Does Maximalism Help or Hurt Bitcoin? Lyn Alden and Udi Wertheimer Debate - Ep. 417
1 year ago
Wrapped Bitcoin
438Views
Lyn Alden, founder of Lyn Alden Investment Strategy, and Udi Wertheimer, a recovering Bitcoin maxi, talk about Bitcoin Maximalism, how Bitcoin is developing, and what�s the future of Bitcoin�s security model.
Show highlights:
� What the definition of Bitcoin maximalism is
� whether BTC maximalism is toxic
� whether Vitalik Buterin is still a bitcoiner and how Bitcoiners became the 'token police', according to Udi
� why Lyn thinks Bitcoin has been attacked by the media since the beginning
� the attacks by Bitcoin maximalists on Nic Carter and Andreas Antonopoulos
� how adoption kicked in during previous cycles and why it benefitted BTC
� what the different types of Bitcoiners are
� what developments are being made around Bitcoin
� the importance of Bitcoin being permissionless
� what the use cases for Bitcoin are and whether it�s still a highly speculative asset
� whether people care about using decentralized payment tools
� how Lyn defines �ultra sound money� and why she thinks that Bitcoin is better at that than ETH
� whether Bitcoin�s security model needs to be fixed
� why being able to run a node is essential for censorship resistance
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Time Stamps:
00:00 Intro
03:30 Definition of Bitcoin maximalism
12:16 Toxic Bitcoin maximalism
25:25 Denouncing maximalism
42:34 Types of Bitcoiners
48:24 Use cases
55:43 Lightning
1:09:13 BTC�s narrative
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#bitcoin #ethereum #crypto #cryptocurrencies
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