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Against many challenges, Bitcoin, the worlds first true cryptocurrency has survived for over a decade. With What Bitcoin Did, podcast host Peter McCormack talks to experts in the world of Bitcoin. From developers to investors, journalists to Bitcoin company CEOs, you will learn about everything that is happening in the world of Bitcoin.
 
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“Everything in the system is self-regulating and self-adjusting, and it’s decentralised and autonomous, and we can see these phenomena much better in nature than we can in human-made entities; Bitcoin is a lot more like an organism than it is like a company or a government.” — Tomer Strolight Location: Remote Date: Sunday 28th November Project: tom…
 
Location: Remote Date: Sunday 28th November Project: tomerstrolight.medium.com Role: Writer The modern capitalist system is based on centralised and hierarchical structures of control. Bitcoin is a divergent innovation, structured to be decentralised. Progress is made through consensus, which forgoes the need to know or trust any of the parties inv…
 
Mary Gauthier is a folk singer/songwriter whose songs have quite literally saved her life. Writing music did not come easily to Gauthier. She began abusing drugs and alcohol as a young girl growing up in Louisiana. After years of struggling with addiction, Gauthier got clean at age 27 and began frequenting open mics around Boston. She released her …
 
“It’s a different game now, it’s more measured, a little bit slower, much more capital involved...Bitcoin has really crossed that chasm now to impact traditional finance very clearly in this year.” — Willy Woo Location: Remote Date: Thursday 25th November Project: Hypersheet Role: Co-Founder Comparisons between the 2017 & 2020/2021 bull markets are…
 
Location: Remote Date: Thursday 25th November Project: Hypersheet Role: Co-Founder Comparisons between the 2017 & 2020/2021 bull markets are commonplace, and for a good reason. The 2016 halving kicked off a huge run and the first instance of wider retail getting involved in the Bitcoin market. 2020's halving was one catalyst for the current bull ru…
 
“We have Lightning, and Lightning is Bitcoin. And Lightning does millions of transactions per second, instantaneously, with finality of settlement. They’re irreversible; there’s no mining, there’s no blockchain. And if this sounds like magic, it absolutely is… so it obliterates the use case of every shitcoin in the world, and it kind of obliterates…
 
Location: Remote Date: Wednesday 25th November Project: Plebnet The benefits of the Lightning Network are clear for all to see. By taking transactions off-chain, you can settle almost instantly for a tiny fee while retaining better privacy than with an on-chain transaction. The Lightning Network is paramount to Bitcoin's scaling, and it is growing …
 
“Why don’t some large countries just print a little bit of money and buy bitcoin and stick it on their reserves for example; and if you were to see those cracks in the dam start to appear, and you were to start to see that happening, that’s potentially a really explosive moment.” — Lyn Alden Location: Remote Date: Monday 22nd November Project: lyna…
 
Location: Remote Date: Monday 22nd November Project: lynalden.com Role: Macroeconomist In the last month alone, Bitcoin has hit all-time high prices, Bitcoin on exchanges has hit multi-year lows, and El Salvador announced a $1 billion Bitcoin bond to fund the development of a Bitcoin city. At the same time, economic signals have started to flash re…
 
Michelle Zauner is the lead singer and creative force behind the indie, dream pop band, Japanese Breakfast. This year Zauner released a series of career-defining projects that propelled her band to widespread critical acclaim including her New York Times best-selling memoir, Crying In H Mart, and Japanese Breakfast's third and most ambitious album,…
 
“We believe that the strongest thing for Bitcoin’s network is to have millions of miners as opposed to 12 or 15 miners with millions of ASICs.” — Whit Gibbs Location: London Date: Friday 19th November Project: Compass Mining Role: Founder & CEO Proof of Work is the bedrock of Bitcoin. It provides the network security but is not immune to attack. On…
 
Location: London Date: Friday 19th November Project: Compass Mining Role: Founder & CEO Proof of Work is the bedrock of Bitcoin. It provides the network security but is not immune to attack. One attack vector is a collusion of miners who gain a significant amount of the hashrate could theoretically block transactions and reorganise the blockchain. …
 
“What I care about isn’t that Bitcoin succeeds, or that Ethereum succeeds, or that any specific project succeeds. What I care about is separating money from state; the entire financial system being built on market principles instead of coercion.” — Erik Voorhees Location: Remotely Date: Tuesday 16th November Project: Human Rights Foundation & Shape…
 
Location: Remotely Date: Tuesday 16th November Project: Human Rights Foundation & ShapeShift Role: Chief Strategy Officer & CEO, Founder The schism between Bitcoin maximalists, and those who champion altcoins, is a feature of the ecosystem. The arguments are well worn. However, the history of the debate has largely been regarded as toxic. Maximalis…
 
“The only reason gold has the monetary value that it does have is because there’s this small chance that one day it will be the reserve currency again...and Bitcoin is making the exact same bet. ” — Aaron Van Wirdum Location: London Date: Tuesday 9th November Project: Bitcoin Magazine Role: Print Editor-In-Chief When I first visited El Salvador, to…
 
Location: London Date: Tuesday 9th November Project: Bitcoin Magazine Role: Print Editor-In-Chief When I first visited El Salvador, towards the end of 2019, Michael Petersen was in the early stages of implementing his vision of a local bitcoin economy in the coastal village of El Zonte. What started as a small-scale experiment has become a transfor…
 
Justin Richmond shares the first chapter of a new book he's been working on with Malcolm Gladwell and Bruce Headlam. It’s called Miracle And Wonder, Conversations with Paul Simon. Download the audiobook today at miracleaudiobook.com and receive an exclusive listener's guide featuring additional commentary from Bruce Headlam and the producers of Mir…
 
