Unchained

Does Maximalism Help or Hurt Bitcoin? Lyn Alden and Udi Wertheimer Debate - Ep. 417

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Lyn Alden, founder of Lyn Alden Investment Strategy, and Udi Wertheimer, a recovering Bitcoin maxi, talk about Bitcoin Maximalism, how Bitcoin is developing, and what’s the future of Bitcoin’s security model. 

 

Show highlights:
  • What the definition of Bitcoin maximalism is
  • whether BTC maximalism is toxic
  • whether Vitalik Buterin is still a bitcoiner and how Bitcoiners became the 'token police', according to Udi
  • why Lyn thinks Bitcoin has been attacked by the media since the beginning
  • the attacks by Bitcoin maximalists on Nic Carter and Andreas Antonopoulos
  • how adoption kicked in during previous cycles and why it benefitted BTC
  • what the different types of Bitcoiners are
  • what developments are being made around Bitcoin
  • the importance of Bitcoin being permissionless
  • what the use cases for Bitcoin are and whether it’s still a highly speculative asset
  • whether people care about using decentralized payment tools
  • how Lyn defines ‘ultra sound money’ and why she thinks that Bitcoin is better at that than ETH
  • whether Bitcoin’s security model needs to be fixed 
  • why being able to run a node is essential for censorship resistance
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    Thank you to our sponsors!

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    Udi:

    • Twitter
    • Substack
    • Previous Unchained episodes:
    • Why Bitcoin Maximalism Is ‘Like a Shitcoin Community’

      •  

      Lyn:

      • Twitter
      • Website
      • Previous Unchained episodes:
      • How Will Inflation Impact Crypto?
      • Is Ethereum a Good Investment? 
      • Why Bitcoin Now: Meltem Demirors and Lyn Alden on the Perfect Conditions for Bitcoin
        • Episode LinksPrevious 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’s culture and security
          • Bitcoin Maximalism Is Dead, Long Live Bitcoin Maximalism by Pete Rizo
          • Setting the record straight by Nic Carter
          • 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 Bons’ thread on BTC security model
          • A (brief and incomplete) history of censorship in /r/Bitcoin by John Blocke
            Ultra sound money


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            UnchainedBy Laura Shin
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