Toxic Bitcoin Maximalism with Cory Klippsten (WiM197)

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]GuestCory's Twitter: https://twitter.com/coryklippstenSwan Bitcoin Website: https://www.swanbitcoin.com/PODCASTPodcast 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=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:Outline00:00:00 “What is Money” Intro00:00:08 Learn about Bitcoin with Swan Private at SwanPrivate.Com00:01:37 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 Bitcoin00:27:05 Discussing Bitcoin Culture Online vs In-Person00:32:57 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 Altcoins01:06:56 The Opportunity Costs of Crypto vs Bitcoin01:10:29 Is "Bitcoin Toxicity" Positive?01:22:24 Watch "Hard Money with Natalie Brunell" From Swan Studios01:23:11 Take Control of Your Healthcare with CrowdHealth01:24:19 Discussing the "Sunk Cost" Fallacy with Crypto Projects01:27:33 Nic Carter, VC Investments, Dealing with Criticism & Creating "Call Option Value" off of Notoriety01:51:23 Robert's Experience in Dealing with Toxicity vs Nic Carter's01:59:52 Is Crypto a threat to Bitcoin & Why is it a Net-Negative?02:04:08 Discussing, What is "Bitcoin Toxicity" & How to use it Effectively02:10:22 Would "Bitcoin Toxicity" be needed on a "Bitcoin Standard"?02:15:31 Common Personality Traits among Bitcoiners02:21:39 How Labels bring on the "Ego" vs "Productivity"02:25:55 How the Bitcoin Community helps Progress Ideas02:37:27 Final Thoughts from Cory Klippsten02:43:39 "What is Money" OutroSOCIALBreedlove 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/breedlove22WRITTEN 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 BUSINESSESSwan Private guides high-net-worth individuals and businesses in all areas of Bitcoin strategy: https://www.swanprivate.com/breedloveCrowdHealth offers an innovative health insurance model based on Bitcoin and community: https://www.joincrowdhealth.com/breedloveOkcoin is an innovative and education-focused cryptoasset exchange platform—earn $50 in free Bitcoin by signing up at: https://okcoin.com/breedloveInvest with a licensed Bitcoin advisor through DAIM: https://daimio.typeform.com/RobertBreedloveJoin Me At Bitcoin 2023, pre-order your tickets now (for a chance to win 10M sats, use discount code BREEDLOVE): https://b.tc/conference/2023Automatic Recurring Bitcoin Buys and Withdrawals: https://www.swanbitcoin.com/breedlove/