Why Austrian Economists Didn’t See Bitcoin Coming with Vijay Boyapati (WiM324)

Vijay Boyapati joins me to discuss the misunderstanding of Bitcoin by the Austrian economists, the hype cycles of Bitcoin, and the future of the U.S. economy.  Vijay Boyapati is an Austrian economist and author. // GUEST //  Twitter: https://twitter.com/real_vijay Book: https://www.amazon.com/Bullish-Case-Bitcoin-Vijay-Boyapati-ebook/dp/B09CT4SX2X/  Website: https://vijayboyapati.medium.com/ // SPONSORS //  In Wolf's Clothing: https://wolfnyc.com/ iCoin Hardware Wallet (use discount code BITCOIN23): https://www.icointechnology.com/ Gold Investment Letter: https://www.goldinvestmentletter.com/ CrowdHealth: https://www.joincrowdhealth.com/breedlove Wasabi Wallet: https://wasabiwallet.io/ Casa (use discount code BREEDLOVE): https://keys.casa/ Bitcoin Apparel (use discount code BREEDLOVE): https://thebitcoinclothingcompany.com/  Feel Free Tonics (use discount code BREEDLOVE): https://botanictonics.com Carnivore Bar (use discount code BREEDLOVE): https://carnivorebar.com/ // OUTLINE //  00:00 - Coming up  00:55 - Intro  02:28 - Helping Lightning Startups with In Wolf's Clothing  03:14 - Introducing Vijay Boyapati  03:44 - Introduction to the Austrian Economics  05:30 - Vijay's Journey down the Bitcoin Rabbithole  06:31 - How the Austrians Misunderstood Bitcoin  07:52 - What is Money: A Question of Significance  09:53 - Interpreting the Mises’ Regression Theorem  12:14 - Misinterpretation of Bitcoin’s Value  13:44 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet  14:40 - Maximize Your Profits with Gold Investment Letter  15:36 - Take Control of Your Healthcare with CrowdHealth  16:38 - The Feedback Loop of Speculation  21:31 - Modifying Austrian Economics to Incorporate Bitcoin  23:13 - How Reservation Demand Influences Asset Value  25:25 - The Hype Cycles of Bitcoin  27:14 - Bitcoin Adoption Will Take Time  28:20 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet  29:11 - Hold Bitcoin in the Most Secure Custody Model with Casa  30:00 - How the U.S. Avoided Hyperinflation  32:47 - Understanding the Loan Policy of the Banks  35:12 - How the U.S. Caused an Inflation  36:29 - The Problem with the Federal Reserve  38:31 - Solving the Debt Crisis  39:36 - The Future of the U.S. Economy  42:02 - The Dilemma of Increased Productivity and Inflation  43:05 - Where to Find Vijay's Work  // PODCAST // Podcast Website: https://whatismoneypodcast.com/ Apple Podcast: https://podcasts.apple.com/us/podcast... Spotify: https://open.spotify.com/show/25LPvm8... RSS Feed: https://feeds.simplecast.com/MLdpYXYI // SUPPORT THIS CHANNEL //  Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7  Sats via Strike: https://strike.me/breedlove22 Sats via Tippin.me: https://tippin.me/@Breedlove22 Dollars via Paypal: https://www.paypal.com/paypalme/RBreedlove Dollars via Venmo: https://account.venmo.com/u/Robert-Breedlove-2 The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101 // WRITTEN WORK //  Medium: https://breedlove22.medium.com/  Substack: https://breedlove22.substack.com/  // SOCIAL //  Breedlove Twitter: https://twitter.com/Breedlove22 WiM? Twitter: https://twitter.com/WhatisMoneyShow LinkedIn: https://www.linkedin.com/in/breedlove22/ Instagram: https://www.instagram.com/breedlove_22/ TikTok: https://www.tiktok.com/@breedlove22 All My Current Work: https://vida.page/breedlove22