Alex Gladstein: Bitcoin, Authoritarianism, and Human Rights | Lex Fridman Podcast #231
Video Statistics and Information
Channel: Lex Fridman
Views: 306,864
Rating: undefined out of 5
Keywords: agi, ai, ai podcast, alex gladstein, artificial intelligence, artificial intelligence podcast, bitcoin, censorship, china, cryptocurrency, dogecoin, lex ai, lex fridman, lex jre, lex mit, lex podcast, mit ai, olympics, russia, social media
Id: kSbMU5CbFM0
Channel Id: undefined
Length: 153min 37sec (9217 seconds)
Published: Sat Oct 16 2021
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I listened to this. I don't think building economies on top of Bitcoin would be liberating. As of now, it's the wealthy and privileged that are massing Bitcoin. If poor economies switch over to Bitcoin, there would be a period of Bitcoin robber barrons that will exploit the situation. I can see this almost happening in South America and Puerto Rico.
I wish they would of talked about what is happening in El Salvador. El Salvador's implementation of Bitcoin is one of a centralized second layer network that takes the US dollar that is sent to the country via the app, gives the dollar to the government but gives the user a Bitcoin IOU they can spend or hope they can turn into cash. Not good.
When people can pay a government taxes in Bitcoin, that will be revolutionary. Until then, people won't work for Bitcoins, they'll work for dollars and converting Bitcoins to fiat is an extra step that gets in the way of productivity. Bitcoin doesn't have the guns.
I like Monero. I run a full Monero node. This gentleman talks about privacy rights and Monero respects that more than Bitcoin. Monero is also more democratic being ASIC resistant. I think a system needs to be a little bit inflationary for economics. Monero is fungible. Bitcoin is not. I'm not trying to hype Monero, but I think there are better ways than Bitcoin that create a productive and rights respecting crypto currency.
Iโve really been enjoying this podcast and Lexโs inquisitive, open minded style of conversation. I must say though, it was pretty off putting to hear him use Alex Jones as an example of issues with deplatforming. While I agree that cancel culture can be too swift and reactive, a man who promoted the idea that the Sandy Hook Elementary shooting was fake, a hoax is the perfect example of who should be canceled, deplatformed in my opinion.
Maybe I wouldnโt have fully understood this until I became a parent but what he did was truly despicable and itโs no wonder that social media companies and others would not want to associate with him or amplify his voice.
As always, I really appreciate Lex's humility and adherence to 'the idiot' persona but it's podcasts like this one that have me pulling my hair out!
Alex (BA in International Relations and Middle Eastern Studies) interrupted, talked over and 'corrected' Lex more times than I could count, a few of those 'corrections' came while Lex (an AI researcher at MIT) was speaking about AI.
I don't know what's more mind boggling, that someone could be so narcissistic or that another could be so Meek. Love you Lex.
I've read about this 'petrodollar', the importance of pricing oil in USD and the supposed fact that the Iraq war was really due to the threat Saddam posed to the petrodollar. But is there any legitimacy to it?
Seems like pricing oil in dollars makes little difference in a free market economy such as the world oil market. Countries can immediately trade the dollars back into euros if desired. OPEC still controls the price of the oil itself.
Is this a conspiracy theory that has been repeated for over a decade now, or is there more to it? https://foreignpolicy.com/2009/10/07/debunking-the-dumping-the-dollar-conspiracy/
Did anyone else clock when this guy said โweโve sent 150,000 flash drives into North Korea
I canโt help but think if your a North Korean and you get caught with one of those flash drives youโd probably be sent to a concentration camp / murdered??
Surely its reckless as fuck to just spam North Korea with flash drives? I once read South Koreans would tie VHS vapes to balloons and send them over the broader, and North Koreans who were caught with them in their possession would risk getting sent to camps..
How is bitcoin mining more accessible and / or democratic than staking Ethereum? Bitcoin mining requires expensive specialized hardware and a ton of electricity. On the otherside with staking anybody can participate pretty easily. Both systems are susceptible to the rich and powerful taking over, but at least with staking the masses have a fighting chance. Couldn't really take his points on bitcoin seriously after that.