The Breakdown of Trust with Balaji Srinivasan & Glenn Greenwald
Where to find the show
Download Episode MP3 File
The file will open in a new window. Click down arrow to download the file.
SHOW DESCRIPTION
Location: Remote
Date: Monday 24th January
Project: balajis.com, glenngreenwald.com.br
Role: Angel Investor & Entrepreneur, Journalist and Author
US exceptionalism and continuance of its role as the world's leading power is under threat. Whilst it is arguable whether America has truly lived up to being that ‘Shining City on a Hill’, it’s potential demise and a resultant shifting balance of power eastwards should give those who believe in freedom and privacy pause for thought.
The reasons for the current predicament are varied and complex. Whilst there are powerful external forces seeking to damage the US, the most critical wounds are those that have been self-inflicted. Of these, a breakdown of public trust in government and the media are perhaps the most consequential.
The impacts are apparent to all: polarisation, ineffective governance, paranoia, stasis. All the while, China continues to make bold and aggressive moves aimed at supplanting the US.
All of this has occurred in a relatively short period of time. Just 30 years ago the Soviet Union fell, whilst Chinese nominal GDP was 6% of the US’s. Complacency and a focus on fighting imaginary enemies allowed rot to set in. Does Bitcoin offer an opportunity for the US to regain it’s discipline whilst also living up to the mantle of being the land of the free?
In this interview, I talk to angel investor Balaji Srinivasan and journalist Glenn Greenwald. We compare American incompetence to Chinese competence, how Bitcoin offers hope, why the US establishment has struggled to assimilate new technology and the damaging conflict between tech and media over the past 20 years.
TIMESTAMPS
00:03:51: Introductions
00:04:59: The decentralised cryptographic truth
00:14:36: Censorship and bias in both the media and centralised tech
00:23:41: Can Bitcoin restore democracy?
00:28:29: The threat Bitcoin poses to the political elite
00:34:22: The political compass, alternative viewpoints
00:40:20: Bitcoin's redistribution of wealth
00:43:22: The weakening US federal government
00:55:27: US ruling with propaganda vs efficiency
00:58:04: Fighting the Bitcoin propaganda
01:06:12: The reducing threat of a Bitcoin ban
01:14:51: The government competence of China vs the US
01:19:22: Technology vs the media
01:25:01: The techlash and moral malware
01:35:54: Final comments
SUPPORT THE SHOW
If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:
Become a Patron and get access to shows early or help contribute
Make a tip:
Subscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | TuneIn | RSS Feed
Leave a review on iTunes
Share the show and episodes with your friends and family
Subscribe to the newsletter on my website
Follow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTube
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.
SPONSORS
SHOW NOTES
Connect with Balaji:
Connect with Glenn:
Mentioned in the interview:
Twitter's Tony Wang: 'We are the free speech wing of the free speech party' - The Guardian, 2012
C.I.A. Established Many Links To Journalists in U.S. and Abroad - New York Times, 1977
Paul Krugman Responds To All The People Throwing Around His Old Internet Quote
Telecommunications Act of 1996 [US Media Deregulation] - Wikipedia
China declares all crypto-currency transactions illegal - BBC
China Crushed Jack Ma, and His Fintech Rivals Are Next - Bloomberg
Crossing the Red Line: Behind China's Takeover of Hong Kong - New York Times
Hillary Clinton Fears Bitcoin Will Undermine Dollar As World Reserve Currency - Bitcoin Magazine
Donald Trump calls Bitcoin 'a scam against the dollar' - BBC
100M people worldwide now use crypto-based assets, says Cambridge study
Census confirms Texas and Florida are America's future - The Hill
Senator [Senator Shelby] Who Opposed Crypto Amendment is Backed by Bankers
No, Bitcoin Ownership is not Highly Concentrated - Glassnode
Wasted dollars and unfulfilled requirements: The case for fixing Pentagon procurement
End The FUD | The best links to articles debunking Bitcoin FUD
After 48 Years, Democrats Endorse Nuclear Energy In Platform
WHY can't Silicon Valley create breakable non-breakable encryption, cry US politicians
The Secret History of the US Diplomatic Failure in Afghanistan - The New Yorker
A Year After 1/6, Ukraine's War Draws U.S. Far-Right to Fight Russia, Train for Violence at Home
Inside the New York Times' Heated Reckoning With Itself - New York Magazine
Hate Inc.: Why Today’s Media Makes Us Despise One Another Hardcover - Matt Taibbi
Other Relevant WBD Podcasts:
WBD438: Separation of Money & State with Matt Stoller & Peter Van Valkenburgh
WBD437: Bitcoin and The American Dream with CJ Wilson & Amanda Cavaleri
WBD 434: Bitcoin & The Battle For The Fate Of Humanity with Mark Moss
WBD408: Hidden Danger in the Infrastructure Bill with Abraham Sutherland & Greg Xethalis
WBD391: Gradually then Suddenly Pt 4: Bitcoin & The Money Printer with Parker Lewis
WBD380: Bitcoin & The Decentralised Future with Michael Casey
WBD316: The Nation State Case for Bitcoin with Balaji Srinivasan
WBD239: #Unity2020: Ending the Two-Party System with Bret Weinstein
WBD151: Caitlin Long, Trace Mayer & Tyler Lindholm on Reducing the Size of Government
WBD147: Balaji Srinivasan Part 2 - Bitcoin, Coinbase and Maximalism
WBD146: Balaji Srinivasan Part 1 - Virtual Worlds, AI and Politics