What Bitcoin Did with Peter McCormack
Business:Investing
“Bitcoin for the first time gives you the sovereign and particular right to your finances to spend, to trade, and that’s something we didn’t know that the government couldn’t take away from you. Bitcoin is the manifestation of the God-given right to have your value.”
— Junseth
Junseth is an OG Bitcoiner and the former co-host of Bitcoin Uncensored. In this live interview, recorded at Pubkey in New York, we discuss the latest Bitcoin phenomenon - ordinals. We also talk about the philosophy of Bitcoin: what it’s for, what it can be, and how it’s still the only blockchain that adds value to society.
- - - -
This was the second ever live What Bitcoin Did show, hosted at the excellent Pubkey in New York City. And, for a live show, we needed a combination of an OG Bitcoiner, with strong opinions, who could sing…luckily Junseth was available!
Junseth is obviously a Bitcoiner who’s happy to tackle hot topics. So we began by discussing the good and the bad of ordinals: it has certainly strengthened Bitcoin in terms of node usage and transaction fees, but are inscriptions the best use of the blockchain? And, as Junseth espouses, should we get too concerned about tests of Bitcoin’s anti-fragility?
Further, we talked about what, for an OG, Bitcoin represents both today and in the future. Can Bitcoin fix everything? If not, what is Bitcoin’s lane or lanes? How early are we? Why people need to shitcoin before finding Bitcoin is the only blockchain. How it strengthens American democracy. And what it will take for Bitcoin to change the world.
Finally, Junseth took some excellent questions from the crowd. He covered economic degeneracy, Bitcoin’s limitations, how Bitcoin supports democracy and American values, and whether we should be hodling or spending Bitcoin. He would have given us golden material on every subject under the sun if we’d had the time!
We were very grateful to have a sell-out and supportive crowd, and thanks again to our amazing hosts Pubkey! It’s been a long time since we did a live event, but there will definitely be more to come this year. In fact, we have 2 shows scheduled: in Bedford on April 14th and in Miami on May 17th.
- - - -
This episode’s sponsors:
Gemini - Buy Bitcoin instantly
Iris Energy - Bitcoin Mining. Done Sustainably
Ledn - Financial services for Bitcoin hodlers
Bitcasino - The Future of Gaming is here
Ledger - State of the art Bitcoin hardware wallet
Fortris - Digital asset treasury operations
Wasabi Wallet - Privacy by default
-----
WBD626 - Show Notes
-----
If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:
Become a Patron and get access to shows early or help contribute
Make a tip:
Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2S
QR Codes: Bitcoin
If you do send a tip then please email me so that I can say thank you
Subscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS Feed
Leave a review on iTunes
Share the show and episodes with your friends and family
Subscribe to the newsletter on my website
Follow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTube
If you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.
The Bitcoin Powered Revolution with Tuur Demeester
Everything is Coming to Bitcoin with Zack Voell & Willem Schroe
Bitcoin’s Economic Incentives with Parker Lewis
Bitcoin Back on the Ballot with Avik Roy
The Fight for Bitcoin with Ben Carman & Tony Giorgio
Bitcoin is Forever Money with Michael Saylor
An Existential Threat to Bitcoin with Matt Corallo
The Bitcoin Scammer Uncensored with Junseth
Bitcoin & AI Power Scarcity with Daniel Roberts
Bitcoin vs The Fiat Decline with Macro Alf
How Bitcoin Changes the World with NVK
The Fiat Apocalypse with Lawrence Lepard & Quoth the Raven
The Power of Bitcoin with Gloria Zhao
Nobody Understands Bitcoin with Jack Mallers, American HODL, Alex Thorn & Calle
Bitcoin Mining: A Paradigm Shift in Energy with Harry Sudock, Will Roberts, Erik Hersman, Thomas Pacchia, & Dennis Porter
First They Came for Samourai with Seth for Privacy & Bitcoin Q+A
Bitcoin is Resistance Money with Andrew Bailey, Bradley Rettler, Craig Warmke, & Allen Farrington
How Bitcoin Wins with Lyn Alden, Natalie Brunell, Alex Thorn, Thomas Pacchia, & Christopher Gordon
Bitcoin & Human Rights with Alex Gladstein & Natalie Smolenski
The Economics of Bitcoin with Lyn Alden, Preston Pysh, Allen Farrington, Max Hillebrand
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
The Tucker Carlson Show
U.S Property Podcast
Aligned Money Show
Dubai Property Podcast
The Ramsey Show