137: Rakesh Ramachandran on Crypto Economics and How Knowledge of Austrian Economics Created His Blockchain Company QBRICS

Rakesh Ramachandran in co-founder and CEO of QBRICS, an enterpreise blockchain platform company.

Rakesh is self-thought in economics and created QBRICS based on his readings of Austrian economics.

He is a long-time listener to the podcast and I’m thrilled to to share this conversation with you.

In this episode Rakesh mentions and discusses:

• QBRICS
• Cryptocurrency
• Blockchain technology
• Problems with cryptocurrency – volatility which limits transactions and a pure technology problem.
• Scarcity in economics and why cryptos are better that fiat currencies.
• FEMA – Foreign Exchange Management Act (India)
• Venezuela’s cryptocurrency Petro 
• Quantum Resistance Encryption Method 
• General Data Protection Regulation (GDPR) 

Books:

• The Bhagavad Gita
• The General Theory of Employment, Interest and Money by John Maynard Keynes
• The Wealth of Nations by Adam Smith
• Human Action by Ludwig von Mises
• Tractatus Logico-Philosophicus by Ludwig von Wittgenstein
• Boyhood Days by Rabindranath Tagore
• Kalidasa – sanskrit poet

Patreon

If you’re a fan of the podcast and would like to show your support in anyway, please check out my Patreon page at www.patreon.com/economicrockstar where you can sign up for any of the awards for as little as $1 a month or you can simply follow me on the Economic Rockstar Facebook page or on Twitter or simply recommend the show to a friend, especially if they have never had the opportunity to study economics.

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