What Bitcoin Did

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The Growth of Decentralisation with Travis Kling

Peter McCormack

Interview | Description | Timestamps | Show Notes

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The Growth of Decentralisation with Travis Kling - WBD473 Peter McCormack

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Travis Kling is the Chief Investment Officer and Ikigai. In this interview, we discuss the need for decentralization, Bitcoin as pristine collateral and whether we’re living in a simulation.

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Google, Facebook and Amazon are still relatively young companies, formed in the slipstream of the internet. They rose from a mass of competition to dominate not just the internet, but to become some of the most powerful organisations in the world. Such is their power that they are changing society in profound and concerning ways.

At the same time, there has been significant erosion in trust. The Iraq War and the sub-prime mortgage crisis combined to generate widespread disillusionment with the status quo. This was funnelled into social media’s new echo chambers with algorithms that stoked fear and anger. We are still struggling to deal with the results.

A major issue of concern is that the next wave of technological innovation is expected to be overwhelmingly disruptive: AI and robotics in particular have potentially unlimited capacity to revolutionise society. If we don’t resolve the issues caused by centralization now, the future for democratic governance looks bleak.

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00:04:25: Introductions
00:06:45: Recent events highlighting why decentralisation matters
00:10:34: Centralisation within technology and government
00:15:41: Rapidly expanding use cases for Bitcoin
00:18:48: The GameStop squeeze
00:21:10: Everyone's at threat
00:24:21: The information age and the erosion of trust
00:31:56: Two-party politics in the US and the crypto vote
00:42:18: Decentralised companies
00:46:54: The story of the Boeing 737 MAX MCAS system
00:52:53: Centralised governance provides protections
00:55:19: Bitcoin as pristine collateral
01:03:52: Travis's Bitcoin journey
01:06:41: The metaverse
01:18:32 : Final comments

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