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228. The Bitcoin Standard w/ Rep. Thomas Massie

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Saifedean Ammous

Saifedean Ammous

Ай бұрын

US Congressman Thomas Massie has read The Bitcoin Standard and enjoyed it so much he tabled legislation to end the Fed! He joins Saifedean to discuss The Bitcoin Standard, Austrian economics, American politics, AIPAC and much more!
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Saifedean’s first book, The Bitcoin Standard:
saifedean.com/thebitcoinstandard
Saifedean’s second book, The Fiat Standard:
saifedean.com/thefiatstandard
Saifedean’s third book, Principles of Economics:
saifedean.com/poe
Enjoyed this episode? Join Saifedean's online learning platform to take part in weekly podcast seminars, access Saifedean’s four online economics courses, and read his writing, including his new book, Principles of Economics! Find out more on Saifedean.com!

Пікірлер: 127
@Stiofan12345
@Stiofan12345 Ай бұрын
Thomas is great. Was very sad to hear about the death of his wife last week. RIP
@waleedraed
@waleedraed Ай бұрын
Love Thomas Massie we need more people like him
@aslkdjfzxcv9779
@aslkdjfzxcv9779 Ай бұрын
itll never happen. need a different approach
@microsoftpain
@microsoftpain Ай бұрын
Thomas Massie is practically the only current Congressman I respect. I was very sad to hear about his wife's passing recently. I hope he can manage to keep his head up.
@adammontgomery7980
@adammontgomery7980 Ай бұрын
Yes, one of maybe 5 that seem to take the duty seriously.
@nickyboonz
@nickyboonz Ай бұрын
Two great men. Thank you Thomas, sorry for your loss.
@user-zk7lw1kh6i
@user-zk7lw1kh6i Ай бұрын
I got 100 utils of enjoyment from this conversation.
@christinewillis7545
@christinewillis7545 Ай бұрын
Sorry to hear about Mrs Massie.. Respect to her.
@BitCoin-jl4ns
@BitCoin-jl4ns Ай бұрын
The world is a better place because of these two individuals.
@kyleredfearn96
@kyleredfearn96 Ай бұрын
Thomas Massie for President!
@treybarnette5719
@treybarnette5719 Ай бұрын
Never enough Massie! Get this man in the White House
@Manvillebrady
@Manvillebrady Ай бұрын
Been a big fan of Thomas Masseie for several years. He's the best
@robsebesta
@robsebesta Ай бұрын
This is when KZfaq needs a double thumbs up! What a great conversation between two based individuals.👍👍 (it is heartbreaking to think of this man having just lost his wife, probably just days after this conversation. 🙁 My condolences to Mr Massie. Thanks for all that you do for our country! Please take some time for yourself and your family. You are in my prayers.)
@JeThoreau_
@JeThoreau_ Ай бұрын
Awesome interview - Massie is one of the only politicians I admire, especially since he introduced the bill to End The Fed
@DonBrott-jz8it
@DonBrott-jz8it 26 күн бұрын
SAIFEDEAN ....You kick butt. I love your work. Thanks for standing on principals
@shayemman
@shayemman Ай бұрын
Wow so cool having congressmen Massie on the show Saif!! Great interview, thank you!
@user-wr4wp9en2q
@user-wr4wp9en2q 14 күн бұрын
Mr Massie is cut from a different cloth. Great conversation, if only the world had more politicians like him. Great work getting him on the Pod Saifedean!
@Usernamebtc
@Usernamebtc Ай бұрын
Holy shit, that was awesome! Get this man on again ASAP 🔥
@CanesFan65
@CanesFan65 Ай бұрын
Rep. Thomas Massie is the BEST. We are lucky to have someone like him to fight back against the LUNATICS.that are destroying this country. THANK YOU Rep. Thomas Massie!
@lightningplus_
@lightningplus_ Ай бұрын
It's magical when kindred spirits from different worlds can discuss ideas, agree on atrocities, disagree on mechanics and resolve that further study and discussion can be not only fruitful...but enjoyable. Wow...humanity at its best.
@chris2884
@chris2884 4 күн бұрын
I dig that Massie dropped the challenge to all Austrian Economists. Not having a way to quantify and forecast economic models hasn’t been discovered YET. I believe that a brilliant mind such as Saifedeans can do it. There’s a noble prize in economics waiting…
@Mr.McMello
@Mr.McMello Ай бұрын
I LOVED this conversation! THANK YOU!!!
