Bitcoin’s Economic Incentives with Parker Lewis

SHOW NOTES:
www.whatbitcoindid.com/podcas...
“Changes to Bitcoin that are voluntary become…the most logical thing to cause some existential problem that wasn’t foreseen.”
- Parker Lewis
Parker Lewis is a Bitcoin writer and educator and Head of Business Development at Zaprite. In this interview, we discuss scaling self-sovereignty vs sound money, code-changes, covenants, and risks in the regulatory, ETF, mining, and social layers.
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TIMESTAMPS:
00:00:00 Saylor, scaling, dev funding, & incentives
00:12:59 ETF concentration/co-option risk
00:22:57 Developer control, changes, covenants, & consensus
00:38:29 Sound money vs self sovereignty
00:51:51 Entrepreneurs drive change
01:05:26 Regulatory risk; miner centralization
01:21:10 Bitcoin incentive & social layer risks?
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#Bitcoin #Finance #Economics

Пікірлер: 95

  • @kevindega
    @kevindega25 күн бұрын

    One of my favourite guys in the bitcoin space!

  • @hayleylewis1458

    @hayleylewis1458

    25 күн бұрын

    If you are into narcissistic idiots....

  • @DavidHollmer

    @DavidHollmer

    24 күн бұрын

    Most guys in Bitcoin interviews just say the same stuff, this guy: original thoughts only

  • @geoms6263

    @geoms6263

    24 күн бұрын

    Two millionaires try to understand a billionaire

  • @Mildly_Unsuccessful_Individual
    @Mildly_Unsuccessful_Individual24 күн бұрын

    Parker Lewis is brilliant 🤙🏼

  • @aussieman8738

    @aussieman8738

    24 күн бұрын

    Parker is good to listen,

  • @BestPrices-jw1qr
    @BestPrices-jw1qr25 күн бұрын

    I've been doing this for almost a year nw, can't thank u enough man

  • @TheJezcol
    @TheJezcol24 күн бұрын

    he thinks then he talks. Value. Parker isn't the greatest communicator but when he does - I listen.

  • @geoms6263
    @geoms626325 күн бұрын

    The final of the champion league, but I will listen to you 😉

  • @murphycoin4484
    @murphycoin448424 күн бұрын

    Well done Peter from Northern Ireland

  • @Tom180cc
    @Tom180cc25 күн бұрын

    Is there a second best?

  • @geoms6263

    @geoms6263

    25 күн бұрын

    Yes Sir, ETH the decentralized computer

  • @RyanVoelkel

    @RyanVoelkel

    23 күн бұрын

    @@geoms6263😂 good one

  • @John-wf5if

    @John-wf5if

    23 күн бұрын

    @@geoms6263 lolololol "decentralised" lol

  • @BTC_Patriot
    @BTC_Patriot24 күн бұрын

    God bless these gents

  • @DanaJWright
    @DanaJWright24 күн бұрын

    Is Pete's tshirt on inside out? bullish

  • @dylan6091

    @dylan6091

    24 күн бұрын

    😂

  • @Fine_Times
    @Fine_Times23 күн бұрын

    Thanks..

  • @azdjedi
    @azdjedi24 күн бұрын

    87:00 Anybody have link to "... he explained why he was wrong"

  • @timstricker2711
    @timstricker271122 күн бұрын

    Thanks to both of you, great interview. 1:07:15 regarding Trump freeing Ross: I wonder why everyone is so sure that he'll actually go through with it if he does get elected. He doesn't exactly have a great track record of telling the truth.

  • @geoms6263
    @geoms626325 күн бұрын

    In the interview with Sailor, it is actually the first time he talks about risks

  • @GRumpyonekinobi
    @GRumpyonekinobi24 күн бұрын

    Pete, love the show, riddle me this... is your t-shirt inside out?

  • @mikeliterus1628

    @mikeliterus1628

    23 күн бұрын

    yuuup

  • @stanleyrizzo
    @stanleyrizzo24 күн бұрын

    given the number of new listeners expected to come if NGU over the next 12-18 months, how about a WBD Special with Parker breaking down each chapter of his book Gradually Then Suddenly. 1 episode for each chapter.

  • @robreke
    @robreke25 күн бұрын

    Look what you’ve done! Bitcoin did this!!

  • @adiintel1

    @adiintel1

    24 күн бұрын

    kicking down doors?

