Bitcoin for Millennials Eric V Stacks: On being a Bitcoin maximalist - BFM033
Eric V Stacks is back for another appearance! After a wonderful first conversation (Ep. 023), and meeting in real life in Madeira, we recorded another conversation where we explored: the Bitcoin Atlantis conference, banning by governments, how Bitcoin improves our lives, what to do when the price drops, the discovery of incorruptibility in Bitcoin, being cheerful and constructive in spreading Bitcoin awareness, how broken money leads to perverse incentives in food and pharma, and more!
→ Follow Eric on https://x.com/EricVStacks
Timestamps
00:00 - Introduction and the Power of Bitcoin Community 05:57 - The Energy and Impact of Bitcoin Conferences 09:46 - Will Bitcoin be Banned or Confiscated by Governments? 23:58 - The Fragility of the Fiat System and the Potential Threat to Bitcoin 28:02 - The Inevitable Rise of Bitcoin and the Role of Financial Institutions 33:09 - Larry Fink and his Business Strategy 35:09 - Bitcoin Solving Inherent Human Corruptibility 39:06 - The Value of Following the Rules in Bitcoin 42:08 - Celebrating Bitcoin Price Drops 46:20 - Staying Stuck in Clown World 47:00 - Being Cheerful and Constructive in Spreading Bitcoin Awareness 51:43 - Bitcoin as a Solution for Everyone 58:34 - Regulating Bitcoin and the Lessons from the Cannabis Industry 01:07:19 - The Excitement and Optimism of Being a Bitcoin Maximalist 01:10:17 - Trading Shitcoins vs. HODLing Bitcoin 01:13:49 - The Nihilistic World vs. the Optimistic World 01:17:43 - The Flawed Value Proposition of Shitcoins 01:27:39 - Flawed Premise and Navigating SEC Rules 01:29:18 - Broken Incentives in Food and Medicine 01:50:47 - Synergy Between Bitcoin and Cannabis
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