[{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/techiegamers.com\/saifedean-ammous\/#BlogPosting","mainEntityOfPage":"https:\/\/techiegamers.com\/saifedean-ammous\/","headline":"Saifedean Ammous &#8211; Bitcoin Advocate and Best-Selling Author","name":"Saifedean Ammous &#8211; Bitcoin Advocate and Best-Selling Author","description":"Economics expert, Saifedean Ammous, rose to fame after publishing The Bitcoin Standard. It&#8217;s an iconic book that explains the history of money and why Bitcoin is the best hard money around. Ammous is a best-selling author, professor and podcaster. Saifedean Ammous has an estimated net worth of $2 million. Saifedean&#8217;s Background Saifedean was born in","datePublished":"2023-05-18","dateModified":"2024-12-24","author":{"@type":"Person","@id":"https:\/\/techiegamers.com\/author\/patrick-maina\/#Person","name":"Patrick M. 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Then they also talk about how Bitcoin offers a solution to many of these issues and concerns.\n\nIN THIS EPISODE, YOU'LL LEARN:\n0:00:00 - Intro\n0:00:16 - What gave Saifedean the idea for the new book.\n0:04:24 - What are the four key elements of how the Fiat system works?\n0:11:29 - What surprised Saifedean the most about what value fiat brings to the existing economy.\n0:17:23- Inflation is a vector - what does that mean?\n0:23:22 - How has fiat corrupted the existing incentives in food, academia and other areas?\n0:37:51 - What is the shadow banking system?\n0:39:58 - What's the purpose of the IMF?\n0:56:43 - How does fiat mess with economic calculation?\n\n\u2714\ufe0f Subscribe to Bitcoin Fundamentals\/We Study Billionaires podcast show: https:\/\/open.spotify.com\/show\/28RHOkXkuHuotUrkCdvlOP\n\n\ud83d\udd8a\ufe0f Access our free show notes and transcript here: https:\/\/www.theinvestorspodcast.com\/bitcoin-fundamentals\/how-fiat-works-saifedean-ammous\/\n\n\u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4\n\nLISTEN \ud83c\udfa7 TO OTHER SHOWS FROM OUR NETWORK:\n\n\u20bf If you're interested in Bitcoin, checkout our Bitcoin Fundamentals podcast show: https:\/\/youtube.com\/playlist?list=PL_xlkwLDH1F8wOLjjwNCM5B1qFdrtTdTZ\n\n\ud83d\udcdaDive into value investing and learn more about billionaires with our We Study Billionaires podcast show: https:\/\/youtube.com\/playlist?list=PL_xlkwLDH1F9dDPFYGAHRbrWoToCe2uoU\n\n\ud83c\udfd8 Learn the ins and outs of real estate investing with our Real Estate 101 podcast show: https:\/\/youtube.com\/playlist?list=PL_xlkwLDH1F8Yw_8xO2nk-RD7fhb3yktn\n\n\ud83d\udcb8Get introduced to the world of investing with our Millennial Investing podcast show: https:\/\/youtube.com\/playlist?list=PL_xlkwLDH1F_p00VYv3psJ8rhDAGOvR5W\n\n\u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4\n\nFOLLOW US ON SOCIAL MEDIA\ud83d\udcf1:\n\n\ud83d\udcbb Facebook: https:\/\/www.facebook.com\/groups\/theinvestorspodcast\n\n\ud83d\udc54 Linkedin: https:\/\/www.linkedin.com\/company\/the-investor's-podcast\n\n\ud83d\udc26Twitter: https:\/\/twitter.com\/tip_network?lang=en\n\n\u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4\n\nDownload Stig & Preston's 1-page checklist for finding great stock picks: https:\/\/www.theinvestorspodcast.com\/form-youtube-checklist\/\n\n\u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4 \u23e4\nDISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor\u2019s Podcast Network. Written permission must be granted before syndication or rebroadcasting.","thumbnailUrl":["https:\/\/i.ytimg.com\/vi\/aD095I3q4hg\/default.jpg","https:\/\/i.ytimg.com\/vi\/aD095I3q4hg\/mqdefault.jpg","https:\/\/i.ytimg.com\/vi\/aD095I3q4hg\/hqdefault.jpg","https:\/\/i.ytimg.com\/vi\/aD095I3q4hg\/sddefault.jpg","https:\/\/i.ytimg.com\/vi\/aD095I3q4hg\/maxresdefault.jpg"],"uploadDate":"2021-12-23T01:45:00+00:00","duration":"PT1H10M9S","embedUrl":"https:\/\/www.youtube.com\/embed\/aD095I3q4hg","publisher":{"@type":"Organization","@id":"https:\/\/www.youtube.com\/channel\/UCPbMnGLeHscshhD7PAEnvbw#Organization","url":"https:\/\/www.youtube.com\/channel\/UCPbMnGLeHscshhD7PAEnvbw","name":"The Investor's Podcast Network","description":"Since 2014, we have been guiding investors and business people of all levels on how to grow financially and personally. 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