Knut Svanholm - ♾/21M (BWP9)

Knut Svanholm joins me today for an excellent chat covering the story behind the infamous “Everything Divided By 21 Million” meme, why Bitcoin is better for the environment than fiat, why all “crypto” altcoins are a waste of time, and misconceptions around wage laws, capitalism, communism, and more.

I hope you enjoy it as much as I did!

TIMESTAMPS ⏱

00:00:00 Knut's story / Origin of becoming a bitcoin author
00:11:03 The infinity over 21 million meme is born / Bursting onto the bitcoin scene
00:18:39 Modern parallels to the separation of church and state / Power struggles that shaped history
00:27:44 The state of the modern economy, inflation, and debt / Bitcoin as the much-needed separation of money and state
00:33:22 Time preference / How bitcoin breaks down fear, and promotes love
00:34:43 How bitcoin saves refugees escaping authoritarian regimes / Knut's favorite memory from his bitcoin career
00:38:05 Are rich people evil...or are we in a "Don't hate the player, hate the game" scenario?
00:43:16 Is Bitcoin just another unfair system, where there's a new rich class at the top and everyone else is left with scraps?
00:47:06 The inconvenient truth on wage laws
00:50:30 What happens when the working class starts earning their wages in sound money?
00:52:31 Capitalism vs. Communism in a present-day context: wordplay vs. reality
00:59:47 How Bitcoin fosters environmental preservation far better than fiat / Fiat and hyper-consumerism are conjoined at the hip
01:06:33 Why Knut disagrees with Ben on the carnivore diet; believes it's an overcorrection/too extreme
01:08:58 Do bitcoiners all repeat the same dogma over and over? Or do they all disagree on basically everything?
01:12:12
How the shitcoin phase upgrades your trust-allocation skills
01:14:00 What makes Bitcoin unique / The "One Shot Principle" / Discussion on shitcoins and ordinals
1:23:56 Dissecting scarcity and decentralization; why they're necessary for bitcoin, and don't work for any other crypto

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