Bitcoin Reformation or Revolution? With American HODL & Erik Cason @MrObnoxiousPod

Mr Obnoxious | Bitcoin Reformation or Revolution? With American HODL & Erik Cason @MrObnoxiousPod | Uploaded August 2024 | Updated October 2024, 8 minutes ago.
American HODL is an OG Bitcoin investor and Erik Cason is a cypherpunk and author of Cryptosovereignty: The Encrypted Political Philosophy of Bitcoin. In this interview, we discuss the transcendent orange political movement, re-forging the American meritocracy, and Bitcoin reformation vs revolution.

“There’s a mechanism of horror and death that our money directionally contributes to, and we have no democratic processes to actually resist it, and furthermore, when we do try to resist it we’re criminalised…and to me that’s what Bitcoin has always represented is that I can actually say ‘no’ now; and, yeah, maybe they can lock me up or do whatever they want, but they can’t have my money.”
— Erik Cason

SHOW NOTES:
whatbitcoindid.com/podcast/bitcoin-reformation-or-revolution

THIS EPISODE’S SPONSORS:
IREN - iren.com
Swan - swan.com
Ledger - ledger.com
Casa - casa.io
CheatCode - cheatcode.co.uk
Ledn - ledn.io
Xapo Bank - xapobank.com/en

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TIMESTAMPS:
00:00:00 Raising kids for a Bitcoin world
00:06:54 The parasitic system; education
00:15:05 Crypto-marxist cargo cult malaise
00:28:35 Re-forging American meritocracy
00:39:04 War, greed, ‘capitalism’, & code
00:48:46 Bitcoin reformation vs revolution
01:06:28 Corruption vs the orange party

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$The Bitcoin Debate with Jeff Booth & George Gammon SHOW NOTES: https://www.whatbitcoindid.com/podcast/the-bitcoin-debate Jeff Booth is the Author of The Price of Tomorrow & CEO/Chairman of Ego Death Capital. George Gammon is an investor, macroeconomics expert & host of The Rebel Capitalist Show. We discuss Bitcoin’s role in the world: its role as a hedge against the tradfi system, its disruptive potential & ability to reprice everything, & the challenges & consequences of a Bitcoin-dominated world. THIS EPISODE’S SPONSORS: Iris Energy - https://irisenergy.co/ Wasabi - https://www.wasabiwallet.io/ Ledger - https://www.ledger.com/ Unchained - https://unchained.com/ Orange Pill App - https://www.theorangepillapp.com/ SUPPORT THE SHOW: → Become a Patron: https://www.patreon.com/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 → https://www.whatbitcoindid.com/sponsorship/ TIMESTAMPS: 00:00:00 Introduction 00:10:57 Fractional risks to Bitcoin 00:22:53 BTC vs USD network effect 00:34:01 Is this time different? 00:45:37 Voting for bad economics 00:55:59 Change or exit the system? 01:17:47 Can scarcity create abundance? 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/transcriptions/ WHERE TO FOLLOW ME: → Twitter: https://twitter.com/whatbitcoindid/ → Medium: https://medium.com/@whatbitcoindid/ → Instagram: http://instagram.com/whatbitcoindid/ → Facebook: https://www.facebook.com/whatbitcoindid/ → YouTube: https://www.youtube.com/whatbitcoindidpodcast → Website: https://www.whatbitcoindid.com/ → Email list: https://www.whatbitcoindid.com/subscribe/ LEARN ABOUT BITCOIN: → Step by Step Guide: https://www.whatbitcoindid.com/learn-bitcoin → Training: https://www.whatbitcoindid.com/training/ → Resources: https://www.whatbitcoindid.com/resources/ #Bitcoin #Finance #Economics **** “Bitcoin gives us the ability to transact outside of the system…I think there is massive, massive, massive value and Bitcoin is sensational, and Bitcoin will, in my opinion, overachieve.” — George Gammon - - - - Jeff Booth, an entrepreneur, technologist, & author of the book ‘The Price of Tomorrow’, is a visionary in the Bitcoin field & a regular guest on this show. But, it’s been nearly 3 years since I interviewed the amazing George Gammon, renowned for his ‘The Rebel Capitalist Show’ podcast. This conversation was born out of a Twitter exchange, and it quickly became apparent that they share more common ground than many might have initially assumed. Many believe that George is anti-Bitcoin, but that’s not the case. His stance on Bitcoin is pragmatic. George believes in the importance of owning Bitcoin for purchasing power outside of the traditional system, especially with the rise of central bank digital currencies. And yet, he emphasizes the importance of probabilities and trade-offs in discussions about Bitcoin and he doesnt necessarily see it as a guaranteed path to wealth. Jeffs views align with Georges on many fronts: they both expressed their belief in the potential of Bitcoin. The differences between the 2 guests lie in the perceived probabilities of hyperbitcoinisation. Jeff sees Bitcoins potential to reprice the existing system if it remains decentralized and secure. In this event, one needs to imagine a world where value is priced in Bitcoin, not where Bitcoin is priced in dollars. Jeff promotes a future where prices will fall forever against a fixed number of units of currency, a stark contrast to the current system. This will affect the appreciation of Bitcoin in different economic scenarios. While Bitcoin may currently be seen as a high-risk asset with the potential for significant returns, in a world where goods and services experience deflation, Bitcoins appreciation may be less pronounced. This show was another inspirational war cry for Bitcoin from two esteemed guests. Jeff couldnt imagine putting his time & money anywhere else due to the high returns he expects. George believes that even if Bitcoin doesnt become a global currency or faces challenges like fractional reserve usage and inflation, there is still massive value in its ability to enable transactions outside of the existing system. It highlights that everyone should consider the potential benefits of Bitcoin.$

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