Freedom Technologies & Civil Disobedience with Austin Hill - WBD490
The Peter McCormack Show
Peter McCormack
4.7 • 2.8K Ratings
🗓️ 18 April 2022
⏱️ 90 minutes
🧾️ Download transcript
Summary
Austin Hill is a cypherpunk & former Blockstream CEO. In this interview, we discuss the dangers of absolutism within Bitcoin's community, building consensus in promoting freedom money, and advancing the human condition.
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The development and adoption of Bitcoin is predicated upon a reaction to the manifest failures of current economic and political structures. The associated need to defend Bitcoin from multiple attack vectors resulted in a protective maximalist ideology. The end result is that the current Bitcoin community is dominated by big personalities with firm and unyielding convictions.
Yet, maintaining an adoption curve mirroring that of the internet means proving the benefits of this innovative technology to everyone: the wider public, companies, and state-level institutions. This will require building consensus: coalescing around positive characteristics of the technology whilst working to ensure divergent opinions don't overwhelm the debate.
As Bitcoin enters a more nuanced phase of maturation, a pragmatic approach to furthering its adoption and effective development may be required. Do battle-hardened Bitcoiners now need to become more politically flexible? Is it possible to find agreement with those who hold contradictory views? Is compromise possible whilst protecting Bitcoin's unique innovation?
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Transcript
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| 0:00.0 | There are so many opportunities to use freedom technologies to build civil disobedience |
| 0:10.4 | to put power into the hands of individuals and Bitcoin's part of that. |
| 0:14.7 | Hello there how are you all doing? Welcome to the What Bitcoin did |
| 0:18.7 | podcast which is brought to you by Gemini the only place I am using for buying Bitcoin. I'm your host Peter McCormack and |
| 0:25.2 | before we get into the interview today I have a quick message from my show sponsors. |
| 0:30.3 | This show is brought to you by B. C. B group provide online business banking for companies in the |
| 0:36.4 | Bitcoin industry and yes, of course I am a B.C.B customer too now. Now they heard about the |
| 0:41.8 | difficulty I was having finding a new bank and they |
| 0:44.4 | understand Bitcoin. So when they reached out to me and said Pete you should move |
| 0:48.0 | your account over to BCB group I was like sure sounds absolutely perfect for me and |
| 0:52.2 | I could not be happier with the service they have provided me. |
| 0:55.0 | Now, B.C.B clients include major exchanges, market makers, funds, and miners active in the UK and Europe, |
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| 1:04.6 | They also have this amazing network called Blink, which facilitates instant free payments |
| 1:09.5 | between B.C.B clients for all supported currencies. |
| 1:13.2 | Now listen, I know some of you have also had trouble with your banking. |
| 1:16.2 | And if you are looking for a banking provider who understands and supports Bitcoin companies rather |
| 1:20.8 | than creating hurdles, then like me, you want to become a B.C B customer. |
| 1:25.7 | Now if you want to find out please head over to BC group.com.4 slash Peter, which is bcc bB-R-O-U-P. |
| 1:34.0 | dot com fore- slash Peter. |
| 1:36.0 | Next up, it is Ledger, the world's most popular hardware wallet. |
| 1:40.0 | Now listen, in Bitcoin, we have this saying, right? |
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