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The Peter McCormack Show

Hotep Jesus on Nobody is Born a Maximalist - WBD164

The Peter McCormack Show

Peter McCormack

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

4.72.8K Ratings

🗓️ 5 November 2019

⏱️ 99 minutes

🧾️ Download transcript

Summary

Location: New York Date: Friday, 25th October Project: Independent Role: Tech Startup Advisor, Author & Speaker

The name Hotep Jesus hit many radars for the first time when he appeared as a guest on the Joe Rogan podcast. The tech startup advisor, was there to speak about his latest book, and during the interview, the topic of blockchain was raised and BSV was mentioned.

The mention of BSV, although brief, caused a significant backlash towards Hotep on crypto twitter despite it not being Hotep who raised it. Many were angry that he chose to speak out seemingly in favour of the altcoin and felt he was 'promoting' it without the required knowledge and was adding to the misinformation and confusion in the space.

Although misguided, I could relate to Hotep's confusion and felt that his conversation with Rogan was a typical example of many people who are beginning their journey into Bitcoin. I too had attempted to raise the confusion when a friend asked me which Bitcoin to buy on Coinbase as he saw two options. The "2 Bitcoins" saga became a meme to attack by particular Bitcoiners, avoiding the issue of confusion.

Coming into the space it can be confusing. With multiple coins with Bitcoin in the name, some with a cult-like following and all shilling different ideologies/technical narratives, it can be confusing. How is a newcomer meant to know who to believe and which Bitcoin is the real Bitcoin? The objective amongst us can understand that the narrative for each coin can be persuasive.

Some people prefer to go for the approach of letting the newcomers get rekt before finding out for themselves. However, I believe this hard-line approach can scare people out of the market altogether, and we should concentrate on educating these newcomers.

In this interview, I speak with Hotep Jesus about confusion entering the market, as well as the benefits of Bitcoin, altcoins, race and equality and free speech.


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Transcript

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0:00.0

Welcome to the What Bit Bitcoin did podcast.

0:05.0

Hello there from Bedford.

0:08.0

How are you all?

0:09.0

How was your weekend?

0:10.0

Mine was pretty good.

0:11.0

It's nice to get some time back at home. Back in the land of

0:14.4

Bitcoin, back in Bedford, before I head back out to the States for my next trip,

0:18.2

which should be next week. Anyway, welcome to the What Bitcoin did podcast,

0:21.5

which is brought to you by The Mighty Cracken, the best place to buy and sell Bitcoin.

0:26.0

I'm your host Peter McCormack, and today I've got an interview with Hoteep Jesus, a tech startup advisor who recently caused some controversy after hosting a BTC versus

0:34.9

B.S. V. debate following his appearance on the Joe Rogan podcast when B.S. V. was mentioned.

0:40.3

But before that, I do have a message from my amazing sponsors.

0:43.0

Make sure you check them out.

0:44.4

So first up, in the spirit of Rogan, we have the mother-fucking Blockfai.

0:48.9

Yes, Blockfai are crushing it.

0:51.2

They are the future of Bitcoin and Financial Services and I just got my

0:54.8

latest interest payment from my Block Fight interest account. Love it. Love getting my payment every month.

1:00.4

I've now made enough to have a nice little holiday at Christmas with the

1:03.0

children which is pretty cool and if you are interested in checking out their

1:06.9

interest accounts they've got a bunch of new features. They have dropped all

1:10.5

minimum deposits so interest account holders no longer have to meet a minimum deposit

1:14.8

in their Bitcoin, ether or GUSD balances in order to earn interest. They've also removed

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