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The Peter McCormack Show

WBD Live - NYC: Junseth on Ordinals with Junseth - WBD626

The Peter McCormack Show

Peter McCormack

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

4.72.8K Ratings

🗓️ 3 March 2023

⏱️ 90 minutes

🧾️ Download transcript

Summary

Junseth is an OG Bitcoiner and the former co-host of Bitcoin Uncensored. In this live interview, recorded at Pubkey in New York, we discuss the latest Bitcoin phenomenon - ordinals. We also talk about the philosophy of Bitcoin: what it's for, what it can be, and how it's still the only blockchain that adds value to society.

- - - -

This was the second ever live What Bitcoin Did show, hosted at the excellent Pubkey in New York City. And, for a live show, we needed a combination of an OG Bitcoiner, with strong opinions, who could sing…luckily Junseth was available!

Junseth is obviously a Bitcoiner who's happy to tackle hot topics. So we began by discussing the good and the bad of ordinals: it has certainly strengthened Bitcoin in terms of node usage and transaction fees, but are inscriptions the best use of the blockchain? And, as Junseth espouses, should we get too concerned about tests of Bitcoin's anti-fragility?

Further, we talked about what, for an OG, Bitcoin represents both today and in the future. Can Bitcoin fix everything? If not, what is Bitcoin's lane or lanes? How early are we? Why people need to shitcoin before finding Bitcoin is the only blockchain. How it strengthens American democracy. And what it will take for Bitcoin to change the world.

Finally, Junseth took some excellent questions from the crowd. He covered economic degeneracy, Bitcoin's limitations, how Bitcoin supports democracy and American values, and whether we should be hodling or spending Bitcoin. He would have given us golden material on every subject under the sun if we'd had the time!

We were very grateful to have a sell-out and supportive crowd, and thanks again to our amazing hosts Pubkey! It's been a long time since we did a live event, but there will definitely be more to come this year. In fact, we have 2 shows scheduled: in Bedford on April 14th and in Miami on May 17th.


Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

Bitcoin for the first time gives you the sovereign and and particular right to your finances to spend to trade and

0:16.4

that's something we didn't know that the government couldn't take away from you.

0:19.2

Bitcoin is the

0:25.0

good of God-given right to have your value.

0:24.0

Hello there, how are you all?

0:26.0

You're having a good week.

0:27.0

What's been going on for you guys?

0:29.0

You know what, I've had so much feedback on this Michael's sunshine show.

0:32.0

Not all positive, mainly positive, a lot of people

0:36.0

saying I push back in them well, but a bunch of people saying I push too hard. Not really

0:40.8

my normal type of interview, but happy to do it and you know what I'm happy to have Michael back on the show if he wants to come on

0:46.4

Anyway, welcome to the what Bitcoin did podcast which is brought to you by Gemini the only place I'm using for buying Bitcoin

0:51.8

I'm your host Peter McCormack and today I've got a very special show for you. I know I say this all the time, but this was a very special show. So when we were in New York recently on our most recent sprinter shows, we recorded a WBD live event with Junseth, but it was special for a couple of reasons.

1:07.0

Actually, firstly, let me give a shout out to Pubkey and Thomas for all their hospitality while we were there.

1:12.0

They hosted the event and we were recording all our

1:14.0

podcasts that week above the bar. So big shout out to them guys. If you're in New York, definitely go and check out

1:19.1

Pupke. But this show was pretty special because a couple of people arrived by surprise.

1:23.2

So firstly, Rich Roll was there.

1:25.0

Now if you don't know Rich, he's a massively super successful podcaster.

1:29.1

And when I decided to become a podcaster, it's because of him.

1:32.2

I reached out to him and said,

1:33.4

listen, I love what you're doing, how do I do it? And he supported me the whole way,

...

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