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| Name | The Case for "Bitcoin Maximalism" (w/Brad Mills and Ash Bennington) |
| Video Uploader | Video From Real Vision |
| Upload Date | This Video Uploaded At 26-05-2021 22:45:42 |
| Video Discription | Brad Mills, host of Magic Internet Money Podcast and partner at Xsquared Ventures, joins Ash Bennington, Real Vision senior editor, to discuss everything Bitcoin—from the Block Size Debate in 2017 to the philosophical vs investment reasons for owning Bitcoin and misinformation around the Bitcoin narrative, this interview covers it all. Mills explains that while Bitcoin Maximalists have been around as early as 2014 during the first alt season, the community was more harmonious as there was an understanding that Bitcoin was going to be the winner and what everyone was striving for. Altcoins were instead seen as experiments that one could mine, sell, or trade for more bitcoins. Come 2017, there had been a shift in mentality where many VCs were simply trying to redo Bitcoin. Mills goes on to explain that the ICO boom triggered a reaction, causing "Toxic Bitcoin Maximalism," a response to those falsely aligning with Bitcoin while trying to shill their subscriptions and exchanges or capture volume on their stable coins or altcoins. Filmed on April 1, 2021. Key Learnings: Fundamentally, the view of original Bitcoiners is that they do not want Bitcoin to be taken over or influenced by corporations in a way that is not in consensus with the node runners and developers of the network. In the eyes of these Bitcoiners, if corporations set the rules of Bitcoin because they have all the money, what precedent is set for governments? Further, the core tenant of Bitcoiners is that decentralization is most important and must be retained above everything else—even price and adoption. Mills goes on to state that the most important thing Satoshi did when inventing Bitcoin is that you could have consensus achieved on a ledger in a way that no government could shut down. Censorship resistance is the most important thing to any blockchain, and if there is no resistance, it should not be a considered a blockchain. Thanks for watching The Interview, the premier business and finance interview series in the world. Subscribe to the Real Vision Crypto channel for more crypto-related content: http://rvtv.io/SubscribeRVCrypto Subscribe to our channel now for more videos like this one: https://rvtv.io/subscribe Do you want even more content like this? And to see this video before we release it here? Become a member of Real Vision -- get started for 7 days for only $1: https://rvtv.io/membership About Real Vision™: Real Vision™ is where you can gain an understanding of the complex world of finance, business and the global economy with real in-depth analysis from real experts. Connect with Real Vision™ Online: Twitter: https://rvtv.io/twitter Instagram: https://rvtv.io/instagram Facebook: https://rvtv.io/facebook Linkedin: https://rvtv.io/linkedin The Case for "Bitcoin Maximalism" (w/Brad Mills and Ash Bennington) https://www.youtube.com/channel/RealVisionFinance For the transcript visit: https://rvtv.io/TheInterview Disclaimer: This is pretty obvious, but we should probably say it anyway so that there is absolutely no confusion…The material in REAL VISION GROUP video programs and publications {collectively referred to as “RV RELEASES”} is provided for informational purposes only and is NOT investment advice. The information in RV RELEASES has been obtained from sources believed to be reliable, but Real Vision and its contributors, distributors and/or publisher, licensors, and their respective employees, contractors , agents, suppliers and vendors { collectively, “Affiliated Parties”} make no representation or warranty as to the accuracy, timeliness or completeness of the content in RV RELEASES. Any data included in RV RELEASES are illustrative only and not for investment purposes. Any opinion or recommendation expressed in RV RELEASES is subject to change without notice. RV Releases do not recommend, explicitly nor implicitly, nor suggest or recommend any investment strategy. Real Vision Group and its Affiliated Parties disclaim all liability for any loss that may arise (whether direct indirect, consequential, incidental, punitive or otherwise) from any use of the information in RV RELEASES. Real Vision Group and its Affiliated Parties do not have regard to any individual’s, group of individuals’ or entity’s specific investment objectives, financial situation or circumstance. RV RELEASES do not express any opinion on the future value of any security, currency or other investment instrument. You should seek expert financial and other advice regarding the appropriateness of the material discussed or recommended in RV RELEASES and should note that investment values may fall, you may receive less back than originally invested and past performances is not necessarily reflective of future performances. Well that was pretty intense! We hope you got all of that – now stop reading the small print and go and enjoy Real Vision. |
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| Tags | Finance | Markets | Economy | Stock Market | Investing | Trading | Education | Financial Literacy | Recession | Interview | Conversation | Strategy | Insight | Analysis | Facts | Data | Fraud | Entertainment | Thesis | Short Seller | Real Vision | Equities | brad mills | ash bennington | bitcoin | Maximalism |
