Eric Wall, crypto blogger and investor, and Udi Wertheimer, a recovering Bitcoin maxi, discuss everything about Bitcoin Maximalism, whether BTC can survive, and whether Ethereum constitutes a threat for Bitcoin.  <h3>Show highlights:</h3><ul>
<li>how Eric and Udi got involved with Bitcoin</li>
<li>what Bitcoin was like in the first days</li>
<li>how Bitcoin maxis appear to have a script to engage in discussions</li>
<li>the philosophy behind Bitcoin maximalism</li>
<li>why Eric believes Bitcoin maximalism is like a “weird cult”</li>
<li>how Eric thinks that the BTC community has an unspoken rule forbidding criticisms</li>
<li>whether Bitcoin has lost intellectual power</li>
<li>why people have recently been turning away from Bitcoin maximalism</li>
<li>why the poor Bitcoin culture doesn't mean it's the end for Bitcoin, according to Eric</li>
<li>the perception of the Lightning network and how people are not interested in faster blockchains</li>
<li>whether Bitcoin should increase the use cases of the blockchain, like DeFi, NFTs, and stablecoins</li>
<li>El Salvador's adoption of BTC and whether it had an impact</li>
<li>what happens to internet subcultures and how the behavior of Bitcoiners could be predicted</li>
<li>whether Ethereum is a threat to Bitcoin</li>
</ul><h3>Thank you to our sponsors!</h3><a href="https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021">Crypto.com</a><a href="http://chainalysis.com/unchained">Chainalysis</a><a href="https://link.chtbl.com/HObAJQDL?sid=unchained">web3 with a16z</a>  Udi:<ul><li><a href="https://twitter.com/udiWertheimer">Twitter</a></li></ul>Eric:<ul>
<li><a href="https://twitter.com/ercwl">Twitter</a></li>
<li><a href="https://t.co/9P8h2NqR6l">Medium</a></li>
</ul> <h3>Episode Links</h3> Previous Coverage of Unchained:<ul>
<li><a href="https://unchainedpodcast.com/is-bitcoin-doomed-to-fail-eric-wall-and-justin-bons-face-off-ep-398/">Is Bitcoin Doomed to Fail? Eric Wall and Justin Bons Face Off</a></li>
<li>
<a href="https://unchainedpodcast.com/arthur-hayes-former-ethereum-skeptic-on-why-the-merge-makes-him-bullish-on-eth-ep-393/">Arthur Hayes, Former Ethereum Skeptic, on Why the Merge Makes Him Bullish on ETH</a> </li>
<li><a href="https://unchainedpodcast.com/with-the-merge-will-ethereum-take-over-bitcoins-title-as-digital-gold-ep-389/">With the Merge, Will Ethereum Take Over Bitcoin’s Title as Digital Gold?</a></li>
</ul> Bitcoin Culture and Security<ul>
<li>
<a href="https://www.coindesk.com/layer2/2022/10/11/the-rise-and-fall-of-bitcoin-maximalism/">The Rise and Fall of Bitcoin Culture</a> by Paul J. Dylan-Ennis</li>
<li>
<a href="https://meaningness.com/geeks-mops-sociopaths">Geeks, MOPs, and sociopaths in subculture evolution</a> by David Chapman</li>
<li>
<a href="https://petertodd.org/2022/surprisingly-tail-emission-is-not-inflationary">Surprisingly, Tail Emission Is Not Inflationary</a> by Peter Todd</li>
<li>
<a href="https://twitter.com/Justin_Bons/status/1563912991015305216?s=20&t=3EI6s0q5qwi1bKgqXFY7Wg">Justin Bond’s thread</a> on BTC security model</li>
<li><a href="https://medium.com/@johnblocke/a-brief-and-incomplete-history-of-censorship-in-r-bitcoin-c85a290fe43">A (brief and incomplete) history of censorship in /r/Bitcoin</a></li>
</ul> <a href="https://ultrasound.money/">Ultra sound money</a> El Salvador:<ul>
<li>Previous Coverage of Unchained: <a href="https://unchainedpodcast.com/bitcoin-in-el-salvador-why-would-cypherpunks-support-government-mandated-bitcoin-adoption-ep-375/">Bitcoin in El Salvador: Why Would Cypherpunks Support Government-Mandated Bitcoin Adoption?</a>
</li>
<li>
<a href="https://www.nytimes.com/2022/07/02/opinion/bitcoin-el-salvador-bukele-crypto.html?referringSource=articleShare">El Salvador’s Bitcoin Paradise Is a Mirage</a> by Nelson Rauda</li>
</ul>

Podurama

Home

Trending

Personal

Your Podcasts

New Episodes

My Files

Favourite Episodes

Tags (Folders)

Recently Played

Bookmarks

Followed Playlists

Eric Wall and Udi Wertheimer on Why Bitcoin Maximalism Is 'Like a Shitcoin Community' - Ep. 412

Unchained