EPISODE · Oct 22, 2021 · 2H 27M
Cape Breton Bitcoin Culture
from Magic Internet Money · host Keegan Francis
Brad Mills invites fellow Cape Breton bitcoiners Steven Manley and Dominic onto the show to discuss early adoption of crypto and its relation to Cape Breton culture. Steven talks about his past involving early cryptography, Brad elaborates on the state and history of Cape Breton. Dominic talks about his history retiring from the military and retirement in Cape Breton. The group criticizes governments and their stances on Bitcoin and altcoins, as well as the problems facing not just Bitcoin, but the entire crypto space as regulators come to collect.Time Stamps00:00:18 - Introduction00:02:10 - The Post-Trust World00:08:25 - Show Start and Guest Intro00:15:04 - Getting into Bitcoin Early00:19:38 - The current state, Challenges facing Bitcoin00:27:51 - What is money and the violation of social contracts00:42:21 - Government relations with cryptocurrencies00:46:07 - Cape Breton culture00:52:06 - Bitcoin dominance, relation to altcoins and fiat00:59:28 - Questioning what money is and government control01:09:08 - Debt defaults and hyperinflation01:19:27 - Institutions and speculation, money wrapped up in assets01:26:01 - Factionalism in the cryptocurrency community01:32:37 - Bitcoin “a threat to the US dollar”, regulation and institutions01:42:30 - Trust and altcoin centralization, Bitcoin community vs Altcoin community01:55:27 - Jack Dorsey, the Twitter API, and relation to Bitcoin02:02:06 - Bitcoin not going away, life changes, institutional control of finance02:10:00 - Bitcoin and energy consumption02:15:40 - Updating away from equalization, Cape Breton modernizations02:24:03 - Social media plugs and closing remarksLinks to Mentions in the ShowThis Machine GreensMount GoxLightning NetworkIMF Concerned about CryptoizationSEC Court Case with CoinbaseCape Breton EconomicsShrinkflationBretton WoodsDefault on debt in LebanonFind Steven ManleySteven Manley TwitterFind Dominic RatelleDominic Ratelle TwitterFind Brad MillsBrad Mills TwitterMagic Internet Money TwitterMagic Internet Money FacebookMagic Internet Money Instagram
What this episode covers
Brad Mills invites fellow Cape Breton bitcoiners Steven Manley and Dominic onto the show to discuss early adoption of crypto and its relation to Cape Breton culture. Steven talks about his past involving early cryptography, Brad elaborates on the state and history of Cape Breton. Dominic talks about his history retiring from the military and retirement in Cape Breton. The group criticizes governments and their stances on Bitcoin and altcoins, as well as the problems facing not just Bitcoin, but the entire crypto space as regulators come to collect. Time Stamps 00:00:18 - Introduction 00:02:10 - The Post-Trust World 00:08:25 - Show Start and Guest Intro 00:15:04 - Getting into Bitcoin Early 00:19:38 - The current state, Challenges facing Bitcoin 00:27:51 - What is money and the violation of social contracts 00:42:21 - Government relations with cryptocurrencies 00:46:07 - Cape Breton culture 00:52:06 - Bitcoin dominance, relation to altcoins and fiat 00:59:28 - Questioning what money is and government control 01:09:08 - Debt defaults and hyperinflation 01:19:27 - Institutions and speculation, money wrapped up in assets 01:26:01 - Factionalism in the cryptocurrency community 01:32:37 - Bitcoin “a threat to the US dollar”, regulation and institutions 01:42:30 - Trust and altcoin centralization, Bitcoin community vs Altcoin community 01:55:27 - Jack Dorsey, the Twitter API, and relation to Bitcoin 02:02:06 - Bitcoin not going away, life changes, institutional control of finance 02:10:00 - Bitcoin and energy consumption 02:15:40 - Updating away from equalization, Cape Breton modernizations 02:24:03 - Social media plugs and closing remarks
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Cape Breton Bitcoin Culture
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