This episode of the Bitcoin Infinity Academy cover Bitcoin: Independence Reimagined Chapter 13: Laws and Effects

Read the chapter on Nostr:
https://primal.net/infinity/independence-reimagined-chapter-13-laws-and-effects

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The Bitcoin Infinity Academy is an educational project built around Knut Svanholm’s books about Bitcoin and Austrian Economics. Each week, a whole chapter from one of the books is released for free on Highlighter, accompanied by a video in which Knut and Luke de Wolf discuss that chapter’s ideas. You can join the discussions by signing up for one of the courses on our Geyser page!

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0:00 Intro
02:11 Laws and Effects
03:06 Subjective Theory of Value
06:40 Supply and Demand
09:26 Stock to Flow
18:12 Gresham's and Thier's Laws
22:57 The Cantillon Effect
24:35 Zero Marginal Cost
29:14 The First Law of Thermodynamics
30:54 The Price of Money and the Prices of Everything Else
35:22 Metcalfe's Law
38:23 The Byzantine Generals Problem
45:49 The Black Swan Theory
48:18 The Lindy Effect
50:42 Roko's Honey Badger
54:55 Mass Adoption and Exponential Growth
56:50 Wrapping Up