saifedean
Saifedean Ammous

Saifedean.com

Author of The Bitcoin Standard, The Fiat Standard, and Principles of Economics. Teaching economics on saifedean.com.

Public Key

npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak

NIP-05 Address

saifedean@primal.net

NIP-57 Address

saifedean@getalby.com

Profile Code

nprofile1qqsyx708d0a8d2qt3ku75avjz8vshvlx0v3q97ygpnz0tllzqegxrtgpzemhxue69uhkzarvv9ejumn0wd68ytnvv9hxgqg4waehxw309ajkgetw9ehx7um5wghxcctwvss2jlsq

Publishing to

atlas.nostr.land

eden.nostr.land

wot.utxo.one

Author Public Key

npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak

Show more details

Last Notes

2025-01-01 21:01:11

Bitcoin has now been working and trading for 15 full calendar years. It's time to see how it's doing and run some numbers.
On Jan 1, 2010, there were 1,624,000 bitcoin in circulation trading at around $0.001 each. The total market capitalization of bitcoin was ~$1,624.
On Dec 31, 2024, there were 19.803 million bitcoin trading at around $93,389 each, for a total market capitalization of $1.85 trillion.
In total over the 15 years, the size of bitcoin cash balances has increased by 110,400,000,000,000%, or around 110 billion percent.
If, during the next 15 years, bitcoin grows at only 1 ten millionth of its growth rate over the last 15 years, it grows to a total market cap of around $210 trillion, making it larger than all the world's fiat currencies and government bonds combined.
In such a world, a government may be able to keep its shitcoin alive if it doesn't inflate its supply too much (a big if, and an even bigger may). Whether they do or do not is largely inconsequential, because either way, inflation won't be able to touch the majority of the world's wealth.
Any bitcoin bearish thesis needs to present a coherent explanation for why bitcoin's next 15 years are going to have a growth rate that is significantly lower than a ten millionth of the rate of the past 15 years. Don't expect to hear one from people who get paid from the inflation bitcoin will kill.
Happy 2025!
Fiat is over if you want it!
https://image.nostr.build/ca557c49ced382d356a89d5ef181f3cbe68dc1eecd8b56619f7f102bb8bdd0ec.jpg

2024-11-29 15:58:19

- reply

No it's cheaper in terms of human time but more expensive in terms of fiat

2024-11-25 04:56:22

- reply

Yes! Stay tuned!!

2024-11-16 15:16:44

- reply

I've had him on my podcast before!

2024-10-06 05:27:40

- reply

They're a fiat scam. See my podcast with Malcolm Kendrick.

2024-10-06 05:27:12

- reply

I am good thank you. I'm not in Lebanon anymore if that's what you're asking about.

2024-07-22 06:36:03

- reply

Nothing like it

2024-07-18 14:40:59

- reply

I wonder about the same thing and think you're probably right

2024-07-14 16:56:22

- reply

Riverside is shit. It ruins conversations by having a huge lag and causes people to keep speaking over each other. Streamyard is a lot better.

2024-07-07 14:52:12

- reply

Thank you!

2024-05-24 17:12:20

- reply

He's not saying it wouldn't decrease the purchasing power, he's saying the decrease would not be exactly inversely proportional to the increase in supply

2024-05-24 17:08:27

- reply

Thank you!!

2024-02-16 09:27:29

- reply

Yes the copy feels and looks great. But no there are no edits added

2024-02-16 09:21:40

- reply

Yes

2024-02-11 19:38:18

- reply

Only if you get it from thesaifhouse.com

2024-01-18 14:00:36

- reply

It really is me. I posted my npub on Twitter

2023-12-05 09:30:24

- reply

By fixing the money to lower our time preference

2023-11-14 15:49:00

- reply

Yes I'd love to get Savory and I've reached out but haven't heard back. Let me know if you have a good way of reaching him.
We're using Buddyboss, WordPress and TalentLMS

2023-11-14 13:00:12

- reply

Happy happy birthday!!

2023-10-20 18:07:57

- reply

It's in the works 👍 coming soon from Konsensus Network

2023-10-08 14:13:42

- reply

Yes, I know him and I orange pilled him a long time ago... And, believe it or not, I even helped carnivore -pill him! I'll let him know about nostr

2023-10-08 14:08:39

- reply

That's the plan

2023-10-07 05:56:31

- reply

I can, but not in a nostr post. I've written three books which discuss these enormous questions in detail if you're interested. The Fiat Standard is probably the one most relevant to this.

