/pod/show/aaronolson/message Support this podcast: https://podcasters.spotify.com/pod/show/aaronolson/support

136 επεισόδια

#Society #Free Thought