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The Breakdown

State Power & Authoritarianism After Coronavirus featuring Peter McCormack

The Breakdown

Blockworks

Investing, Business

4.8806 Ratings

🗓️ 20 March 2020

⏱️ 72 minutes

🧾️ Download transcript

Summary

Peter McCormack is the host of What Bitcoin Did and the Defiance podcast. He recently returned from travel to a number of countries in South America including Venezuela and Colombia as well as the Turkey-Greece border.  In this off-the-cuff and wide ranging conversation, Peter and @NLW discuss Bitcoiner politics and the bitcoin community’s reaction to the potential for increased state power in the wake of Coronavirus Which types of state power growth we should be most concerned with  How to push governments to retract power growth on the other side of crisis  How travel around the world has informed Peter’s perspective on bitcoin and politics Why nuance is both disincentivized and sorely needed in times of crisis

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome back to the breakdown, an everyday analysis breaking down the most important stories in Bitcoin, crypto, and beyond with your host, NLW.

0:15.0

The breakdown is distributed by CoinDesk.

0:20.3

All right.

0:21.2

So I am here with the infamous Peter McCormick.

0:24.3

How are you doing, man?

0:25.1

I'm doing very well.

0:26.3

How are you, Nathaniel?

0:27.2

Very strange times right now.

0:29.2

It is, it is strange times.

0:31.3

Like, man, I feel like our younger selves talked about strange times last year probably and you know whatever like

0:40.3

it's it's it's officially crazy times and it seems like it's been especially crazy for you lately

0:44.7

well yeah but well i think it's strange for everyone now and i think the situation that we all feared

0:52.4

i don't know actually i kind of get the feeling some people,

0:57.1

I'm going to try and pick my words carefully, but some people are watching this situation

1:03.8

and seeing things they expected to play in the play out in terms of governments and

1:10.1

the centralised control play out exactly

1:13.7

as they've always said it would and I'm very fearful right now of getting into the whole

1:18.9

extended reach of the state that this is going to be used by the government to to exert bigger

1:25.8

control over us they're going to put the army on the streets and reduce our civil liberties and take control of our money, blah, blah, blah, blah.

1:33.1

All those things that people in our field have been talking about for quite a long time that's been happening anyway.

1:39.3

That seems to be accelerating right now.

1:42.1

My view is that I understand why some of this is accelerating now in

...

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