So back in mid-May I decided to give an interview in the Tim Swanson tiger crane style. It was posted today. Key quotes below:
“From a political perspective, I’m aware that a lot of Bitcoiners are of the view that Bitcoin will democratise finance. That may be, but I think that a lot of Bitcoiners are also of the view that more people using Bitcoin will drive up its price.
“Smart contracts are quite agnostic in a sense that you don’t have to pin yourself to any one protocol to get the utility and then capitalise that utility at a later date… in a sense they’re very fair, because you can set up this architecture and people will be charged very little to use it. They can transfer value by writing new contracts on top of it really in any way they wish.
“So it’s a platform that doesn’t necessarily benefit early adopters in the form of a rent, which Bitcoin admittedly does, but offers much of the same utility, and in fact offers considerably more utility than Bitcoin. I’m surprised a lot of people don’t see that.”
And something a little less crass:
“It’s not the future of money. This is the future of everything. This is a decentralised industrial revolution.”
Interview starts at 21:40.