The What Bitcoin Did Podcast

The What Bitcoin Did Podcast

Jim O’Shaughnessy - From Wall Street to Bitcoin
Nov 12, 2019 --:--

Jim O’Shaughnessy - From Wall Street to Bitcoin

Location: New YorkDate: Tuesday, 22nd OctProject: O'Shaughnessy Asset Management, LLCRole: Chairman & Chief Investment Officer Jim O'Shaughnessy is a true Wall Street Legend and the best selling author of What Works on Wall Street and Invest Like the Best. With over 30 years of research in equity returns, Jim O'Shaughnessy is a pioneer of quantitative equity research, with over $6 billion under management. How he achieved this success is no secret, and his four books share, in detail, what he's learnt along the way. As a New York Times bestseller, he writes on the roles that value, quality and momentum all play in investing. His grandfather's success sparked Jim's interest in investing. O'Shaughnessy's grandfather built what was, one of the world's largest privately-owned oil companies, before giving away 95% of his fortune. It was family discussions around what to do with that money which got 17-year-old O'Shaughnessy interested in the markets. In this interview, I sat down with Jim to discuss his career, media power & bias, censorship and free speech, quantitative easing and investing. ----- Connect with Jim:- On Twitter @jposhaughnessy- On Wikipedia- At O’Shaughnessy Asset Management Mentioned in the interview:- Fourth estate- Mark Zuckerberg says Facebook and social media is a ‘Fifth Estate’- Preference falsification- 1984 by George Orwell- Mark Meechan, the man arrested for making his dog do a nazi salute- Ricky Gervais on free speech and offence- Innumeracy by John Paulos- Nixon shock- Executive Order 6102 - Franklin Roosevelt forbids the ‘hoarding of gold’- Rick and Morty and the Meaning of Life by Dan Jeffries- U.S. to monetise Its deficit- Quantitative easing- Quantum computing and Bitcoin- The cobra effect Other relevant WBD podcasts:- WBD161: Nik Bhatia on Why Bitcoin is a Response to Central Banks- WBD160: Dan Tapiero on Why Bitcoin and Gold Are Both Important- WBD154: Plan₿ on Bitcoin’s Stock to Flow- WBD140: Raoul Pal on Bitcoin as a Global Recession Hedge- WBD130: Bitcoin is More Than a Financial System with Zac Prince & Jeremy Welch- WBD116: The Quantum Threat to Bitcoin with Quantum Physicist Dr. Stepan Snigirev- WBD036: The Threat of Fractional Reserve Bitcoin from Wall Street with Saifedean Ammous & Caitlin Long- WBD032: Tuur Demeester on the Looming Debt Crisis and Central Banks for Bitcoin ----- If you enjoy The What Bitcoin Did Podcast you can help support the show my doing the following: Become a Patron and get access to shows early or help contribute Make a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: Bitcoin | Ethereum | Litecoin | Monero | ZCash | RipplecoinIf you do send a tip then please email me so that I can say thank you Subscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS Feed Leave a review on iTunes Share the show and episodes with your friends and family Subscribe to the newsletter on my website Follow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTube If you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.
Dark Markets and Bitcoin Adoption with Cedric Dahl
Nov 11, 2019 --:--

