Jimmy Song on Why Bitcoin Will Be the Winning Cryptocurrency - Ep.69

Unchained

Laura Shin

News, Tech News, Business News

4.6 • 1.3K Ratings

🗓️ 26 June 2018

⏱️ 67 minutes

🔗️ Recording | iTunes | RSS

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Summary

In an episode of strong positions, Blockchain Capital partner and Bitcoin educator Jimmy Song explains why private blockchains will never work, why smart contracts will never work, and why Bitcoin will be the one and only valuable cryptocurrency. He also gives his definition sound money, describes why Bitcoin is sound money, and talks about how he finds new companies to invest in if he believes Bitcoin is already the winner. Plus, he recounts the story of his buzz-generating debate with ConsenSys's Joe Lubin at the Consensus conference, which ended with a challenge to come up with a bet in Bitcoin, and what terms Jimmy would like to make the bet on. Lubin, it's your move. Jimmy Song on Twitter: https://twitter.com/jimmysong Medium: https://medium.com/@jimmysong Blockchain Capital: http://blockchain.capital/ Programming Blockchain: http://programmingblockchain.com Off Chain with Jimmy Song on Youtube: https://www.youtube.com/channel/UCEFJVYNiPp8xeIUyfaPCPQw Medium post on smart contracts: https://medium.com/@jimmysong/the-truth-about-smart-contracts-ae825271811f Jimmy's rebuttal to the responses to his post: https://medium.com/@jimmysong/crypto-keynesian-lunacy-16bb9193a58 Video of Amber Baldet, Joe Lubin and Jimmy's panel at Consensus -- video 31 under Day 1: https://www.coindesk.com/events/consensus-2018/videos/ Thank you to our sponsors! Blockchain Warehouse: https://www.blockchainwarehouse.com Clarity PR: http://clarity.pr Preciate: https://preciate.org/recognize/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This episode is brought to you by Pepsi Max. Christmas is great, but there's loads of ways to make it better.
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0:23.0	Better with Pepsi Max.
0:25.0	This episode is brought to you by Krakan.
0:30.0	crypto is like the financial system but different.
0:33.6	He doesn't care where you come from, what you look like, your credit score,
0:37.6	or your outrageous food delivery habits.
0:40.2	Cripto is finance for everyone, everywhere, all the time.
0:45.0	Visit Cracken.com slash see what crypto can be.
0:48.8	To learn more.
0:49.8	Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
0:57.0	Hi everyone, welcome to Unchained, your no-hype resource for all things
1:04.9	crypto. I'm your host Laura Shin. If you've been enjoying Unchained, pop into iTunes
1:10.0	to give us a top rating or review. That helps other listeners find the show.
1:14.0	Clarity PR is a global strategic communications agency that shapes market-leading
1:18.6	narratives for brands in crypto and blockchain to drive awareness and grow business.
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1:29.2	Please visit clarity. PR to learn more.
1:31.8	Blockchain warehouse is an international blockchain accelerator,
	...

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