Premium Only Content
Trace Mayer on Monetary Sovereignty and Proof of Keys
For almost a decade, Bitcoiners from all across the world have celebrated January 3 as Bitcoin’s bonafide birthday. It was on that date in 2009 that Satoshi Nakamoto mined Bitcoin’s genesis block and it was this first successful hash computation that defined the political purpose of Bitcoin with the embedded message: “The Times 03/Jan/2009 Chancellor on Brink of Second Bailout for Banks.”
Simply put, Bitcoin is an instrument that is specifically designed to resist the inflationary urges of monetary politics, and its qualities empower individuals to become sovereign. However, the business sector that developed and blossomed around Bitcoin has not always remained true to the cypherpunk origins that created it; Often times, exchanges and lending services impose withdrawal limits, freeze accounts and find other ways to arbitrarily restrict users’ access to their funds.
In this episode, Bitcoin Magazine's Vlad Costea interviews long-time Bitcoiner Trace Mayer. They discuss how some cryptocurrency businesses tend to restrict the concept of sovereignty that the technology was meant to protect, and Mayer's response to the phenomenon, the Proof of Keys event, held every year on January 3.
Proof of Keys [Jan/3➞₿] Twitter:
Trace Mayer (@TraceMayer) Vlad Costea (@TheVladCostea) Bitcoin Magazine (@BitcoinMagazine) Sponsors:
Celsius Network - Enter "BITCOINMAG" to get $10 off any deposit over $200 Etoro DISCLAIMER: The following content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this presentation constitutes a solicitation, recommendation, endorsement, or offer by BTC Media, The Let’s Talk Bitcoin Network, or any third party service provider to buy or sell any securities or other financial instruments.
-
8:42
Bitcoin Magazine
20 days agoDonald Trump's Plan To Bail Out the Dollar | Bitcoin Backstage w/ Eric Trump
3.21K2 -
5:30:06
SpartakusLIVE
7 hours ago#1 King of Content kicks off YOUR week with Monday MOTIVATION
47.4K3 -
DVR
Akademiks
6 hours agoKendrick Lamar Sweeps Grammys. Drake announces new album on Feb 14. Rocky Trial Might get Dismissed?
50K3 -
BrancoFXDC
4 hours ago $1.00 earnedWarzone Rebirth Rounds
17.1K -
1:44:14
Glenn Greenwald
10 hours agoRubio's Shift: What is Trump's Foreign Policy? Trump/Musk Attack CIA Fronts USAID & NED: With Mike Benz | SYSTEM UPDATE #401
79.4K73 -
1:05:47
Donald Trump Jr.
12 hours agoMexico Sends Troops to Border, Plus USAid Scam Exposed, Live with Brooke Goldstein & Rep Brian Mast | TRIGGERED Ep.213
228K207 -
9:26
Rethinking the Dollar
8 hours agoUnbelievable Government Waste: 5 Outrageous Biden-Era Spending Sprees
52.5K14 -
2:37:43
Flyover Conservatives
1 day agoDR. KIRK ELLIOTT | Deep Dive: Tariffs, Tech, and Total Economic Warfare – Who Wins and Who Loses? | In Studio - FOC Show
53.2K3 -
3:12:37
Danny Polishchuk
9 hours agoTariffs and Trade Wars + Nick Rochefort | Low Value Mail #136
37.7K1 -
2:04:40
I_Came_With_Fire_Podcast
11 hours agoCartels vs The United States, Fentanyls 2 Front WAR, and FTOs
19.2K