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

Unchained

English - October 25, 2022 07:30 - 1 hour - ★★★★★ - 1.2K ratings
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Previous Episode: The Chopping Block: 'Code Is Law' Is 'Obviously Not How Anything Works Ever' - Ep. 411

Next Episode: The Mango Markets Attacker on Whether His 'Trade' Was Ethical or Not - Ep. 413

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.

Show highlights:

how Eric and Udi got involved with Bitcoin

what Bitcoin was like in the first days

how Bitcoin maxis appear to have a script to engage in discussions

the philosophy behind Bitcoin maximalism

why Eric believes Bitcoin maximalism is like a “weird cult”

how Eric thinks that the BTC community has an unspoken rule forbidding criticisms

whether Bitcoin has lost intellectual power

why people have recently been turning away from Bitcoin maximalism

why the poor Bitcoin culture doesn't mean it's the end for Bitcoin, according to Eric

the perception of the Lightning network and how people are not interested in faster blockchains

whether Bitcoin should increase the use cases of the blockchain, like DeFi, NFTs, and stablecoins

El Salvador's adoption of BTC and whether it had an impact

what happens to internet subcultures and how the behavior of Bitcoiners could be predicted

whether Ethereum is a threat to Bitcoin

Thank you to our sponsors!
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Udi:
Twitter
Eric:

Twitter

Medium

Episode Links

Previous Coverage of Unchained:

Is Bitcoin Doomed to Fail? Eric Wall and Justin Bons Face Off

Arthur Hayes, Former Ethereum Skeptic, on Why the Merge Makes Him Bullish on ETH

With the Merge, Will Ethereum Take Over Bitcoin’s Title as Digital Gold?

Bitcoin Culture and Security

The Rise and Fall of Bitcoin Culture by Paul J. Dylan-Ennis

Geeks, MOPs, and sociopaths in subculture evolution by David Chapman

Surprisingly, Tail Emission Is Not Inflationary by Peter Todd

Justin Bond’s thread on BTC security model

A (brief and incomplete) history of censorship in /r/Bitcoin

Ultra sound money

El Salvador:

Previous Coverage of Unchained: Bitcoin in El Salvador: Why Would Cypherpunks Support Government-Mandated Bitcoin Adoption?

El Salvador’s Bitcoin Paradise Is a Mirage by Nelson Rauda

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Show highlights:
how Eric and Udi got involved with Bitcoin
what Bitcoin was like in the first days
how Bitcoin maxis appear to have a script to engage in discussions
the philosophy behind Bitcoin maximalism
why Eric believes Bitcoin maximalism is like a “weird cult”
how Eric thinks that the BTC community has an unspoken rule forbidding criticisms
whether Bitcoin has lost intellectual power
why people have recently been turning away from Bitcoin maximalism
why the poor Bitcoin culture doesn't mean it's the end for Bitcoin, according to Eric
the perception of the Lightning network and how people are not interested in faster blockchains
whether Bitcoin should increase the use cases of the blockchain, like DeFi, NFTs, and stablecoins
El Salvador's adoption of BTC and whether it had an impact
what happens to internet subcultures and how the behavior of Bitcoiners could be predicted
whether Ethereum is a threat to Bitcoin
Thank you to our sponsors!

Udi:

Eric:

Twitter
Medium

Episode Links

Previous Coverage of Unchained:

Is Bitcoin Doomed to Fail? Eric Wall and Justin Bons Face Off

Arthur Hayes, Former Ethereum Skeptic, on Why the Merge Makes Him Bullish on ETH
With the Merge, Will Ethereum Take Over Bitcoin’s Title as Digital Gold?

Bitcoin Culture and Security