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The Peter McCormack Show

Texas is Bitcoin Country with Will Cole - WBD502

The Peter McCormack Show

Peter McCormack

Power, Politics, Government, Markets, News, Society & Culture, Technology, Society, Inflation, Finance, Bitcoin, Economics, Money

4.72.8K Ratings

🗓️ 16 May 2022

⏱️ 99 minutes

🧾️ Download transcript

Summary

Will Cole is Chief Product Officer at Unchained Capital. In this interview, we discuss Texas and Austin as ideological centres for Bitcoin, the undervalued importance of state sovereignty in the US, CBDCs being the greatest disaster for liberty and personal freedom, and toxicity on Twitter.

- - - -

Something is happening in Texas. It has always had an independent streak, rooted in its rich history. The state was born of revolution, and it was initially a republic in the mid 19th century before the Mexican-American War. That thirst for freedom is hard-wired into the Texan psyche. Now it is a beacon to Americans from other states seeking increasingly elusive sovereignty.

It is therefore not surprising then that Bitcoin has been adopted and fostered in Texas.

From very early in it's history, a strong community of maximalists united and sought to safeguard Bitcoin in this part of the US. That effort is now starting to pay off. The strong affinity for Bitcoin by Texans has evolved such that the state is fast becoming the centre of groundbreaking efforts to integrate Bitcoin and energy grids.

The state is arguably spearheading a new adoption wave within the US that includes serious politicians. Could Texas take the next step and create the conditions to orange pill a nation?

Those Bitcoiners in the state aren't waiting to find out. They're moving at pace to help Texas and other states continue the outreach, policy drafting and technical buildout to realise the benefits of what is a keenly American innovation. They're also keenly focused on the attack vectors on the horizon, be it CBDCs or divisions within the community.


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Transcript

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0:00.0

What's the end game is, honestly, to do less harm, right?

0:05.0

Bitcoin doesn't actually need politicians to make it succeed.

0:10.0

It will succeed on its own merits.

0:12.0

What would be helpful is to not have people actively

0:15.3

attacking it and elongating the inevitable collapse of their own currencies, but also

0:20.7

rise of Bitcoin as a global reserve currency.

0:24.0

Hello there, how are you doing?

0:26.0

Welcome to the What Bitcoin did podcast,

0:28.0

which is brought to you by Gemini, the only place I am using for buying Bitcoin.

0:32.0

I'm your host, Peter Pete McCormack and before we get

0:34.7

into the interview today I have a quick message from my show sponsors. This show is brought to

0:40.0

you by Gemini who I am using exclusively for buying the selling Bitcoin, and even though

0:45.1

they've been with me for a year, I have not sold a single sat with Gemini.

0:48.8

I'm only buying, I'm a Hodler, but I have been buying Bitcoin with them.

0:53.2

Not only have I been buying the ditch through Germany,

0:56.0

but I also set up my DCA with twice monthly buyers of Bitcoin,

1:00.0

and I'm yet to see a better or easier interface for buying Bitcoin.

1:04.1

With a streamlined trading view you have access to all the tools you need to understand

1:08.8

Bitcoin and start investing all through one clear attractive interface and Gemini are now running a special

1:15.2

offer for listeners of what Bitcoin did all you need to do is head over to Gemini.com

1:20.3

forward slash WBD and new customers will get twenty dollars in

1:24.2

Bitcoin when they trade one hundred dollars or more on Gemini if you want to find out

...

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