BTC Vs ETH Episode Review with Udi Wertheimer - WBD255
The Peter McCormack Show
Peter McCormack
4.7 • 2.8K Ratings
🗓️ 28 August 2020
⏱️ 78 minutes
🧾️ Download transcript
Summary
Location: Squadcast Date: Monday 24th Aug Company: Independent Role: Developer and Consultant, Bitcoin Activist
A deep divide exists between the Bitcoin and Ethereum communities. Bitcoin is conservative and slow and appeals to people who value sound money, censorship resistance and decentralisation. The Ethereum mindset is to "move fast and break things" with broader goals that many Bitcoiners see as flawed and impossible to achieve.
Following my recent episode with Samson Mow and Vitalik Buterin, the responses demonstrated the split in these two communities. Finding impartial voices able to consider the arguments from both camps objectively is challenging, so I asked Udi Wertheimer to come on the show and dissect the interview with me.
We discuss the Bitcoin Maximalist mindset, flaws with the Ethereum protocol and the supplygate saga.
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Transcript
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| 0:00.0 | I think that Ethereum is a convoluted mess and I don't know what it's good for |
| 0:05.9 | but fine other people like it good for them. |
| 0:09.8 | Hello there from North Wales, how are you all? |
| 0:13.0 | Welcome to the What Bitcoin Podcast, which is brought to you by the mighty Krakhan, |
| 0:17.0 | the best place to buy, sell and trade Bitcoin. |
| 0:19.0 | I'm your host, Peter McCormack, and as I said, I'm in North Wales, |
| 0:22.0 | and two things about that well three things it's |
| 0:24.9 | raining I'm not sure if you can hear that I forgot my microphone and the internet here |
| 0:29.5 | is shit so I'm in a bathroom recording this intro and hopefully my engineer Danny will be able to master this and make it sound a bit better. |
| 0:38.0 | So my interview this week is with Udi Verthheimer where we reviewed my recent interview with Vatarica |
| 0:43.9 | Samson. I'm not sure if you heard that. A lot of different views about that show. Some people liked it, some people |
| 0:48.4 | hated it. It all really depended from what lens you had over that show, I think. |
| 0:52.4 | I wanted somebody I could get on to review it |
| 0:55.2 | as in the most objective way possible and Oudi's a guy I trust. I always think it's fair. |
| 1:00.8 | Look I know some of the East guys don't like him because he trolls you a bit but I do think he's fair. I always think it's fair, look I know some of the East guys don't like him because he |
| 1:02.5 | trolls you a bit but I do think he's fair I do think technically he's fair so I got him on to review it because I also think |
| 1:08.4 | he's fair about Bitcoin I'm sure some people will hate this and moan at me about this |
| 1:11.6 | but you know whatever. |
| 1:13.0 | Anyway it's just a very short intro because yeah I'm going to hand this over to Danny. |
| 1:18.0 | You know you can reach out to me my email address is hello at what Bitcoin did.com. |
| 1:21.0 | I'm going to have a couple of messages from my show sponsors now and then we'll just |
| 1:24.4 | dive straight in from the show those adverts are from old shows I don't even know if you know this but I record |
... |
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