I totally understand what you’re saying. So one topic that has come up in our discussions recently, which I thought we’d be discussing today is an old pet peeve of mine, which is called the precautionary principle. When I was a kid, I used to think: “oh well he’s just grandpa and he likes the old days”, clearly the music today is no different from back then, then as I became a teenager, I started to enjoy old classical Arabic music and I started to wonder why is it we don’t have anything like this being produced today. Maybe even today, I’m an outlier, I don’t do this as my full-time job. About PlanB@100trillionUSD. How did bitcoin change what you were doing with art? The low time preference is what allows people to think of the future and the long-term. I feel like we’re getting back into the area of The Bitcoin Standard book where you run into the modern artist people carrying their torches. That’s the opposite of immutability. I’m going to disagree on this but maybe you can correct me. oh this is amazing, art on the blockchain forever, this is immutable!”. His dissertation examined policies supporting biofuels in the United States and the European Union as a case study in energy and environmental policy. Saifedean Ammous: The answer is to understand the distinction between the settlement network and the payment network. Then the Soviets would win! You keep turning up every time and you just keep getting better every time you turn up. For me, that’s how I create value. She died before I was born but it’s all that I listen to. It was one continuous success after the other. One of the really interesting things is, in your book you said that no one could be considered to be an artist at that time without putting in the dedicated work and the time it takes to do that. hy did you make fun of Hirst or Rothko?”. She started singing at the age of 5. We chat about how the fiat standard started, and the propaganda that they use to maintain it. Sure. All they get is a hash of that jpeg that’s placed into the token metadata of the shitcoin they hold now. The art that is produced is bought because people love it. Drop some BCH at the merch shop — we’ve got some spicy shirts for men and women. My life has become a lot more digitized, pretty much since the advent of bitcoin, I started getting into the digital arts spectrum. If I think that I want to sell this, you need to convince people who are going to be paying. That’s an important thing, how does it work? Saifedean Ammous: So, there’s only one left? Author of The Bitcoin Standard, out from Wiley. For example, as an artist you can take a canvas that’s 10 dollars, a set of paints that’s 20 dollars and turn it into a masterpiece that’s worth 100,000 dollars. “Bitcoin has no owner, no authority that can decide on its fate. Once I had the design work done, it looks like this, where you have a black and white map of each piece. The light at the end of the tunnel is, we’re seeing a revival in the interest of that music. All right @Benaskren I finally jumped in and grabbed 1 Bitcoin , I can't sit on the sidelines any longer . I read it like you were talking to me and a lot of the things you were saying was: “, We live in a time where this conscious decision to use low time preference thinking to create art is, a conscious decision. where do I invest in myself and my skills? Saifedean Ammous Joins Blockcap as Strategic Advisor Massive North American Bitcoin Miner Blockcap Adds Bitcoin Industry Luminary as Strategic … How are you producing these or selling them, tell us more about that aspect of things? The great Saifedean Ammous joins us to discuss current trends in Bitcoin, whether it’s in a “bubble,” what its advantages are, what the future may hold, and why all of this should matter to libertarians. It took seven months to take me from an idea to an actual design and then another month since I had the design to cut all the wood and put it all together to have a piece of art to display. Sorry, I know I cut you off, go ahead. And over the last few days?#bitcoin fixes thishttps://t.co/nx5IFJTsfQ pic.twitter.com/h7Ch0tGnaR, — CZ Binance (@cz_binance) March 23, 2020, The lesson of the '08 global financial crisis was: If you bail out companies that were reckless, expect 100x as many companies to ask for a bailout next time things get tough. Yes, I totally agree, and I certainly wasn’t denigrating selling. Saifedean Ammous is a lecturer in economics at the Lebanese American University. From the research that I’ve done on Instagram, I think I’ve only seen the tip of the iceberg of what’s out there. Blocked @Saifedean I block anyone who promotes conspiracy or crankish theories. You’re getting money to produce the work. Thank you, I appreciate it. It can be a little jarring but it’s absolutely amazing. It might not seem very precise if you look at it over the last year that we’ve gone from say three to 13,000 and back and forth. Even modern artists can’t make art at an inflation rate that is faster than the FED can make money. I certainly agree there but do you think that there’s great art being created today that will last for a long time? Yes! Saifedean Ammous: Thank you so much, Brady. On the other hand, if the money gets easier, the future gets hazier, harder to predict and therefore you start thinking of the future less and less. Within 15 years, America went from "maybe this one time" to "we need trillions immediately for all", — Erik Voorhees (@ErikVoorhees) March 25, 2020. -- Saifedean Ammous (@saifedean) September 8, 2017 Ferdous Bhai, whose team 21MIL runs Crypto Insider , is also on board: @saifedean You convinced me to … I’ve done t-shirts, jewelry, pencil drawings, pretty much anything. Everybody is different in their abilities and visions. What you were telling me made sense but also, I had my own personal biases