Texas is Bitcoin Country with Will Cole

 
 

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“What’s the end game? It is honestly to do less harm. Bitcoin doesn’t actually need politicians to make it succeed, it will succeed on its own merits; what would be helpful is to not have people actively attacking it and elongating the inevitable collapse of their own currencies, but also rise of Bitcoin as a global reserve currency.”
— Will Cole

SHOW DESCRIPTION

Will Cole is Chief Product Officer at Unchained Capital. In this interview, we discuss Texas and Austin as ideological centres for Bitcoin, the undervalued importance of state sovereignty in the US, CBDCs being the greatest disaster for liberty and personal freedom, and toxicity on Twitter.

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Something is happening in Texas. It has always had an independent streak, rooted in its rich history. The state was born of revolution, and it was initially a republic in the mid 19th century before the Mexican-American War. That thirst for freedom is hard-wired into the Texan psyche. Now it is a beacon to Americans from other states seeking increasingly elusive sovereignty.

It is therefore not surprising then that Bitcoin has been adopted and fostered in Texas.

From very early in it’s history, a strong community of maximalists united and sought to safeguard Bitcoin in this part of the US. That effort is now starting to pay off. The strong affinity for Bitcoin by Texans has evolved such that the state is fast becoming the centre of groundbreaking efforts to integrate Bitcoin and energy grids.

The state is arguably spearheading a new adoption wave within the US that includes serious politicians. Could Texas take the next step and create the conditions to orange pill a nation?

Those Bitcoiners in the state aren’t waiting to find out. They’re moving at pace to help Texas and other states continue the outreach, policy drafting and technical buildout to realise the benefits of what is a keenly American innovation. They’re also keenly focused on the attack vectors on the horizon, be it CBDCs or divisions within the community.

TIMESTAMPS

00:04:10: Introductions
00:05:04: Life in Austin, Texas
00:10:18: College sports and the Austin people's values
00:17:38: Why Austin fits with Bitcoin
00:23:57: Being a politician in Texas, and the energy grid
00:31:30: State sovereignty in the US
00:41:05: CBDCs, and the value of private property
01:02:50: Europeans, Bitcoin and the ESG narrative
01:11:50: Finding a common narrative to educate new bitcoiners
01:21:15: Dealing with toxicity on Twitter, and Bitcoin intersectionality
01:34:03: Rock, paper, scissors and hold your own keys
01:37:53: Final comments

 

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SHOW NOTES

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