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A Philosophical Case for Bitcoin with Craig Warmke
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Welcome back to another episode of the Energizing Bitcoin Podcast! This week, we dive deep into the philosophical underpinnings of Bitcoin with our special guest, Craig Warmke, an Associate Professor of Philosophy at Northern Illinois University and co-author of the upcoming book, "Resistance Money, A Philosophical Case for Bitcoin."
Craig shares his unique path, from studying at Moody Bible Institute to earning his PhD in Philosophy, and how a simple Facebook debate about Bitcoin being a bubble sparked his deep dive into the world of cryptocurrencies.
Craig, Jake, and Justin discuss Bitcoin's role in the energy sector, its philosophical implications, and why it's seen as resistance money. They tackle common criticisms, such as energy consumption, and provide a balanced view of Bitcoin's potential to reshape financial systems.
Craig introduces a thought experiment that challenges us to consider Bitcoin's value from a global perspective, free from personal biases. This approach helps to highlight Bitcoin's potential benefits for individuals in authoritarian regimes or under unstable financial systems.
As Bitcoin continues to gain traction, this episode sheds light on why it's essential to understand the philosophical arguments for and against it. Whether you're a seasoned Bitcoiner or new to the concept, this discussion offers fresh insights into why Bitcoin might be good for the world.
Craig Warmke is an Associate Professor of Philosophy at Northern Illinois University. With a focus on Bitcoin and its philosophical implications, Craig is a thought leader in the intersection of technology, philosophy, and economics. His upcoming book, "Resistance Money, A Philosophical Case for Bitcoin," is highly anticipated in the academic and crypto communities.
0:00 - Intro
1:15 - Jake and Justin’s Background
4:10 - Craig’s Background
10:00 - Resistance Money: A Philosophical Case for Bitcoin
19:00 - Pushback from Academia
22:19 - Political Stink of Bitcoin
26:00 - Politics and Bitcoin
33:45 - What is Bitcoin
38:00 - Philosophical Case for Bitcoin
44:03 - Veil of Ignorance
48:00 - Leibniz and the Matrix
52:50 - Satoshi’s Marketing Strategy
57:17 - Closing Thoughts
58:53 - Scheduling a Part 2
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