What Bitcoin Did

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Eric Weinstein on Bitcoin

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Eric Weinstein on Bitcoin - WBD356 Peter McCormack

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Location: Los Angeles
Date: Thursday 27th May
Project: Thiel Capital
Role: MD

Bitcoin can be a toxic place. If you question a narrative or fall on the wrong side of a debate, you will quickly find yourself on the receiving end of the ‘bitcoin plebs’, and rarely a day passes without a fight of some kind exploding on Twitter.

Earlier this year, Eric Weinstein found himself amongst a heated discussion after challenging the narratives of bitcoiners across Clubhouse and Twitter.

Eric is a cultural commentator who has been aware of Bitcoin since as early as 2010. Whilst supporting Bitcoin and the community, he does not consider himself a bitcoiner.

In this interview, we discuss Bitcoin maximalism & toxicity, Elon Musk and whether Bitcoin fixes everything. My friend Travis Kling joins me as co-host for this episode.


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00:06:24: Introductions
00:07:24: "Go Virtual, Young Man" by Eric Weinstein
00:09:40:
Toxic maximalism
00:17:31:
"Have Fun Staying Poor"
00:19:32: Bitcoin as a form of money
00:22:04:
Bitcoin, a technical or monetary revolution?
00:31:43: Money printing
00:40:17:
The volatility aspect
00:47:07:
Abundance and the Burning Man
00:49:11:
The recent price drop
00:51:48:
Elon Musk
01:02:48:
Fix the money, fix the world
01:05:05:
The Trust Revolution
01:08:07: Censorship
01:10:24: Life on other planets
01:12:26: Peter's worries for the future
01:19:27: The cancer of central banking
01:24:13: Societal collapse
01:30:29: Centralisation is needed for big change
01:34:26: Does Bitcoin fix everything?
01:44:02: The problems with measuring inflation
01:47:42: Gauge theory
01:52:09: The Boskin Commission
01:58:32: Marketing Eric's message
02:10:18: Using wealth to take on neoclassical economics
02:31:09: Eric's final message
02:34:00: Final comments



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