Dark Markets and Bitcoin Adoption with Cedric Dahl

Location: Los AngelesDate: Friday, 18th OctoberProject: 1000xRole: CEO Bitcoin is a public ledger, which allows anyone to view any transaction and address thus offer pseudonymity rather than anonymity. What this means is that Bitcoin can provide a certain level of privacy if your Bitcoin address is not attached to personal information, for example, exchange KYC data. Bitcoiners wanting to protect their privacy must take careful steps, a lapse in concentration can identify you as the owner of a particular address. By accessing a block explorer without using Tor or a VPN, posting your public key online, utilizing a KYC compliant exchange are all examples of how chain analysts can identify you. Because of this, Bitcoin may not seem like the perfect tool to facilitate transactions on dark markets, yet it currently accounts for the vast majority of them. So why is this? Bitcoin, by design, as a censorship-resistant currency enables dark markets. If you want to purchase something that your government deems illegal, and If you are willing to take the necessary precautions (using a VPN or Tor, CoinJoin and not reusing addresses) you can maintain your privacy. Since the Silk Road, Bitcoin has been the most used cryptocurrency used to buy drugs, firearms, identity documents and anything else from dark markets. By tracking the data in this space are we able to judge whether Bitcoin adoption is growing? And, is censorship resistance the only use-case that matters? In this interview, I talk to Cedric Dahl from 1000x. 1000x is a private think tank focused on researching Bitcoin usage data. We discuss dark markets, sanctioned states using Bitcoin and censorship resistance. NOTE: after initially posting this interview I received some direct messages questioning some of Cedric’s claims, company and track record. Wanting to avoid potentially promoting a scammer, I pulled the interview and discussed these items with Cedric. I am allowing the interview to be public as I believe listeners can make their own decisions but with the following notes:- I do not support or promote his business 1000x. I do not believe in tokens and the opportunity which Cedric and his team are targeting.- I can’t validate his record of entering into Bitcoin.- His dates regarding the Silk Road are wrong.- I can’t validate any other of his statements. ----- Connect with Cedric:- On Twitter @CedricMakes- On YouTube- On Medium- On LinkedIn- On Crunchbase- On AngelList- His Website- The 1000x Group Mentioned in the interview:- Silk Road- Bitcoin Whitepaper- Buttercoin- Lightning- Taproot- CoinJoin- Wasabi- Kim Dotcom Other relevant WBD podcasts:- WBD124: Bitcoin and Cannabis With Bitcoin Mom, Bill and Jack Mallers- WBD067: Gab's Andrew Torba on Why Bitcoin Is Free Speech Money- WBD056: Alex Gladstein on Why Bitcoin Matters for Freedom- WBD027: The Supreme Courts Denial of Ross Ulbricht's Petition with Lyn Ulbricht- WBD010: Losing Your Son to the Prison System - The Silk Road and Ross Ulbricht with Lyn Ulbricht ----- If you enjoy The What Bitcoin Did Podcast you can help support the show my doing the following: Become a Patron and get access to shows early or help contribute Make a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: Bitcoin | Ethereum | Litecoin | Monero | ZCash | RipplecoinIf you do send a tip then please email me so that I can say thank you Subscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS Feed Leave a review on iTunes Share the show and episodes with your friends and family Subscribe to the newsletter on my website Follow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTube If you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.
Is Bitcoin Selling Out with Joe Weisenthal
Nov 08, 2019 --:--

Is Bitcoin Selling Out with Joe Weisenthal

Location: New YorkDate: Friday, 25th OctoberProject: BloombergRole: Editor The Winklevoss twins first Exchange Traded Fund (ETF) application was rejected by the Securities and Exchange Commission (SEC) in March 2017. In the 2 ½ years since, there have been a number of other applications for an ETF, all of which have been rejected, with the SEC citing concerns regarding manipulation, volatility and fraudulent activity. But does a government-granted ETF fit with the ethos of Bitcoin? Bitcoin was born out of the cypherpunk movement, with the goal of taking power away from the government by giving people a trustless and censorship-resistant monetary system. As such. seeking approval from a government-run body for an investment fund is seemingly against this ideology. It seems apparent that most Bitcoiners’ motivation behind seeking an ETF is likely down to money. The added liquidity, easy access to investors and media coverage an approved ETF would garner may well lead to a price increase and thus an ETF approval seems like an easily identifiable path to another bull market. Could this be interpreted as Bitcoiners being hypocritical and caring more about the price of their coins than the intended goal of a censorship-resistant currency? On the other hand, it could be seen as a significant achievement in terms of mainstream adoption. After all, nothing aides Bitcoin’s adoption than media coverage and price-driven FOMO. In this interview, I talk to Bloomberg Business News Editor, Joe Weisenthal. We discuss contradictory Bitcoin ideals and challenging the status quo, ETF’s, censorship resistance, privacy and the current state of the global economy. ----- Connect with Joe:- On Twitter @TheStalwart- On LinkedIn- At Bloomberg- On Medium Mentioned in the interview:- The New York agreement- Year 2038 problem- Dotcom bubble- Negative interest rates- The repo market- Facebook’s Libra- Mark Zuckerberg testifies before US House panel- Wikileaks payment channels blocked- Bitcoin ETFs- Latest ETF proposal rejected by the SEC- What will it take to get an ETF approved Other relevant WBD podcasts:- WBD164: Hotep Jesus on Nobody is Born a Maximalist- WBD161: Nik Bhatia on Why Bitcoin is a Response to Central Banks- WBD155: Eric Voskuil is the Most Rational Bitcoiner- WBD152: Pete Rizzo on Journalistic Freedom- WBD141: Stephan Livera on Austrian Economics, Libertarianism and Bitcoin- WBD140: Raoul Pal on Bitcoin as a Global Recession Hedge- WBD130: Bitcoin is More Than a Financial System with Zac Prince & Jeremy Welch- WBD120: Brian Quintenz on How the CFTC Regulates Cryptocurrencies- WBD050: The SEC's Hester Peirce on Regulating Cryptocurrencies ----- If you enjoy The What Bitcoin Did Podcast you can help support the show my doing the following: Become a Patron and get access to shows early or help contribute Make a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: Bitcoin | Ethereum | Litecoin | Monero | ZCash | RipplecoinIf you do send a tip then please email me so that I can say thank you Subscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS Feed Leave a review on iTunes Share the show and episodes with your friends and family Subscribe to the newsletter on my website Follow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTube If you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.
Hotep Jesus on Nobody is Born a Maximalist
Nov 05, 2019 --:--

