Erik Voorhees joins me to explore the nature of decentralization.

Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/

GUEST
Erik’s Twitter: https://twitter.com/ErikVoorhees
Erik’s Company: https://shapeshift.com/

PODCAST
Podcast Website: https://whatismoneypodcast.com/
Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400
Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1
RSS Feed: https://feeds.simplecast.com/MLdpYXYI
Transcript:

OUTLINE
00:00:00 “What is Money?” Intro
00:00:08 How Do We Determine Decentralization?
00:06:09 Decentralization is Solely for Censorship-Resistance?
00:09:24 Does Ethereum’s Pre-mine Prohibit its Decentralization?
00:13:08 The Ethereum Post-DAO Hack Fork
00:17:57 “Code Is Law”
00:22:07 Ethereum Is Not Money; It Is Liquid Venture Capital
00:26:50 Is Ethereum Market-Proven?
00:28:33 Is Decentralized Exchange a Valid Use Case?
00:35:43 The Indivisibility of the Bitcoin Social Layer
00:37:57 What is the Total Addressable Market for Ethereum?
00:41:00 The “Ultra-Sound Money” Narrative
00:46:33 The Store of Value Marketplace Dynamics
00:51:30 Is Lightning Network Decentralized?
00:56:53 NYDIG
00:58:00 What is Shapeshift?
01:04:22 Where is Shapeshift on the Path to Decentralization?
01:10:14 What are Decentralized Autonomous Organizations (DAOs)?
01:15:45 Current Law Does Not Contemplate the Existence of DAOs
01:19:10 Are Other Organizations Pursuing the Path of Decentralization?
01:23:09 The Governance Model of Shapeshift DAO
01:27:21 Why Not Build All DAOs on Bitcoin?
01:30:55 The Non-Coercive Politics of Decentralized Protocols
01:38:40 ICOs and Self-Regulation
01:43:19 Can Self-Regulation Work in Practice?
01:52:30 What is the Utility Value of Ethereum?
01:59:23 What is the Endgame of Bitcoin and Decentralization?

SOCIAL
Breedlove Twitter: https://twitter.com/Breedlove22
WiM? Twitter: https://twitter.com/WhatisMoneyShow
LinkedIn: https://www.linkedin.com/in/breedlove22/
Instagram: https://www.instagram.com/breedlove_22/
TikTok: https://www.tiktok.com/@breedlove22?lang=en
All My Current Work: https://linktr.ee/breedlove22​

WRITTEN WORK
Medium: https://breedlove22.medium.com/
Substack: https://breedlove22.substack.com/

WAYS TO CONTRIBUTE
Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7
Sats via Strike: https://strike.me/breedlove22
Sats via Tippin.me: https://tippin.me/@Breedlove22
Dollars via Paypal: https://www.paypal.com/paypalme/RBreedlove
Dollars via Venmo: https://venmo.com/code?user_id=1784359925317632528
The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=true

RECOMMENDED BUSINESSES
Worldclass Bitcoin Financial Services: https://nydig.com/
Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217
Put your Bitcoin to work. Earn up to 6% interest back on Bitcoin with Tantra: https://bit.ly/3CFcOmg
Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/
Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/
Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22