Here Comes Cory - Defending Bitcoin with Cory Klippsten - FFS #89
Feb 19, 2024
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Join Cory Klippsten in defending Bitcoin against scams and discussing the latest threats. Discover Swan's new mining division plans and future outlook. Get excited for upcoming Bitcoin events like Bitcoin Atlantis and Pacific Bitcoin. Dive into the transformative power of Bitcoin and its potential for coordinating commerce and fostering peace.
The speaker believes that by 2035, most goods and services around the world will be priced in Satoshis alongside traditional fiat currencies. This will create a dual price tag system, similar to duty-free shops at airports. While the transition may require faster adoption, the speaker sees it as part of a broader technological revolution spanning 80 years.
The Impact of ETFs on Bitcoin Adoption
The introduction of Bitcoin ETFs is seen as a major catalyst for increased Bitcoin adoption. These ETFs act as a top-of-funnel entry point for new investors, driving more capital into Bitcoin. The speaker suggests that for every dollar invested in the ETF, an additional five to ten dollars will flow into Bitcoin, leading to increased demand and further innovation in the space.
Bitcoin Solving Problems and Creating Opportunities
The speaker envisions Bitcoin as a force that reduces the severity and intractability of problems while creating new opportunities. Bitcoin's role as a store of value protects against financial abuse and tyranny, while its potential as a medium of exchange unlocks innovation and economic growth. The speaker believes that Bitcoin's gradual then sudden adoption and advancements in technology will lead to a better future with smaller problems and greater opportunities for humanity.
The Gradually then Suddenly Effect
The speaker discusses the concept of the gradually then suddenly effect, where Bitcoin's adoption and impact on society may unfold gradually before suddenly advancing to a new level. This effect is seen in various technological revolutions throughout history and may apply to Bitcoin's ability to reshape commerce, wealth distribution, and societal interactions. The speaker suggests that Bitcoin's ability to remove noise and improve efficiency will drive the adoption of better problems to solve and create new opportunities.
The Future Perspective of Bitcoin
The speaker expresses optimism about the future of Bitcoin and its potential to bring positive change to the world. By reducing problems and increasing opportunities, Bitcoin has the potential to encourage global coordination, foster peace, and transform economic systems. The speaker believes that Bitcoin's adoption will gradually address issues and lead to a better world, where problems are smaller, and progress and innovation flourish.
In this episode, we're joined by Cory Klippsten, CEO of Swan Bitcoin, and staunch defender of Bitcoin against scams and bad actors.
Here Comes Cory!
Key Points Discussed:
🔹 The latest threats to Bitcoin
🔹 Swan's new mining division
🔹 Cory's outlook for Bitcoin in the near term
What You Will Discover:
🔹 Swan's plans for 2024
🔹 Exciting conference plans including Bitcoin Atlantis and Pacific Bitcoin
🔹 Cory's optimistic view of the future
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Chapters:
00:00 Intro
02:07 Welcoming Cory
03:23 Defending Bitcoin
12:48 Shitcoins on Bitcoin
14:01 Attention Creating Reality
15:23 Swan Mining vs Ordinals
24:53 Swan's Latest Endeavours
30:03 Expansion to New Markets
31:02 Upcoming Conferences
36:46 Current Bitcoin Sentiment
43:17 God Candles
47:02 Optimism for the Future
52:19 Gradually Then Suddenly
55:11 Future Outlook
01:01:17 Wrapping Up
The Freedom Footprint Show is a Bitcoin podcast hosted by Knut Svanholm and Luke de Wolf.
In each episode, we explore everything from deep philosophy to practical tools to emit freedom dioxide to expand your freedom footprint.
Join us as we head toward the orange glowing light together!
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