Hotep Jesus on Nobody is Born a Maximalist

Location: New YorkDate: Friday, 25th OctoberProject: IndependentRole: Tech Startup Advisor, Author & Speaker The name Hotep Jesus hit many radars for the first time when he appeared as a guest on the Joe Rogan podcast. The tech startup advisor, was there to speak about his latest book, and during the interview, the topic of blockchain was raised and BSV was mentioned. The mention of BSV, although brief, caused a significant backlash towards Hotep on crypto twitter despite it not being Hotep who raised it. Many were angry that he chose to speak out seemingly in favour of the altcoin and felt he was 'promoting' it without the required knowledge and was adding to the misinformation and confusion in the space. Although misguided, I could relate to Hotep's confusion and felt that his conversation with Rogan was a typical example of many people who are beginning their journey into Bitcoin. I too had attempted to raise the confusion when a friend asked me which Bitcoin to buy on Coinbase as he saw two options. The "2 Bitcoins" saga became a meme to attack by particular Bitcoiners, avoiding the issue of confusion. Coming into the space it can be confusing. With multiple coins with Bitcoin in the name, some with a cult-like following and all shilling different ideologies/technical narratives, it can be confusing. How is a newcomer meant to know who to believe and which Bitcoin is the real Bitcoin? The objective amongst us can understand that the narrative for each coin can be persuasive. Some people prefer to go for the approach of letting the newcomers get rekt before finding out for themselves. However, I believe this hard-line approach can scare people out of the market altogether, and we should concentrate on educating these newcomers. In this interview, I speak with Hotep Jesus about confusion entering the market, as well as the benefits of Bitcoin, altcoins, race and equality and free speech. ----- Connect with Hotep:- On Twitter- On Instagram Mentioned in the interview:- Coinbitsapp.com- BTC vs BSV Debate- Joe Rogan Experience #1318 - Hotep Jesus- The Bitcoin Standard by Saifedean Ammous- Dr. John Henrik Clarke vs Mary Lefkowitz: The Great Debate- Russell Okung- Halt and Catch Fire- Yuri Bezmenov- Black Lives Matter- Hawk Newsome- Deray McKesson- Trayvon Martin- Michael Brown- Candace Owens, Hawk Newsome debate- Tyler Lindholm Other relevant WBD podcasts:- WBD162: Pierre Rochard on Bitcoin Adoption Hurdles- WBD159: Paul Puey on Time Preference- WBD157: Bitcoin is Freedom with Russell Okung- WBD133: Down the Bitcoin Rabbit Hole with Matt Odell & Marty Bent- WBD130: Bitcoin is More Than a Financial System with Zac Prince & Jeremy Welch- WBD117: Jeremy Welch on Why Bitcoin Changes Everything- WBD105: Bitcoin Uncensored with Chris DeRose and Junseth ----- If you enjoy The What Bitcoin Did Podcast you can help support the show my doing the following: Become a Patron and get access to shows early or help contribute Make a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: Bitcoin | Ethereum | Litecoin | Monero | ZCash | RipplecoinIf you do send a tip then please email me so that I can say thank you Subscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS Feed Leave a review on iTunes Share the show and episodes with your friends and family Subscribe to the newsletter on my website Follow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTube If you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.
Nick Szabo on Cypherpunks, Money and Bitcoin
Nov 01, 2019 --:--

