BREAKDOWN: How Bitcoin Can Help Break Cycles of Poverty
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 11 April 2021
⏱️ 13 minutes
🧾️ Download transcript
Summary
A reading of an essay from University of Wyoming philosophy professor Bradley Rettler.
This episode is sponsored by Nexo.io and this week’s special product launch, Exodus.
This week’s edition of “Long Reads Sunday” features NLW reading Bradley Rettler’s “The Rich Get Richer, the Poor Get Bitcoin.” It is an argument that, far from being just a speculative tool for the already wealthy, bitcoin represents a disruptive force that can combat wealth inequality.
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Transcript
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| 0:45.6 | That's audible.com slash Wondery UK. |
| 0:53.8 | Welcome back to The Breakdown with me, NLW. |
| 0:59.0 | It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. |
| 1:05.0 | The breakdown is sponsored by nexus.io and Exodus, and produced and distributed by CoinDesk. |
| 1:14.2 | What's going on, guys? It is Sunday, |
| 1:19.6 | April 11th, and that means it's time for long reads Sunday. Now, I'm not going to give a long intro to today's piece. I will only say this. The deeper we get into this Bitcoin cycle, |
| 1:25.4 | the more that we're going to get questions about what Bitcoin |
| 1:29.2 | means for society. We're seeing that a lot in the context of energy consumption, but I think |
| 1:34.4 | we're likely to see it a lot in issues of wealth inequality that even outside Bitcoin are |
| 1:38.9 | driving so much of the global discourse. Today's Longreed Sunday selection is by Bradley Rettler, who you |
| 1:45.2 | may remember from my show on the philosophy of Bitcoin a few weeks ago. In March, he wrote a piece |
| 1:50.8 | called The Rich Get Richer, the Poor Get Bitcoin. Can Bitcoin solve wealth inequality? And I'm excited |
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