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b'How much economic ignorance can you fit into 1 minute and 54 seconds? Well apparently its quite a lot. Peter Zeihan confidently embarrassed himself on Joe Rogan\'s podcast recently by going on a short rip regarding Bitcoin\'s negative value and how a reliable, fixed money causes economic disaster but the inflated, debt drowned political currency is more valuable. And how counterfeiters have rightfully earned the wealth they steal, but savers gaining some purchasing power as the economy grows is "unviable."\\n\\nWe dive into a short clip of Peter Zeihan and take it apart, piece by ignorant piece, in today\'s Guy\'s Take episode. Strap in.\\n\\nHere are the links to so many other reads for diving further into these economic ideas if you want a deeper understanding. All highly recommended:\\nNo Bitcoin Has No Intrinsic Value, and that\'s great!: https://open.spotify.com/episode/0EyuzhpYZRR5TimBl28Ngw?si=f5223cb0872545f9\\nAnother Way to Think About Bitcoin\'s Value: https://open.spotify.com/episode/5d8O5XztARIi0eI7lYMmSN?si=8c89c2cf2c4a4f0a\\n---\\nWorld Hyperinflations: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2130109\\nWhen Money Dies: https://www.amazon.com/When-Money-Dies-Adam-Fergusson-audiobook/dp/B004FU1028\\n---\\nTrusted third Parties are Security Holes: https://open.spotify.com/episode/21iWPjbJrRfZb3sBUb6zkD?si=c5946f4f85984745\\nThe Dawn of Trustworthy Computing: https://open.spotify.com/episode/4AkUNUNGFeCibaPyQWtHSY?si=c351d269b0ee4cf6\\nThe Whitepaper: https://open.spotify.com/episode/1mxIgLMRVzsuYj964ZiLa9?si=3e386d6c5ae14864\\n---\\nThe Use of Knowledge in Society: https://open.spotify.com/episode/6itH5T3tXPlLfJil5jcuU4?si=82d1e0deb1da4725\\nThe Yield From Money Held, Reconsidered: https://open.spotify.com/episode/67dqOHWLX9NRmAs4S0G9XQ?si=9f8fa16e335e4dc6\\n\\nDon\'t forget to check out our amazing sponsors:\\n\\u2022 Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 10% off everything in the store until Christmas! (https://guyswann.com/coldcard)\\n\\u2022 Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 5,000 FREE SATS at (https://guyswann.com/fold)\\n\\u2022 The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy)\\n\\n--------------------------------------\\n\\n"The root problem with conventional currency is all the trust that\\u2019s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust." \\u2013 Satoshi Nakamoto\\nLearn more about your ad choices. Visit megaphone.fm/adchoices\\n\\n--- \\n\\nSend in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message'