@richardray7976
@richardray7976 Ай бұрын
Massie is such a likable guy. 👍🏼
@ayandas874
@ayandas874 Ай бұрын
Love Massie. I am sorry for his loss.
@jasenwar
@jasenwar Ай бұрын
"I would just speak in numbers if I thought people would enjoy the podcast" very quick with it hahah, that was a great pod Massies a good guy
@jeevzthegod
@jeevzthegod Ай бұрын
We need more men in politics like him Christ is king
@cryptoemcee
@cryptoemcee Ай бұрын
Thanks, Saif and Thomas!
@daveBit15
@daveBit15 6 күн бұрын
Two of the humans I enjoy the most, together! Can't ask for more.
@WalkerAmerica
@WalkerAmerica Ай бұрын
Saifedean x Massie - a combination that makes the Fiat Overlords tremble… 👀👏
@dr.k.math.777
@dr.k.math.777 Ай бұрын
This is great. Thank you both.
@Zoofactory
@Zoofactory Ай бұрын
Very sorry to hear about Mrs. Massie…. 🙏
@ivorytickle
@ivorytickle 27 күн бұрын
GREAT interview i thoroughly enjoyed it. and I LOVED Mr. Massie's definition of the lighting network
@sethlievense8371
@sethlievense8371 29 күн бұрын
This was a great conversation. So rare to have intelligent people question each others thoughts.
@jordanw2009
@jordanw2009 Ай бұрын
Prayin for Thomas and his family
@DanielTroySternthal
@DanielTroySternthal Ай бұрын
Great episode
@adas123123
@adas123123 Ай бұрын
Couldn’t be happier to hear that back and forth. Epic shift in the Overton window. 🙌🏻
@TheRealDerekS
@TheRealDerekS Ай бұрын
This was excellent
@monikabravoiamoptimist3959
@monikabravoiamoptimist3959 Ай бұрын
I enjoyed this conversation between two based, unapologetic individuals, Can't wait for the next discussion between them on human action and why mathematical equations can’t solve the complexity of human behavior.
@Paintbug
@Paintbug Ай бұрын
Two great minds. Excellent interview and conversation. Well worth the time. Thanks!
@bw-cx6uc
@bw-cx6uc Ай бұрын
And so begins congressman Massie’s decent down the Austrian economics rabbit hole
@mattryanflores
@mattryanflores Ай бұрын
This conversation went over my head. I hope they get together again. Great hearing great minds disagree.
@akash_goel
@akash_goel 29 күн бұрын
Thomas Massie is an absolute G.
@FareAlert
@FareAlert Ай бұрын
Awesome listen. Great conversation in all its parts. Will definitely come back for more. I consider myself somewhat of a maths person myself, have to say you two are amazing^1,000,000
@mbaddah
@mbaddah Ай бұрын
Amazing podcast 👏
@stephenburns433
@stephenburns433 Ай бұрын
Great conversation ❤
@Chris_Richard
@Chris_Richard Ай бұрын
Great interview
@angelasmith5538
@angelasmith5538 27 күн бұрын
Praying for you Thomas Massie.
@GD-ev7lb
@GD-ev7lb Ай бұрын
Please discuss economic issues more often with these types of people.
@peppeLA
@peppeLA Ай бұрын
Awesome episode
@davidcooper4327
@davidcooper4327 Ай бұрын
That was fantastic.
@CornPopPomade
@CornPopPomade Ай бұрын
I was honestly a little apprehensive about how these two personalities would mesh but wow was I way off. What a good conversation. I hope they find time for a follow up someday.
@enemyofYTemployees
@enemyofYTemployees Ай бұрын
He kicks ass.
@afjm7499
@afjm7499 Ай бұрын
We need more like Massie in our government
@CosmicHerbivore
@CosmicHerbivore Ай бұрын
In 1967, Iz rah el deliberately and systematically attacked the U.S.S. Liberty; killing 36 sailors and injuring 100s.
@APC-pm2on
@APC-pm2on Ай бұрын
Awesome 🎉
@thefredkalis
@thefredkalis Ай бұрын
this was so nice
@Zoofactory
@Zoofactory Ай бұрын
Good Stuff
@RoyvanWensen
@RoyvanWensen Ай бұрын
Thomas Massie is a boss.
