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

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Svetski Wake Up Podcast

Aleks Svetski

114 episodes

1 week ago

The world is largely asleep. We're living in a time where our freedoms are slowly being encroached upon, but because we're addicted to mediocre bullshit, we ignore it. Our money no longer represents our work, time or effort, the freedom to speak out is obstructed under the guise of "diversity, inclusion and safety", privacy is no longer respected and surveillance has become mainstream "for our protection". Wake up is dedicated to helping ensure V for Vendetta and 1984 remain works of fiction. Topics will include Bitcoin, Money, Freedom, Philosophy, Psychology, Science, Ethics & more

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

Svetski Wake Up Podcast

1 hour 1 minute 34 seconds

2 years ago

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