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Ethics of Bitcoin Maximalism with Pete Rizzo
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2021Nov 4
SHOW NOTES: https://www.whatbitcoindid.com/podcas... In this interview, I talk to Pete Rizzo, the Editor at Kraken & Bitcoin Magazine. We discuss the ethics of bitcoin maximalism, its role in protecting bitcoin, and the path to hyperbitcoinisation. THIS EPISODE’S SPONSORS: Gemini - https://www.gemini.com/ BlockFi - https://blockfi.com/peter Sportsbet.io - https://sportsbet.io/?ref=wbd Casa - https://keys.casa/?pk_campaign=wbd-ye... Exodus - https://www.exodus.io/ Ledger - https://www.ledger.com/ Compass Mining - https://compassmining.io/ TIMESTAMPS: 00:00:00 Introduction 00:08:35 Understanding Bitcoin 00:21:08 Becoming maximalist 00:30:14 Meaningful decentralization 00:44:15 Toxic defense 00:58:42 Rights and Ethics 01:11:38 Bringing hyperbitcoinization 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/transc... SUPPORT THE SHOW: → https://www.whatbitcoindid.com/sponso... → Become a Patron:   / 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:   / whatbitcoindid   → Medium:   / whatbitcoindid   → Instagram:   / whatbitcoindid   → Facebook:   / whatbitcoindid   → YouTube:    / whatbitcoindidpodcast   → Website: https://www.whatbitcoindid.com/ → Email list: https://www.whatbitcoindid.com/subscr... LEARN ABOUT BITCOIN: → Step by Step Guide: https://www.whatbitcoindid.com/beginn... → Training: https://www.whatbitcoindid.com/training/ → Resources: https://www.whatbitcoindid.com/resour... **** “Humanity has generally progressed by moving through shifts in thought, there was the renaissance, there was the enlightenment, there was the dark ages, and now we live in fiat land...Bitcoin is the reaction to that, bitcoin will fix that problem.” — Pete Rizzo Location: New York Date: Wednesday 27th October Company: Kraken & Bitcoin Magazine Role: Editor The role of Bitcoin maximalism is a hugely divisive topic. As a decentralised network, Bitcoin has no leaders or spokespeople to counter false information or fend off an attack. In the absence of leaders, bitcoiners from all over have become an important immune system for the network. They protect the protocol from bad actors, false narratives and prevent anyone from gaining too much influence over the network. This has proved highly effective and has been key throughout the history of Bitcoin. Most notably during the scaling wars that culminated in 2017. However, for all the good toxic maximalism has done, it can, at times, go too far. But in a world headed to hyperbitcoinisation, is Bitcoin maximalism an important ethical stand to take? In this interview, I talk to Pete Rizzo, the Editor at Kraken & Bitcoin Magazine. We discuss the ethics of bitcoin maximalism, its role in protecting bitcoin, and the path to hyperbitcoinisation.
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