Fountain
The Role of Bitcoin Maximalism with Udi Wertheimer
What Bitcoin Did with Peter McCormack

The Role of Bitcoin Maximalism with Udi Wertheimer

Jul 20 2022 • 1hr 37m

Show Notes

“I don’t know if it relates to the whole block size war thing in 2017, I don’t know if it’s something else, but we changed the focus. The focus is not really on Bitcoin anymore. It’s on all the things that Bitcoin isn’t.”— Udi WertheimerUdi Wertheimer is an independent developer and consultant, and an active member of Bitcoin’s Twitterverse. In this interview, we discuss the evolved status and definition of Bitcoin maximalism, what success for Bitcoin means, and how Bitcoiners should interact with crypto investors. - - - - Nearly 2 years ago I interviewed Udi to discuss Bitcoin, Ethereum and maximalism. He’s an important voice as, whilst being a Bitcoin advocate, Udi also provides valid critical analysis. As the merits and risks of Bitcoin maximalism are again at the forefront, it is valuable to hear his current views. The fundamental issue is whether maximalism is a net positive or negative for #Bitcoin. The difficulties start with defining maximalism, and what unique utilities of Bitcoin maximalists are to coalesce behind. Is it a movement to protect the technical development of Bitcoin i.e. protecting monetary policy, protecting the protocol?Or is maximalism a cultural phenomenon predicated on developing a moral framework that seeks to provide refuge from more brutal capitalist behaviours? Does maximalism need to be unrelenting in its dismissal of other developments within crypto for the purposes of protecting green retail investors from scams? When, if ever, does defence need to become attack?Maximalism has served as a moral check on the development of Bitcoin. Adherents are right to treat manifestations of the status quo with suspicion. However, there is a delicate line to be taken. History is littered with examples of principled movements being radicalized into counter productive factions.- - - - This episode’s sponsors:Gemini - Buy Bitcoin instantlyBlockFi - The future of Bitcoin financial servicesBitcasino - The Future of Gaming is herePacific Bitcoin - Bitcoin‑only event, Nov 10 & 11, 2022Ledger - State of the art Bitcoin hardware walletCompass Mining - Bitcoin mining & hostingCake Wallet - Open-source, privacy-focused Bitcoin walletBCB Group - Global digital financial Services-----WBD529 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.
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@rot13maxi
4,000 sats
Jul 25 2022
great conversation with udi
@diesel
500 sats
Jul 27 2022
great to hear balance every now and then.
@georgeorwell
111 sats
Jul 20 2022
This episode is really really bad.
@smitty_boop
100 sats
Aug 16 2022
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@southside
100 sats
Jul 23 2022
Peter, you and Danny are doing big things for Bitcoin🫡
@tronsington
100 sats
Jul 20 2022
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@xeqt_mf
69 sats
Jul 20 2022
Nobody cares what Udi, a shitcoiner and shitcoins shill, has to say
@osc4r
60 sats
Jul 28 2022
I became more of a bitcoiner and less of an altcoiner (not maximalist per se, because I see great usecases with smartcontracts) thanks to your show mainly.
@mun
50 sats
Jul 26 2022
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@lightningmaximalist
50 sats
Jul 21 2022
well guess I think the role of Binance Coin etc perform more as an equity, sort of acts like a stock for the Binance exchange.
@user2226497883885094
50 sats
Jul 23 2022
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@zoltan
21 sats
Jul 27 2022
Real Estate is a scam and now it will be priced for good. People will find out that its just a commodity because they will eventually find a better investment. What? Bitcoin.
@bennett23
21 sats
Jul 21 2022
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@zoltan
21 sats
Jul 27 2022
Real Estate market is definitely a scam. People falsely think it's a good investment because they were brainwashed for decades.
@perfect_game
20 sats
Jul 25 2022
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@scmcint
20 sats
Aug 16 2022
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@user3
20 sats
Jul 20 2022
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@lightningmaximalist
20 sats
Jul 21 2022
I was not very convinced by any of Audi’s arguments.
@zeppelin
20 sats
Jul 21 2022
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@ryguy022
10 sats
Jul 21 2022
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@linesgone
10 sats
Jul 30 2022
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@nomad
10 sats
Jul 22 2022
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