In this episode, OG Bitcoiner Alp reflects on Bitcoin’s transformation from a fringe libertarian experiment to a mainstream political tool. They discuss the dilution of early Bitcoin culture, the lingering identity crisis among mid-cycle adopters, the myth of ongoing existential threats, and the shift from cypherpunk ideals to nation-state interests. Alp shares his skepticism of Bitcoin's co-option by U.S. political movements and emphasizes that while Bitcoin is no longer underground, its core functionality and value remain intact. Enjoy!

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Timestamps:

(00:00) Introduction

(06:04) Bitcoin’s Changing Culture

(09:56) Ledger Ad

(10:43) Bitcoin’s Contrarian Mindset

(16:46) Evolution of Bitcoin Upgrades

(20:26) Unpacking Bitcoin Knots

(24:45) Future of Bitcoin & Political Implications

(26:13) Ledger Ad

(27:00) Future of Bitcoin & Political Implications

(28:13) Currency Competition, Tether & Dollarization

(29:55) US Politics & Bitcoin

(32:14) Stablecoins & the Financial System

(36:59) Bitcoin's Role in America's Debt Problem

(48:46) The Cypherpunk Dream & Bitcoin's Future

(52:31) Final Thoughts

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Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.

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