Ep. 361 Steve Patterson Defends Roger Ver’s Book, Hijacking Bitcoin
Steve Patterson is an iconoclast who always seeks to puncture the orthodox narrative. In this episode, he defends the book he helped Roger Ver write, in which they lament the alleged “hijacking” of Bitcoin away from Satoshi’s original vision.
Mentioned in the Episode and Other Links of Interest:
- The YouTube version of this episode.
- The website for Hijacking Bitcoin.
- The website for FreeRogerNow.com.
- Bob’s book with Silas Barta, Understanding Bitcoin.
- Steve Patterson’s BMS appearance on the mind-body problem. His episode on infinity.
- Help support the Bob Murphy Show.
About the author, Robert
Christian and economist, Chief Economist at infineo, and Senior Fellow with the Mises Institute.
Interesting talk. Thanks.
FINALLY someone tells the story!
Man, I’ve been shouting this for years.
Very sus guest. Like, there is an argument you can make in favor of shitcoins like bcash, you can argue that every single coffee purchase should be memorialized for eternity on the universal blockchain in order to make things. But the arguments Steve gave were patently strawmen and not in good faith. What’s his agenda –_–. The way he misrepresented open source software (git(hub)) was really nasty – anyone can fork it, the users are ultimately in control. The way he belittled users, as though we’re brainless useful idiots was also very insulting. Users had the choice about which client to use iirc, and we voted for “smaller block sizes” (more resilient/distributed chain, more scalable chain – does bcash even have a second layer, or do they really want to immortalize every coffee purchase), for now.
Leading with the tenditious ‘shitcoins’ is already a sign you’re on team gobalist: ‘keep crypto stuck on MSDOS 1.0 and thus useless in the modern world’.
What part of ‘ledger’ don’t you understand? What is so offensive about the blockchain technology to you that you use ‘immortalize’ as an epithet?
There’s no need to carry the full blockchain with you consisting of all ‘immortalized’ transactions in order to verify BCC, or a number of more efficient alternatives.
Please repent and stop Golden Calfing your subverted Bitcoin.
When BTC forks, the path of least resistance is for the users to do nothing rather than take effort and install the fork. Why would you pretend otherwise?
How many BTC holders do you think still own BCH that they don’t even know about?