2023-10-04 18:03:45

- reply

You can! We ship worldwide

2023-10-04 09:16:50

Delighted to announce the launch of my publishing house and online bookstore TheSaifHouse.com, publishing the best Bitcoin and economics books in high quality cloth hardcover and audiobook and ebook and offering 10% off for payment in bitcoin!
To launch, we're selling a fine cloth cover version of @npub1a2c…w83a's new book, Broken Money, as well as Fiat Food, Matthew Lysiak's forensic investigation into how inflation ruined the modern human diet and health.
You can get these two books, as well as my Principles of Economics, The Fiat Standard, and The Bitcoin Standard, all in hardcover for $99 only ($89.1 if paid in bitcoin!)
https://image.nostr.build/453234dd04b3233ba7cdbbc5e56e2b0f05a60b6a39d575365aa28103c81ed618.jpg

2023-10-04 09:04:06

- reply

Just check out and choose to pay with Bitcoin. Many are doing this every day. If you're having trouble with anything email info @ saifedean.com

2023-09-29 12:35:40

- reply

Awesome! I saw that the book is sold out on the Russian website and I don't know where you can get a physical copy... BUT you can pirate it in pdf from this link: http://library.lol/main/D9F1A4BE23427FCDDEAEAD847B85175F
And no I don't mind piracy, I think it's the best marketing!! Enjoy! 👍

2023-09-29 12:25:17

- reply

Thank you so much 🙏

2023-09-29 12:24:48

- reply

Thank you 🙏🙏

2023-09-24 16:49:47

- reply

Unfortunately no

2023-09-24 16:49:35

- reply

Life's too short to mince words🤝

2023-09-24 06:31:57

- reply

Nope it really is me. I tweeted my public key on Twitter a while back!
https://twitter.com/saifedean/status/1643183805602189314?t=49IINCQDyWM2cFus4ltQYw&s=19

2023-09-24 05:47:58

- reply

Hello! Yes I'm here! I've also got two more books you might enjoy: The Fiat Standard and Principles of Economics!

2023-09-12 16:23:27

- reply

Thank you!

2023-09-12 16:05:46

- reply

I spoke at this conference four years ago, not sure why they still have my pic.

2023-08-18 20:16:33

- reply

I don't know for sure but I don't take them personally because they seem suspect and because why would I want to skip delicious meat to drink slop?

2023-08-08 11:15:43

- reply

I'm good friends with Amjad. He's a bitcoiner and won't be pushing any shitcoin nonsense. And yes, I really hope he helps orange pill the crown prince!

2023-08-08 11:13:09

- reply

Thank you!!

2023-08-08 11:12:43

- reply

It's already available from my website and will be on Audible very soon. We've finished submitting the files and everything required so it shouldn't be to long.

2023-07-17 08:54:53

Please beware impersonators!!
https://nostr.build/i/deea921084a1eeea905d22da6b1e129f2ee8d4f01ef45b9bbd04ef9186b714f0.jpg

2023-07-17 08:51:53

- reply

I'm not sure honestly. Check with Konsensus Network, they'll probably know.

2023-06-07 22:43:13

- reply

Awesome to see, thank you!!

2023-06-03 11:12:34

- reply

The Otto Wilde classic is the best in the world, by far and I say this having tried many many grills. I discussed it here and you can get 10% off with the code saifedean

2023-05-31 07:42:32

- reply

You should have received a tracking link. If you haven't please email info at saifedean dot com

2023-05-31 07:32:11

- reply

They should have already shipped!

2023-05-30 12:09:01

- reply

I'm talking to someone this week about hopefully making it happen!! Stay tuned and sign up to my mailing list on my website to stay updated

2023-05-13 09:44:48

- reply

Thank you so much, really appreciate it 🙏

2023-05-04 08:07:26

Remember when the dogecoin con artist promised to end spam on Twitter, then declared victory over the spambots, and then all his fanbois pretended the spam went away and the problem was solved?

2023-05-04 08:04:35

- reply

No. Nothing. Nothing.
If you worry about how much money other people have, you need to grow up and focus on yourself, not take things from others. Uou are an immature child who was not raised properly. That child who used to get mad no matter how many toys his parents get him whenever he's see a child with another toy. That child needed to be raised properly and educated about the fact that his own life is in his hands and that others are not his enemy and that jealousy is sick and destructive.
My problem with fiat is that it lets some people make money for free while the rest have to work for it. THAT is a crime and a travesty that ends and I would guess it would lead to less wealth concentration, but I don't care about what others have. I just care about them not robbing me.

