The Story: Why Bitcoin Is Still King?
Juan Galt is a cryptocurrency journalist and consultant, who guides Bitcoin newbies to correct security practices. He’s given a few presentations at Anarchapulco, and he formerly covered crypto for The Dollar Vigilante’s newsletter. Juan lived in Colombia, then Canada, then Acapulco, and now he’s travelling the world. I managed to get a hold of him over Skype, finding him in beautiful Prague.
A few weeks ago, Juan tweeted: “Bitcoin Maximalism is a reactive, defensive, pragmatic mindset to handle the hoards of shitcoins and token scams that will continue to form on the horizon, faces painted, ready to dive into us like Agent smith.”
“Bitcoin maximalism” normally means when a crypto enthusiast supports Bitcoin to the exclusion of all other coins. When I got Juan for an interview, I realised his position is more nuanced. He makes the case that, with so many questionable or outright fraudulent projects in the crypto space, supporting Bitcoin raises the standard. By giving less attention to awful projects, he expects that we’ll find a higher quality of coin in the future.
Join us on another coin-bending journey on this episode of … The Paradise Paradox!
The Eps:
Ethereum and the future with Juan Galt – Episode 50
The Panopticon and your privacy with Juan Galt – Episode 52
Seeking Freedom in Acapulco with Juan Galt – Episode 86
The Links:
The Cash:
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The Episode:
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