Ampleforth Presents: Friedrich Hayek Predicts The rise of Stablecoins, Bitcoin and Cryptocurrency

Ғылым және технология

In 1974 Friedrich Hayek won the Nobel Prize for Economics. Hayek was awarded the Nobel Prize for his pioneering work in the theory of money and economic fluctuations. Fast forward to today where many of his predictions are coming to life in the form of cryptocurrencies.
To learn more, please visit www.ampleforth.org/
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Пікірлер: 128

  • @fanvalryinc6527
    @fanvalryinc65273 жыл бұрын

    This is chilling to watch. He literally just described bitcoin

  • @augustus331

    @augustus331

    Жыл бұрын

    No. Bitcoin is stupid due to its destructivity to the planet.

  • @piratesilver2786
    @piratesilver27863 жыл бұрын

    Wow. Just wow. Hayek was clearly waaaaaaaay ahead of his time.

  • @Bitcoinssg

    @Bitcoinssg

    9 ай бұрын

    😊

  • @Joz3d
    @Joz3d5 жыл бұрын

    We finally know who Satoshi is!!

  • @Headset537

    @Headset537

    2 жыл бұрын

    This man died 1992... Bitcoin was invented 2009... unless he faked his death at 92 yrs old and took the alias "Satoshi Nakamoto"

  • @acevedodamian

    @acevedodamian

    Жыл бұрын

    @@Headset537 it means the idea, not real world implementation

  • @yourpapafux

    @yourpapafux

    Жыл бұрын

    Everything great comes from austria 😉

  • @junkfire4554
    @junkfire45545 жыл бұрын

    Interesting choice to have an interview play in the background of your music video

  • @darko6075

    @darko6075

    3 жыл бұрын

    Braindead editing at it's best

  • @The22Walli

    @The22Walli

    3 жыл бұрын

    Very Philip Glassesque style of music

  • @cryptowizard9578
    @cryptowizard95782 жыл бұрын

    My greatest salute to Mr Hayek. Love and respect from India ❤️.

  • @morningstar3188
    @morningstar31882 жыл бұрын

    Yes! I love this man's mind. Separation of money and state = freedom. The people shall have their freedom.

  • @1080lights
    @1080lights2 жыл бұрын

    He said "spontaneously grown institutions" not "spontaneous government institutions." In this context, that's a rather large difference in meaning.

  • @damageinc.3695
    @damageinc.36953 жыл бұрын

    This made me cry with joy. I truly hope this works.

  • @andrews476
    @andrews4762 жыл бұрын

    “ all we can do is by some sly roundabout way” he predicted the way Bitcoin will be ran.

  • @gottfriedrosenberger2081
    @gottfriedrosenberger20813 жыл бұрын

    It is a pity that no one has given coin name after this big economist of the Austrian School of Economics.

  • @seansweikow5453

    @seansweikow5453

    3 жыл бұрын

    It is a pity that in the mad rush of creating capital in these markets if a small party were to use this name and ideology in creating a token , they would fail to overcome the flow of liquidity into a shrewd team utilizing influencer dollars and meme names.

  • @halinallet652

    @halinallet652

    9 ай бұрын

    Maybe we should declare 0.01 satoshi or something to be called as one hayek.

  • @Stupidiusity

    @Stupidiusity

    24 күн бұрын

    ​@@halinallet652 I second this

  • @atomiccBTC
    @atomiccBTC Жыл бұрын

    Well, he only predicts Bitcoin and that's good. Masterpiece of a video

  • @juliusilori
    @juliusilori3 жыл бұрын

    WOW!!!!....Hayak was SOOOO far in front it is almost scary. If he were alive today just imagine the BOOST and GRAVITY he would have contributed to Cryptocurrencies and Bitcoin in particular! ..😉

  • @toddmaek5436

    @toddmaek5436

    3 жыл бұрын

    They would probably try to tarnish him like they do everybody else.

  • @Alexsh842

    @Alexsh842

    7 ай бұрын

    I would like him to see all that development today. He probably would be a bitcoin wale 😂

  • @MrMomboso
    @MrMomboso2 жыл бұрын

    It gave me goosebumps

  • @Mayberry144
    @Mayberry1443 жыл бұрын

    Very beautiful video. Just loaded up on more AMPL

  • @dandymoderne
    @dandymoderne4 жыл бұрын

    Satoshi Nakamato is the son of Hayek. Buy bitcoin, mine it or use it. Separate the money from the hands of governerment (like in the past, state and religion)

  • @Bananagir2016
    @Bananagir2016 Жыл бұрын

    I say he described bitcoin once it stabilizes … but what a visionary. I’d say satoshi was a Hayek fan!!!

