Michael Goldstein on Rejecting All Forms of Activism - WBD171
The Peter McCormack Show
Peter McCormack
4.7 • 2.8K Ratings
🗓️ 26 November 2019
⏱️ 92 minutes
🧾️ Download transcript
Summary
Location: Austin Date: Thursday, 22nd Nov Project: Noded Podcast Role: Co-Host
The ideology of Bitcoiners aligns closely with Libertarians as both value self-sovereignty and self-governance. Because of this, going down the Bitcoin rabbit hole often leads to Libertarianism and Austrian Economics.
There are though many levels of Libertarianism. Some believe in minarchism, the reduction but not complete removal of the state while others believe in full anarchy where there is no centralised state planning, and the free market determines what is best. Alternatively, some see it as a personal philosophy that they follow within the lines of current government and state systems.
How would the free market operate in an imperfect world? Without regulations, would it be possible to keep people safe? What about human greed? Would there be a social cost to a society structured this way?
To find out the answers to some of these questions, I talk to Michael Goldstein, the co-host of the Noded Podcast and President of the Nakamoto Institute to discuss Libertarianism. We discuss Libertarianism, the free market, rejecting activism and the transition to an anarcho-capitalist society.
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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 Los Angeles. |
| 0:08.0 | How are you all? |
| 0:09.0 | Welcome to the What Bit coin did podcast, |
| 0:11.0 | which is brought to you by The Mighty Cracken, the best |
| 0:13.7 | place to buy, sell and trade Bitcoin. I'm your host Peter McCormack and today I've got an |
| 0:18.0 | interview with Michael Goldstein, aka Bitstein, co-host of the Nodu Podcast and President of the Nakamoto Institute. |
| 0:24.9 | But before that, I have a message from my amazing sponsors. |
| 0:28.2 | Please do check them out. |
| 0:29.4 | It's because of the sponsors that I'm able to get out and do all these great interviews. |
| 0:33.0 | So first up we have Wire and thank you to everyone who's taking the time to check them out. |
| 0:38.0 | I caught up with Dunney last week to find out how the campaign's been going to find out if it's made a difference if it's moved |
| 0:43.4 | the needle and he told me they've had a massive uplifting inquiries so that is |
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| 1:25.0 | If you want to find out more, reach out to Waugh or create a developer account at semwire.com, which is S-E-N-D-W-Y-R-E. |
| 1:33.7 | And next up we have the amazing drop bit, |
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