Bitcoin is Truth with Jeff Booth & Austin Hill
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SHOW DESCRIPTION
Jeff Booth is an Entrepreneur and Author of ‘The Price of Tomorrow’ and Austin Hill is a cypherpunk & former Blockstream CEO. In this interview, we discuss the unique sense of hope in El Salvador, the loss of freedom, Bitcoin as objective truth and hope, Elon Musk and Twitter.
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Show 500!!!
What a ride it's been since I recorded my first show in November 2017. I'm so grateful to all the listeners, particularly those who send their support. Thanks to all the fascinating people I've had the privilege to interview: so many great stories, opinions, and advice. Thanks to my amazing sponsors - you enable my team to make what we think is the best show in the market.
And finally, big up to the team, roll on the next 500!
This show is as good as it gets in terms of guests and subject matter. Two major figures within the industry who I'm now lucky enough to call friends. And I hope you enjoy listening to them as much as I did. They're as excited about Bitcoin's opportunities as they've ever been.
We speak about their recent visit to El Salvador and the unique and inspiring mood of hope within the country. The media are still dubious about Bukele's Bitcoin reforms, and the government is dealing with tough domestic and international challenges. However, it is infectious to hear how inspired two seasoned entrepreneurs are by what they witnessed in the country.
Jeff and Austin also talk about the societal issues that Bitcoin is perhaps uniquely placed to mitigate: threats to freedom, not just from authoritarian governments but also from traditionally liberal establishments; pervasive misinformation directed at citizens; and rapid technological changes that will upend society.
This is why Jeff and Austin are bullish that UX improvements have the potential to onboard hundreds of millions more to Bitcoin.
TIMESTAMPS
00:04:11: Introductions
00:05:44: Experiences of El Salvador and a sense of hope
00:12:22: Gangs in El Salvador and martial law
00:25:22: Incentive models with Bitcoin
00:34:10: The decline in our freedoms
00:39:52: Ignorance and lies around the current money system
00:43:00: Bitcoin is for everyone
00:46:09: AI, tech and automation advancements
00:58:45: Politicians promoting Bitcoin
01:00:09: Lies and misinformation from within the system
01:05:27: Truth from Bitcoin versus control from truth tools
01:12:00: Bitcoin is the life raft, and an ecosystem based on hope
01:17:42: Elon Musk and Twitter
01:34:45: Elon Musk's empire and the pace of technological change
01:43:11: Interactive Bitcoin public art
01:45:55: Final comments
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SHOW NOTES
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Mentioned in the interview:
El Salvador: Broad ‘State of Emergency’ Risks Abuse - Human Rights Watch, mar 29th 2022
Shamima Begum: The Blame Game — podcast sheds light on the ‘jihadi bride’ - FT, Feb 28th 2022
US accuses El Salvador of secretly negotiating truce with gang leaders - The Guardian, Dec 2021
The Bizarre Rise of the 'Bitcoin Citadel' - Decrypt, Oct 2021
Machines can read your brain. There’s little that can stop them. - Politico, Aug 2021
Lawrence Lepard, "fix the money, fix the world" [Larry] - @LawrenceLepard
A complete timeline of the Elon Musk-Twitter saga - Techcrucnh, Apr 24th 2022
The Middle Class Took Off 100 Years Ago ... Thanks To Henry Ford? - NPR, Jan 2014
The Price of Tomorrow: Why Deflation is the Key to an Abundant Future -Jeff Booth
Other Relevant WBD Podcasts:
WBD490: Freedom Technologies & Civil Disobedience with Austin Hill
WBD459: Bitcoin & The Canadian Truckers with Greg Foss & NobodyCaribou
WBD424: El Salvador’s Bitcoin Report Card with Aaron Van Wirdum
WBD363: Why El Salvador Made Bitcoin Legal Tender with President Nayib Bukele
Defiance019: Homeless, Addiction And Sex Worker Support In El Salvador | Jon & Danielle Snyder