  • @austinbyrd4164

    @austinbyrd4164

    11 ай бұрын

    He literally was. Satoshi mentioned the austrian school in his white paper & other writings.

  • @grimmer2005
    @grimmer20055 жыл бұрын

    Teeth movement at 3:16 Cant be unseen :D

  • @djrt

    @djrt

    4 жыл бұрын

    Thats crazy, exactly where I paused the video! Haha Cheers Crypto! 2020 2021!

  • @max555ful

    @max555ful

    3 жыл бұрын

    @@djrt your comment is aging good if you are in erc20 and ethereum :D

  • @djrt

    @djrt

    3 жыл бұрын

    @@max555ful ETH RoLLiN 50 Holding 32 for POSA! Yeah Buddy

  • @InCaldera
    @InCaldera5 жыл бұрын

    Fantastic video except for the music. It was way too loud and detracted from the message. Otherwise, gotta say, what a visionary! Cheers.

  • @AmpleforthProtocol

    @AmpleforthProtocol

    5 жыл бұрын

    Thanks! Certainly agree with you on Hayek being a visionary. Also, appreciate the feedback- thanks.

  • @NeizaRamirez
    @NeizaRamirez3 жыл бұрын

    1:29 aloo amazing video me encanto aguardo por el proximo grabación me despido les mando cariños muchas gracias

  • @matthiasbraun8001
    @matthiasbraun80014 жыл бұрын

    Ampleforth is exactly he talked about in this video! :D

  • @wherearetheanswers

    @wherearetheanswers

    3 жыл бұрын

    Bitcoin.

  • @matthiasbraun8001

    @matthiasbraun8001

    3 жыл бұрын

    @@wherearetheanswers no. AMPL is a price-elastic token, meaning its supply adjusts in response. Thats the key for a stable currency. Bitcoin can't do that and is thus widely labeled and rightfully so as digital gold.

  • @wherearetheanswers

    @wherearetheanswers

    3 жыл бұрын

    You're hearing only what you want to hear.

  • @matthiasbraun8001

    @matthiasbraun8001

    3 жыл бұрын

    @@wherearetheanswers That is your argument/ answer? Seems like you do what you accuse me. Don't project yourself on others.

  • @wherearetheanswers

    @wherearetheanswers

    3 жыл бұрын

    @@matthiasbraun8001 I challenge you to a duel, you just activated my trap card!

  • @MarioRossi-tz7no
    @MarioRossi-tz7no Жыл бұрын

    Between 21 millions Bitcoin and 1 Satoshi there is plenty of room to honor Hayek!

  • @hyperlicht
    @hyperlicht3 жыл бұрын

    Thank you for posting this! What is the date of this video, please? The music is quite distracting. :-(

  • @user-qs9xs3fn4k

    @user-qs9xs3fn4k

    13 күн бұрын

    1984 James U Blanchard III Cato Institute Board Member and known for spearheading the relegalization of gold bullion ownership by US citizens and residents. He and his wife Jackie created the world's largest retail gold bullion company, Blanchard.

  • @ThorkilKowalski
    @ThorkilKowalski3 жыл бұрын

    Amazing

  • @muskduh
    @muskduh2 жыл бұрын

    Money innovation is the final revolution

  • @nixnix99
    @nixnix993 жыл бұрын

    Did ample buy this KZread account? Trying to wind back to clock here?

  • @Frontgecko42
    @Frontgecko423 жыл бұрын

    so true

  • @bombeu
    @bombeu3 жыл бұрын

    the man was to advanced for that time

  • @splodge9
    @splodge95 жыл бұрын

    Who was the first host? He was like the living dead!

  • @AmpleforthProtocol

    @AmpleforthProtocol

    5 жыл бұрын

    William F. Buckley en.wikipedia.org/wiki/William_F._Buckley_Jr.

  • @LegendaryBrandon1

    @LegendaryBrandon1

    5 жыл бұрын

    definitely a gloomy conservative.

  • @collinsrevie9600
    @collinsrevie9600 Жыл бұрын

    Its incredible to see the foresight such a talented man had for the inventions of the future, that will liberate us from the tyranny of centralised monetary policy! Any one want to trade XRP?

  • @allisterbernal5954
    @allisterbernal59543 жыл бұрын

    I don’t mind the music actually. Reminds me of an Errol Morris documentary.

  • @therespublica
    @therespublica Жыл бұрын

    Post the video without the music.

  • @tombo3689
    @tombo36895 жыл бұрын

    Hayek describes here the function of Ampleforth - if still alive today, he would be an advisor.

  • @btcgoat7150
    @btcgoat71504 жыл бұрын

    The Hayek instead of the Satoshi, I could see that haha...The question is if Hayek was given the opportunity, would the shadow banks ever step in? The claws are dug in even further at this point, opt out, buy bitcoin.

