The Fiat Standard Lecture 16: Bitcoin and Energy Markets discusses proof of work as a technological alternative to fiat’s political conflict, how miners seek zero-opportunity-cost energy globally, and why difficulty adjustment turns demand into network security.

You can buy the hardcover, ebook or audiobook in several languages on saifedean.com/TFS, where you can also find the full lecture notes available for free download.

You can also take the rest of Saifedean's courses by signing up to a membership on saifedean.com/membership

The Fiat Standard Lecture 15: Bitcoin Banking explores why demand for deposits, secure storage, and capital allocation continues under a Bitcoin standard, how high cash reserves and self-custody limit bank risk, and why deposit banking and equity investment naturally separate without a lender of last resort.

You can buy the hardcover, ebook or audiobook in several languages on saifedean.com/TFS, where you can also find the full lecture notes available for free download.

You can also take the rest of Saifedean's courses by signing up to a membership on saifedean.com/membership

The Fiat Standard Lecture 14: Bitcoin Scaling shows why on-chain scaling has hard limits, why block space must remain scarce to preserve immutability, and how economic incentives push smaller payments to second layers. It also explores how the Lightning Network brings fast, cheap transactions to Bitcoin.

You can buy the hardcover, ebook or audiobook in several languages on saifedean.com/TFS, where you can also find the full lecture notes available for free download.

You can also take the rest of Saifedean's courses by signing up to a membership on saifedean.com/membership

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 on saifedean.com/TFS, where you can also find the full lecture notes available for free download.

You can also take the rest of Saifedean's courses by signing up to a membership on saifedean.com/membership

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 audiobook in several languages on saifedean.com/TFS, where you can also find the full lecture notes available for free download.

You can also take the rest of Saifedean's courses by signing up to a membership on saifedean.com/membership

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 hardcover, ebook or audiobook in several languages on saifedean.com/TFS, where you can also find the full lecture notes available for free download.

You can also take the rest of Saifedean's courses by signing up to a membership on saifedean.com/membership

The Fiat Standard Lecture 10: Fiat Fuels shows how fiat distorts energy markets replacing reliable hydrocarbons with subsidized unreliable expensive fiat fuels, rewards climate hysteria over engineering imperatives, increases poverty & compromises human flourishing.

You can buy the hardcover, ebook or audiobook in several languages on saifedean.com/TFS, where you can also find the full lecture notes available for free download.

You can also take the rest of Saifedean's courses by signing up to a membership on saifedean.com/membership

The Fiat Standard Lecture 9: Fiat Science shows how fiat centralizes education and research funding, removes real market feedback, produces meaningless research papers, politicizes science, entraps students in massive debt, and rewards hysteria over truth.

You can buy the hardcover, ebook or audiobook in several languages on saifedean.com/TFS, where you can also find the full lecture notes available for free download.

You can also take the rest of Saifedean's courses by signing up to a membership on saifedean.com/membership