Eric Weinstein on Bitcoin

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In this interview, I talk to Eric Weinstein, the MD at Thiel Capital. We discuss Bitcoin maximalism & toxicity, Elon Musk and whether Bitcoin fixes everything. My friend Travis Kling joins me as co-host for this episode.

SHOW NOTES:
https://www.whatbitcoindid.com/podcast/eric-weinstein-on-bitcoin

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TIMESTAMPS:
0:00 Intro
00:00:37:01 Eric's intro to Bitcoin
00:03:13:13 Toxic maximalism
00:10:50:07 HFSP & altruism
00:13:13:07 Bitcoin as money
00:15:45:09 Is Bitcoin a monetary or technical revolution?
00:25:11:19 Money printing
00:36:01:17 Price volatility
00:40:27:18 Abundance & the world of Burning Man
00:42:33:11 The recent price drop
00:45:07:19 Elon Musk
00:57:43:09 Fix the money, fix the world
01:01:27:19 Eric gets censored
01:03:29:05 Multi-planetary species
01:05:49:23 Peter's worries for the future
01:07:29:22 The dangers of acceptance
01:13:25:21 MMT
01:17:06:08 Societal collapse
01:21:55:17 Centralisation is needed for big change
01:28:21:17 What can Bitcoin fix?
01:34:56:18 The problems with measuring inflation
01:51:59:04 Fallacies of the cost of living adjustment
02:00:29:11 Creating institutions
02:07:03:02 Challenging economic imperialism
02:09:50:15 Marketing Eric's message
02:15:01:14 Using wealth to change the power structure
02:22:05:07 Eric's final message

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****

“I feel like the bitcoin community is one of the best communities to take on the future… we’ve got rich, smart, heterodox, idealistic, iconoclastic pirates. OK, what are we doing?”
— Eric Weinstein

Location: Los Angeles
Date: Thursday 27th May
Project: Thiel Capital
Role: MD

Bitcoin can be a toxic place. If you question a narrative or fall on the wrong side of a debate, you will quickly find yourself on the receiving end of the ‘bitcoin plebs’, and rarely a day passes without a fight of some kind exploding on Twitter.

Earlier this year, Eric Weinstein found himself amongst a heated discussion after challenging the narratives of bitcoiners across Clubhouse and Twitter.

Eric is a cultural commentator who has been aware of Bitcoin since as early as 2010. Whilst supporting Bitcoin and the community, he does not consider himself a bitcoiner.

In this interview, we discuss Bitcoin maximalism & toxicity, Elon Musk and whether Bitcoin fixes everything. My friend Travis Kling joins me as co-host for this episode.
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