The Role of Bitcoin Maximalism with Udi Wertheimer
SHOW NOTES:
https://www.whatbitcoindid.com/podcast/the-role-of-bitcoin-maximalism
Udi Wertheimer is an independent developer and consultant, and an active member of Bitcoin’s Twitterverse. In this interview, we discuss the evolved status and definition of Bitcoin maximalism, what success for Bitcoin means, and how Bitcoiners should interact with crypto investors.
THIS EPISODE’S SPONSORS:
Gemini - https://www.gemini.com/
Cake Wallet - https://cakewallet.com/
BlockFi - https://blockfi.com/peter
Pacific Bitcoin - http://pacificbitcoin.la/
Ledger - https://www.ledger.com/
Compass Mining - https://compassmining.io/
BCB Group - https://hubs.ly/Q011cb730
TIMESTAMPS:
00:00:00 Introduction
00:09:24 Bitcoin’s core strengths and what success for Bitcoin means
00:21:29 The rejection of altcoins
00:30:14 Moral imperative to promote good money; what is a shitcoin?
00:37:50 Building on Bitcoin
00:46:08 Is maximalism a culture war?
00:54:56 The purpose of Bitcoin maximalism
01:05:50 Should Bitcoin be a greater part of the digital economy?
01:17:00 How do we bridge the divide?
WHERE TO FIND THE SHOW:
→ My website: https://www.whatbitcoindid.com/podcast/
→ iTunes: https://apple.co/2OOlzVV
→ Spotify: https://spoti.fi/2ygc4W1
→ Stitcher: https://bit.ly/2IQO8fX
→ SoundCloud: https://bit.ly/2CGSVQR
→ YouTube: https://bit.ly/3nyi9Ez
→ TuneIn: https://bit.ly/2ywystr
LISTEN TO OLD EPISODES:
→ By guest: https://www.whatbitcoindid.com/guests/
→ By topic: https://www.whatbitcoindid.com/topics/
→ Transcriptions: https://www.whatbitcoindid.com/transcriptions/
SUPPORT THE SHOW:
→ https://www.whatbitcoindid.com/sponsorship/
→ Become a Patron: https://www.patreon.com/whatbitcoindid/
→ Subscribe on iTunes
→ Leave a review on iTunes
→ Share the show out with your friends and family on social media
→ Drop me a line on hello@whatbitcoindid.com
WHERE TO FOLLOW ME:
→ Twitter: https://twitter.com/whatbitcoindid/
→ Medium: https://medium.com/@whatbitcoindid/
→ Instagram: http://instagram.com/whatbitcoindid/
→ Facebook: https://www.facebook.com/whatbitcoindid/
→ YouTube: https://www.youtube.com/whatbitcoindidpodcast
→ Website: https://www.whatbitcoindid.com/
→ Email list: https://www.whatbitcoindid.com/subscribe/
LEARN ABOUT BITCOIN:
→ Step by Step Guide: https://www.whatbitcoindid.com/beginners-guide
→ Training: https://www.whatbitcoindid.com/training/
→ Resources: https://www.whatbitcoindid.com/resources/
#Bitcoin #Finance #Economics
****
“I don’t know if it relates to the whole block size war thing in 2017, I don’t know if it’s something else, but we changed the focus. The focus is not really on Bitcoin anymore. It’s on all the things that Bitcoin isn’t.”
— Udi Wertheimer
Udi Wertheimer is an independent developer and consultant, and an active member of Bitcoin’s Twitterverse. In this interview, we discuss the evolved status and definition of Bitcoin maximalism, what success for Bitcoin means, and how Bitcoiners should interact with crypto investors.
- - - -
Nearly 2 years ago I interviewed Udi to discuss Bitcoin, Ethereum and maximalism. He’s an important voice as, whilst being a Bitcoin advocate, Udi also provides valid critical analysis. As the merits and risks of Bitcoin maximalism are again at the forefront, it is valuable to hear his current views. The fundamental issue is whether maximalism is a net positive or negative for #Bitcoin.
The difficulties start with defining maximalism, and what unique utilities of Bitcoin maximalists are to coalesce behind. Is it a movement to protect the technical development of Bitcoin i.e. protecting monetary policy, protecting the protocol?
Or is maximalism a cultural phenomenon predicated on developing a moral framework that seeks to provide refuge from more brutal capitalist behaviours? Does maximalism need to be unrelenting in its dismissal of other developments within crypto for the purposes of protecting green retail investors from scams? When, if ever, does defence need to become attack?
Maximalism has served as a moral check on the development of Bitcoin. Adherents are right to treat manifestations of the status quo with suspicion. However, there is a delicate line to be taken. History is littered with examples of principled movements being radicalized into counter productive factions.
-
38:36
What Bitcoin Did
10 days agoThe Economics of Bitcoin with Lyn Alden, Preston Pysh, Allen Farrington, Max Hillebrand
2673 -
LIVE
SNEAKO
7 hours agoWE'RE SO BACK
5,267 watching -
4:10:26
Alex Zedra
6 hours agoLIVE! use code Zedra for 30% off to enter to win M249 SAW | Drawing on 5/15
40K4 -
1:31:30
Habibi Bros.
8 hours agoThe Broletariat | Habibi Power Hour #221
36.4K3 -
2:52:50
Due Dissidence
12 hours agoDana Bash SMEARS Protesters, ORWELLIAN Speech Bill PASSES House, Columbia Fallout - w/ Prof. Zenkus
53.7K38 -
3:30:08
Melonie Mac
8 hours agoGo Boom Live Ep 2: Lara Croft Wokeover and More!
41.7K4 -
1:08:49
The Late Kick with Josh Pate
10 hours agoLate Kick Live Ep 509: Deion & Colorado | Transfer Portal Apology | Underrated Teams | CFP Issues
32.8K1 -
1:22:35
The Anthony Rogers Show
16 hours agoEpisode 304 - Let's Solve Homelessness
29.1K2 -
1:01:39
The StoneZONE with Roger Stone
12 hours agoIs Jack Smith's Appointment Even Legal? Trump Impeachment Lawyer David Schoen Enters The StoneZONE!
51.2K24 -
1:07:02
Donald Trump Jr.
15 hours agoBiden Moves US Closer to a Military Draft, Ric Grenell Explains Why, Plus the Jack Smith Scandal You Haven’t Heard About | TRIGGERED Ep.133
128K163