2023-05-04 07:56:33

- reply

Completely false. Germany & Japan dominated post WW2 industrialization with strong currencies, as does China now. The industrial revolution happened on a gold standard. Switzerland stayed on the gold standard and had the highest productivity in the world. The idea that destroying your currency creates industrialization is another criminal fiat lie to promote inflation and benefit parasitic scum. It's the equivalent of telling you that selling your work tools will increase your revenue and raise your productivity. You're destroying your capital stock and devaluing everyone's wealth, forcing them to sell more to survive, and then taking these added sales as a mark of success rather than criminal theft.

2023-04-29 20:41:36

- reply

7.5 years so far. I enjoy & benefit from it so much I don't think I'll go back to plants. See saifedean.com/meat

2023-04-28 21:28:16

- reply

Wow. I had no idea Nostr was so toxic I'd be accused of running an elaborate shitcoin scam just like that😂

2023-04-27 20:20:02

- reply

Have fun getting fat!!

2023-04-27 20:17:11

- reply

Eating meat only

2023-04-27 15:33:25

- reply

Awesome, delighted to hear this!!

2023-04-24 14:39:34

- reply

There are already two Persian translations out there. Pirated! Details in the link.

2023-04-24 14:05:18

🎉Five years ago today, The Bitcoin Standard was published!🎉
It's now been published in 36 languages worldwide!
Get yours in your language & pay in fiat or bitcoin, from: https://saifedean.com/tbs
https://i.imgur.com/IFPavXo.jpg

2023-04-21 21:10:06

- reply

Tax is theft. If a project is worth pursuing, people will willingly pay to pursue it. If people won't willingly pay for it, then it's not worth pursuing. The examples of government funding long term projects are basically grifts that go nowhere.

2023-04-21 17:10:35

- reply

If it was wise you and people who agree with you would be paying for it willingly. That you need fiat scam subsidies says you don't really believe it. I don't believe it's worth it either.👍

2023-04-21 10:37:07

- reply

This is gorgeous, I'll try it out👍

2023-04-20 18:54:37

- reply

Why aren't you paying for it willingly and forcing fiat users to subsidize you if it was such an amazing achievement? Also, that explosion didn't look very reusable today, did it? If only you were paying for it instead of everyone else on the world who doesn't give a shit!

2023-04-20 18:53:12

- reply

Exactly zero accomplishment except the amazing feat of getting otherwise intelligent people to treat the obvious waste like it's an accomplishment. The satellite internet thing is a stupid grift we've been over before. The rockets aren't achieving anything except sell pipedreams

2023-04-20 18:51:07

- reply

The subsidies are the obvious problem, and their presence is why people deal with this insane and obviously pointless stupid waste as if it were some glorious accomplishment. Everything looks good when you don't have to pay for it!

2023-04-20 15:30:26

- reply

There is exactly zero achievement. Just endless elaborate excuses to get gullible people to support government giving him money.

2023-04-20 15:26:07

- reply

I don't value it enough to take food off my kids'dinner table to pay for it. I believe all the TV viewers who care about it should pay for it themselves, and the fact that they can only do it by robbing me tells me all I need to know

2023-04-20 15:23:57

- reply

That just means it's becoming cheaper to blow things up in the air with no return. The idea that there is any benefit from this is just marketing

2023-04-20 13:54:51

So the dogecoin con artist is getting billions in government subsidies to launch massive rockets that do nothing more than blow up in the sky... And this is somehow a brave and heroic achievement and not just blatant theft because he's convinced TV viewers that these rockets will somehow take humanity to Mars. Do I have this right?

2023-04-15 09:44:57

- reply

Thank you!!

2023-04-15 09:43:19

- reply

Electricity is so cheap that you can only get it for 1-2 hours a day. For the rest of the day, you need private generators which are way too expensive for mining

2023-04-14 13:37:36

- reply

Tfw it hits me that the word count of the three books is practically the same as the number of bitcoin blocks it took to write them🤯

2023-04-13 20:25:32

- reply

He should be able to get it and doesn't need any background in the topic to enjoy it.

2023-04-13 20:22:40

1,044 pages in 326,000 blocks!
https://i.imgur.com/THIaKrj.jpg
https://i.imgur.com/IWkwUz8.jpg

2023-04-13 04:34:35

- reply

Thank you, and don't be too upset, clearly my words were the motivation Messi needed to win the world cup!

2023-04-11 23:34:37

Twitter people freaking out about CO2 and I'm just happy carbonhysterics will miss out on Bitcoin
https://saifedean.com/podcast/109-is-co2-the-climate-control-knob-with-tom-nelson

2023-04-11 23:31:02

- reply

Welcome to the party!

