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Ep 98: Free Will, Uncertainty & Risk with Pierre Rochard

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Manage episode 349458599 series 2843534
Content provided by Aleks Svetski. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Aleks Svetski or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

"A real comparison between gold & bitcoin is to compare their relative ability to alleviate uncertainty"

Pierre Rochard, VP of research at Riot Platforms Inc, and yes - THAT Pierre, joins me finally, on the Wake Up Podcast to discuss his new piece for The Bitcoin Times, entitled; Bitcoin VS Gold.

Now..this is not just another one of those articles.

This one is short, concise and you WILL take away with you a concept that you may not have thought about before. The difference between uncertainty and risk.

You can find the fill article here on The Bitcoin Times website:

https://bitcointimes.io/bitcoin-versus-gold/

We go on a few tangents in the episode also, but here are the core topics:

  • Free Will & Determinism / Austrian Econ & Keyenianism
  • Nature VS Nurture
  • The difference between uncertainty and risk.
  • Money (savings) is how we relieve uncertainty!!
  • Inflationism is a policy that dissuades people from holding cash, and there forces them to become short-termist & have high time preference.
  • Price is all about risk.
  • Savings is how we minimise and manage uncertainty - NOT Risk
  • Inflationism is a policy that dissuades people from holding cash, and therefore increases their uncertainty.

Book Recommendation:

William Hut: The Utility of Money

Follow Pierre @BitcoinPierre on Twitter.

Follow Riot at @RiotBlockchain

Pick up a copy of The Bitcoin Times at:

BitcoinTimes.io/Shop

____________________________________

Thanks again for listening.

Reminder that you can pick up a copy of The UnCommunist Manifesto on Amazon:

https://www.amazon.com/dp/B0B837FN63

You can pick up a copy of The Bitcoin Times from:

https://BitcoinTimes.io

I want to thank Unchained.com for helping making this publication possible:

Please Subscribe or Follow the Channel on Fountain, YouTube, Rumble, Anchor, Spotify, iTunes, etc;

https://play.fountain.fm/show/KGEglVpdWo4zXQWR3X7G

https://anchor.fm/wakeuppod

https://www.youtube.com/c/WakeUpPod

https://rumble.com/c/c-1677935

Leave a Review !!

That helps too.

You can follow my work at:

Svetski.info

More coming soon!

  continue reading

114 episodes

Artwork
iconShare
 
Manage episode 349458599 series 2843534
Content provided by Aleks Svetski. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Aleks Svetski or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

"A real comparison between gold & bitcoin is to compare their relative ability to alleviate uncertainty"

Pierre Rochard, VP of research at Riot Platforms Inc, and yes - THAT Pierre, joins me finally, on the Wake Up Podcast to discuss his new piece for The Bitcoin Times, entitled; Bitcoin VS Gold.

Now..this is not just another one of those articles.

This one is short, concise and you WILL take away with you a concept that you may not have thought about before. The difference between uncertainty and risk.

You can find the fill article here on The Bitcoin Times website:

https://bitcointimes.io/bitcoin-versus-gold/

We go on a few tangents in the episode also, but here are the core topics:

  • Free Will & Determinism / Austrian Econ & Keyenianism
  • Nature VS Nurture
  • The difference between uncertainty and risk.
  • Money (savings) is how we relieve uncertainty!!
  • Inflationism is a policy that dissuades people from holding cash, and there forces them to become short-termist & have high time preference.
  • Price is all about risk.
  • Savings is how we minimise and manage uncertainty - NOT Risk
  • Inflationism is a policy that dissuades people from holding cash, and therefore increases their uncertainty.

Book Recommendation:

William Hut: The Utility of Money

Follow Pierre @BitcoinPierre on Twitter.

Follow Riot at @RiotBlockchain

Pick up a copy of The Bitcoin Times at:

BitcoinTimes.io/Shop

____________________________________

Thanks again for listening.

Reminder that you can pick up a copy of The UnCommunist Manifesto on Amazon:

https://www.amazon.com/dp/B0B837FN63

You can pick up a copy of The Bitcoin Times from:

https://BitcoinTimes.io

I want to thank Unchained.com for helping making this publication possible:

Please Subscribe or Follow the Channel on Fountain, YouTube, Rumble, Anchor, Spotify, iTunes, etc;

https://play.fountain.fm/show/KGEglVpdWo4zXQWR3X7G

https://anchor.fm/wakeuppod

https://www.youtube.com/c/WakeUpPod

https://rumble.com/c/c-1677935

Leave a Review !!

That helps too.

You can follow my work at:

Svetski.info

More coming soon!

  continue reading

114 episodes

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