  • @zacharysullivan4522
    @zacharysullivan452224 күн бұрын

    Yo, what's with the idiots in the comments? It's usually not this bad. I don't know how this channel could get that kind of hate, it's one of the only good ones in this whole space as far as I'm concerned. Keep it up Peter and Danny.

  • @HelenSurina-mv8ot
    @HelenSurina-mv8ot21 күн бұрын

    Similes Illustrations WordPictures Metaphors

  • @wmsc0ttcunn1ngham96
    @wmsc0ttcunn1ngham9622 күн бұрын

    Thank you, for Parker, for pushing back against some hyperbolic and conspiratorial questions. This is the stable and measured type of commentary that is really useful and insightful for the community.

  • @cliftonwayne7673
    @cliftonwayne767322 күн бұрын

    Thank you for having Parker Lewis on the Podcast, a very sensible person. The Social Response? Watching the attempts to "improve" Bitcoin is something to be very wary of. Not all attacks are obvious are they, this means we all need to be cautious until we see if there's any possibilities of a hidden agenda. I just purchased a Rasberry Pi, will be running a node. This is something we all can do to help protect Bitcoin. Keep up the good work, I watch all your Podcasts.

  • @HelenSurina-mv8ot
    @HelenSurina-mv8ot21 күн бұрын

    Bitcoin? Bridge over troubled waters

  • @Just21Million
    @Just21Million25 күн бұрын

    👍🧡👍

  • @CryptoKing-if7pu
    @CryptoKing-if7pu24 күн бұрын

    Why does this guy block comments?

  • @WhatBitcoinDid

    @WhatBitcoinDid

    24 күн бұрын

    Because there are such insane levels of spam if you don't approve comments, the comments section becomes unusuable. We don't censor anything, not even your silly comments.

  • @brad6105
    @brad610524 күн бұрын

    This episode is about "sunk cost bias"

  • @gamerdude10101

    @gamerdude10101

    20 күн бұрын

    What do you mean by that?

  • @Richard-ki4nk
    @Richard-ki4nk23 күн бұрын

    Bitcoin will not be a just and usable monetary system without privacy and private but auditable scalability (ability to purchase a slice of bread)

  • @jacklavalette

    @jacklavalette

    23 күн бұрын

    so... you must be a supporter of BSV?

  • @kellyniquette

    @kellyniquette

    20 күн бұрын

    A solid L1 is what Bitcoin provides. The ability to pay for things with privacy day-in and day-out are what the L2s are for. Similar to Visa/Banks/Swift/FedWire. The evolution is inevitable.

  • @jcantonelli1
    @jcantonelli125 күн бұрын

    Parker Lewis is signal.

  • @0xAlexxeth
    @0xAlexxeth24 күн бұрын

    If there’s no innovation in bitcoin it will drive out all the new developers Eventually all the bugs will be fixed and the code will be perfect This makes the engineers that were working for bitcoin core obsolete. What happens when there are no developers maintaining the bitcoin core and it runs autonomously?

  • @Rocketman-cl5uh
    @Rocketman-cl5uh24 күн бұрын

    Why do you have to approve/block comments dude? Why are you even in bitcoin?

  • @WhatBitcoinDid

    @WhatBitcoinDid

    24 күн бұрын

    Because there are such insane levels of spam if you don't approve comments, the comments section becomes unusuable. We don't censor anything, we just batch process them.

  • @janemichael5740
    @janemichael574025 күн бұрын

    Trump free Russ? Be also said that he loves WikiLeaks and look at what he didn't do with Assange

  • @geoms6263

    @geoms6263

    25 күн бұрын

    free how? He gonna spend some time in jail. Here in Germany we pay cash at brothel

  • @nopemerry7410
    @nopemerry741024 күн бұрын

    You definitely didn’t go toe to toe with Saylor. He had to explain what he meant in round about ways for you to grasp it.

  • @WhatBitcoinDid

    @WhatBitcoinDid

    24 күн бұрын

    I don’t think you understand the role of an interviewer, it’s not to debate, it’s to help an audience understand. You will regular ask me to explain details.

  • @nopemerry7410

    @nopemerry7410

    24 күн бұрын

    @@WhatBitcoinDid It looked like to me you were herding the interview into a direction and Saylor had clearly answered and you kept banging on that door. I could clearly see you were trying pull him into lower form of conversation. He is just to smart and it is a waste of time for him.

