What Does Bitcoin Fix? With American HODL - WBD693
The Peter McCormack Show
Peter McCormack
4.7 • 2.8K Ratings
🗓️ 7 August 2023
⏱️ 110 minutes
🧾️ Download transcript
Summary
American HODL is an OG Bitcoiner who has been promoting the innovation for over 8 years. In this interview, we discuss a whole range of topics from free speech, the idea of a Bitcoin citadel, scaling Bitcoin and the race to hyperbitcoinisation.
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Back in June, American HODL tweeted "If you're new, you may not know that [Balaji Srinivasan] offered up the concept of voice vs exit back in '15. Voice = interior reform. Exit = voting with feet. Since then exit has become the rallying cry for many. Balaji and other proponents have already left. Here's why I'm staying…"
Is the concept of voting with your feet and leaving the city, state or country that is your home defeatist? Instead, should we be concentrating on staying, and reforming our own communities?
The degree to which a distorted currency distorts reality is certainly underappreciated outside of Bitcoin, and the wide ranging implications of Bitcoin as a global monetary system are yet to be seen, but rather than exiting the system, by staying and cleaning it up we will see what Bitcoin can actually fix.
Show notes: https://www.whatbitcoindid.com/podcast/what-does-bitcoin-fix
This episode's sponsors:
Iris Energy - Bitcoin Mining. Done Sustainably Ledn - Financial services for Bitcoin hodlers Bitcasino - The Future of Gaming is here Ledger - State of the art Bitcoin hardware wallet Wasabi Wallet - Privacy by default Unchained - Secure your Bitcoin with confidence
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Transcript
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| 0:00.0 | The slave system that we live in today, the Fiat system, what it does is it |
| 0:05.9 | extracts wealth from the future, from the unborn. And then we're, you know, |
| 0:10.3 | anticipating that technology or deflation is going to solve this problem |
| 0:14.4 | that we created by stealing from the future but it's a catch-22 because if no one |
| 0:17.8 | builds the future then there's not going to be a beautiful future for them to |
| 0:21.7 | inherit and all they're going to inherit is death. |
| 0:24.0 | Hello there, happy Monday. I hope you all had a great weekend. Right. Just a reminder, we've announced |
| 0:31.0 | the lineup for our live show in Sydney on September 9th. |
| 0:34.0 | WBD Live is heading to Australia and we have a stellar lineup. |
| 0:38.0 | We've got Nick Bartier, Willy Wu Checkmate, Russie Russell and Dan Roberts all on stage, it's going to be a banger, |
| 0:44.4 | and if you're in Australia. |
| 0:45.3 | If you want to come and hang out, |
| 0:46.6 | tickets available at what Bitcoin did.com, |
| 0:49.4 | just click on wbD live. |
| 0:51.6 | Anyway, welcome to the what Bitcoin did podcast, which is brought to you by the legends |
| 0:54.9 | at Iris Energy, the largest NASDAQ listed Bitcoin miner, using 100% renewable energy. |
| 1:00.3 | I'm your host Peter McCormack, and today we have my good buddy American Hodle back on the show. |
| 1:05.0 | Now back in June Hodle tweeted about the Voice versus Exit concept that Bilage made popular a few years ago |
| 1:11.0 | and how while the exit has become more popular as an idea |
| 1:14.6 | for Bitcoiners, he prefers to stay. |
| 1:16.6 | He wants to stay and have the fight. |
| 1:18.6 | So whilst we get into this, it is a wide range of conversation. |
... |
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