An Early Skeptic's Telling Of "Why be skeptical?" (Feat. David Gerard) - Episode 67

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  • เผยแพร่เมื่อ 28 มิ.ย. 2024
  • Cas Piancey and Bennett Tomlin are joined by notorious cryptocurrency critic David Gerard to talk about how he ended up in cryptocurrency, why he has stuck around, and whether or not he thinks there are redeemable features of the industry.
    Read more: cryptocriticscorner.com/2022/...
    Other episodes mentioned in this episode:
    Episode 1 - Tether: A Stable Discussion • Tether: A Stable Discu...
    Episode 61 - Trying to Think Like the SEC (Feat. John Reed Stark) • Trying to Think Like t...
    Episode 38 - The World is a Ponzi Scheme, You Just Live in It • The World is a Ponzi S...
    Episode 21 - Bitcoin • Bitcoin (Audio Only) -...
    Episode 32 - Tracking Tether and Working on Ethereum Layer 2 (with Daniel Goldman) • Tracking Tether and Wo...
    Episode 57 - Ukraine and Russia and What it Means for Cryptocurrency • Ukraine and Russia and...
    Episode 45 - Bitcoin’s Black Swans (Featuring Doomberg) • Bitcoin's Black Swans ...
    Episode 63 - We Need to Talk about El Salvador (Feat. Mario Gómez and Oscar Salguero) • We Need to Talk About ...
    Episode 7 - QuadrigaCX: the Canadian cryptocurrency exchange that just won’t die • QuadrigaCX the Canadi...
    Episode 66 - The Career Criminal Conspiracies of Cas Piancey • The Career Criminal Co...
    Find David:
    Attack of the 50 Foot Blockchain: www.amazon.com/Attack-50-Foot...
    Libra Shrugged: www.amazon.com/dp/B08M8DGKY4/...
    David's Blog: davidgerard.co.uk/blockchain/
    David's Patreon: / overview
    Other places to find Crypto Critics' Corner
    Website: cryptocriticscorner.com/
    Twitter: / cryptocriticpod
    Instagram: / cryptocriticpod
    TikTok: vm.tiktok.com/TTPdPN2hK9/
    Discord: / discord
    Timestamps:
    00:00 Introducing David Gerard
    1:40 When David discovered cryptocurrency
    6:20 What keeps you around
    13:55 How has the space changed
    14:50 Libra/Diem/ZuckBucks and Regulation
    20:00 Winners and losers
    22:00 How have you not been driven mad?
    24:00 Will Bitcoin fail?
    28:50 Do cryptocurrency enthusiasts believe what they say
    36:30 Ponzi schemes
    This video was produced and edited by Asher Hirsch.
    #bitcoin #cryptocurrency #crypto

ความคิดเห็น • 23

  • @Megaritz
    @Megaritz 2 ปีที่แล้ว +10

    I've known of David Gerard since 2015 or so, and he was way ahead of the curve on what was wrong with cryptocurrency. I was aware he was writing the book, but I had no opinion on cryptocurrency at the time. Clearly he was on the right track. I'm glad his book has been well-received.

  • @Ben-kz2km
    @Ben-kz2km 10 หลายเดือนก่อน +2

    One of your best episodes. Hearing David speak is always enlightening. He makes it really easy to understand how stupid all of this is.
    33:00 "they perceive that governance should be done through cryptocurrency". This is such a prominent idea in the space and I fucking hate it. Democracy means every person gets one vote. In crypto, you can chose between proof-of-stake - voting power based on how much money you own - and proof-of-work - voting power based on paying the most money for mining equipment. Both are just plutocratic systems that we as a society should reject forcefully and decisively. This is fine in private companies, but not on a societal level.
    Every democratically elected government should defend itself against these attempts to steal its power.

  • @r.bullock7392
    @r.bullock7392 2 ปีที่แล้ว +16

    Wow I'm surprised you guys don't have more views. I've really been enjoying this podcast and the conversations.

  • @benjaminaristotleboes3157
    @benjaminaristotleboes3157 9 หลายเดือนก่อน

    This video should have a million views.....

  • @francescoghizzo
    @francescoghizzo 2 ปีที่แล้ว +1

    I appreciated the mention to the amazing prof. Stolfi! That guy is a treasure

  • @ratcitywoodwork
    @ratcitywoodwork 2 ปีที่แล้ว +2

    This is dope i didn’t know you guys were on youtube

  • @donragnar8430
    @donragnar8430 2 ปีที่แล้ว +4

    refreshing perspective for the crypto space. hopefully a heinous bear market will see a return to the fundamentals of the movement

  • @smc4229
    @smc4229 2 ปีที่แล้ว +3

    Just bought all the books mentioned while listening. Add it to the pile

  • @WoolfJ35
    @WoolfJ35 2 ปีที่แล้ว +3

    I love this guy lol

  • @benjaminaristotleboes3157
    @benjaminaristotleboes3157 9 หลายเดือนก่อน

    19:40 "It can't be that stupid, you must be explaining it wrong..." 🤣🤣🤣💀

  • @paypalmymoneydfs
    @paypalmymoneydfs 2 ปีที่แล้ว +2

    Loved this one!

  • @yudelmartinez29
    @yudelmartinez29 2 ปีที่แล้ว +2

    This guy is hilarius

  • @riffingt0n
    @riffingt0n ปีที่แล้ว

    Totally love your podcast and I've watched a lot of them. Is there any way for you to bring Bennett's volume up? Every time I watch you two I do a little dance between making Bennett audible without Cas burying me :). The content is well worth it, but it seems to be a common issue with the show for me.

  • @georgimandzhukov5647
    @georgimandzhukov5647 2 ปีที่แล้ว +2

    For the TH-cam algorithm.

  • @joeschmoe3665
    @joeschmoe3665 9 หลายเดือนก่อน

    Couldn't have said it better in terms of ultra bitcoiners and crypto libertarians they don't understand freedom other than freedom of my money

  • @felicianoagas8619
    @felicianoagas8619 7 หลายเดือนก่อน

    Is it really that hard to differentiate between cryptocurrency and the people who use it to scam people. Maddox used dollars. It's good to be skeptical but please be fair.

  • @felicianoagas8619
    @felicianoagas8619 7 หลายเดือนก่อน

    Are you guys high? Probably think the internet is a fad too.

  • @FrankFloresRGVZGM
    @FrankFloresRGVZGM 2 ปีที่แล้ว +5

    Is it possible for Cas to go back to hiding his face again?

  • @uhurunuru6609
    @uhurunuru6609 2 ปีที่แล้ว +1

    Anarcho-Capitalism is an oxymoron, Anarchism, is democracy without elected representatives, which is only possible by removing all hierarchic systems of control e.g. Money Tokens.
    A resource based Anarchist society is one where the limit on what can be achieved is only the amount of total resources (materials+energy) available, to the society.
    The goal of such a system, is equal division of "product" based on need, not ability to contribute, indeed in such a system "A Robot took my Job" is a boon, because your needs are still met.
    Ultimate goal of the system, is core needs met by automation, freeing people to choose if, and how to contribute more to the resource pool. Anarchism is the exact opposite of capitalism.

    • @Megaritz
      @Megaritz 2 ปีที่แล้ว +1

      This doesn't show that anarcho-capitalism is an oxymoron. Anarcho-capitalists would obviously deny that money's existence guarantees a hierarchic system of control, so your argument is question-begging. There are a lot of devastating criticisms of anarcho-capitalism, but these require substantive argument, not an attempt at an a priori gotcha argument.