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The Cypherpunk Revolution with Austin Hill
1KLikes
19,955Views
2022Jan 6
SHOW NOTES: https://www.whatbitcoindid.com/podcas... In the first of two successive interviews, I talk to cypherpunk & former Blockstream CEO Austin Hill. We discuss how he discovered the cypherpunks, his challenging early endeavours, a reawakening through Bitcoin, and the risks and opportunities for the future. 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... Ledger - https://www.ledger.com/ Compass Mining - https://compassmining.io/ BCB Group - https://hubs.ly/Q011cb730 LVL - https://www.lvl.co/wbd TIMESTAMPS: 00:00:00 Introduction 00:02:15 Discovering the cyberpunks 00:12:09 Post dotcom & rise of Bitcoin 00:26:25 Creation of Blockstream 00:39:25 Blockstream and the Blocksize wars 00:51:25 Building strong foundations 01:03:02 Risks, hyperbitcoinized cities, the future 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... **** “Everyone thought we had this masterplan for Blockstream… I literally went to our investors and I said ‘You need to look at Bitcoin as the Manhattan Project of the financial singularity. The world of finance will be completely remade with Bitcoin at the core. It is literally like creating atomic fusion that Feynman and Teller and Oppenheimer did…we’re going to need a shit load of money, and I have no idea how we’re going to make money, but we’ll figure it out.’” — Austin Hill Location: New York Date: Tuesday 7th December Company: Former CEO of Blockstream Role: Entrepreneur, VC & Cypherpunk Many are still ignorant of the cypherpunk movement. Yet, it is arguably one of the most consequential enterprises in the history of man. The rise of civilization has been marked by a slow shift from centralized control to increasing levels of individual sovereignty. This was accelerated by the industrial revolution, with political institutions adapting to facilitate increasing levels of democracy. Democracy peaked in 1990's: Francis Fukuyama predicted in 1992 universalization of liberal democracy would lead to 'The End of History'. But in only a generation, this certainty of the future has been lost. We are now at a critical junction, where many fear technology could allow for a permanent totalitarian structuring of society. Cypherpunks seek to ensure the balance of power is in the hands of the individual. Foreseeing the inherent danger to maintaining an open society in the electronic age, they have and continue to devise privacy-enhancing technologies. "We know that someone has to write software to defend privacy, and... we're going to write it." A Cypherpunk's Manifesto (Eric Hughes, 1993). The future role of the individual, and the essence of civilization, is in the hands of an informal, diligent, dispersed, and largely unheralded cohort of computer and cryptography experts. I sat down with Austin Hill, one of the original converts to the cypherpunk movement, and more lately, a pivotal safeguarding figure for Bitcoin. In the first of two successive interviews to be released, we discuss how he discovered the cypherpunks, his challenging early endeavours, a reawakening through Bitcoin, and the risks and opportunities for the future.
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Peter McCormack

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