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/

// 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 //
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