that were built in, so some of it made me think this guy is wrong. Exactly, yes! Then the Soviets would win! By Saifedean Ammous . I saw it all come together at that point. I think this is also a good case of that. Absolutely. Effectively for fiat money, this is another angle for art and how fiat influences art, because nobody has a good store of value, people look for anything with any element of scarcity as a store of value. Moving onto the Saifedean Ammous wife, he is a married man. In a sense it’s also what art is doing. It’s meant to be completely functional in the sense that you should be able to track the course of bitcoin over time. But it does not compete with bitcoin, it reinforces bitcoin's value proposition, and will likely need to rely on bitcoin if it succeeds. Commentaries; Sort by: Latest Popular Show: All On Point. You can encode information within the art. Instead of modern art being a financial asset, where it’s a way of protecting people from inflation, we’re mass-producing paintings so people can store their wealth in them. As I said, in that 2018 time I was heavy into my shitcoinery phase. Instead of giving us something pleasant, it has to be a statement, it has to be shocking, jarring and ideological. If you can get your art critic friend, pay an artist 10,000 dollars to scribble some things. In the past or right now, you see a NFT thing going on with ethereum and people posting multiple things over the weekend: “hey, this is the art that I’m making.”. At this point they excel mostly with covers of her songs. Fractal, tell us about your art, what are you doing? Her music is a very acquired taste, it’s not very easy for non-Arabic speakers and many Arabic speakers to like it from the beginning. The way I see it is, at some level you must’ve considered the possibility of selling this. So, this is your full node sculpture, right? you’re just buying a jpeg that you can copy and paste”, I hope so too. Alright, thank you very much guys, this has been a nice refreshing change from the usual. We still see a very active art market with a lot of money being spent on it. Remove; In this conversation. This gives us, the crowd, an insurance policy against an Orwellian future.”. I’d like to make this as a functional graphical interface that plugs into core. We can’t just let the Soviets beat us to garbage art! For each piece that you see here, I’ve cut each piece three or four times. Subscribe , 4 tweets, 2 min read Read on Twitter. Saifedean Ammous Twitter Profile Read all threads. By Saifedean Ammous . I am @CitizenBitcoin. Governments’ unprecedented financial intervention continues to wow crypto enthusiasts, and so much more in this week’s installment. Epidemiology is a pseudoscience based on the astonishingly idiotic idea that diseases are programmed to spread & kill according to mathematical curves when there is absolutely no reason to believe this. You’re expecting the money to hold onto its value and you’re able to provide for your future-self better. She was commercial, getting money from it. It wasn’t because there was gold at the end of the rainbow or defined payout that I was going to get. In that shitcoin mindset: “. … It’s interesting how we see this, in fact, you could argue that people find cave drawings 40,000 years ago. Or are we still in a cesspool of basically nothing. I’m leaning more towards Byzantine as the years go by. We’re very far from producing anything similar to what she used to do though. It’s insane bureaucracy that always looks for justification for finding more funding because it can. You can’t keep dedicating your life to something that isn’t financially rewarding. Recently, I’ve become very obsessed with listening to all the modern singers that do covers for her songs. About Saifedean Ammous. Bitcoin is just a way to fund the projects that they’ve been trying to do. Every couple of years, there’s a new generation of people that are into this. I understand that people want to pay money for this and I think this is really the market solving the problem of people having money. Bitcoin twitter gets its bad reputation from the number of people that are confronted with truths they would rather not confront. All of them were paid entirely in bitcoin. The bitcoin is kind of hiding in storage for the much longer term, until I have a better idea of what I can be doing through the research. Can you give us a brief bitcoin maximalist take on what is all of this stuff and why we shouldn’t be paying any attention to it? Good way to market this. I saw the Mayan calendar schema where they use both a calendar that tells time and tells a story within the graphical glyphs that are presented. This will hopefully beat inflation in the long run. Saifedean Ammous On Twitter. I said bitcoin only. Especially every fiat thing. The book was written for an audience that is not very familiar with classical Arabic music so I essentially projected it onto modern and classical art, it’s the same dynamic effectively. Posted by ; Posted on ; main; Comments Off on Saifedean Ammous On Twitter; Bitcoin gifts investors 27% rewards since January 1, more than double that of gold and infinitely better than stocks and oil. 21:11 Fractal: Yes, and this happened entirely through the bitcoin network, basically twitter. I enjoyed this a lot, thank you very much for joining us and I’ll see you guys next week for the next seminar, take care! It’s absolutely astounding when you look at her work. Yes! Okay, so this is produced entirely by hard work. I am @CitizenBitcoin. There’s a lot of trickery. Please note: Please confirm you want to block this member. Actually, almost all of them are sold. That way, you can track time going all the way around the calendar. You don’t become a professional athlete by just waltzing into the world championship and picking up