Nick Szabo on Cypherpunks, Money and Bitcoin

Location: San FranciscoDate: Monday, 21st OctoberProject: n/aRole: Blockchain, cryptocurrency, and smart contracts pioneer On October 31st 2008, Satoshi Nakamoto emailed the cypherpunk mailing list, telling them "I've been working on a new electronic cash system that's fully peer-to-peer, with no trusted third party." In the 11 years that followed Bitcoin has proven to be the most successful attempt at creating a censorship-resistant and trust minimised digital currency. Bitcoin was not the first attempt at creating a trust minimised currency, and there were several proposals, implementations and technologies which led to Bitcoin: In the 1990's DigiCash, headed by David Chaum, attempted to make online payments anonymous. In 1997 Adam Back created HashCash using a proof-of-work system to reduce email spam and prevent denial of service attacks. In 1998 Wei Dai proposed B-money to allow for an "anonymous, distributed electronic cash system". In 2004 Hal Finney built upon the idea of Hashcash and created Reusable Proofs of Work. And in 2005 Nick Szabo proposed Bit Gold. Where unforgettable proof of work chains would share properties of gold: scarce, valuable and trust minimised but with the benefit of being easily transactable. When Satoshi released the Bitcoin whitepaper, rather than a revolution, Bitcoin was an evolution of all that had come before it with Bitcoin being the most trust minimised, censorship-resistant and hardest currency that has ever existed. Among Satoshi's email recipients was Nick Szabo, a computer scientist, cryptographer, the designer of Bit Gold and Smart Contracts pioneer. In a rare interview, Nick joins me to discuss the cypherpunk movement, what money is, privacy and of course, Bitcoin. ----- Connect with Nick:- On Twitter @NickSzabo4- On his blog Unenumerated- Wikipedia Mentioned in the interview:- The Selfish Gene by Richard Dawkins- DigiCash- Bit Gold- Wei Dai- Hal Finney- B-money- Whitfield Diffie- Ralph Merkle- David Chaum- Phil Zimmermann- Pretty Good Privacy- Tim May- Eric Hughes- Tor- BitTorrent- Julian Assange- Wikileaks- Moore’s Law- Silk Road- Casa- Bitcoin whitepaper- Cantillon Effect- Zooko Wilcox- Infura- Gab- Hungarian revolution- Hong Kong protests- Heisenberg principle- Quantum computing- Concorde- ScramJet Cypherpunks/cryptographers mentioned in the show:- Wei Dai- Hal Finney- Whitfield Diffie- Ralph Merkle- David Chaum- Phil Zimmermann- Tim May- Eric Hughes- Zooko Wilcox Other relevant WBD podcasts:- WBD153: Trace Mayer on Claiming Your Monetary Sovereignty with Bitcoin- WBD150: Erik Voorhees on Understanding Libertarianism- WBD141: Stephan Livera on Austrian Economics, Libertarianism and Bitcoin- WBD127: Saifedean Ammous on Understanding Bitcoin Economics- WBD110: Andrew Poelstra on Schnorr, Taproot & Graft Root Coming to Bitcoin- WBD106: Bitcoin Block Reorgs Explained with Adam Back and Bryan Bishop- WBD070: Privacy and Zcash with Zooko Wilcox- WBD069: Whitfield Diffie on the History of Cryptography- WBD047: Adam Back on a Decade of Bitcoin- WBD036: The Threat of Fractional Reserve Bitcoin from Wall Street with Saifedean Ammous & Caitlin Long- WBD032: Tuur Demeester on the Looming Debt Crisis and Central Banks for Bitcoin ----- If you enjoy The What Bitcoin Did Podcast you can help support the show my doing the following: Become a Patron and get access to shows early or help contribute Make a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: Bitcoin | Ethereum | Litecoin | Monero | ZCash | RipplecoinIf you do send a tip then please email me so that I can say thank you Subscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS Feed Leave a review on iTunes Share the show and episodes with your friends and family Subscribe to the newsletter on my website Follow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTube If you are int
Pierre Rochard on Bitcoin Adoption Hurdles
Oct 29, 2019 --:--

