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What Bitcoin Did

Markets and Investing

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.

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.


United Kingdom


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.






Understanding Anarchism with Michael Malice

“People by their nature prefer to cooperate, not because they are genuinely kind, but because conflict and violence is very very expensive; if you have a knife fight you are getting stabbed, even if you win.” — Michael Malice Location: New York Date: Wednesday 9th June Project: michaelmalice.com Role: Author It's a common misconception that anarchy revolves around chaos and war when it is simply about freedom. Anarchists want to see the removal of all government and society to run on...


Central Banking, Bonds & Inflation with William Elman & Greg Mercer

“A lot of the tools that we’re using today to combat this coronavirus crisis were cooked up in 2008 during the great financial crisis, but now they’re on steroids; they’ve completely blown up to magnitudes that are unprecedented.” — Greg Mercer Location: New York Date: Wednesday 9th June As of February 2021, annual growth in the money supply reached 39% in the US, leading to widespread fears of inflation and the impact on the economy. Consumer prices soared 5% in May, the largest...


Gradually then Suddenly Pt 1 - Killing the FUD with Parker Lewis

“It is unnerving when a bunch of virtue signalers...having no appreciation for the fact that 85% of the people in the world live in poverty and they don’t have access to a reliable form of money that could pull them out of poverty, that they would start to criticize without having any understanding.” — Parker Lewis Location: Guatemala Date: Wednesday 26th May Project: Head of Business Development Role: Host The Gradually, Then Suddenly series by Parker Lewis on the Unchained Capital...


Bitcoin Tech #5 - Bitcoin Consensus with Shinobi

“I cannot stress this enough; when you are trying to gauge consensus for an upgrade proposal, it is not a democracy. Absolutely not. It is not voting; it is not majority wins. That is not how things are done.” — Shinobi Location: Miami Date: Tuesday 25th May Project: Block Digest Role: Host Bitcoin is an entirely decentralised network, and as such, by definition, it has no authoritative organisation to dictate or coordinate rule changes. Instead, any improvements or changes must be...


Eric Weinstein on Bitcoin

“I feel like the bitcoin community is one of the best communities to take on the future… we’ve got rich, smart, heterodox, idealistic, iconoclastic pirates. OK, what are we doing?” — Eric Weinstein Location: Los Angeles Date: Thursday 27th May Project: Thiel Capital Role: MD Bitcoin can be a toxic place. If you question a narrative or fall on the wrong side of a debate, you will quickly find yourself on the receiving end of the ‘bitcoin plebs’, and rarely a day passes without a fight...


ESG, Tesla and Energy FUD with Lyn Alden

“I’m wary of greenwashing, things that basically consist of virtual signalling about being green... we’re more interested in looking like we’re solving the problem rather than actually solving the problem.” — Lyn Alden Location: Los Angeles Date: Friday 28th May Project: lynalden.com Role: Macroeconomist Over the last few weeks, the ESG narrative regarding Bitcoin has been growing, and we have seen a constant stream of misinformed FUD surrounding the energy sources and usage of Bitcoin...


Bitcoin Has No Leaders with Dan Held

“Bitcoin grows more antifragile with these sorts of events... they’re going to lose influence pretty fast, and pretty soon, the market doesn’t care what they have to say.” — Dan Held Location: Chicago Date: Wednesday 26th May Project: Kraken Role: Growth Lead When Elon Musk tweeted that Tesla had "suspended vehicle purchases using Bitcoin" due to their concerns "about the rapidly increasing use of fossil fuels for Bitcoin mining and transactions", the market went into freefall,...


From the Petrodollar to a Bitcoin Standard with Alex Gladstein & Nic Carter

“It’s reasonable to think that in the next 10-15 years, we’ll start seeing a real shift. Whether it’s to a bi-polar world or a multi-polar world or potentially a world where we no longer have the petrodollar as the reserve currency… but rather, maybe the Bitcoin standard.” — Alex Gladstein Location: Remotely Date: Monday 24th May Project: The Human Rights Foundation & Castle Island Ventures Role: Chief Strategy Officer & Partner Bitcoin is in the midst of an immense cycle of FUD. In...


The Sovereign Individual Pt 2 - The Logic of Violence with Robert Breedlove

“If you’re operating in a purely free market, the presupposition is that you should only be rewarded commensurate to how well you satisfy the wants of others basically; the better you serve mankind the richer you become.” — Robert Breedlove Location: El Salvador Date: Monday 10th May Project: Independent Role: Bitcoin Writer Growing food, gunpowder and the printing press, while these don't appear to have much in common, they have been the catalyst for some of the most fundamental...


Is the Bitcoin Bull Market Over? With Willy Woo

“The people who were most scared and the reason why markets dropped so much this time, was these guys that sold their coins, they were new participants...holding whale-sized quantities of bitcoin which creates a new concentration of wealth. What happened was they were the ones that sold.” — Willy Woo Location: Guatemala Date: Thursday 20th May Project: Hypersheet Role: Co-Founder The last 48 hours have been one of the craziest in Bitcoin, with the price crashing -51% from its peak....