  • @DekuStickGamer

    @DekuStickGamer

    2 жыл бұрын

    when Satoshi becomes a few dollars, we can call fractions of a satoshi - a hayek

  • @yydd4954
    @yydd4954 Жыл бұрын

    The greatest of all time!

  • @bruceellacott9616
    @bruceellacott9616 Жыл бұрын

    He actually argues against a fixed magnitude of money which argues against bitcoin current and ultimately fixed amounts.

  • @newthirx4311

    @newthirx4311

    Жыл бұрын

    you're missing the point. He's not talking about the quantity of a money, but money in general. it don't matter if there is only 21million bitcoin, if there is also ethereum and other ones.

  • @ggunjaca

    @ggunjaca

    8 ай бұрын

    He couldn't envision the digital realm yet in which bitcoin although fixed in quantity, is infinitely divisible.

  • @peterlayer3588
    @peterlayer3588 Жыл бұрын

    A bit misleading title. He only predicted the rise of Bitcoin. Not stablecoins and other cryptos. Stablecoins are tied to the Fiat system. Other cryptos are not really decentralized and at times also follow the path of the current Fiat system. Bitcoin on the other hand is the only truly decentralized money system, it can't be stopped by governments, and it's the only currency which promises and is able to provide true scarcity.

  • @faruktabutcuogullar2614
    @faruktabutcuogullar26143 ай бұрын

    He explained it, but unfortunately he couldn't see it. Don't worry sir, what you said happened. We built something they can't stop.

  • @sophiaonyeabor-zema3397
    @sophiaonyeabor-zema33972 жыл бұрын

    He just described Bitcoin. Whomever Satoshi Nakamoto is 👏👏👏

  • @Pyramid789
    @Pyramid789 Жыл бұрын

    Oh my god.

  • @tobiasp2664
    @tobiasp26646 ай бұрын

    "Fighting Bitcoin is fighting a global, voluntary, opt-in network, that does nothing but utilize math and physics to enable value transfer via the exchange of messages. The game is on and we are winning. Peace, Love, and Truth are on our side."

  • @gurinderdua
    @gurinderdua Жыл бұрын

    I think geopolical pressures will push US hands into supporting Bitcoin based money and Ethereum secured Finance over the next decade. Specially if Chinese CBDC or some multilateral global variations of the same achieve greater traction

  • @rbol1965x

    @rbol1965x

    Жыл бұрын

    Ethereum is captured. The validators are already censoring transactions not approved by the US gov. Look into it. All you have to do to control the network is own more ETH. They already lost the battle. CBDCs are just a fiat that settles faster. Still has all the inflationary shortcomings of fiat. Every other major coin has insiders and CEOs that can be coerced. Only one, BITCOIN, fulfills Hayeks description stated in this video. Cannot be stopped. It is the apex predator and will hunt down and kill all of these weaker forms of money over the next 2 decades.

  • @AnthemBlanchard
    @AnthemBlanchard Жыл бұрын

    Rest in Peace ♥️☀️☮️

  • @Emorine
    @Emorine Жыл бұрын

    Genius

  • @RobertMurott
    @RobertMurott2 жыл бұрын

    2:20 The name of the unit is Satoshi!

  • @twessels1234
    @twessels1234 Жыл бұрын

    Music is too loud

  • @icoresearchgroup4175
    @icoresearchgroup41755 жыл бұрын

    Hayek is Satoshi?

  • @tombo3689

    @tombo3689

    5 жыл бұрын

    Is the supply of BTC flexible ? If not - Hayek speaks here about Ampleforth.

  • @chrismale9976
    @chrismale9976 Жыл бұрын

    Adam Back designed bitcoin from this man's philosophy

  • @brentgrover2515
    @brentgrover25152 жыл бұрын

    Haha that was awesome!

  • @sneezweasel
    @sneezweasel3 жыл бұрын

    Holy shit

  • @izzygirl61
    @izzygirl613 жыл бұрын

    1:23 aloo amazing video lo disfrute necesito el siguiente grabación me despido les mando kisses gracias

  • @MrYotar
    @MrYotar5 жыл бұрын

    Impossible to listen to the interview with such loud music playing! What a shame!

  • @friedrich7891
    @friedrich78913 жыл бұрын

    2:53

  • @perkan8290
    @perkan82905 жыл бұрын

    The lyrics was wierd in this song I must say, It didn't really fit the music.

  • @larissapat2831
    @larissapat28313 жыл бұрын

    $AMPL just got listed on MXC Exchange and added to Margin with 3x available

  • @l1m90
    @l1m903 жыл бұрын

    based

  • @johannesgehrs9888
    @johannesgehrs9888 Жыл бұрын

    The fucking music

  • @vbstreetz
    @vbstreetz3 жыл бұрын

    Just wow

  • @MishaVargas
    @MishaVargas5 жыл бұрын

    3:15 Teeth.

