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Eric Wall and Udi Wertheimer on Why Bitcoin Maximalism Is 'Like a Shitcoin Community' - Ep. 412

Podcast |: Unchained
Publisher |: Laura Shin
Media Type |: audio
Podknife tags |: Bitcoin,; Business,; Business News,; Cryptocurrency,; Investing,; Tech News,; Technology
Categories Via RSS |: Business News,; News,; Tech News
Publication Date |: Oct 25, 2022
Episode Duration |: 01:24:12

Description
Content Encoded

Eric Wall, crypto blogger and investor, and Udi Wertheimer, a recovering Bitcoin maxi, discuss everything about Bitcoin Maximalism, whether BTC can survive, and whether Ethereum constitutes a threat for Bitcoin. Show highlights: how Eric and Udi got involved with Bitcoin what Bitcoin was like in the first days how Bitcoin maxis appear to have a script to engage in discussions the philosophy behind Bitcoin maximalism why Eric believes Bitcoin maximalism is like a “weird cult” how Eric thinks that the BTC community has an unspoken rule forbidding criticisms whether Bitcoin has lost intellectual power why people have recently been turning away from Bitcoin maximalism why the poor Bitcoin culture doesn't mean it's the end for Bitcoin, according to Eric the perception of the Lightning network and how people are not interested in faster blockchains whether Bitcoin should increase the use cases of the blockchain, like DeFi, NFTs, and stablecoins El Salvador's adoption of BTC and whether it had an impact what happens to internet subcultures and how the behavior of Bitcoiners could be predicted whether Ethereum is a threat to Bitcoin Thank you to our sponsors! Crypto.com Chainalysis web3 with a16z Udi: Twitter Eric: Twitter Medium Episode Links Previous Coverage of Unchained: Is Bitcoin Doomed to Fail? Eric Wall and Justin Bons Face Off Arthur Hayes, Former Ethereum Skeptic, on Why the Merge Makes Him Bullish on ETH With the Merge, Will Ethereum Take Over Bitcoin’s Title as Digital Gold? Bitcoin Culture and Security The Rise and Fall of Bitcoin Culture by Paul J. Dylan-Ennis Geeks, MOPs, and sociopaths in subculture evolution by David Chapman Surprisingly, Tail Emission Is Not Inflationary by Peter Todd Justin Bond’s thread on BTC security model A (brief and incomplete) history of censorship in /r/Bitcoin Ultra sound money El Salvador: Previous Coverage of Unchained: Bitcoin in El Salvador: Why Would Cypherpunks Support Government-Mandated Bitcoin Adoption? El Salvador’s Bitcoin Paradise Is a Mirage by Nelson Rauda Learn more about your ad choices. Visit megaphone.fm/adchoices

Show highlights:

how Eric and Udi got involved with Bitcoin
what Bitcoin was like in the first days
how Bitcoin maxis appear to have a script to engage in discussions
the philosophy behind Bitcoin maximalism
why Eric believes Bitcoin maximalism is like a “weird cult”
how Eric thinks that the BTC community has an unspoken rule forbidding criticisms
whether Bitcoin has lost intellectual power
why people have recently been turning away from Bitcoin maximalism
why the poor Bitcoin culture doesn't mean it's the end for Bitcoin, according to Eric
the perception of the Lightning network and how people are not interested in faster blockchains
whether Bitcoin should increase the use cases of the blockchain, like DeFi, NFTs, and stablecoins
El Salvador's adoption of BTC and whether it had an impact
what happens to internet subcultures and how the behavior of Bitcoiners could be predicted
whether Ethereum is a threat to Bitcoin