The #1 Reason Modern Economics Dismisses Bitcoin's Value | Rahim Taghizadegen | BFM154

22/05/2025 1h 32min Episodio 151

Listen "The #1 Reason Modern Economics Dismisses Bitcoin's Value | Rahim Taghizadegen | BFM154"

Episode Synopsis

Rahim Taghizadegan, the last direct-tradition Austrian School economist, pioneered Bitcoin education at university level. With fifteen books, he founded Scholarium to preserve the school's interdisciplinary approach.› Follow Rahim: https://twitter.com/scholarium_at› Rahim’s website: https://scholarium.atPARTNERS🧘‍♂️ Gain peace of mind with Onramp’s Multi-Institution Custody solution. Sign up with code BRAM to receive $150 in Bitcoin after your first deposit: https://onrampbitcoin.com/bram💸 Borrow against your Bitcoin with Debifi. Unlock liquidity without selling a single sat via https://debifi.com/bram🔐 Blockstream Jade Plus: The simplest and most secure hardware wallet on the planet - Get 10% off your entire order with code BRAM at https://store.blockstream.com🔨 Stamp Seed: The safest way to backup your hardware wallet - Get 15% off with code BRAM at https://stampseed.comPRODUCTS I ENDORSE› Get the The Bitaxe Gamma (open-source Bitcoin home miner) in US & UK with 10% using code BRAM: https://shop.powermining.io/?ref=BRAM› Buy Bitcoin in the EU 🇪🇺 via https://relai.me/bram and use code BRAM to reduce fees by 0.5%🔔 SUBSCRIBE TO GET NOTIFIED› YouTube: ⁠⁠https://youtube.com/@bramk⁠⁠› Follow Bram on ⁠⁠https://x.com/bramk🕑 TIMESTAMPS00:00 - Introduction to Austrian Economics and Bitcoin02:49 - The Relevance of Austrian Economics Today05:48 - The Displacement of Austrian Economics by Keynesianism08:39 - The Role of Intellectuals and the Quest for Control11:50 - Understanding Money and Its Impact on Society12:34 - The Disconnect Between Austrian and Keynesian Economics14:41 - The Subjectivity of Value and Human Action17:25 - Distortions in the Market and the Business Cycle20:19 - The Role of Bitcoin in Economic Discourse28:35 - Understanding Bitcoin's Dual Nature35:07 - The Subjective Value of Bitcoin41:13 - Bitcoin's Historical Significance47:38 - Individualism vs. Collective Adoption in Bitcoin59:29 - The Role of Proof of Work in Bitcoin's Value01:03:27 - The Complexity of Energy and Value01:07:29 - Time Preference and Economic Behavior01:11:17 - The Role of Savings in Civilization01:17:23 - Central Banking and Economic Control01:24:16 - Austrian Economics and Political Realities01:25:15 - The Future of Austrian Economics and Bitcoinℹ️ EPISODE SUMMARYBram Kanstein and Rahim Taghizadegan discuss Austrian economics and Bitcoin, exploring Austrian economics' historical context, critique of central planning, and marginalization by Keynesianism. They examine the role of intellectuals, the nature of money, modern economic distortions, and the subjective nature of value and human action. The conversation covers Bitcoin's dual nature as network and asset, its historical significance, adoption motivations, and proof of work's role in establishing digital value. They discuss how time preference affects spending and saving, central banks' bureaucratic nature, and Austrian economics' potential future impact. The dialogue emphasizes private savings and leisure's importance for culture and civilization, concluding with reflections on freedom and human potential.

More episodes of the podcast Bitcoin for Millennials