Chapter
The Link Between Fiat Money and War
4:06:29 - 4:18:10 (11:41)
The emergence of fiat money has allowed people who have never experienced war, and never will, to make uninformed decisions about sending others to fight and die. This has allowed colonialist efforts to continue and the escalation of war around the world.
Clips
This podcast episode discusses the history behind the occupation of Palestine and how the rise of fiat money facilitated the ideology of exclusive ownership and occupation by one religion.
4:06:29 - 4:09:47 (03:18)
Summary
This podcast episode discusses the history behind the occupation of Palestine and how the rise of fiat money facilitated the ideology of exclusive ownership and occupation by one religion.
ChapterThe Link Between Fiat Money and War
Episode#284 – Saifedean Ammous: Bitcoin, Anarchy, and Austrian Economics
PodcastLex Fridman Podcast
Pierre Rochard believes that Bitcoin will bring peace to the Middle East as land is a "shit-coin" and the fixation on it may decline when people have a form of property they can keep.
4:09:47 - 4:11:49 (02:01)
Summary
Pierre Rochard believes that Bitcoin will bring peace to the Middle East as land is a "shit-coin" and the fixation on it may decline when people have a form of property they can keep. This theory challenges the idea of building a homeland for any ethnicity or nationality anywhere else.
ChapterThe Link Between Fiat Money and War
Episode#284 – Saifedean Ammous: Bitcoin, Anarchy, and Austrian Economics
PodcastLex Fridman Podcast
The monetary system enables governments to finance colonialist efforts and wars, while those making decisions about war are not the ones paying for it or fighting in it.
4:11:49 - 4:14:23 (02:34)
Summary
The monetary system enables governments to finance colonialist efforts and wars, while those making decisions about war are not the ones paying for it or fighting in it. This not only affects conflicts in the Middle East but is also seen in parts of Eastern Europe.
ChapterThe Link Between Fiat Money and War
Episode#284 – Saifedean Ammous: Bitcoin, Anarchy, and Austrian Economics
PodcastLex Fridman Podcast
Bitcoin is the only technology that can end wars because it will eliminate the decision-making power of those who have no experience with war and don't pay for it.
4:14:23 - 4:18:10 (03:47)
Summary
Bitcoin is the only technology that can end wars because it will eliminate the decision-making power of those who have no experience with war and don't pay for it. Bitcoin can recreate the gold standard and make wars too expensive for governments to fund.