My full interview with the one and only nostr:nprofile1qqsg86qcm7lve6jkkr64z4mt8lfe57jsu8vpty6r2qpk37sgtnxevjcpr3mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmqpz4mhxue69uhkummnw3ex2mrfw3jhxtn0wfnskjd6ew.
TIMESTAMPS:
00:00 Broken money breaks everything
1:50 Anger at capitalism
5:31 Ad Break 1: Gemini Bitcoin Credit Card | Bitcoin is For Everyone | Ledn Bitcoin-backed Loans | Abundant Mines
7:11 Capitalism never existed
10:52 No monopolies in a true free market
17:39 Choice, agency, responsibility
20:49 Bitcoin as the first true free market
23:55 Falling prices, rising quality
28:26 Ad Break 2: Speed Wallet | Bitkey | The Bitcoin Way | BitcoinIRA
30:09 Markets self-regulating
36:45 The illusion of political solutions
42:56 Gold, history, false lessons
47:38 Bitcoin decentralizes wealth
54:40 A hopeful path forward
https://blossom.primal.net/82dba8f9ad6ffbb447a0c2a87ef479e8a1188efe986c23fce87f22cf56d57859.mp4
Really fascinating conversation. I agree completely that we’ve never seen a true global free market until BTC.
To be a little cynical, and Natalie poked at this a little in asking if we could overcome our nature to participate in a free market, do you two think that on average, we’re too stupid as a species to exercise agency in a way that makes a free market work? The conversation tended to bend toward greed, but I’m curious about how ignorance plays into this.
It’s a great question and the historical reference is no…..we could not overcome it.
That is why having an open, decentralized, secure, protocol bounded by energy is so important. It is “imposing” this path regardless of our belief that it is imposing it.
The only caveat is that it stays decentralized and secure.
Meaning, we should expect every attack vector possible with us being pawns in the attack by measuring in fiat. (Your point about fear, greed, “stupidity”)
BUT every time someone realizes their own agency in keeping it decentralized and secure and in turns moves their time (educating, spending, building, etc etc) they make the protocol stronger/immune to such attacks.
Once you know….you know.
Wild times.
nostr:nprofile1qqsycm7heg534xxa8ghm8gdrxkm2xpp84vn9xj2g4ep6jy782t4m49gpp4mhxue69uhkummn9ekx7mqpzamhxue69uhhyetvv9ujucm4wfex2mn59en8j6gzzjf9w nostr:nprofile1qqsg86qcm7lve6jkkr64z4mt8lfe57jsu8vpty6r2qpk37sgtnxevjcpz4mhxue69uhk2er9dchxummnw3ezumrpdejqzyrhwden5te0dehhxarj9emkjmn9yfrsqa I like to think back to what it would have been like when other transformational technologies took hold.
When the printing press was in its infancy you can imagine the early movers wondering: “Will most people actually learn to read and write or will we keep listening to the church out of ignorance as we always have?”