  • @nopemerry7410

    @nopemerry7410

    24 күн бұрын

    @@WhatBitcoinDid It’s one thing to criticize someone from a recorded video than to be doing it in real time. I’m not trying to offend you it’s just my opinion. I still watch most of your interviews and you are promoting Bitcoin which is awesome. Keep up the good work 👍

  • @CryptoKing-if7pu

    @CryptoKing-if7pu

    24 күн бұрын

    Exactly. Saylor showed a lot of patience with Tatoo. It was almost like Saylor was speaking to someone new to crypto.

  • @CryptoKing-if7pu

    @CryptoKing-if7pu

    24 күн бұрын

    @@WhatBitcoinDid But your attempt to do that was failure.

  • @richterofficial2089
    @richterofficial208921 күн бұрын

    Its simple michael saylor spends thousands of hours studying cryto. If he understands that there is another great asset than bitcoin he would certainly invest in it. But theres none.

  • @CryptoKing-if7pu
    @CryptoKing-if7pu24 күн бұрын

    Tatoo disagrees with Saylor's metaphors? Please dude, most of the time your questions were hard to listen to. Most of the times you interrupted Saylor your points were way off the mark. Saylor demonstrated a lot of patience with you.

  • @WhatBitcoinDid

    @WhatBitcoinDid

    24 күн бұрын

    I've reviewed the comments on the Saylor interview and your view is in the significant minority, so I am comfortable with how I handled it. I look forward to your Saylor interview to see how you do.

  • @user-fx5dy7oq7x

    @user-fx5dy7oq7x

    24 күн бұрын

    ​@@WhatBitcoinDid When are you going to admit that a block size increase is necessary for Bitcoin to work as a medium of exchange? I think you almost got it in your interview with Bob Burnett.

  • @Cronus6

    @Cronus6

    24 күн бұрын

    ​@@user-fx5dy7oq7xnope. You're wrong.

  • @CryptoKing-if7pu
    @CryptoKing-if7pu24 күн бұрын

    You didn't go "toe to toe" with Saylor bro, you're delusional.

  • @markjaramilloGTA
    @markjaramilloGTA25 күн бұрын

    Trump in the background reaks

  • @YungKingz__

    @YungKingz__

    24 күн бұрын

    That because you got tds!

  • @rufuspipemos
    @rufuspipemos21 күн бұрын

    Don't really need to see the Orange Man in the background. Decided not to watch this episode because of it. Trump seems more open to BTC than Biden, but he is the farthest thing from economic freedom. Remember that Trump once proposed a 20% wealth tax.

  • @user-fx5dy7oq7x
    @user-fx5dy7oq7x25 күн бұрын

    So how much longer is Bitcoin Core going to maintain the 1mb limit + segwit from 2017? Is this limit always going to be the same? If a small block size is desirable, then why not cut the current size in half? Bitcoin has been hijacked. Increase the block size already and make it P2P cash for the world.

  • @nopemerry7410

    @nopemerry7410

    24 күн бұрын

    Read block size wars dumbass

  • @ScottSheppardTheWombat

    @ScottSheppardTheWombat

    24 күн бұрын

    Really? Do you genuinely not know why this is not the consensus?

  • @THOMPSON8787

    @THOMPSON8787

    24 күн бұрын

    This is a common misconception about Bitcoin that has been debunked many times over. We have lightning and liquid for the small, frequent transactions. If big blocks was really the answer, everyone would have gone to Bitcoin Cash. The market is never wrong. Everyone is talking about high fees and I just sent a transaction for $1.24 on the main chain.

  • @brad6105

    @brad6105

    24 күн бұрын

    Cutting the block size in half is also a change. Watch the Saylor interview.

  • @twitafftwitaff7029

    @twitafftwitaff7029

    24 күн бұрын

    🤣 Go back to your shit fork.

  • @CryptoKing-if7pu
    @CryptoKing-if7pu24 күн бұрын

    Tatoo is way over-rated. He shouldn't be hosting anything.

  • @WhatBitcoinDid

    @WhatBitcoinDid

    24 күн бұрын

    You can't even spell tattoo.

  • @Cronus6

    @Cronus6

    24 күн бұрын

    Looking forward to your superior Bitcoin channel

  • @recongraves

    @recongraves

    4 күн бұрын

    ​@@WhatBitcoinDid😂😂 rip that guys comment. Florida loves you here thx for your work and your team kills it. Y'all are all great.🎉