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Bitcoin Takeover Podcast

S15 E33: David Bailey on Bitcoin Maximalism & Ordinals

104 min • 28 april 2024
David Bailey is the owner of Bitcoin Magazine. Ideologically, he is a Bitcoin maximalist who wants everything to happen on Bitcoin and get traded for BTC. During this episode, we also mint a special ordinal... which you can buy for 3.125 BTC! Time stamps: Bitcoin Maximalism (00:04:03) Inscribing Ordinal 70326676 on Bitcoin (00:11:57) Criticism and Autonomy in Transactions (00:22:06) RGB Protocol and Color Coins (00:25:42) Bitcoin maximalism and control (00:26:02) OP_CAT and use cases (00:28:12) CTV vs. OP_CAT (00:29:35) Bitcoin fees and self-sovereignty (00:35:32) Scaling and vision alignment (00:42:39) Favorite L2 proposals and Lightning Network (00:47:55) Bitcoin Development and Layer Twos (00:51:41) BitVM and Rootstock (00:52:35) BitVM's Impact and Developer Interest (00:54:21) Layer Two Labs and Bitcoin Unity (00:57:25) Controversy and Character Assassination (01:00:38) Tether and Bitfinex (01:07:36) Liquid and Sidechain Adoption (01:12:36) Permissionless Transactions and Trust Minimization (01:15:20) Maximalist Support for Software They Didn’t Test (01:16:48)
 The Cult of Satoshi (01:21:29)
 Use Cases for Bitcoin (01:22:49)
 The Evolution of Bitcoin Conferences (01:23:57)
 Building a Global Bitcoin Community (01:25:13)
 Importance of Diverse Ideas (01:26:23)
 Hyperbitcoinization Mission (01:27:41)
 Political Dimensions of Conferences (01:28:19)
 Navigating Speaker Boycotts (01:29:24)
 Community Engagement and Perspectives (01:30:10) Maintaining Values in Bitcoin (01:31:12)
 Nature of Bitcoin's Value (01:36:20) Block Size Debate (01:38:22)
 Future of Bitcoin Scaling (01:39:58)
 Understanding Perspectives (01:41:20)
 Shared Cancel Culture Experience (01:42:12) Advocating for Ross Ulbricht (01:43:08)
 Closing Remarks (01:44:06)
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