BITCOIN with David Medley | Hn 62
Adam invites David Medley of the Proof of Pod YouTube show to talk about all things crypto.
00:00 – Intro. Meet David Medley (don't let him sell you any NFTs!), software programmer, poker player, and cryptocurrency enthusiast!
04:53 -- Introducing Medley's Test of Bitcoin Maximalism! Also, what coins does David think will be valuable in the future?
13:02 – What does David think about Ethereum and "smart contracts" on a blockchain? Can it be used to play poker? What about other gambling applications?
19:52 – What does David think about Monero?
21:20 -- And finally, what does David think about Bitcoin? Is it money? What is money? How does it compare to gold? Does it satisfy ALL the requirements of money? What is the Lightning network?
42:46 -- Does Bitcoin use "too much" energy? Is there a danger that the mining will get too concentrated? What is proof of work? What is proof of stake?
55:33 -- Is quantum computing a threat to cryptocurrency? What about the dangers of sunspots or the earth's poles flipping? What happens of digital things just... stop working? Also, how would David Medley make cryptocurrency better?
63:20 -- We have governments blocking our path to a free money. How do we get around them? Can we defeat them? Do we simply ignore them? What's the path to a crypto future? What's the path to freedom?
76:31 -- Outro.
David's YouTube: https://www.youtube.com/@ProofofPod
David's Linktree: https://linktr.ee/proofofpod
Join us at: https://hamannature.substack.com/
Adam's other show: https://naturalorderpodcast.com/
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