“Everybody says ‘yeah, it’s great for people in Kenya, or Zimbabwe’, but then everybody’s just interested in the price, and what Elon Musk is saying again.” — Anita Posch Location: Remotely Date: Thursday 11th November Project: anitaposch.com Role: Author, Podcaster, Educator It’s easy to forget that those who have acquired Bitcoin are still early …
 
Location: Remotely Date: Thursday 11th November Project: anitaposch.com Role: Author, Podcaster, Educator It’s easy to forget that those who have acquired Bitcoin are still early adopters, with the enthusiasm and courage to have found the appropriate resources needed to investigate this still nascent and mysterious creation. However, the key to the…
 
“It’s not just about me, it’s about the millions of people not only in America but around the world who are being completely silenced...and I just find that to be unacceptable.” — Laura Loomer SHOW DESCRIPTION Location: New York Date: Friday 29th October Project: loomered.com This year’s Bitcoin 2021 conference was the biggest event in Bitcoin’s hi…
 
Location: New York Date: Friday 29th October Project: loomered.com This year’s Bitcoin 2021 conference was the biggest event in Bitcoin’s history, with over 12,000 people coming together in Miami. I was there to host one of the most hotly anticipated events called ‘Banking the Unbanked’ which saw my friend Alex Gladstein interview Twitter CEO Jack …
 
According to Time Magazine, singer Angelique Kidjo is “Africa’s premier diva.” Kidjo started out singing traditional music in her native Benin, West Africa when she was a teenager. In 1983, she escaped the conflict-riddled Benin for Paris, where she studied music and eventually signed her first record deal with Island Records. Kidjo has since relea…
 
“Politicians are creatures of the market. What market are they responding to? There are political incentives, donors, the media...we have to create our own political incentives, the donors, and the media to stand up for Bitcoin and progress, otherwise we’re going to end up on the cutting room floor.” — Andrew Yang Location: New York Date: Friday 29…
 
Location: New York Date: Friday 29th October Project: Forward Party Role: Leader Nearly two-thirds of Americans want to vote for someone outside of the current two main parties. The current duopoly is limiting competition in the space for ideas, and worse, it’s actively promoting the polarisation of society. Yet, voting for a third-party candidate …
 
“What I think you’re seeing is a really rather small group of people but a very dominant and loud group of people dominating the narratives and shutting everyone else down because people are kind of scared.” — Katherine Brodsky Location: Los Angeles Date: Sunday 17th October Company: Freelance Role: Writer The internet democratised the disseminatio…
 
Location: Los Angeles Date: Sunday 17th October Company: Freelance Role: Writer The internet democratised the dissemination of information. From news to social discourse, anyone with access to the internet can broadcast their thoughts to the world. With the growth of the internet and social media, the news business model entirely shifted. No longer…
 
“Humanity has generally progressed by moving through shifts in thought, there was the renaissance, there was the enlightenment, there was the dark ages, and now we live in fiat land...Bitcoin is the reaction to that, bitcoin will fix that problem.” — Pete Rizzo Location: New York Date: Wednesday 27th October Company: Kraken & Bitcoin Magazine Role:…
 
Location: New York Date: Wednesday 27th October Company: Kraken & Bitcoin Magazine Role: Editor The role of Bitcoin maximalism is a hugely divisive topic. As a decentralised network, Bitcoin has no leaders or spokespeople to counter false information or fend off an attack. In the absence of leaders, bitcoiners from all over have become an important…
 
“I think it’s over… it’s changed, we are now in an inflationary environment, get used to it, get ready for it, prepare for it, protect yourself against it.” — Lawrence Lepard Location: New York Date: Wednesday 27th October Company: Equity Management Associates Role: Investment Manager Bitcoin is decentralised sound money whose supply cannot be arbi…
 
Location: New York Date: Wednesday 27th October Company: Equity Management Associates Role: Investment Manager Bitcoin is decentralised sound money whose supply cannot be arbitrarily expanded. It’s a system where no one has an advantage or disproportionate control. The ability to increase the supply of money is a very powerful tool to wield. Throug…
 
Pastor T.L. Barrett has been known on Chicago’s South side as a religious and community leader for 50 years. But it wasn’t until recently that people started to uncover Barrett’s trove of gospel music. In the 1970s, Barrett began making recordings of the music performed in his church. These were sermons he’d turn into songs that sat around for year…
 
“The only sign of hope when I’m looking at this is actually looking at something like bitcoin because you are able to circumvent all these different levels of restrictions, whether it’s the Isralis or the Palestinian Authority, or even Hamas.” — Fadi Elsalameen Location: Remotely Date: Wednesday 20th October Project: Human Rights Foundation, Americ…
 
Location: Remotely Date: Wednesday 20th October Project: Human Rights Foundation, American Security Project Role: Chief Strategy Officer, Adjunct Senior Fellow Palestine is a country ravaged by 4 wars in 15 years. However, military conflict is only part of the economic challenges the country faces. There is monetary warfare being waged against its …
 
“That cycle has repeated for the good part of the decade, you’ve seen many of these cycles, and we’ve just reloaded, the shotgun has just reloaded with new ammo, and these guys are at peak, and we’re ready for another run.” — Willy Woo Location: Remotely Date: Thursday 28th October Company: Hypersheet Role: Co-Founder In June, with the Bitcoin pric…
 
Location: Remotely Date: Thursday 28th October Company: Hypersheet Role: Co-Founder In June, with the Bitcoin price in the low $30 thousands following a 50% drop, a number of technical analysts believed the top was in and that we were entering another prolonged bear market. However, the on-chain data told a different story and Willy Woo, amongst ot…
 
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