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The Peter McCormack Show

Bitcoin, Nostr & Freedom Tech with Matt Odell - WBD684

The Peter McCormack Show

Peter McCormack

Politics, Society, Markets, News, Society & Culture, Technology, Inflation, Finance, Economics, Government, Power, Bitcoin, Money

4.72.8K Ratings

🗓️ 17 July 2023

⏱️ 110 minutes

🧾️ Download transcript

Summary

Matt Odell is host of Citadel Dispatch, co-host of Rabbit Hole Recap, managing partner at Ten31 and co-founder of OpenSats and Bitcoin Park. In this interview, we discuss Bitcoin conferences and podcasts, the importance of decentralized tech, the implications of identity verification on social media, Nostr's potential as a censorship-resistant social network, and the involvement of BlackRock in Bitcoin.

- - - -

Matt Odell is the Bitcoiners Bitcoiner: mission-driven, innovative, generous and yet unyielding in his expectations of the community. Given he's a fellow podcaster and conference veteran, it was an invaluable opportunity to talk shop, but his wide-ranging expertise means we could again cover a plethora of current hot topics.

Matt discussed his views on the surge in global Bitcoin conferences and the changing landscape of Bitcoin podcasts. The boom in events, catering to various niches within the Bitcoin community, is a testament to the growth and diversity of this space. Podcasts too need to stand out from the crowd, whilst taking on mainstream content providers in terms of interviewing adroitness and production quality.

We discussed the pros and cons of having a blue checkmark on Twitter: whilst it can help users identify and connect with influential people, there are material concerns about the current identity verification system. The corollary to concerns about traditional social media companies is the potential to disintermediate these closed centralised systems with innovations like Nostr. Together with Bitcoin, Nostr could be a powerful tool for freedom movements.

Matt covered the critical importance of educating people on the risks and benefits of decentralization. Individuals with platforms and audiences should explain these risks to lessen the impact and pain that people may experience in a dark dystopian future where censorship and control are prevalent.

Finally, Matt provided his take on BlackRock's involvement in Bitcoin. Blackrock is the institution that Bitcoin was designed to resist. However, their involvement is a paradigm shift for Bitcoin's narrative. Nevertheless, there are risks tied to the proposed Blackrock Bitcoin ETF. It's essential to learn how to hold self-custody of your Bitcoin instead of buying a paper claim. And further, it's important Blackrock understand they can't control Bitcoin.

This episode's sponsors:

Iris Energy - Bitcoin Mining. Done Sustainably Ledn - Financial services for Bitcoin hodlers Bitcasino - The Future of Gaming is here Ledger - State of the art Bitcoin hardware wallet Wasabi Wallet - Privacy by default Unchained - Secure your bitcoin with confidence


Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

Freedom dies by just people just taking a little bit more and a little bit more and then we just end up in a situation where people are like,

0:08.0

how the fuck do we end up here? And at some point in the line, you have to practice civil disobedience and you have to say, no, I will not

0:14.1

fucking comply.

0:15.1

Hello there, how are you all doing?

0:17.3

Did you have a good weekend?

0:19.6

I'm just finishing up with my boy Danny here in Austin.

0:22.4

You've got two more interviews to do,

0:24.2

then we're packing up.

0:25.0

Danny's going back to Australia

0:26.6

and I'm heading off to Argentina

0:27.9

to make another follow the money episode

0:30.3

and I'm gonna be looking at how people live under high inflation.

0:33.0

But anyway, welcome to the What Bitcoin did podcast,

0:36.0

which is brought to you by Iris Energy,

0:38.0

the largest NASDAQ listed Bitcoin miner,

0:40.0

using 100% renewable energy.

0:42.0

I'm a host Peter McCormack, and today I've got my buddy, my sparring partner, Matt O'Dell, back on the show.

0:48.0

Now Matt and I give each other a lot of shit, but I really appreciate the role he plays and usually we grab a beer afterwards and he tells me I was right

0:54.8

But I do love him as the moral compass for bit coiners and you know what? It doesn't mean I have to agree with everything with him

1:03.0

But in this episode he he gave me, he gave me some shit.

1:05.9

He had to go at me about the blue checks,

1:08.0

Twitter verification, and so we got into it in this episode.

...

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