30. Gamestop, deflation, and Q&A

January 30, 2021 00:58:21
30. Gamestop, deflation, and Q&A
The Bitcoin Standard Podcast
30. Gamestop, deflation, and Q&A

Jan 30 2021 | 00:58:21

/

Show Notes

In this week's seminar we discuss reddit's attack on hedge funds by buying Gamestop stock. How the analysis of hard money in The Bitcoin Standard can help us understand why these short-squeezes will be self-defeating everywhere except with bitcoin, because of its unique Number Go Up technology. We also discuss deflation, monarchy, and more fun!

 

THE BITCOIN STANDARD TOOLKIT

The Bitcoin Standard Toolkit is a selection of the Bitcoin services I recommend to readers and learners on saifedean.com, as they upgrade from The Fiat Standard to The Bitcoin Standard.

NYDIG  

NYDIG is a leading full-service financial services firm dedicated to Bitcoin, applying institutional wisdom and ingenuity to help clients access the unrealized potential of this emerging asset class. NYDIG offers the full suite of financial solutions needed for financial institutions to access Bitcoin, from custody, execution, financing, treasury solutions, integration partnerships, and more.

Check their website here: https://nydig.com/

==================

Cyphersafe 

To secure your bitcoins, it is important to keep your seedphrase backed up safely, and for that, I highly recommend using the CypherWheel seed storage device, a gorgeous and brilliant sturdy piece of low time preference engineering from a fourth-generation machine shop in Maine.

Check their website here: https://cyphersafe.io/

==================

OKCoin

Whenever someone asks me how to invest in Bitcoin, my advice is to accumulate bitcoins periodically for the long run, or dollar-cost averaging. When you buy every day, week, or month, you play bitcoin’s volatility to your advantage. In the long run, this strategy will outperform every other bitcoin investment strategy, except for dumb luck, and lying about timing the market. For dollar-cost averaging, I strongly recommend OKCoin, the exchange with the lowest fees for recurring purchases worldwide. OKCoin is also the bitcoin exchange accessible in the most countries around the world.

Check their website here: https://okcoin.com/

==================

Nodl

I believe it is really important to run a node, but I don’t recommend running it on your work or personal computer, as it can compromise the performance of your computer and, more importantly, the security and privacy of your bitcoin node. A far better solution is to buy a dedicated hardware node, and for that, I highly recommend Nodl.

Check their website here: https://www.nodl.it/

==================

Coldcard

My hardware wallet of choice is the Coldcard. I strongly recommend only conducing bitcoin trades on computers that are dedicated to bitcoin and cannot connect to the internet. I like the Coldcard because it is a contained machine optimized for bitcoin and bitcoin only.

Coldcard is basically a small computer that can only do bitcoin, which makes securing it more straight-forward. Use the code BITCOINSTANDARD on coldcardwallet.com to get a 5% discount. 

Check their website here: https://coldcardwallet.com/

Other Episodes

Episode 0

August 05, 2018 01:26:36
Episode Cover

Saifedean Ammous Interviewed By Max HIllebrand

THE BITCOIN STANDARD TOOLKIT The Bitcoin Standard Toolkit is a selection of the Bitcoin services I recommend to readers and learners on saifedean.com, as...

Listen

Episode 0

April 13, 2021 00:34:36
Episode Cover

47. Fiat food

In this episode we discuss the link between fiat money and fiat food, based on the latest chapter from The Fiat Standard, available to...

Listen

Episode 0

June 13, 2021 01:01:34
Episode Cover

62. El Salvador on The Bitcoin Standard

In this episode Saifedean talks to regular seminar attendees about El Salvador’s recent adoption of bitcoin as legal tender. They discuss how this is...

Listen