Parallels to the Roman Empire w/ Dr. Peter St. Onge (BTC149)

  Рет қаралды 20,034

Preston Pysh

Preston Pysh

10 ай бұрын

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Preston talks with Dr. Peter St. Onge / @profstonge about current macro dynamics and compares and contrasts this to the events experienced by the Roman Empire.
IN THIS EPISODE, YOU’LL LEARN:
- Peter's overview of what's causing the inflation that happened after 2020.
- What's happening in China and does Peter buy into all the headlines that it's got economic problems?
- A broad overview of the cyclical nature of great empires and Rome in particular.
- The currency issues in Rome and what caused them to occur.
- What type of social issues were experienced during the great Roman debasement?
- Peter's thoughts on Bitcoin and how it's going to be relevant moving forward.
- Peter's thoughts on Gold vs. Bitcoin.
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Пікірлер: 34
@PrestonPysh
@PrestonPysh 10 ай бұрын
📌 Check out this video next: kzfaq.info/get/bejne/pcyahsyUv9vQe6s.html ⚠ IMPORTANT: Please beware of cyber scams and phishing attacks. We will never ask for your contact info in the comments section. Kindly report suspicious accounts you see below. Thank you!
@tallsiii
@tallsiii 9 ай бұрын
Gold is necessarily centralised. A gold backed currency can only exist under government control. Bitcoin is independently verifiable by anyone in the world and can be stored securely without the need for a centralised vault. Great points Peter!
@vpnconsult
@vpnconsult 10 ай бұрын
The video we all have been waiting for.
@Bitcoin_Shango
@Bitcoin_Shango 9 ай бұрын
I couldn’t agree more. 👍🏾
@Ty-em1kv
@Ty-em1kv 10 ай бұрын
Peter is great. Enjoyed this
@computerman9580
@computerman9580 8 ай бұрын
One of your best guests ever.. loved this episode!
@goobtron
@goobtron 10 ай бұрын
Love Peter
@aaronkelly2414
@aaronkelly2414 9 ай бұрын
Never disappoints
@jimlynch5608
@jimlynch5608 10 ай бұрын
Really enjoyed this, I recently heard of the Dr and was looking forward to this
@russellb2464
@russellb2464 9 ай бұрын
He’s the man. His daily videos on x every morning are as important as my first cup of coffee 😂
@jod5834
@jod5834 9 ай бұрын
great!
@carlwatts1230
@carlwatts1230 9 ай бұрын
I liked Peter St Onge recent appearance on that most banned show. That show where the co-host / host of the afternoon show of the news organization / talk show was recently locked up for his speech Doesn't the bill of rights apply to all americans? Including AJ and OS I think people should listen more to these talk show hosts as a FU to the establishment trying to destroy them. We shouldn't teach the tyrants that their tactics will have their desired effects. I think their tactics should backfire on them. I'm doing my part in that regard
@JeremyHelm
@JeremyHelm 9 ай бұрын
53:56 intangible assets… the fleecing benefits of shifting production towards this (was addressed earlier, and Preston brought it further in the focus here)
@brandoncook67
@brandoncook67 9 ай бұрын
At 24:43, Preston hands Peter a drink, then Peter hands it back.
@rustyshackleford2719
@rustyshackleford2719 9 ай бұрын
I'll take gold.
@ThePostmillennial
@ThePostmillennial 9 ай бұрын
I had to listen to this twice…
@PatrickN.
@PatrickN. 9 ай бұрын
31:40 bitcoin cannot be deflationary or inflationary. It is fixed. A simple system with lots of good economic signal for participants to create a rich society. Fiat can be both inflationary and deflationary. Much more complex system of money with tons of noise and distorted signal. Hence much slower growth and many more inequities are created socially.
@joshl6275
@joshl6275 9 ай бұрын
Bitcoin is hosted on physical infrastructure that is beholden to the state. Commerce in the global economy inevitably is regulated by the state. Financial institutions actually exist only because of the state. The state and financial institutions aren't actually separate discussions. In fact, commerce and the state--economics in general--are all the same discussion. State systems and economic activity are really the same thing. Take away one, and so goes the other. The idea that bitcoin will somehow liberate us all from statist power hierarchies is almost the definition of a fairy tale. It's magical thinking. But then, all ancaps are magical thinkers, so I guess this is the tree we're barking up. Also, re: inflation, to solely blame money printing as the reason prices are inflating is facile thinking. While that does fit neatly with the same tired neoliberal schtick about austerity, it completely ignores the roles of global supply chain disruptions and naked corporate opportunism in the pricing discussion. We're also entering an era of capital scarcity due to demographic shifts. Rates were always going to go up. Prices were going to go up, money printing or no.
@Dpaq13
@Dpaq13 9 ай бұрын
Church and state are separate. Why not money?
@dan8753
@dan8753 4 ай бұрын
Enjoyed the insight.
@pedro97w
@pedro97w 9 ай бұрын
What is the downside of holding BTC in a Fidelity Crypto account?
@paulogrind
@paulogrind 9 ай бұрын
Not your keys, not your coins. Self custody in cold storage is the way to go.
@CoreyChambersLA
@CoreyChambersLA 9 ай бұрын
The Chinese Miracle is not all fake. It's only about 2/3 fake.
@keaton8182
@keaton8182 9 ай бұрын
Bryan Callen?
@fredmackpow4299
@fredmackpow4299 9 ай бұрын
Politicians shouldn't be allowed to take money from lobbyist and PACS
@TANKBROFRANK
@TANKBROFRANK 9 ай бұрын
💯
@digaum
@digaum 6 ай бұрын
I lived in a country where lobbying was a crime. Politicians will still find a way to get paid to do shady stuff. The state size is what needs to be reduced, that way politicians have very little power and lobbying is just a waste of money.
@93Mischief
@93Mischief 10 ай бұрын
You crazy zoomers and your Roman Empire memes.
@kurtjensen5798
@kurtjensen5798 10 ай бұрын
Boomers maybe?
@rof8200
@rof8200 9 ай бұрын
BTC as envisioned by Satoshi no longer exists.
@niclauz
@niclauz 9 ай бұрын
Nope, pretty much alive for us who understand. 😉
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