logo
episode-header-image
May 2021
1h 1m

57. Elon Musk: The Fiat Rockefeller

Dr. Saifedean Ammous
About this episode

In this episode Saifedean talks to regular seminar attendees about Elon Musk’s recent bitcoin comments, and what they teach us about him & his business empire. Saifedean compares Elon Musk to John D. Rockefeller – both the richest men in the world in their eras – and discusses the extent to which their innovations have had an impact on the lives of everyday people, to give us an idea of how fiat alters society. To become the richest man in the world, Rockefeller built the modern industrial world, transforming the lives of billions, while Musk traded carbon credits & received subsidies to unprofitably build a few toy cars for the rich.

Enjoyed this episode? You can take part in podcast seminars, access Saifedean’s courses and read chapters of his forthcoming books by becoming a Saifedean.com member. Find out more here.

THE BITCOIN STANDARD TOOLKIT/SPONSORS

NYDIG - https://nydig.com

Cyphersafe - https://cyphersafe.io/ 

OKCoin - https://okcoin.com/

Nodl - https://www.nodl.it/

Coldcard - https://coldcardwallet.com/

CoinBits App - https://coinbitsapp.com/

Up next
Oct 7
294. The Fiat Standard Lecture 13: Why Bitcoin Fixes This
The Fiat Standard Lecture 13: Why Bitcoin Fixes This explains how Bitcoin compares to fiat & gold in salability across space, separates money & debt, ends credit monetization & allows a separation of money & state.You can buy the hardcover, ebook or audiobook in several languages ... Show More
36m 36s
Sep 30
293. The Fiat Standard Lecture 12: Fiat Cost-Benefit Analysis
The Fiat Standard Lecture 12: Fiat Cost-Benefit Analysis calculates the minor benefits of fiat & compares them to its massive destructive effects: wealth erosion, distorted markets, political power grabs, endless wars, societal decay & more.You can buy the hardcover, ebook or aud ... Show More
33m 1s
Sep 23
292. The Fiat Standard Lecture 11: Fiat States
The Fiat Standard Lecture 11: Fiat States shows how fiat exports inflation via reserve currencies, swaps market discipline for IMF/World Bank debt traps, bailouts & central planning, limits capital flow, increases poverty & turns development into a misery industry.You can buy the ... Show More
1h 4m
Recommended Episodes
Dec 2023
TIP593: Elon Musk by Walter Isaacson
On today’s episode, Clay shares the lessons he learned from reading Elon Musk by Walter Isaacson. As our audience knows, Elon is, financially speaking, one of the world’s most successful individuals as Forbes has his net worth estimated at $248 billion, making him the richest ind ... Show More
1h 57m
Aug 2016
Elon Musk
Elon Musk - by Ashlee Vance'How the billionaire CEO of SpaceX and Tesla is shaping our future' What a character. After creating Zip2 and selling it for around $20m, he pumped that all into X.com which became PayPal. After selling that to eBay, he received about $180m after tax. H ... Show More
34m 19s
Feb 2022
#825 Studying Elon Musk & The Founders Of Paypal w/ Jimmy Soni
Jimmy Soni is the author a brand new book called "The Founders: The Story of Paypal and the Entrepreneurs Who Shaped Silicon Valley" In this conversation we talk about Paypal and the individuals who made that company, and why PayPal is so important to Silicon Valley. Jimmy also s ... Show More
33m 47s
Nov 2023
The Man Who Followed Elon Musk Everywhere: "Elon's Dad Abused Him, His Trans Child Disowned Him, And Here Are His Secrets For Success!" Walter Isaacson
If you ever wanted to see inside the mind of the richest and most powerful man in the world, this episode is for you.Before becoming the world’s leading biographer, Walter Isaacson was formerly the chair and CEO of ’CNN’, the editor of ’Time’, and President and CEO of the ’Aspen ... Show More
1h 34m
Aug 2021
Did Fuller Predict Bitcoin?
R. Buckminster Fuller was a mentor to Robert Kiyosaki and in many ways is credited for inspiring the creation of The Rich Dad Company. Fuller was a was an American architect, systems theorist, author, designer, inventor, and futurist. Today’s guest, said “Fuller is one of the fin ... Show More
49 m
Dec 2021
Everything You Need to Know About DeFi and Crypto EXPLAINED | Tom Bilyeu
From crypto start-ups to volatile market scares reported everyday, you may still feel like you’re wandering in the dark trying to figure out what is going on. Aside from a top of the line curated list of interviews with leading experts in the finance industry here on this channel ... Show More
31m 29s
Mar 2023
Elon Musk by Ashlee Vance Biography - Book Summary and Review | Free Audiobook
Show notes / PDF & Infographic / Free Audiobook / Elon Musk is the renowned entrepreneur behind PayPal, SpaceX, Tesla, and SolarCity. Musk’s mission with each of these companies was to save humanity. In this book, Ashlee Vance provides an outline of the experiences that have made ... Show More
21m 7s