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You’ve heard the stories about people who go “all in” on Bitcoin. These are the “pink unicorns” of investing. Does it make sense to put all your eggs in one crypto basket? Well, we talk to one guy who’s done that, and try to explain why that might be a bad idea.
In this episode, in addition to commenting about the current state of the bitcoin bump and how that affects our online communities, we take advantage of the recent pump of bitcoin to talk about a common talking point: “Number go up” – is it the most important metric in all of crypto? It might be, but does it mean that we’re wrong in our criticisms? Not at all and we’ll explain why.
In this special extended episode of IO-Radio, Adam and Sal, in an effort to establish peace and solidarity with a strange new alien race, unknowingly travel to the planet… CRYPTO BRO… Originally thought to be residents of planet Earth, the real world, they discover they are not in the same place.
Follow us on this strange journey, where the “specific” is strangely “abstract.”
Where “permanence” and “reliability” manifest into “utility” and “value” despite not actually being qualified.
We attempt to find some kind of common ground with a bona fide crypto enthusiast who proves to be as evasive and slithery as the fearsom Dianoga, changing the subject with incredible speed, moving laterally as soon as they sense they’re near a corner, hiding behind huge abstractions that nobody completely understands.
In order to make sense of this strange alien encounter we had to fabricate a special new technology, the “Vague Abstraction Meter” which tracked our guest’s nimble verbal moves in real time so we could attempt to gain some common ground. Watch the video and our new (potentially disruptive technology), the “Vague Abstraction Meter.”
Warning: Listening to his podcast may possibly be in violation of OSHA standards of intellectual stability. We apologize.
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In this episode, we interview one of the cryptocurrency industry’s earliest and most staunch critic, Berkely Computer Science Professor Doctor Nicholas Weaver, who has authored various articles and presentations on how and why Bitcoin and crypto are unsuitable for any of the applications they claim, if not downright, in his own words, “criminally negligent” technology.
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Listen to the audio-only podcast below: