Saifedean Ammous vs Peter Schiff on Sound Banking, Gold & Bitcoin

May 21, 2019 01:32:15
Saifedean Ammous vs Peter Schiff on Sound Banking, Gold & Bitcoin
The Bitcoin Standard Podcast
Saifedean Ammous vs Peter Schiff on Sound Banking, Gold & Bitcoin

May 21 2019 | 01:32:15

/

Show Notes

Saifedean debates Peter Schiff on the merits of Bitcoin vs. gold.

 

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

November 20, 2018 01:23:44
Episode Cover

Saifedean Ammous Interviewed By Stephen Livera

Stephan interviews Saifedean Ammous, Austrian Economics Professor and author of The Bitcoin Standard. In this podcast episode we take a deep dive into the...

Listen

Episode 0

March 29, 2021 01:14:04
Episode Cover

43. Bitcoin and market efficiency

Are markets efficient? How do we think of this question from an Austrian perspective? We discuss how the absence of constants in economics has...

Listen

Episode 0

September 22, 2020 01:02:05
Episode Cover

Bitcoin Fixes This #5 - Saifedean Ammous on Off Chain with Jimmy Song

Saifedean Ammous is the author of The Bitcoin Standard. We talk about the university system, how money has made it highly inefficient and how...

Listen