Michael Goldstein on Rejecting All Forms of Activism

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“The reason that we’re into Bitcoin is not that Bitcoin is the end itself, it’s because of what we believe Bitcoin enables.”
— Michael Goldstein

SHOW DESCRIPTION

Location: Austin
Date: Thursday, 22nd Nov
Project: Noded Podcast
Role: Co-Host

The ideology of Bitcoiners aligns closely with Libertarians as both value self-sovereignty and self-governance. Because of this, going down the Bitcoin rabbit hole often leads to Libertarianism and Austrian Economics.

There are though many levels of Libertarianism. Some believe in minarchism, the reduction but not complete removal of the state while others believe in full anarchy where there is no centralised state planning, and the free market determines what is best. Alternatively, some see it as a personal philosophy that they follow within the lines of current government and state systems.

How would the free market operate in an imperfect world? Without regulations, would it be possible to keep people safe? What about human greed? Would there be a social cost to a society structured this way?

To find out the answers to some of these questions, I talk to Michael Goldstein, the co-host of the Noded Podcast and President of the Nakamoto Institute to discuss Libertarianism. We discuss Libertarianism, the free market, rejecting activism and the transition to an anarcho-capitalist society. 

TIMESTAMPS

00:05:20: Introductions
00:06:03: BitBlockBoom, with trolls and haters
00:07:44: Twitter and Noded podcast
00:11:27: Libertarianism and Austrian Economics
00:17:27: Ross Ulbricht and why the war on drugs has failed
00:23:28: Reducing the size of government, collectivism and praxeology
00:31:28: Libertarian literatures
00:32:45: Ron Paul and the Libertarian party
00:37:00: Rejecting of all forms of activism
00:44:37: The human element in free markets
00:49:12: How Silicon Valley companies can abuse free markets
00:51:29: Societies change with technology advances
00:55:56: Large companies in free markets
00:57:23: Decentralised and centralised structures in the modern day
01:03:46: The merits of politics
01:08:10: Social media network power
01:13:24: Free speech
01:18:55: How to bring no-coiners into Bitcoin
01:25:08: Bitcoin as the perfect embodiment of libertarian ideals
01:28:51: Final comments and stay in touch

 

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PodcastPeter McCormackComment