Drew Armstrong & Trace Mayer Fireside Chat at Pubkey
Subscribe: Apple Podcasts | Android | RSS
Trace Mayer sits down with Drew Armstrong for a fireside chat at PubKey, tracing his path from playing online games and trading digital currencies in the 90s to writing a 60-page law school paper on the history of money in American law. He discusses how that research led him to Austrian economics, sound money, and eventually Bitcoin at $0.25. The conversation covers the seven network effects of Bitcoin, the innovations Trace helped pioneer at Armory including cold storage and hierarchical deterministic wallets, the growing financialization of Bitcoin through ETFs and options, and why he sees Bitcoin entering a new great gate in history as nation states begin to adopt it as a strategic reserve asset.
Resources
Show Notes
- Intro - 0:00 - 01:56
- Trace’s background with Bitcoin, digital currency, and encryption - 01:57 - 03:24
- RuntoGold blog targets gold bugs and Libertarians - 03:25 - 04:44
- Impromptu talk at Cryspa event and network effects - 04:45 - 13:03
- Changing phase for the Bitcoin industry - 13:04 - 14:56
- Early turning point and understanding of Bitcoin - 14:57 - 19:27
- Lowering the cost of monetary sovereignty - 19:28 - 26:53
- New great gate in history - 26:54 - 30:26
- Ethical responsibility of Bitcoiners - 30:27 - 36:57
- Principles of provident living; the light and dark sides of Bitcoin - 36:58 - 41:29
- The long game - 41:30 - 49:24
- Financialization of Bitcoin - 49:25 - 50:44
- 20-40 year outlook - 50:45 - 1:06:14
- Biggest threats previously and to come - 1:06:15 - 1:14:51
- Cost of the content - 1:14:52 - 1:21:21
- Hash rate - 1:21:22 - 1:35:38
- Team sport of monetary sovereignty - 1:35:39 - 1:36:00