@finestcitycycling621
@finestcitycycling621 Ай бұрын
Based Massie
@richbirecki
@richbirecki Ай бұрын
Love Massie
@CornPopPomade
@CornPopPomade Ай бұрын
Massie for King.
@Tenebrousable
@Tenebrousable Ай бұрын
Sorry for your loss, Rep. Massie. Anyone know what happened?
@joelwoodward3663
@joelwoodward3663 Ай бұрын
Love massie
@stevekalka3987
@stevekalka3987 Ай бұрын
@saifedean isn't BTC the economic constant?
@investorbettor505
@investorbettor505 28 күн бұрын
19:13 interestingly i agree with Massie here. When it comes to fiat, the most powerful Navy has always had the reserve currency. USA, Great Britain, Spain, Portugal, etc
@investorbettor505
@investorbettor505 28 күн бұрын
Does Mr. Massie sell the debt badges? I would love to put one in my office/car
@fagan4119
@fagan4119 Ай бұрын
Massie is brilliant and the salt of the earth. Obviously, a danger to the Establishment.
@sethlievense8371
@sethlievense8371 29 күн бұрын
Starts @3:30
@teresablackburn7404
@teresablackburn7404 Ай бұрын
Does anybody know when this was recorded?
@undercover-austrian
@undercover-austrian Ай бұрын
When was this filmed
@akash_goel
@akash_goel 28 күн бұрын
My favorite part of the interview is when he calls Bowman a flaming idiot 🤣🤣🤣
@LEDit0ut
@LEDit0ut Ай бұрын
Interesting bit on math and economics. On the individual level the value of anything will vary but the market price is the aggregate of all individuals. While no individual is exactly the same human behavior follows the Gaussian distribution. For the first time in history we have a fixed monetary unit that can better reflect that aggregate value. It won't be an exact science but it is as scientific as measuring the orbit of a planet around a sun x amount of light years away.
@lindaabernathy4876
@lindaabernathy4876 Ай бұрын
At least let's fix the unit of measure and base it on sats.
@BitCoin-jl4ns
@BitCoin-jl4ns Ай бұрын
Will Saifedean ever read and/or discuss “Hijacking Bitcoin”?
@jordanorta7476
@jordanorta7476 Ай бұрын
R.I.P to his wife. I think there's a good chance we know how that happened....
@justindaffronte9702
@justindaffronte9702 Ай бұрын
yup
@BitCoin-jl4ns
@BitCoin-jl4ns Ай бұрын
As much as I love Thomas Massie I don’t feel he understands how important it is to displace fiat.
@Scottweeier846
@Scottweeier846 28 күн бұрын
I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Natalie Strayer..
@Jessecote875
@Jessecote875 28 күн бұрын
I'm surprised that you just mentioned Natalie Strayer here also Didn’t know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.
@Nguyenvictory83
@Nguyenvictory83 28 күн бұрын
The very first time we tried, we invested $2000 and after a week, we received $9500. That really helped us a lot to pay up our bills.
@Brucelanham845
@Brucelanham845 28 күн бұрын
Natalie Strayer has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's
@carolynvo7802
@carolynvo7802 28 күн бұрын
I'm new at this, please how can I reach her?
@Rodriguezpaul-9
@Rodriguezpaul-9 28 күн бұрын
After I raised up to 125k trading with her I bought a new House and a car here in the states also paid for my son's surgery Glory to God shalom.
@tjmooney4181
@tjmooney4181 Ай бұрын
Acquire as many satoshis as possible while uneducated people still accept dollars for them 😉
@Iamcurious486
@Iamcurious486 Ай бұрын
...and then there is the mom who bought The Bitcoin Standard for all (5) of her adult children!
@MrTeeri4
@MrTeeri4 Ай бұрын
Saif why don’t you do all the ads maybe half way or sprinkle them rather than heavy ads minutes long at beginning? I would have subscribed but the heavy ads at the beginning puts me off brother. Love the channel and topics by the way.
@BitCoin-jl4ns
@BitCoin-jl4ns Ай бұрын
As much as I love Saifedean Ammous I think he erroneously discounts how important being a “Medium of Exchange” MOE is.