Pierre Rochard on Bitcoin Adoption Hurdles

Location: New YorkDate: Tuesday, 22nd OctoberProject: KrakenRole: Bitcoin Evangelist Despite the arguments that Bitcoin is the hardest money, it is the opportunity for new Bitcoiners to make a profit in their local fiat currency which is the primary driver of awareness and adoption. Since the launch of Bitcoin over 10 years ago, there have been a number of bull markets which has seen a rapid rise in the price of Bitcoin leading to wider awareness. The volume during the most recent bull run in 2017 led to exchanges struggling to cope with the volume and some dropping offline. Such was the demand that Bittrex and Bitfinex had to close down new user registrations. Making it easier for new Bitcoiners to acquire the asset has been a key driver of adoption. Good exchange and wallet UX, and education regarding key issues such as private key management not only support adoption but help new Bitcoiners avoid making silly mistakes. The Bitcoin rabbit hole is deep and there are many new concepts which can be intimidating to new Bitcoiners which sometimes OGs take for granted. Transacting alone requires consideration for a type of transaction fee, unconfirmed transactions and the reality that mistakes can’t be reversed. Having talked to Hotep and followed his journey into Bitcoin and the distraction with shitcoins, people told me to ignore him. I wanted to do the opposite as I wanted to learn about how someone new sees the space. Kraken recognises that UX can be a hurdle for adoption, and are working on making it as simple as possible for new Bitcoiners to acquire and understand the asset. They recently hired Bitcoin OG Pierre Rochard to help with onboarding new users and Bitcoin adoption. In this interview, Pierre and I discuss why they were the right fit for him, mass adoption, onboarding, Bitcoin financial services and the lightning network. ----- Connect with Pierre:- On Twitter @pierrerochard- On LinkedIn- On Medium- On Github- His Website- On Anglelist- Noded Bitcoin Podcast- The Satoshi Nakamoto Institute- Bitcoin Advisory Connect with Kraken:- On Twitter- On LinkedIn- On Crunchbase- Their Website Mentioned in the interview:- BitInstant- Charlie Shrem- Mt.Gox- Bisq - Decentralised Bitcoin exchange- BlockFi- Unchained Capital- Mayer Multiple- Mr.Hodl- Segregated Witness- Hotep Jesus- Hotep Jesus on Joe Rogan- Mike Cernovich asking about BSV- Pierre Rochard, Gavin Andresen debate on scaling- Pierre Rochard, Gavin Andresen debate on scaling (Unedited)- Coinicarus- Square Crypto- Zap- Breez- Dropbit- Google Wave Other relevant WBD podcasts:- WBD147: Balaji Srinivasan Part 2 - Bitcoin, Coinbase and Maximalism- WBD144: Jameson Lopp & Peter Todd on Libra: Technical Analysis- WBD129: Nicholas Percoco on Defending the Crypto Honeypot- WBD112: Phil Potter on Bitfinex and Tether- WBD100: Tadge Dryja on the Limitations of the Lightning Network- WBD098: Peter Rizun's Lightning Critique: FUD or Fair?- WBD097: Peter Van Valkenburg on Lightning & The Law- WBD094: Nic Carter & Pierre Rochard on the Economics of The Lightning Network- WBD093: Jack Mallers on Lightning Design and UX- WBD092: Christian Decker - An Introduction to The Lightning Network- WBD088: Matthew Hougan from Bitwise on Why 95% of Reported Bitcoin Trade Volume is Fake- WBD076: Mark Karpelès on the Collapse of Mt. Gox- WBD048: Jesse Powell is Building a Culture of Crypto Values at Kraken- WBD018: Bitcoin Scaling and Lightning Network with Jameson Lopp ----- If you enjoy The What Bitcoin Did Podcast you can help support the show my doing the following: Become a Patron and get access to shows early or help contribute Make a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: Bitcoin | Ethereum | Litecoin | Monero | ZCash | RipplecoinIf you do send a tip then please email me so that I can say thank you Subscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | TuneIn |
Nik Bhatia on Why Bitcoin is a Response to Central Banks
Oct 25, 2019 --:--

Nik Bhatia on Why Bitcoin is a Response to Central Banks

Location: Los AngelesDate: Friday, 18th OctoberProject: OpenNode & Tantra LabsRole: Research Strategist State adoption of Bitcoin is unclear but countries such as Iran, North Korea and Venezuela are believed to be holding and using Bitcoin. While these countries are in the minority, some believe it is just a matter of time before Bitcoin becomes a generally accepted state-level monetary tool. State-level censorship resistance is useful for nations subject to tight sanctions. The unique properties of Bitcoin could make governmental ownership of Bitcoin a necessity in the future and increased accumulation by governments around the world may lead to the U.S Dollar being replaced by Bitcoin as the global reserve currency. Further, the global economy is becoming increasingly uncertain, with negative interest rates and the Fed's growing intervention in the repo market standing as warning signs of an imminent global recession. Could all these factors speed up the shift towards Bitcoin adoption? In this interview, I talk to Nik Bhatia, Research Strategist at OpenNode and Tantra Labs. We discuss how banking works, the global economic outlook and why Bitcoin is a response to centralised and monopolistic money creation by central banks. ----- Connect with Nik:- On Twitter @timevalueofbtc- On Medium- On Crunchbase Connect with OpenNode- On Twitter @OpenNodeCo- The Website Connect with Tantra Labs- On Twitter- The Website Mentioned in the interview:- OpenNode blog- A most peaceful revolution by Nic Carter- Central bank definition- Venezuela using Bitcoin to bypass sanctions?- North Korea using Bitcoin- Lightning Network- Realised market capitalisation- Grayscale Bitcoin Trust- 2008 global financial crisis- 2008 bailout of the banks- The repo market issues- The Fed providing liquidity for the repo market- Zap Wallet- Bitcoin is a Human Right by Nik Bhatia- The Time Value of Bitcoin and LNRR by Nik Bhatia Other relevant WBD podcasts:- WBD160: Dan Tapiero on Why Bitcoin and Gold Are Both Important- WBD154: Plan₿ on Bitcoin’s Stock to Flow- WBD153: Trace Mayer on Claiming Your Monetary Sovereignty with Bitcoin- WBD141: Stephan Livera on Austrian Economics, Libertarianism and Bitcoin- WBD140: Raoul Pal on Bitcoin as a Global Recession Hedge- WBD130: Bitcoin is More Than a Financial System with Zac Prince & Jeremy Welch- WBD127: Saifedean Ammous on Understanding Bitcoin Economics- WBD094: Nic Carter & Pierre Rochard on the Economics of The Lightning Network- WBD044: Debunking Economics and Why Bitcoin Will Fail With Steve Keen- WBD036: The Threat of Fractional Reserve Bitcoin from Wall Street with Saifedean Ammous & Caitlin Long- WBD032: Tuur Demeester on the Looming Debt Crisis and Central Banks for Bitcoin ----- If you enjoy The What Bitcoin Did Podcast you can help support the show my doing the following: Become a Patron and get access to shows early or help contribute Make a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: Bitcoin | Ethereum | Litecoin | Monero | ZCash | RipplecoinIf you do send a tip then please email me so that I can say thank you Subscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | TuneIn | RSS Feed Leave a review on iTunes Share the show and episodes with your friends and family Subscribe to the newsletter on my website Follow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTube If you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.
Dan Tapiero on Why Bitcoin and Gold Are Both Important
Oct 22, 2019 --:--

