What Bitcoin Did

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The Magic of Bitcoin with Tomer Strolight

Peter McCormack

Interview | Description | Timestamps | Show Notes

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The Magic of Bitcoin with Tomer Strolight - WBD349 Peter McCormack

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Location: El Salvador
Date: Saturday May 8th
Project: tomerstrolight.medium.com
Role: Writer

The inflationary aspects of fiat money and the ultimate control wielded by the central banks create a rigged game that forces us to consume rather than save. As Tomer Strolight puts it, ‘time-travelling thieves are stealing our energy and wealth’. As the soundest money the world has ever known, the magical qualities of Bitcoin fix this.

Tomer Strolight has been pondering Bitcoin’s profound implications for nearly a decade. His writings are unique, elegant tidbits of helpful perspectives for bitcoiners, new and old.

In this interview, I talk to Tomer, and we discuss his many short articles on Bitcoin, the dark magic of fiat money, and why Bitcoin is the most important thing happening in the world.

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00:03:46: Introductions
00:05:12: Bad investments
00:07:46: Tomer's background
00:10:00: Tomer's articles
00:13:07: Money must be fair
00:19:14: Money printing is legal counterfeiting
00:23:46: The consumption spiral
00:26:23: The sun is setting on fiat currency
00:27:40: Anarchism vs minarchism
00:31:57: Transition to a Bitcoin standard
00:34:08: The social safety net
00:44:33: Tomer's article, "Why Choose Bitcoin"
00:50:11: The gatekeepers of fiat currency
00:53:41: Tomer's article, "Why Bitcoin is the Most Important Thing Happening in the World"
00:58:03: Bitcoin fixes bad incentives
01:00:44: Tomer's article: "Why We Need Bitcoin"
01:02:40: Tomer's Satoshi piece
01:04:08: Final comments


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SUPPORT THE SHOW

If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:

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.

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