The Peter McCormack Show

A Progressive View of Bitcoin with Margot Paez


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“How do we get to the point where people can talk to each other? The only place where I’ve really seen that happen is in Bitcoin; so to me the social value of Bitcoin is massive because here we’re forced to talk to each other.”

— Margot Paez

Margot Paez is a Fellow at the Bitcoin Policy Institute specialising in Renewable Energy and Environmental Studies. In this interview, we discuss the Occupy movement, a broken capitalist system, and a pragmatic approach to our energy future.

- - - -

Bitcoin is often labelled as being a currency for libertarians. But, it is increasingly clear that Bitcoin appeals to a wide range of people with a myriad of political leanings. This includes a growing number of progressives who see in the protocol a means of enabling a fairer and less economically stratified society.

That Bitcoin appeals to such disparate communities speaks to both the strength of Bitcoin, but also the weakness of the current system. If those on both the right and left are disenchanted with the status quo, that is obviously a strong signal that a major societal change is warranted. Further, it means we have to assess why we’re so polarised if we fundamentally agree with each other.

There is a debate to be had regarding language, labels, unconscious bias, and manipulation of opinions. The issue is that these false divisions are affecting reasoned consideration of all the major issues affecting modern civilisation, particularly in relation to climate change.

The practical implication is that both sides of the climate change debate are resistant to effective and pragmatic measures. Is it possible to view these issues without a political lens?

This episode’s sponsors:
Gemini - Buy Bitcoin instantly
BlockFi - The future of Bitcoin financial services
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Casa - The leading provider of Bitcoin multisig key security.
Ledger - State of the art Bitcoin hardware wallet
Compass Mining - Bitcoin mining & hosting
LVL - Bank on Bitcoin
BCB Group - Global digital financial Services


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WBD478 - Show Notes

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The Peter McCormack ShowBy Peter McCormack

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