Dan Tapiero on Why Bitcoin and Gold Are Both Important

Location: SkypeDate: Thursday, 17th OctoberProject: Gold Bullion InternationalRole: Co-Founder Bitcoin’s design allows you holders to claim monetary sovereignty, taking money and power away from banks and the legacy financial system. So, why do Bitcoiners seem so desperate to see the influx of institutional investors? A large injection of capital into the markets would likely see the price of Bitcoin go up, but, would it not be best to see organic growth in adoption by people, rather than corporations? It is easier than ever for institutional investors to gain exposure to Bitcoin. With the recent launch of Bakkt futures contracts along with LedgerX and CME, there are ways for large traders to get skin in the game. But the volume is low, why? Education is an often overlooked part of the Bitcoin onboarding process. No matter what background someone is from getting them to see past Bitcoin as 'magic internet money' can be incredibly challenging. Dan Tapiero is a veteran Global Macro investor and a co-founder of Gold Bullion International. Having worked as a portfolio manager and analyst he became aware of Bitcoin in 2013, initially writing it off for having a too-small market cap and a "VC plaything". Dan's opinion has gone from not seeing the value in Bitcoin to believing it could take over as a financial system. In this interview, Dan explains what changed his mind on Bitcoin, gold as a safe haven asset, Twitter, wealth redistribution, trade wars and Trump’s influence over the markets. ----- Connect with Dan:- On Twitter- On LinkedIn Connect with Gold Bullion International- On Crunchbase- The Website Mentioned in the interview:- Gold Bullion International- UK sovereign gold coins- Uphold Wallet- Real Vision- Eric Wall- Laura Shin- Unchained Podcast- Federal Reserve cutting rates- Trump’s tweets threaten Fed’s independence- Mastering Bitcoin by Andreas Antonopoulos- The Bitcoin Standard by Saifedean Ammous Other relevant WBD podcasts:- WBD154: Plan₿ on Bitcoin’s Stock to Flow- WBD153: Trace Mayer on Claiming Your Monetary Sovereignty with Bitcoin- WBD141: Stephan Livera on Austrian Economics, Libertarianism and Bitcoin- WBD140: Raoul Pal on Bitcoin as a Global Recession Hedge- WBD130: Bitcoin is More Than a Financial System with Zac Prince & Jeremy Welch- WBD127: Saifedean Ammous on Understanding Bitcoin Economics- WBD044: Debunking Economics and Why Bitcoin Will Fail With Steve Keen- WBD036: The Threat of Fractional Reserve Bitcoin from Wall Street with Saifedean Ammous & Caitlin Long- WBD032: Tuur Demeester on the Looming Debt Crisis and Central Banks for Bitcoin ----- If you enjoy The What Bitcoin Did Podcast you can help support the show my doing the following: Become a Patron and get access to shows early or help contribute Make a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: Bitcoin | Ethereum | Litecoin | Monero | ZCash | RipplecoinIf you do send a tip then please email me so that I can say thank you Subscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | TuneIn | RSS Feed Leave a review on iTunes Share the show and episodes with your friends and family Subscribe to the newsletter on my website Follow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTube If you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.
Paul Puey on Time Preference
Oct 18, 2019 --:--

