What Bitcoin Did with Peter McCormack
Business:Investing
“We’ve politicised everything. Problems aren’t problems anymore. For the left: what is their approach? For the right: what is their approach? And it’s because the political system is broken. And obviously, most of the listeners and we know it’s also the financial system is completely broken.”
— Trey Walsh
Trey Walsh is a nonprofit director and progressive Bitcoiner. In this interview, we discuss the problems facing Gen Z: climate change, high education and housing costs, wider economic problems constraining opportunities, the erosion of democracy, and social media-induced mental health challenges. We talk about why Bitcoin could provide hope to this hopeless generation.
- - - -
Gen Z is suffering. They have been excluded from the growth in asset prices over the past few decades, but are facing the dire consequences of spiralling debt on the provision of public services. They are being excluded from discussions about climate change, yet they will be expected to front the response in the coming decades.
They are being told they are too woke, ignorant and lazy by those under whose watch democracy has been allowed to crumble. And whilst there is a dearth of ethical and inspiring leaders charting a path for this disillusioned generation, there is a significant amount of vitriolic noise in the media, exploiting the fear in return for eyeballs, clicks and likes.
Gen Z’s hopelessness is manifesting itself in a mental health crisis: compared to other generations Gen Z has lower feelings of emotional well-being. The response of older generations is that Gen Z-ers are snowflakes - they need to toughen up. This is cruelly counterproductive as Gen Z is least likely to seek help: they are 3 times more likely to consider suicide than other generations.
Into this void of despair comes Bitcoin. There has been a timely reappraisal of the “Bitcoin fixes this” meme over the past year. Obviously, Bitcoin is not a panacea for all of the world's ills. But, it is a technology that is providing hope to those developing material mitigations to some of the most deep-rooted problems in our society.
Trey Walsh strongly believes that Bitcoin provides hope for the environment, for a more socially-just economic system and for democracy. It offers this as politicians and decision-makers continue to peddle obvious self-serving fantasies. As Trey asserts, “Gen Z deserves the opportunity to be presented with the stories of hope in Bitcoin.” This is why we should be working for Bitcoin: it provides “hope for a generation found hopeless.”
- - - -
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
-----
WBD635 - 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 Technocratic State with Derrick Broze
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
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