
Toxic Bitcoin Maximalism with Cory Klippsten (WiM197)
The "What is Money?" Show
Is Dogmatism Applied to Bitcoin?
Bitcoin is not being forced on anyone. People are just figuring it out for themselves. I don't think we humans will ever be free of bit coin ever again. So i think things about how i see bicon rolling out could change, but i don't really see. It would only be sort of at the margins, and like changing my mind about the that we're on.
CEO & Co-Founder of Swan Bitcoin, Cory Klippsten joins me again for another great conversation about the culture of Bitcoin, the "sunk cost" fallacy within crypto projects & how to best deal with "Bitcoin Toxicity" & ask, is it useful?
Be sure to check out Swan Private, the trusted Bitcoin financial services provider for high-net-worth individuals and businesses worldwide: [https://www.swanprivate.com/breedlove]
Guest
Cory's Twitter: https://twitter.com/coryklippsten
Swan Bitcoin Website: https://www.swanbitcoin.com/
PODCAST
Podcast Website: https://whatismoneypodcast.com/
Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400 Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1
RSS Feed: https://feeds.simplecast.com/MLdpYXYI
Transcript:
Outline
00:00:00 “What is Money” Intro
00:00:08 Learn about Bitcoin with Swan Private at SwanPrivate.Com
00:01:37 Discussing their thoughts on why Nassim Taleb is "Anti-Bitcoin"
00:12:47 "Pacific Bitcoin Conference" brought to you by Swan Bitcoin!
00:14:06 Discussing "Dogmatism" & how people can be Dogmatic toward Bitcoin
00:27:05 Discussing Bitcoin Culture Online vs In-Person
00:32:57 Is there anything that could happen to change your mind on Bitcoin?
00:37:39 How does Inflation Affect Bitcoin & Crypto?
00:41:44 How do you Define, "Shitcoins"
00:50:32 Discussing the Economic & Moral Case for Bitcoin vs Altcoins
01:06:56 The Opportunity Costs of Crypto vs Bitcoin
01:10:29 Is "Bitcoin Toxicity" Positive?
01:22:24 Watch "Hard Money with Natalie Brunell" From Swan Studios
01:23:11 Take Control of Your Healthcare with CrowdHealth
01:24:19 Discussing the "Sunk Cost" Fallacy with Crypto Projects
01:27:33 Nic Carter, VC Investments, Dealing with Criticism & Creating "Call Option Value" off of Notoriety
01:51:23 Robert's Experience in Dealing with Toxicity vs Nic Carter's
01:59:52 Is Crypto a threat to Bitcoin & Why is it a Net-Negative?
02:04:08 Discussing, What is "Bitcoin Toxicity" & How to use it Effectively
02:10:22 Would "Bitcoin Toxicity" be needed on a "Bitcoin Standard"?
02:15:31 Common Personality Traits among Bitcoiners
02:21:39 How Labels bring on the "Ego" vs "Productivity"
02:25:55 How the Bitcoin Community helps Progress Ideas
02:37:27 Final Thoughts from Cory Klippsten
02:43:39 "What is Money" Outro
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