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Is Bitcoin Doomed to Fail? Eric Wall and Justin Bons Face Off - Ep. 398

Unchained
69.5K subscribers
9K views 2 years ago Unchained
Is Bitcoin Doomed to Fail? Eric Wall and Justin Bons Face Off In a heated debate, Eric Wall, crypto blogger and investor, and Justin Bons, founder and chief investment officer of Cyber Capital, discuss Bitcoin’s security model, whether there are fundamental flaws in its design, and which is the best consensus mechanism. Show highlights: 🔹 why Justin stopped believing in Bitcoin and why he calls it “technically one of the worst cryptocurrencies” 🔹 how Eric’s views on Bitcoin changed over time 🔹 the problems they see with Bitcoin’s security 🔹 why Eric attacks BTC maximalism, even when he is a Bitcoiner 🔹 how the Bitcoin community will change in the next decades, and why the security problem is a challenge that could be solved 🔹 whether BTC should increase its inflation and whether that would break the store of value proposition 🔹 why Justin thinks that BTC fails as money and won’t play a relevant role in the future 🔹 what happened aro …...more
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Is Bitcoin Doomed to Fail? Eric Wall and Justin Bons Face Off - Ep. 398
317Likes
9,087Views
2022Sep 20
Is Bitcoin Doomed to Fail? Eric Wall and Justin Bons Face Off In a heated debate, Eric Wall, crypto blogger and investor, and Justin Bons, founder and chief investment officer of Cyber Capital, discuss Bitcoin’s security model, whether there are fundamental flaws in its design, and which is the best consensus mechanism. Show highlights: 🔹 why Justin stopped believing in Bitcoin and why he calls it “technically one of the worst cryptocurrencies” 🔹 how Eric’s views on Bitcoin changed over time 🔹 the problems they see with Bitcoin’s security 🔹 why Eric attacks BTC maximalism, even when he is a Bitcoiner 🔹 how the Bitcoin community will change in the next decades, and why the security problem is a challenge that could be solved 🔹 whether BTC should increase its inflation and whether that would break the store of value proposition 🔹 why Justin thinks that BTC fails as money and won’t play a relevant role in the future 🔹 what happened around the time of the blocksize debate back in 2015-2017 🔹 whether there’s something wrong with Bitcoin’s culture and why Eric compares it to a doomsday cult 🔹 why Ethereum has external dependencies that can impose system risks, according to Eric 🔹 whether proof of stake or proof of work is a better consensus mechanism 🔹 whether Ethereum is more censorship resistant than Bitcoin 🔹 why BTC is a speculative asset and what Justin believes is needed for crypto to finally flourish Thank you to our sponsors! Crypto.com Ava Labs a16z Read the full podcast here https://unchainedpodcast.com/is-bitco... ++++++++++++++++++++++++++++++++++++++++++++++++ TIMESTAMPS 00:00:00 Intro 00:01:58 Different Views on BTC 00:05:10 BTC’s Security Model 00:24:43 Blocksize Wars and BTC Maximalism 00:34:14 BTC Governance Theory 00:42:11 BTC Culture 00:53:32 Monetary Aspects of BTC 01:08:54 PoS vs PoW 01:21:52 Concluding Remarks ++++++++++++++++++++++++++++++++++++++++++++++++ #bitcoin #ethereum #crypto #cryptocurrencies ++++++++++++++++++++++++++++++++++++++++++++++++ FOLLOW UNCHAINED! WEBSITE → https://unchainedpodcast.com UNCHAINED DAILY NEWSLETTER → https://unchainedpodcast.com/category... BULLETIN NEWSLETTER → https://laurashin.bulletin.com LAURA'S TWITTER →   / laurashin   UNCHAINED TWITTER →   / unchained_pod   FACEBOOK →   / unchainedwithlaurashin   YOUTUBE →    / unchainedpodcast   INSTAGRAM → https://www.instagram.com/laurashin/?... LINKEDIN →   / laurashin   MERCHANDISE → https://shop.unchainedpodcast.com/ ++++++++++++++++++++++++++++++++++++++++++++++++ NEW EPISODES OF UNCHAINED EVERY TUESDAY AND FRIDAY! THE CHOPPING BLOCK LIVESTREAMED EVERY OTHER TUESDAY! Apple → https://podcasts.apple.com/us/podcast... Spotify → https://open.spotify.com/show/1cJrrfG... Google Podcast → https://www.google.com/podcasts?feed=... Stitcher → https://www.stitcher.com/podcast/forb... TuneIn → https://tunein.com/podcasts/Business-... Youtube →    • Unchained   Website → https://unchainedpodcast.com/category... RSS Feed → https://unchained.libsyn.com/unchained ++++++++++++++++++++++++++++++++++++++++++++++++ YOUR NO-HYPE RESOURCE FOR ALL THINGS CRYPTO! ++++++++++++++++++++++++++++++++++++++++++++++++
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Unchained

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Unchained

69.5K subscribers