Bitcoin, A Fiduciary Duty with Nik Bhatia

“If you are ignoring Bitcoin now, as a growth manager, you are ignoring that an alternative monetary reality has come into existence on this planet.” — Nik Bhatia Location: El Salvador Date: Saturday May 8th Project: USC Marshall School of Business Role: Adjunct Professor of Finance For a long time, asset managers in the traditional finance world have largely ignored bitcoin. Often using outdated and debunked theories as to why bitcoin is another tulip bubble that boils the oceans,...


The Magic of Bitcoin with Tomer Strolight

“Fiat Money is like this dark magic, it distorts all those magical properties which allows for this immense coordination across billions of people in the world without ever having to talk to one another...fiat money destroys this, and Bitcoin fixes it.” — Tomer Strolight Location: El Salvador Date: Saturday May 8th Project: tomerstrolight.medium.com Role: Writer The inflationary aspects of fiat money and the ultimate control wielded by the central banks create a rigged game that forces...


Bitcoiners Control the World with David Bailey

“He who controls the money controls the world, and Bitcoin is the money now, and bitcoiners control the world, and the rest of the world is waking up to this fact. This is the new Davos...fuck the old world.” — David Bailey Location: El Salvador Date: Friday 30th April Company: BTC Media Role: CEO & Co-Founder On June 4th & 5th, the Bitcoin world will descend on Miami for the largest Bitcoin-only conference in history. Since the outbreak of the pandemic, conferences and gatherings have...


The Indy500 Bitcoin Car with Jack Mallers & Ed Carpenter

“Sometimes all it takes to change the world is just care enough. That’s how I think about the bitcoin community, we wear hoodies, we’re weird, we’re nerdy, we don’t have girlfriends, all of the memes. But, you know what you can’t say is that these guys don’t fucking care. We care a lot.” — Jack Mallers Location: El Salvador Date: Saturday May 8th Company: Strike, Ed Carpenter Racing Role: CEO, Owner Ed Carpenter lives life at over 373 km/h. He’s worked his whole life for his dream of...


SurferJim Yells a Little Bit with SurferJim & American HODL

“If we lived in a world where you could trust your money, you could then trust your ability to just go work hard like you already do…when the money is fixed, all this bullshit goes away.” — SurferJim Location: El Salvador Date: Wednesday 5th May Company: n/a Role: n/a Bitcoin is an open and permissionless system that, by design, is available to anyone and everyone who wants to participate, without prejudice or bias. However, while the system is open to all, some of the participants in...


Value Investing and Bitcoin with Peter Doyle

“There’s not many asset classes that could save you the way that bitcoin can, and I think people are just lazy and they’re not paying attention to what’s happening.” — Peter Doyle Location: Remotely Date: Wednesday 21st April Company: Horizon Kinetics Role: Co-Founder & MD Value investing is a simple but highly effective strategy used by some of the world's most renowned traders, most notably Warren Buffet. These investors hunt out stocks that they believe to be trading below their...


All In on Bitcoin with Sean Culkin

“Bitcoin is hope, and it is traveling, and people are becoming aware of it…I’m ready to do this and I don’t really view this as a risky thing.” — Sean Culkin Location: Remotely Date: Monday 3rd May Company: Kansas City Chiefs Role: Tight End Sean Culkin rocked the sports world with his recent announcement that he is taking 100% of his $920K salary in bitcoin. Sean is not the first NFL player to dive into bitcoin, but he is the first to take his entire salary in bitcoin in a truly...


The Truth About Inflation with Lyn Alden

“CPI is a really crappy statistic for the most part… housing has gone up faster than CPI, food has gone up faster than CPI, healthcare has gone up faster than CPI, tuition has gone up faster than CPI, the cover price of the New Yorker magazine has gone up faster than CPI.” — Lyn Alden Location: Remotely Date: Friday 26th, March Company: lynalden.com Role: Macroeconomist Bitcoin was born out of the 2008 financial crisis when central banks worldwide started printing money at levels never...


Bitcoin Tech #4 - Wrapped Bitcoin & Sidechains with Shinobi & Nadav Kohen

“Blockchains solve a very specific problem, that’s their big innovation, but they suck at pretty much everything else.” — Nadav Kohen Location: Remotely Date: Tuesday 27th April Company: Block Digest, Suredbits Role: Host, Software Engineer Since Bitcoin’s inception, scaling has been a divisive topic. The very first reply to Satoshi Nakamoto’s email introducing the bitcoin whitepaper stated that “We very, very much need such a system, but the way I understand your proposal, it does not...


The Bitcoin Supercycle Revisited with Dan Held

“The TL;DR of the supercycle theory: what happens when the world wakes up to Bitcoin?” — Dan Held Location: Remotely Date: Tuesday 27th April Company: Kraken Role: Growth Lead When Dan Held first wrote about a possible bitcoin supercycle back in 2019, the idea seemed far fetched. The bitcoin price was just under $10,000, and we were a few months away from the first reported cases of COVID-19. Now, 18 months on from that tweet, the idea of a supercycle is gaining traction. With...