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The Role of Bitcoin Maximalism Part 2 with Pete Rizzo
What Bitcoin Did with Peter McCormack

The Role of Bitcoin Maximalism Part 2 with Pete Rizzo

Jul 27 2022 • 1hr 34m

Show Notes

“The problem that Bitcoin maximalism is trying to solve, is it’s trying to get people to provide their human action to furthering Bitcoin and is trying to discourage them from building things where their financial incentives would be greater to do that elsewhere.”— Pete RizzoPete Rizzo is the editor of Bitcoin Magazine, and one of Bitcoin’s leading journalists. In this interview, we discuss Bitcoin maximalism in terms of how it should be defined and rationalised, the moral lens of maximalists, and maximalism’s advantages and limitations.- - - - Following our interview with Udi to discuss Bitcoin Maximalism, we now host another interview on the topic with Pete Rizzo. The two shows together designed to look at maximalism from alternative perspectives with this interview attempting to understand if a definition of maximalism possible or is it necessarily opaque and fluid.Bitcoin maximalism has long been discussed and has gone through numerous evolutions. WBD first did a podcast on maximalism 4 years ago. Since then, there has been a new wave of adoption, and with that a new wave of maximalists.Pete Rizzo outlines his definition of maximalism for the current cycle: all efforts should be focused on supporting and improving Bitcoin; investments in other cryptocurrencies should be discouraged and ignored. And the market’s best method of policing this is the imposition of moral penalties on those working against maximalism.However, is there a contradiction within maximalism? In seeking to vehemently defend the integrity of Bitcoin, could it harm specific projects outside of Bitcoin that aim to provide unique and objectively useful utility? Or, is Bitcoin’s mission so valuable that it can not afford to be nuanced, and therefore collateral damage is unavoidable?- - - - 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-----WBD532 - 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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@michaelmatulef
500 sats
Jul 28 2022
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@intimebtc
420 sats
Jul 28 2022
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@justme
290 sats
Jul 28 2022
nice
@southside
100 sats
Jul 28 2022
Peter and Rizzo are good for Bitcoin⚡️⚡️
@satori
100 sats
Jul 28 2022
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@orangejuice
100 sats
Jul 28 2022
regardless of your opinion, irregardless is not a word, but I appreciate this conversation. 👌
@user732352903662780
100 sats
Aug 8 2022
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@cryptohotep
75 sats
Jul 28 2022
great episode per usual. keep up the great work brother. 🤙🏾⚡️
@jem
50 sats
Jul 28 2022
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@thetodd
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Jul 27 2022
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@hoos
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@bxl909
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Jul 27 2022
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@alfcamacho
21 sats
Jul 31 2022
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@changbang
15 sats
Jul 28 2022
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@wisdomislight
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@user263560462499732
10 sats
Sep 15 2022
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@ryguy022
10 sats
Jul 27 2022
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@pratibha_00
5 sats
Jul 29 2022
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@susan
3 sats
Jul 27 2022
worst guest i've heard so far. i'd much rather listen to what smart people have to say.
@southside
Jul 28 2022
Rizzo was a no-coiner before 2013 so he is the best critic of Bitcoin👍🏽I think Peter McCormack kept asking questions before Rizzo could finish his thoughts. Danny needs to moderate and let the guest talk😆
@renachegt
2 sats
Jul 30 2022
when was part 1 ?