September 2025

The Fiat Standard — Lecture 14 (Bitcoin Scaling) • Study Notes Overview 1. The Naïve Scaling Approach: Bigger Blocks 2. Why On-Chain Scaling Won’t Happen 3. Market for Scarce Block…

The book is divided into three parts: Chapter 13 opens the third part. It explains how Bitcoin possesses four key properties that directly address fiat’s failures: Conclusion:Bitcoin doesn’t promise utopia.…

Mainstream critiques of Bitcoin often obsess over its energy consumption, comparing it to entire nations. Yet almost no one asks the parallel question: what are the costs of fiat? This…

This lecture examines how the fiat monetary system reshaped global geopolitics, empowering states through reserve-currency arrangements, central banks, and international financial institutions. Fiat states are not simply domestic entities —…

While the 99% are consuming brain rot, delete your Instagram, YouTube app, and all social media. No X, podcasts, no distractions, no email, no news- just pay for media and…

This lecture explores how the fiat monetary system has distorted global energy markets, particularly since the 1970s. Instead of addressing the root cause of rising energy prices — monetary inflation…

This lecture examines how fiat money distorts education and science. Just as fiat money corrupts food production and consumption, it also undermines schools, universities, and the scientific process by centralizing…

Fiat money did not make food scarce — it made nutrients scarce. Industrial farming, subsidies, and dietary guidelines shifted diets from nutrient-dense traditional foods to cheap, addictive, nutrient-poor substitutes. The…

When money is corrupted, life is corrupted. Fiat’s most profound effect on society is through its impact on time preference. By making saving harder, fiat raises time preference, shortens horizons,…

Fiat is not without advantages. While it undermines savings and stability, it excels in three areas: government finance, salability across space, and bank profitability. These features explain why fiat persists…

Fiat balances are not neutral “savings accounts” but negative, fragile, and revocable debt positions. The system incentivizes borrowing over saving, subsidizes debtors at savers’ expense, and erodes the very notion…

In fiat, lending = mining. New money is “issued” when licensed institutions create credit; physical cash merely converts digital balances to paper. The only durable brake isn’t code or chemistry—it’s…

A dispassionate “engineering study” of fiat: how the network functions, how money is actually created, and why central banks’ monopolies undermine savings, trade, and long-term growth. These four combined =…

How fiat began: not through deliberate design, but as a political workaround for insolvency and war financing. The “never-ending bank holiday” is the protocol installation of fiat. Outcome: Both sterling…

Course kickoff and framing for Dr. Saifedean Ammous’ The Fiat Standard: why study fiat as a technology, how it differs from Bitcoin, and how the course/book are structured. “Most fiat…

The Sermon on the Mount is so radical that if it were truly lived out at scale, 99% of the problems in modern life would be dismantled

What’s poppin, people? It’s Dante. Today, we’re going to discuss why you should shoot everything in street photography. To photograph with no limits, what this means to me, and how…