Paradoxically, Austrian bitcoiner Gigi has had no exposure to the Austrian School of Economics before he got into Bitcoin. However, his understanding has developed way beyond the conventional views as he’s started to explore Ralph Merkle’s theory about Satoshi’s invention bearing the characteristics of a living organism.
Throughout the talk, we also discuss issues such as state intervention and limited government, the likeliness of hyperbitcoinization, and general political considerations which might affect Bitcoin.
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Starting this season, 25% of all donations will go to the Free Ross campaign, to help Ross Ulbricht get a second chance. The draconian sentence that he received should concern every bitcoiner around the world, as the government which poses as a champion of liberty gives a double life sentence for indirect and non-violent crimes involving Bitcoin.
It’s a slippery slope that should concern us all, regardless of the jurisdiction under which we find ourselves. The case of Ross Ulbricht has set a dangerous precedent all around the world, as lesser democratic countries can simply prosecute bitcoiners under similar charges and with outcomes that are just as harsh. If Ross was to receive clemency or at least a second trial with another judge by taking into account the new evidence, the decision would get noticed by judges and politicians worldwide. Whether we like it or not, the USA is an example for the rest of the world and we can actually try to make a difference in a positive sense.
As usual, 50% of BTC earnings will be sent to the guest. In this situation, Gigi will be rewarded for his time, effort, and knowledge.
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