Dr. Saifedean Ammous Explains The Hidden Costs Of Fiat At Bitcoin 2022
Dr. Ammous, author of “The Bitcoin Standard,” explained how fiat has hidden costs and why Bitcoin represents the next generation of money.Detractors of Bitcoin often point to its costs — namely in the form of electricity used in proof-of-work mining and its perceived impact on the environment — as reasons for why it will never be a sustainable alternative to traditional fiat currency. These detractors often believe that Bitcoin is fundamentally unscalable, or more likely, come from the power structures that fiat currency has enabled, such as government or centralized financial....
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Author of fan favorite “The Bitcoin Standard” Saifedean Ammous discusses his new book “The Fiat Standard” and issues in the legacy system. The post Video: “The Fiat Standard” With Saifedean Ammous appeared first on Bitcoin Magazine.
Four days in inflation-ravaged Lebanon with "The Bitcoin Standard" author Dr. Saifedean Ammous.
Jordan Peterson’s journey into bitcoin is an interesting one for all intents and purposes. After talking with Dr. Saifedean Ammous, Peterson has now dug his heels deeper into the market. Dr. Saifedean Ammous is an author that is well-known in the crypto industry for his book titled “The Bitcoin Standard”. Following the success of this book, he had released another book titled “The Fiat Standard” as a follow-up to the first book. Peterson has grown a large following as an author, clinical psychologist, and podcast host. He regularly talks about finance-related topics on his podcast titled....
The best-selling author bought more bitcoin after learning “a lot” in his conversation with Saifedean Ammous.
The Big Sats Index reveals that a single McDonald's burger now costs less than 10,000 satoshis — cheaper than ever before. Gold may buy less and less Bitcoin (BTC) this year, but another measure of the cryptocurrency's strength has just hit a historic milestone.Data from on-chain analytics service Ecoinometrics shows that on March 17, the so-called Big Sats Index saw a United States McDonald's Big Mac cost less than 10,000 satoshis for the first time.Bitcoin vs. fiat: Hard to digestThe Big Sats Index measures how much a Big Mac costs based on the famous Big Mac Index from The Economist.....