@jehannekejup7142
@jehannekejup7142 Ай бұрын
"The world would benefit from another one or two Elon Musks" And Saife just lets that one slide, what the hell?
@jehannekejup7142
@jehannekejup7142 Ай бұрын
(Statement between 7:00 and 8:00)
@tommyfeinstoff
@tommyfeinstoff Ай бұрын
Very good speech on the Israel war crimes.
@justindaffronte9702
@justindaffronte9702 Ай бұрын
We know what they did
@rawr4444
@rawr4444 28 күн бұрын
👀
@azdjedi
@azdjedi Ай бұрын
I thought they were going to kiss at the end lol Great episode
@ashdraked
@ashdraked Ай бұрын
Love Massie but Kinsella PWNS him when it comes to IP
@DonBrott-jz8it
@DonBrott-jz8it 26 күн бұрын
THOMAS MASSIE,has built his whole political career on tiny $ 5-20 donations..
@manekedark
@manekedark Ай бұрын
In impossible for economics predict satisfactions or decisions making that women will do, which are 50% of global population.
@quantonomy
@quantonomy Ай бұрын
Ammous the constant argument is not good. If you take ratios between quantities the constant cancel. You just make measurement in terms of how a quantity changes relative to another. Constants are just a proportionality quantity. You can rescale them, and everything is the same. It is a very very weak argument.
@michaelhazel6899
@michaelhazel6899 Ай бұрын
Law of marginal utility ftw
@YazidLife.
@YazidLife. 29 күн бұрын
a vow of illiteracy ahahah
@katskillz
@katskillz Ай бұрын
Massie is spot on about Road to Serfdom, by the end Hayek promotes a notion of world governance to safeguard the liberty principles. Total fail. The other red flag is that Keynes and Hayek were lifelong friends. They appeared to have propped up a false dichotomy of Keynes' Malthusian top-down governance vs Hayek's pure bottom-up governance where private vices magically leads to public virtues. The American System of Economics makes a ton more sense to me.
@BestCosmologist
@BestCosmologist Ай бұрын
The "running out of space/resources" problem shouldn't be laughed away IMO. It sucks because the loony tune lefties have ruined environmentalism, but biological populations grow exponentially until they run out of resources and establish a balance. We're still growing because we keep inventing new tech, but we're also consuming more valuable land that other megafauna could use. We've also impeded the migration patterns for thousands of species including the American Bison, who used to migrate from Mexico to Alaska every year.
@DeRothschild
@DeRothschild 29 күн бұрын
AIPAC off’d Massie’s wife.
@adammontgomery7980
@adammontgomery7980 Ай бұрын
RFK Jr. is campaigning on using blockchain and AI to reduce wasteful government spending. I've made a few comments about how I think he's pandering, and get attacked because "I just don't understand the technology". I do understand, and fail to see how these tools will help a system that already suffers from a lack of accurate data.
@TheLiquidMix
@TheLiquidMix Ай бұрын
Half of this is about Israel/Gaza
@hhhhhikbggg
@hhhhhikbggg 27 күн бұрын
انت دارس وعندك علم وهناك خيارين لرأيي تجاهك .. إما انك لا تحب الخير للعرب ومستحي يكون عندك جمهور عربي .. وإما تتبهور بإن لديك علم وخوض بمجال الكريبتو وخلفك نصبه لا يعلمها الا الله .. وان كنت بطل رد على تعليقي وقل لي لما انت عربي ولاتجعل ولو فيديو واحد باللهجه العربيه واهي اصلك يااصيل !! .
@ashdraked
@ashdraked 25 күн бұрын
لديه حرفيًا كتاب مجاني باللغة العربية
@lucasmarley3237
@lucasmarley3237 Ай бұрын
Zionism is way more than just patriotism to Israel Thomas. That said, a long format of this would be 🔥. You two were just getting started near the end. 👍
@Dencell
@Dencell Ай бұрын
To summarise the last part. You can't measure subjectivity. Like how do you measure love? Which unit would you use? Yet economist put subjectivity into mathematic formulas all the time. Like hedonic adjustments...
@breezecatcher100
@breezecatcher100 Ай бұрын
Can you run for president in 28?
@xr200honda6
@xr200honda6 27 күн бұрын
Go Massie! A cattle rancher gets bitcoin way can't NYC lawyers get it
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