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