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The Peter McCormack Show

Eric Voskuil is the Most Rational Bitcoiner - WBD155

The Peter McCormack Show

Peter McCormack

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

4.72.8K Ratings

🗓️ 8 October 2019

⏱️ 92 minutes

🧾️ Download transcript

Summary

Location: Los Angeles Date: Friday, 26th September Project: Libbitcoin Role: Lead Developer

Bitcoin is the best performing asset of the last ten years. It has the potential to disrupt entire states, overturn traditional financial institutions and change the way corporations do business.

With so much potential and with the stakes so high, it's easy to see why discussions around Bitcoin's ideology can become so heated.

Hyperbitcoinisation is touted as the end game by many Bitcoiners. In this scenario, Bitcoin would displace all fiat currencies to become the world's most dominant money and reserve currency. But not everyone shares this vision. Some believe that the economic game theory isn't strong enough for Bitcoin to ever reach hyperbitcoinisation and that in reality, if it were achieved, governments wouldn't relinquish power so easily.

In this interview, I am joined by Eric Voskuil, who John Carvahlo described as Bitcoin's most rational thinker. After starting his career as a software developer, he took a 10-year hiatus flying fighter jets in the U.S Navy before returning to software engineering and Bitcoin. We discuss libertarianism and anarchy versus minarchy, fractional vs full reserve banking and remaining a rational Bitcoiner.


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Transcript

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0:00.0

Welcome to the What Bit

0:02.0

the What Bit

0:05.0

did podcast. Hello there from Bedford, how are you all?

0:09.0

Did you all have a great weekend?

0:10.0

Everything well.

0:11.0

Thank you for all the amazing feedback for my interview with Plan B, everyone who shared it out on

0:16.3

Twitter.

0:17.3

It's amazing actually how much that show is blown up.

0:19.4

The download numbers are quite incredible.

0:21.4

So thank you, thank you. Thank you. Anyway, welcome to

0:24.6

the What Bitcoin did podcast which is brought to you by The Mighty Cracken, the

0:28.0

best place to buy and sell Bitcoin. I'm your host Peter McCormack and today I've got

0:31.8

a show I recorded last week out in

0:33.7

Los Angeles with Eric Voskeil but before that I do have a message from my show

0:38.0

sponsors and remember don't skip this it is the sponsors that pay for me to do

0:42.2

all this okay so firstly today's show is brought to

0:45.2

you by the mighty Cracken, the most trusted place to buy and sell Bitcoin and some great news this

0:49.9

week are not sure if you saw it but Pierre Rashard announced that he's joining

0:53.7

Krakhan he's going to be focusing on education and open source development so

0:57.8

that's super cool alongside the recent hype Dan held it's another great hire

1:02.1

and highlights Kraken's dedication to

1:04.0

Bitcoin. So nice one team Cracken and for all you traders out there,

...

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