Bitcoin Vs Altcoins 2 with Alex Gladstein & Erik Voorhees

“What I care about isn’t that Bitcoin succeeds, or that Ethereum succeeds, or that any specific project succeeds. What I care about is separating money from state; the entire financial system being built on market principles instead of coercion.”— Erik VoorheesLocation: RemotelyDate: Tuesday 16th NovemberProject: Human Rights Foundation & ShapeShiftRole: Chief Strategy Officer & CEO, FounderThe schism between Bitcoin maximalists, and those who champion altcoins, is a feature of the ecosystem. The arguments are well worn. However, the history of the debate has largely been regarded as toxic. Maximalists tend to believe that, at best, ‘altcoins’ are inferior iterations of Bitcoin that involve a compromise, usually greater centralization in favour of larger transaction capacity. The compounding issue is that the majority of these tokens are scams, efforts to rug pull ignorant retail investors. Either way, altcoins are neither aligned to, nor on a trajectory to align with, Bitcoin.Altcoin advocates point to the rapid innovation happening in the space, where the TradFi is being disrupted in real-time. This is whilst the promise of Bitcoin being a foundational layer for DeFi remains just that, a promise. In this interview, I discuss the ideological differences between Bitcoin and altcoins with Erik Voorhees & Alex Gladstein. We discuss the importance of Bitcoin, monetary policies, the political science of blockchains, and consensus & coercion.This episode’s sponsors:Gemini - Buy Bitcoin instantlyBlockFi - The future of Bitcoin financial servicesSportsbet.io - Online sportsbook & casino that accepts BitcoinCasa - The leading provider of Bitcoin multisig key security.Exodus - The world's leading Desktop, Mobile and Hardware crypto wallets.Ledger - State of the art Bitcoin hardware walletCompass Mining - Bitcoin mining & hosting-----WBD425 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.