November 26, 2022

What Did Jordan Peterson And Maxime Bernier Say About Bitcoin And The Austrians?

3 min read

The Bitcoinization of Jordan Peterson is a go. The renowned psychologist and media character had a Canadian political leader as a visitor in his podcast and could not help however touch on the topic. And Maxime Bernier was right there with him, which result in a short conversation about Austrian Economics. Despite the fact that both Peterson and Bernier are controversial figures, they’re as mainstream as it gets. This isn’t Bitcoiners preaching to the choir.

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As if he was strolling through a minefield, Jordan Peterson approached the subject carefully and in a non-comital method:

“The cryptocurrency types. You know? Individuals who’re pressing Bitcoin in particular, make the extremely extreme claim that it would be better for everybody if the whole service of money was secured of the hands of federal government completely. Which’s basically what Bitcoin enables. A minimum of at the present time.”

Surprisingly for everybody not acquainted with the politician, Maxime Bernier concurs and flashes his Austrian Economics credentials. Peterson follows the bread crumbs and asks him about that, Bernier answers:

“I think, yes. The cycles that we have, the ups and downs in the economy, is because of the Central Bank. Cash is everywhere, and if you create too much cash out of thin air, you’ll have inflation. And distortion in the economy. And the boom and bust that we have. So, I 100% agree with Mises, Rothbard, Hayek, and these economists.”

For more details and Austrian Economics’ ideas, examine The Bitcoinist Book Club‘s analysis of “The Bitcoin Standard.”

BTCUSD price chart for 09/18/2021 - TradingView

 BTC price chart for 09/18/2021 on FTX|Source: BTC/USD on TradingView.com So, Who's Maxime Bernier? In the video's information box, Jordan Peterson's team notifies:"In this episode, Dr. Peterson is signed up with by the Honorable Maxime

Bernier, leader of individuals's Party of Canada(PPC), previous MP of Beauce (2006-2019 )and prospect for the Prime ministership of Canada."In 2017, Maxime Bernier tried to win the head of the Conservative

Party. He stopped working. The next year, they eliminated him from the Official Opposition shadow cabinet. Later on that year, he founded individuals's Party of Canada. In 2019, the unique party didn't do so well, but, cut to 2021 and individuals's Party of Canada is suddenly on everyone's radar. The National Post describes the main reason:"With demonstrations versus COVID-19 public-health measures growing, Bernier has used a deep well of resentment about the way Canadians

have had to live for the past 18 months, and fears about what the next months will appear like."Apparently, the People's Party of Canada is en route to get 6%in the next Canadian elections. If it takes place, they'll become one of the significant political forces in the nation. The Washington Post discusses the scenario:"Six percent is not an outstanding figure unto itself, and it's most likely the celebration will not win a single parliamentary seat. Yet the Green Party won no seats and 4.3 percent of the popular vote in the 2004 basic election and was nevertheless quickly institutionalised by the media. Proclaimed among Canada's"significant parties." What Does Jordan Peterson Think About Bitcoin

? The Canadian psychologist gained from the best.

He had 4 of the brightest minds in the Bitcoin space discussing everything to him, and he got most of it on the first try. We at Bitcoinist broke down the episode, bore in mind, and changed them into this analysis: Part 1, Part 2. The most remarkable quote was this one: Related Reading|Bitcoin Gains Steam With U.S. Politicians, Will It Become A National Movement? After listening thoroughly, Peterson synthesizes

those concepts in a quote for the ages."Whatever energy is expended in the production of Bitcoin and the upkeep of the system should be more than recouped by

the increased efficiency of every system that uses Bitcoin as a transactional device."Boom! If we take that into account,"There'll be a net energy gain and not a net energy loss if you determined it throughout the whole system."That discussion sparked the Maxime Bernier one. One of Canada's most significant stars speaking about Bitcoin in great light with a significant political candidate. Who would've thought? Included Image: Screenshot from the video|Charts by TradingView

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