Wyoming Protects Private Keys, El Salvador Opens Bitcoin Embassy
synopsis
Ian and Mandana dig into Wyoming's private key protection bill, El Salvador opening a Bitcoin embassy in Texas, and continue the inscriptions debate. The episode features a major philosophical disagreement about whether Bitcoiners are inherently good people, Ian's prediction that Bitcoiners will emigrate to El Salvador within 5-8 years, and a compressed timeline for Bitcoin's price appreciation.
quotes
"In order to understand Bitcoin, you can only be so bad." — Ian
"I'm not assuming that people are bad. I'm just not assuming that people are good." — Mandana
"If Joe Biden gets reelected, I guarantee you there are Bitcoiners moving to El Salvador." — Ian
"Not your keys, not your coin. They get to decide when you retire." — Ian on French protests
"It is the newest thing in the world." — Ian on people calling Bitcoin "old"
"Everyone has their line." — Ian on when Bitcoiners will leave
topics
Wyoming bill protecting private keys (no compulsion to produce private keys)El Salvador Bitcoin embassy in TexasBitcoin inscriptions consensus formingBitcoiner emigration thesis — El Salvador as destinationWhether Bitcoiners are inherently good people (major disagreement)Compressed timelines for Bitcoin price appreciationFountain app evangelism (37% of listeners on Apple Podcasts)