Bitcoin Philosophy with Gigi - WBD324
The Peter McCormack Show
Peter McCormack
4.7 • 2.8K Ratings
🗓️ 22 March 2021
⏱️ 111 minutes
🧾️ Download transcript
Summary
Location: Remotely Date: Friday 12th March Company: dergigi.com Role: Writer
Bitcoin is an implicit rejection of the existing system. From the early cypherpunks to the recent multi-billion dollar CEOs, the people that take the plunge down the rabbit hole possess an ability to think outside-the-box. They come with an open mind and often discover that Bitcoin has changed them.
The permissionless nature of Bitcoin means that anyone who is running a node and interacting with the network is able to decide for themselves what Bitcoin is. For different people, it solves different problems, but ultimately, everyone on the network is confined to the rules of consensus.
In this interview, I talk to Bitcoin writer Gigi. We discuss the philosophical teachings of Bitcoin, toxicity as a feature, and how bitcoin creates its own space-time.
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Transcript
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| 0:00.0 | Economic reality will dictate Bitcoin's future, not niceness. It's fuck you money. |
| 0:09.4 | If you don't agree with the Bitcoin that I'm using, like I can say fuck you, I'm doing everything myself. |
| 0:15.7 | Hello there from Bedford in the United Kingdom, as you know it's the Bitcoin capital of the world. |
| 0:22.1 | How are you all doing? Did you have a good weekend? |
| 0:25.6 | Bitcoin seems to be bouncing around between 55 and 60,000 dollars. It's looking pretty |
| 0:31.1 | strong here. I think we're about to go for the next leg up. |
| 0:35.0 | What a wild last year it has been. |
| 0:37.0 | Anyway, welcome to the What Bitcoin did podcast, |
| 0:40.0 | which is brought to you by The mighty Cracken, the best place to buy, sell and trade |
| 0:44.5 | Bitcoin. I'm your host Peter McCormack and today I've got an amazing interview with |
| 0:49.0 | G. G. where we're going to be discussing Bitcoin philosophy, but before that I do have a message from my show sponsors. |
| 0:57.0 | Okay, today we're going to kick off with BlockFi and if you missed the last episode of the show, |
| 1:02.0 | I did an interview with Zach Prince alongside WBD producer Ben Prentiss |
| 1:07.0 | where we put all the important questions that people have about Block Fight directly to |
| 1:11.7 | Zach. No holds barred, he answered everything. So do go and check that out if you do have any questions about Block Phi. Now, I've been telling you for quite some time that they are imminently going to be launching their rewards visa card. |
| 1:24.0 | We also cover that in the show where you will be able to earn a market leading 1.5% |
| 1:29.5 | rewards in Bitcoin on all card purchases. I'm very very excited about this product and it is |
| 1:36.8 | now available to anyone to register and get on the wait list. You can find out more at |
| 1:42.0 | Blockfire.com which is |
| 1:43.2 | blo-c-o-c-f-I-com and next up I'm going to talk to you about my newest sponsor |
| 1:48.5 | which is a ledger the makers of hardware wallets nowger was the first hardware wallet I ever used. When I got into |
| 1:56.4 | Bitcoin, seriously at the start of 2017, I got myself a Nanos. And you know what, I'm still using that same device today. |
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