Why Progressives Need Bitcoin with Trey Walsh - WBD635
The Peter McCormack Show
Peter McCormack
4.7 • 2.8K Ratings
🗓️ 22 March 2023
⏱️ 69 minutes
🧾️ Download transcript
Summary
Trey Walsh is a nonprofit director and progressive Bitcoiner. In this interview, we discuss the problems facing Gen Z: climate change, high education and housing costs, wider economic problems constraining opportunities, the erosion of democracy, and social media-induced mental health challenges. We talk about why Bitcoin could provide hope to this hopeless generation.
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Gen Z is suffering. They have been excluded from the growth in asset prices over the past few decades, but are facing the dire consequences of spiralling debt on the provision of public services. They are being excluded from discussions about climate change, yet they will be expected to front the response in the coming decades.
They are being told they are too woke, ignorant and lazy by those under whose watch democracy has been allowed to crumble. And whilst there is a dearth of ethical and inspiring leaders charting a path for this disillusioned generation, there is a significant amount of vitriolic noise in the media, exploiting the fear in return for eyeballs, clicks and likes.
Gen Z's hopelessness is manifesting itself in a mental health crisis: compared to other generations Gen Z has lower feelings of emotional well-being. The response of older generations is that Gen Z-ers are snowflakes - they need to toughen up. This is cruelly counterproductive as Gen Z is least likely to seek help: they are 3 times more likely to consider suicide than other generations.
Into this void of despair comes Bitcoin. There has been a timely reappraisal of the "Bitcoin fixes this" meme over the past year. Obviously, Bitcoin is not a panacea for all of the world's ills. But, it is a technology that is providing hope to those developing material mitigations to some of the most deep-rooted problems in our society.
Trey Walsh strongly believes that Bitcoin provides hope for the environment, for a more socially-just economic system and for democracy. It offers this as politicians and decision-makers continue to peddle obvious self-serving fantasies. As Trey asserts, "Gen Z deserves the opportunity to be presented with the stories of hope in Bitcoin." This is why we should be working for Bitcoin: it provides "hope for a generation found hopeless."
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Transcript
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| 0:00.0 | It's because we've politicized everything. |
| 0:02.5 | Problems aren't problems anymore. |
| 0:04.0 | They're, for the left, what is their approach? |
| 0:06.5 | For the right, what is their approach? |
| 0:07.5 | And it's because the political system is broken and obviously most of the listeners |
| 0:11.4 | and we know it's also the financial system is completely broken. |
| 0:15.0 | Hello there, how are you all? |
| 0:17.0 | You have a good week. |
| 0:18.0 | Rell Bedford won again last night, a massive 3-0 win away at Northampton Silby. The title is very close. It's nearly in the bag. |
| 0:26.0 | Also, we've just announced all our guests for WBD live. It's on April the 14th in Bedford and we've got Ben |
| 0:32.2 | Arc, James Lavish, |
| 0:33.7 | Lawrence leopard and Jeff Booth all coming to my hometown. |
| 0:36.3 | I can't wait. |
| 0:37.4 | If you want to get yourself a ticket please head over to what |
| 0:39.8 | Bitcoin did.com and click on WBD live. Anyway, welcome to the what Bitcoin did. and click on WBD Live. |
| 0:43.0 | Anyway, welcome to the What Bitcoin did podcast brought to you by Gemini, the only place I'm |
| 0:47.6 | using for buying Bitcoin. |
| 0:49.0 | I'm your host, Peter McCormack, and today I've got a newcomer on the show. |
| 0:52.0 | I've got Trey Walsh. |
| 0:53.0 | Now he reached out to me a couple of months ago. |
| 0:55.0 | He dropped us an article he had written for Bitcoin magazine called Bitcoin |
| 0:59.0 | Bitcoin Creates Hope for a Generation Found Hopeless. |
... |
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