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Can Bitcoin Fix Politics? With Troy Cross & Margot Paez

Peter McCormack

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Can Bitcoin Fix Politics? With Troy Cross & Margot Paez - WBD676 Peter McCormack

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Margot Paez is a Bitcoin Mining consultant & Troy Cross is a Professor of Philosophy, and both are Fellows at BPI. In this interview, we discuss the fracturing of political movements (particularly the progressives), why the left is in favour of CBDCs, how Bitcoin is a political tool, the Bitcoin Policy Summit, Bitcoin’s image problem, and the issues and strengths of higher education.

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On this episode, we welcome back two eminent friends of the show: Margot Paez and Troy Cross. At the start of 2022, What Bitcoin Did actively searched for progressive voices within the community. It was soon apparent that there was a huge untapped well of thoughtful and brilliant people who had identified the powerful impact Bitcoin could have in supporting progressive causes.

However, it is apparent that there is now a shift happening within the left: a fracturing of beliefs and approaches. Some progressives within Bitcoin are starting to align themselves with a more holistic ideology predicated on financial fairness, which is open to debate and collaboration with those on the other side of the aisle.

At the root of this conversion is the belief that the promotion and use of Bitcoin itself is a political act. As Margot states: “it’s an act of defiance”, but an act of defiance with teeth. Finally, activists have a tool that can take on the established centres of power. But, if we are to accelerate adoption and battle those who work against Bitcoin, education and advocacy still require a solid evidence base.

Unfortunately, the FUD directed at Bitcoin has left an ingrained stain in the minds of many progressives. Margot, one of the main people within our community looking to bring academic rigour to support the claims being made about Bitcoin’s societal benefits, has suffered directly as a result of this. She has effectively been kicked out of university because of her desire to study Bitcoin, by people with a progressive ideology.

We must all do what we can to support people like Margot and Troy. They are the ones providing the Bitcoin movement with the analytical heft needed to protect it from institutional attacks. They do it quietly and diligently, pushing against stiff headwinds. We owe them a massive debt of gratitude.

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00:02:10: Introductions
00:05:26: The changing progressive movement
00:12:09: Political traps, and Bitcoin as a political act
00:18:25: Bitcoin Policy Summit
00:23:42: Support for CBDCs from the left
00:30:17: Bitcoin's image problem
00:34:28: Academia rejecting Bitcoin
00:43:31: Margot's PhD thesis
00:49:46: Essential Bitcoin research
00:56:36: The need for academic reform
01:01:48: The role of the Academy
01:05:54: AI in education, and the professional-managerial class
01:12:51: Final comments

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If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:

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.

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