Josef Tětek joins me to discuss the relationship between the Austrian School of Economics with Bitcoin, the impact of time preference, and the non-state properties of Bitcoin.

Josef Tětekis an author and a podcaster. He works as a Bitcoin Analyst at SatoshiLabs.

// GUEST //
Twitter: https://twitter.com/SatsJoseph
Articles: https://bitcoinmagazine.com/authors/josef-tětek
Podcast: http://stackuj.cz/

// SPONSORS //
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iCoin Hardware Wallet (use discount code BITCOIN23): https://www.icointechnology.com/
Wasabi Wallet: https://wasabiwallet.io/
Casa (use discount code BREEDLOVE): https://keys.casa/
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Carnivore Bar (use discount code BREEDLOVE): https://carnivorebar.com/

// OUTLINE //
00:00 - Coming up
00:51 - Intro
02:24 - Helping Lightning Startups with In Wolf's Clothing
03:10 - Introducing Josef Tětek
03:30 - Quick Background and Path into Bitcoin
04:44 - Orange Pill Moment
05:25 - Relationship of the Austrian School of Economics with Bitcoin
09:35 - No Supercomputer can Replace the Pricing System
12:26 - Distributed Computing vs. Centralized Computing
14:40 - Emergent Pricing vs. Central Planning
17:10 - The Immutable Laws
18:31 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet
19:27 - Maximize Your Profits with Gold Investment Letter
20:24 - Time Preference and its Connection to Money
26:43 - Positive Consequences of Low Time Preference
28:50 - Monetary History: From Gold to Bitcoin
33:48 - Problems of the Gold Standard
35:21 - The Intangibility of Bitcoin
36:02 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet
36:54 - Hold Bitcoin in the Most Secure Custody Model with Casa
37:42 - Bitcoin: Separation of Money and State
42:16 - Attributes that Make Bitcoin a Non-State Money
44:01 - Why Bitcoin Only
47:43 - Ten Commandments of Bitcoin
51:04 - How to Find Josef's Work

// PODCAST //
Podcast Website: https://whatismoneypodcast.com/
Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400
Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?
RSS Feed: https://feeds.simplecast.com/MLdpYXYI

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// WRITTEN WORK //
Medium: https://breedlove22.medium.com/
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Separation of Money and State with Josef Tětek (WiM337)

The "What is Money?" Show