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8/13/2019 Let's Talk Bitcoin, episode 59, "Bitcoin's Center of Gravity"
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Transcription of Episode 59 - Bitcoin s Center of Gravity
Participants:
Adam.B.Levine (ABL), Host from LetsTalkBitcoin.com
Andreas Antonopoulos (AS), CoHost from LetsTalkBitcoin.com
!r. Step"anie #urp"$ (S#), Co"ost from LetsTalkBitcoin.com
!aniel Larimer (!L), founder of %nvictus %nnovations and CT& of Bits"ares
Scott 'oinson (S'), Plu and Pla$ Tec" Center *+po oranier
ABL: Hi, and welcome to Episode 59 of Lets Talk Bitcoin, a twice-weekly showabot the ideas, people, and p!o"ects bildin# the di#ital economy and the ft!e of
money$ %isit s at LetsTalkBitcoin$com fo! o! daily #est blo#, all o! past
episodes, and, of co!se, tippin# add!esses$ &y name is Adam B$ Le'ine, and
today we!e talkin# (&oney, &oney, &oney$)
Bitfnde! is dead, lon# li'e* +h wait, the!es nothin# !eplacin# Bitfnde!$ m "oined
by And!eas and tephanie to talk abot the ea!ly demise of the bddin# Bitcoin
nlicensed sec!ities ma!ket, the !each of the E., the pcomin# .on#!essional
hea!in#s, and Bitcoins new cente! of #!a'ity$
Then, /!otoha!es is a new altcoin f!om n'icts nno'ations claimin# to be a
c!ypto-ET0 on e'e!ythin# p!odced by the %i!#inia-based company$ Afte! lanchin#
last week, thin#s 1ickly went e2ponential and mo!e than 3 months wo!th of blocks
we!e mined in less than a week$ 4aniel La!ime! !e"oins s at the end of todays
show fo! a 1ick post-mo!tem on what happened, what went w!on#, and if anythin#
abot thei! plan has chan#ed in li#ht of the !ecent e'ents
Bt fi!st, we!e talkin# of Bitcoin and sta!tps in the ilicon %alley with cottobinson$ Lets not keep him waitin# 6 en"oy the show7
8:;
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ABL: f the!e=s one thin# mo!e popla! than Bitcoin, it=s sta!tps, and the!e isn=t any
othe! place 1ite like the ilicon %alley fo! sta!tps$ Today, =m "oined by cott
obinson, one of the o!#ani>e!s of the Bitcoin ilicon %alley &eet?p @!op$
ABL: cott, thanks fo! "oinin# s7 How a!e thin#s
: @oin# #!eat, thanks fo! ha'in# me, Adam7
ABL: eah, absoltely7 like to talk with Cohn &ohan whene'e! can, becase he
!ns a !eally e2citin# #!op ot of Dew o!k that has a lot of acti'ity #oin# on$ t
seems like ilicon %alley shold !eally be a hotbed fo! this bt 'e ne'e! actally
been to that &eet?p$ .an yo kind of #i'e me a taste
8:5;e, in both momentm and e2citement down he!e in the %alley$
o yeah, we='e been doin# it e'e!y Tesday fo! abot$$$ #ess what is that$$$a little
o'e! months now$
8:F>le, it mi#ht be whate'e! - it mi#ht be encoded on the
blockchain$
n te!ms of !e#lation, yes, this is new atomated !e#lation, bt at the same time,
its not !eally !e#latin#$ ts simply - yo know - can yo pass the !e1i!ements of
the al#o!ithm, and those !e1i!ements a!e e2t!emely low, and they a!e completely
i!!ele'ant to the so!ce o! destination of the t!ansaction$ o, if the only !e#lation
yo can #et is that, then wold assme the !e#lato!s wold think, that=s not!eally !e#lation7
8G:;ed impact on what they
wold be if yo instead had to actally con'ince the people of a cont!y to 'ote fo!
somethin#$ o know, if yo can instead "st pay off the leade!s then that mch
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easie!7 o maybe, a#ain, this is maybe the place whe!e Bitcoin has to th!i'e is on
the f!in#e - is at these decent!ali>ed a!eas whe!e the!e is no concent!ation of powe!
to essentially co-opt in o!de! to #et to that point, !i#ht
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