Spending Bitcoin with Ragnar Lifthrasir - WBD228
The Peter McCormack Show
Peter McCormack
4.7 • 2.8K Ratings
🗓️ 2 June 2020
⏱️ 73 minutes
🧾️ Download transcript
Summary
Location: Zoom Date: Wednesday 27th May Project: Guns N' Bitcoin Role: Chief Range Officer
Bitcoin's immune system has evolved from years of defeating threats, staving off bad actors and protecting the core principles of the network.
Many Bitcoiners consider Bitcoin as gold 2.0, threatening the corrupt practices of central banking. As such, small blocks, the fee market and hodling are essential components of defeating fiat. With such staunch views from within the community, even just opening up these topics for debate can see a backlash from Bitcoiners.
Why has spending Bitcoin become such a contentious issue for some? It was the Silk Road and Wikipedia, which proved the importance of censorship resistance, enabling people to circumvent oppressive government rules.
Developers working on Bitcoin are held to the highest levels of scrutiny, and rightly so, but why aren't the ideas around Bitcoin usage equally scrutinised?
In this interview, I talk to Ragnar Lifthrasir from Guns N' Bitcoin. We discuss the Bitcoiner narratives, why spending Bitcoin is as important as hodling, libertarianism, guns and the 2nd amendment.
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Transcript
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| 0:00.0 | How does having an asset go up in value change the world? It doesn't. It's not going to replace central banks. If anything, they will co-opt it. What really changes things is the transactions. |
| 0:12.0 | Hello there from Bedford. how are you all? |
| 0:14.0 | Welcome to the What Bitcoin did Podcast, which is brought to you by The Mighty Cracken, |
| 0:18.0 | the best place to buy, sell and trade Bitcoin. |
| 0:20.0 | And before I introduce the show this week, I do just want to say a massive thank you. |
| 0:24.0 | I've just run the numbers for last month and I had record downloads on both what |
| 0:28.2 | Bitcoin did and my other podcast defiance. So just want to say a big thanks to everyone who |
| 0:32.4 | listens and all the guests, everyone comes on the show, everyone who helps support all this content that I'm making. |
| 0:37.0 | I love you all, I really, really do appreciate it. |
| 0:40.0 | Anyway, this week I have another interview with Ragnar, I'm not going to say his surname because I can't pronounce it, but before we get into that, I do have a message from my show sponsors. |
| 0:48.0 | So first up today we have Sports Bet.io, have you checked them out yet? They are the best place for online gaming and they accept Bitcoin also after the long sporting break football is back on the agenda. We have the Bundesliga plan and the Premier League is going to be back soon. I'm going to be running some bets myself. |
| 1:04.0 | So keep an eye out for that and also we have another |
| 1:07.6 | Bitcoin poker tournament coming up with sports bet. |
| 1:09.6 | I will be announcing this very very soon on Twitter and back on here another bunch of |
| 1:13.8 | prizes up for grabs including a bunch of Watford shirts with Bitcoin logos on them. |
| 1:18.2 | So if you want to find out more about sports bet. |
| 1:20.0 | AO please head over to their website which is SPO R T S B E T dot I. Also, I've got a gap in my schedule this week, |
| 1:28.0 | so I do want to give a shout out to one of the companies that I've always liked in the Bitcoin space, which is Karsa. |
| 1:33.7 | So I've been talking to their CEO, Nick Newman, talking about getting my security up to speed. |
| 1:38.0 | It's not something I've looked at for a while now, a good few months, and it's time for a refresh. |
| 1:41.8 | Lop always tells me this is something you should be doing. So I'm going to be doing is setting up my class of key management. I'm going to document my entire progress and now I think I'm going to get Nick and Lop on the show to talk about this |
| 1:53.6 | because I think as Bitcoin is entering another interesting cycle it is really |
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