The Future of Bitcoin with Nic Carter, Eric Wall, & Udi Wertheimer
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 24 May 2023
⏱️ 70 minutes
🧾️ Download transcript
Summary
Taproot was the trojan horse that opened the door to a new wave of Bitcoin innovation and culture. At the forefront of this culture are Udi, Eric, and Nic, the taproot wizards causing a shift in the world of Bitcoin.
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Timestamps:
0:00 Intro
6:19 Introducing the Taproot Wizards
12:00 Rejected From Bitcoin Conferences
17:17 Meme and Culture Layer of Bitcoin
23:55 Taproot Was a Trojan Horse
30:28 Are Ordinals Good For Bitcoin Bags?
35:11 How Ordinals Have Changed Public Perception
41:27 A Bitcoin Civil War
47:14 "We Broke Bitcoin"
53:42 Addressing Bitcoin Media
1:04:15 Are David and Ryan Bitcoiners?
1:05:27 Closing and Disclaimers
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Resources:
Nic Carter
https://twitter.com/nic__carter
Eric Wall
https://twitter.com/ercwl
Udi Wertheimer
https://twitter.com/udiWertheimer
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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
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Transcript
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| 0:00.0 | Thankless Nation, it's time for State of the Nation. |
| 0:06.4 | We've got the topic that everyone is talking about right now. |
| 0:10.0 | Who is in the Bitcoin driver's seat? |
| 0:11.5 | Who's in charge of this thing right now? |
| 0:13.5 | Who's running it? |
| 0:14.5 | At least from a social layer perspective, of course. |
| 0:17.0 | I know David, Bitcoin runs itself, but there's been a disturbance in the force. |
| 0:22.2 | This thing called ordinals, it's consuming a lot of Bitcoin block space and there seem |
| 0:27.5 | to be some maybe social fracturing as a result. |
| 0:30.5 | So what are we going to talk about today? |
| 0:32.0 | We're going to talk about, yeah, who is in the cultural driver's seat over the Bitcoin |
| 0:38.0 | world? |
| 0:39.0 | Bitcoin, fundamentalist, Bitcoin, Maxi's elits, I don't know what to call them, but that |
| 0:43.4 | camp, we all know what they look like and sound like, have been in control for a very |
| 0:47.0 | long time until taproot comes in until this ordinals protocol. |
| 0:51.0 | And our three guests just got back from Bitcoin 2023 and we want to ask them what they think |
| 0:57.8 | about the current state of Bitcoin. |
| 1:00.5 | There's a lot of questions to ask. |
| 1:02.1 | Mainly, my biggest question is why is the most viral thing out of Bitcoin 2023, a video |
| 1:07.1 | of Eric Wall in Udeworthheimer dressed up as wizards dancing on state? |
| 1:10.0 | I think that's the most important question of this podcast, but also why are so many |
| 1:15.0 | Bitcoiners upset by this? |
... |
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