Cape Breton Bitcoin Culture

with Steven Manley and Dominic Ratelle

Brad Mills invites fellow Cape Breton bitcoiners Steven Manley and Dominic onto the show to discuss early adoption of crypto and its relation to Cape Breton culture. Steven talks about his past involving early cryptography, Brad elaborates on the state and history of Cape Breton. Dominic talks about his history retiring from the military and retirement in Cape Breton. The group criticizes governments and their stances on Bitcoin and altcoins, as well as the problems facing not just Bitcoin, but the entire crypto space as regulators come to collect.

Time Stamps

00:00:18 - Introduction

00:02:10 - The Post-Trust World

00:08:25 - Show Start and Guest Intro

00:15:04 - Getting into Bitcoin Early

00:19:38 - The current state, Challenges facing Bitcoin

00:27:51 - What is money and the violation of social contracts

00:42:21 - Government relations with cryptocurrencies

00:46:07 - Cape Breton culture

00:52:06 - Bitcoin dominance, relation to altcoins and fiat

00:59:28 - Questioning what money is and government control

01:09:08 - Debt defaults and hyperinflation

01:19:27 - Institutions and speculation, money wrapped up in assets

01:26:01 - Factionalism in the cryptocurrency community

01:32:37 - Bitcoin “a threat to the US dollar”, regulation and institutions

01:42:30 - Trust and altcoin centralization, Bitcoin community vs Altcoin community

01:55:27 - Jack Dorsey, the Twitter API, and relation to Bitcoin

02:02:06 - Bitcoin not going away, life changes, institutional control of finance

02:10:00 - Bitcoin and energy consumption

02:15:40 - Updating away from equalization, Cape Breton modernizations

02:24:03 - Social media plugs and closing remarks

Links to Mentions in the Show

This Machine Greens

Mount Gox

Lightning Network

IMF Concerned about Cryptoization

SEC Court Case with Coinbase

Cape Breton Economics

Shrinkflation

Bretton Woods

Default on debt in Lebanon

Find Steven Manley

Steven Manley Twitter

Find Dominic Ratelle

Dominic Ratelle Twitter

Find Brad Mills

Brad Mills Twitter

Magic Internet Money Twitter

Magic Internet Money Facebook

Magic Internet Money Instagram

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Bitcoin, DeFi, and Long-Term Perspectives

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Exploring Brad’s Bitcoin Backstory