The Evolution of Bitcoin Narratives with Harry Sudock
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Harry Sudock is Chief Strategy Officer at Griid. In this interview, we discuss a range of narratives evolving in 2023: how Bitcoin’s value is to be explained to newbs, making sense of the general paranoia in society, the critical importance of nuclear energy, and making sense of 2022’s financial contagion within crypto.
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2022 was a heck of a year, the impact of which is still being felt into the early part of 2023. However, as January turns to February, the focus is turning to what 2023 holds for Bitcoin and wider society. And who better to review the year to come than Harry Sudock.
We discuss the evolving narratives used to explain and advocate for Bitcoin. As the fatigue of dealing with 2022 diminishes, how are re-energised Bitcoiners to educate those who are financially and/or technically literate but lack a grounding in Bitcoin? What are the best arguments to use to explain Bitcoin in the US, where there is a less immediate need for its utility?
Further, how do we navigate the world around us? The social discourse is increasingly beset by paranoia and distrust. At the same time, there is a lot to distrust: lies and spin have become so ubiquitous and brazen that we are effectively being told to believe up is actually down. Is it any wonder that people see conspiracies where there are none?
Beyond creating a noisy and chaotic public square, the real problem is we’re unable to properly address society's most pressing issues. Take energy for example. The last few podcasts have shone a light on the myths and realities of nuclear energy. It is quite clear the obvious path to providing sustainable and abundant energy lies in supporting the development of nuclear infrastructure.
So, the path forward seems clear. 2023 needs an unrelenting focus on giving exposure to the truth, whilst calling out vested interests and virtue signalling. Nuance, pragmatism and veracity are the vital principles that have and will underpin all of What Bitcoin Did’s content. 2022 was about lies being exposed throughout crypto. Bitcoin in 2023 about its inherent truth.
00:02:52: Introductions, and podcast fatigue
00:08:25: Recommended reading and listening
00:22:28: Explaining Bitcoin in 2023
00:34:21: Knowing when Bitcoin has won
00:37:11: The war on truth
00:43:39: Lowering of standards in government
00:48:44: It's all about power, and the WEF
00:52:41: Nuclear energy and emissions
01:04:18: The role of the government
01:08:40: Reflecting on 2022
01:19:22: Bitcoin mining in 2023, and the year ahead for Bitcoin
01:22:38: Final comments
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Mentioned in the interview:
Leonardo Da Vinci: The Biography - by Walter Isaacson, Oct 2018
“The moment Gaetz changed his vote” - DC Boy @dcboyisangry via Twitter, Jan 7th 2023
The labor strikes in Britain are years in the making - Vox, Feb 4th 2023
Follow The Money #2: Inflation, The Hidden Tax - What Bitcoin Did, YouTube, Dec 13th 2022
Outrage over new Commonwealth Bank feature - Daily Mail, Oct 2022
Comparison of the Chernobyl and Fukushima nuclear accidents - Wikipedia
Shorting the Grid: The Hidden Fragility of Our Electric Grid - by Meredith Angwin, Oct 2020
Energy and Civilization: A History - by Vaclav Smil, Oct 2018
Atomic Awakening: A New Look At The History And Future Of Nuclear Power by James Mahaffey, Oct 2010
Power to Save the World: The Truth about Nuclear Energy - by Gwyneth, Oct 2008
Hive Earned Equivalent of 184 BTC From Curtailing Its Power Use in December - CoinDesk, Jan 9th 2023
Other Relevant WBD Podcasts:
WBD607: How Bitcoin Can Expand the Grid in Africa with Erik Hersman
WBD587: How the IMF & World Bank Exploit Poor Countries with Alex Gladstein
WBD571: The White House is Wrong about Bitcoin Mining with Nic Carter
WBD557: Mining Bitcoin with Nuclear Energy with Ryan MacLeod
WBD538: The Current State of Bitcoin Mining with Harry Sudock
WBD493: Is There a Moral Case for Fossil Fuels? with Alex Epstein