SurferJim Yells a Little Bit with SurferJim & American HODL
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SurferJim Yells a Little Bit with SurferJim & American HODL - WBD346
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Location: El Salvador
Date: Wednesday 5th May
Company: n/a
Role: n/a
Bitcoin is an open and permissionless system that, by design, is available to anyone and everyone who wants to participate, without prejudice or bias. However, while the system is open to all, some of the participants in the system push strong narratives.
As a decentralised system with no single entity in control, these bitcoiners and their narratives have been fundamental in helping protect the network from bad actors and those looking to exploit it for personal gain.
Some of these narratives are clearly beneficial, such as running a full node to help decentralise the network or pushing self-sovereignty through things such as not your keys, not your coins. However, several other narratives have become things that some groups of bitcoiners identify with, such as following a carnivore diet, anarchism and scepticism regarding vaccines.
How important are these narratives to bitcoin? And what makes someone a 'real' bitcoiner?
In this interview, I talk to American HODL and Surfer Jim. We discuss bitcoin narratives & purity, shitcoins, NFTs, the bitcoin plebs and Surfer Jim's battle with Chamath Palihapitiya.
00:04:27: Introductions
00:05:24: Age is just a number
00:07:03: Jim vs Chamath
00:14:20: The case against shitcoins
00:21:44: The case for shitcoins
00:24:41: The Bitcoin purity test
00:31:13: Getting rekt on shitcoins
00:36:27: Different time preferences
00:38:00: Looking for the hero trade
00:45:19: BitClout BS
00:48:29: The emergency of Chamath
00:56:19: Peter's podcast
00:59:57: SurferJim's journey down the rabbit hole
01:07:52: The existence of the state
01:11:58: Being a libertarian
01:15:10: Peter and the plebs
01:22:31: The vaccine question
01:26:19: The pandemic debate
01:33:28: Power and integrity
01:37:29: Bitcoin will fix the world
01:41:43: Perverse incentives
01:44:25: Final comments
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