4.8 • 689 Ratings
🗓️ 2 October 2021
⏱️ 33 minutes
🧾️ Download transcript
Blockchain technology presents opportunities for dissonant opinions, fractionalization and internal reform unmatched in the fiat world.
Speaking of Bitcoin on the CoinDesk Podcast Network is brought to you by CrystalBlockchain.com
Join hosts Jonathan Mohan, Stephanie Murphy and Andreas M. Antonopoulos as they dissect “Voice and Exit,” or the power and necessity of being able to impact a system, whether financial, social or governmental, and if necessary, leave altogether. “Voice and Exit” was popularized by Balaji Srinivasan in 2013, where Srinivasan outlined how voice is attempting to change a system from within, while exit is leaving to create a new one.
Crypto has provided new methods to exercise voice and exit. Forks, software or protocol changes that users can choose to upgrade to, are an example of exit inherent to blockchain technology. Forks give the community a chance to decide whether to continue with the upgrade or remain in the old rules; forks have created spin-off currencies like Bitcoin Cash and Bitcoin SV.
As opportunities for voice and exit seem to be gradually disappearing, can crypto help those who need them most?
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0:00.0 | This episode of Speaking of Bitcoin on the Coin Desk Podcast Network is brought to you by |
0:04.4 | CrystalBlockchain.com. |
0:06.4 | So are you into cryptocurrencies? |
0:08.7 | Yeah, Bitcoin or Ethereum. |
0:11.5 | Bitcoin. |
0:12.1 | Oh, me too. |
0:13.5 | Bitcoin Core or Bitcoin Cash? |
0:16.2 | Bitcoin Core. |
0:17.2 | Oh, me too. |
0:18.6 | Bitcoin Core pre-seggwit or post-seggwit. Bitcoin Core post-seguit. Oh, me too. Bitcoin core pre-seguid or post-seguid. |
0:21.7 | Bitcoin core post-seguit. |
0:23.4 | Oh, me too. |
0:24.4 | Bitcoin core post-segwit with Tappert? |
0:27.0 | Oh, yeah. |
0:28.0 | Bitcoin Core post-segwit with Tafford. |
0:30.2 | Me too. |
0:31.4 | Notts implementation or Bitcoin D? |
0:34.3 | Notts implementation. |
0:35.6 | Die heretic. |
0:39.8 | A Bitcoin through the lens of exit versus voice. |
0:45.7 | Exit versus voice is an iconic talk that Balaji Shrinavasan gave in 2013. |
0:51.9 | We'll link that in the description of the show. |
... |
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