the trophy. Look at your sculptures, it’s taken you a lot of time to do that and you were working with lasers, it smells unpleasant. It always made me think, why is it we can’t do that anymore? @saifedean. Nice. [01:16:40] Saifedean Ammous: Yeah, I can imagine that, um, I can imagine that. Last updated on 20 July 2020. It is owned by the crowd, its users,” goes one of the quotable Taleb passages in the Forward. Modern art in its form is truly political. I spoke about examples like – inventions and technology, and one of the examples I wanted to speak about was architecture but it’s not something that I know enough about. We hear more about individuals buying it or about government agencies doing the sponsoring. On top of being an incredible artist, what is truly astonishing about her is how up until her twenties, she was mostly managed by her father and older brother. I have a little page on there that has a piece from the auction, it has the videos and images that any of the podcast listeners can check out. It’s shocking to read about it but in fact, a lot of modern art was financed by the US government and particularly the CIA as a part of The Cold War. Yes. I am an artist and I’ve been working many different mediums over the years. If you knew what was going to happen in the future, when you needed to spend money, and you knew when you were going to earn the money, you could make it so that you never hold money. Education Austrian Economics Overview. Bitcoin economist & carnivore grill-master. Specifically, picking on those people is very important. Saifedean Ammous Wife And Family. It’s not that. Saifedean Ammous: Thank you so much, Brady. this whole thing is propped by the fiat system and I never considered that, so you just blew my mind with that monologue. oh well he’s just grandpa and he likes the old days”. Saifedean Ammous Joins the Crew at Plan B to Talk About Crypto Twitter May 11, 2020 Bitcoin Standard's Saifedean Ammous talks with Nolan Bauerle and … Saifedean Ammous: Bitcoin twitter is an incredible force of nature. Art made for commercial reasons is something that you produce quicker, with a lower time preference and under different guidelines because you’re looking to create beauty. For many people, that’s a good that they’re willing to pay for. She managed them all and she was the boss of the entire operation. Can you work out how much poorer you become over that peroid just because of that? The way I am looking at it currently, there are all these incentives in contemporary and modern art to make political or ideological statements. Plan b observed that because bitcoin's mining flow gets cut in half every four years, bitcoin's. Alright, absolutely, I can even share my screen. I thought, this guy is narrow minded, he’s not thinking right. He is the author of The Bitcoin Standard. Bye-bye. The Bitcoin Standard: The Decentralized Alternative to Central Banking. Yes, and this happened entirely through the bitcoin network, basically twitter. We can’t just let the Soviets beat us to garbage art! It’s not fun, I’m sure you had to turn down many days on the beach in Miami and many parties and many nights out in order to make this thing happen. It’s absolutely amazing when you think about it in that way. Guest’s Book. But the reason we do hold money is that the future is uncertain. The Soviets were producing their own brand of garbage fiat art, so the Americans felt they needed to produce even. There’s hope though. You also see the reflection of time preference on individuals. AUSTIN, Texas–(BUSINESS WIRE)–Blockcap, Inc. (“Blockcap”), one of North America’s largest digital asset mining companies, today announced that Bitcoin luminary Saifedean Ammous will serve as a strategic advisor to the company. They’re very different from the current day musicians. Find Dr. Saifedean Ammous at his website: saifedean.com, and on Twitter … It’s going to dry out eventually, the stock to flow will be infinite and there’s not going to be any more of it. It makes sense for people to keep inflating the value because it helps them make donations that are tax deductible. Using bitcoin magic, you’re able to use this giant piece of wood as a block explorer. That’s seven months invested in low time preference art. Crypto kitties all the way down. On the one hand, if I was going to be doing it for free, I will not be making any income from it, I’m not going to be able to dedicate as much time doing it. The way that the wood updates, right now we did a hackathon project in Miami where we do light projection onto the sculpture. But epidemiologist morons get pai… I was thinking about adding intro music to the podcast, I’ve not done it yet, and I was thinking of adding part of her songs as intro music. There’s an enormous amount of government funding for modern arts and I think there’s a very compelling case for why it should be a big flat 0. Bitcoin could fix this in both senses. I didn’t understand what money is or why things were important, but things like scarcity, durability, fungibility, verifiability, portability, divisibility, all these things that ring very true to me to such an extent that I had to encode and engrave this on something that I hope lasts 132 years or longer. That’s at S‑A-I-F-E-D-E-A‑N and George @GeorgeGammon. They sold these works for millions of dollars. [00:03:57] It’s something that has become quite popular in these insane ti I’ve done t-shirts, jewelry, pencil drawings, pretty much anything. If you bring up something that’s bullshit, people are going to call you out on it very quickly. So, it’s really just a Dropbox with a Ponzi scheme. NFT is hot right now and the bitcoin maximalists make fun of the NFT people, they say :”. First of all, how did you react when you first read the book?

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