Episode 7 - Trial in Absentia
@hellmoneypod did a whole 90-min episode about Drivechain / ecash . Since they are basically the #1 Bitcoin podcast, I thought it would be great to go through what they get right and wrong.
Topics:
5:00 - The Hard Problem of Sidechains
7:44 - Why the name "Drivechain"?
8:55 - Casey's Idea of How Withdrawals Work
16:20 - Features... AND fees!
18:15 - Keeping L1 as Bitcoin Core
19:00 - Launch Day Drivechains
20:00 - More Compliments
21:25 - Every drivechain critic.
22:00 - Fragmentation ...compared to what?
23:40 - Who's *required* to pay? (...no one!)
28:00 - Mandatory Extension Blocks / Blocksize War
30:19 - Virtue Signaling vs Action
31:35 - 12 years / the Soft Fork Death Cult / the Death of BTC
33:07 - More Compliments
34:00 - Opposite of 110
35:10 - "a very different world..."
35:51 - Token-Minters
38:00 - Outro
My basic shitcoin thesis for eCash…
Bitcoin Blake is retarded and trading at $500-1000.
And eCash is even more retarded than Bitcoin Blake.
solana:6ombVv3YMs9qpx1QkycD9XW8HKSfv7vGrCFX3cxCYMVY
BILLIONAIRE JACK DORSEY SAYS: "IF #BITCOIN ENDS UP JUST BEING DIGITAL GOLD, IT IS A FAILED PROJECT"
"IF IT BECOMES A CURRENCY PEOPLE USE ON A DAILY BASIS, IT WILL SUCCEED"
"YOU HAVE TO GO BACK TO THE WHITE PAPER. IT SAYS P2P ELECTRONIC CASH"
"THAT'S WHY I'M IN IT."
"I'M NOT HERE FOR NUMBER GO UP"
"I WANT EVERYONE IN THE WORLD NOT TO HAVE TO ASK PERMISSION TO MOVE THEIR MONEY" 🔥
JACK DORSEY: Bitcoin must be used for payments or "fails by being irrelevant"💥
It becomes irrelevant if it's only a store of value and not used for everyday payments.