
Bitcoin vs. Fiat Redefining Currency | Bitcoin People EP 15: James Check
About this episode
James Check contrasts Bitcoin's global adoption against traditional fiat. Explore the real-world utility of Bitcoin in regions where it's more than just an asset.
James Check's Twitter: https://twitter.com/_Checkmatey_
Glassnode: https://glassnode.com/
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Chapters:
0:00 Why on-chain analysis matters
5:40 Human psychology and pattern recognition
10:00 Who uses data
14:30 James's rabbit hole story; TA vs OC
21:00 OC & BTC changing the world bottom up, developing countries first
24:30 Lack of sound money -- inflation/taxes/stealing time -- lack of trust; store of wealth -- lower time preference
37:50 Hyperbitcoinisation vs parallel currency - what wins and why
46:20 How would credit work in a Bitcoin standard world
54:00 James's personal values & connection with values of BTC - credibility, quality, value, integrity
1:01:00 James's current & future life; the reason our politicians are so rubbish; changing the world
1:05:00 Addressing BTC sceptics and energy usage issue
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We talk about the 'Bitcoin Community' but who in fact are these anonymous 200 million wallet owners across the planet? Are we actually a community with common values and ideals? Or are we a disparate group of people all here for our own selfish ends? What hopes and dreams do we each have pinned on it, if any? And how realistic are those dreams?
I set out to learn about the Bitcoin people I've met on Twitter and elsewhere, to put faces to names and learn about how everyday folk are thinking about and using Bitcoin.
Music: Mira by Black Rhomb – premiumbeats.com
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