Bitcoin Is Optimism, With Alex Gladstein

The Breakdown

Blockworks

Investing, Business

4.8 • 786 Ratings

🗓️ 31 December 2022

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

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Summary

This episode is sponsored by Nexo.io, Circle and Kraken. Today’s guest is Alex Gladstein, chief strategy officer at the Human Rights Foundation. Find our guest on Twitter: @gladstein - Nexo is a security-first platform where you can buy, exchange and borrow against your crypto. The company ensures the safety of your funds and keeps innovating with products like the Nexo Wallet - a non-custodial smart wallet that allows you to create your Web3 identity. Get early access at nexo.io/wallet. - Circle, the sole issuer of the trusted and reliable stablecoin USDC, is our sponsor for today’s show. USDC is a fast, cost-effective solution for global payments at internet speeds. Learn how businesses are taking advantage of these opportunities at Circle’s USDC Hub for Businesses. - Kraken, the secure, trusted digital asset exchange, is our sponsor for today's show. Kraken makes it easy to instantly buy 185+ cryptocurrencies with fast, flexible funding options. Your account is covered by regular Proof of Reserves audits, industry-leading security and award-winning Client Engagement, available 24/7. Sign up and trade today at kraken.com/breakdown. - “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our holiday theme music is "Spike The Eggnog" by Two Dudes. Music behind our sponsors today is “Back To The End” by Strength To Last. Image credit: Vasil Dimitrov/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.

Transcript

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0:00.0	We now have a different incentive mechanism, and it's interesting to see companies out in Africa cooperating.
0:05.6	Like, I think the Bitcoin system just has different incentives.
0:08.4	You've got companies cooperating, and because everything's open and it's one standard,
0:12.9	it's very, very different from the monopolist kind of capitalist structures we've had in the past
0:18.0	that trend towards monopolization and rent seeking and exploitation.
0:22.5	This is a system that trends potentially towards cooperation and lowering the cost for people.
0:28.0	So I think that that's my biggest takeaway.
0:30.3	This year, as I've started to sort of notice this incentive design of Bitcoin, like maybe
0:35.6	really, really paying off in terms of empowering communities and maybe even nations in the future.
0:43.0	Welcome back to The Breakdown with me, NLW.
0:47.1	It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world.
0:52.8	The breakdown is sponsored by nexo.io,
0:55.6	Circle, and Cracken, and produced and distributed by CoinDesk.
1:02.6	What's going on, guys? It is Saturday, December 31st, the last day of the year. And today,
1:08.5	we are closing out our end-of-year interview series with Alex Gladstein.
1:13.7	Before we get into that, if you are enjoying The Breakdown, please go subscribe to it, give it a
1:17.3	rating, give it a review, or if you want to dive deeper into the conversation, come join us on
1:22.0	the Breakers Discord. You can find a link in the show notes or go to bit.orgie slash breakdown pod.
1:27.1	All right, guys.
1:27.9	Well, for many of you, Alex Gladstein needs no introduction.
1:31.5	He's the chief strategy officer at the Human Rights Foundations and one of the
1:34.6	clarion voices helping bitcoiners understand, see and experience how Bitcoin is impacting
	...

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