  • @boring.entertainment
    @boring.entertainment5 жыл бұрын

    The backing music is very distracting.

  • @protoplast.youtube
    @protoplast.youtube3 жыл бұрын

    annoying music sound :-(

  • @BFitz1976
    @BFitz19762 жыл бұрын

    And we did with Bitcoin

  • @beire1569
    @beire15694 жыл бұрын

    Hhooooooooly fuck! amazing...

  • @ivecommentedonyoutube7604
    @ivecommentedonyoutube76043 жыл бұрын

    $LINK

  • @masonhzx
    @masonhzx Жыл бұрын

    The only fact is you cannot get money out of government's hand.

  • @Brandon-xp1ob
    @Brandon-xp1ob7 ай бұрын

    He's Satoshi

  • @HeatherlyHayes
    @HeatherlyHayes4 жыл бұрын

    Music in the foreground ruins this video for me. Why add a distraction like that to an interview?

  • @zmuse
    @zmuse5 жыл бұрын

    Would have been way better to be able to hear him over the music.

  • @AmpleforthProtocol

    @AmpleforthProtocol

    5 жыл бұрын

    Great point, thanks- keeping that in mind for future videos

  • @johnathanmphoto
    @johnathanmphoto5 жыл бұрын

    Man, there is nothing I love more than struggling to try and listen to a guy with a heavy accent, as it's further drowned out by the loud music playing over it. You couldn't go with something more powerful by Philip Glass, like the soundtrack to Koyaanisqatsi, which was also used in Watchmen? Sad, great interview, ruined by dufus who doesn't know how to add music at half the volume so it's behind, not on top, of the speaking.

  • @salvame4657

    @salvame4657

    3 жыл бұрын

    You're so funny. But your points are true.

  • @quantum8945
    @quantum89455 жыл бұрын

    Why the hell would you put such loud music of over something like this?

  • @alec7114
    @alec71143 жыл бұрын

    lol the irony that ample is literally quantitative easing coin, hayek wouldve said youre doing the same thing as the fed, cus you are

  • @genericusername3039

    @genericusername3039

    2 жыл бұрын

    It would be QE if Ampl only added new Ampl into circulation only...But the negative rebase acts as an offset to that.

  • @alec7114

    @alec7114

    2 жыл бұрын

    @@genericusername3039 ‘nuh uh, we tweaked it a litte’

  • @generalsalami8875

    @generalsalami8875

    2 жыл бұрын

    Who cares if there's shit coins?

  • @JesusIsGod222
    @JesusIsGod222 Жыл бұрын

    Bitcoin

  • @lindajonesartist
    @lindajonesartist5 жыл бұрын

    Cryptocurrency. It's not just Bitcoin. If it were just Bitcoin, they could regulate it. Because types of cryptocurrencies are multiplying, it makes it much harder to regulate.

  • @labrocca

    @labrocca

    2 жыл бұрын

    That's nonsense. If it was just Bitcoin they still couldn't regulate it. Because for many years there was basically just Bitcoin, Litecoin, and a few others. Talking out of your ass.

  • @Bitcoinonly21

    @Bitcoinonly21

    2 жыл бұрын

    @@labrocca True! Bitcoin is the only decentralized one. All the others are just the same as Fiat but worse because they seem decentralized at first.

  • @generalsalami8875

    @generalsalami8875

    2 жыл бұрын

    @@Bitcoinonly21 no. There's other decentralized coins. Bitcoin is the most

  • @LorenzoPrimiterra

    @LorenzoPrimiterra

    Жыл бұрын

    Bitcoin wants to remove the printer from the hands of the governments. The shitcoiners just want to have the printer in their hands.

  • @ariel8856
    @ariel88565 жыл бұрын

    It's so unfortunate that the uploader ruined what could have been a very good video by putting music in the background and editing the video. Yes, the raw video, untouched, is what everyone was here for, not to see your poor editing skills.

  • @Bitcoinonly21
    @Bitcoinonly212 жыл бұрын

    Bitcoin only! Everything else is Fiat

  • @garybewsy
    @garybewsy4 жыл бұрын

    Buy bitcoin

  • @dukingproductions4729

    @dukingproductions4729

    4 жыл бұрын

    No buy AMPL

  • @Ralferator

    @Ralferator

    3 жыл бұрын

    Bitcoin has the problem that prices would not be stable. That's where Ampleforth fits in

  • @thefakenewsnetwork8072
    @thefakenewsnetwork80722 жыл бұрын

    Long live communism and freedom

  • @fanvalryinc6527
    @fanvalryinc65273 жыл бұрын

    This is chilling to watch. He literally just described bitcoin

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