Here’s How to Expand Who Contributes to Bitcoin Core

The Breakdown

Blockworks

Investing, Business

4.8 • 806 Ratings

🗓️ 4 July 2020

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

OKCoin and BitMEX recently came together to provide a $150,000 grant to Bitcoin Core developer Amiti Uttarwar. In this conversation, Amiti and OKCoin CEO Hong Fang discuss: Why OKCoin believes it is essential for companies in the space to support Bitcoin Core development How OKCoin and BitMEX came together around this grant Why Amiti is focused on the P2P layer Why Amiti believes Bitcoin should be private by default Why Bitcoin Core will better serve more populations if more populations are represented in who is building it Find our guests online: Hong Fang Website: https://www.okcoin.com/Twitter: @hfangca Amiti Uttarwar Twitter: @amizi

Transcript

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0:00.0	I think the reason that privacy is so important is because when you look at monetary vehicles in the world,
0:07.1	if all of the activity is able to be linked to a person, then a lot of times people with power,
0:14.9	governments particularly are able to penalize particular kinds of transactions.
0:20.6	And sometimes that power is used for good,
0:22.6	but sometimes that power is just used to gain more power.
0:26.4	And as we move towards a more global society,
0:29.7	a more digital society,
0:30.9	I think it's important that users have a way that if they need to,
0:35.3	they can use a monetary system without a different entity saying
0:39.6	they're not allowed.
0:41.6	Welcome back to the Breakdown's Free Ideas Festival, a Fourth of July exploration of ideas
0:46.8	with the potential to shape the future of the economy.
0:50.3	This episode is sponsored by BitStamp and Crypto.com.
0:55.0	The breakdown is produced and distributed by CoinDesk.
0:59.6	And now here's your host, NLW.
1:03.6	Welcome back to The Breakdown.
1:05.8	It is Friday, July 3rd, and this is the Free Ideas Festival.
1:13.1	Earlier this week, I was joined by Dan held for a discussion of how Bitcoin's decentralized marketing department is an essential
1:18.2	force for its success. Today, we're looking at another aspect of the decentralized Bitcoin
1:24.3	ecosystem, developers. Hong Fang is the CEO of OKCoin. Recently, OKCoin teamed up
1:31.9	with BitMex to provide a $150,000 grant to Bitcoin Core developer Amiti Utawar. In this conversation,
1:40.4	I'm joined by Amiti and Hong to discuss, one, what Amiti is working on and what she believes
	...

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