pull down to refresh
3 sats \ 3 replies \ @nout 10 Aug 2021
Great talk, but Gigi - your explanation of Bitcoin was tough :D
reply
0 sats \ 2 replies \ @dergigi OP 14 Aug 2021
Happy to improve if you have any suggestions. I was trying to explain it with Peterson's audience in mind.
reply
1 sat \ 1 reply \ @nout 15 Aug 2021
You did great overall and I wouldn't do any better.
Why I think it was tough, is because you essentially managed to explain physical scarcity, digital scarcity (can't copy), open source (can copy everything in bitcoin), public ledger (nothing is encrypted in bitcoin), encryption (signatures), speech, forging gold, double-spend problem, probabilistic systems, blockchain verification, decentralization, game theory, asymmetric/private-key cryptography (+heat death of the universe),
... in a single sentence.
And that may have been tough for the listeners (Jordan was like "well, can you get extremely simple and describe what bitcoin is?"). I would have to guess, but I would say that his audience may not have enough of CS background to grok this much this fast. After Jordan asked, you explained it much more simply, so that was great. Sometimes less is more. ;)
reply
0 sats \ 0 replies \ @dergigi OP 16 Aug 2021
Ha! Fair. I'm not great at dumbing down things I guess, since I want to remain accurate - which is tough. In any case, thanks for the feedback! <3
reply
2 sats \ 0 replies \ @eduardopro 12 Aug 2021
I was genuinely impressed by how fast Peterson caught on and how well he synthesized ideas. Like:
“Whatever energy is expended in the production of Bitcoin and the maintenance of the system should be more than recouped by the increased efficiency of every system that uses Bitcoin as a transactional device”
Come on. I'm going to steal that.
reply
2 sats \ 0 replies \ @k00b 11 Aug 2021
Watched half of this so far. Really cool how quick Peterson catches on - a testament to his continued relevance. In a Canadian accent:
@dergigi is killing it. This uniquely grabbed me:
I hadn't really thought about it that way before. Bitcoin counts on the right things eventually happening given the incentives. And your bitcoins are protected by it being unlikely anyone can guess your keys. I guess everything is kind of probabilistic but in decentralized, trustless systems this seems particularly true.
Breedlove also continues to be exceptionally thoughtful despite all the community battles. In my study of Girard and Bitcoin, I've come to similar conclusions about how fiat exacerbates scarcity and conflict and I've long held it's the reason we are experiencing so many cultural issues, e.g. cancel culture. I sat across from him at the Thank God for Bitcoin release dinner and expressed this very thought to @lylepratt.
I'm unfamiliar with the others in the group but definitely plan to check out Hard Money which I wasn't aware of.
reply
2 sats \ 0 replies \ @ThrillerX_ 10 Aug 2021
Breedlove was spitting 🔥🔥 Vallis was on point per usual!! RJ always bringing a thoughtful approach to a conversation☺️ Even Gigi was on some higher level plane stuff loved every min of this🥰
reply
2 sats \ 0 replies \ @k00b 10 Aug 2021
Really looking forward to this one! An orange-pilling by you masters of one of the most popular modern intellectuals.
reply
1 sat \ 0 replies \ @gmd 11 Aug 2021
awesome! looks like we have a connection for an epic Jordan Peterson stacker.news inaugural AMA 😂
reply