The Dawn of The Bitcoin Dollar

In this episode of Bitcoin Spaces Live hosted by Bitcoin Magazine, hosts CK (@ck_snarks) and Alex McShane (@mcshane_writes) are joined by Mark Goodwin (@markgoodw_in) to discuss Mark's recent article for Bitcoin Magazine titled, "The Birth Of The Bitcoin Dollar". They explore the current petrodollar system, how Bitcoin will disrupt that system, what Bitcoin mining means for the energy sector, and much more.

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0:00 Mark’s background and how he got into Bitcoin.
2:56 Introducing Mark’s article, 'The Birth of the Bitcoin Dollar’.
4:48 A history of the petrodollar system and why it is broken.
9:25 How Bitcoin provides an alternative to the petrodollar system.
12:56 Why the Bitcoin dollar began in March 2020.
16:18 The role of the dollar in the rising value of Bitcoin.
17:57 March 2020: the birth of the Bitcoin dollar or the asset fiat rather?
23:38 The future of real estate and dollar-denominated assets.
32:49 How Bitcoin has de-incentivized the occupation of Afghanistan.
35:55 New kinds of wars over information and microprocessors.
39:35 Other changes on the horizon triggered by the adoption of Bitcoin.
48:40 Thoughts on Bitcoin becoming legal tender in El Salvador.
52:20 The significance of Bitcoin becoming legal tender in dollarized versus non-dollarized countries.
58:05 A recap of the main arguments made in Mark’s article.
1:05:33 The massive purchasing power of Bitcoin in the coming decade.
1:08:08 Final thoughts on the power of Bitcoin to make the world a better place.

The Bitcoin Dollar with Mark Goodwin