Read_633 - The Utility of Saving [Pierre Rochard]

July 01, 2022 00:29:21
Read_633 - The Utility of Saving [Pierre Rochard]
Bitcoin Audible
Read_633 - The Utility of Saving [Pierre Rochard]

Jul 01 2022 | 00:29:21

/

Hosted By

Guy Swann

Show Notes

"People hold money to hedge against future uncertainty. This is why it is so crucial for a monetary system to optimize for minimizing its own uncertainty. Bitcoin’s purchasing power is an external quantitative risk that can be insured against, not an internal qualitative uncertainty." - Pierre Rochard Link to the read: https://pierre-rochard.medium.com/the-utility-of-saving-c56f7c170fc1 Check out Pierre on Twitter: twitter.com/bitcoinpierre Dig deeper into these ideas with an excellent piece from Hans Hoppe we covered ages ago on the podcast: The Yield From Money Held Reconsidered: https://open.spotify.com/episode/67dqOHWLX9NRmAs4S0G9XQ?si=866f483f885a43e0 Check out our amazing sponsors below, they are among my most used products and services in Bitcoin, and have exclusive discounts and offers for the Audionauts: Become sovereign, hold your keys, be censorship resistant with the Bitbox02 hardware wallet. Get 5% off everything in the store with code GUY (guyswann.com/bitbox) Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (swanbitcoin.com/guy) Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20% OFF with code BITCOINAUDIBLE (guyswann.com/fold) Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

March 14, 2018 00:07:42
Episode Cover

CryptoQuikRead_024 - NY Legislator Proposes BitLicense Alternative for Cryptocurrency Users

Is it possible that the disasterous bitlicense could finally be replaced by sensible regulation?  Learn more details in today's Quick Read!The article:https://bitcoinmagazine.com/articles/new-york-legislator-proposes-bitlicense-alternative-cryptocurrency-users/ --- Send...

Listen

Episode

April 17, 2018 00:42:26
Episode Cover

CryptoQuikRead_050 - Don’t Count Your FUD Before Lightning Strikes

We're back in action!  In the follow-up to Aaron van Wirdum's excellent explanatory series, I decided to tackle 15 common claims against the Lightning...

Listen

Episode

August 19, 2020 00:32:44
Episode Cover

Read_430 - Accepting Scarcity, A Bitcoin Meditation [Reed Wommack]

“ignorance or delusion is one of the three causes of our suffering (the other two are attach­ment and aversion). So when we are deluded...

Listen