Saifedean Ammous: Israel/Palestine/Canada/The West/El Salvador/Government/Crime/Taxes/Fiat/Bitcoin

In this Nomad Capitalist Live 2024 interview, economist Saifedean Ammous, author of "The Bitcoin Standard," "The Fiat Standard" and "Principals of Economics," delves into many subjects, and explains how Bitcoin, unlike the US dollar, appreciates in value over time and, hence, should be held by individuals, as well as governments alike.

Saifedean Ammous also shares his upbringing as a nomad and experiences living around the world. Additionally, he details how El Salvador's embrace of Bitcoin is transforming the Central American country and making it wealthy.

00:00 The Problems with Holding Dollars
01:04 Saifedean Ammous: Nomad by Birth and Global Citizen
02:11 Jordanian Citizenship and Advantages of Living in Jordan
07:22 Jordanian Passport vs. "Tier A" Western Passports
11:10 Saifedean Ammous: What is Really Scary about Canada
13:22 Complications and Restrictions in US and Western Countries
14:31 Are Governments Relying on Taxes or Money Printing?
15:58 Palestinian Identity and Appreciation for Bitcoin
16:58 Saifedean Ammous on Israeli-Palestinian Conflict
18:12 Freedom, Prosperity and Safety in Middle East vs. United States
23:34 Innovation in Dubai and Gulf Countries—London and Hong Kong Models
25:04 Debt, Taxes and Money Printing in Legacy Brand Countries
29:11 US Debt Tipping Point and Does it Make Sense to be American?
31:18 Reasons to Hold Bitcoin Instead of Dollars
31:50 Sense of Security as a Jordanian Citizen
33:32 El Salvador's Transformation Under Nayib Bukele
34:20 El Salvador Buying Bitcoin and Accumulating Wealth
38:26 Will El Salvador Maintain its Success?
40:59 Fiat vs. Hard Money Determining Whether People are Future-Oriented
42:29 Western Media Criticism of Nayib Bukele and How Global Power Structure Works
44:55 Review of Bitcoin Beach—El Zonte, El Salvador

Original Video by Nomad Capitalist: https://www.youtube.com/watch?v=gpNWh4SI1F0

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