Paul Puey on Time Preference

Location: Los AngelesDate: Thursday, 26th SeptemberProject: EdgeRole: CEO & Co-Founder Time is arguably our most valuable resource and we are constantly making choices about how we use it. But do we give enough consideration to our time? One of the theories behind our decision making is time preference. Time preference refers to the value of something now compared to its value at a later date. Those who favour high time preference prefer to value their current self and spend money faster, while people with a low time preference will make sacrifices to ensure a better outcome for their future self. It doesn't just relate to personal choices though; time preference is an excellent tool for considering money, specifically when comparing Bitcoin and fiat. Inflationary fiat currencies favour a high time preference. With no supply cap and governments printing more money at will, there is little economic incentive to save. Bitcoin, however, favours a low time preference. Being sound money with a fixed supply, Bitcoin lends itself to saving. While time preference finds its roots in economics, it can be applied to almost anything and is how you prioritise now vs future; from health to journalism, productivity to savings. In this interview, I speak to Paul Puey, the CEO & Co-Founder at Edge who are building a self custody exchange and wallet. We discuss time preference, Bitcoin, health & diet, journalism and Libertarianism. ----- Connect with Paul:- On Twitter @paullinator- On LinkedIn- On Crunchbase Connect with Edge- On Twitter @edgewallet- On LinkedIn- On GitHub- The Website Mentioned in the interview:- Dr. Bernstein's Diabetes Solution- Born to Run by Christopher McDougall- The Ketogenic diet- The carnivore diet- Food, Inc- Lightning Network- Andreas Antonopoulos - Fake News, Fake Money Other relevant WBD podcasts:- WBD158: Be Your Own Banker with Pascal Gauthier- WBD153: Trace Mayer on Claiming Your Monetary Sovereignty with Bitcoin- WBD151: Caitlin Long, Trace Mayer & Tyler Lindholm on Reducing the Size of Government- WBD150: Erik Voorhees on Understanding Libertarianism- WBD141 - Stephan Livera on Austrian Economics, Libertarianism and Bitcoin- WBD130: Bitcoin is More Than a Financial System with Zac Prince & Jeremy Welch- WBD127 - Saifedean Ammous on Understanding Bitcoin Economics- WBD058: Trace Mayer on Why You Must Own Your Bitcoin Private Keys- WBD042:Casa's Jeremy Welch and Alena Vranova on Crypto Custody ----- If you enjoy The What Bitcoin Did Podcast you can help support the show my doing the following: Become a Patron and get access to shows early or help contribute Make a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: Bitcoin | Ethereum | Litecoin | Monero | ZCash | RipplecoinIf you do send a tip then please email me so that I can say thank you Subscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | TuneIn | RSS Feed Leave a review on iTunes Share the show and episodes with your friends and family Subscribe to the newsletter on my website Follow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTube If you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.
Be Your Own Banker with Pascal Gauthier
Oct 16, 2019 --:--

Be Your Own Banker with Pascal Gauthier

Location: SkypeDate: Wednesday, 2nd OctoberProject: LedgerRole: CEO One of the earliest bits of advice a Bitcoin beginner will get will be to not keep their coins on an exchange. By keeping coins on an exchange, hodlers expose themselves to counterparty risk and undermine many of Bitcoin's inherent benefits. When you invest in an asset that allows you to be self-sovereign and take trust away from 3rd parties, why immediately give that up? While some exchanges, like Kraken, take their security incredibly seriously, the history of Bitcoin is littered with exchange hacks and the theft of coins. In just the last 12 months Binance, Bithumb and Cryptopia have all been hacked, with the latter closing down. There are many ways to manage your private keys, and hardware wallets are one of the most secure and simple options. Ledger is one of the leading hardware wallet manufacturers and has recently celebrated its 5th birthday. In this interview, I speak to Pascal Gauthier; CEO at Ledger. Ledger recently celebrated their 5th birthday, so I got Pascal on the show to discuss hardware wallets, being your own banker, competition and what's to come from Ledger. ----- Connect with Pascal:- On Twitter @_pgauthier- On LinkedIn- On Crunchbase- On Ledger Connect with Ledger- On Twitter @Ledger- On LinkedIn- On YouTube- On Crunchbase- On Facebook- On Github- Their Website Mentioned in the interview:- Ledger turns 5- Ledger disclosed Trezor vulnerabilities- Trezor response to Ledger disclosing vulnerabilities- Trezor Bitcoin only firmware- Criteo- Kaiko- Bakkt futures- The Ledger Attack Lab Other relevant WBD podcasts:- WBD153: Trace Mayer on Claiming Your Monetary Sovereignty with Bitcoin- WBD130: Bitcoin is More Than a Financial System with Zac Prince & Jeremy Welch- WBD129: Nicholas Percoco on Defending the Crypto Honeypot- WBD058: Trace Mayer on Why You Must Own Your Bitcoin Private Keys- WBD042:Casa's Jeremy Welch and Alena Vranova on Crypto Custody ----- If you enjoy The What Bitcoin Did Podcast you can help support the show my doing the following: Become a Patron and get access to shows early or help contribute Make a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: Bitcoin | Ethereum | Litecoin | Monero | ZCash | RipplecoinIf you do send a tip then please email me so that I can say thank you Subscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | TuneIn | RSS Feed Leave a review on iTunes Share the show and episodes with your friends and family Subscribe to the newsletter on my website Follow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTube If you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.