What Bitcoin Did

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Freedom Technologies & Civil Disobedience with Austin Hill

Peter McCormack

Interview | Description | Timestamps | Show Notes

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Freedom Technologies & Civil Disobedience with Austin Hill - WBD490 Peter McCormack

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Austin Hill is a cypherpunk & former Blockstream CEO. In this interview, we discuss the dangers of absolutism within Bitcoin’s community, building consensus in promoting freedom money, and advancing the human condition.

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The development and adoption of Bitcoin is predicated upon a reaction to the manifest failures of current economic and political structures. The associated need to defend Bitcoin from multiple attack vectors resulted in a protective maximalist ideology. The end result is that the current Bitcoin community is dominated by big personalities with firm and unyielding convictions.

Yet, maintaining an adoption curve mirroring that of the internet means proving the benefits of this innovative technology to everyone: the wider public, companies, and state-level institutions. This will require building consensus: coalescing around positive characteristics of the technology whilst working to ensure divergent opinions don’t overwhelm the debate.

As Bitcoin enters a more nuanced phase of maturation, a pragmatic approach to furthering its adoption and effective development may be required. Do battle-hardened Bitcoiners now need to become more politically flexible? Is it possible to find agreement with those who hold contradictory views? Is compromise possible whilst protecting Bitcoin’s unique innovation?

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00:04:10: Introductions
00:04:25: Infighting in the Bitcoin community
00:13:42: The evolution of Bitcoin vs the internet protocol
00:21:23: Bitcoin in politics and nation state adoption
00:24:38: Pushing the wrong Bitcoin narrative
00:28:12: Smart communication, and media training
00:38:28: The reasons for wars
00:46:16: Libertarianism, democracy and the desire for a better government
00:52:08: Russia and China vs the principles of freedom
01:08:32: Investment in nuclear energy
01:12:11: Writing the playbook for nation state adoption
01:16:31: Innovations in the mining industry and future hope
01:22:03: Concerns for the future
01:29:22: 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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