2023-04-10 22:56:28

- reply

Boil it, or fry it in butter, tallow, or ghee. Or do both!

2023-04-10 22:53:08

- reply

Sorry but I didn't even see that! Thank you sir!!

2023-04-10 19:31:59

- reply

Weston Price nutrition and physical degeneration .
Cate shanahan deep nutrition
And a bunch of books I reference in The Fiat Standard chapter on fiat food which you can read on saifedean.com/fiatfood

2023-04-10 19:18:56

- reply

The tastiest part of the animal. And probably the most nutritious too. Very different flavor, almost butter like. It's also absolutely delicious to boil the entire head and make soup and eat it. Best soup you'll ever have

2023-04-10 16:26:12

- reply

تكرم عينك! كبد ودرن/جبن وقلب
Liver, heart, and thymus😍
https://i.imgur.com/fCdsbYi.jpg

2023-04-10 16:19:27

- reply

Why??🥲🥲

2023-04-10 04:21:31

- reply

Chunk of lamb heart

2023-04-10 04:07:48

- reply

Before Bitcoin, basically 😂

2023-04-09 15:22:42

- reply

Most delicious and nutritious part of the cow, but you can't eat too much of it as it's too fatty. You need muscle meat

2023-04-09 15:15:48

If you've never had grilled ribeye with heart and brains, what are you even doing with your life?
#foodstr
https://i.imgur.com/Mmliie5.jpg

2023-04-09 06:14:53

- reply

Thank you, delighted to hear that!!

2023-04-09 05:58:53

- reply

I still think cables are much cheaper. Ultimately with all businesses, theoretical calculations are no match to economic reality. Can the business run profitably without resorting to government subsidies and contracts? All of Musk's scams rely on government subsidies and contracts and nothing about Starlink suggests it's going to be different.

2023-04-09 04:23:31

- reply

You can get much cheaper redundancy by having ANOTHER CABLE! It's not about what you think is nice to have; it's about what you'll actually pay for. Like Tesla, SiaceX and all this retard's scams, Starlink only works thanks to government contracts --i.e. theft. They don't work because consumers pay for them

2023-04-09 04:16:35

- reply

Astonishing how this con artist has convinced people who can read and write that putting thousands of satellites in space is more economical than A LONG CABLE. As long as it keeps the fiat gravy train going!

2023-04-09 02:02:41

- reply

It is already here. Most people online are using wired infrastructure

2023-04-08 19:10:24

- reply

I kind of refuse to believe the Mars stuff is a scam because I refuse to believe anyone is actually stupid enough to believe he's serious.

2023-04-08 19:08:09

- reply

A long cables does the same at approximately one millionth of the price.

2023-04-08 19:03:19

- reply

Long cables are much much cheaper than satellites. Maybe if people weren't wasting their money on another retarded idea from the grifter who brought us dogecoin, ruined Twitter and is hell-bent on uninventing the automobile, you'd have more broadband internet and less living vicariously as the teenager that got away with not growing up.

2023-04-08 14:37:29

- reply

Basically 95%+ of people who can afford starlink live in places with infinitely better and cheaper internet. Thinking you can finance thousands of satellites to orbit earth from revenue from people who are too poor to have broadband or proper infrastructure is the equivalent of thinking electric cars or dogecoin are not a retarded idea.

2023-04-08 13:08:05

- reply

It works in an easy money environment with plenty of investors chasing buzzwords being sold hopium about scaling and unrealistic expectations about price declines and revenue increase. But the economic sustainability of launching a very large number of satellites to satisfy the very small number of people who live in isolated areas is extremely suspect, just like every single other thing Elon has ever 'built'.

2023-04-08 13:03:00

- reply

The cost/benefit analysis of launching expensive satellites to deliver internet to the very tiny number of people who live in isolated areas away from cheap great internet seems extremely unworkable, no matter how much you would like it to work. Nobody has created a tropical paradise full of supermodel servants just for you, either, but that doesn't mean that anyone trying it must succeed.

2023-04-08 02:40:44

- reply

Yes sir

2023-04-07 20:39:44

- reply

Don't count on it lasting long. Like all his ideas its shell life is attracting investors, not operating sustainably and profitably

2023-04-07 20:05:57

- reply

His internet satellite thing is also an unworkable scam. All his genius ideas are always on the verge of changing the world, they just need more government support before they do.
Notice when actual inventions are going to change the world, their producers are too busy making them to ask anyone for money. The ICE car, airplane, or iphone did not need decades of subsidies like the electric car or his rockets to nowhere.

2023-04-07 19:33:04

- reply

I have come for you!