
According to Peter McCormack, Bitcoin is the MOST IMPORTANT technology
Zara
Description
<p>Few individuals have had a greater impact on the public Bitcoin sector than Peter McCormack, a veteran of the crypto markets and host of the popular 'What Bitcoin Did' podcast. As is the case with the majority of early cryptocurrency users, the allure of Bitcoin began when McCormack learned the commodity could be used to swap goods and services on the dark web, and there has been no going back since.</p> <p>However, McCormack, who worked in fields such as advertising and sports marketing before to falling down the Bitcoin rabbit hole, did not have it all laid out for him.</p> <p>McCormack reminisced in a podcast today with Alex Fazel of crypto edutainment channel Cryptonites about the numerous moments in his life that shaped him into the person he is today—such as going from near-bankrupt to meeting the President of Bitcoin-friendly El Salvador while wearing a Metallica T-shirt.</p> <p>Additionally, there are equal amounts of humour and technical discussion on Bitcoin, as well as predictions about where McCormack sees the broader ecosystem heading in the coming years.</p> <p>This is an episode you do not want to miss, but in the meanwhile, here are some memorable quotes from the two-part show!</p> <p>On what makes Bitcoin so stunning</p> <p>“It's very easy; it's essentially a ledger that keeps track of who owns what; it's essentially order. That is the beauty of it; just like everything else, it has a plethora of rules governing who can perform the banking. You may use it only once. A single day. Alternatively, if you send a payment, you will get it at this time.”</p> <p>“It's as if there are a million different regulations. No, you cannot do this; we live in a society where the government constantly creates new f*****g laws; they get bigger and bigger, and there are more rules. And then there's this thing that they're powerless to do anything about; for example, if I want to send you some Bitcoin, you get it.”</p> <p>“And if I want to send it to someone in Iran, I can do it as well. And if I want to g
Uploader
Episodes
According to Peter McCormack, Bitcoin is the MOST IMPORTANT technology
Zara