Eric Wall and Udi Wertheimer on Why Bitcoin Maximalism Is 'Like a Shitcoin Community' - Ep. 412

Published: Oct. 25, 2022, 7:30 a.m.

Eric Wall, crypto blogger and investor, and Udi Wertheimer, a recovering Bitcoin maxi, discuss everything about Bitcoin Maximalism, whether BTC can survive, and whether Ethereum constitutes a threat for Bitcoin.\xa0\n\xa0\nShow highlights:\n\nhow Eric and Udi got involved with Bitcoin\n\nwhat Bitcoin was like in the first days\n\nhow Bitcoin maxis appear to have a script to engage in discussions\n\nthe philosophy behind Bitcoin maximalism\n\nwhy Eric believes Bitcoin maximalism is like a \u201cweird cult\u201d\n\nhow Eric thinks that the BTC community has an unspoken rule forbidding criticisms\n\nwhether Bitcoin has lost intellectual power\n\nwhy people have recently been turning away from Bitcoin maximalism\n\nwhy the poor Bitcoin culture doesn't mean it's the end for Bitcoin, according to Eric\n\nthe perception of the Lightning network and how people are not interested in faster blockchains\n\nwhether Bitcoin should increase the use cases of the blockchain, like DeFi, NFTs, and stablecoins\n\nEl Salvador's adoption of BTC and whether it had an impact\n\nwhat happens to internet subcultures and how the behavior of Bitcoiners could be predicted\n\nwhether Ethereum is a threat to Bitcoin\n\nThank you to our sponsors!\nCrypto.com\nChainalysis\nweb3 with a16z\n\xa0\n\xa0\nUdi:\nTwitter\nEric:\n\nTwitter\n\nMedium\n\n\xa0\nEpisode Links\n\xa0\nPrevious Coverage of Unchained:\n\nIs Bitcoin Doomed to Fail? Eric Wall and Justin Bons Face Off\n\n\nArthur Hayes, Former Ethereum Skeptic, on Why the Merge Makes Him Bullish on ETH\xa0\n\nWith the Merge, Will Ethereum Take Over Bitcoin\u2019s Title as Digital Gold?\n\n\xa0\nBitcoin Culture and Security\n\n\nThe Rise and Fall of Bitcoin Culture by Paul J. Dylan-Ennis\n\n\nGeeks, MOPs, and sociopaths in subculture evolution by David Chapman\n\n\nSurprisingly, Tail Emission Is Not Inflationary by Peter Todd\n\n\nJustin Bond\u2019s thread on BTC security model\n\nA (brief and incomplete) history of censorship in /r/Bitcoin\n\n\xa0\nUltra sound money\n\xa0\nEl Salvador:\n\nPrevious Coverage of Unchained: Bitcoin in El Salvador: Why Would Cypherpunks Support Government-Mandated Bitcoin Adoption?\n\n\n\nEl Salvador\u2019s Bitcoin Paradise Is a Mirage by Nelson Rauda\n\n\xa0\n\xa0\nLearn more about your ad choices. Visit megaphone.fm/adchoices