What Bitcoin Did with Peter McCormack

What Bitcoin Did with Peter McCormack

With What Bitcoin Did, host Peter McCormack talks to experts in the world of Bitcoin, economics and politics. From developers to investors, journalists to authors, you will learn about everything in the world of Bitcoin.

Episodes

May 17, 2024 66 mins

“This insatiable demand for energy & compute was…going to fuel the next wave of how society works and interacts together; and I think, 6 years on it’s playing probably faster than even we expected.”
— Daniel Roberts

Daniel Roberts is the co-founder of IREN. In this interview, we discuss surging demand vs power scarcity chokepoints, balance sheet strategies, changing AI & Bitcoin energy use narratives, mining in a bull-run...

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“Artificial stability brings instability into the system…when you try to push a balloon underwater, you can keep it under water but then the pressure starts building...”
— Macro Alf

Macro Alf is the founder of The Macro Compass, an investment strategy firm. In this interview, we discuss QE & debt in Japan, instability from artificial stability...

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“The people that changed the world were not the activists, they were the entrepreneurs, and in order to be an entrepreneur, you have to not be in jail.”— NVK

NVK is the founder of Coinkite and a board member at OpenSats. In this interview, we discuss new incentives with increasing attacks on privacy, oppressive vs small government, market stoicism, and how entrepreneurs change the world.

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This episode’s sponsors: IREN - Bitcoin...

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“There is no way back, I think we’ve crossed the event horizon…they’re going to do everything they can to keep it together as best they can, but at the end of the day it all leads to monetary debasement.”
— Lawrence Lepard

Lawrence Lepard is an Investment Manager and Austrian Economist and Quoth The Raven is an independent financial researcher. In...

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“There’s just so much to do just in terms of understanding the code better and fortifying it…sometimes you need to invasively change something in order to make it more scalable...so it’s not ‘don’t ever change the code,’ be conservative and not try to ‘move fast and break things.’”
— Gloria Zhao

Gloria Zhao is a Bitcoin Core maintainer. In this in...

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“To believe that Bitcoin will stop changing I think is a fallacy, and it means that Bitcoin will die, because…Bitcoin is software and software never stops to evolve.”
— Calle

Jack Mallers is the Founder & CEO of Strike, American HODL is a Bitcoin Educator, Alex Thorn is the Head of Firmwide Research at Galaxy and Calle is a Bitcoin developer w...

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“We have a horrifying shortage of demand for energy, not a shortage of supply whatsoever; we need to have more productive uses for those electrons in a flexible way so that all those revenues can flow back and continue to be reinvested in the broader economy or in the electric system itself.”
— Harry Sudock

Harry Sudock is the Chief Strategy Offic...

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“These are not two hardened criminals who have been just plotting in secret to launder billions of dollars; these are people who’ve built a powerful privacy tool that never took custody, that fit every regulation and legal framework that we had, and now are facing 25 years of jail time and a life that’s ruined because of drastic and tyrannical overreach by the government.”
— Seth for Pri...

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“When people try to bring their own views to Bitcoin and say that Bitcoin is an expression of those views, I would just say Bitcoin is an expression of lots of different views, and there’s no one thing that Bitcoin is.”
— Bradley Rettler

Andrew Bailey, Bradley Rettler and Craig Warmke are all professors of Philosophy, Allen Farrington is an invest...

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“It’s not a one decade adoption story, it’s a multi-decade, massive trend change in how money works.”
— Lyn Alden

Lyn Alden is a macroeconomist, Natalie Brunell is the host of the Coin Stories Podcast, Alex Thorn is the Head of Firmwide Research at Galaxy, Thomas Pacchia is co-owner of Pubkey, and Christopher Gordon from Bridge2Bitcoin. In this in...

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“If we stick with the financial system as it is, it leads inexorably towards total control of your life…the state having total control over what people spend, how they can spend it, how much they can spend, and what you can buy.”
— Alex Gladstein

Alex Gladstein is the Chief Strategy Officer at the Human Rights Foundation and Natalie Smolenski foun...

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“Bitcoin is how life should always have been, the cheatcode is fiat money printing…if you print money you get wealthier while other the others who use the money get poorer; but with Bitcoin nobody can print money anymore, and that means the cheatcode is finally gone, and what feels like a cheatcode right now is actually just human life.”
— Max Hillebrand

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“Right now, Lightning is not able to support billions of users around the world…when you add the 3 technologies together: Bitcoin, Lighting, and ecash, you have a solution that can give you incredible levels of privacy and scale to billions of users.”
— Obi Nwosu

In this episode, we have a panel from the recent CheatCode conference. This panel was...

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“I’m not going back to that system ever, I’m going to fight and use my time and energy to move this across the world…and as you start to understand that, more and more people join us and the world moves from our intention to what it should be.”
— Jeff Booth

In this interview, American HODL, Preston Pysh, Harry Sudock and Jeff Booth join us from th...

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“What we need to move to is just removing the attention signal as the input to the algorithm and using a value-signal instead; because, then we can still have ranked feeds, but they’re no longer driven by a metric that doesn’t really align with the content creator, and doesn’t really align with the listener.”
— Oscar Merry

Oscar Merry is the Found...

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“If you care about customer harm you wouldn’t put these frictions in place because I can go and buy Bitcoin right now from whoever the hell I want using a VPN and you can’t stop me.”
— Freddie New

Freddie New is the Head of Policy at Bitcoin Policy UK. In this interview, we discuss current and proposed legislation affecting Bitcoin and why it ofte...

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“People get conspiratorial about this, they observe ‘I’m getting fucked by the system everywhere I turn’...I think the far scarier reality is there’s just no one in charge at that level, we’ve absolutely not designed this thing at it’s highest level of operation.”
— Nicholas Bowick

Nicholas Bowick is a systems engineer in the aerospace industry. I...

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“If you take savings, commerce, freedom, and power, that’s the bedrock of civilization; so if you don’t have these things…you’re living in a very poor country.”
— Alex Gladstein

Alex Gladstein is Chief Strategy Officer at the Human Rights Foundation. In this interview, we discuss the ultimate bitcoin use cases. How it is used in commerce, for free...

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“For the first time in the history of Wall St. we can be front-running the institutions and buying this thing and they still can’t do it; their hands are tied, they just can’t do it.”
— James Lavish

James Lavish is a macro analyst, and Eric Yakes is the author of The 7th Property. In this interview, we discuss Wall Street’s arrival into Bitcoin, w...

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“Eventually one of these days the price will move $65,000 and you literally won’t notice or care…are you really going to notice a difference between $2.62 million vs $2.68 million in your account? No, you’re going to look at it and go: ‘ah, it’s still 2.6’.”
— American HODL

American HODL is an OG Bitcoin investor. In this interview, we discuss ord...

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