LEIGH: Udi Wetheimer on Real Bitcoin Use and Cyperpunk Myths
CoinDesk Podcast Network
CoinDesk
4.7 • 698 Ratings
🗓️ 14 March 2020
⏱️ 60 minutes
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| 0:00.0 | And today, suddenly, you know, some payment processors would have you for something like ICO. |
| 0:04.5 | So today, if someone's doing a token sale, they will probably allow wire transfers and so on. |
| 0:10.0 | This is kind of what Bitcoin does. |
| 0:12.0 | You find this hole or you find this need somewhere. |
| 0:15.0 | People will use Bitcoin to get across this gap, and then the gap will slowly close. |
| 0:22.8 | And that's a good thing. |
| 0:23.9 | So people will stop using Bitcoin there, but everything is better for everyone. |
| 0:27.7 | So that's generally a good thing, I would say. |
| 0:33.6 | Hello, I'm Coin desk reporter Lee Quinn, here with Udi Vertimer, a blockchain consultant, |
| 0:39.3 | Tron Schill, and Ethereum influencer. |
| 0:42.0 | We're here to talk today about software and culture. |
| 0:44.6 | Thanks for joining us today, Udi. |
| 0:46.1 | Thanks for having me, Lee. |
| 0:47.2 | I love this intro. |
| 0:48.4 | I'm going to use it. |
| 0:49.3 | For everyone listening at home, I want to catch you up on an ongoing conversation I've been |
| 0:53.3 | having with Udi since 2017. So I personally believe there are multiple cryptocurrency cultures, meaning |
| 0:59.3 | that people gather in groups with certain social norms and expectations, and they repeat |
| 1:03.3 | specific patterns. It doesn't mean the asset, like Bitcoin, is defined by these cultures |
| 1:07.9 | any more than Clinique, Black Honey, lipstick is defined by |
| 1:11.2 | skincare forums. But the asset is a product and people project their beliefs onto it and |
| 1:15.6 | it influences how they use it. From Udi's perspective, Bitcoin doesn't necessarily need |
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