Bitcoin Threat Vectors | The Weinstein Series | Episode 2 (WiM086)

Eric Weinstein joins me for a multi-episode conversation covering mathematics, physics, history, politics, economics, and money.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTEric's twitter: https://twitter.com/EricRWeinsteinEric's YouTube: https://www.youtube.com/ericweinsteinphdEric's Podcast: https://ericweinstein.org/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 Bitcoin Mining as the Bridge Between Digital and Physical00:02:36 The Issue of Theft00:05:04 Transactional Anonymity and the Value Proposition of Bitcoin00:07:57 Bitcoin’s Killer App: “It Makes You Rich”00:11:00 Scarcity is Absolutely Essential to Freedom00:14:56 Bitcoin “Toxic Maxulinity”00:17:29 Shitcoins as “Counterfeit Bitcoin”00:21:53 Bitcoin as “Goldilocks Money”00:23:57 How Secure is Satoshi’s Discovery?00:26:20 The Problem of the US Dollar as Numeraire00:28:26 “What If The Government Made All the Thermometers?”00:30:29 NYDIG00:31:37 Gauge Theory as a Way to Protect the Gauges00:32:32 Potential Threats to Bitcoin00:36:30 Bitcoin as a Culture of Temptation-Resistance00:39:05 Simulating a Bitcoin Market Cycle00:42:21 Central Banking Makes Bitcoin “Number Go Up” Forever00:48:30 The “Charismatic Campaigner” Risk00:52:06 The Trauma of Being Vindicated on Bitcoin00:54:55 Trait Disagreeableness is Common Among the Rich00:56:52 Sharing Some Perspectives on Taleb and MuskSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Put your Bitcoin to work. Earn up to 6% interest back on Bitcoin with Tantra: https://bit.ly/3CFcOmgAutomatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22